Follow Up – Millennium Tower Minimum Bid Is $1,351,500 (Last Sale Price $1,950,000)

  Did you catch this post on Wednesday?  Unit #1506 at Millennium Tower is scheduled for auction today and it has a minimum bid from the bank at $1,351,500. The unit was purchased in 2004 for $1,950,500. The owner of the unit is a man charged with running the largest Ponzi scheme in Washington State… [Continue Reading]

Ponzi Scheme Leads To Sale Of Millennium Tower Condo (Foreclosure Auction)

Unit #1506 _ C/O Lister/Parmenter

There is a condo going to foreclosure auction this Friday and its in one of the most luxurious buildings in all of Seattle - Millennium Tower.  What makes this foreclosure unique is not just the property itself, but the Ponzi scheme that surrounds the person that bought it. Do you recall the story of Meridian Mortgage… [Continue Reading]

The Penthouse at 1521 is Back….Reduced by $1,062,820 or 21%

1521 Penthouse

Do you guys remember this penthouse?  We covered it back in February of last year (1521 Penthouse, Yes Please).  It was also featured in a guest piece on Seattleite.com.  Well, it is back on the market and it appears to be priced to sell.  At a cool $3,900,000 it can be yours.  I recommend  at least… [Continue Reading]

Just Another Uber Cool Foreclosure, Unit #2101 Newmark Tower, (Pictures)

Newmark Tower Deck

It is Monday and yet again I have a great example of a foreclosure from last Fridays auction. Unit #2101 at Newmark Tower sold for $297,000.  The minimum bid was $263,500. In January of 2010 it was listed as high as $450,000. So when I saw that it was headed to auction, I had a… [Continue Reading]

1521 Penthouse, Back on the Market

1521_Private_Sky_Terrace_Hot_tub

Remember this penthouse at 1521?   Well, its back on the market.  Listed at $4,399,000.  It is hard not to love when you have nearly 2,800 sq. ft on the top floor of one of Seattle’s most luxurious condo towers. You may recall our post on Seattlite a few months ago featuring this home as well. … [Continue Reading]

Market Court Begins Siding and Window Replacement

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  If you’ve been down to Pike Place Market in the last few days you probably noticed the scaffolding going up on Market Court Condominiums. They are set to begin an estimated $3.1 million dollar replacement of both its siding and windows. As I mentioned in a post last week, it presents an interesting scenario for someone… [Continue Reading]

Can Buying A Condo With Siding Issues Be A Good Investment?

Market Court Arrow Final

We just sold a unit at Market Court Condominiums near Pike Place Market. I’d have to say that it was one of the more difficult challenges I have had in a few years. When my seller contacted me to put the unit on the market, I was cautiously optimistic at best.  The seller purchased the… [Continue Reading]

City of Seattle Approves A 40 Story Tower In Belltown

2116_Exterior_Final

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]

Luxurious Seattle Super-Pad Is Back On The Market

Millennium_Tower_Twilight

Project: Millennium Tower Neighborhood: Downtown Seattle Check out this urban luxury super-pad at the Millennium Tower. It is a 4,600sf, 2-story condominium completed in 2006.  It features 3 bedrooms, 2+ baths, master suite, wine cellar, view balcony, storage and underground parking with 3 spaces. Floor-to-ceiling windows with panoramic views of the sound, the city and the… [Continue Reading]

Foreclosure Watch: Washington Square, Lumen and Market Place North

Condo_Foreclosures(2)

There are three active foreclosures that I’m watching this week heading into Fridays auction.  For the 3rd weekend in a row, there is a Washington Square unit. A condo at Lumen on the 3rd floor and an incredible unit at Market Place North in the Pike Place district in Downtown Seattle. 1. Washington Square (1… [Continue Reading]

In The Next 60 Days, Multiple Seattle Condos Will Headed To Foreclosure Auction

Condos_Headed_To_Foreclosure

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]

1521 Penthouse, Yes Please.

Rooftop_Deck

This unit is stunning.  It sits 38 floors above the city at Downtown Seattle’s 1521 Second Ave.  In May of 2009 this unit sold for $4,962,820. Now, listed at $4,499,999, it can be yours. UNIT FEATURES Top floor Spacious plan Floor to ceiling glass 180 degree views (Sound, city and mountains) Private roof terrace w/spa,… [Continue Reading]

Valentines Day At Pike Place Market

1521_Seattle

I surprised my wife today with a trip to the spa and a few hours down at Pike Place Market.  It was a great reminder of how international Seattle can feel. It always amazes me to see such diversity in just a few city blocks.  It was a really fun experience exploring, drinking coffee and… [Continue Reading]

UCS Just Listed | 2104 At Madison Tower

Private Rooftop Terrace for Residence Owners Only.  Order dinner

Project: Madison Tower Neighborhood:  West Edge UCS just listed this incredible 1 bed, 1.5 bath at Madison Tower in the West Edge of Seattle. I’ve included a collection of pictures and and a short description of the unit: MARKETING DESCRIPTION Your opportunity to live at this exclusive address. This incredible corner unit sits on the… [Continue Reading]

Unit #2702 High Above The City At 1521

1521_View_Deck

Each Sunday morning, one of my favorite things to do is look for new listings that came on the market over the weekend.  It was actually a really light weekend for “new” listings (Superbowl?).  The one that did catch my eye was unit #2702 at 1521 in Seattle. For those of you unfamiliar with the project,… [Continue Reading]