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Seattle & Bellevue Urban Living
Congrats to Bellevue Towers on reaching 50% Sold. With 13 sales so far this year, they are off to races. A recovering real estate market is good for all of us. Lets hope all our Seattle and Bellevue projects continue to sell their inventory, while providing great homes for new buyers throughout the year. For more information… [Continue Reading]
The success from 2011 has carried over into January for the sales team at Bellevue Towers. According to my source at the project, they have sold 7 units this month and are negotiating contracts with a number of other buyers. This comes on the heels of their newly released pricing promotion. Limited Release Pricing is… [Continue Reading]
With two more buyers purchasing units at One Main Street last week, their inventory is down now to just ten homes. The remaining homes at the boutique 57 unit project are a variety of one-bedrooms. The smallest and least expensive home is a 662 sq. ft. priced at $299,900. It features a nook separated… [Continue Reading]
Um…..Yeah. The list of incredible view units just grew by one. Check out this west facing view unit at One Lincoln Tower in Bellevue. Originally bought in shell condition, it was creatively developed and is now listed for sale. How much – $4,500,000 (MLS #311189). Its $4.5 million dollar price point puts the 3,000sf unit… [Continue Reading]
I have to be honest. I was a bit surprised, when I saw this. There is a rental at One Lincoln Tower in Bellevue that just hit the market for $12,500 per month! Apparently, it is not available until February of 2012. It has 3,000 sq ft, with 3 bedrooms and 4 total baths. Features… [Continue Reading]
Do you guys remember this post from September? Then, we wrote about the 4.5 million dollar bank owned penthouse at One Lincoln Tower. It appears that the owner, East West Bank, may have found their buyer (thanks to a reader for passing along the information). I’ve tracked this property for well over a year as it went… [Continue Reading]
Yesterday afternoon I attended an invite-only event at Bellevue Towers. It was designed as a thank you to all the real estate agents that have contributed to their success. The event was held in unit #2501 (big views). I would guess that there were about 20 brokers in attendance. We had a nice lunch, listened… [Continue Reading]
Once I think I have seen it all in this market something surprises me. The penthouse at One Lincoln Tower just hit the market in Bellevue. The catch is, its bank owned. The legal owner East West Bank, just listed the property on Thursday. I tracked this property through foreclosure, but I didn’t realize… [Continue Reading]
Ok, remember this unit? It hit the market back in January for $1,500,000. Just 3 days later it sold for $1,565,000. Now its on the market for lease. For $8,800, you can live on the top floor, in one of the most coveted condo towers in Bellevue (One Lincoln Tower). This unit is so cool…. [Continue Reading]
A big congratulations to our friends at Bellevue Towers as they just announced the launch of their new website. I was privledged to get a look at the site during its final stages of development. In my humble opinion, I think they nailed both the design and the functionality. I enjoyed seeing the pictures,… [Continue Reading]
I just noticed this bank owned condo that came on the market yesterday. It is on the 7th floor at Washington Square. In January of 2008 it was purchased for $420,000. It’s now listed at $274,900. That is a 35% reduction since the last market sale. The unit is 640sf. For more info,… [Continue Reading]
For any of you in the rental market, you may want to check out this 2 bedroom (505) condo in Bellevue. It is a brand new unit that has never been lived in. It has 2 bedrooms, 2 baths, 2 decks and is over 900sf. Its located on the 5th floor and has SE facing views. The… [Continue Reading]
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… [Continue Reading]
There is a healthy debate right now on the impact of bank owned properties in the Seattle and Bellevue condo market. I personally believe they are presenting a pretty compelling buying opportunity. Some of them are priced well below market. In this week alone, 3 bank owned 1 bedroom condos hit the market at Washington… [Continue Reading]
This condo at Washington Square sold for $649,000 in May of 2008. Now banked owned (Fannie Mae), it just hit the market for $280,500. By my calculations, that is a 56% reduction since its last market price. Not bad. If you want to check it out, click here
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