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M AY 2 0 1 4 E D I T I O N | S A L E S STATS F O R A P R I L 2 0 1 4

View the Hillclimb Court Profile

inside this issue

02 Featured Building Market Analysis 03 04 Sold Listings Last Month Hillclimb Court

CONDO SCOOP

Seattle area Trends & Prices

Downtown Seattle, Queen Anne & Capitol Hill / Eastlake

07

Featured Listing Designer elegance abounds

206.910.5000 www.stroupe.com

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featured building

hillclimb court LIVE AT THE MARKET

BUILDING FACTS & STATS ADDRESS

1425 Western Avenue NEIGHBORHOOD

West Edge TOTAL # OF UNITS

View the Hillclimb Court Profile

35 (not including hotel rooms, convention space, or commercial) YEAR BUILT

Rarely does one find a home in one of the most desired locations in the city. With the Pike Place Market just outside the front door and a building that links to the Seattle Waterfront you cannot find a better home but at Hillclimb Court. Designed in 1982 by award-winning Olson Sundberg Kundig Allen Architects, this 5-story 35-unit community features high windows and very unique floor plans for each unit as well as a private courtyard with a retail pavilion which are designed to create a visual buffer as well as block noise from street traffic. Community members can also enjoy the fourth floor BBQ terrace that boasts views of the Puget Sound, Olympic Mountains, West Seattle, and the Seattle Great Wheel.

1982 TOTAL STORIES

5 LISTING HISTORY, PAST 12 MONTHS

(From 5/1/13 to 4/30/14 — Please note this is a two year timeframe. Being a complex on the smaller size, we used a longer timeframe of listing activity for a better sampling.) Total # of Units Listed: 3 (units that were relisted after coming off the market are counted as one)

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Total # of Unit Sales: 2 (plus zero sold subject to inspection, zero pending sales) Currently Active on Market: 0 (as of 5/6/14) SALES HISTORY, PAST 12 MONTHS

Average-Unit Orig. List Price: $399,475 Average-Unit Sale Price: $359,000 List / Sold Price Ratio: 89.9% Average-Sold Price per sq/ft: $410.76 Average Market Time: 65 days AMENITIES

Terrace (Courtyard), A/C (Some Units), Secured Parking (Assigned)


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

2013

2014

2013

2014

2013

2014

List $561,448 Sold 555,122

List $700,972 Sold $685,452

List $366,987 Sold $360,511

List $343,467 Sold $341,009

List $329,663 Sold $331,190

List $356,568 Sold $359,901

-1.13% Variance

-2.21% Variance

-1.76% Variance

-0.72% Variance

0.46% Variance

0.93% Variance

Sold Listings

Sold Listings

Sold Listings

35

44

54

53

37

38

51.4% Change

-15.91% Change

-29.63% Change

Average $ / SF

Average $ / SF

Average $ / SF

$516 $646

$375 $371

$377 $416

April

25.2% Change

2013

2014

-1.07% Change

April 2013

April

4.16% Change

2014

2013

2014

AVERAGE SOLD PRICES FOR THE PAST 12 MONTHS, APRIL 2013 – APRIL 2014

$800K $700K

Downtown Seattle

$600K Queen Anne

$500K $400K

Capitol Hill / Eastlake

$300K 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.

$200K

A M J J A S O N D J F M A 2013 Downtown Seattle

2014 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

2200 Westlake 910 Lenora St 900 Lenora St

SF

$ / SF

BED

BATH

AGE LIST PRICE SOLD PRICE

809 821 603 1 1 8 $ 495,000 $ W-802 513 585 0 1 8 $ 299,950 $

495,000 299,950

1801 996 552 2 1.75 25 $ 565,000 $ 1905 1063 497 2 1.75 25 $ 528,000 $

550,000 528,000

Asia 668S Lane St 608 618 321 1 1 12 $ 198,500 $ 668S Lane St 507 509 291 0 1 12 $ 154,900 $

198,500 148,000

Arbor Place 121Vine St 121VineSt

Concord 2929 1st Ave 1221 1806 969 2 2 15 $ 1,924,000 $ 1,750,000 2929 1st Ave 1100 1423 840 2 2 15 $ 1,195,000 $ 1,195,000 2929 1st Ave 622 1124 592 2 2 15 $ 689,000 $ 665,000 2929 1st Ave 319 1072 429 2 1 15 $ 475,000 $ 460,000 2929 1st Ave 815 621 548 1 1 15 $ 340,000 $ 340,000 Continental Place 2125 1st Ave 2125 1st Ave 2125 1st Ave

2504 1924 725 3 2.5 33 $ 1,295,000 $ 1,395,000 2502 1760 682 3 2 33 $ 1,295,000 $ 1,200,000 1804 1459 634 2 2 33 $ 999,000 $ 925,000

Cosmopolitan 819 Virginia St 1502 1316 471 2 1.75 7 $ 639,000 $ 819 Virginia St 1511 943 500 1 1 7 $ 469,000 $

620,000 471,500

Cristalla 20332ndAve 1609 1572 668 2 2 9 $ 995,000 $ 1,050,000 20332ndAve 1803 1408 639 2 2 9 $ 900,000 $ 900,000 20332ndAve 707 820 579 1 1 9 $ 475,000 $ 475,000 Grandview 2201 3rd Ave 2404 1254 582 2 1.75 35 $ 659,000 $ 2201 3rd Ave 903 591 458 1 1 35 $ 275,000 $

730,000 270,500

Mosler Lofts 2720 3rd Ave PH-1 2398 834 2 3.25 6 $ 2,200,000 $ 1,999,500 2720 3rd Ave PH-6 1529 847 2 1.75 6 $ 1,295,000 $ 1,295,000 2720 3rd Ave 604 1112 486 1 1.5 6 $ 549,000 $ 540,000 2720 3rd Ave 806 690 486 1 1 6 $ 335,000 $ 335,000 2720 3rd Ave 502 581 516 1 1 6 $ 300,000 $ 300,000 Olive 8 737 Olive Wy 2800 1534 815 2 2 5 $ 1,250,000 $ 1,250,000 737 Olive Wy 2408 1092 568 1 1.5 5 $ 675,000 $ 620,000 Royal Crest 2100 3rd Ave 2106 779 340 1 1 41 $ 280,000 $ 2100 3rd Ave 1701 772 341 1 1 41 $ 279,000 $

265,000 263,000

Site 17 2440 Western Ave 211 894 491 1 1.5 16 $ 439,000 $ 2440 Western Ave 501 550 382 1 1 16 $ 210,000 $ 2504 Western Ave 721 502 371 0 1 16 $ 150,000 $

439,000 210,000 186,000

Vine 2607 Western Ave 1003 1354 480 2 2 12 $ 709,950 $ 2607 Western Ave 656 889 516 2 1.5 12 $ 459,000 $ 2607 Western Ave 155 803 435 1 1 12 $ 349,000 $ 2607 Western Ave 409 934 364 1 1 12 $ 345,000 $ 2607 Western Ave 305 446 509 0 1 12 $ 218,000 $

650,000 459,000 349,000 340,000 227,000


listings

sold listings last month DOWNTOWN SEATTLE (CONTINUED) ADDRESS

UNIT

SF

$ / SF

BED

BATH

AGE LIST PRICE SOLD PRICE

Other Properties 99 Union St 1501 4131 1,477 2 2.5 6 $ 6,300,000 $ 6,100,000 820 Blanchard St 1607 2279 669 2 1.75 5 $ 1,575,000 $ 1,525,000 1415 2nd Ave 1504 1004 513 2 1.75 23 $ 535,000 $ 515,000 1920 4th Ave 310 910 544 1 1.5 5 $ 509,000 $ 495,000 159 Denny Wy 414 775 471 1 1.5 8 $ 365,000 $ 365,000 2801 1st Ave 804 721 499 1 1 13 $ 365,000 $ 360,000 1500 4th Ave 805 710 483 1 1 104 $ 344,900 $ 343,000 699 John St 618 781 429 1 1 7 $ 319,950 $ 335,000 2721 1st Ave 408 680 456 1 1 9 $ 310,000 $ 310,000 98 Union St 305 559 501 1 1 29 $ 299,500 $ 280,000 2717 Western Ave 3016 719 389 1 1 13 $ 279,900 $ 280,000 2414 1st Ave 411 637 433 1 1 20 $ 270,000 $ 276,000 2319 1st Ave 203 652 422 1 1 14 $ 300,000 $ 275,000 1119 1st Ave 301 521 480 0 1 112 $ 245,000 $ 250,000 1085thAveS 510 692 327 1 1 13 $ 224,950 $ 226,000

QUEEN ANNE ADDRESS

415 W Republican St 1415 6th Ave N 2012 Waverly Place N 120 1st Ave W 900 Warren Ave N 559 McGraw St 1000 Aurora Ave N 900 Aurora Ave N 141 56th Ave N 916 Queen Anne Ave N 3003 14th Ave W 12 Ward St 200 W Comstock 500 Aloha St 613 4th Ave W 117 John St 720 Queen Anne Ave N 330 W Olympic Pl 2552 14th Ave W 2221 Gilman Ave W 2253 Gilman Dr W 2253 Gilman Dr W 500 W Olympic Place 812 5th Ave N 1504 Aurora Ave N 3608 14th Ave W 301 W Raye St 1250 Taylor Ave N 1504 Aurora Ave N 3609 14th Ave W 1017 W Nickerson St

UNIT

200 501 1 501 402 302 N-510 S-605 402 1 102 A-303 504 305 303 3 209 106 302 204 304 404 205 202 310 302 204 103 106 G-1 26

SF

1920 1261 1789 1019 1110 1462 1207 1137 1164 1040 1129 947 704 967 1150 867 643 645 1040 1204 1048 1051 1000 643 630 660 697 851 599 647 682

$ / SF

BED

BATH

395 504 347 562 482 352 385 396 374 400 345 404 536 389 313 399 513 488 294 253 281 278 288 426 405 371 352 282 392 309 270

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

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

AGE LIST PRICE SOLD PRICE

17 12 52 14 51 19 15 15 12 105 26 24 9 22 35 107 17 57 48 37 34 34 52 12 23 47 27 36 23 35 49

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

775,000 625,000 625,000 599,000 545,000 514,000 489,000 455,000 425,000 399,950 399,000 385,000 379,000 369,900 360,000 349,500 349,950 299,950 311,950 312,500 299,990 287,000 300,000 269,900 245,000 240,000 244,950 240,000 230,000 199,950 183,500

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

758,369 635,000 620,000 572,800 535,000 514,000 465,000 450,000 435,000 416,000 390,000 383,000 377,500 376,000 360,000 346,000 330,000 315,000 306,000 305,000 295,000 292,000 288,000 274,000 255,000 245,000 245,000 240,000 235,000 199,950 184,000


listings

sold listings last month QUEEN ANNE (CONTINUED) ADDRESS

UNIT

3609 14th Ave W 519 W Roy St 519 W Roy St 3420 15th Ave W 131 26th Ave N 519 W Roy St

203 312 310 303 8 215

SF

658 475 524 630 500 354

$ / SF

BED

BATH

271 368 321 254 296 410

1 0 0 1 1 0

1 1 1 1 1 1

$ / SF

BED

BATH

507 540 505 435 367 348 352 420 462 412 530 357 483 450 484 426 446 427 270 437 399 402 407 470 407 325 313 423 441 323 396 331 467 370 349 351 241 192

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

3 2.25 1 1.75 1.75 2 1.75 1.75 1.75 1.5 0.75 1.5 1 1 1 1 1 1 1.5 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1

AGE LIST PRICE SOLD PRICE

36 84 84 54 28 84

$ $ $ $ $ $

189,950 169,950 179,000 165,500 149,900 145,000

$ $ $ $ $ $

178,500 175,000 168,000 160,000 148,200 145,000

CAPITOL HILL / EASTLAKE ADDRESS

915 Harvard Ave E 941 11th Ave E 4321 7th Ave E 1410 E Pine St 210 Boylston Ave E 3100 Fairview Ave E 1522 18th Ave 235 13th Ave E 1000 Union St 1120 Spring St 1112 Broadway E 150 Melrose Ave E 1620 Belmont Ave 303 E Pike St 1414 12th Ave 1410 E Pine St 530 Melrose Ave E 1631 16th Ave 1515 E Yesler Wy 1105 Spring St 1105 Spring St 412 11th Ave 1105 SpringSt 615 E Pike St 1707 Boylston Ave 1515 E Yesler Wy 1726 15th Ave 1604 14th Ave 506 E Howell St 711 Belmont Place E 1608 14th Ave 308E Republican St 1828 11th Ave 321 Boylston Ave E 1400 Hubbell Place 1707 Boylston Ave 308 E Republican St 1726 15th Ave

UNIT

2 4 3 W-220 207 105 302 101 Ph-D 202 101 407 631 605 214 W-213 201 208 402 604 712 PH-3 210 407 102 203 9 W-1 E-307 103 W-3 406 202 204 1215 214 905 14

SF

3700 2380 903 1035 1118 1143 1108 926 823 918 702 1023 734 756 672 746 711 703 1058 630 690 660 630 542 626 769 750 555 521 711 555 664 448 554 580 538 751 520

AGE LIST PRICE SOLD PRICE

29 94 101 9 36 23 34 28 49 32 92 36 8 16 7 9 23 85 12 64 64 12 64 15 49 12 107 9 22 86 9 53 27 89 65 49 53 107

$ 1,795,000 $ 1,295,000 $ 450,000 $ 450,000 $ 389,000 $ 399,000 $ 385,000 $ 399,000 $ 375,000 $ 349,000 $ 372,000 $ 347,000 $ 339,900 $ 339,950 $ 310,000 $ 325,000 $ 324,000 $ 305,000 $ 275,000 $ 285,000 $ 275,000 $ 270,000 $ 249,950 $ 255,000 $ 257,000 $ 250,000 $ 235,000 $ 234,900 $ 235,000 $ 240,000 $ 209,500 $ 219,900 $ 209,000 $ 209,000 $ 210,000 $ 189,000 $ 182,500 $ 110,000

$ 1,875,000 $ 1,285,000 $ 456,000 $ 450,000 $ 410,000 $ 398,000 $ 390,000 $ 389,000 $ 380,000 $ 378,000 $ 372,000 $ 365,000 $ 354,500 $ 339,950 $ 325,500 $ 317,500 $ 317,000 $ 300,000 $ 286,000 $ 275,000 $ 275,000 $ 265,000 $ 256,500 $ 255,000 $ 255,000 $ 250,000 $ 235,000 $ 234,900 $ 230,000 $ 230,000 $ 220,000 $ 219,900 $ 209,000 $ 205,000 $ 202,500 $ 189,000 $ 181,000 $ 100,000


featured listing

designer elegance abounds BEAUTIFULLY DESIGNED ONE BEDROOM PLUS DEN UNIT

View more Photos and Details

Gorgeous design by award-winning interior designer. Custom marble Kitchen island, open floor plan, faces SW so it is very bright. Den has French doors and can be used as a small second Bedroom or private Office. Excellent layout with great views from balcony. Amenities at the Parc include secure Lobby entrance w/ concierge service, roof top deck, Gym, Club Room & Guest Suite. Just moments away from the Seattle Sculpture Park, Myrtle Edwards Park, waterfront & all that Belltown has to offer. Schedule a Showing

PROPERTY DETAILS

ADDRESS

SIZE

76 Cedar Street, #611

880 SF (per King Co. Tax Records)

PRICE

$429,500

HOD

$527/ month

BEDROOMS

1 (Plus Den)

TAXES

$2,985 / year (Tax Year of 2014)

BATHROOMS

1.0

BUILDING FEATURES

Concierge (Full Time), Guest Suite (One), Club Room (Full Kitchen), Fitness Center, Terrace (Rooftop + Courtyard), A/C (Common Spaces Only), Secured Parking (Assigned)

PARKING

1 space (Secured) YEAR BUILT

2008

View The Parc Profile

CLICK HERE ABOUT THE TEAM

STAY INFORMED

BUYERS

SELLERS

CONTACT US


featured in our next edition…

View the Pomeroy Profile

Pomeroy A GEM IN THE HEART OF THE CITY ADDRESS

2319 1st Avenue TOTAL # OF UNITS

52 (entire complex)

AMENITIES

Terrace (Rooftop), A/C (Common Spaces + Some Units), Secured Parking (Assigned)

YEAR BUILT

2000

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.

8

Stroupe Scoop May 2014  

Featuring the Hillclimb Court with its desirable waterfront access and unique floorplans. Also featuring the beautifully designed one bedroo...

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