Nov 18th
Categories: Apartments, Lofts, Market Update, Pioneer Square, Real Estate News, Rentals
| FOR LEASE: 211 1st Ave S Penthouse
For additional information, please click here!
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Nov 17th
Categories: Condominiums, First Hill, Luxury Properties For Sale, Market Update, Real Estate News
This morning, I had the opportunity of touring this unique 32nd floor, 4 bedroom/5.5 bathroom home at 1301 Spring Street. With nearly 7,000 square feet and breathtaking 360 degree views spanning from the Cascades, downtown Bellevue, Lake Washington and Mt. Rainier, to the stadiums, Puget Sound, downtown Seattle, the Olympics and Space Needle- this estate in the sky towers above the city and offers a perspective that can only be properly interpreted in person…I have never seen anything like it! Built in 1982, immaculately preserved and true to the era’s flamboyant tendencies, a few of the highlights were the full sized sauna, mirrored/marble master bath (mirrored ceiling and all!) AND my personal favorite…a built-in lounge/bar located on the NW corner of the home complete with a sunken bar surrounded by comfy custom chairs and plush couches. Listing Broker- Foster Realty / MLS#274476
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Oct 7th
Categories: Downtown, Four Seasons, Luxury Properties For Sale, Madison Tower, Market Update, Real Estate News
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As of 10/3/11, the Madison Tower/Hotel 1000 Penthouse entered mutual acceptance and is set for closing in early November!
Should the 3bd/2.5ba, 3010 SF home close as expected, the sale will be the highest price per square foot since the October 2010 sale of Four Seasons #2000 at $1,191.66 psf. More details to follow, click here to see the current listing! |
Oct 6th
Categories: Belltown, Cristalla, Market Update, Real Estate News, Rentals
Sep 29th
Categories: Belltown, Condominiums, Market Update, Real Estate News
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| This spacious & bright loft is perched on the 7th fl facing directly S featuring spectacular city & sound views! Offering a private balcony, wall-to-wall windows w/stylish treatments, concrete accents & updates including stainless appl, wood flooring & custom built-ins- this home is a must see! The Klee is a full-service building in the heart of Belltown, just two blocks from the Sculpture Park, a short walk to Pike Place & moments to Belltown restaurants/nightlife- in the heart of it all!
MLS #225864 |
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Nov 18th
Categories: Market Update, Real Estate News, Rentals
Check out this article! Seattle came in #2 for the best place to rent…-Ash
Miami: BUY ($229,293 average list price)
Manhattan: RENT ($3,742 average monthly rent)
Detroit: BUY ($142,154 average list price)
Seattle: RENT ($1,654 average monthly rent)
Jacksonville: BUY ($118,178 average list price)
Arlington: BUY ($67,518 average list price)
Fort Worth: RENT ($924 average monthly rent)
Omaha: RENT ($870 average monthly rent)
Columbus: BUY ($112,691 average list price)
Kansas City: RENT ($1,028 average monthly rent)
Nashville: BUY ($202,368 average list price)
San Diego: RENT ($1,759 average monthly rent)
Mar 26th
Categories: Ballard, Capitol Hill, Featured Properties, First Hill, Greenlake, Luxury Properties For Sale, Market District, Market Update, New Construction, Real Estate News
Just in!
MARKET DISTRICT – Fifteen Twenty-One Second Avenue
- William Justen hosted an agent seminar on Tuesday, March 23 and presented “The Value of View†(Click here for more details)
-Â New video building tour online (Click here to view)
-Â New interviews with William Justen (Click here to view)
-Â New interviews with Tom Parsons (Click here to view)
- In celebration of recent LEED “Silver†certification, all new home sales before April 30, 2010 will include a Smart ForTwo vehicle (Click here for more details)
-Â 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 34th floor) (Click here to view)
- Open house this weekend (Noon – 4pm)
-Â Homes start at $1.1 million
-Â Now more than two-thirds sold and occupiedÂ
FIRST HILL – The Decatur
- Offering “Double the Tax Credits†up to $16,000 (select homes) for sales before April 30
-Â Up to 35% off original list prices
-Â Home start at $184,950 or just $859 per month (see agent for details)
- FHA approved –just 3.5% down payment!
-Â Phase II sales release happening now
-Â New video building tour online (Click here to view)
-Â Now more than two-thirds sold and occupiedÂ
CAPITOL HILL – Eleven Eleven East Pike
-Â Up to 25% off original list prices
- FHA approved –just 3.5% down payment!
-Â Home start at $244,950 or just $1,127 per month
-Â Â Full sales release now availableÂ
-Â New video building tour online (Click here to view)
-Â Now 50% sold – only 13 homes remain!Â
BALLARD – Hjarta
- Bulk Sales Event – March 27 & 28 (Noon – 5pm)
-Â Up to 35% off original list prices
-Â Home start at $274,950 or just $1,154 per month
- FHA approved –just 3.5% down payment!
- Phase one sales release Â
GREENLAKE – Florera
- Bulk Sales Event – March 27 & 28 (Noon – 5pm)
-Â Up to 35% off original list prices
-Â Home start at $244,950 or just $1,028 per month
- FHA approved –just 3.5% down payment!
-Â Phase one sales release
Jan 13th
Categories: Market Update, Rentals
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Madison Tower #1501 2bd/2ba $4000 per month RENTED 12/09 2 bedroom + den, 2.5 bath condominium located on the most desirable SW corner of the 15th floor. Offering nearly 1750 SF, this home feature unobstructed views of the Olympic Mountains, Puget Sound/Elliott Bay, Mt. Rainier and city skyline throughout. All hotel amenities at your fingertips including room service, a full-service spa, exercise room, library, meeting/conference rooms, state-of-the-art virtual golf system, residences-only roof top deck and valet parking. Monthly rent includes water, sewer, garbage and gas! |
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The Pomeroy 2bd+den/2ba $2350 per month RENTED 1/10 Absolutely stunning 2 bedroom+ den/ 2 bath condo with unobstructed Elliott Bay views! Offering nearly 1325 square feet, this well-appointed custom home features a large, open kitchen that overlooks the living and dining areas, tons of storage space (walk-in closet and utility room with a sink/additional cabinetry), a beautiful master suite with a spa-inspired five-piece bath (jetted tub & stone shower), and views of the city and sound showcased in every room. Immaculate detailing and finishes include a chef’s kitchen with maple cabinetry, granite countertops, and stainless appliances with a gas stove; hardwoods throughout, tile accents and flooring in the bathroom and carpeting in the master bedroom; gas fireplace with custom built-ins in the living; designer paint tones throughout and a glass-enclosed home office. |
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The Pomeroy #403 Open 1bd+den/1ba $1395 per month RENTED 12/09 4th floor open 1 bedroom + den/ 1 bath loft! This contemporary home features over 650 SF of living space with a very well-appointed floorplan offering tons of storage space, a wall of windows, a raised bedroom and den nook- perfect for a home office! Finishes include a chef’s kitchen with maple cabinetry, granite countertops, and stainless appliances with a gas stove; hardwood floors throughout; tile in the bathroom; A/C and tons of charm. Includes water, sewer, garbage, parking and storage! |
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98 Union- (Furnished) 1bd/1ba $1475 per month RENTED 1/10 Spacious and fully furnished, 6th floor 1 bedroom/ 1 bath! Situated on the 6th floor facing east, this home offers the flexibility of a short or long term stay while providing all the essentials of corporate housing. With nearly 780 square feet and a very unique floorplan, you will be able to observe the bustling city below from the living and dining room and escape to a peaceful bedroom retreat hearing only the courtyard water-feature. Actual furnishings are shown in the photos and include a brand new leather sleeper sofa, dining table/chairs, entertainment hutch, queen size bed and more! Water, sewer, garbage, basic cable, WIFIÂ and parking included. |
Sep 27th
Categories: 1111 East Pike, Belltown, Brix, Capitol Hill, Condo Auctions 09, Escala, Fifteen Twenty-One, First Hill, Market District, Market Update, Midtown, New Construction, Real Estate News, The Decatur, The Gallery
WOW- what a weekend for our condo market! I just received this recap from Realogics….
It was certainly an exciting weekend in our marketplace despite competition from sunny skies and a Seahawks game. Of course, the much-anticipated auctions by Schnitzer West for Gallery and Brix occurred. And we kicked off some initial promotions for Condo Bulk Buy by offering advance previews for two participating projects – The Decatur and 1111 East Pike. Last (but certainly not least), we hosted a unique open house and art walk at Fifteen Twenty-One Second Avenue, which followed a series of events at that property.
Here’s our take on all this activity:
SCHNTIZER WEST AUCTIONS
o      Impressive sell-through of the strategic unit release followed (no doubt) by additional sales at similar (or higher) pricing over the coming weeks
o      In aggregate, units sold at 30-32% below previous list prices (higher than most anticipated)
o      Accelerated Marketing did a great job facilitating the auction with successful bids averaging 150% of the minimum bid amount (one of their better results)
o      Tom Vetter (principal of Accelerated Marketing) was gracious to host several of our Realogics executives for this demonstration
o      Several hundred participants attended today and more than a thousand prospective buyers visited their two sites over the last month – so it would appear that demand is constant
o      Buyers still feel like “first responders†in this marketplace and want a deal to pull the trigger (they got one)
o      I’ll be interested to follow the unsuccessful bidders in the coming weeks – the supply has just become much more finite and the incentives for buyers are present today but not indefinite (no new inventory has entered the market for two years and won’t for a while)
CONDO BULK BUY
o      Thinks are heating up – our alternative to auctioning inventory is making sense to prospective buyers and we’re garnering very positive feedback so far
o      Our sellers acknowledge their likely auction results and are willing to provide that discount now in bulk (provided they are successful in selling the majority of their release)
o      Buyers love the notion of “The More We Sell, The More You Save†– prices start out great and get even better
o      With Nov. 30 quickly approaching (and the discontinuation of first-time homebuyer tax credits), buyers want to be confident in their home and their value – there’s a risk at auctions (ask those that missed out tonight – now what?)
o      We’ve had more than 100 prospective buyers register in the last week alone
THE DECATUR
o      About 60 buyer groups registered this weekend in response to impromptu ads and recent media attention
o      Agents say “multiple†buyers will make a reservation this week – just as soon as price ranges and agreements are firmed up by the seller
o      Buyers noted that average discount offered at recent Seattle-area auctions range from 25-30% off previous list prices – the bulk sales approach offers up to 35% off
o      Unit prices on average are still more than $100K less than Brix’s reset auction prices and price per foot basis is 20% lower using the bulk approach
o      Watch for website updates this week
1111 EAST PIKE
o      Several dozen “preview†tours this weekend – full marketing push coming soon with building completion pending
o      Upon touring, buyers to recognize the significance of the “original†Tom Kundig design concept versus more production-oriented development (it’s all about the design and details)
o      First release bulk pricing averages about $430 per sq. ft., which is less than a 10% premium to the average Brix auction price (not a bad investment considering the preferred Pike St. location and “collectable†design)
o      Watch for website updates this week
FIFTEEN TWENTY-ONE SECOND AVENUE
o      Several hundred folks came through the model homes and the Canlis Glass penthouse art installation over this past week and weekend
o      More than a dozen were identified as “A†or “B†prospects (signaling their intent to buy soon)
o      At least one qualified offer was presented this weekend (more sales anticipated this week)
o      Buyers are starting to feel more urgency where there is limited inventory for preferred price points or floor plans
o      The opportunity to “sleep on it†was provided to a number of prospective buyers, whereas a completely furnished, two bedroom guest suite is offered for overnight stays to experience the unique lifestyle at the property
There’s certainly some excitement in the air. The next few weeks will likely be the harbinger of the fall condo sales season. I personally feel that many buyers will jump off the fence and pick a seat over the next 60 days. Most projects that are in need of a reset (and not all are), will be reset. And with the appropriate incentives in place, preferred selection, low interest rates and perishable tax credits may have more to do with “timing the market†than waiting around for lower prices still.
- Dean Jones, President / C.E.O.
Realogics
To add to the excitement- I visited the Escala sales center this weekend and they had 3 sales just in the last week! Final walk-throughs will be scheduled for the end of October and closings should start in November…the building is looking beautiful! More updates to come…
Apr 15th
Categories: Condominiums, Cosmopolitan, Four Seasons, Live2200, Madison Tower, Market Update, Real Estate News, Rentals
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Four Seasons Private Residences Experience the unique five-star lifestyle of living in the heart of downtown. Facing directly west, phenomenal front row views of Elliott Bay, The Olympic Mountains and Northwest Islands are showcased throughout. Offering 2 graciously sized bedroom suites, a large home office and a guest bath with over 2250 interior square feet and 600 square feet of private outdoor space- truly a one of a kind floorplan, perfect in everyway! Meticulous custom detailing around every corner, with the finest quality craftsmanship and an unsurpassed level of finishes offered on the market to date. Lavish upgrades include two television mirrors in the master and guest bathrooms, built-in wine cellar and espresso machine, lighting and shade control, custom Sycamore cabinetry and desks, wide plank hardwood flooring, natural stone entry and a home audio system. $10,500 per month: RENTED 4/09 |
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Four Seasons Private Residences #1705 Available April 1st: Experience the unique five-star lifestyle of living in the heart of downtown at the Four Seasons! On top of the world and located on the southeast corner of the 17th floor, this breathtaking 1bd+den/1.5ba home features fabulous, one-of-a-kind city views throughout. Offering over 1300 SF of living space, a spacious master suite, open kitchen with tons of storage space, a large home office, guest bathroom and private balcony- simply stunning in everyway! $5,000 per month: RENTED 5/09 |
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Live2200- Aria #1205 12th floor west-facing 2 bedroom/ 1 bath with beautiful views of the city, Space Needle, Olympic Mountains and Sound! With over 1250 sq. feet, this condo has a very unique and spacious layout featuring an entry, large enough to accommodate an office area, gorgeous floor-to-ceiling windows in the living and dining rooms, walk-in closets, a large balcony, plenty of storage space throughout, and air conditioning. This condo is fully equipped with stainless steel GE appliances with a gas stove and built-in microwave, there is granite counter tops and an island in the kitchen, tile and granite in the bathroom and shower, Santos Mahogany hardwood flooring throughout with carpet in the bedrooms, dark cherry stained maple cabinetry with dark glass backsplash in the kitchen and designer colors in every room. This unit is located in the Pan Pacific Hotel & Whole Foods building- Aria, making life even more pleasurable and convenient! $2550 per month: RENTED 4/09 |
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Market Court #412 One of a kind, 2 bedroom/ 2 bath terrace townhome with over 1400 SF! Surrounded by a Zen-like setting, this home is a private oasis amongst the city hustle with southwest exposure, two large Euro-tiled patios and tranquil views of the lush gardens below. Both levels offer 10’ceilings, large windows, French doors, tons of storage space and are joined by a very ornate spiral staircase. The upper level accommodates 2 bedrooms, 2 full bathrooms, an open kitchen, a spacious living area and formal dining room; the bottom level has an extra bedroom, full bathroom, laundry area, and a craft/recreation room. Finishes include luxurious hardwood floors, rich custom wood cabinetry and doors, granite slab and stainless countertops, premium stainless appliances and wood detailing throughout. $2495 per month: RENTED 5/09 |
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Madison Tower & Hotel 1000 #2104 Available January: Spacious and luxurious 21st floor 1 bedroom + den/ 1.5 bath condo. This unit is situated on the northeast corner of the building on the 21st floor and has spectacular views of the city and peek-a-boos of the sound. It features top of the line stainless steel appliances, granite counters, video phone system, Whirlpool front-load washer and dryer, hardwood floors throughout, gas fireplace and stove, custom cabinetry and desk and a large deck. Water, sewer, garbage, gas, cable TV and storage are included! $1995 per month: RENTED 5/09 |
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The Cosmopolitan #2004- Fully Furnished Exquisitely furnished, 20th floor, 2 bedroom/ 2 bath condo with views of Lake Union! This unit is situated on the southeast corner of the building and flaunts a designer?s touch, from the furnishings and paint colors to the accent pieces and ambiance. Views of Lake Union can be seen from the living room and master bedroom and the flow of this particular floorplan provides enough room for a full living area, designated dining space, entertainment/breakfast bar and a workstation. The bedrooms comfortably accommodate Queen-size beds, there is plenty of storage space throughout and tons of light! $2300 per month furnished: RENTED 5/09 |
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Taylor Townhomes- Brand new and gorgeously appointed 4 bedroom + den/ 2.5 bathroom homes with over 2200 square feet of living space. These impeccable townhomes are boasting with natural light and feature wide plank oak floors; in-floor radiant heat; gourmet kitchens with granite slab countertops, top of the line stainless appliances with gas ranges, custom cabinetry, designer tiles and mill work; vaulted ceilings and lofted spaces; oversized master suites with sitting areas, five-piece master bathrooms and spacious bedrooms; gas fireplaces; tons of storage space throughout; pendant and accent lighting; private balconies; attached private 2 car garages and individual security systems! $2695 per month: RENTED 5/09 |
In affiliation with Pointe3 Real Estate - 3509 Fremont Ave N, Suite 300 Seattle WA 98103
