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Seattle & Bellevue Urban Living
For those of your looking to rent in 2012, there are a new wave of rentals that just hit the market in Seattle. Unlike traditional “apartment” projects, these rentals are condo owners leasing their units in highly coveted buildings. I’ve included the listings below. Just click the picture to view more details. 5th and Madison… [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]
Unit #2401 at Escala just hit the market for rent. For a cool $7,500 per month. Pictures have not been posted, but I can give you a few of the details. It is 3,562 sf with big views of Downtown, Queen Anne Hill and South Lake Union. It is one of the biggest floor plans… [Continue Reading]
There is big news out of the Escala camp today. With 51% of their units sold, they reached FannieMae approval. I’ve included a portion of their announcement below. There are a total of 269 units in the building. A portion of Escala’s release from this morning: Why is this important if you’re looking to purchase a home… [Continue Reading]
For those of you looking for a rental right now, you may want to check these out. They both hit the market in the last 24 hours. 1 bed, 1 bath at 1920 4th Ave #704 (Escala): Private elevator, big views, its own private deck, kitchen, dining and living. Hardwood floors and wall-bed for guests. … [Continue Reading]
According to an e-mail that was sent to me this afternoon, the sales team at Escala reached 100 closings. The e-mail also noted that they are selling an average of 8 units per month with 20 sales under-contract. If all 20 of their pending sales close, they will have 149 units left to sell. Given their… [Continue Reading]
A few minutes after our post this afternoon (Fannie Mae and Seattle Condos) a bank owned 1 bedroom+ den at 5th and Madison hit the market. It’s priced at $434,900 which is about a 10% reduction from its original sale price in 2007. It has been listed both for rent and for sale multiple times… [Continue Reading]
It is not very often that a condo rental hits the market at Escala, so when I noticed 1209 this morning I wanted to make sure you guys could see it before the weekend. It is 910sf, has 9.5 ft ceilings, its own private (covered) balcony and big views of Downtown Seattle. The balcony alone is 136… [Continue Reading]
Project: 5th and Madison Neighborhood: Downtown For those of you looking for a rental, the penthouse at 5th and Madison just hit the market (see here). It is 2,043sf with big views and substantial upgrades. Referred to as penthouse 3, this unit has a formal entry, 12.5 ft ceilings, fireplace, deck, audio/visual system, automated blinds and… [Continue Reading]
Could there really be a new 40 story tower coming to Belltown? On Thursday May 5th, the Department of Planning and Development granted final design approval for a 400 foot tower located at 2116 4th Ave. The applicant HAL Real Estate Investments plans to put 365 homes, above 2,743 square feet of retail space. This would… [Continue Reading]
Project: 5th and Madison Neighborhood: Downtown Remember the auction at 5th and Madison? Not all of the 18 units sold to buyers who attended and a few other units were still developer owned. These 3 units are back on the the market as of this morning. Unit #2300: In June of 2009 the asking price… [Continue Reading]
Project: Nautica Neighborhood: Westlake DESCRIPTION: Built in 1992 the Nautica sits on the Westlake slope of Lake Union and Queen Anne. Designed to maximize both Lake Union and Downtown Seattle views, the Nautica features 56 units on 8 floors. Many of the condos offer a 2 level floor plan making the home feel more like… [Continue Reading]
According to the Escala sales team, in one years time they have sold nearly 90 units. Closing 76 of them since March 27th. In addition to announcing their success over the last year, they have added a blogging element to their website See Here. It looks like they are going to add photos and highlight… [Continue Reading]
Clearly the impact of condos purchased between 2005-2009 is starting to rear its ugly head in Seattle. As values plummeted, owners started giving their keys back to the bank. Condo foreclosures are on the rise and in the upcoming weeks you could see foreclosures in some of the best buildings in Seattle and Bellevue. I’ve… [Continue Reading]
Remember this post from December? Major League Baseball Player Buys Condo At Escala UrbanCondoSpaces.com broke the story first and in an effort to protect his privacy, we withheld certain information. With that being said, this young up-and-comer just invited the CSN network of San Francisco to see what life is like in his brand new condominium…. [Continue Reading]
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