RealtyLens
for saleRealtyLens property overview
$345,000

2801 1st Ave Apt 412

Seattle, WA, 98121
View more Seattle, WA property pages
1Beds
1Baths
608Sqft
$567$/sqft

Listing Notes

Welcome to Ellington Condominiums, where luxury meets convenience in the heart of Belltown. This beautifully updated 1-bedroom home showcases a stunning $45,000 remodel featuring custom white oak cabinetry, slab countertops and full-height backsplash, plus all-new appliances-blending timeless design with modern functionality. The open-concept layout offers effortless flow for entertaining, while expansive windows fill the space with natural light. Retreat to the spacious bedroom complete with a walk-in closet, and enjoy cozy evenings by the fireplace or summer mornings on your private balcony. Residents of Ellington enjoy premier amenities including 24/7 concierge, fitness center, hot tub, guest suites, elegant common areas, and secure parking. Ideally located just steps from the waterfront, Olympic Sculpture Park, Pike Place Market, and Seattle's finest dining, shopping, and entertainment. Experience elevated urban living in one of downtown Seattle's most desirable buildings.

Market Insights

Near nearby median-3.9%

$567/sqft vs a nearby median of $590/sqft.

Nearby median$590/sqft
Nearby properties6
Property size608 sqft
  • -3.9% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 608 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$368k$338k$398k · 59% confidence
vs ask $345k−$23k (−6.7%)

Asking price is about 6.7% below the fair value — likely to draw competing offers if it's still on market.

$597/sqft median across 5 tight comps × 608 sqft= $363k
  • Modern construction+$5k +1.5%
Cumulative NYC adjustments+$5k+1.5%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position-3.9% vs nearby

The property is close to nearby price-per-square-foot levels, so the decision will likely come down to condition and layout.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
1 day
Last price change
No change recorded
Listed
May 11, 2026
Photos
40 photos
Property type
condos
Status
for sale

Photos

Price History

May 12, 2026Initial record
$345,000for sale

You can also find this listing on Realtor.com.

Listing data sourced from realtor.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.