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5450 Leary Avenue NW #242, Seattle, WA, 98107

1beds
1baths
531sqft
$339,997
$640price/sqft
$2,179/moest. monthly cost
$87,160/yrincome needed

About This Home

Experience the best of Ballard living in this bright and stylish junior one-bedroom at Canal Station with secure parking and storage unit!! Thoughtfully designed, the open-concept layout maximizes space and comfort, highlighted by large windows, a cozy fireplace, and a private patio that creates a seamless indoor-outdoor feel—ideal for relaxing or entertaining. The kitchen blends function and style with granite countertops, stainless steel appliances (RANGE, REFRIGERATOR, MICROWAVE & DISHWASHER), shaker cabinetry, and a convenient breakfast bar. A dedicated sleeping alcove, spacious walk-in closet, and full bath offer practical living, while the in-unit washer and dryer provide everyday ease. Residents enjoy an array of sought-after amenities including a full-time concierge, well-equipped fitness center, sauna, hot tub, outdoor BBQ area & clubhouse.With no rental cap & a 90-day minimum lease, this property offers excellent flexibility for homeowners, investors, or those seeking a city retreat. Located in one of Seattle’s most vibrant neighborhoods, you’re just moments from popular coffee shops, acclaimed restaurants, boutique shopping, live entertainment, and the Sunday Ballard Farmers Market. Nearby highlights include the Nordic Museum, Ballard Locks, and Golden Gardens for scenic waterfront experiences. Professionally managed with strong HOA and outstanding walkability, this move-in ready home delivers comfort, convenience & a true urban lifestyle.

Getting Around

97
WalkingWalker's Paradise
53
TransitGood Transit
93
BikeBiker's Paradise

Schools

9/10
Adams Elementary SchoolGrades K-50.5 mi
8/10
Whitman Middle SchoolGrades 6-82.0 mi
10/10
Ballard High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 2007

Materials

  • Roof: Flat,Torch Down
  • Construction materials: Brick,Cement/Concrete,Wood Products

Type & Style

  • Home type: Condo
  • Architectural style: Condo (1 Level)
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Refrigerator,Stove(s)/Range(s),Dishwasher(s),Microwave(s),Refrigerator(s)

Bathroom Full

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Dining Room

  • Level: Main

Entry Hall

  • Level: Main

Family Room

  • Level: Main

Features

  • Flooring: Vinyl Plank
  • Number of fireplaces: 1
  • Fireplace features: Electric,Main Level: 1,Fireplace
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Fireplace,Wall Furnace,Electric
  • Cooling features: None

Interior Area

  • Total structure area: 531
  • Total interior livable area: 531 sqft

Kitchen Without Eating Space

  • Level: Main

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 1327150070
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: Main
  • Patio & porch: Fireplace
  • Spa features: Community

Lot

  • Features: Curbs,Paved,Secluded

Parking

  • Parking features: Common Garage
  • Has garage: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Heat Wave

FEMA Declared Disasters in King County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,719$20,628
Home Insurance *$45$540
Property Taxes $266$3,192
Electricity $149$1,793
Total$2,179$26,148
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$74,708/yr
40% on housing$65,370/yr
45% on housing$58,106/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$640This listing

vs Other Active Listings

Avg $/sqft

ZIP 98107$386
King County$442

vs Homes Sold Last Month

Median $/sqft

ZIP 98107$597
King County$485

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-07Price change$369,497
2026-04-24Price change$372,497
2026-04-01Listed for sale$374,997
2026-01-09Sold$250,000
2008-10-22Sold$224,950

For Sale by Agent

AgentLorna Murray
BrokerageRE/MAX Equity Group

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