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← Back to search results/Seattle, WA/150 Melrose Avenue E #504
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Listed by Jalen Holmes • J2 Group.
FOR SALE

$485,000

Est. $2,686/mo

Price reduced $30,000 from the original $515,000 asking price

2 bd•1.5 ba•1,023 sq ft

150 Melrose Avenue E #504, Seattle, WA 98102

• Listed Aug 1, 2026•82 days active · 82 cumulative

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★★★★★5.0·1,244 Google reviews

Listing Broker: J2 Group; Jalen Holmes; 269-369-2235; jholmes@j2groupnw.com

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Listing Broker: J2 Group; Jalen Holmes; 269-369-2235; jholmes@j2groupnw.com

About this home

Updated price delivering incredible $/sq ft value!! Rare A/C and no rental cap in this bright, west-facing 5th-floor Capitol Hill 2BD/1.5BA with Olympic Mountain, Sound, and city views from the living room, dining room, and kitchen. Both bedrooms have true windows and closets, primary with walk-in. Gas fireplace, updated kitchen, in-unit W/D, brand new flooring in kitchen and dining, freshly painted throughout. Secured lobby, package room, large private storage, and one secured covered garage space. Mostly owner-occupied. Pets OK. Steps to Analog Coffee, Harry's Fine Foods, Cornelly, and Carmelo's Tacos. One minute to the bus, 5-7 to QFC, 8-10 to Capitol Hill Light Rail (direct to SeaTac), 12-15 walk to South Lake Union tech campuses, 20 to Pike Place. Investors: no rental cap, est. $3,300/mo against $637 HOA. Turnkey and move-in ready.

Property type
Condo
Year built
1978
Interior
1,023 sq ft
Lot size
0.0235 acres
Parking
Common Garage
Price / sq ft
$474
HeatingBaseboard
CoolingWindow Unit(s)
Property taxes$4,416/yr (est.)
HOA dues$637/mo
School districtSeattle

Listed by Jalen Holmes • J2 Group

Listing updated: October 6, 2026 at 05:27pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2560345

Around this home

RexMont OfferEdge™

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150 Melrose Avenue E #504, Seattle, WA 98102

List price
$485,000
Down payment
$97,000

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Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.

Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.

Property details

Interior features

  • Cooking-Electric
  • Dryer-Electric
  • Fireplace
  • Insulated Windows
  • Walk-In Closet(s)
  • Washer
  • Water Heater
  • Fireplace (gas)

Kitchen

  • Dishwasher
  • Disposal
  • Dryer
  • Microwave
  • Refrigerator
  • Stove(s)/Range(s)
  • Washer

Bedrooms

  • 2 bedrooms total
  • 2 on the main level

Bathrooms

  • 1 full bathroom
  • 1 half bathroom
  • 1.5 bathrooms total (NWMLS count)
  • 2 on the main level

Layout

  • Condo (1 Level)

Laundry

  • Electric Dryer Hookup laundry
  • Washer Hookup laundry

Flooring

  • Laminate
  • Carpet

Heating & cooling

  • Baseboard heating
  • Window Unit(s) cooling

Schools

Ratings via SchoolDigger

Seattle School District

Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.

Condominium facts

As entered by the listing broker on Northwest MLS

Building & HOA

Building
Melrose East Condominium
Floor of unit
5
Units in building
43
Stories in building
5
FHA-approved project
No
Co-op
No
Common interest community
Yes
HOA dues
$637
Dues frequency
Monthly
Dues include
Common Area Maintenance, Sewer, Trash, Water
Special assessment
false
Association contact
Cathie Koll, Association Manager
First right of refusal
No

Rules

Rental cap
No Rental Cap
Short-term rentals allowed
No
Pets
Subject to Restrictions
55+ community
No

Unit

Assigned parking
1
Parking space numbers
8
Storage location
5th Floor, near elevator
Storage number
504
Unit features
Insulated Windows,Walk-in Closet
Common property features
Cable TV,Elevator,Fire Sprinklers,Gated Entry,High Speed Int Avail,Lobby Entrance,Outside Entry,Security Gate
Entry location
Main
Laundry
Electric Dryer Hookup, Washer Hookup

Systems

Energy source
Electric
Power production
Electric
Water heater
Electric
Water heater location
Laundry Area
Power company
Seattle City Light
Water company
HOA
Sewer company
HOA
Gas company
PSE
Garbage service
HOA
Irrigation water rights
No
Internet connected
Xfinity
Cable connected
Xfinity

Green & certifications

Energy-efficient features
Insulated Windows

Rooms & extras

Showers
1
Fireplaces on main
1

New construction

Square footage source
Public Records
Lot size source
Public Records
Effective year built source
Public Records

Neighborhood mobility

Doorstep, Pedal & Station Scores

Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.

Ground Truth™

The ground, the slope, the flood zone and the noise at this address

Read from public hazard, flood, terrain and noise maps for this exact home.

Address Insider™

The members' report

Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.

Members

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Sales & Tax Records for 150 Melrose Avenue E #504

NWMLS via MLS Grid · King County Assessor

Every listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.

  1. Oct 7, 2026
    Price reduced
    NWMLS via MLS Grid · #2560345
    $485,000
    $474/sq ft
  2. Jul 31, 2026
    Listed
    NWMLS via MLS Grid · #2560345
    $515,000
    $503/sq ft
  3. May 26, 2022
    Sold
    NWMLS via MLS Grid · #1941838
    $535,000
    $523/sq ft
  4. May 26, 2022
    Listed
    NWMLS via MLS Grid · #1941838
    $535,000
    $523/sq ft
  5. Jun 10, 2016
    Sold
    NWMLS via MLS Grid · #918442
    $410,000
    $401/sq ft
  6. May 13, 2016
    Pending
    NWMLS via MLS Grid · #918442
    $410,000
    $401/sq ft

Down payment assistance

7 programs may be available to provide you with up to $110,000 in down payment assistance, depending on your specific information.

Northwest MLS lists this home as eligible for down payment assistance programs

Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.

Mortgage payment forecast

$3,812 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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Source: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.

Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

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Listing Broker: J2 Group; Jalen Holmes; 269-369-2235; jholmes@j2groupnw.com

Market pulse

Seattle is a buyer's market.

Inventory is rising and homes are sitting longer. Buyers have room to negotiate.

Buyer's marketSeller's market
  • Offer insight: Homes typically sell with one offer near asking price.

  • List to sale price: The average home sells for about 1% below list price.

  • Time on market: The average home goes pending in around 63 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $525,000 Sold

    1 day ago

    1 bd•1.5 ba•Condo

    530 Broadway E #236, Seattle, WA 98102

    4%

    Under list

    55

    Days on market

    0.4 mi

    Distance

  • $2,225,000 Sold

    1 week ago

    2 bd•2.5 ba•Condo

    1188 Harvard Avenue E #4, Seattle, WA 98102

    3%

    Under list

    139

    Days on market

    0.7 mi

    Distance

  • $484,000 Sold

    1 week ago

    2 bd•1.75 ba•Condo

    232 Belmont Avenue E #301, Seattle, WA 98102

    1%

    Under list

    61

    Days on market

    0.2 mi

    Distance

  • $575,000 Sold

    3 weeks ago

    2 bd•1 ba•Condo

    525 Belmont Avenue E #7A, Seattle, WA 98102

    4%

    Under list

    84

    Days on market

    0.3 mi

    Distance

  • $369,950 Sold

    4 weeks ago

    1 bd•1 ba•Condo

    525 Belmont Avenue E #6C, Seattle, WA 98102

    0%

    Over list

    42

    Days on market

    0.3 mi

    Distance

Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.

Want a deeper read on this market?

Ask a RexMont agent

Market data from MLS GRID / NWMLS · Updated Oct 2026

Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of October 21, 2026 at 2:34 AM PT (date and time MLS GRID Data was obtained). 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.

Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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© 2026 Northwest Multiple Listing Service. All rights reserved.

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