Trace and Matrix Real Estate are reporting 2 more sales.  That leaves just 4 homes until they reach their sellout.

Trace North Inventory:

Home 502 – Open One-Bedroom – 610 sq ft – $264,950
Home 519 – Open One-Bedroom – 614 sq ft – $274,950
Home 418 – One Bedroom – 804 sq ft – $352,950

Trace Lofts:

1 BR – 703 sq. ft. – $324,950

Matrix is reporting that only 6 units remain at Trace in Capitol Hill.

View the available inventory at Trace Lofts:

View the available inventory at Trace North:

About Trace:

Trace is a  built green project of 142 open spaces.  It was built by RAFN and sits in the Pike/Pine Triangle in Capitol Hill. Trace has a combination of units between the two separate buildings; Trace North and Trace Lofts. With studios, one and two bedroom homes, Trace offers a variety of living options with floor to ceiling windows, urban and city views, cork flooring, stainless appliances, gas cook-tops and reserved parking. In my opinion, its creative architecture, boutique retail and phenomenal location makes Trace a contender for one of Capitol Hill’s best condo projects.  On Cap Hill, there are plenty of cool places to live, but Trace is up there with the best of them.

Trace Lofts just announced a series of price reductions on their one bedroom units.  Here are  a few examples of homes that have just been reduced:

Home 203 – 1 BR 803 SQFT
was $364,950 now $349,950 (435psf)

Home 418 – 1 BR 804 SQFT
was $389,950 now $369,950 (460psf)

Home 518 – 1 BR 804 SQFT
was $399,950 now $379,950 (472psf)

All three of these 1-bedrooms come with city views.  They also have alcoves that work well with setting up a home office space.

Trace Lofts Quick Facts:

Address: 1414 12th Ave, Seattle 98112

Year Built: 1919/2007

Bedrooms: 2

Stories: 5

Total Units: 142

Amenities: Elevator, Lobby entrance,

Neighboring restaurants, coffee shops, bars and home fitness:

Restaurants:
La Spiga
Barrio
Boom Noodle
Martins Off Madison

Coffee Shops:
Bluebird
Cafe Stellina
Pettirosso
Cafe Presse

Bars:
Elysian Brewery
Madison Pub
Wild Rose Tavern

Fitness:

Barre 3

Have you used walkscore yet?

It is a super resourcful technology that allows you to see the neighboring amenities from a particular address.  If you are a boomer looking for walkability or a young professional hoping to be surrounded by the cities best restaurants and nightlife, Walkscore can be a perfect step in the evaluation of your condo purchase. Restaurants, grocery stores, coffee shops and bus stops are just a handful of categories that it can track.

As every major city moves towards more urbanization, analyzing your proximity to neighborhoods businesses is really important. If not for you, it has the possibility of influencing the next round of buyers when you decide to sell. Other considerations, especially in the Seattle market have to be understanding your proximity to the light rail. As the rail system gains more popularity, wouldn’t you want to take advantage by doing your homework ahead of time?

I thought I would share an example of an actual Seattle condo so that you can see the impact of using Walkscore. As you notice in this example it shows you the proximity of schools, restaurants, parks, coffee shops, transit and more.

2200 Westlake

This week in the King County Foreclosure list, there are units at the Klee and Trace Lofts scheduled to go to auction.  See below for details on each:

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1408 12TH AVE 305, SEATTLE WA 98122 (Active) Sale Date 11/5/2010 10:00 AM Minimum Bid $417,091 Sale Place 500 4TH AVE Principal $395,356 Owner Arrears $12,453 Assessed $333,000.00 Total $407,809 Land $28,600.00 Lot Size 11,456 Building $304,400.00 SQFT 0 Taxes $3,550.95 Beds 1 Delinquent $0.00 Baths 1 Last Sale 8/28/2007 Use CONDOMINIUM Last Sale Amount $494,196.00 Zoning NC3P-65 Built 2007 Legal UNIT 305 TRACE LOFTS CONDOMINIUM PCT UND INT 1.85

Map it! 14 Photo(s)

2701 WESTERN AVE 3002, SEATTLE WA 98121 (Active) Sale Date 11/5/2010 10:00 AM Minimum Bid $333,235 Sale Place 500 4TH AVE Principal $307,577 Owner Arrears $20,211 Assessed $266,000.00 Total $327,789 Land $41,900.00 Lot Size 28,320 Building $224,100.00 SQFT 0 Taxes $2,680.71 Beds 1 Delinquent $0.00 Baths 1 Last Sale 3/28/2007 Use CONDOMINIUM Last Sale Amount $385,000.00 Zoning DMR/C 125/65 Built 2001 Legal UNIT 3002 KLEE CONDOMINIUM PCT UND INT 0.57

If you would like to have the Seattle, Bellevue and Kirkland properties send to you weekly, simply fill out the form below and you will be added to the next mailing.  If you have any questions, please feel free to contact us.

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WEEKLY SEATTLE CONDO FORECLOSURE LIST

There are two remaining units at Trace Lofts.  Unit #407 dropped $45,000 and #403 dropped $110,000!  Will these go before the end of the weekend?

A green home may be classified by LEED, Built Green, Energy Star or another 3rd Party classification.

I thought I would highlight a few environmentally certified new construction projects and those still seeking some form of green building classification:

Trace North/Trace Lofts – Capitol Hill

Brix – Capitol Hill

Rollin Street – South Lake Union

Enso– South Lake Union

Veer Lofts – South Lake Union

Parc – Belltown

Mosler Lofts – Belltown

Cosmopolitan – Downtown Seattle

Olive 8 – Downtown Seattle

1521 – Downtown Seattle

5th & Madison – Downtown Seattle

220 West Highland – Queen Anne

Hjarta – Ballard

Florera – Greenlake

Bellevue Towers – Downtown Bellevue

This is a fun post for me to write.  I have been so excited to share with you some recent updates to the blog.  As you will see in the picture below, we have added a category of links titled “UCS Exclusive Sites”.  I think this is an incredible addition to the site.

For the last 2 months, I have been working tirelessly on building individual sites for the major condominiums projects in Bellevue and Seattle.  The objective was to bring each project to you!  This hyper-local approach, delivers “building” specific information.  Each website is loaded with great info.  You can search units for sale, units that have sold and within a few weeks you’ll be able to search for rentals as well!  In addition, you will find the following:

• Neighborhood information
• Amenities
• Walkscore and much much more.

Each site is fairly interactive as well.  For example, if you want UCS to send you listings in your favorite building, just fill out the email notifications form and you will receive new listings immediately when they hit the market.  As an owner you will also be able to keep tabs on the units that are for sale in your building.  We will be adding new features to the site as time goes on. For now, my hope is that you enjoy what has been created.  Please spread the word!  I’m very excited to get your feedback.  See below for a list of all the websites offered at this time:

Here is an example of the website for the Vine!

These are where the website links are located in UrbanCondoSpaces (see the picture below):

Eastside/Bellevue Condos:

Bravern Condos
Bellevue Towers
One Lincoln Square
One Main Street Condos
Astoria Condos
Washington Square
Kirkland Central

Seattle Condos:

Trace Condos and Lofts
Brix Condos
Eastlake Condos and Lofts
Enso Condominiums
Veer Lofts
2200 Westlake
The Cosmopolitan
5th and Madison
Escala Condos
1521 Condominiums
Cristalla Condos
Bellora Condos
Concord  Condos
The Vine
The Parc
Mosler Lofts
Madison Lofts
Gallery

A quick update from Trace Lofts.  According to Matrix their exclusive sales partner, they are now 80% sold.  For a profile on Trace Lofts, including a description, map and the exclusive UCS Urban Grade, click here.

[mappress]

Just a quick update on Trace Lofts in Capitol Hill.  According to a message from Matrix Real Estate this morning they will be reducing pricing on the remaining units for sale.  The updates will hit the MLS this afternoon.  For more information you can visit their website or refer back to a UCS post on Trace as well.

According to the Matrix website they will be reducing prices up to $75,000 on remaining studio, open 1 BR and 1 BR homes.

Click below if you would like to schedule a viewing of Trace Lofts:

Trace Lofts presents an incredible opportunity to “live urban“.  Once home to a number of different businesses, Trace seems to be in the center of universe for Capitol Hill residents.

A built green project of 142 open spaces, Trace built by RAFN sits in the Pike/Pine Triangle in Capitol Hill.  With studios, one and two bedroom homes, Trace offers a variety of living options with floor to ceiling windows, urban and city views, cork flooring, stainless appliances, gas cook-tops and reserved parking. Its creative architecture, boutique retail and phenomenal location makes Trace a contender on the list of Capitol Hill’s best condo projects.

A few neighborhood attractions include:

Restaurants:
La Spiga
Barrio
Boom Noodle
Martins Off Madison

Coffee Shops:
Bluebird
Cafe Stellina
Pettirosso
Cafe Presse

Bars:
Elysian Brewery
Madison Pub
Wild Rose Tavern

Ever wonder if buying a green home is a sound financial investment?  A recent article in the Seattle Times discusses recent statistics and the benefits of buying a green home.  It cites a study by GreenWorks Realty which reviewed the NWMLS King County condominium sales from September 2007 – May 2008 and included only new construction built in 2007 and after.  The statistics reflect that 18.7% of condominiums bought during this period were environmentally certified.  When priced per square foot, these green condominium homes were 28% more valuable than non-classified homes.  A green home may be classified by LEED, Built Green, Energy Star or another 3rd Party classification.   Check out the article regarding green homes and condominums…Buying Green.

In addition to this article, I thought I would highlight a few environmentally certified new construction projects and those under construction seeking some form of green building classification:

Trace North/Trace Lofts – Capitol Hill

Brix – Capitol Hill

Rollin Street – South Lake Union

Enso – South Lake Union

Veer Lofts – South Lake Union

Parc – Belltown

Mosler Lofts – Belltown

Cosmopolitan – Downtown Seattle

Olive 8 – Downtown Seattle

1521 – Downtown Seattle

5th & Madison – Downtown Seattle

220 West Highland – Queen Anne

Hjarta – Ballard

NoMa – Ballard

Florera – Greenlake

Bellevue Towers – Downtown Bellevue