Seattle Condo Authority Network • Belltown

Concord Condos

An established 206-unit Belltown mid-rise at 2929 1st Ave, built in 2000. 25+ years of HOA operating history, competitive pricing, and a prime location two blocks from Pike Place Market.

206Total Units
2000Year Built
13Stories
BelltownNeighborhood

Building Profile

Concord Condos at a Glance

Building NameConcord Condos
Address2929 1st Ave, Seattle, WA 98121
Year Built2000
Total Units206
Stories13
NeighborhoodBelltown, Seattle, WA
HOA Fees$500–$900/mo (est.)
Price Range$300K–$950K
Rental PolicyRental Cap
ParkingAssigned underground parking
Pet PolicyPets allowed (verify restrictions with HOA)
Building Websitecondosatconcord.com

About This Building

Concord Condos Overview

Concord Condos is a 206-unit condominium community at 2929 1st Ave in Belltown, completed in 2000. The 13-story building represents the first generation of purpose-built modern condominiums in Belltown and has developed into one of the neighborhood's best-established residential communities over its 25-year operating history.

The building's 206 residences include a range of floor plans from studios to two-bedroom units. Upper floors deliver views toward Elliott Bay, the Seattle skyline, and the surrounding Belltown neighborhood. The 1st Ave address places residents within two blocks of Pike Place Market and a short walk from the Seattle waterfront and Belltown dining.

Concord maintains a well-managed HOA with fully matured reserves after 25+ years of contributions. Common amenities include a fitness center, resident lounge, and secured underground parking. The building operates under a rental cap that supports owner-occupancy levels and long-term community stability.

For buyers entering the Belltown market, Concord Condos offers competitive pricing relative to newer construction, established building governance, and an excellent walkable location. The building's long operational history provides exceptional transparency for buyer due diligence. Jeff Reynolds tracks all Concord resales and can provide current inventory data, comparable sales, and HOA financial analysis.

Buyer Analysis

Buyer Considerations: Concord Condos

Concord is a 206-unit, 13-story Belltown building at 2929 1st Ave, built in 2000. With 25 years of HOA history and a north Belltown position near Seattle Center, Jeff Reynolds's assessment covers its durable advantages, cautions, and key buyer questions.

✓ Strength: 25 Years of HOA Track Record

Since 2000, Concord has built one of Belltown's longest condo HOA track records. Reserve contributions, assessments, and governance patterns are fully documented. Buyers can verify actual performance rather than relying on projections.

✓ Strength: North Belltown / Seattle Center Proximity

2929 1st Ave sits at the northern edge of Belltown, steps from Seattle Center, the Space Needle, KeyArena/Climate Pledge Arena, and the Olympic Sculpture Park. The neighborhood position offers strong walkability to both cultural venues and Belltown's restaurant corridor.

✓ Strength: 206-Unit Scale — Reliable Comparables

Enough transaction volume to generate consistent comparable sales data. Appraisals are reliable and the resale buyer pool is broad for a building of this vintage.

✓ Strength: 13-Story Height — Meaningful View Potential

Upper floors on 1st Ave have meaningful views of Elliott Bay, the Olympic Mountains, and the Seattle skyline. The building's height creates real view differentiation between floors.

△ Caution: 2000 Vintage Capital Exposure

25-year-old buildings are deep into major capital cycles. Request the reserve study before writing an offer—elevator replacement, roofing, and building envelope work are likely in the current planning horizon.

△ Caution: Rental Cap Status Unknown

Belltown buildings of this vintage vary widely in rental restrictions. Confirm current rental cap availability and any waitlist timeline before committing if flexibility matters.

✉ Reserve Fund Percent-Funded?

What is the current reserve percent-funded status and what major capital projects are scheduled in the next 5–10 years?

✉ Any Special Assessments in the Last 10 Years?

Have there been any significant special assessments? HOA meeting minutes will document the history and give buyers a clear picture of how the HOA manages capital needs.

Advisory

Who This Building Is Best For

Concord suits buyers who want a proven Belltown address at a value price point, particularly those drawn to the north Belltown location near Seattle Center.

Seattle Center and Cultural District Buyers

Climate Pledge Arena, Seattle Center, and the Space Needle are within a short walk. Buyers who attend NBA games, concerts, and Seattle Center events regularly find that Concord eliminates the logistics of getting to and from those venues. The cultural district access is a genuine daily-life advantage.

Value-Focused Belltown Buyers

At pricing well below Belltown's 2007–2024 construction, Concord delivers the Belltown address at a 2000-vintage discount. Buyers who run price-per-square-foot comparisons consistently find Concord at the more accessible end of Belltown's condo market.

Long-Term Holders

25 years of proven HOA governance and consistent resale activity make Concord a credible long-term hold. The building has traded through multiple full market cycles, and its resale demand has remained stable throughout.

Buyers Seeking Elliott Bay View Potential

Upper floors on 1st Ave can offer Elliott Bay and Olympic Mountain views. Buyers who want genuine views at Belltown pricing—rather than paying the premium of newer waterfront-adjacent towers—find that Concord's upper floors deliver.

Knowledge Base

Seattle Condo Buyer Guides

Before buying any Seattle condo, these guides answer the questions every buyer should resolve about HOA finances, financing eligibility, and closing requirements.

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Frequently Asked Questions

Concord Condos: Your Questions Answered

Where is Concord Condos located? +

Concord Condos is located at 2929 1st Ave, Seattle, WA 98121 in Belltown, two blocks north of Pike Place Market. The 13-story building is positioned within walking distance of the Seattle waterfront, the Seattle Art Museum, and Belltown's restaurant and nightlife district. Walk Score exceeds 95.

How many units does Concord Condos have? +

Concord Condos has 206 residential units across 13 floors, completed in 2000. Floor plans range from studios to two-bedroom residences. Upper floors deliver Elliott Bay and skyline views. With over 25 years of operating history, the building has a comprehensive resale record. Contact Jeff Reynolds for current inventory and recent comparable sales.

What year was Concord Condos built? +

Concord Condos was completed in 2000 as part of the first generation of modern purpose-built condominiums in Belltown. With 25+ years of HOA operation, reserve contributions are fully matured and the building's financial history is highly transparent. The 2000 vintage represents the beginning of Seattle's 2000–2009 condo development era.

What are HOA fees at Concord Condos? +

HOA fees at Concord Condos are estimated at $500 to $900 per month depending on unit size and floor. Fees cover building operations, fitness center, secured parking, and reserve fund contributions built up over 25+ years of operation. Contact Jeff Reynolds for the current fee schedule and HOA financial review before submitting an offer.

Does Concord Condos have a rental cap? +

Yes, Concord Condos operates under a rental cap policy. Buyers who plan to rent their unit should verify current rental availability with the HOA before purchase. The rental cap supports high owner-occupancy levels, which benefits community stability and long-term resale value. Jeff Reynolds can confirm the current rental cap status and available rental slots.

Your Belltown Condo Specialist

Jeff Reynolds

Jeff Reynolds is Seattle's leading specialist in urban condominiums, with deep expertise in Concord Condos and every building in the Seattle Condo Authority Network. If you're buying or selling at Concord Condos, Jeff has the data, the relationships, and the track record to represent you.

Jeff tracks every sale at Concord Condos, maintains HOA financial data, and knows which floor plans and view orientations hold value best. This depth of building-level knowledge is what separates a specialist from a generalist.

Jeff Reynolds • Seattle Condo Authority Network • jeff.reynolds@compass.com

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