inside this issue AUGUST 2014 EDITION | SALES STATS FOR JULY 2014 Featured Building 81 Vine Market Analysis Seattle area Trends & Prices Sold Listings Last Month Downtown Seattle, Queen Anne & Capitol Hill / Eastlake Featured Listing Cute Unit at the Vine 02 03 04 07 CONDO SCOOP 206.910.5000 www.stroupe.com View the 81 Vine Profile
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inside this issue
AUG UST 2014 E D ITION | SALES STATS FOR J U LY 2014
Featured Building81 Vine
Market AnalysisSeattle area Trends & Prices
Sold Listings Last MonthDowntown Seattle, Queen Anne & Capitol Hill / Eastlake
Originally built in 1914, 81 Vine was renovated in 1999 by developer and architect Carolyn Geise. During the renovation the top 2 stories were added to make the building a 5-story brick mid-rise. The building consists of only 20 units offering studio lofts, 1-bedrooms, 2-bedrooms and 2-story lofts with the majority of the homes offering the original exposed brick walls and high ceiling. The cylinder shaped sculpture near the entrance was designed by Buster Simpson and is attached to the building’s gutter system. This sculpture has bio-filtration system and was designed for residents to use to water plants growing on the community rooftop terrace.
featured building
81 vineLEGENDARY LOFTS.
ADDRESS
81 Vine
NEIGHBORHOOD
Belltown
TOTAL # OF UNITS
23 (not including commercial)
YEAR BUILT
1914
TOTAL STORIES
5
LISTING HISTORY, PAST 12 MONTHS
(From 8/1/13 to 7/31/14 )
Total # of Units Listed: 4 (units that were relisted after coming off the market are counted as one)
Total # of Unit Sales: 2 (plus zero sold subject to inspection, zero pending sales)
Currently Active on Market: 0 (as of 8/5/14)
SALES HISTORY, PAST 12 MONTHS
Average-Unit Orig. List Price: $344,950
Average-Unit Sale Price: $329,000
List / Sold Price Ratio: 95.4%
Average-Sold Price per sq/ft: $456.72
Average Market Time: 137 days
AMENITIES
A/C (Some Units), Historic, Secured Parking (Assigned – not all units)
local market activityMARKET TRENDS, PRICING AND SALES FOR THE PAST MONTH IN THE SEATTLE AREA
DOWNTOWN SEATTLE QUEEN ANNE CAPITOL HILL/EASTLAKE
Average Prices2013 2014
List $505,893 List $683,917
Sold $498,107 Sold $665,245
-1.54% Variance -2.73% Variance
Sold Listings
42
41
-2.4% Change
Average $ / SF
$489
$627
28.2% Change
Average Prices2013 2014
List $349,343 List $350,644
Sold $347,321 Sold $343,739
-0.58% Variance -1.97% Variance
Sold Listings
29
41
41.38% Change
Average $ / SF
$378
$372
-1.59% Change
Average Prices2013 2014
List $314,600 List $306,881
Sold $313,214 Sold $306,110
-0.44% Variance -0.25% Variance
Sold Listings
43
48
11.63% Change
Average $ / SF
$375
$401
6.93% Change2013July
2014 2013July
20142013July
2014
Downtown Seattle Queen Anne Capitol Hill/Eastlake
Figures reflect the average — not median — sold price for the last 12 months; large fluctuations in the average price of listings may be due to a few exceptionally priced sales affecting the overall average.
$800K
$700K
$600K
$500K
$400K
$300K
$200K
Downtown Seattle
Queen Anne
Capitol Hill / Eastlake
J A S O N D J F M A M J J2013 2014
AVERAGE SOLD PRICES FOR THE PAST 12 MONTHS, JULY 2013 – JULY 2014
ADDRESS UNIT SF $ / SF BED BATH AGE LIST PRICE SOLD PRICE
7
featured listing
cute unit at the vineBRIGHT AND BEAUTIFUL ONE BEDROOM UNIT
Relish living in this alluring unit at the Vine. Features include balcony off the living room; large kitchen w/ eating bar, pantry & gas cooking; gas fireplace; custom shower; secured parking & storage unit. The award winning Vine Building offers 1st class amenities such as 24 hour concierge, 2 guest suites, fitness room, hobby room, car wash, club room & roof top deck with stunning views. Pet friendly, walking distance to all of downtown & waterfront. Exceptional building in great neighborhood.
Schedule a Showing
ADDRESS
2607 Western Avenue, #512
PRICE
$310,000
BEDROOMS
1
BATHROOMS
1.0
PARKING
1 space (Secured)
YEAR BUILT
2002
SIZE
641 SF (per King Co. Tax Records)
HOD
$369/month
TAXES
$2,249/year (Tax Year of 2013)
BUILDING FEATURES
Concierge (Full Time), Club Room (Full Kitchen), Fitness Center, Terrace (Rooftop), A/C (Common Spaces + Some Units), Secured Parking (Assigned)
PROPERTY DETAILS
View The Vine Profile
View more Photos and Details
CLICK HERE
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featured in our next edition…
Canal StationCONTEMPORARY LIVING IN HISTORIC BALLARD
ADDRESS
5440 Leary Ave NW
TOTAL # OF UNITS
163 (entire complex)
YEAR BUILT
2007
AMENITIES
Concierge (Part Time),Hot tub (Outdoor), Sauna, Business Center, Conference Room, Club Room (Full Kitchen), Fitness Center, Terrace (Patio + Courtyard), A/C (Common Spaces Only), Secured Parking(Assigned)
This newsletter is provided to you at no charge as a continuing service from the Stroupe Group. Information is not guaranteed to be error-free and should not be relied upon. All information should be verified. Please feel free to contact us with any questions or comments. If your property is currently listed, this is not a solicitation for that listings. Each office is independently owned and operated.