Wow! If you were thinking about purchasing a property in or near the quickly changing South lake Union area, then you might want to pay attention. Buy that Seattle condo while you can still afford it in this area!!!! Downtown Seattle condos, South Lake Union condos, and anything else close to the Denny Triangle – it will ALL be positively impacted by this piece of news. Combine this with the lowest mortgage interest rates in recorded history and it is pretty much a no brainer. Whether you are interested in a starter first time buyer condo or a high end luxury Seattle condo, this news will impact prices – maybe daily.
We ARE at the bottom and although recovery is a longer projection than any of us would prefer, recovery is in the cards.
Amazon to buy Denny Triangle property; plans 3 big office towers
In one of Seattle’s biggest real-estate deals in years, Amazon.com has agreed to buy three blocks from Clise Properties and plans to build a 1 million-square-foot office tower on each.
Clise Properties has been known for huge holdings in the Seattle area and the Clise family has historically been slow to let them go, so this Amazon news is big! These properties have been owned by the Clise family for decades and according to the article in the Times:
preliminary paperwork has been filed with the city to build a 1 million-square-foot office tower on each of them.
BIG NEWS FOR DOWNTOWN SEATTLE!!!
Call me if you want to get out there and see some of my favorites on the market (and some off the market currently with little to no competition from the smart buyers that will respond to this one) courtney@courtneycooper.com 206-850-8841
When looking at the Downtown Seattle Luxury Condo Market, 40 of the above Downtown Seattle condo sales were sold with a final sales price of over a million dollars. Here are the stats on those Downtown homes:
Listing Count : 40
Downtown Seattle Luxury Condos Price Stats:
High $3,167,440
Low $1,017,000
Median $1,500,000
Averages on Downtown Seattle Luxury Real Estate:
Square feet: 2,148
Dollar per Sq foot: $767.54
$/SqFt: $767.54
CDOM: 159
OP: $2,344,125
LP: $1,813,250
SP: $1,640,237
Here is a PDF of all of the Downtown Seattle Luxury Condos that have sold in 2011:
Let us know if you are interested in checking out some of the Downtown Seattle real estate? If you are interested in selling your Downtown Seattle Luxury condo home, then let us show you the market stats and also the competition out there so that we can work together to price your home for a quick and profitable sale. – Courtney Cooper, Seattle Realtor, 206-850-8841 courtney@cooperjacobs.com
Looking at closed sales of Downtown Seattle condos from 01/01/2011 to 12/31/2011, there were 212 SOLD Downtown Seattle condos when pulled up by area 701 with Downtown being the community. Here are some of the numbers and stats for Downtown Seattle Real Estate:
Downtown Seattle Condos That Sold and Closed in 2011 – Here Are The Prices:
Obviously, there are a lot of different types of Downtown Seattle condos for sale that sold this last year. There were many entry level condos that also shared the spotlight with 40 Downtown Seattle luxury condos that sold for over a million dollars.
Let us know if you are interested in checking out some of the Downtown Seattle real estate? If you are interested in selling your Downtown Seattle home, then let us show you the market stats and also the competition out there so that we can work together to price your home for a quick and profitable sale. – Courtney Cooper, Seattle Realtor, 206-850-8841 courtney@cooperjacobs.com
Click on any of the Downtown Seattle condos for sale below – This page has all listings from all Seattle real estate companies and is current from information swept from the NWMLS for changes every 15-20 minutes. You can find all Downtown Seattle real estate here including Downtown Seattle view condos and even some Luxury Downtown Seattle Waterfront property for sale.
Downtown Seattle Real Estate in Seattle WA – Find Downtown Seattle Condos For Sale
As I ponder the many beautiful sights in Seattle, I am reminded of images of Mt. Rainier on a crisp clear day, the Space Needle shining high over Seattle’s landscape, the historic Pike Place Market overflowing with energy and excitement, tranquil sunsets gleaming over Lake Union, and the EMP building which hosts biographies of famous pop stars (Experience Music Project)….(actually, Seattle’s EMP structure may be an eyesore to most, but it is noted as an architectural masterpiece…a tangled architectural masterpiece in my book). Who would’ve ever imagined that garbage could be included in these fine list of sights? Art made from used plastic bottle caps? Okay, so maybe I’m over exaggerating on the scenic part, but certainly not on the concept. In the decade we live in recycling, built green homes, and conservation has been a top priority on many agendas. But apparently, not all products are wanted by recycling plants. Bottle caps, for one, can often get wedged into conveyer belts presenting problems on the machinery. So, what do we do with all of the plastic bottle caps? Relive our college days and play an endless game of caps? Trenton Doyle Hancock had a solution….call it a vision. To breakdown all of the unwanted plastic bottle caps and to create works of art. If you’re in the Belltown area, near Sculpture Park, take a gander in the PACCAR Pavilion. In the Pavilion, there is a large image of a creepy weathered hand created from broken down bottle caps of all colors. It’s no Mona Lisa, but it is inspiring to see how garbage can be created into works of art. Below his piece, there are bins that you can contribute your used plastic bottle caps in, so it too can be turned into works of art. (The Pavilion is open to the public from Tuesday-Sunday from 10 a.m. to 5 p.m.) Belltown, a community filled with endless amenities, fine dining, thrill and excitement, now adds it’s own mini recycling plant to its repertoire. Time to save those plastic bottle caps!
An important aspect about purchasing a condo is the resale certificate. A resale certificate
contains by-laws, conditions, covenants, and restrictions (CC&R’s). If you are purchasing a condo, and you achieve mutual acceptance (that’s when the contract is executed), you will then receive a large packet of information regarding the complex. This packet will contain information on by-laws, CC&R’s, occupancy rates, and cash flows, etc. If it is a conversion…(an apartment that was
converted into condos), the resale certificate is called a public offering statement. It will contain the exact information in a resale certificate, except it will not include a reserve account or a history of cash flows because there are none since it was previously rented. When you receive either the resale certificate or p.o.s. you will have five-seven days to review it. (Five for the resale certificate and seven for the p.o.s.) During this period, you can walk away from the contract for any reason at all and have your earnest money returned to you. It really is a huge part of the contract and it is for your protection. For example, if you are in contract for a unit and you have pets, but inside the
resale certificate states that no pets are allowed, then as long as you get out of the contract before the fifth/seventh business day after mutual acceptance the contract will be void and your earnest money will be returned to you!
– Mark Osaki, Seattle Condo Realtor, Cooper Jacobs Real Estate,206-851-2953, mark@cooperjacobs.com
The numbers are in for January and here is a summary for what is happening with Downtown Seattle real estate – Obviously, the inventory has increased significantly in January, but there were also 55 sales that closed and another 24 that went pending.
Let us know if you have questions about buying or selling condos in Downtown Seattle – there are different factors with each building and it is important to talk to a Downtown Seattle Realtor who can help guide you through the process.
The Seattle Waterfront is in for some changes, but the city would like your opinion. From their site:
“On January 19, the Elliott Bay Seawall Project held an open house to share ideas about where the replacement seawall could be located. Take a look at the videos and images below to learn about opportunities and challenges in each zone. Please note that only the introduction video has sound.
Afterward, we’d like to hear from you. Share your thoughts about where the wall should be placed by February 8, 2011. Your comments will help the project team develop alternatives and work toward announcing preferred alternative(s) in April 2011.”
The plans and drawings are quite detailed and cover many different areas along the Seattle waterfront.
Union 98 Overlooking The Puget Sound Seattle Waterfront
98 Union is in the best location you can ever imagine in Downtown Seattle!
This is the most perfect location in Downtown Seattle and what you have been looking for – Enjoy Pike Place Market right next door (but also from an entrance in 98 Union without ever having to step outside), plus live across the street from some of the best of the best of Seattle including SAM (The Seattle Art Museum) and The Four Seasons plus close to Benaroya Hall. Unbelievable 98 WalkScore (Transit Scores 100 w/ highlights such as Link Light Rail close by).
If the location wasn’t enough to make you want to live here, then come see the amazing interior. Your private window on historic Downtown Seattle which has been completely remodeled & updated in the last few months! This comfortable and stylish in city condominium has an open one bedroom floor plan with closet organizers and other thoughtful details. Upscale appliances all included, stone counter tops in high end kitchen, laundry room, pantry, new flooring, limestone counters and floors in bath, parking, storage, and more in a secure building with doorman and easy access in and out of the city. A perfect in city home or Downtown Seattle get away!
$295,000
For a private showing or Downtown Seattle condominium tour:
Courtney Cooper
206-850-8841 courtney@cooperjacobs.com
