Archives for November 2011

Tiny & Tranquil Loft in Queen Anne

I know. Who knew this tiny and tranquil loft was tucked into the same building as Muse Coffee? It is 442 square feet and features 11′ ceilings, travertine floors, and a west-facing wall of windows that opens to a private deck. With an address of 1909 10th Ave W #104, the 1-bedroom loft is one… Read More

Home Tours for the Holidays | Dec 3

December is already starting to feel like a short month with all the merriment packed into the days that stretch from Thanksgiving to the New Year. This weekend alone offers two home tours (that I know of so far): Mount Baker Home Tour A fundraiser for Mount Baker Community Center, there are six homes being… Read More

Interesting Sales Last Week

Seattle saw 13 closed sales in the condo and townhouse markets last week. Besides yet another unit selling at Escala in the new construction space, there were these notable resales: a formerly foreclosed 19th Ave Loft, an upper floor unit at Continental Place that sold for a hair below asking, and a modern townhouse that… Read More

Malden 8 Pre-Sale Event (+ Pricing Revealed)

Two equally important announcements on the Malden 8 front: a pre-sale preview event is scheduled for Sunday, Dec 4 from 1-4PM (full details) and pricing is now available for the Capitol Hill townhomes. Prices for the eight townhouses have been set to start at $570K and range up to $610K. If you want more information… Read More

Save the Date: Urbnlivn Meetup on Dec 7

As promised, we’re locking down the details for an Urbnlivn Meetup in December! Be sure to mark your calendars for Wednesday, Dec 7 and we’ll fill you in on the rest of the details in the next few days. Whether you are new to Urbnlivn or have been with us for a while, we hope… Read More

The Marlborough Flipped in a Year For Double

From the Seattle Times, Vintage apartment building on First Hill sells at a premium. The Marlborough, an apartment, that almost converted to condos, but went bankrupt, was then bought for $12.75m in September 2010, fixed and leased up. It just sold for $26.7m. Nice work Trinity Real Estate of Seattle and Helix Funds on the… Read More

Columbia City Built Green Homes

Thanks to Marcella for the tip about this community of 5-star Built Green homes in Columbia City. The 15 modern homes by Dwell Development include: Progressive building practices and advanced energy efficient technology such as double framed walls, on-demand H2O, radiant heat floors, heat recovery ventilation, and triple glazed windows. The community is being developed… Read More

Interesting Sales Last Week

There were 27 condos and townhouses that sold last week in Seattle. Notables include one half of that splitsville double unit on First Hill and some movement with new construction condos: Marselle and Escala each sold two. Gainsborough (1017 Minor Ave #804) The larger half of this former double unit at the Gainsborough sold for… Read More

October Condo Market Report: Sales Down, Listings Down

Wow, our first October condo market report since March! Guess I didn’t want to see how much my real estate has depreciated. Let’s dive into the condo numbers for the city of Seattle: the median condo price increased 6.0% to $243,250, sales were down 9.0% to 142 sales and inventory decreased 12.7% to 842 condos… Read More

Olive 8: 65% Sold, HOAs Drop 15%

News blast early this week from Realogics announced that Olive 8 is 65% sold with 148 sales at the 229 unit project: “Olive 8 was successfully repositioned in 2011 and our sales momentum continues as buyers realize that the cost of homeownership has been greatly reduced,” says David Thyer, president of RC Hedreen Company, the… Read More

Trace Lofts Resale

Hot on the heels of selling out and having no units for sale, #405, just came on the market for $395,000 for 795 square feet (or $484/sq. ft.) The place has a good floor plan and two balconeys: But a poor location. It faces Trace North and the balcony faces Citizen (aka the Precision Tune… Read More

Open Houses This Weekend

Ah, the final weekend before we have to admit that people might have more pressing things to do like holiday gift-buying and holiday partying. Following are three not-to-miss open houses for the weekend — of 72 condos and townhouses being shown — before you get sucked into the winter/holiday vortex. Bagley Lofts (4422 Bagley Ave… Read More

Build Urban 5-Bedroom in Magnolia

Build Urban is developing those 5-star Built Green, lofty townhouses on John Street but they also built this huge 5-bedroom, 3.5-bath home in Magnolia. Listed nearly a month ago for just under $1.4M, the Built Green home features 4,415 square feet, two decks, media room, and wine cellar (in addition to everything you normally expect… Read More

H2O Apts Breaks Ground, Targets LEED-H Gold

In Lower Queen Anne, a new apartment development broke ground last Friday: H2O Apartments at 201 W. Harrison. The 6-story, 45-unit building is expected to be completed in January 2013 and is targeting a high bar: The project is targeting LEED-H Gold – making it significantly more efficient than required by existing codes – with… Read More

The Alley House 2 Prefab Has Landed

Two hours after leaving the scene and I still can’t feel my toes. That’ll teach me to show up at a “craning in” event not wearing socks on a cold November day. It took a full two hours but today Method Homes dropped their prefab components into place for Alley House 2, a LEED Platinum-targeted… Read More

Introducing Capitol Hill’s Newest “Citizen” at 1222 East Madison

You know Citizen by its address on Capitol Hill — 1222 E Madison — and by its specs: a newly constructed, 6-story building with 106 apartment units and 6,100 square feet of retail at street level. You also probably know a bit about the building from CHS Blog’s design review coverage. And now you know… Read More

House Tour of a “Mod Remodel” | Nov 20

This month’s home tour by AIA Seattle and Northwest Home is of a remodeled 1950’s rambler in Queen Anne. Designed by Blip Design, the Built Green home is distinguished by a unique, butterfly-trussed roof, Henrybuilt cabinets in multiple rooms, a slick-looking sliding barn door, and an enviable combination of stone, wood, and steel beams. When:… Read More

Untapped Potential in a Post-Viaduct World?

With the removal of the Viaduct, it seems inevitable that office and residential development will heat up along the waterfront. The Seattle Times takes a read on expectations that are already starting to form: Property values along the corridor are expected to climb when the viaduct’s din, dirt and darkness disappear. Some old buildings could… Read More

Interesting Sales Last Week

There were 23 condos and townhouses that sold last week. Five of those were developer-owned, new construction condos and we really should take a closer look at that action. It is starting to look like a parade of sold out. Matt posted yesterday that the last unit at Trace North is finally closed bringing the… Read More

Queen Anne High School Owners Get $9.4M Judgement

On Friday the PSBJ had an article about a number of lawsuits over at Queen Anne High School, Developer, insurer now at odds over $9.4M ruling on Queen Anne High School. March 2009, HOA notifies developer of issues with original windows, terra cotta exteriors and masonry September 2009, HOA sues alleging breach of contract, implied… Read More