MLS Watch: Lofts, Big Reductions

1310 E Union

#202 is down to $800,000.

2200

Someone sent me a photo of a notice of default for a 2200 unit.

Belltown Lofts

Need a 790 square foot modern space with commercial kitchen? Check out 66 Bell St #4 for $300,000.

Avalon

Need a cozy small space in Lower Queen Anne? Check out 22 John St #38 for $189,000.

Bay Vista Tower

Yet another big unit is on the market in need of remodeling. Only $1,774,950 for nearly 2,600 square feet.

Eastlake Lofts

#205 is on the market for $495k it was originally purchased for $459k.

Eleven Eleven

Here’s a shot of 111 E Pike that I took from my window two days ago:

Millennium Tower

The Millennium Tower penthouse, which is still a 10,000 square foot shell, that sold for $4 mil in 2004, just had a $2 mil price reduction to $8 mil.

The 17th floor SE corner unit is also down in price to $1,595,000. Almost at it’s initial 2003 price of $1,500,000.

Rollin Street

Ben visited Rollin Street and has written up his impressions since Vulcan absurdly doesn’t allow photos:

To me, the layout as well as the sterility of the exposed concrete walls and ceilings were quite reminiscent of Mosler Lofts. The decks seemed a bit too narrow, probably wide enough for potted plants and a bistro set, but not much else. The “shotgun” units on the alley side don’t seem receive a lot of ambient daylight, mostly due to the depth of the units, something to keep in mind if you like bright and airy living spaces.

Trace Lofts

My neighborhood is selling #308.

Trace Lofts unit #308

About Matt Goyer

I love condos, lofts, floating homes, new construction and mid-century moderns so much so that since starting this blog in 2006 I've written over 2,000 blog posts about them!

For years I resisted becoming a real estate agent preferring to be a marketing executive at Redfin but after leaving Redfin (after seven years!) I caved in the spring of 2014 and became a broker. So if you need help finding that "Urbnlivn-style" place or selling your home email me at matt@urbnlivn.com, I'd be happy to help you.

Prior to Urbnlivn and Redfin, I worked at Microsoft after graduating from the University of Waterloo with a Bachelor of Mathematics with a major in computer science.

You can also find me on Twitter, @MattGoyer, or LinkedIn.

  • jeff

    Uhm, yeah a lot of of those are still not lofts =)

  • jeff

    Uhm, yeah a lot of of those are still not lofts =)

  • Matthew

    That 300k belltown unit actually looks pretty reasonably priced, not the best location in the world but the unit looks nice.

  • Matthew

    That 300k belltown unit actually looks pretty reasonably priced, not the best location in the world but the unit looks nice.

  • http://twitter.com/mattgoyer mattgoyer

    @jeff in today’s marketing speak flat == loft.

    @Matthew yeah, it is a very reasonable price relative to what else is on the market.

  • http://blog.mattgoyer.com Matt

    @jeff in today’s marketing speak flat == loft.

    @Matthew yeah, it is a very reasonable price relative to what else is on the market.

  • Jason

    Another Bay Vista unit, previously seen here, just had a huge drop.

    2821 2nd Ave #1102
    Seattle, WA 98121
    MLS#: 28146158

    The list price was “$1,899,905″ and changed to “$1,299,900″

  • Jason

    Another Bay Vista unit, previously seen here, just had a huge drop.

    2821 2nd Ave #1102
    Seattle, WA 98121
    MLS#: 28146158

    The list price was “$1,899,905″ and changed to “$1,299,900″

  • uptown

    “That 300k belltown unit …”

    Can you say Viaduct? Actually, it will probably be worth more than that once the Viaduct replacement is in place. You (or your tenant) would still have to live with the de-construction of the old and then the construction of the new.

  • uptown

    “That 300k belltown unit …”

    Can you say Viaduct? Actually, it will probably be worth more than that once the Viaduct replacement is in place. You (or your tenant) would still have to live with the de-construction of the old and then the construction of the new.

  • ADS

    That bay vista unit drop shows how ridiculous price appreciation was/is in downtown. A 30% drop? Wow, if the dumb seller had it at that price he might have gotten rid of it by now. Good luck!

  • ADS

    That bay vista unit drop shows how ridiculous price appreciation was/is in downtown. A 30% drop? Wow, if the dumb seller had it at that price he might have gotten rid of it by now. Good luck!

  • Matthew

    With a 5.1 billion dollar budget deficit I don’t think the viaduct is getting replaced in the next decade or so.

    Like I said before, the location is less than ideal, but the unit is nice.

  • Matthew

    With a 5.1 billion dollar budget deficit I don’t think the viaduct is getting replaced in the next decade or so.

    Like I said before, the location is less than ideal, but the unit is nice.

  • jcricket

    The $5.1 billion shortfall won’t end up stopping big road projects. I bet it pushes the surface + transit options to the top of the pile, as they are 1/3 to 1/4 the price of the other options and can be done twice as fast.

    The passer-throughs will bitch and moan, but that’s what will happen.

    And 520 and I90 will be tolled to pay for the new 520.

  • jcricket

    The $5.1 billion shortfall won’t end up stopping big road projects. I bet it pushes the surface + transit options to the top of the pile, as they are 1/3 to 1/4 the price of the other options and can be done twice as fast.

    The passer-throughs will bitch and moan, but that’s what will happen.

    And 520 and I90 will be tolled to pay for the new 520.