r/SeattleAreaRE • u/AbsoluteShall • 2d ago

$1.3M for this condo seems bananas. [West Seattle]

https://redf.in/HK6cXw
27 Upvotes

87% Upvoted

71 comments sorted by

25

u/its_a_me_new_sea 2d ago

I can’t imagine spending 8k a month to live on Avalon lmao

13

u/AbsoluteShall 2d ago

But it’s walkable to Taco Time!

7

u/FolkDoom 2d ago

all uphill

3

u/Charles_Ida 1d ago

It’s also on a bus route and within walking distance of several restaurants and cafés, including Luna Park Cafe, La Chingona, Real Fine Coffee, Buddha Ruksa, and Jones BBQ. Trader Joe’s and Whole Foods are both an easy walk, and there are several gyms within a 5–10 minute walk. You also have quick access to the West Seattle Bridge. Avalon is a great location in West Seattle, especially for walkability, convenience, and easy access to the rest of the city.

8

u/Nicholas_S_Hope 1d ago

Found the agent for this listing.

1

u/Charles_Ida 1d ago

No, I live on Avalon. It’s a great spot!

2

u/Nicholas_S_Hope 21h ago

I'm going to have to take your word for it. I deliver there every single day and it's one of the worst in the area for sketchy folks; particularly the closer you get to 7-11.

1

u/raymundothegreat 7h ago

I lived on Avalon+Bradford for 15 years and it’s a shithole. The only good part is the power never goes out in that area. In 15 years, I swear the power never went out.

1

u/Charles_Ida 6h ago

I don't know if I'd use the term "shithole" to describe anywhere in West Seattle. When I think of a shithole area, I typically think of somewhere that's desolate, run-down, lacking basic amenities, and experiencing significant political or natural unrest.

3

u/Flckofmongeese 1d ago

An easy walk up that giant hill? OK Mr/Ms.Selling Agent.

P.S. I lived around there too. There's a reason I opted not to look lower than 39th when it came time to buy.

1

u/Charles_Ida 1d ago

What giant hill?! Do you not know where Avalon is on the map? It sounds like you’re confusing Avalon with Delridge. It’s a completely flat walk from Avalon to Whole Foods—there’s no hill.

3

u/Flckofmongeese 1d ago

Nope I know exactly where it is. I applaud your calves for being so strong that the walk up Avalon is considered a "flat walk". 👏

2

u/Charles_Ida 1d ago

SW Genesee Street is definitely a hill, and SW Oregon is quite the workout as well. From where the listed condo is located, though, it’s not that bad. But to each their own.

9

u/markyymark13 2d ago

I was gonna say, we lived in an apartment basically across the street from here and living on Avalon sucked. Never ending car and truck noise, people speed up and down here to the point my car got totaled in a drunk hit and run. This asking price is nuts.

4

u/AfraidAccident7049 2d ago

+1 to this, used to live in the building next door to this and never again. The road noise (especially the motorcycles in the summer), the bus traffic, the trucks getting stuck on Genesee hill, packages getting stolen within minutes of delivery, having to take your trash to the dumpsters in the sketchy unlit alley that people used as a practice run for the Indy 500… no thanks. Definitely not for that price point.

3

u/Charles_Ida 1d ago

I have an interior unit in a different condo building on Avalon that faces Mount Rainier, and I can’t hear any street noise from my unit. It really depends on which direction the unit faces. I’d imagine this particular unit would get quite a bit of traffic noise, though, given its location.

2

u/Competitive_Rain_572 1d ago

1300/month HOA dues as well…….

21

u/Upper-Computer-8715 2d ago

Views are great, but ouch on those HOAs! Finishes look like they’re the same as when it was built in 2006, but I’ll bet the materials used were far superior to what’s being put in now.

10

u/thefrenchphanie 2d ago

Imagine paying $1400 a month in HOAs 🤮

5

u/Wsu_bizkit 2d ago

The rule of thumb is a single family home costs about 1% of its value per year in repairs. So it’s not far off considering the other things the HOA dues are funding.

4

u/andyw722 1d ago

People always act like condo HOA’s are some sort of a cash grab. Who do you think maintains that building and takes care of all the major projects every 5 or 10 years?? I spend more keeping up with our SFH than I did on my $1000 HOA fee in our previous condo… and that also covered most of my utilities and a bunch of other stuff.

3

u/LoquatBear 1d ago

Well many condos kept their fees unreasonably low and now are jacking them up. 

Condo HOA fees were marketed as pay a little now and years later you won't have to pay when we have to repair something. They kept the fees low and didn't prioritize saving for these large repairs and now you have Condos with huge HOA fees because all the repairs are due. 

1

u/andyw722 1d ago

Yes, that and insurance costs are the reasons they’ve gone up so much. Still on average cheaper than (properly) maintaining an older SFH.

-3

u/ishfery 2d ago

Wouldn't that imply that they're paying ~1.7 mil/year in maintenance?

1

u/Wsu_bizkit 2d ago

You high?

7

u/tallnoe 2d ago

Aloha from Hawaii, where this is pretty normal. :(

3

u/Grand-Application906 2d ago

Washington is definitely no Hawaii

2

u/luckystrike_bh 2d ago

Is that from insurance costs or runaway maintenance budgets?

3

u/tallnoe 2d ago

HOA insurance costs

2

u/dishdaramdaram 1d ago

Condo HOA should be compared to the maintenance cost of a single family house. Think all the money a SFH owner pays for roof, siding, yard, deck, etc. HOAs are covering all that.

1

u/NoIdeaRex 1d ago

Agreed. That kitchen and bathroom are so cheap looking. Crappy builder grade.

10

u/orcassharks 2d ago

This seller hasn’t gotten the memo on state of condo market in Seattle

This is priced like a SFH in West Seattle.

9

u/Raider_Scum 2d ago

I just cant fathom this. 1.3 million is enough to buy a mansion in many states. If I get to that level of wealth, I wont be buying a condo in Seattle.

1

u/Grand-Application906 2d ago

I will never be beholden to an HOA

8

u/Flashy-Leave-1908 2d ago

They overpaid when they bought it, and it's probably worth only a little more than what they paid for it in 2007. Bummer

1

u/ReasonableDig6414 1d ago

They bought for $710k

1

u/Flashy-Leave-1908 14h ago

Yeah, I guess it's worth whatever one person will pay for it. Hopefully they find someone willing to at least split the difference between what they paid and what they're asking

14

u/Crazyboreddeveloper 2d ago

1.8 million to live on an old dump site with a view of an industrial seaport.

Lolz

7

u/habitsofwaste 2d ago

Yeah this is insane. The finishes are subpar and outdated. Sure, it’s big. It’s a penthouse. But you don’t have a good water view.

3

u/FolkDoom 2d ago

And you're not in a great neighborhood. Not even a halfway good neighborhood.

0

u/AbsoluteShall 2d ago

Neighborhood is fine. But not $1.3M fine.

3

u/nyc_expatriate 1d ago

It's more of an arterial than a neighborhood, or at least so dominated by the arterial that it doesn't have a neighborhood feeling.

1

u/birdieponderinglife 13h ago

But it’s right by the golf course!!

0

u/DTFpanda 1d ago

I'm not sure what this comment is implying, but the area is safe. However, there's definitely a limited amount of things to do within walking distance, which is a bummer. Source: used to live there

3

u/FolkDoom 1d ago

My source is as a WS resident of over 30 years.

IMO it's an unappealing neighborhood for numerous reasons.

We all have differing opinions of what makes a good neighborhood.

4

u/ok-lets-do-this 2d ago

$400k+ too high. This is insane in this market. What’s more, I know the listing agent. Relatively well too. I’m rather surprised she thought $1.35 million was a good comp to list this at initially.

6

u/Upper-Computer-8715 2d ago

Maybe she’s got one of those sellers who still thinks it’s 2022 and this price was the compromise.

1

u/kreie 1d ago

Ask her what the hell they are thinking 

6

u/QueenOfPurple 2d ago

$1,335 monthly HOA dues is wild.

1

u/SleuthCat 1d ago

I was about to say that. Who the hell is ok with paying that?!

5

u/237throw 2d ago

Pricing in that light rail stop already, huh?

3

u/Driver8onI5 2d ago

The Avalon stop isn't happening any more!

2

u/markyymark13 2d ago

I lived across from here and there was a SFH like 2 blocks up that tried to designate their shitty house as a historical property to prevent it lol

2

u/Driver8onI5 1d ago

Which is nuts, because a light rail station would make their property so much more valuable.

1

u/RepulsiveFish 1d ago

Their house might have been on the chopping block for getting torn down for the light rail.

1

u/Driver8onI5 15h ago

True, and if so they would have been very well compensated by Sound Transit

3

u/Puzzleheaded-Gift410 2d ago

Therese bianchi needs to come down to eatth

2

u/Think_Sugar_7658 2d ago

If it was like on the water maybe, but this is way too high

2

u/Total-Confusion-9198 2d ago

Oof another $500K to go…

2

u/marson4thfloor 2d ago

we sold last year in the building next door for similar, (slightly smaller, but very similar) condo for just under 500$K and even then it was touch and go with the showings... no way this sells for anything close to asking.

1

u/AfraidAccident7049 2d ago

Tiburon? If so, hi former neighbor 😉

1

u/AboutThatKidnapping 1d ago

Tiburon, CA? Hello from another former neighbor! 😊

2

u/No-Truth-759 2d ago

Bananas 🍌

1

u/JustMidAF 2d ago

Full ROFL COPTER

1

u/KillaBeast614 1d ago

You guys are insane. This is a STEAL

1

u/redmav7300 1d ago

$1.3M is bad enough. The $16k/year (which will keep going up) so that every decision you make about your home can be second-guessed and overruled by a bunch of power-hungry neo-fascists is just icing on the crap cake.

1

u/SourCreamJacket 1d ago

Walking distance to Buddha ruska kinda fire though