Pioneer Square Condos For Weyerhaeuser Employees

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Heard the big news this week? Weyerhaeuser, a northwest giant and publicly traded timber company is relocating its headquarters to Pioneer Square. 800 employees will filling a new space at 200 Occidental Ave S. This is huge news for the neighborhood and another reminder that Pioneer Square is getting a lot of attention. We thought we would jump ahead of the 2016 arrival and … [Read more...]

Northwest Facing Views At Escala, Changing Soon

2000 3rd Ave_C/O Google Maps

We are hearing from a source of ours that a 43 story apartment project is moving forward at 2000 3rd Ave (3rd and Virginia). This undoubtably will impact the NW facing views at Escala (4th and Virginia). It will also impact the Royal Crest condo project as well (3rd and Lenora) British Columbia Investment Management Corp, purchased the site at 2000 Third Ave. in Seattle … [Read more...]

Post Settlement, The Parc Condos Experiencing Massive Gains

Average Cost Per Square Foot _ Pac

Back in March, we reported on the settlement of a construction defect suit at the Parc condos in Belltown. At that time, the previous 12 sales averaged a cost per square foot of $376.62 with an average sale price of $317,867. Listings sold on average in 60 days after going on the market. In just 4 short months, everything has changed. Since March there have been 6 sales in … [Read more...]

81 Vine

81 Vine_Profile

Project: 81 VINE Neighborhood: Belltown  BUILDING 81 Vine, located in Belltown, could be the neighborhood's most historic architectural show-piece. Originally a printing factory, the building was carefully renovated and restored by award-wining Geise Architects in 1999 and converted into 24 mixed use residents and lofts. Units feature high ceilings, open floor plans, … [Read more...]

One Year, Same Floor Plan, Condo Sells For $151,300 More

Cristalla_(10) plans

We were doing some market research this morning when we ran across an interesting storyline in Belltown involving Cristalla. In one calendar year (2013-2014), two identical floor plans just two floors apart from each-other sold at $400,000 and $551,300. Yep, a $151,300 difference within one year. Our team negotiated the sale of #710 in June of 2013 (Buyer). Then just 13 … [Read more...]

Escala One Bedroom, Listed At $626,000, Sold at $681,500

Escala_1804

Check out this sale - unit #1804 at Escala. Until July of this year, when the 18th floor condo sold, the highest cost per square foot for a 1 bedroom 1.5 bath in Downtown Seattle was $747(YTD). This sale nearly eclipsed $750psf. The asking price was $626,000 and the final selling price was $681,500. It was last purchased in 2010 for $529,000. Happy seller? We think so. See … [Read more...]

Good Value, 2 Bedroom Cristalla

Cristalla_Bedroom C:O Lin Shih

Check out this 2 bedroom at Cristalla. It is a corner unit on the 15th floor. 2 bedrooms, 1.75 bath and 1,132sf. That comes in at $529psf. When using the cost per square metric, this looks to be a REALLY good buy. There have been 7 sales in the building this year - averaging $633 per square foot. With two, 2 bedroom units on the 16th floor and the 18th floor selling for $639 … [Read more...]

Just Sold By UCS, Trace Lofts

Trace_Exterior

1414 12th Ave #612 Trace Condos and Lofts - Capitol Hill Top Floor | 1 Bedroom Plus Den Sold Price - $366,000 We were fortunate to sell this property to one of our clients. Top floor loft in Trace North. 14 foot ceilings and vaulted storage space. Open living room, stainless appliances, breakfast bar, corked flooring and spacious outdoor deck. 100 percent Walkscore.See … [Read more...]

Just Listed By UCS, 1 Bedroom At The Parc

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Just Listed | 1 Bedroom, 1.5 Bath Priced $60,000 Below Zillow Zestimate 76 Cedar St #505 The Parc - Belltown 5th Floor, 1 Bedroom, 1 Bath Asking Price -$415,000 We just listed another unit at The Parc (Western and Cedar in Belltown). Its priced $60,000 below its Zillow Zestimate. Great value play or rent potential. 1 bedroom, 1.5 bath. No Rental Cap Interested in … [Read more...]

Fire House No. 25

Firehouse 25_Cap Hill

        FIREHOUSE 25 1406 Harvard Ave Capitol Hill Built - 1909 Original Architect - Somervell and Cote HISTORY According to Historic Seattle, Firehouse 25 was the first brick firehouse in Seattle. Firehouse 25 was decommissioned as a firehouse in 1970. In poor condition, the Firehouse wasn't adapted to modern living until 1980. That is when architect Stickney … [Read more...]

Cristalla Studio and Escala 1 Bedroom Continue To Push Market Higher

Cristalla-Escala

Check out these 2 sales - a studio at Cristalla &  a 1 bedroom at Escala. The Cristalla studio went under contract in less than 5 days. If it posts at its asking price it would be the 4th highest sale on a cost per square foot basis this year (1 bedroom, area 701). The Escala 1 bedroom condo (shown below) sold for $419,000 in 2011. It just re-sold at $592,700. The asking … [Read more...]

Just Listed By UCS, Enso Penthouse $1,495,000

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We are excited to announce the listing of Penthouse #1810 at Enso. It is a 2 bedroom plus den with 1,892 square feet. The unit has North and West views including Sound, City, Queen Anne Hill and Lake Union. The kitchen has a slab soapstone island, Eggersman cabinetry & high end appliances. The dramatic space has charcoal bamboo flooring, floor to ceiling windows and 2 … [Read more...]

2 Bedroom Stunner, Olive 8

Olive 8 Unit #3005 (1)

We kind of fell in love with this place today. It is unit #3005 at Olive 8. Great upgrades, killer views, love the flooring and the art wall is pretty incredible. Asking price is $1,850,000 - 2 bedroom, 2.75 bath - 2,158sf   [photos c/0 M. Holley) … [Read more...]