New Conversion in Mount Baker - Horton & York Cooperative

Horton & YorkHorton & York Cooperative is a newly converted co-op in Mount Baker. It was converted into a 6 unit co-op from a 5 unit apartment building and storefront.

DETAILS:

  • 3301 York Rd S in Mount Baker
  • 2 stories
  • 6 units
  • Built in 1921
  • Interiors: high ceilings, lots of light, in-unit washer/dryers, refinished bathrooms, contemporary kitchens with solid surface counters and new high efficiency stainless appliances
  • System upgrades: all new plumbing and electrical systems, soundproofing in common walls and ceilings, added insulation and air sealing for energy-efficiency, all new insulated windows, heat pumps for heating/cooling, tankless on-demand hot water heaters
  • Amenities: courtyard, storage rooms, bicycle parking
  • Rules: no restrictions on pets, no rentals
  • HOA Dues: average is $0.73/square foot and include water/sewer/garbage, internet, cable, taxes, insurance, common area maintenance and reserves

UNITS

  • Unit 1 - Pending
    • 1 BR|1BA|448sf
    • $424,000
    • Dues $329
    • Ground floor private entry
    • All new wood floors
    • Refurbished old-growth wood & brick accents
  • Unit 2
    • 1BR|1BA|677sf
    • $449,000
    • Dues $497
    • Second floor entry
    • Refinished original wood floors
    • French doors & juliet balcony
  • Unit 3
    • 1BR|1BA|572sf
    • $434,000
    • Dues $420
    • Second floor entry
    • Refinished original wood floors
    • Bathroom skylight
  • Unit 4 - SOLD
  • Unit 5 - Pending
    • 2BR|2BA|964sf
    • $587,000
    • Dues $707
    • Ground floor entry through courtyard
    • Refinished original wood floors
    • Master suite w/ 2 walk-in closets
  • Unit 6
    • 1BR|1BA|775sf
    •  $595,000
    • Dues $568
    • Original storefront
    • Ground floor entry through courtyard
    • Refinished original wood floors
    • Open concept master suite

PURCHASE PROCESS

  • After an offer is written,  buyers will fill out a questionnaire that will be reviewed by the board and then an in person meeting will take place where the Board will decide if the buyer is a good fit and if the buyer is approved by the board, they can purchase

By Marco Kronen with Seattle Condo Review: A guide to Seattle condos.


Updated Design for Downtown Condo Tower at 1516 2nd Avenue

Hewitt Rending of 1516 2nd Ave - 5The developer of a new condominium building, that will be built at 1516 2nd Avenue, estimates that they will start construction in the spring of 2020. The team behind the building are developer Plus Investment USA, contractor the Walsh Group out of Chicago and architect Hewitt of Seattle.

The development sits in the middle of 2nd Ave between Pike and Pine streets, across the street from luxury condo tower Fifteen Twenty-One. It will contain 524 condominiums and ground floor retail with approximately 269 parking stalls. There will be indoor and outdoor rooftop amenities on both towers.

From a design perspective, this will be a departure from your basic rectangular tower. There will be two towers, one 484 foot tower and one 160 foot tower, with a slender rectangular opening between them, though the towers will be connected. As previously stated, the design is supposed to look like a mom holding her child's hand. They have also designed the alley side to have a porte cochere making the backside of the building more active and appealing.

More to come on sales.

By Marco Kronen with Seattle Condo Review: A guide to Seattle condos.

Hewitt rendering


Antioch Building Site will be Two Tower Condo Development Called Seattle House

Seattle HouseThe former site of Antioch University, on 6th Avenue between Bell and Battery streets, will officially be a two tower condominium project and will contain more than 900 condo units in two 45 story towers. The project will be called Seattle House.

DETAILS:

  • Two 45 story towers
  • More than 900 units
  • Construction to start late summer 2019 with both towers being built simultaneously over a single 12 story podium
  • Podium will contain a long-term stay hotel
  • Proposed amenities: party room with terrace, pet area, yoga room
  • Developer is Concord Pacific out of Vancouver Canada
  • Architect is VIA Architecture
  • Contractor is JTM

We will be keeping an eye out for the sales launch information or any additional details on the building.

By Marco Kronen with Seattle Condo Review: A guide to Seattle condos.

VIA Architecture Rendering


Another Condo Building Might Be Coming to Belltown

4th and Bell by VIA ArchitectsIn Belltown on 4th Ave and Bell St, where Mary's Place currently operates a shelter, there are plans to construct a new residential tower. It will be 29 stories and will contain 212 residential units, which will include a full floor of 3 bedroom homes, with office space and retail space that will wrap around the building including the alley. They hope to start construction in 18 months and complete the build 2 years following that.

The Developer, Security Properties, has not decided whether they will build the project as apartments to condos so we might have another condo building coming to Belltown.

Rendering by VIA Architecture.

By Marco Kronen with Seattle Condo Review: A guide to Seattle condos.


New Condominiums in Queen Anne - 210 Comstock

Another new boutique condo building has hit the market. This one is is called 210 Comstock and is located in Queen Anne just one block from Kerry Park.

210 ComstockDETAILS:

  • 8 luxury homes
  • 6 stories
  • Ranging in size from 735 to 1,718 square feet
  • One block from Kerry Park
  • Private elevator access
  • Controlled access parking - 1 parking space per home with electric car charging
  • Expansive views from homes on floors 3 through 6
  • Floor to ceiling windows
  • Smart floorplans
  • Large decks and patios
  • Most plans have an office/den space
  • Rooftop community deck
  • Sophisticated finishes:
    • Thermador appliance package
    • Quartz counters with waterfall edge
    • Hardwood floors throughout
    • High end smooth wall finish
    • Clear cedar tongue and groove ceilings in the main living area
    • Gas fireplace with hand finished plaster surround
    • Bathrooms with floor to ceiling tile and heated floors
    • Built-in speaker system
    • Air conditioning
    • LED lighting throughout with Lutron dimmers
    • Pre-wired for automated blinds (in selected locations)

Sales were officially launched on the multiple listing service on May 1st and there is already one condo sold and closed and 3 pending, leaving only 4 still available.

By Marco Kronen with Seattle Condo Review: A guide to Seattle condos.


New Progressive State Real Estate Excise Tax Will Significantly Affect Sellers of $1.5M+ Properties

Washington State lawmakers passed a bill that will implement a graduated Real Estate Excise Tax (REET), which will go into effect on January 1, 2020. What does that new graduated REET mean to you?

Currently, the state taxes property sales at a single rate of 1.28%, which is typically accompanied by an additional county tax. In King, Pierce and Snohomish counties, the additional county tax is 0.5%, making the total excise tax owed on a property sale in those counties 1.78%. Now the state REET will be progressive and based on the sales price of your property. Real Estate excise taxes are paid by the seller of a property in our state.

Here is how the current real estate excise tax compares to what is coming:
New REET Graphs 4.30.2019

Here are some examples of what tax amounts would be due at the current vs. the new tax rates at the different price breaks:
New Price REET Graphs 4.30.2019

By Marco Kronen with Seattle Condo Review: A guide to Seattle condos.

 

 


Update on 403 13th Condominiums in Capitol Hill

The new construction condominium building 403 13th, in Capitol Hill, has hit the market.

403 Thirteenth 2Update on the Details:

  • Only 6 condominium homes
  • 4 stories
  • Large windows
  • Luxury finishes
  • Bosch appliances for units on floors 1 and 2 and SubZero and Ilve appliances for units on floors 3 and 4
  • Gas cooking
  • Two tone kitchen cabinets
  • Hardwood flooring throughout
  • Fully tiled shower surrounds
  • On demand hot water
  • High efficiency heat and A/C
  • Step off elevator directly into units on floor 3 and 4
  • 4 of 6 units have private decks
  • Ready for closings and move-ins in mid May
  • Pricing from $499,900 to $1,459,900

By Marco Kronen with Seattle Condo Review: A guide to Seattle condos.


Update on Koda Condominium Flats in the International District

Rooftop deckKoda Condominium Flats, located at the corner of 5th Ave and South Main Street in the International District, have announced their official market debut and the grand opening of their Sales Gallery.

UPDATE OF THE DETAILS:

  • 17 story concrete and steel building
  • 203 units
  • Units: Studios, open 1 bedrooms, 1 bedrooms, 2 bedroom 1 bath, 2 bedroom 2 bath, 3 bedroom 2 bath and live/work lofts
  • Parking: 70+ parking spaces available to select units for $65,000 with optional electric charging stations; Building will have Tesla car share
  • Storage: 75+ storage lockers available for $10,000-$30,000 depending on size and location
  • Prices: starting in the mid $300,000s up to $1.4M
  • HOA Dues: $.79/foot
  • Features: walls of windows, central heat and air conditioning, ceiling heights from 8'10'' to 11'4'', solid core doors, engineered hardwood floors, smart thermostats, soft close cabinets with under cabinet lighting, Quartz counters, stainless appliances and back-lit bathroom mirrors
  • Custom options: light or dark color palettes, closet systems, Quartz backsplash, hardwoods throughout, kitchen island, roller shades and home automation for audio, visual, security, lighting and window coverings
  • Amenities:
    • Lobby level- concierge (8am-12am), dog lounge and run, co-working lounge
    • 5th floor- two guest suites
    • 7th floor- wellness center with gym, zen garden and yoga classroom, library and lounge and conference room
    • 17th floor- Club Koda with billiards table, bar and club room, fireside lounge, kitchen, theater room and private dining area
    • Rooftop- terrace with firepits, BBQs, dining tables, and lounge spaces in a park-like atmosphere
  • Completion in 2020 with closings in December

By Marco Kronen with Seattle Condo Review: A guide to Seattle downtown condos.


Wallingford 45 Condominiums Has Relaunched for Sale

Wallingford 45 - 4Once part of the Neighborhood Collection, three buildings being marketing and sold together, Wallingford 45 is now being relaunched and re-marketed and has hit the market.

DETAILS:

  • Located in the heart of Wallingford at 1601 N 45th St
  • 48 one bedroom condos
  • Lofts, open one bedrooms and traditional one bedrooms
  • Lofts starting at $659,950
  • Open one bedrooms starting at $464,950
  • One bedrooms starting $359,950
  • Some offer views of Seattle and Space Needle
  • Secured parking available
  • Short term rentals allowed and no rental cap
  • Rooftop deck
  • Move-ins in late March

Let us know if you want to set up a time to check out this new Wallingford condominium option.

By Marco Kronen with Seattle Condo Review: A guide to Seattle downtown condos.


Civic Square Condominium Project Delayed Again

Civic Square 2The Civic Square project in Downtown Seattle has been riddled with delays since the project began and it continues to be today.

A history lesson on this project:

  • 2005: the building that was once on the lot was demolished and the block walled off
  • 2007: Triad Capital Partners, a real estate developer, won the contract to develop the property
  • 2015: the original development company, Triad, was removed from the project
  • 2016: the city announced the deal with Bosa Development to take over development of the project
  • 2017: the city council approved the deal with Bosa Development
  • 2019: in April there will be a Downtown Design Review Board meeting to potentially approve the updated plans from Bosa
  • 2019-2020: this is when they are currently expecting the Master Use Permit to be issued

A quick update on the details:

  • Located at 601 4th Ave between Cherry and James streets and 3rd and 4th avenues
  • 58 stories
  • 423 condominium units
  • 3 levels of retail
  • Parking for 586 vehicles
  • 1 bedroom, 2 bedroom and 3 bedroom units
  • Amenities: bike storage, gym, outdoor terrace, and on the 57th floor there will be a lap pool, deck space, party room, dining area, and garden lounge
  • Bosa will pay $5.7M into Seattle's affordable housing fund and develop a public plaza on the 3rd Ave side of the project

And so we continue to wait. We look forward to seeing another Bosa project in Seattle.

By Marco Kronen with Seattle Condo Review: A guide to Seattle downtown condos.