West Queen Anne Public School – Holy HOA Dues

Unit 407 at West Queen Anne Public School caught my eye this morning. For starters it is just a cool building. Secondly in the last three days no interesting units have hit the market… Anyhow, this unit is a 2-bed, 2-bath, 2-level home with vaulted ceilings making it more interesting than most units in the building. At $495,000 it isn’t cheap. Especially considering that the “pleasantly colorful kitchen” needs updating. But what really grabs you’re attention is the $1,059 a month in HOA dues. Wow.



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About Matt Goyer

I'm the publisher of Urbnlivn and a real estate agent. I love lofts, floating homes, new construction and mid-century moderns but will help you buy or sell just about anything.
Get in touch to:
• Understand the market
• See homes for sale
• Sell your home

Contact Matt matt@urbnlivn.com / 206-618-1600

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  • http://twitter.com/eashutterbug Elyssa Anne

    Any idea what in holy hockey sticks justifies that insane amount?

  • http://www.facebook.com/jhimschoot Jonathan Himschoot

    The West Queen Anne School leases the land it sits on via a long-term ground lease from the Schools Department. It was granted for an initial term of 99 years, is renewable for a second term of 99 years, and includes a purchase option that the homeowners may pursue at some point. Of the $1,059 in dues that #407 pays, about $405 are related to this ground lease (and a big chunk of that is tax deductible). The balance of the dues pay for water, sewer, garbage, earthquake insurance, landscaping, and basic cable.