RealtyLens
for saleRealtyLens property overview
$349,950

308 Sumitt Ave E Unit 505

Seattle, WA, 98102
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1Beds
1Baths
616Sqft
$568$/sqft

Listing Notes

Top-floor condo in a well-maintained, smaller-sized complex with 1 assigned parking space (#6) and extra storage. Enjoy a highly walkable location close to shops, restaurants, and everyday conveniences. Recent updates include a newer refrigerator (approximately 1.5 years old) and water tank replaced within the last 3 years. The HOA is also replacing the hallway carpets, adding to the community's refreshed feel. Great opportunity for comfortable, low-maintenance living in a convenient location.

Market Insights

Near nearby median+1.4%

$568/sqft vs a nearby median of $560/sqft.

Nearby median$560/sqft
Nearby properties4
Property size616 sqft
  • +1.4% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 616 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$307k$272k$342k · 26% confidence
vs ask $350k+$43k (+12.3%)

Asking price is about 12.3% above where comps + adjustments land — there is room to negotiate.

$506/sqft median across 3 tight comps × 616 sqft= $312k
  • Mid-century building era−$5k −1.5%
Cumulative NYC adjustments−$5k−1.5%

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position+1.4% 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
5 days
Last price change
No change recorded
Listed
May 7, 2026
Photos
25 photos
Property type
condos
Status
for sale

Photos

Price History

May 8, 2026Initial record
$349,950for 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.