Back in March, we reported on the settlement of a construction defect suit at the Parc condos in Belltown. At that time, the previous 12 sales averaged a cost per square foot of $376.62 with an average sale price of $317,867. Listings sold on average in 60 days after going on the market. In just 4 short months, everything has changed. Since March there have been 6 sales in … [Read more...]
Lawsuit Settled – The Parc Condos In Belltown
We can confirm through our own independent sources that a settlement has been reached at The Parc. We will provide more details as we learn more. The lawsuit should be officially removed within days of now. Until then, we won't speculate on the total amount of the settlement. This dates back to a January 4th 2013 filing where The Parc-Belltown Condominium Association filed a … [Read more...]
Why All The Sales Activity At Mosler Lofts?
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...]
Lawsuit at Molser Lofts Officially Released (Dismissed)
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...]
Just Sold, One Bedroom At Brix (Capitol Hill)
JUST SOLD THE BRIX | Capitol Hill 530 Broadway Ave E #510| MLS #480729 $285,000 1 bed | 1 bath Capitol Hill Sold in just 10 days on the market - building currently in an active lawsuit (no financing). Finding a buyer was both a challenge and a major reward for our seller. Live Urban at Brix. 5th floor 1 bed, 1 bath with views! Quality finishes including hardwood … [Read more...]
