Greenlake On A Perfect Seattle Summer Day

Greenlake Seattle

I went for a run around Greenlake yesterday and for a moment I thought I was in Central Park in New York. The park was packed. Runners, bikers, roller blades, sun-bathers, swimmers, BBQ's, parties and more.  It was fun to see so many people taking advantage of a perfect Seattle summer day. As far as condos go, there are not a lot of great options near the lake. That doesn't … [Read more...]

Downtown Bellevue Rental, 2 Blocks From Bellevue Square

1200 Bellevue Way

If you are looking for vertical living in Downtown Bellevue, you might check this place out.  The project is refered to as 1200 Bellevue.  They are zero lot-line homes, built in 2007.  I've been in a number of these units and they are a great alternative to a condo rental.  This particular unit (#106) has 2 bedrooms, 1.75 baths and is 1,575sf.  It features granite counters, … [Read more...]

This Home Sold In Less Than 24 Hours

Madison Valley Mod

Could this house be a sign of an improving market?  Back in June 2009 it was listed for $625,000 and sold for $630,000.  It was listed again this week on Monday (July 25th) for $697,000 and the status was changed to pending just one day later.  Do you think it sold for more then the asking price?  My answer would be, yes. We can't make assumptions about an entire market on … [Read more...]

Bank Owned Eastlake Townhomes Headed To Auction

Craftsman style townhomes located in super popular Eastlake.

Have you seen these townhomes in Eastlake?  As some of you may know, they came back on the market as banked owned over the last 30 days (Sterlings Saving Bank). Recently Kennedy Wilson Announced that 8 of them would be going to auction.  So they are now a part of a 46 property auction on August 7th in Seattle.  I spoke with a representative today and it sounds like they may … [Read more...]

HUGE Views, 3 Bedroom At The Continental Place Condos

View_Twilight

I was just on my way out to dinner, when I noticed this 3 bedroom that came on the market. I couldn't resist posting it.  What a view. #2504 is a rare 3 bedroom 2.5 at the Continental.  It has 1,924 sf of living space.  It also comes with 3 private terraces, 2 master suites and a major kitchen and bathroom renovation. The amenities offered at the Continental include, 24 hour … [Read more...]

Bank Owned Condo At The Parc, 41% Lower Then The 2007 Sale Price

The Parc Exterior

  Looking for a good deal this weekend?  Check out this bank owned 1 bedroom at the Parc.  It doesn't have a view, but it is pretty tough to beat at $255 per square foot. In September of 2007, this unit sold for $399,000.  Now at $234,400 this Fannie Mae owned resale is selling at 41% less then the last market sale price.  I've sold this same floor-plate on a lower … [Read more...]

1521 Penthouse, Back on the Market

1521_Private_Sky_Terrace_Hot_tub

Remember this penthouse at 1521?   Well, its back on the market.  Listed at $4,399,000.  It is hard not to love when you have nearly 2,800 sq. ft on the top floor of one of Seattle's most luxurious condo towers. You may recall our post on Seattlite a few months ago featuring this home as well.  Check it out! … [Read more...]

Top Floor Unit At Veer Lofts, On The Market

Veer Interiors

At top floor unit at Veer Lofts just hit the market tonight.  It's priced at $419,950 (see the listing here).  It has 18 foot ceilings and west facing views.  Veer has been a popular building in South Lake Union.  Since the original sellout in 2010 there have only been a handful of re-sales in the 99 unit project.  I love the location and find this particular unit to be pretty … [Read more...]

Just Listed – 16,981 sq ft Home – 6 Beds, 11 Baths on 10.5 Acres

The Residence - Photo 2

Ok guys, I couldn't resist.  I had to take a break from our condo posts to bring this house to your attention.  As some of you know, I've been known to take on projects that are unique and challenging.  Sometimes I get an opportunity to list a house that I simply can't refuse.  This is the biggest listing on the market within about 25 miles of Seattle.  It has a indoor pool, … [Read more...]

10 Units Left at Gallery In Belltown

Gallery.Exterior

  Gallery is advertising just 10 units until they reach their sellout.  For any of your interested, they are offering some sales incentives until the end of the month.  Gallery is located at 2nd and Broad, has 233 units on 13 floors.  The amenities include storage, secured parking, 24 hour concierge, guest suites, business center, fitness facility, homeowners … [Read more...]

Bellevue Towers Celebrating 200 Closed Homes

200 CLOSED BELLEVUE TOWERS_final

  Bellevue Towers just announced that they have reached 200 closed homes.  This is quite an accomplishment considering that 100 of those homes have closed in the first 7 months of this year.  As a part of their announcement, Bellevue Towers preferred lender MetLife Home Loans is offering preferred jumbo financing for loan amounts up to 2 million.  Congratulations to … [Read more...]

Bank Owned Condo at 5th and Madison

5th and Madison Exterior

A few minutes after our post this afternoon (Fannie Mae and Seattle Condos) a bank owned 1 bedroom+ den at 5th and Madison hit the market.  It's priced at $434,900 which is about a 10% reduction from its original sale price in 2007.  It has been listed both for rent and for sale multiple times in the last 4 years.       … [Read more...]

Fannie Mae & The Seattle Condo Market

FannieMae_SeattleCondos

Have you noticed that Fannie Mae is actively unloading their inventory in the Seattle condo market? For those of you unfamiliar with Fannie Mae, it was founded in 1938 during the Great Depression.  It is a government sponsored enterprise (GSE).  Its purpose is to expand the secondary mortgage market by allowing  lenders to reinvest their assets into more lending.  Thus … [Read more...]

Another Killer Project By PB Elemental, Phinney Modern

Phinney Exterior

Another project was just completed by our friends at PB Elemental.  In true form, with their partner and general contractor Logan's Hammer, they created a masterpiece in the Phinney Ridge neighborhood of Seattle.  There are so many elements of the house to highlight.  Thankfully in this case, PB created a blog (PhinneyModern) to highlight the construction process, design … [Read more...]

Bank Owned At The Parc Condominiums, 30% Lower Than 2007 Sale Price

The Parc Entrance

I noticed  this bank-owned 1 bedroom at the Parc this morning.  It is on the 9th floor (922) and back in 2007 it sold for $530,000.  It was just listed this week at $370,000.  A 30% discount from its last market sale.  Although there are not any pictures to look at, I think it may be worth a look.  It is 799sf with views.  The project is a steel and concrete structure built … [Read more...]