The story
Unit #A13 at 110 Southwest 116th Street is a 1-bedroom, 1-bathroom, three-story condo in Seattle, WA, built in 1982. It carries a monthly HOA fee of $443. Highlights include a fireplace.
Massive price drop to $115,000! Rare opportunity to own an affordable West Seattle condo at a dramatically reduced price. The new price reflects the buyer assuming the $54,000 special assessment, currently payable at approximately $470/month over 10 years. The assessment is funding extensive improvements throughout the community, including new siding, roof, windows, parking improvements, electrical work, and more—with the project now nearing completion. This ground-floor 1-bedroom, 1-bath home offers a comfortable and functional layout with an inviting living space, cozy fireplace, covered private patio, and exterior storage. The thoughtfully designed bathroom provides added flexibility with a separate guest vanity and toilet area, plus private bedroom access to an additional vanity and tub/shower. The regular HOA dues are approximately $443/month and include water, sewer, and garbage. Enjoy ample community parking and a convenient location with easy access to Downtown Seattle, SeaTac Airport, shopping, dining, parks, transit, and everyday amenities. At just $115,000, this is a unique opportunity for a buyer willing to take on the assessment while benefiting from the extensive improvements being completed throughout the community. Minimum 20% down conventional financing required. Buyer to assume the special assessment. (Prefer not to assume the assessment? Seller is willing to pay the approximately $54,000 assessment in full at closing with a purchase price of $169,000.)
