You probably know by now that condo foreclosures in well known buildings are going to auction each week.  This week alone, there are 3 units in notable buildings that are scheduled for tomorrows King County auction.  One of the units really caught my attention:

Its a 1 bedroom on the 22nd floor of One Lincoln Tower.  It’s over 700sf with an island kitchen, granite counters, stainless appliances and HUGE views. For those of you unfamiliar with the project, it is Bellevue’s first and only condo/hotel.   Built in 2005, its home to 148 condominiums on 41 floors. Built above the 303 room luxury Westin Hotel in Downtown Belleuve, the steel and concrete building offers, 24 hour concierge, a screening and entertainment room, swimming pool, exercise facility and hotel services (including room service and custom laundry & housekeeping).

The two other buildings pictured above  also have units scheduled.  One at the Meridian (1 bedroom on the 3rd floor) and Belltown Court (1 bedroom on the 3rd floor).

If you want to learn more about investing in foreclosures, see here:

Project: First Hill Plaza
Neighbrohood:  First Hill

PROJECT

Built in 1982, First Hill Plaza offers remarkable views, multiple amenities and a great location.  Just blocks from the heart of downtown Seattle, First Hill Plaza has a Walkscore of 95 (walkers paradise).  Enjoy coffee shops, boutique retail and some of Seattle’s best restaurants. Designed by Skidmore, Owens & Merrill each floor plan offers a spacious layout with a generous amount of square footage.  The amenities include 24 hour concierge, beautiful lobby, fitness center, business center, courtyard, hot-tub, indoor pool and rooftop deck.  The highlight of First Hill Plaza is the views.  A number of the homes at First Hill Plaza offer views of Mount Rainier, the Seattle skyline, Lake Washington, Lake Union and the Puget Sound.

AMENITIES

UCS PROJECT GRADE

WALKSCORE

Project: First Hill Plaza
Neighborhood: First Hill

In the event you wake up tomorrow and you have to have a condo with a dynamite view, you may check out this unit at First Hill Plaza. It was brought to my attention by the co-listing agent Steve Green. He and Jan Selvar reintroduced this unit to the market with a new price. FHP has been a popular building over the years for obvious reasons.  For those of you unfamiliar with the project, I’ve included some details below:

PROJECT DETAILS

AMENITIES

See the Listing Here: 18J

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Project Description

Meridian is a 161 unit project located at 1420 Terry Ave (Terry Ave & Pike Street).  This 27 story tower was built in 2002 by Taliesen Corp/Cressey Development.  Meridian is located just blocks from Seattle’s Convention Center, its retail district and Seattle’s Capitol Hill neighborhood.  As member of the First Hill neighborhood, The Meridian sits high up above the city with many phenomenal view units.

Meridian’s grand lobby leaves a great impression for someone visiting for the first time.  It features soaring ceilings, expansive seating and a gas fireplace.  The rest of the building is comprised of studios, one bedrooms, two bedrooms and three bedroom floor plans.  All units have air-conditioning and feature spacious floorplans.   The amenities includes,  24-hour concierge, secured guest parking, spacious fitness facility and spa.   In addition, the location offers easy access to all major freeways, hospitals, and an abundance of entertainment.

Square Footage Guide

Unit Square Footage Guide:

Studio (400-429 sq.ft)

One bedroom (557-793 sq.ft)

Two bedroom (1,013-1310 sq.ft)

Three bedroom    (1,666-2,657 sq.ft)

View all the active listings at The Meridian .

Sign-up to receive email notification of new Meridian condos for sale as soon as they hit the market.

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UCS Project Grade

Pets:  Subject to Restrictions

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Walkscore

This week in the King County Foreclosure list, there are units at Queen Anne High School and Elektra scheduled to go to auction.  See below for details on each:

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WEEKLY SEATTLE CONDO FORECLOSURE LIST

The Decatur is 70% sold.

Building Features:

-Steel and concrete building
-dual-pane windows
-controlled access entry
-underground (controlled access) parking
-Roof top terrace
-Elevators

Home Features:

- 1 and 2 bedroom homes
- Expansive views of the city and Mt. Rainer
- Brazilian wood flooring in the entry and Kitchen
- Kitchens have granite countertops, custom cabinetry and stainless steel appliances.
- Nostalgic subway tile design in bathroom

Pricing:

1×1 – 184,950 – 237,950
2×1 – 271,950 – 289,950

* parking optional for an additional $25k

I exchanged a few e-mails earlier today with a contact over at Realogics.  I thought I would share the update they provided on their current inventory.  In less than 18 months their group has acquired a notable amount of units.  I commend their efforts on promotions.  I think we would all agree that everything needs a big red-bow on it right now.  That means that it has to be price, promotions or perceived value that is second to none.  At any rate, see the update below:

MARKET DISTRICT – Fifteen Twenty-One Second Avenue (www.FifteenTwentyOne.com)

• William Justen hosted an agent seminar on Tuesday, March 23 and presented “The Value of View” (LINK)
• New video building tour online (LINK)
• New interviews with William Justen (LINK)
• New interviews with Tom Parsons (LINK)
• In celebration of recent LEED “Silver” certification, all new home sales before April 30, 2010 will include a Smart ForTwo vehicle (LINK)
• Introduced a new 4,400-sq. ft., three bedroom plus den floor plan offered at $7.25 million (combines a C & J plan for half of the 34^th floor)(LINK)
• Open house this weekend (Noon – 4pm)
• Homes start at $1.1 million
• Now more than two-thirds sold and occupied

FIRST HILL – The Decatur (www.OwntheDecatur.com)

• Offering “Double the Tax Credits” up to $16,000 (select homes) for sales before April 30
• Up to 35% off original list prices
• Home start at $184,950 or just $859 per month (see agent for details)
• FHA approved –just 3.5% down payment!
• Phase II sales release happening now – see NWMLS (LINK)
• New video building tour online (LINK)
• Now more than two-thirds sold and occupied

CAPITOL HILL – Eleven Eleven East Pike (www.1111EastPike.com)

• Up to 25% off original list prices
• FHA approved –just 3.5% down payment!
• Home start at $244,950 or just $1,127 per month (see agent for details)
• Full sales release now available  – see NWMLS (LINK)
• New video building tour online (LINK)
• Now 50% sold – only 13 homes remain!

BALLARD – Hjarta (www.hjartaballard.com)

• Bulk Sales Event – March 27 & 28 (Noon – 5pm)
• Up to 35% off original list prices
• Home start at $274,950 or just $1,154 per month (see agent for details)
• FHA approved –just 3.5% down payment!
• Phase one sales release – now listed on NWMLS (LINK)

GREENLAKE – Florera (www.floreragreenlake.com)

• Bulk Sales Event – March 27 & 28 (Noon – 5pm)
• Up to 35% off original list prices
• Home start at $244,950 or just $1,028 per month (see agent for details)
• FHA approved –just 3.5% down payment!
• Phase one sales release – now listed on NWMLS (LINK)

Decatur is a 13-story condominium tower on Seattle’s legendary First Hill.  Designed by celebrated Space Needle architect John Graham Jr. in 1950, the building was recently restored to its vintage glamour.

The Decatur includes one-and two-bedroom residences that are newly remodeled, with attention to detail and priced to sell in todays market.

Building Features:

-Steel and concrete building
-dual-pane windows
-controlled access entry
-underground (controlled access) parking
-Roof top terrace
-Elevators

Home Features:

- 1 and 2 bedroom homes
- Expansive views of the city and Mt. Rainer
- Brazilian wood flooring in the entry and Kitchen
- Kitchens have granite countertops, custom cabinetry and stainless steel appliances.
- Nostalgic subway tile design in bathroom

Pricing:

1×1 – 184,950 – 237,950
2×1 – 271,950 – 289,950

* parking optional for an additional $25k

*Special thanks to Sarah Del Moral for helping me compile information.

[mappress]