Listed by Donna A. Walsh, Lake & Company
- 1
- Bedrooms
- 1
- Bathrooms
- 664
- Square feet
- $286
- Per sq ft
- Condominium
- Type
- 1961
- Year built
- 170
- Days on market
About this property
Fixer opportunity with astounding views of Olympics, Lake Union, Space Needle & City! Melrose Terrace Co-op Board will approve a ONE-TIME sale of this unit to an investor/flipper. NO RENTALS allowed. The future buyer MUST be an owner occupant. Melrose Terrace offers rare amenities including a lovely large indoor pool, gym, woodshop, parking with community EV chargers, and expansive west-facing views from the garden terrace and rooftop deck. Enjoy bringing your friends to the rooftop deck for BBQ's, relaxation & fireworks! Parking guaranteed $80 per month. Amenities include guest parking, guest apartment, laundry room, storage, playroom, automatic ADA lobby door & more! The building is concrete & steel construction. Total HOA Dues of $914.35 include Property Taxes. Property Taxes of $236.39 plus Operating expenses of $677.96 equals $914.35 per month.. Easy Co-op financing available. Movement Mortgage, Cross Country Mortgage & National Co-op Bank are the 3 lenders providing Co-op financing! Excellent on-site manager! SLU & Light Rail close by.
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Property details
Listing details
- Listing number
- #2597900
- Listed
- October 28, 2026
- Days on market
- 170 (includes a prior listing period)
- Price per sq ft
- $286
Unit & building
- Unit
- 504
- Floor
- 5
- Building
- Melrose Terrace
- Stories in building
- 9
- Units in building
- 109
Homeowners association
- HOA dues
- $914 monthly
- Dues include
- Central Hot WaterCommon Area MaintenanceSee RemarksSewerTrashWater
Parking
- Parking
- Common GarageOff StreetUncovered
Views
- View
- BayCityLakeMountainsSee RemarksSound
- View from
- Rooftop Deck,Unit
Construction
- Year built
- 1961
- Style
- 33 - Co-op
- Structure
- Condominium
- Roof
- Built-Up
Heating & cooling
- Heating
- Baseboard
- Cooling
- None
- Energy source
- Electric
Interior features
- Features
- Cooking-ElectricInsulated WindowsWater Heater
Flooring
- Flooring
- Ceramic TileLaminate
Appliances
- Appliances
- RefrigeratorStove(s)/Range(s)
Community & building features
- Features
- Electric Car Charging StationElevatorExercise RoomGame/Rec RmLaundry RoomLobby EntranceIndoor Pool
- Bus line nearby
- Yes
Lot
- Lot features
- AlleyCurbsDead End StreetPavedSidewalk
Terms
- Terms offered
- CashConventionalSee Remarks
Utilities
- Water
- City of Seattle
- Sewer
- City of Seattle
- Power
- City of Seattle
Schools
- District
- Seattle
- Elementary
- Lowell
- 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.
- Central Hot Water
- Common Area Maintenance
- See Remarks
- Sewer
- Trash
- Water
- Common Garage
- Off Street
- Uncovered
- Bay
- City
- Lake
Listing history
Listed
$189,999
October 28, 2026
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
$2,021
- Principal & interest
- $961
- Property tax (est.)
- $146
- HOA dues
- $914
Assumes $38,000 down (20%), a $151,999 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.
Based on information submitted to the MLS GRID as of October 28, 2026 at 12:30 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.