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

Matt , Urbnlivn's publisher, has a love for lofts, floating homes and mid-century moderns.

For years Matt resisted becoming a real estate agent preferring to be an executive at Redfin but he recently caved in the spring of 2014 and became an agent. If you're interested in working with Matt, drop him a line at matt@urbnlivn.com. You can also find Matt on Twitter or skiing.

  • 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.