Why pay premium pricing for someone else’s remodel when you can create your own downtown Seattle retreat in one of the city’s most walkable neighborhoods? Welcome to Arbor Place Tower #505, an east-facing corner residence in the heart of Belltown near the waterfront, Pike Place Market, Olympic Sculpture Park, Seattle Center, dining, nightlife, coffee shops, and major downtown employers. This spacious 2-bedroom, 1.75-bath home offers over 1,090 sq. ft. with excellent natural light, a functional layout, in-unit laundry, secure garage parking, and additional storage. The interior reflects long-term ownership and presents a rare opportunity for buyers who recognize the value of personalization and future equity potential. Instead of paying inflated pricing for a remodeled condo with someone else’s design choices, this home gives you the freedom to select your own flooring, finishes, colors, and style while creating a space tailored to your vision. The clean slate has already been completed, thus buyers can focus on the layout, light, and possibilities this home offers. Amenities include 24-hour concierge service, secure access, rooftop deck with sweeping city views, indoor pool, sauna, fitness center, and strong HOA management. FHA approved with no rental cap provides flexibility for owner-occupants, investors, or part-time city residents seeking a prime in-city location. A rare opportunity to create value and design your ideal urban residence in vibrant downtown Seattle.
Active
Listed by: KW Greater Seattle • Bruce Johnston
$500,000
121 Vine Street #505, Seattle, WA 98121
2beds
1,091sqft
Condominium
Built in 1989
-- sqft lot
$489,800 Zestimate®
$458/sqft
$1,381/mo HOA
What's special
East-facing corner residenceIndoor poolExcellent natural lightSecure garage parkingIn-unit laundryFunctional layoutAdditional storage
- 51 days
- 423
- 12
Zillow last checked:
Listing updated:
Listed by:
Bruce Johnston,
KW Greater Seattle
Source: NWMLS as distributed by MLS GRID,MLS#: 2551814
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 2
Dining room
- Level: Main
Entry hall
- Level: Main
Kitchen without eating space
- Level: Main
Heating
- Baseboard, Electric
Cooling
- Wall Unit(s)
Appliances
- Included: Dishwasher, Dryer, Microwave, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Microwave(s), Washer(s), Water Heater: Electric, Water Heater Location: Utility Closet, Cooking - Electric Hookup, Cooking-Electric, Dryer-Electric
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Flooring: Laminate, Vinyl, Carpet
- Windows: Insulated Windows
- Has fireplace: No
Interior area
- Total structure area: 1,091
- Total interior livable area: 1,091 sqft
Property
Parking
- Parking features: Common Garage
- Has garage: Yes
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Cooking-Electric, Dryer-Electric, End Unit, Insulated Windows, Primary Bathroom, Washer, Water Heater
- Has view: Yes
- View description: City, Territorial
Lot
- Features: Corner Lot, Paved, Sidewalk
Details
- Parcel number: 0254800210
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Contemporary,Condo (1 Level)
- Property subtype: Condominium
Materials
- Cement/Concrete
- Roof: Flat
Condition
- Year built: 1989
Utilities & green energy
- Electric: Company: Seattle City Light
- Sewer: Company: Seattle Public Utilities
- Water: Company: Seattle Public Utilities
- Utilities for property: Xfinity, Xfinity
Green energy
- Energy efficient items: Insulated Windows
Community & HOA
Community
- Features: Cable TV, Clubhouse, Elevator, Fitness Center, Game/Rec Rm, Lobby Entrance, Indoor Pool, Rooftop Deck, Sauna
- Security: Security Service, Fire Sprinkler System
- Subdivision: Belltown
HOA
- Services included: Common Area Maintenance, Concierge, Security, Sewer, Water
- HOA fee: $1,381 monthly
Location
- Region: Seattle
Financial & listing details
- Price per square foot: $458/sqft
- Tax assessed value: $456,000
- Annual tax amount: $4,671
- Date on market: 3/16/2026
- Cumulative days on market: 167 days
- Listing terms: Conventional,FHA
- Inclusions: Dishwasher(s), Dryer(s), Microwave(s), Stove(s)/Range(s), Washer(s)
Estimated market value
$489,800
$465,000 - $514,000
$3,580/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/9/2026 | Listed for sale | $500,000+250.6%$458/sqft |
Source:  NWMLS as distributed by MLS GRID #2551814 Report a problem | ||
| 5/15/1995 | Sold | $142,600$131/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,570 -1% | $456,000 -8.2% |
| 2024 | $4,617 -6.1% | $497,000 -7.6% |
| 2023 | $4,916 +20% | $538,000 +7.8% |
| 2022 | $4,095 -3.1% | $499,000 +5.3% |
| 2021 | $4,226 -9.4% | $474,000 -4.6% |
| 2020 | $4,667 -8.6% | $497,000 -9.5% |
| 2019 | $5,104 +9.6% | $549,000 -1.6% |
| 2018 | $4,657 +2.1% | $558,000 +17.7% |
| 2017 | $4,563 +24% | $474,000 +11.5% |
| 2016 | $3,680 | $425,000 +12.1% |
| 2015 | $3,680 | $379,000 -3.8% |
| 2014 | $3,680 | $394,000 +15.9% |
| 2013 | $3,680 | $340,000 +16.4% |
| 2012 | -- | $292,000 +2.5% |
| 2011 | -- | $285,000 -28.6% |
| 2010 | -- | $399,000 |
| 2009 | -- | $399,000 +7% |
| 2007 | -- | $373,000 +8.7% |
| 2006 | -- | $343,000 +4.3% |
| 2005 | -- | $329,000 +48.9% |
| 2001 | $2,540 +10.6% | $220,900 +17.6% |
| 2000 | $2,297 | $187,900 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Belltown
Nearby schools
Schools provided by the listing agent
- Elementary: Lowell
- Middle: Meany Mid
- High: Garfield High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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