REAL ESTATE KIRKLAND
MAY 2011
Your guide to Real Estate and home buying & selling
ment plan that is tailored to Those considering a home purchase today are inundated your condition and situation. They have training, knowlwith conflicting advice and edge, skill sets and access to opinions from the people they know – and even people equipment/tools that others don’t. they don’t know. This is even MORE true “Buy NOW!” when it comes to home own“Don’t Buy NOW!” ership, which is likely When one hears the largest financial such diverse opininvestment you and/ ions, where is one or your family will suppose to turn? My ever make. advice: look at facts, As a full-time statistics and data. professional Broker/ A good analogy: Realtor, we are often if you had massive asked many commigraines, would you seek the help of Debbie Walter mon questions from someone you met Realtor - RE/MAX NW both past and present clients. Because there in a coffee line or a is NO ‘one size fits all’ co-worker or your answer in real estate, you may best friend or your Motherfind it interesting to read the in-Law? Likely not. Most likely, you would seek two most popular Q&A’s of real estate: the help and advice of mediQ: “If it’s possible that cal professionals who would prices may still fall, why assess your specific circumshould I buy now?” stances, run comprehensive A: While price is the major tests and formulate a treat-
are still waiting, sorry - you missed it. Q: “When will I begin to see appreciation if I buy now?” A: That is like trying to answer “What is the weather like in the United States?”’ Appreciation varies by market just like the weather can vary by city. In fact, appreciation can even vary greatly in Kirkland’s own West of Market vs. Rose Hill vs. Houghton vs. Highlands vs. Juanita - so it’s important to look closely at local pricing trends in specific neighborhoods that you are most interested in. Nationally, all indicators show values will begin to rise this year as most markets have now ‘hit bottom and are flat-lining’ in regards to price - plus pending activity and closed sales are UP. NAR and other pricing experts project home prices to increase in the second half of 2011, reaching a cumulative appreciation of more than 10 percent between now and 2015. For markets like the Eastside, where we have
• Kirkland Resident for over 23 years.
• Very Patient with 1st Time Buyers, and Short Sale Sellers • Relocation, Investors, 1031 Exchanges
ABR, CNE, CRS, SRES, GRI, Platinum Producer
206-226-0226 www.SarahReed.com
484969
The Difference is in the Details
reasons people buy a home: a place to raise/educate kids, a safe place for a family, plenty of living space and a home which offers us control over the space we live. Now that is something you can share while waiting for your morning latte.
Debbie is a REALTOR® with RE/MAX NW Realtors in Kirkland and can be reached at (206) 930-8699.
Clive Egdes 206-251-1680
Windermere Real Estate/Central, Inc.
Clive@Windermere.com www.Kirklandhomelistings.com
Specializing in Kirkland Properties.
“Exceptional Service, Extraordinary Results”
Sunny End unit condo in North Rose Hill!
• 10+ years of Full Time Real Estate Service!
Sarah Reed
one of the highest average household income per capita combined with limited land supply (because of geographic limitations like water, trees, mountains, wetlands, protected species, etc.), in addition to a low unemployment rate – speculators predict our area will appreciate even greater. Most importantly, when it comes to home ownership factor in the four biggest
• Short Sales, Foreclosures, Bank Owned How May I Help YOU?
Lake Washington Waterfront Rental Live the good life on the water at Meydenbauer Bay! So close to everything-shops, cafes, galleries. Gorgeously remodeled 1,730 sq. ft. Top Floor 2 bedroom, 2 bath unit w/stainless appliances, slab granite, travertine floors in kitchen, breakfast nook, baths. Oversized master w/built-ins, spa inspired bath & walk-in closet. Huge 2nd bedroom. 5 Skylights. Laundry room & Costco sized walk-in pantry, Fireplace. Giant covered view deck for BBQs & sunsets, Pool, kayaks, bike storage, 2 reserved pkg spaces + storage unit! W-S-G incl. Avail June 1st. $3,450
Sunny & spacious end unit with tons of nice updates including black granite counters, tile floors, and vinyl windows. Huge, private covered BBQ deck with storage, wood burning fireplace, all appliances included. Outstanding location to enjoy all that Kirkland has to offer, or easy on the commuter. Tucked away with a view of the trees & sunsets, not other buildings. Nice, quiet complex. Reserved covered parking & abundant guest parking just outside your door. Low dues, and a well-managed association with good reserves. $118,875
Commuter’s Dream in Kirkland Great 2 bedroom, 2 bath, end unit condo featuring granite counters and an open floor plan. Lots of extra windows, and looking out to tranquil waterfall-fountain. Wood burning fireplace, large covered BBQ Deck, all appliances. Pool, spa, clubhouse & workout facility. Deeded, covered parking just outside your front door. Ideal for the commuter. Close to Lake Washington waterfront, parks, shopping, dining. Welcome home! Offered at $150,000
Eastside Brokers
484971
Top Two Q & A’s in Today’s Market
concern for anyone selling a home, a primary concern for a Buyer should be COST. That means a buyer should take into account what a monthly payment will be (in comparison to your gross and net income plus other debt obligations). In addition, consider the interest rate of your mortgage. Waiting for prices to ‘bottom out’ while rates increase can wind up costing a buyer MORE over the life of the mortgage. Fannie Mae, Freddie Mac, NAR, and Mortgage Bankers’ are all projecting interest rates will increase over the next several quarters. In fact, the industry has already seen an increase since last year when rates bottomed out around 4 percent. From 1971-2010, interest rates have averaged 6.5 percent whereas today’s 30-yr fixed rate is hovering around 5 percent. Lastly, there is no way to perfectly “time” the bottom. It’s like trying to “time” the stock market. In fact, once the data shows that the bottom has hit, it’s usually 3-4 months in the past and if you
[10] May 6, 2011
www.kirklandreporter.com
Real Estate
Prestige Home Mortgage
Business & Financial Real Estate & Professionals Mortgage Professionals 425-275-0633
Cell: 425-766-5408 • Fax 425-275-0649 www.loansbygina.com Lic # 510-LO-33202
SPRING OFFER
I’ll pay $3,000 towards your closing costs when you buy a home from me. Call or email me today to answer your RE needs.
Harry 206-999-2107
Mortgage Capital Associates, Inc.
help “Let me h you wit ur g yo financin me.” o dream h
487854
HarryRaatz@yahoo.com
loansbygina.com • gina@gmgloan.com • Lic # MLO#115337
KNOWLEDGE • EXPERIENCE • VALUE
Gina Brown
Senior Loan Officer
484934
425-275-0633 • Cell: 425-766-5408 • Fax: 425-275-0649
FREE HOUSE
Fantastic opportunity to purchase 1 or 2 lots in Downtown Kirkland. One lot comes with a Free House. CALL ME!
Patrick O’Neil Sr. Account Manager 450188
Email: Patrickoneil@cwtitle.net
449963
Fax (425) 576-8187 14450 N.E. 29th Place • Bellevue, WA 98007
To advertise, call Mike @ 425.822.9166
425-351-2208
To advertise, call @ 425.822.9166
• Kirkland Resident for over 23 years.
Sunny End unit condo in North Rose Hill!
• 10+ years of Full Time Real Estate Service! • Very Patient with 1st Time Buyers, and Short Sale Sellers • Relocation, Investors, 1031 Exchanges
Sarah Reed
ABR, CNE, CRS, SRES, GRI, Platinum Producer
206-226-0226 www.SarahReed.com
484969
The Difference is in the Details
• Short Sales, Foreclosures, Bank Owned How May I Help YOU?
Lake Washington Waterfront Rental Live the good life on the water at Meydenbauer Bay! So close to everything-shops, cafes, galleries. Gorgeously remodeled 1,730 sq. ft. Top Floor 2 bedroom, 2 bath unit w/stainless appliances, slab granite, travertine floors in kitchen, breakfast nook, baths. Oversized master w/built-ins, spa inspired bath & walk-in closet. Huge 2nd bedroom. 5 Skylights. Laundry room & Costco sized walk-in pantry, Fireplace. Giant covered view deck for BBQs & sunsets, Pool, kayaks, bike storage, 2 reserved pkg spaces + storage unit! W-S-G incl. Avail June 1st. $3,450
Sunny & spacious end unit with tons of nice updates including black granite counters, tile floors, and vinyl windows. Huge, private covered BBQ deck with storage, wood burning fireplace, all appliances included. Outstanding location to enjoy all that Kirkland has to offer, or easy on the commuter. Tucked away with a view of the trees & sunsets, not other buildings. Nice, quiet complex. Reserved covered parking & abundant guest parking just outside your door. Low dues, and a well-managed association with good reserves. $118,875
Commuter’s Dream in Kirkland Great 2 bedroom, 2 bath, end unit condo featuring granite counters and an open floor plan. Lots of extra windows, and looking out to tranquil waterfall-fountain. Wood burning fireplace, large covered BBQ Deck, all appliances. Pool, spa, clubhouse & workout facility. Deeded, covered parking just outside your front door. Ideal for the commuter. Close to Lake Washington waterfront, parks, shopping, dining. Welcome home! Offered at $150,000
Eastside Brokers
446984
Coldwell Banker Bain President’s Circle Previews Specialist & Relocation Specialist www.roslyncomley.com
(206) 930-2202 Office
484942
Roslyn Comley
May 6, 2011 [11]
www.kirklandreporter.com
Real Estate
8525 120th Avenue NE #100, Kirkland, WA 98033 Just South of Costco
put our knowledge ON YOUR SIDE
425-602-4150
CBBain.com/kirkland
Fabrice Muratore
Kim Lohnes
fabricemuratore@cbbain.com
kimlohnes@cbbain.com
425-241-1011
425-442-9981
Penthouse Living!
$1,149,000
Discover a 180 Waterfront Lake Washington View when you walk into this amazing Lake Street penthouse in Kirkland! French Riviera living in the Northwest. Walk to restaurant, galleries and shops. All that Kirkland has to offer at your doorsteps! Just in time for summer!
$1,050,000
4 Bed Beauty In Kirkland
$899,000
West Of Market
$675,000
Beautiful Condo - Google!
$225,000
Grandest living in the heart of Kirkland. Beauty abounds in this 5 bed/5bath stucco home. Mountain/lake views, master suite w/ relaxing jetted spa tub, cozy fireplace, Juliet balcony. Gourmet chef kitchen, light, bright and airy. Lovely landscaping, fully fenced back yard, top of quiet, private cul-de-sac. #187974
Fabrice Muratore
Kim Lohnes
fabricemuratore@cbbain.com
kimlohnes@cbbain.com
425-442-9981
Spectacular Stucco Home
425-241-1011
Refined Living
$899,000
SOLD
This stunning residence displays the finishing touches you can expect from a house of this stature. 4 bedrooms, including 2 master suites (1 on main floor), a bonus room, a den: possibilities are endless. Full Viking gourmet kitchen opens on a spacious covered patio and very private backyard. Entertainment heaven! #122499
Downtown living at it’s best! Come home to rich Cherrywood cabinetry, granite counters, sparkling hardwoods and the sound of waterfall as you relax hot tub style in your private, beautifully landscaped backyard paradise. 3 car detached gar with tons of room for your toys. Private alley entrance. Walk to downtown. #179893
PE
ND
IN
G
Mony Teng
Sierra Conley
monyteng@cbbain.com
sierraconley@cbbain.com
425-299-6565
206-852-9376
Polo Club - Woodinville
$875,000
Luxurious one level living w/huge bonus RM up. 4632 Sq ft, 4 Bds, 3.5 BA, marble foyer, high-arched entries, gallery hallways. 24 fT triple trayed ceilings, w/exquisitely crown moldings. Formal entertaining, 3 FP, AC, lg gourmet granite slab kitchen w/center island. Sub Zero, 6 Burner Gas Viking Stove top, Miele app. # 186044
One block to Waterfront! Experience Urban living in this Fabulous, newly remodeled home with attention to detail. Gourmet kitchen with top of the line stainless steel appliances, granite counter tops. Sun kissed daylight basement is bright and open!
Tracy Stephens
Kim Lohnes
tracystephens@cbbain.com
kimlohnes@cbbain.com
425-601-2255
425-241-1011
Downtown Kirkland
$285,000
Live in the hub of Kirkland. This one bedroom plus den unit at the “Kirkland Central” over looks the park and library. The kitchen boasts granite counters, cherry wood cabinets, stainless steel appliances and breakfast bar. The den has a built in work station. The Kirkland Central has secured entrance and parking. #179479
Exceptional 4B2.5B home in desirable Bridlewood. Designer Beautiful 2 bedroom condo walking distance to Google and Kirkland beaches! Quiet, private complex, home has been wonderfully updated with new cabinets, tile floors, new appliances. Exterior consists of tile roof and real wood siding that should last for years! #164297 484975
[12] May 6, 2011
www.kirklandreporter.com
Real Estate
BUSINESS AND FINANCE Real Estate Sales in Kirkland, WA • March 30-April 30, 2011 14037 108th Ave NE 9624 NE 121st Lane 14272 108th Ave NE 14158 105th Ave NE 13424 NE 137th Place 13814 125th Ave NE 9753 NE 135th Place 13202 130th Place NE 14238 112th Ave NE 11234 NE 94th 10313 NE 125th Place 10313 NE 125th Place 8428 NE 131st Place 10122 NE 126th St 636 10th Ave 11914 NE 67 Place 8607 NE 126th Place 11119 127th Place NE 6515 116th Ave NE 12859 NE 112th St 10404 NE 125th Place 13704 117TH Ave NE 6320 NE 130th Place 13139 86th Place NE 7210 120th Ave NE 12104 NE 68th Place 321 15th Ave 9720 112th Ave NE 601 14th Ave W 11316 NE 117th Place
$225,000 $226,200 $232,000 $250,500 $259,000 $272,000 $280,000 $280,900 $287,000 $300,000 $322,000 $322,000 $325,000 $335,000 $347,000 $349,995 $359,500 $375,000 $375,950 $376,000 $380,000 $399,900 $405,000 $405,000 $410,000 $413,000 $425,000 $451,000 $455,000 $475,000
8225 NE 124th Place 13230 NE 142nd Place 12804 NE 104 St 709 9th Ave S 10512 125th Ave NE 8428 NE 123rd Place #Lot 5 8185 NE Juanita Dr 10940 NE 48th St 13030 NE 104th St 4540 108th Ave NE 12843 NE 91st St 8149 NE 117th Place 8149 NE 117th Place 6808 NE 129th St 331 4th Ave S 1203 5th St 711 14th Ave W 126 11th Ave 615 9th Ave 10619 NE 46th St
$500,000 $540,000 $550,000 $575,000 $599,500 $629,800 $630,000 $631,000 $722,500 $725,000 $730,000 $749,950 $749,950 $775,000 $835,000 $845,000 $900,000 $915,000 $1,125,000 $1,400,000
Residential Housing Averages Average. List Price $612,030 Average Sales Price $508,933 CDOM (Cumulative Days on Market) 99
Condos/Townhomes in 98033 & 98034
14316 126th Ave NE #D-303 6732 112th Ave NE #A-11 6732 112th Ave NE #6A 11006 NE 68th St #821 11623 127th Lane NE #C-1 12641 NE 130th Wy #C201
C all or visit our
425-629-3002
$82,000 $92,500 $95,000 $97,500 $98,000 $100,000
11504 NE 128th St #28 $110,000 9900 NE 124 St #1316 $110,500 12225 100th Ave NE #B208 $115,000 12505 NE 116th St #A30 $122,000 12618 109th Ct NE $122,000 12034 Slater Ave NE #A2 $149,900 11302 124th Ave NE #102 $155,000 201 2 Ave S #205 $155,000 10112 NE 135th Lane $165,000 710 Kirkland Cir #A-101 $189,000 11801 NE 105th Ct $195,000 11901 93rd Ave NE #B205 $215,000 9624 NE 121st Lane $226,200 823 9th Ave S $259,000 220 1st St #408 $260,000 501 Kirkland Ave #105 $264,000 410 2nd Ave S #209 $283,500 410 2nd Ave S #A114 $295,000 10024 124th Ave NE $333,000 10911 123rd Lane NE $359,500 4561 Lake Washington Blvd NE #207 $389,000 12302 NE 109th Wy $389,950 11316 NE 117th Place $475,000 709 9th Ave S $575,000 331 4th Ave S $835,000 6320 Lakeview Dr NE #201 $1,050,000 510 Lake St S #B202 $1,163,000
Condos/Townhomes Averages Average. List Price $311,956 Average Sales Price $304,587 CDOM (Cumulative Days on Market) 165
website today!
directorsmortgage net
NMLS-3240, CL-3240 476135
Residential Housing in 98033 & 98034
May 6, 2011 [13]
www.kirklandreporter.com
Real Estate
Windermere Real Estate East, Inc. Kirkland/Yarrow Bay Office 3933 Lake Washington Blvd NE, Suite 100
425-822-5100
Natasha Bosch 425-766-8019 www.kirklandstyle.com
Heidi Bright 425-820-5343 www.bigdogrealty.com
Craig Gaudry 425-576-5555 www.craig@gaudry.com
G.G. Getz 206-915-7777 www.gggetz.com
WEST OF MARKET
Kathryne Green 425-766-1315 kathrynegreen@windermere.com
ONE EAGLE PLACE
Kathy Magner 425-803-9457 kathy@kathymagner.com
$1,249,000
Enjoy incredible panoramic views of Lk WA. Outstanding floor plan highlighted by 5 bdrms, 4.5 baths, den/office, plus bonus rm w/4,760 sqft of living space. Photo gallery at www.OneEaglePlace.com MLS #187402.
CRAIG GAUDRY
425-576-5555
Chelle Nelson 206-953-5927 www.chellenelson.com
Carlene Sandstrom 206-910-3662 www.carlenesandstrom.com
KIRKLAND
$779,000
Luxurious, Light-filled patio home in rare steel & concrete building. Waterfront parks & downtown Kirkland are your playground. 2 bdrm Suites + Hand-crafted den. Customized Island Kitchen. Great Room & Flex Room. 530 Lake St. www.ggetzresults.com
GG GETZ
206-915-7777
$3,400,000
Exquisitely remodeled & immaculately maintained rambler on one of the best lots positioned to maximize lake, city & mountain views! Timelessly elegant, an entertainer’s dream home. Perfect indooroutdoor flow in this private retreat. www.kathymagner.com
KATHY MAGNER
425-803-9457
EAST OF MARKET
$724,000
Style + Ease…Undeniably fresh, timeless w/ magazine-quality finishes: slab granite/marble, solid wood doors, miles of hdwds, Viking appls, & more. 4Beds up, huge entertaining deck, lush yard w/irrig. Quiet, peaceful setting close to parks + schools. www.kirklandstyle.com
NATASHA BOSCH
425-766-8019
PE
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IN
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$687,500
GG GETZ
206-915-7777
LEASE PURCHASE/CARILLON PT
HEIDI BRIGHT
LD
HOUGHTON
$629,500
CARLENE SANDSTROM
206-910-3662
425-820-5343
YARROW BAY VILLAGE
$649,000
Warm & enchanting traditional home nestled in gorgeous, lush landscaping on a culdesac. Bright & cheery tiled kitchen with large island. Beamed & vaulted ceilings. 4 bdrms + bonus rm. 3-car garage. www.chellenelson.com
CHELLE NELSON
206-953-5927
Un de rC on tra ct
SO
NEW ON THE MARKET...PERFECT HOUGHTON LOCATION! 3200 sq ft,4bd/3ba perfectly remodeled top to bottom! MIL/guest suite w/sep entry. This home is fabulous and simply priced to SELL! WWW.CarleneSandstrom.com
$650,000
Soothing views of Lk WA, Olympic Mtns & Marina from this attached, yet very private home. Over-sized gar and a roomy, level driveway. Open & spacious feel including vaulted ceilings & walls of windows. Private garden entry welcomes you home. www.BigDogRealty.com
EAST OF MARKET
$550,000
Unique, charming home w/ever changing City & Mtn views! 5 bdrms,3 kitchens, 2.75 bths & detached MIL. Huge 910 sq ft deck off main level w/city & Mt Rainier views. Unique property w/2 separate living spaces + studio. 2 car gar off alley. Great location on 9th Ave!
KATHRYNE GREEN
425-766-1315
HOLMES POINT
$199,000
Wonderful shy acre lot w/level areas & great lake, city, mtn views. Peaceful setting close to Denny Park and boat launch. Water & Sewer recently brought into street. TOPO completed with buildable main structure as well as ADU/Garage
KATHRYNE GREEN
425-766-1315 485221
EAST OF MARKET
Craftsman Cottage nestled on Secluded lot banded by Greenspace. Baby Boomer Heaven-Main Floor Master. Downstairs domain for kids or guests. Island, sky-lit Kitchen flows into Great Room. 202 20th Ave. www.gggezresults.com