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 sold quickly on Capitol Hill.
#106 at 19th Ave Lofts last sold for $474K in 2005, foreclosed for $386K in July of this year, and was back on the market within a month for $275K. The 1,279 square foot loft ended up selling for $300K last week — about 37% below its 2005 price.
Originally purchased in 1989 for $350K, a 3-bedroom, 2.5-bath condo at Continental Place sold last week for $790K — just $9K below what it listed for at the beginning of September. Continental Place was built in 1981 and, unfortunately, we’re left wondering if #2601 saw updates that came close to the (still available) studs out remodel we noted in July?
A 1,400 square foot townhouse went pending in 3 days when it was listed for $415K at the end of September. Turns out the 3-bedroom, 2.25 bath unit on Capitol Hill sold for $429K — $14K higher than original list.