Nicholas Court Condos at 15th and Union

Thanks to Marce for the heads up on, 1413 15th Ave #1. It’s a $700k, 1,262 sq. ft. townhouse at 15th and union:

29072803 2 Nicholas Court Condos at 15th and Union

29072803 3 1 Nicholas Court Condos at 15th and Union

Marce had this to say:

Here’s an article on the architect, Seeing The Light | Architects at home. I think this would be a rare example of someone closing in this time period who could sell now without a loss. These are rarely on the market long. The three single bedroom units that have sold in the last four years had an avg. DOM of 6.6. And the photos don’t do these units justice. They are one of the very rare examples of nicely done townhomes. Good layout + light (+ light industrial look & feel) = Yay for good design in Seattle!

The seller certainly enjoys DWR :).

About Matt

Matt , Urbnlivn's publisher, has a love for lofts with industrial features and new construction condos that is only eclipsed by his passion for outdoor sports and urban living. Phrases such as “polished concrete” and “exposed brick” are music to his ears. You can also find Matt on Twitter or skiing.

  • Madoff1000

    Nice places, but I'm not sure I agree with the realtors optimism. Look at how many modern homes are unsold on the inner city market right now in the $1m price bracket.

    e.g. MLS 28197552 in Queen Anne is $1.195m for a much larger, non condo modern property and it's been sitting on the market since Dec 2007 with a huge markdown.

  • stone

    These are great places and the location is really good, however negotiations would be in order. I think they will hang out longer than six days and/or, the price would be negotiated downward but still at a comfortable margin for the owner. I don't see a “loss”, but I don't if the expectation of that appreciation level or return in the current market holds water. I can only imagine that they used the nearby gProject townhomes as comps, however the green bells and whistles and other attributes of those would not make them a good comp. Who knows, maybe it will be sold by the end of the weekend.

  • N

    these were designed/built by a great local architect. And the location is awesome. Too bad the new “Hi, I'm Chloe” apartment building is blocking their western views and afternoon sun

  • Marce

    My comment about the folks being able to sell now w/out a loss was with respect to the 1 bed units. Those were sold between $300-$360K back in '05-'07.
    This one, well, we'll see how things go for the seller at this price point.

  • Marce

    My comment about the folks being able to sell now w/out a loss was with respect to the 1 bed units. Those were sold between $300-$360K back in '05-'07.
    This one, well, we'll see how things go for the seller at this price point.

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