Short Sale At 2200 Westlake. Last Sale $464,000, Now $329,950

2200 Westlake

Looking for an opportunity to live at 2200 Westlake? A short sale just hit the market. Unit #305 is selling for the first time since its original sale in 2008. Back then the property sold for $464,000. Now, its currently listed at $329,950. Short sales are not for everyone, but it might be worth considering. Especially if you've have been waiting to buy something in the … [Read more...]

The Right Pricing. Always. Prevails.

Just Sold _ Unit #2106_web

I came across a sale today that inspired me to write a post about pricing your condo. The subject of this post is unit #2106 at One Lincoln Tower. We have all seen it - an optimistic seller that puts their unit on the market for more than its worth. The question usually starts like this: Can we list the condo more than its worth and just expect to receive low … [Read more...]

Strong Sales For Luxury Seattle Condos In October

Downtown Seattle

The month of October, has been very kind to sellers of luxury condos. Since the first of the month there have been 11 units that have sold or gone under contract. Price points vary from $829,000 to $1,950,000. I've included a list for your review. My search criteria was all downtown Seattle condos(area 701), priced at or above $800,000. [table id=47 /] … [Read more...]

What $500,000 Will Get You In The Seattle Condo Market

Walls of windows let in abundant light, views, big sky and aweso

Let's take a look at what $500,000 will get us in the Seattle condo market today: URBAN HIGH RISE - Downtown Seattle 737 Olive Wy #3304, Seattle ASKING PRICE - $495,000   Olive 8 is project built in 2009 that offers a "In-city Resort Lifestyle". It has a fitness center, day spa, 65' lap pool, out-door terrace and 24 hour concierge services. Unit #3304 is a 680 sq. ft … [Read more...]

Just Listed, 19th Floor West Facing Condo At Madison Tower

Madison Tower #1901 _ Website_web

JUST LISTED URBAN LUXURY Madison Tower View Unit 1000 1st Ave #1901, Seattle 98101 MLS # 416857 $1,750,000 2 bed | 2.5 bath + den Westedge Neighborhood Beautiful 2 bed, 2.5 bath plus den. 19th floor west facing in the luxurious Madison Tower - Seattle's finest boutique condo/hotel. Breathtaking panoramic views that feature Mt. Rainier, The Olympics, Puget Sound and … [Read more...]

Belltown Lofts | 66 Bell St, Seattle 98121

66 Bell - Exterior

  BELLTOWN LOFTS Architect: Driscoll Architects & U-Arc Design LOCATION 66 Bell St or Belltown Lofts is located in the dynamic Belltown neighborhood DESCRIPTION Built in 2000, Belltown Lofts was a privately funded restoration and re-development of a 1914 warehouse. Belltown Lofts is comprised of 62 units on 4 floors. Units vary is size and build. Some … [Read more...]

2 Bedroom Seattle Condo That Cash Flows

Just _ Sold Cosmopolitan #1904_web

Ok, I don't always analyze investments for you guys, but this one makes too much sense. It is an example of a good condo, that has great upside from a cash-flow perspective and long term investment potential. Unit #1904 just closed this week. It is a 2 bedroom, 2 bath at 1,195 sq. ft. The sale price was $529,950. Here is the scenario: Purchase price: $529,950 Down … [Read more...]

Grandview Penthouse For Rent, 26th Floor, HUGE views – Offered At $6,000 Per Month

Grandview Penthouse - 2201 3rd Ave #2601

The penthouse at the Grandview just hit the market. The asking price is $6,000 per month. I've been in this unit many times and it is stunning. 26 floors up, the views are spectacular the interiors are pretty unique. It is a concrete shell with industrial elements and high-end fixtures. We wrote about this unit last year. The owner, while living there, featured his high-end … [Read more...]

Just Sold, Now Renting For $3,000 Per Month

23415_12

Warning - Personal plug for Jeff and UCS to follow :-). We just sold this 2 bedroom, 2 bath at Bellevue Towers on the 9th floor. It is great floor plan overlooking the resident only urban garden (see below).  For any of you looking to rent, the owner is asking for $3,000 per month.  Contact us if you have any questions JUST SOLD 500 106th Ave NE #905 MLS #369755 Asking … [Read more...]

2 Bedroom Condo In Alki (West Seattle) – Last Sold At $775,000, Now $840,000

1226 Alki Ave, Seattle

Remember these condos in Alki?  We wrote about unit #3100 in April of this year. Unit #2100 is back on the market after selling just 6 months ago. Once listed at $1,150,000 (December/2008), it sold in April of this year for $775,000. Now listed at $840,000, you have to wonder what the motivation is to sell? The unit is pretty cool. It features, blonde hardwood floors, gray … [Read more...]

Sales Update For Bellevue Towers, Penthouse Views, Open House

IMG_1246

The Bellevue Towers sales team had an open house yesterday and I'm happy I made time for a visit. The picture above is from the North Tower Penthouse just before sunset. It was pretty impressive. The outdoor space was just about as large as the indoor square footage. While at the party, I learned that the sale count for project is up to 418 units. The sales team have sold … [Read more...]

View Condo Comparison – Bellevue and Seattle

Cristalla_Rooftop_ ℅ C Millan

  VIEW CONDO COMPARISON Let's look at view condos in 2 different markets - Seattle and Bellevue SEATTLE  How about this sale at Cristalla last week? Unit #1709 is a corner unit. It has west and south facing views with an outdoor deck. For 1,572 sq. ft. this unit seems to have it all. Island kitchen, bamboo floors, structural concrete accents, stylish lighting, … [Read more...]

How Do You Downsize To A Condo, When Your Kid Lives At Home?

Downtown Seattle

I came across an article today and thought it would was an interesting discussion topic. Bloomberg.com's piece,  "Young U.S. Adults Flock to Parents' Homes Amid Economy", was an eye opener for me. I immediately thought of the impact this has made on parents wanting to buy condos and developers wanting to sell their new inventory to those same parents. It took me back to … [Read more...]