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JRJeff ReynoldsCompass · Seattle

Listed by Jalen Holmes, J2 Group

2
Bedrooms
2
Bathrooms
1,023
Square feet
$474
Per sq ft
Condominium
Type
1978
Year built
1,023 sq ft
Lot
90
Days on market

About this property

Updated price delivering incredible $/sq ft value!! Rare A/C and no rental cap in this bright, west-facing 5th-floor Capitol Hill 2BD/1.5BA with Olympic Mountain, Sound, and city views from the living room, dining room, and kitchen. Both bedrooms have true windows and closets, primary with walk-in. Gas fireplace, updated kitchen, in-unit W/D, brand new flooring in kitchen and dining, freshly painted throughout. Secured lobby, package room, large private storage, and one secured covered garage space. Mostly owner-occupied. Pets OK. Steps to Analog Coffee, Harry's Fine Foods, Cornelly, and Carmelo's Tacos. One minute to the bus, 5-7 to QFC, 8-10 to Capitol Hill Light Rail (direct to SeaTac), 12-15 walk to South Lake Union tech campuses, 20 to Pike Place. Investors: no rental cap, est. $3,300/mo against $637 HOA. Turnkey and move-in ready.

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Location & commute

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Directions

Jeff's Neighborhood Guide

Get to know Capitol Hill

Jeff's Capitol Hill profile covers the streets, shoreline, parks, markets, and local places that define the neighborhood, written from years of showing homes here. It is editorial, separate from the MLS listing data above.

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Property details

Listing details

Listing number
#2560345
Listed
July 31, 2026
Days on market
90
Price per sq ft
$474
Original list price
$515,000

Unit & building

Unit
504
Floor
5
Building
Melrose East Condominium
Stories in building
5
Unit levels
One
Units in building
43

Homeowners association

HOA dues
$637 monthly
Dues include
Common Area MaintenanceSewerTrashWater

Parking

Parking
Common Garage

Views

View
CityLakeMountainsSoundTerritorial
View from
See Remarks

Construction

Year built
1978
Style
30 - Condo (1 Level)
Structure
Condominium
Roof
Flat

Heating & cooling

Heating
Baseboard
Cooling
Window Unit(s)
Energy source
Electric

Interior features

Features
Cooking-ElectricDryer-ElectricFireplaceInsulated WindowsWalk-In Closet(s)WasherWater Heater
Fireplaces
1
Fireplace type
Gas

Flooring

Flooring
LaminateCarpet

Appliances

Appliances
DishwasherDisposalDryerMicrowaveRefrigeratorStove(s)/Range(s)Washer

Community & building features

Features
Cable TVElevatorFire SprinklersGatedHigh Speed Int AvailLobby EntranceOutside Entry
Bus line nearby
Yes

Lot

Lot features
AlleyCorner LotPavedSidewalk
Lot size
1,023 sq ft

Terms

Terms offered
CashConventional

Utilities

Water
HOA
Sewer
HOA
Power
Seattle City Light

Schools

District
Seattle
Elementary
Lowell
Middle
Tops K-8
High
Garfield High

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • One
  • Common Area Maintenance
  • Sewer
  • Trash
  • Water
  • Common Garage
  • City
  • Lake
  • Mountains
  • Sound
  • Territorial
  • Condominium

Listing history

  1. Listed

    $515,000

    July 31, 2026

  2. Current price

    $485,000

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$3,461

Principal & interest
$2,452
Property tax (est.)
$372
HOA dues
$637

Assumes $97,000 down (20%), a $388,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

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Based on information submitted to the MLS GRID as of October 30, 2026 at 2:00 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.