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 |
Jun
23rd
Categories: Cosmopolitan, Madison Lofts, Real Estate News
| My post on the Cosmopolitan Penthouse Madness really stirred things up! Not only did I have showings with several clients at the building but King5 contacted me today for an interview.
The last time I spoke with the Cosmopolitan sales rep, there was only one penthouse available and a couple units on lower floors…they literally flew off the market!
I have a lot to share on this topic so email me if you have specific questions. - Ash
P.S. Don’t forget to check out the new pricing at Madison Lofts! |
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May
26th
Categories: Cosmopolitan, Market Update, New Construction, Real Estate News
I wouldn’t have caught the insane Penthouse price drops over at the Cosmopolitan if it wasn’t for a good tip (thank you!)…check out the new pricing:
#3306 (1 bedroom/ 1.5 bathroom, 1100 SF)- WAS $699,950 in 2007, NOW offered at $499,950…$454.50 per SF
#3303 (2 bedroom/ 1.75 bathroom, 1400 SF)- WAS $1,249,950 in 2007, NOW offered at $899,950…$642.82 per SF
#3405 (2 bedroom/ 2.5 bathroom, 1858 SF)- NEW ON THE MARKET offered at $999,950…$538.18 per SF
There are a total of 17 condos on the market for sale in the building, but these price drops make the Penthouses by far the best deal in town!
Nov
14th
Categories: Condominiums, Cosmopolitan, Landlord News, Lofts, Market Trends, Mosler Lofts, New Construction, Property Type, Real Estate News, Seattle Politics, The Parc
It looks like I did miss some exciting news while I was away?
NEWS
Seattle-based REIT, The Schuster Group, launched a $100 million private real estate investment fund called Schuster Realty that will focus on the Seattle area.
Zillow.com signed a real estate advertising deal with 282 U.S. newspapers through 11 major publishers
CONDOS
The Cosmopolitan Community Committee wrote a letter to Mayor Nickels
Mosler Lofts will get certificate of occupancy on the 16th of November
The Parc now has two model homes and a 360 degree tour of the units, lobby and homeowner?s lounge on their website- check it out!
Ben Kakimoto?s update for Seattle condo sales performances in October
EVENTS
IREM?s 22nd Annual Forecast Breakfast (11/29, 7:30-9:30am, Meydenbauer Center) - I really enjoyed last year?s breakfast so I will be attending again this year. Martin Selig, Mayor Degginger, Mike Scott, John Curley and Jamie Moyer are a few of the speakers this year, click here to reserve your spot!
23rd Annual TRENDS Rental Housing Management Conference and Trade Show (12/11, all day, Convention Center) - This year we are not sponsoring a booth but I will still be volunteering and attending seminars throughout the day. AGENTS: You can earn clock hours! Click here for more information.
May
16th
Categories: Corporate News, Cosmopolitan, Downtown, Featured Properties, Landlord News, Live2200, Market Trends, Market Update, New Construction, Real Estate News, Rentals, South Lake Union
This afternoon I was interviewed by Rachel Belle with KIRO News Radio. The interview was primarily aimed at the rental market and what we (being investors/landlords and renters) should expect from this point forward. It will be airing tomorrow morning if you are interested in listening.
As I have said before, summer is our busiest time of year and the market is expected to tighten as we head into June. I have had several people inquire about my listings for July and August move-ins (listings that are unfortunately available NOW), but I anticipate July is going to be the most competitive month for finding that perfect apartment or condominium.
We are finally starting to see more and more new employees coming through the corporate channels- which is typical for May and June. This will bring in new BUYERS and RENTERS to the playing field as well.
Rental rates ARE increasing but I advise those landlords who are approaching the end of their lease terms not to overzealously increase rental amounts. If you take advantage of your current tenants you could risk loosing a month of rental income plus time and money spent on marketing. Even a vacancy of a week or two can potentially set you back!
In glancing over my listings…I am down to 2 Live2200 units! The rental market has settled a bit but I still see 37 units listed for sale on the MLS. (Aria- 4, Azur- 9, Arte- 24)
The spotlight has now shifted to The Cosmopolitan. Honestly, it is getting a little out of hand with the differences in pricing, the number of units for sale/rent and the competition- the games have just started! Tomorrow I will be listing 3 more condos in the Cosmo including a penthouse (that is absolutely phenomenal) so I will have 6 total units for lease. There are currently 64 condos listed for sale on the MLS!
Obviously these buildings affect the downtown/Belltown market (as well as the owners trying to rent/sale their units) but given the forecast ahead I think everything will even out during the summer months.
Please feel free to email me with any questions or leave comments if you would like to add anything to the topic.
Apr
30th
Categories: Cosmopolitan, Downtown, Featured Properties, Market Update, New Construction, Real Estate News
To go along with my previous post, it looks like there are 6 studios in the Cosmopolitan that are below $300k. And yes, they are all 08 floor plans: 1108, 1408, 1708, 1808, 2008 & 2208!
| Each home faces directly west, offers 424 sq. ft, and has a Juliet balcony. BEWARE, some of the units do not come with parking or extra storage. *Homeowners dues are only $164. |
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You may ask- who buys these efficiency studios? Well, I have recently had clients purchase these types of condos as a secondary residence for the weekdays and then I have had others who are interested in purchasing them for weekend getaways.
Money spent in hotel rooms or traveling up to 2+ hours a day may very well make the investment worth it- you do the math.
Apr
10th
Categories: Cosmopolitan, Downtown, Featured Properties, New Construction, Real Estate News
Curious to see what the amenities look like at the Cosmopolitan?
I have updated my photos, courteously of Michelle Moore Photography, so have a peak! Overall the building is looking really nice and seems to be operating with no major problems (at least I haven?t been confronted with any just yet).
For those of you considering the Cosmopolitan to purchase or rent, you may want to check out the CosmoSeattle blog for insider information.
Apr
1st
Categories: Cosmopolitan, Featured Properties, New Construction, Real Estate News, Rentals, South Lake Union
I officially have entered the building! My first listing (for lease) is a 1310 sq. ft, 2 bedroom + den on the northeast corner of the 23rd floor. I have listed it at $3,800- it has protected panoramic views of the sound, Olympics, Space Needle and Lake Union, 2 balconies, floor to ceiling windows, a gourmet kitchen, gas fireplace, hardwoods in the entry and kitchen, a home office and timeless finishes throughout. For more details, click here. I will have another 2 bedroom in The Cosmopolitan by tomorrow afternoon listing for around $2800.
When I visited The Cosmopolitan for the first time on Friday, I was really impressed with how well put together everything was. All the common areas are intact and functioning, the hallways are painted, signs are posted on the walls and everything seems to be going according to plan. Granted the wooden elevators and plastic-wrapped flooring still need to go, but overall everyone at The Cosmopolitan did an excellent job pulling it together.
The first person closed on the 5th of March and now there are about 10-15 people occupying the building. I did a quick MLS search and it looks like 5 condos sold in March and there are currently 17 on the market ranging from $295k to $969,500.
