Comparative Market Analysis
Rajesh Subramanian and Cheana Nimse
The Novak Team at REAL Brokerage
Summary of Comparable Properties
A ACTIVE LISTINGS
S SOLD LISTINGS
7301 5th Avenue NE 403
$600,000 2 Beds 2.00 Baths
ACTIVE 8/11/25
Details
Prop Type: Condominium
County: King
Area: 705 - Ballard/Greenlake
Subdivision: Green Lake
Style: 30 - Condo (1 Level)
Features
Appliances Included:
Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Building Complex Or Project: 7301 5th Ave Condominium
Common Property: Elevator, Fire Sprinklers, High Speed Int Avail, Lobby Entrance
Energy Source: Electric, Natural Gas
918 Sq. Ft. ($654 / sqft)
Year Built 1999 Days on market: 30
Full baths: 2.0
Lot Size (sqft):
Garages: 1
List date: 8/11/25
Updated: Aug 15, 2025 6:45 AM
List Price: $600,000
Orig list price: $600,000
Assoc Fee: $650
Taxes: $4,608
School District: Seattle
High: Roosevelt High
Middle: Eckstein Mid
Elementary: Green Lake
Exterior: Wood
Floor Covering: Ceramic Tile, Laminate Hardwood
Lot Details: Curbs, Paved Street, Sidewalk
Stories: 4
Occupant Name: Vacant
Occupant Type: Vacant
Parking Type: Common Garage
Possession: Closing
Potential Terms: Cash Out, Conventional
Power Company: Seattle City Light
Roof: Composition
Sewer Company: HOA
Sq Ft Source: KCR
Unit Features: Balcony/Deck/ Patio, End Unit, Insulated Windows, Primary Bath, Top Floor, Vaulted Ceilings, Walk-in Closet
View: Mountain, Territorial Water Company: HOA
Water Heater Location: Hall Closet
Water Heater Type: Gas
Remarks
Embrace the lifestyle. Top-floor, light-filled 2 bedroom, 2 bathroom Green Lake condo with vaulted ceilings, engineered hardwoods, and a spacious layout. Step out onto your private, oversized deck-perfect for relaxing, entertaining, or soaking in the view year-round. The updated kitchen features quartz countertops, white tile backsplash, and stainless steel appliances. The bright primary suite boasts a large walk-in closet and full bath; the second bedroom is ideal for guests or a home office. Secure garage parking, convenient storage unit, and city/mountain views. Only two blocks to Green Lake with all of its cafes, bistros, shops, and the scenic 2.8 mile loop trail. Urban living at its best!
Courtesy of Windermere Real Estate/East Information is deemed reliable but not guaranteed.
7301 5th Avenue NE 401
$584,950 2 Beds 1.75 Baths
ACTIVE 6/19/25
Details
Prop Type: Condominium
County: King
Area: 705 - Ballard/Greenlake
Subdivision: Green Lake
Style: 30 - Condo (1 Level)
Features
Appliances Included: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Building Complex Or Project: 7301 5th
Common Property: Elevator, Fire Sprinklers, High Speed Int Avail, Lobby Entrance
Effective Year Built Source: Public Records
Full baths: 1.0
3/4 Baths: 1.0
Lot Size (sqft):
Garages: 2
List date: 6/19/25
Energy Source: Electric, Natural Gas
Exterior: Wood
Floor Covering: Hardwood, Vinyl, Wall to Wall Carpet
Lot Details: Paved Street, Sidewalk
Stories: 4
Occupant Name: vacant
Occupant Type: Vacant
928 Sq. Ft. ($630 / sqft)
Year Built 1999 Days on market: 83
Updated: Jul 18, 2025 2:36 AM
List Price: $584,950
Orig list price: $599,950
Assoc Fee: $650
Taxes: $4,443
School District: Seattle
High: Buyer To Verify
Middle: Buyer To Verify
Elementary: Buyer To Verify
Parking Type: Common Garage
Possession: Closing
Potential Terms: Cash Out, Conventional, VA
Power Company: Seattle City Light
Roof: Composition
Sewer Company: incl in dues
Sq Ft Source: original building records
Unit Features: Balcony/Deck/ Patio, End Unit, Insulated Windows, Primary Bath, Sprinkler System, Top Floor, Vaulted Ceilings, Walk-in Closet
View: Lake, Territorial Water Company: incl in dues
Water Heater Location: laundry closet
Water Heater Type: electric
Remarks
Live steps from the heart of Green Lake in this top-floor corner unit featuring vaulted ceilings, a cozy gas fireplace (gas included in dues), and a private balcony perfect for morning coffee or evening relaxation. This 2 bed, 2 bath home offers unmatched access to trails, PCC, cafs, fitness studios, and top diningall just blocks away. Enjoy elevator access directly to your door, in-unit laundry, spacious closets, and ample storage. Includes two secure parking spaces and a large storage unit. A rare chance to own in one of Seattles most walkable, vibrant neighborhoods. Easy bus access to I-5, Hwy 99 and UW.
Courtesy of Windermere Real Estate/East Information is deemed reliable but not guaranteed.
$575,000 2 Beds 1.75 Baths
ACTIVE 6/25/25
Details
Prop Type: Condominium
County: King Area: 705 - Ballard/Greenlake
Subdivision: Ballard
Style: 30 - Condo (1 Level)
Features
Appliances Included: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Building Complex Or Project: Kalie Karin
Common Property: Elevator, Fire Sprinklers, High Speed Int Avail, Lobby Entrance
Full baths: 1.0
3/4 Baths: 1.0
Lot Size (sqft):
List date: 6/25/25
Updated: Aug 6, 2025 4:02 AM
Energy Source: Electric, Natural Gas
Exterior: Stucco
Floor Covering: Ceramic Tile, Vinyl Plank Stories: 3
Occupant Name: Vacant
Occupant Type: Vacant
Parking Type: Common Garage
939 Sq. Ft. ($612 / sqft)
Year Built 1996 Days on market: 77
List Price: $575,000
Orig list price: $585,000
Assoc Fee: $1,000
Taxes: $4,999
School District: Seattle
High: Buyer To Verify
Middle: Buyer To Verify
Elementary: Buyer To Verify
Possession: Closing
Potential Terms: Cash Out, Conventional
Power Company: Seattle City Light
Roof: Composition Sewer Company: HOA
Sq Ft Source: Realist-Buyer to verify
Unit Features: Alarm System, Balcony/Deck/Patio, End Unit, Jetted/Soaking Tub, Skylights, Sprinkler System, Top Floor, Vaulted Ceilings, Walk-in Closet
Water Company: HOA
Water Heater Location: Closet
Water Heater Type: Electric
Remarks
Welcome to your serene retreat in the heart of Ballard. This top-floor, end-unit condo offers the best of both worldssurrounded by greenery and natural light, yet just blocks from shops, restaurants, and amenities. The smart layout maximizes every square foot, creating a spacious feel that lives larger than expected with oversized bedrooms offering generous space and ample closets. Upgrades less than 1 year old include LVP flooring throughout, water heater, smart thermostats, and a video doorbell for secure building access. Includes 2 tandem parking spots and storage in the secure garage. Dont miss this opportunity to live in a bright, airy sanctuary just moments from the best of Ballard.
Courtesy of Redfin Information is deemed reliable but not guaranteed.
$525,000 2 Beds 1.75 Baths
ACTIVE 6/7/25
Details
Prop Type: Condominium
County: King
Area: 705 - Ballard/Greenlake
Subdivision: Ballard Style: 30 - Condo (1 Level)
Features
Appliances Included:
Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s) Architecture: Contemporary
Building Complex Or Project: Ballard Arms
Common Property: Cable TV, Fire Sprinklers, Garden Space, Lobby Entrance
Energy Source: Electric, Ground Source, Natural Gas
Full baths: 1.0
3/4 Baths: 1.0
Lot Size (sqft): Garages: 2
List date: 6/7/25
Exterior: Metal/Vinyl
Floor Covering: Wall to Wall Carpet
Leased Equipment: none
Lot Details: Curbs, Paved Street, Sidewalk Stories: 3
Occupant Name: Vacant
Occupant Type: Vacant
Parking Type: Common Garage
931 Sq. Ft. ($564 / sqft)
Year Built 1993 Days on market: 95
Updated: Aug 22, 2025 2:44 AM
List Price: $525,000
Orig list price: $525,000
Assoc Fee: $440
Taxes: $678
School District: Seattle High: Ballard High
Middle: Whitman Mid Elementary: Buyer To Verify
Possession: Closing
Potential Terms: Cash Out, Conventional
Power Company: SeaCityLt/ PSE
Roof: Composition
Sewer Company: Seattle Public Utilities
Sq Ft Source: KCR
Unit Features: Balcony/Deck/ Patio, End Unit, Insulated Windows, Primary Bath, Sprinkler System, Walk-in Closet, Yard
View: Territorial
Water Company: Seattle Public Utilities
Water Heater Location: Primary bedroom closet
Water Heater Type: Electric
Remarks
A a rare unit with two dedicated parking spaces! 2nd space ideal for smaller car or scooter. And the most dramatic sunsets facing West! This light filled & spacious condo is only blocks from Market St and historic Ballard Ave, providing easy access to all Ballard has to offer while still being located on a quiet residential street. This 2 bed/1.75 bath layout has just been fully re-carpeted and re-painted and comes complete with an in unit washer & dryer off kitchen dining area, open living room/great room concept, large balcony, and private storage space in garage, making this a must see! Parking spaces in secured garage. There is a fenced garden/BBQ area on back of bldg. Up to 2 cats, dogs only w/board appr. no dogs. Rent cap of 2 met.
Courtesy of COMPASS Information is deemed reliable but not guaranteed.
8750 Greenwood Avenue N S306
MLS
$605,000 2 Beds 1.75 Baths 1,179 Sq. Ft. ($513 / sqft)
SOLD 6/23/25
Details
Prop Type: Condominium
County: King
Area: 705 - Ballard/Greenlake
Subdivision: Greenwood
Style: 30 - Condo (1 Level)
Full baths: 1.0
Features
Appliances Included:
Dishwasher(s), Dryer(s), Garbage Disposal, Refrigerator(s), Stove(s)/Range(s), Washer(s)
Architecture: Contemporary
Building Complex Or Project: Westview at Greenwood
Common Property: Elevator, Fire Sprinklers, Gated Entry, Lobby Entrance
3/4 Baths: 1.0
Acres: 0.7277172000000001
Lot Size (sqft): 31,695
Garages: 1
List date: 6/5/25
Sold date: 6/23/25
Effective Year Built Source: Public Records
Energy Source: Electric, Natural Gas
Exterior: Brick, Cement/ Concrete, Metal/Vinyl, Wood Products
Financing: Cash
Floor Covering: Vinyl Plank, Wall to Wall Carpet Stories: 5
Year Built 1998 Days on market: 2
Off-market date: 6/23/25
Updated: Jul 23, 2025 9:00 PM
List Price: $589,000
Orig list price: $589,000
Assoc Fee: $605
Taxes: $4,362
School District: Seattle
High: Ingraham High
Middle: Robert Eagle Staff Middle School
Elementary: Greenwood
Occupant Name: Vacant/ Staged
Occupant Type: Vacant
Parking Type: Common Garage
Possession: Closing
Potential Terms: Cash Out, Conventional Roof: Torch Down Sq Ft Source: 1, 179
Unit Features: Balcony/Deck/ Patio, Primary Bath, Sprinkler System, Walk-in Closet
View: Territorial
Water Heater Location: In unit laundry room
Water Heater Type: Electric
Remarks
Welcome to this updated and remodeled 2-bed 2-bath home with A/C in the heart of Greenwood! West facing, spacious living and the perfect balance of comfort, style and functionality. Mini splits in each room for desired temp. Large primary suite with walk-in closet. Laundry room w/ample space for folding & storage. Kitchen features quartz counters, newer appliances, pantry and large island with eating bar. Wide plank vinyl floors, fresh paint and new smart strand carpet in bedrooms. Cozy gas fireplace and covered roomy private deck. Large storage unit. Secure and dedicated parking space and secure building with well maintained HOA. Close to cafes, dining, parks and new Trader Joes next door. Easy access to all the fun Greenwood has to offer.
Courtesy of Windermere Real Estate Co. Information is deemed reliable but not guaranteed.
$545,000 2 Beds 2.50 Baths 1,191 Sq. Ft. ($458 / sqft)
SOLD 6/27/25
Details
Prop Type: Condominium
County: King
Area: 705 - Ballard/Greenlake
Subdivision: Ballard
Style: 31 - Condo (2 Levels)
Full baths: 2.0
Features
Appliances Included:
Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Architecture: See Remarks
Building Complex Or Project: Sterling Place
Common Property: Garden Space, Lobby Entrance, Rooftop Deck
Energy Source: Electric
Half baths: 1.0
Lot Size (sqft):
Garages: 1
List date: 5/1/25
Sold date: 6/27/25
Off-market date: 6/27/25
Year Built 1986 Days on market: 17
Updated: Jul 27, 2025 9:00 PM
List Price: $565,000
Orig list price: $565,000
Assoc Fee: $684
Taxes: $5,326
School District: Seattle
High: Buyer To Verify
Middle: Buyer To Verify
Elementary: Buyer To Verify
Exterior: Stucco
Financing: Conventional
Floor Covering: Laminate
Hardwood, Vinyl, Wall to Wall Carpet
Lot Details: Curbs, Sidewalk
Stories: 4
Occupant Name: Vacant
Occupant Type: Vacant
Parking Type: Common Garage
Possession: Closing
Potential Terms: Cash Out, Conventional
Power Company: Seattle City Light
Roof: Composition, Flat
Sewer Company: Seattle Public Utilities
Sq Ft Source: Realist - Buyer to Verify
Unit Features: Balcony/Deck/ Patio, Primary Bath, Top Floor
Water Company: Seattle Public Utilities
Water Heater Location: Laundry Closet
Water Heater Type: Electric
Remarks
Pre-inspected, move-in ready, and offering a $5K seller creditthis Ballard condo is the perfect blend of comfort and convenience! Featuring 2 bedrooms, 2.5 baths, and modern updates like new quartz countertops, a stainless steel sink, and fresh tile flooring in the baths, this home is designed for effortless living. Relax on your private rooftop deck or explore the vibrant neighborhoodFarmers Market, Brewery District, and Town & Country Market are all within 0.5 miles. Park in the secure garage and enjoy the perks of a pet-friendly, 10-unit complex that lives like a townhouse. With an easy-going, self-managed HOA, the building fosters a welcoming and relaxed atmosphere, ensuring peace of mind for years to come.
Courtesy of Redfin Information is deemed reliable but not guaranteed.
$515,000 2 Beds 1.75 Baths
SOLD 12/9/24
Details
Prop Type: Condominium
County: King
Area: 705 - Ballard/Greenlake
Subdivision: Greenwood
Style: 30 - Condo (1 Level)
Full baths: 1.0
Features
Appliances Included: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Building Complex Or Project: Sapphire
Common Property: Clubhouse, Elevator, Exercise Room, Fire Sprinklers, Game/ Rec Rm, Garden Space, Gated Entry, Lobby Entrance, Rooftop Deck, Security Gate
925 Sq. Ft. ($557 / sqft)
Year Built 2006 Days on market: 8
3/4 Baths: 1.0
Lot Size (sqft):
Garages: 2
List date: 10/31/24
Sold date: 12/9/24
Off-market date: 12/9/24
Updated: Jan 8, 2025 8:00 PM
List Price: $515,000
Orig list price: $515,000
Assoc Fee: $473
Taxes: $4,609
School District: Seattle
High: Ingraham High
Middle: Robert Eagle Staff
Middle School
Elementary: Greenwood
Effective Year Built Source: Public Records
Energy Source: Electric
Exterior: Brick, Cement Planked, Wood
Financing: Conventional
Floor Covering: Ceramic Tile, Engineered Hardwood, Wall to Wall Carpet
Lot Details: Curbs, Paved Street, Sidewalk Stories: 4
Occupant Name: Vacant
Occupant Type: Vacant
Parking Type: Common Garage
Possession: Closing
Potential Terms: Cash Out, Conventional, FHA, VA
Roof: Flat
Sq Ft Source: KCR
Unit Features: Insulated Windows, Primary Bath, Top Floor, Walk-in Closet
View: Territorial
Water Heater Location: Front Closet
Water Heater Type: Electric
Remarks
Welcome to this spacious top-floor, North facing unit in the modern Sapphire building. Located in the heart of Greenwood, enjoy easy access to amazing bars, restaurants, & grocery stores. Combining modern living w/ comfort and convenience, this unit features a large primary suite w/ walk-in closet & attached bath. Beautiful kitchen equipped w/ granite countertops, stainless steel appliances & bar seating perfect for entertaining. The bright living room boasts a cozy fireplace & impressive mantle. Large second bedroom & full bath, in-unit washer & dryer. Benefit from onsite amenities including fitness center, pet area & large outdoor deck. Secured garage w/ tandem parking for two. Fresh paint and carpet make this home truly move-in ready!
Courtesy of Windermere RE Greenwood Information is deemed reliable but not guaranteed.
8750 Greenwood Avenue N S-207
Seattle, WA 98103
MLS #2429294
$545,000 2 Beds 1.75 Baths 1,134 Sq. Ft. ($481 / sqft)
ACTIVE 9/4/25
Details
Prop Type: Condominium
County: King
Area: 705 - Ballard/Greenlake
Subdivision: Greenwood
Features
Appliances Included: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Building Complex Or Project: Westview
Common Property: Elevator, Fire Sprinklers, Lobby Entrance
Energy Source: Electric, Natural Gas
Remarks
Style: 30 - Condo (1 Level)
Full baths: 1.0
3/4 Baths: 1.0
Lot Size (sqft):
Exterior: Brick, Cement/ Concrete, Metal/Vinyl
Floor Covering: Ceramic Tile, Engineered Hardwood, Wall to Wall Carpet
Lot Details: Curbs, Paved Street, Sidewalk
Stories: 5
Occupant Name: vacant
Occupant Type: Vacant
Year Built 1998 Days on market: 6
Garages: 1
List date: 9/4/25
Updated: Sep 5, 2025 1:59 AM
List Price: $545,000
Orig list price: $545,000
Assoc Fee: $579
Taxes: $4,033
School District: Seattle
Parking Type: Common Garage
Possession: Closing
Potential Terms: Cash Out, Conventional Roof: Flat
Sq Ft Source: realist
Unit Features: Alarm System, Balcony/Deck/Patio, Insulated Windows, Primary Bath, Sprinkler System, Walk-in Closet
Water Heater Location: utility room
Water Heater Type: electric
Attractive home in the heart of Greenwood! Spacious 2 bedroom / 2 bath floorplan for comfortable living, quietly tucked in the
NE corner of the building, away from street activity. Ample-sized bedrooms including a primary with ensuite bath and walk-in closet. Brand new carpet and paint, ready for move-in. Warm-toned engineered hardwoods in the main areas, including a dining space. Gas fireplace makes it cozy! Stainless kitchen appliances and lots of kitchen cabinet space. In-unit laundry with extra room for storage. Private outdoor patio space right off the dining area. Dedicated, secure parking spot and additional secure storage on the main level. Fabulous location with transit, restaurants, pubs and Trader Joe's immediately nearby!
Courtesy of Windermere RE Greenwood Information is deemed reliable but not guaranteed.
The Novak Team at REAL Brokerage
Intelligent Pricing and Timing
Pricing a home for sale is as much art as science, but there are a few truisms that never change.
• Fair market value attracts buyers, overpricing never does.
• The first two weeks of marketing are crucial.
• The market never lies, but it can change its mind.
Fair market value is what a willing buyer and a willing seller agree by contract is a fair price for the home. Values can be impacted by a wide range of reasons, but the two biggest are location and condition. Generally, fair market value can be estimated by considering the comparables - other similar homes that have sold or are currently for sale in the same area.
Sellers often view their homes as special, which tempts them to put a higher price on it, believing they can always come down later, but that's a serious mistake.
Overpricing prevents the very buyers who are eligible to buy the home from ever seeing it. Most buyers shop by price range and look for the best value in that range.
Intelligent Pricing and Timing
Your best chance of selling your home is in the first two weeks of marketing. Your home is fresh and exciting to buyers and to their agents.
With a sign in the yard, full description and photos in the local Multiple Listing Service, distribution across the Internet, open houses, broker's caravan, ads, and email blasts to your listing agent's buyers, your home will get the greatest flurry of attention and interest in the first two weeks.
If you don't get many showings or offers, you've probably overpriced your home, and it's not comparing well to the competition. Since you can't change the location, you'll have to either improve the home's condition or lower the price.
Consult with your agent and ask for feedback. Perhaps you can do a little more to spruce up your home's curb appeal, or perhaps stage the interior to better advantage.
The market can always change its mind and give your home another chance, but by then you've lost precious time and perhaps allowed a stigma to cloud your home's value.
Intelligent pricing isn't about getting the most for your home - it's about getting your home sold quickly at fair market value.