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View The Klee Profile

inside this issue

02 Featured Building Market Analysis 03 04 Sold Listings Last Month The Klee

condo scoop

Seattle area Trends & Prices

Downtown Seattle, Queen Anne & Capitol Hill / Eastlake

07

Featured Listing Cristalla Luxury

206.910.5000 www.stroupe.com

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featured building

the klee Sublime Living. Vivid Life.

Building Facts & Stats

Address

2717 Western Avenue (two buildings) View The Klee Profile

Built in 2001 to play tribute to Paul Klee, the Klee Lofts and Suites is a mixed use property with 153 private residences and approximately 18,000 square feet of commercial space. The Klee offers three different lifestyles in one great community. Community features include a secure lobby entry that showcases an expansive glass facade, cool colors of concrete, strong geometric forms and distinctive art created by local artist Nancy Mee. You will be impressed with concierge service, state of the art fitness center, media room, secure parking and storage, plus a guest suite. Don’t miss the Klee’s courtyard with its lush landscaping. Unit highlights include large tilt-and-turn windows to allow in the bay breeze, maple cabinets, generous closet space and in-unit washer and dryer. Lofts feature dramatic ceiling heights of 18 feet of unencumbered space. Penthouses include expansive walls of windows for maximum views and light. It is easy to call the Klee home.

neighborhood

Belltown Total # of Units

153 (not including commercial) Year Built

2001 (converted in 2003) Total Stories

6 / 10 (two towers 6 / 10 + townhouses) Listing History, Past 12 Months

(From 4/1/12 to 3/31/13) Total # of Units Listed: 11 (units that were relisted after coming off the market are counted as one) Total # of Unit Sales: 9 (plus one sold subject to inspection, zero pending sales)

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Currently Active on Market: 1 (as of 6/5/13)

Sales History, Past 12 Months

Average-Unit Orig. List Price: $272,089 Average-Unit Sale Price: $273,161 List / Sold Price Ratio: 100.4% Average Market Time: 28 days amenities

Concierge (part time), Business Center, Club Room, Movie Room, Fitness Center, Patio terrace.


market analysis

local market activity MARKET TRENDS, PRICING AND SALES FOR THE PAST MONTH IN THE SEATTLE AREA Downtown Seattle

Queen Anne

Average Prices

Capitol Hill/Eastlake

Average Prices

Average Prices

2012

2013

2012

2013

2012

2013

List $511,735 Sold $497,361

List $461,044 Sold $457,236

List $295,310 Sold $290,095

List $381,783 Sold $379,448

List $322,908 Sold $320,052

List $290,168 Sold $298,874

0.03% Variance

0.8% Variance

0.88% Variance

0.6% Variance

0.88% Variance

-3.0% Variance

Sold Listings

Sold Listings

Sold Listings

65

36

51

46

31

45

-29.2% Change

-13.9% Change

-11.76% Change

Average $ / SF

Average $ / SF

Average $ / SF

$480 $491

$316 $368

$346 $386

June

2.3% Change

2012

June

+16.04% Change

2013

2012

June

11.56% Change

2013

2012

2013

AVERAGE SOLD PRICES FOR THE PAST 12 MONTHS, June 2012 – June 2013

$800K Downtown Seattle $457,236 (0.8%)

$700K $600K

Queen Anne $379,448 (0.6%)

$500K $400K

Capitol Hill / Eastlake $298,874 (-3.0%)

$300K Figures reflect the average—not median—sold price; large fluctuations in the average price of listings may be due to a few exceptionally priced sales affecting the overall average.

$200K

J

J

A

S

O

N

D

J

F

M

A

M

2012 Downtown Seattle

J 2013

Queen Anne

Capitol Hill/Eastlake

move into the current 206.910.5000 www.stroupe.com

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listings

sold listings last month Downtown Seattle Address Unit

Belltown Court 2414 1st Ave 2415 2nd Ave

720 440

SF

1065 549

$ / SF

Bed

Bath

347 437

2 1

2 1

Age List Price Sold Price

19 19

$ $

370,000 242,000

$ $

370,000 240,000

Continental Place 2125 1st Ave 1801 1233 598 2 1.75 32 $ 725,000 $ 2125 1st Ave 1702 1035 435 2 1.5 32 $ 474,500 $ 2125 1st Ave 805 700 570 1 0.75 32 $ 399,000 $

737,100 450,000 399,000

Ellington 819 Virginia St 3304 1093 499 1 1.5 6 $ 519,000 $ 819 Virginia St 2903 820 537 1 1 6 $ 425,000 $ 819 Virginia St 1703 820 459 1 1 6 $ 350,000 $ 819 Virginia St 2407 800 431 1 1 6 $ 359,500 $

545,000 440,000 376,000 345,000

Enso 820 Blanchard St 1407 1279 542 2 1.75 4 $ 712,000 $ 820 Blanchard St 501 909 523 1 1 4 $ 475,000 $ 820 Blanchard St 604 685 537 1 0.75 4 $ 357,000 $

693,750 475,000 368,000

Escala 1920 4th Ave 2303 1878 692 2 2.5 4 $ 1,299,000 $ 1,299,000 1920 4th Ave 2308 1607 653 2 2 4 $ 1,049,000 $ 1,049,000 1920 4th Ave 1102 1607 549 2 2 4 $ 899,000 $ 882,000 1920 4th Ave 406 952 503 1 1.5 4 $ 479,000 $ 479,000 1920 4th Ave 1109 910 511 1 1.5 4 $ 459,950 $ 465,000 Fifth Avenue Court 2132 5th Ave 307 368 318 0 1 18 $ 129,900 $ 2132 5th Ave 1 585 190 1 1 18 $ 110,000 $

117,000 111,000

Harbor Heights 2621 2nd Ave 1701 1140 414 2 2 33 $ 470,000 $ 2621 2nd Ave 1202 862 319 1 1 33 $ 265,000 $

472,000 275,000

Marselle 699 John St 509 642 405 0 1 4 $ 259,990 $ 699 John St 209 648 401 1 1 4 $ 259,950 $

259,990 259,950

Olive 8 737 Olive Wy 3802 1586 794 2 2 4 $ 1,260,000 $ 1,260,000 737 Olive Wy 2201 689 602 1 1 4 $ 495,000 $ 415,000 Site 17 2504 Western Ave N-523 588 296 1 1 15 $ 168,800 $ 2440 Western Ave 412 548 246 0 1 15 $ 134,900 $

173,800 134,900

Vine 2607 Western Ave 201 1212 392 2 1.75 11 $ 470,000 $ 2607 Western Ave 360 914 456 2 1.75 11 $ 424,000 $ 2607 Western Ave 1108 809 439 1 1 11 $ 359,950 $ 2607 Western Ave 117 814 356 1 1.5 11 $ 279,950 $

475,000 417,000 355,000 290,000


listings

sold listings last month downtown seattle (continued) Address Unit

SF

$ / SF

Bed

Bath

Age List Price Sold Price

Other Properties 2821 2nd Ave 2003 1318 588 2 1.75 31 $ 799,000 $ 66 Bell St 102 1685 356 2 1.5 105 $ 599,000 $ 87 Virginia St 7 575 1,035 0 0.75 35 $ 595,000 $ 121 Vine St 2003 1068 515 2 1.75 24 $ 578,000 $ 76 Cedar St 1202 1269 433 2 2 5 $ 575,000 $ 1107 1st Ave 1206 1015 468 2 2 30 $ 485,000 $ 98 Union St 503 969 464 2 1.75 28 $ 449,950 $ 2716 Elliott Ave 301 1054 408 1 1.75 10 $ 439,000 $ 900 Lenora St 303 720 496 1 1 7 $ 370,000 $ 2911 2nd Ave 813 603 539 1 1 4 $ 339,800 $ 2929 1st Ave 618 603 496 1 1 13 $ 299,000 $ 2015 Terry Ave 214 708 388 1 1 9 $ 275,000 $ 425 Vine St 516 665 398 2 1.75 14 $ 265,000 $ 2100 3rd Ave 1204 783 317 1 1 40 $ 248,000 $ 2324 1st Ave 413 419 501 0 1 105 $ 209,900 $

775,000 600,000 595,000 550,000 550,000 475,000 449,950 430,000 357,000 325,000 299,000 275,000 265,000 248,500 209,900

queen anne

1414 1st Ave W 315 W Galer St 120 W Highland Dr 7 Highland Dr 1740 Aurora Ave N 1400 2nd Ave N 1400 2nd Ave N 701 Galer St 1400 Taylor Ave N 900 Aurora Ave N 1768 Aurora Ave N 201 Galer St 2419 8th Ave N 1525 Taylor Ave N 2167 Dexter Ave N 2244 13th Ave W 15 Prospect St 2811 14th Ave W 120 1st Ave W 900 Aurora Ave N 348 W Olympic Place 1730 Taylor Ave N 275 W Roy St 2625 13th Ave W 611 Highland Dr 160 Lee St 610 Aloha St 1427 3rd Ave W 3009 3rd Ave W 919 2nd Ave W 3609 14th Ave W

402 107 420 703 401 292 291 615 304 S-307 201 472 202 301 302 416 B-101 400 503 S-202 108 403 115 103 301 207 304 15 1 204 201

2251 2019 1398 1106 1584 1181 1164 1326 1066 1378 1311 963 1210 884 1025 608 754 932 622 1063 691 658 598 700 780 750 754 700 603 558 1360

544 480 542 570 376 487 451 311 374 274 271 347 269 356 302 496 398 317 471 249 371 388 391 323 288 300 269 271 282 269 50

3 2 2 2 2 2 2 2 2 2 2 2 2 2 2 1 2 1 1 2 1 1 1 1 1 2 1 1 1 1 2

2.5 2 1.75 1.75 1.75 1.5 1.75 2.25 1.75 2 2 1 2 1.5 2 1 1 1 1 2 1 1 1 1 1 1 1 1 1 1 2

2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013

$ 1,225,000 $ 995,000 $ 749,000 $ 647,500 $ 625,000 $ 629,000 $ 529,000 $ 398,000 $ 399,000 $ 389,000 $ 349,950 $ 327,500 $ 329,500 $ 325,000 $ 309,975 $ 275,000 $ 310,000 $ 299,950 $ 285,000 $ 249,950 $ 243,000 $ 239,950 $ 229,000 $ 218,950 $ 229,950 $ 225,000 $ 202,500 $ 180,000 $ 169,950 $ 164,750 $ 84,900

$ 1,225,000 $ 970,000 $ 758,000 $ 630,000 $ 595,000 $ 575,000 $ 525,000 $ 413,000 $ 399,000 $ 377,000 $ 355,000 $ 334,500 $ 325,000 $ 315,000 $ 309,975 $ 301,420 $ 300,000 $ 295,000 $ 293,000 $ 265,000 $ 256,050 $ 255,000 $ 234,000 $ 226,000 $ 225,000 $ 225,000 $ 202,500 $ 190,000 $ 169,950 $ 150,000 $ 68,500


listings

sold listings last month Capitol Hill / Eastlake Address Unit

716 Boylston Ave E 2914 E Madison St 2914 E Madison St 2348 Fairview Ave E 2017 Eastlake Ave E 954 Broadway Ave E 1550 Eastlake Ave E 827 Hiawatha Place S 827 Hiawatha Place S 827 Hiawatha Place S 827 Hiawatha Place S 2717 Franklin Ave E 1414 12th Ave 1420 E Pine St 1000 Bellevue Place E 124 Bellevue Ave E 731 Broadway E 615 Boren Ave 1107 18th Ave 1420 Terry Ave 505 E Denny Wy 530 E Broadway 1400 Hubbell Place 1812 E Alder St 1732 15th Ave 1920 E Fir St 1400 Hubbell Place 511 E Roy St 1610 Belmont Ave 827 Hiawatha Place S 2717 Franklin Ave E 1300 University St 827 Hiawatha Place S 2301 Fairview Ave E 700 E Denny Wy 400 Boylston Ave E 1420 E Pine St 626 13th Ave E 900 Summit Ave E 409 16th Ave E 1105 Spring St 1323 Boren Ave 1515 E Union St 300 10th Ave 606 E Thomas St

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1 309 301 401 303 100 104 604 102 515 518 203 419 E-401 1 701 102 17 1107 203 A-202 510 707 1812 14 7 709 403 512 303 102 7-A 301 305 211 109 E-506 C 302 24 402 204 202 B-303 S

SF

1490 1032 957 1119 928 1151 1116 1057 1064 858 578 864 614 785 941 648 739 1105 622 794 746 656 802 850 850 860 724 671 550 858 731 627 858 641 501 506 516 626 531 600 530 516 600 550 500

$ / SF

Bed

Bath

593 504 532 393 439 348 340 345 329 408 605 404 537 418 343 497 434 283 487 372 385 434 349 328 318 302 352 379 455 285 333 386 281 367 441 427 417 329 366 316 345 339 233 247 222

2 1 1 2 2 2 2 2 2 2 1 2 1 1 2 1 1 2 1 1 2 1 2 2 1 2 2 1 1 2 1 1 2 1 1 1 0 1 1 1 1 1 1 1 1

2.25 1.5 1.5 1.75 2 1.5 2 2 2 1 1 1 1 1 1.5 1 1 1 1 1 1 1 1.75 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1

Age List Price Sold Price

2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

875,000 520,000 509,000 450,000 400,000 409,000 374,950 377,900 339,900 241,900 199,900 339,000 325,000 319,950 329,950 315,000 289,000 315,000 289,500 299,000 275,000 299,950 289,500 278,500 239,950 239,950 269,950 249,950 260,000 244,900 249,000 241,900 240,900 235,000 205,000 199,950 199,000 189,500 199,000 195,000 174,800 174,900 138,000 136,000 113,000

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

883,000 520,000 509,000 440,000 407,500 400,000 379,000 365,000 349,900 349,900 349,900 349,000 330,000 328,000 322,500 322,000 321,000 312,500 303,000 295,000 287,500 285,000 280,000 278,500 270,000 260,000 255,000 254,500 250,000 244,900 243,500 242,000 240,900 235,000 220,800 216,000 215,000 206,000 194,250 189,500 183,000 174,900 139,900 136,000 111,000


featured listing

top floor view unit at the vine Bright and beautiful two bedroom unit with sound and city views

View more Photos and Details

Bright top floor corner unit at the award winning Vine Building. Enjoy fantastic views from every room. This south facing 2 bedroom unit features brilliant hardwood flooring, granite counter tops, gas cooking, ss appliances, gas fireplace, deck, walk-in-closet. The Vine is an award winning concrete & steel building with 24/7 concierge, Gym, Guest Suites, Club Room & Seattle’s finest patio with stunning views. Located in vibrant Belltown with restaurants, shops, the waterfront, Sculpture park, & Pikes Market close by.

Property Details Address

year built

building features

2607 Western Avenue, #656

2002

price

size

$489,950

889 SF (per King Co. Tax Records)

24/7 Concierge, Guest Suite, Business Center, Conference Room, Club Room, Fitness Center, Rooftop terrace, Storage Unit.

bedrooms

2 bathrooms

HOD

$505/ month

1.5

Taxes

parking

$3,268 / year (Tax Year of 2012)

1 space (Secured)

Schedule a Showing View the Vine Profile

Innovative. Experience. Results. our philosophy Buying or selling a property is one of the most

important financial decisions you will ever make. When it comes to the competitive Seattle real estate market, the place to be is in the know. We believe in taking the time to educate clients so that they can make smart, informed choices.

Having an experienced, savvy agent on your side is key to achieving the results you desire. Meeting our clients’ needs above and beyond their expectations is the foundation of our success. We take pride in offering the highest level of professional integrity and reliable service. To learn more about how we can help you reach your real estate goals and turn your dreams into reality, contact us today or visit our website at www.stroupe.com. beyond expectations

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featured in our next edition‌

View the 2200 Westlake Profile

2200 Westlake Address

amenities

900 Lenora Street 910 Lenora Street 2121 Terry Avenue

Concierge (part time), Indoor Hot Tub, Sauna, Hotel Spa Services, Business Center, Conference Room, Club Room, Movie Room, Fitness Center, Courtyard terrace, Game Room

Total # of Units

260 (entire complex) Year Built

2006

206.910.5000

|

www.stroupe.com

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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.

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Stroupe Scoop July 2013