I’m Roy Powell, Broker at Team Diva with Coldwell Banker Bain Lake Union. I’m excited to answer the question “What home can you buy for under $600,000 on Capitol Hill in Seattle?” You know I LOVE mid-century homes, and Capitol Hill is one of my favorite Seattle neighborhoods. But can the two come together like peanut butter and jelly in perfect harmony? Yes! Do they come together in the shape of a cool mid-century home on Capitol Hill for under $600,000? Double YES!
What Home Can You Buy for Under $600,000 on Capitol Hill in Seattle? Let’s Tour This Cool Mid-Century Condo in Capitol Hill & See!
I’m Roy Powell, Broker at Team Diva with Coldwell Banker Bain Lake Union, and thank you for joining me! We all know the Seattle real estate market is wild right now. This is especially true in Capitol Hill and its surrounding neighborhoods. The appreciation of housing around here has been intense. But you can still find a cool mid-century home for under $600,000 right here in Capitol Hill, Seattle.
What Is Capitol Hill’s Real Estate Market Like Right Now? What Home Can You Buy for Under $600,000 on Capitol Hill in Seattle?
Let’s dive into the data! Right now in Capitol Hill, single-family homes sell on average for around $2 million dollars. Want a townhouse? Here in Capitol Hill, townhouses are currently selling for around $1.4 million dollars. Overall, condos in Capitol Hill are selling for $450,000 and more specifically two bedrooms are selling for around $600,000.
So, I’m sure by now you are asking “But Roy, what home can you buy for under $600,000 in Capitol Hill in Seattle?” I got you, and spoiler alert: It’s in the sky, it’s gorgeous, it has a view.
And it’s not as hard to purchase as you might first think.
In my Coffee with Roy video for March 2022, I talked about different ways to buy a home in Seattle right now. I also talked about the importance of buying the right size home for you. I really think this mid-century condo is super versatile and could be just right for most renters looking to buy their first place. Frankly, if Katy and I were shopping for our first home right now we would likely be looking at condos like this one. The price, location, and condition are all fantastic. (Shhhhhh, don’t tell Kim!) But I think we found the perfect trifecta.
What Home Can You Buy for Under $600,000 on Capitol Hill in Seattle? This Cool Mid-Century Condo!
Ok, let’s check out our newest listing at the Mariner Condominiums in Seattle’s Capitol Hill neighborhood!
This Cool Mid-Century Condo Really Does Have It All
Welcome to the Mariner Condominiums! Built in 1962, this complex is made up of two buildings totaling 17 units. This unit is on the 3rd floor and features two huge bedrooms and one bathroom. There is also a living room dining area for entertaining your book club or spinning records before heading out on the town.
Don’t miss the private deck overlooking the city. You do have a pretty gorgeous Space Needle view, which is icing on the cake! One last thing I would be remiss to not mention. This building also has a private pool. If Katy and I were shopping for our first home right now we would likely be looking at condos like this one. The price, location, AND condition are all fantastic. Don’t tell Kim but I think we found the trifecta.
What You Need to Consider When Shopping for a $600,000 Condo in Seattle
When shopping for a half-million-dollar condo in Seattle you have a lot to think about. Almost all of Seattle’s neighborhoods are going to have great options for you. Once you know which neighborhood to focus on, we can break it down further to tailor your wants block by block within each of those neighborhoods.
When we start the process, we want to pay attention to the big stuff like: How much space do you need? Studio, one, or two bedrooms? Is extra storage important? Do you need car parking? Do you want to live high in the air or be able to take the stairs to your unit? How much walkability is too much walkability? Once we narrow those down we can start to dig into the fun stuff like vibes of the building and amenities.
Just like Seattle’s neighborhoods, each condo building can have specific energy based on its age, style, maintenance, and health of the Home Owners Association. And let me tell you: the HOA can be a big part of condo ownership. I agree that it may be important for you to have a parking spot or in-unit laundry, but what can be even more important will be your Dues, Upcoming Special Assessments, and what kinds of pets are allowed by the HOA rules. As you start to shop your Team Diva Realtor can help you navigate the ins and outs of what to look for in a condo.
The HOA of this building is currently 65% funded. We love to see that. And a while ago they had a huge special assessment to re-clad the building which has been all paid off. Lucky you! The HOA is small but mighty. And that is exactly what a smart Diva Dweller looks for in a condo building.
What Home Can You Buy for Under $600,000 on Capitol Hill in Seattle? Let’s Take a 3D Tour
Team Diva takes every precaution, and then some, to make sure all of our homes are listed following all COVID precautions. It is our duty to ensure everyone’s safety as you enter one of our listings. You can also feel free to take a virtual tour from the comfort of your couch!
Curious to learn more about our latest safety precautions? Read “Team Diva’s COVID Safety Protocols for the Delta Variant” here!
What’s It Like to Live in Seattle’s Capitol Hill Neighborhood?
Now let’s talk about the real star, Capitol Hill. This area is my old stomping grounds and that’s no joke. I used to live about 6 blocks from here, and 10 blocks from here… and then 8 blocks from here… and I went to school at Seattle University 20 years ago this fall… Woof!
Anyway, some of my greatest hits for restaurants, bars, and coffee shops are The Lookout, Finch and Pine, Harry’s Fine Foods, Joe Bar, Bait Shop, Top Pot, Single Shot, Summit Ale House. And those are just the nearby ones. Right up the street is North Broadway. Head south to find all kinds of great food. If that doesn’t do it for you, then keep going to the light rail station to head downtown, the U District, or most other foodie neighborhoods for a change of pace. Let’s not forget that from here you can also head right down the hill to South Lake Union. This neighborhood really does have it all.
Check out some of the other great Capitol Hill homes we’ve sold:
- Capitol Hill Loft Condo
- Space Needle View Condo at the Plaza Del Sol
- Mid-Century Modern Remodeled Condo
- Classic Capitol Hill Home
- Chic 1920s Condo at the Bering
- Urban Living at the Meritage
- Modern Top Floor Corner Unit Condo
- Historic Urban Loft Living at the Trace
- Centrally Located Capitol Hill Townhome
Buying A Condo In Seattle: 4 Key Considerations
Have you bought a condo before? If not, you should get a little information specific to the process, as is not entirely the same as for a detached home. From identifying your goals to conducting the right inspection, we cover four points that are crucial when buying a condo in Seattle.
Be a Smart Condo Buyer Guide
- Identify Your Condo Must-Haves – Rentability, pets, parking, laundry, etc…
- Buy in the Best Building in the Best Neighborhood You Can Afford – You are buying into a community. The majority of condo buyers want location above all else. The Bering is literally in one of the nicest locations on Capitol Hill.
- Review the Homeowners Documents in Detail – This is extremely important for older buildings. As a community, everyone needs to pitch in and preserve the space.
- Do a Home Inspection. Obviously!
This is just a starting point, and we have so much more to share about the home buying process. Browse our Home Buyer page for a comprehensive home buying education.
What Home Can You Buy for Under $600,000 on Capitol Hill in Seattle? Thank You For Taking Our Tour To Find Out!
There you have it, a beautiful mid-century home in Capitol Hill Seattle for Under $600,000. You really can have it all with this cool mid-century condo in Mariner Condominiums! This Diva Dwelling is ready for entertaining, and it even has two huge bedrooms. Enjoy the private deck overlooking the city, and there’s even a pretty Space Needle view. Oh, and don’t forget the private pool. This cool mid-century home is also in a prime Capitol Hill area. The price, location, AND condition are all fantastic. It is the perfect trifecta.
All the Good Details
- Address: 747 Belmont Pl E #301A
- MLS# 1905133
- Square Footage: 890
- Bedrooms: 2
- Bathrooms: 1
- Offering Price: $550,000
Ready to tour this Cool Mid-Century Home? Contact us today so I can show you how this mid-century condo checks all of the boxes of what the classic Capitol Hill buyer is looking for!