Seattle Condo Blog | Urban Living
You may have noticed over the years that we've spent a significant amount of time tracking condo foreclosures. During 2009-2012 there were hundreds of foreclosures in Downtown Seattle. Leading up to 2007, there were a lot of investors buying condos in the Seattle market. These included second home buyers, owners looking to rent their space and speculative buyers looking for a … [Read more...]
Penthouse #4 at Mosler Lofts was just listed for $1,690,000. It becomes the 4th penthouse in the building to be listed for sale in the last 6 months. Previously listed as high as $1,745,000(2007), PH#4 offers 1,927 square feet with 2 bedrooms and 2 baths. Penthouse #1 - Currently for sale Asking Price - $2,200,000 Penthouse #2 - Just Sold Selling Price - … [Read more...]
Luxury condos in Downtown Seattle are flying off the shelf. We'll define luxury as anything over $1,000,000. There have been 17 sales in this million dollar plus category year to date - with 13 sales pending. Assuming those pending sales close by the end of April, that adds up to 30 sales in the first quarter of 2014. Just for a point of reference, we had 53 sales in 2013 … [Read more...]
We are just 14 days into March and there have been 6 Seattle condos that went under contract in less than 48 hours. Just 2 days on the market. We've included three of them below. As an owner, if you were put in a situation to accept an offer the first day on market, or multiple offers after a week on the market - what would you do? 1) Escala Unit #707 – Downtown Seattle … [Read more...]
There is a new price for Penthouse 1 at Mosler Lofts. Previously listed at $2,300,000, the new asking price is $2,200,000. PH2 just recently sold for $1,825,000 - see photos here. … [Read more...]
Why all the activity at Mosler Lofts? Simple answer - A dismissed lawsuit and perfect market conditions for a seller. YTD there are already 8 sales pending and 2 posted sales at the 2007 built Mosler - including penthouse #2 shown above ($1,825,000) This have everything to do with their construction defect lawsuit being dismissed. In the 24 months leading up to the … [Read more...]
Are you a loft lover? We are too. Check out these three different options in three (3) Seattle neighborhoods that are currently on the market. Madison Lofts - 2914 E Madison St #208 Neighborhood - Madison Park (Central Seattle) 1 bed, 1 bath - 1,132 sq. ft. Asking price - $509,500 Price per square - $450 Veer Lofts - 401 9th Ave N #508 Neighborhood - … [Read more...]
After briefly going off the market, Penthouse 6 at Mosler is back with a $50,000 reduction in price. Located 12 stories above the street, PH6 features 2 bedrooms, 1.75 bathrooms and 1,529sf. It is offered at $1,345,000. See more details here - Mosler PH6 [table id=27 /] [photos c/o our buddy MD] … [Read more...]
For those of you that love Mosler Lofts, there is a great unit that went to foreclosure auction last Friday, and didn't sell - Unit #1108. We have written about this unit in the past (Wall of Windows At Mosler Lofts). When a unit reverts back to the bank, it means it wasn't successful with a short sale, modification, didn't sell at the foreclosure auction and ultimately … [Read more...]
JUST SOLD AWARD WINNING MOSLER LOFTS 2720 3rd Ave #704 | MLS #525529 Asking price $249,000 Sale Price - $247,000 Open 1 bed | 1 bath Belltown We helped the seller move this property in less than 20 days. It sold for 99.20% of our asking price selling at $448 per square foot. Enjoy urban living in this chic loft. Wall of windows featuring city lights & great … [Read more...]
As we mentioned earlier today, we toured a few of the available penthouse units at Mosler Lofts this afternoon. There are three units on the market and all of them are pretty impressive. I included a few panoramic shots below (penthouse 1). … [Read more...]
You may have noticed the 2 penthouse units at Mosler Lofts. The listing brokers have set up a brokers open today form 11-1pm. For anyone interested, I can report back with details. I've seen both of these units when they were originally for sale 6 years ago. It will be interesting to see them now. Since the litigation settlement a few months ago, Mosler has been one of the … [Read more...]
JUST SOLD Mosler Lofts | 1 Bedroom 2720 3rd Ave #607| MLS #482808 $279,950 Sale price - $277,000 1 bed | 1 bath Belltown Sold at 99% of our asking price while navigating through an active lawsuit (construction defects) Enjoy urban living in this chic 1 bedroom loft. Wall of windows featuring city lights and great views of the Space Needle. The award winning Mosler … [Read more...]
The lawsuit at Mosler Lofts has been officially released as of Friday June 7th. We already told you about the settlement, but the dismissal is super important. It is great news for owners and buyers alike. Owners that have been anxious to sell now have an official document (see below) that they can provide to prospective buyers. This is crucial because lenders need … [Read more...]
An owner at Mosler sent us the release below and gave us the green-light to share some details surrounding the settlement. Truth be told, I attended the homeowners meeting last week when the settlement was announced. I enjoyed sitting in on the meeting and hearing the good news from the homeowners perspective. Mosler's legal council, over 30 owners and even the developer … [Read more...]
