One “Affordable” Unit Left At Leona

Leona has had a busy spring and summer. Erica tells me they’re at 11 closed and 2 pending, one in counter offer and 4 left. One of those five left is unit #8 at $450,000 (originally listed at $650,000). It’s a nearly 1,200 square foot one bedroom unit in a nice building (I toured it last summer).

Graph of appraisals

Current average appraisal:

$416,000

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About Matt Goyer

I'm the publisher of Urbnlivn and a real estate agent. I love lofts, floating homes, new construction and mid-century moderns but will help you buy or sell just about anything.
Get in touch to:
• Understand the market
• See homes for sale
• Sell your home

Contact Matt matt@urbnlivn.com / 206-618-1600

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  • nigera419

    The King County Record at http://www5.kingcounty.gov/kcgisreports/propert… doesn't show any sales in this building since you wrote about it last year. The last sale of the three recorded was in October 2008.

  • http://twitter.com/mattgoyer mattgoyer

    I've noticed that for a number of downtown buildings. It seems there is a lag between when something records and when it shows up in that report. I think you could check http://146.129.54.93:8193/legalacceptance.asp?c… for more up-to-the-minute recording information but my level of investigative journalism has its limits.

  • Jay

    So close…

    Click through the 'more info' link on each unit, and you'll see many of the units have been sold within the last month or so.

  • http://twitter.com/mattgoyer mattgoyer

    Ugh. If they can update the more info link why can't they update the list?

  • Begin

    Wow. Some of those recent sale prices are down 40% from what Matt posted last year. E.g. Unit 10 sold for $470k in July 2009 after being listed at $775k in October 2008 (see http://mattgoyer.smugmug.com/photos/371630307_c…)

    I bet the folks who bought at Leona in 2008 aren't too happy about that.

  • Jay

    So close…

    Click through the 'more info' link on each unit, and you'll see many of the units have been sold within the last month or so.

  • http://twitter.com/mattgoyer mattgoyer

    Ugh. If they can update the more info link why can't they update the list?

  • Begin

    Wow. Some of those recent sale prices are down 40% from what Matt posted last year. E.g. Unit 10 sold for $470k in July 2009 after being listed at $775k in October 2008 (see http://mattgoyer.smugmug.com/photos/371630307_c…)

    I bet the folks who bought at Leona in 2008 aren't too happy about that.