36 units total will be auctioned off on December 5th. All units will be open for touring 11am to 5pm daily Oct. 31 – Dec. 4.
This is a smaller building built in 1968 a few blocks northwest of Brix. It has 14 units, all of which have been recently remodeled and are going up for auction. Minimum bids range from $140k to $250k. These are one and two bedroom units ranging from 531 to 795 square feet.
This is also smaller building, only 11 units, in the north end of Ballard (technically Crown Hill) near Dick’s built in 1988. They are auctioning off six units: one and two-bedrooms ranging in size from 646 to 738 square feet. Minimum bids are $150k for the one-bedrooms, $170k for the two-bedrooms.
Sunrise on the Lake
This building does actually face Bitter Lake, which is about half a mile west of the Kmart on Aurora. The building has 39 units and was built in 1985. They are auctioning off one studio (502 sq ft) at a minimum bid of $125k, and 15 one and two bedroom units ranging from 515 to 895 square feet for minimum bids between $125k and $299k.
Full press release and pictures after the jump.
FOR IMMEDIATE RELEASE
Contact: Jeff Powell
Number: (425) 223-8589
Homes from Three Condominium Communities to Be Sold atÂ Public Auction
SEATTLE (October 29th, 2009) â€“Think of it as an earlyÂ holiday gift for serious homebuyers: One auction, threeÂ condominium communities and a savings of up to 59 percentÂ off the original sales prices. That is what homebuyersÂ will discover at an unprecedented auction on December 5.Â 36 studio, one and two-bedroom condominiums representingÂ the home collections at Avaview, Sunrise on the Lake andÂ The Summit will be sold at a public auction with minimumÂ bids starting as low as $125,000.
The auction is being coordinated by J.L. Powell AuctionÂ Company and TeamBuilder Auction Group, a specialtyÂ division of the new home marketing and sales firmÂ TeamBuilder JLS.
â€œThe auction is essentially a one-stop home buying eventÂ for homebuyers. They can choose the homes andÂ neighborhoods that best fit their needs and lifestyles,â€Â says Bill Hurme, president of TeamBuilder JLS.
â€œThis auction is a tremendous opportunity for both 1stÂ time buyers and investors to purchase atÂ once-in-a-lifetime pricing,â€ adds Jeff Powell, owner andÂ auctioneer of J.L. Powell Auction Company.
Condominium homes that will be auctioned include:
Six of the 11 homes at Avaview will be sold at theÂ auction. Located at 9056 Mary Avenue NW in Seattleâ€™s CrownÂ Hill neighborhood, Avaview offers one and two-bedroomÂ homes ranging in size from 646 to 738 square feet.Â Interiors feature stainless steel appliances, graniteÂ countertops and breakfast bars, frieze carpeting, privateÂ decks or patios and engineered hardwood flooring inÂ kitchens and entries. Just north of the Greenwood andÂ Ballard neighborhoods, Avaview is located within walkingÂ distance to the urban wildland Carkeek Park, as well asÂ grocery, restaurants and shopping. Minimum bids forÂ Avaview will begin at $150,000. For additionalÂ information, phone 206.588.3001.
Sunrise on the Lake
Sixteen of the 39 homes at Sunrise on the Lake will beÂ sold at the auction. Located at 13426 Greenwood AvenueÂ North in Seattleâ€™s Broadview neighborhood, Sunrise on theÂ Lake is set on the shores of Bitter Lake. A hidden oasisÂ in the middle of the city, Sunrise features studio, oneÂ and two-bedroom homes ranging in size from 502 to 895Â square feet. Interiors feature stainless steel appliances,Â hardwood flooring in kitchens and entries, naturalÂ hardwood cabinetry, slab granite countertops, and privateÂ decks with lake views. Minimum bids for Sunrise on theÂ Lake will begin at $125,000. For additional information,Â phone 206.588.3026.
Everything is new at this down-to-the-studs remodel. AllÂ 14 homes in the boutique building, located at 900 SummitÂ Avenue East on Capitol Hill, will be sold at the publicÂ auction on December 5th. Set in one of Seattleâ€™s liveliestÂ neighborhoods, homes are within walking distance of coffeeÂ shops, nightclubs, and parks. The one and two-bedroomÂ homes range in size from 531 to 795 square feet andÂ feature stainless steel appliances, hardwood flooring inÂ kitchens and entries, solid wood cabinetry, graniteÂ countertops, private decks and controlled access entry.Â Minimum bids for The Summit begin at $140,000.Â ForÂ additional information, phone 206.588.3066.
Throughout the month of November and up through DecemberÂ 4th, buyers are encouraged to tour the three communitiesÂ which will be open daily from 11 a.m. to 5 p.m. BuyersÂ interested in participating in the auction must complete aÂ registration form at one of the three communities, as wellÂ as be pre-approved by the sellerâ€™s designated lender. LoanÂ representatives will also be onsite to qualify buyers. SeeÂ onsite agents for additional terms and conditions of theÂ auction. In addition, a seminar and mock-auction will beÂ held on December 1st to assist buyers new to the auctionÂ buying process.
â€œWe highly encourage home buyers to walk through each ofÂ the communities so they can experience the communities,Â home designs and neighborhoods first-hand to narrow downÂ their choices,â€ says Hurme.
The auction will take place at 1 p.m. on December 5, 2009Â at the Sheraton Hotel located at 1400 6th Avenue inÂ downtown Seattle. Additional information can be found atÂ www.SeattlePropertyAuction.com
About TeamBuilder Auction Group and J.L. Powell AuctionÂ Company
TeamBuilder Auction Group has 35 years of combined localÂ market expertise and sales success. Most recently,Â TeamBuilder Auction Group coordinated the successfulÂ public auctions for LUMEN in Seattleâ€™s Queen AnneÂ neighborhood and Marcato in downtown Tacoma. ForÂ additional information, visitÂ www.teambuilderjls.com
J.L. Powell Auction Company has nearly 20 years of realÂ estate development, project finance and auctionÂ experience. The December 5th auction will mark Powellâ€™sÂ fifth residential auction in the Puget Sound area. ForÂ additional information, visitÂ www.jlpauctions.com
Avaview Living Room
Sunrise on the Lake Living Room
Sunrise on the Lake Exterior
The Summit Kitchen