masterkey logo
2241 13th Ave W UNIT 101
Score
0
Seattle, WA

2241 13th Ave W UNIT 101

525K
2 bd • 2 ba • 987 sf

This analysis was generated on 2/19/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

0:00
0:00 / 0:00
List Price

$525,000

Price/Sq.Ft

$532

Year Built

1996

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Puget Sound Views: The property description emphasizes "breathtaking sunsets over Puget Sound," which is a highly desirable feature in Seattle real estate. Water views typically command a premium. • Large Patio: The "oversized patio" provides valuable outdoor living space, particularly attractive in a condo setting. This expands the usable living area and is ideal for entertaining. • Well-Maintained: The description highlights that the condo is "meticulously maintained," suggesting that it is in good condition and requires minimal immediate repairs. • Updated Kitchen: The "chef's kitchen" with granite countertops and stainless steel appliances is a modern upgrade that appeals to many buyers. • In-Unit Washer/Dryer: This is a highly desirable convenience, especially in older condo buildings where shared laundry facilities are common. • Secure Parking and Storage: The inclusion of a secure garage with 2-car tandem parking and a private storage unit is a significant advantage in a city where parking and storage are often limited and expensive. • Small, Tight-Knit Community: The HOA consisting of only six homes can foster a sense of community and potentially lead to more responsive management. • Excellent Location: The property is conveniently located with easy access to downtown, Queen Anne, Whole Foods, transit, and Ballard, making it attractive to those who value urban living and convenience. • Good Schools: The proximity to highly rated schools (Coe Elementary 9/10) is a plus, even for buyers without children, as it can positively impact property values.

The Bad

• Price Decrease: The property was previously listed for sale at $525,000 but was then decreased by -3.8%. This could be due to market conditions, property condition, or other factors. • Older Building: Built in 1996, the condo may require updates or repairs sooner than a newer property. Potential buyers should factor in the cost of updates when considering this property. • No Central Air Conditioning: The lack of central air conditioning may be a drawback for some buyers, especially during Seattle's increasingly warm summers. Window units may be necessary, adding to electricity costs. • Air Quality Concerns: The "severe" air quality risk (7/10) is a significant concern. Seattle has been experiencing more frequent periods of poor air quality due to wildfires.

The Ugly

• Potential for Decreasing Value: The property was sold in 2019 for $546,000, but is now listed for $525,000. This could indicate a problem with the property or the area. • Price per Square Foot Above Market Average: The price per square foot is $531.91, which is above the average for Seattle condos in 2024. Seattle condos average around $500 per square foot. This could indicate that the property is overpriced for the area. • Rental History: The property has been listed for rent multiple times in the past. This could indicate that the property is difficult to sell or that the owners are having trouble finding tenants. • Past Price Changes: There have been several price changes, both increases and decreases, in the past. This could indicate that the property is difficult to price or that the market is volatile.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

• Buyers Seeking a Low-Maintenance Condo: The HOA covers trash, sewer, and water, reducing the burden of individual maintenance. The small, six-unit complex fosters a close-knit community. • Individuals Prioritizing Location and Accessibility: The property offers convenient access to downtown Seattle, Queen Anne, Whole Foods, and public transit. The 9/10 rated Coe Elementary School is also nearby. • Buyers Desiring Outdoor Space with Views: The oversized private patio with Puget Sound views offers a unique entertaining and relaxation area. • Those Seeking Secure Parking and Storage: The unit includes a secure garage with tandem parking for two cars and a private storage unit, addressing common parking concerns in Seattle.

Not For

• Buyers Needing Ample Interior Space: At 987 square feet, the condo may feel cramped for some, especially those accustomed to larger homes or families needing multiple bedrooms. • Individuals Seeking New Construction: Built in 1996, the condo is not a new build and may have features or systems that are considered outdated by some buyers. • Buyers Seeking a Large HOA or Extensive Amenities: The small six-unit HOA may lack the extensive amenities (e.g., gym, pool) found in larger condo complexes. • Those Seeking a Quiet Indoor Environment: The air quality risk is rated as severe (7/10) with 11 bad air days per year. Individuals sensitive to air pollution may find this problematic.
Demographics
Area Median Income

$106,245

Property History

Price History
Ownership Timeline
$546,000Financed
Dec 20, 2019
Renee Julienne Sage, David Ian SageZachary Scott Makoto Hernandez, Gigi Dawn
Warranty Deed
Standard Sale (Purchase/Resales)
$0Cash Purchase
May 8, 2015
Renee J SageRenee J Sage, David Ian Sage
Intrafamily Transfer
Non-Arm's Length Transactions
$340,000Financed
Mar 6, 2015
As Atlantic Usa IncRenee J Sage
Warranty Deed
Standard Sale (Purchase/Resales)
$350,000Cash Purchase
Nov 2, 2004
Michael BreivikAs Atlantic Usa Inc
Warranty Deed
Standard Sale (Purchase/Resales)
$199,500Financed
Oct 30, 1996
B & W Development LlcMichael Breivik
Warranty Deed
Standard Sale (Purchase/Resales)

Property Taxes

$5,613
2023 Tax Assessment
31.7%from previous year
Assessed Value$602,000
Tax Rate0.93%

Sunlight Analysis

Visualize how sunlight affects this property throughout the day and year.

Sunlight Analysis

Data provided by Shadowmap

Loading sunlight data...

Schools

Nearby school quality by education level

Middle

7.0/10
Good

High

9.0/10
Excellent

Financials

Monthly Costs
Market Rent (2 bed)

$2,390

Get a detailed estimate on Zillow
HOA Fee

$585

Unlock Premium Features

Supercharge Your Property Analysis

Get unlimited AI-powered insights and analysis to make confident decisions about any property you're interested in.

Best for serious buyers
  • Unlimited AI analysis
  • Unlimited AI chat
  • Advanced tools & insights
$24.92/mo
Billed yearlySave 17% ($60/year)
Cancel anytime • 30-day money-back guarantee

Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$525,000
Price/sqft
$532
Layout
2 bd2 ba
Days on market
5 daysat time of analysis

Stats in the Area

Based on 6 comparable properties nearby

Average Price

$888,300

40.9%

Your price is 40.9% below average

Median Price

$950,000

44.7%

Based on 6 recent sales

Price per Sq.Ft

$852

37.6%

Your price is 37.6% below average $/sqft

Comparable Properties

410 W Roy Street #401E, Seattle, WA 98119
Price: $730,000
Sq.Ft: 1,112
Beds/Baths: 2/2
$/Sq.Ft:
$65623.4%
Sale Date: 1/10/2025
654 W Olympic Place #503, Seattle, WA 98119
Price: $699,900
Sq.Ft: 1,043
Beds/Baths: 2/2
$/Sq.Ft:
$67126.2%
Sale Date: 12/11/2024
3648 Greenwood Avenue N, Seattle, WA 98103
Price: $1,400,000
Sq.Ft: 940
Beds/Baths: 2/2
$/Sq.Ft:
$1,489180.0%
Sale Date: 12/6/2024
3446 13th Avenue W, Seattle, WA 98119
Price: $1,025,000
Sq.Ft: 1,100
Beds/Baths: 2/2
$/Sq.Ft:
$93275.2%
Sale Date: 12/24/2024
2730 W Howe Street, Seattle, WA 98199
Price: $950,000
Sq.Ft: 1,087
Beds/Baths: 2/2
$/Sq.Ft:
$87464.3%
Sale Date: 12/9/2024
1110 W Howe Street #202, Seattle, WA 98119
Price: $524,900
Sq.Ft: 1,068
Beds/Baths: 2/2
$/Sq.Ft:
$4917.6%
Sale Date: 10/31/2024

Frequently Asked Questions

Property Discussion

Start the Conversation

Share your insights on this property—did you visit the open house? Know of any hidden pros or cons? Your street-level knowledge could be exactly what another buyer needs.

You
Join 1,000+ buyers

Analyze Any Property for Free

Get instant insights and potential savings on any Zillow listing.

Free Analysis
AI-Powered Insights
Instant Results