Seventeen07 – Capitol Hill

Seventeen07 Condominiums – 1707 Boylston Ave

• Neighborhood: Capitol Hill
• Address: 1707 Boylston Ave, Seattle WA 98102
• Price Range: $189,950 – $389,950
• Unit Types: Studio, 1 Bedroom, 2 bedroom

Our Comments: Seventeen07 started off last spring as a condo conversion with a lot going for it. Location, some good prices, and nice interior finishes. Quickly it seemed to gather some sales momentum as its lower priced 1bedroom units flew off the market. However, the momentum slowed and the larger units, which were, and remain, over-priced in their market, failed to move. Last week they held a 1-day auction where they were marketing the sale of 17 condos. Although we did not attend, we hear mixed reviews that they sold between 12 and 14 of their condos, but did not auction the remaining inventory due to lower than expected max bid prices. We look forward to seeing the actual recorded sales on these condos. We do wonder how this strategy will affect 1. The owners who originally bought into the building and 2. the integrity of the project as a whole. Only time will tell!

Their Comments: Seventeen07 is no longer marketing their units through their website other than to push an expired auction. It is anybodys guess as to what their next move will be. As of the day of this post, they are advertising 1 listing of 10 available on the MLS. That listing quotes a “silent auction” which was supposedly held on Oct. 24th, but which has not affected the status of their listing on the MLS. We are interested to learn of the success of their recent auction and look forward to their next move!

Total Units: 36 Units on 4 floors
Unit Sizes: Studios- 395 sq. ft. 1 Bed- 430-600+ sq. ft. 2 Bed- 814 sq. ft.
HOA Dues: From $160/mo – $205/mo.
Dues Include: Water, Sewer, Garbage
Parking: Covered, Secure
Storage: Basement storage lockers.
Other Features: Workout area w/ TV, Bike Room, Pet Room, On Site Laundry
Website: www.Seventeen07.com

For more Information about this property, contact Rian Cool

• Phone: 206.375.4146
• Email: RianCool@kw.com

De Lorges – Capitol Hill

De Lorges Condominiums – 325 Harvard Ave E

• Neighborhood: Capitol Hill
• Address: 325 Harvard Ave E, Seattle WA 98102
• Price Range: $220,000 – $430,000
• Unit Types: Studio, 1 Bedroom, 2 bedroom

Our Comments: DeLorges is a fun Capitol Hill conversion project by Live Historic. True to their conversion style, they have kept the historic nostalgia of this building and brought it into the 21st century with refined finishes and true Capitol Hill charm. The big set back for this building might be its prices. Although finishes are nice, its debatable whether they warrant such a price gap between comparales in the neighborhood. Its location is prime: 1 block from Broadway and kitty-corner to the QFC shopping center. A lack of on-site parking is also a bummer, but you can’t have everything. If you’re looking for a charming new condo with classic charm in the hub of Capitol Hill, give DeLorges a look.

From their website:

Without a flicker of a doubt, the De Lorges was designed for those whose residential dreams feature a picturesque brick building intimately tucked into a neighborhood full of artistic quirk and architectural integrity.

In other words, you’re a Capitol Hill person—or you’re not.

Built in 1928 in the European revival style, the four-story De Lorges is just such a place. With a carved symbol of French royalty strategically mounted over the main entry door (yes, that would be the artichoke), the De Lorges is vintage at its Greta Garbo-ish best.

But don’t let that fool you. The De Lorges is in the middle of all that is active and urban: one block off Broadway, across the street from the Broadway Market, a few blocks from Volunteer Park.

Total Units: 27 units over 5 stories.
Unit Sizes: Studios & 1bed – from 475 sq. ft. 2 Bed- up to 898 sq. ft.
HOA Dues: From $212/mo.
Dues Include: Water, Sewer, Garbage
Parking: NONE
Website: www.LiveHistoric.com

For more Information about this property, contact Rian Cool

• Phone: 206.375.4146
• Email: RianCool@kw.com

Trace & Trace Lofts – Capitol Hill

Trace Lofts and Trace North on Pike & 12th

• Neighborhood: Capitol Hill
• Address: 1406 12th Ave, Seattle WA 98122
• Price Range: $229,500 – $515,000
• Unit Types: Studio, 1 Bedroom, 2 bedroom

High-quality and cool, Trace features sleek new condos on Pike street that offer some of the best Seattle living, if you’re willing to pay the price! Priced from the $300s to $700s Trace condos demand a premium, but deliver in quality, location & vibe. If you’re looking for a new, hip & totally Seattle home, check out Trace & Trace North.

Their RemarksEmbrace a valuable and vibrant new life at Trace. Center yourself: Luxurious modernist construction in the heart of Seattle’s new loft district, restaurant row.” Sleek new construction designed by Johnson Architecture & Two9 Design. A personalized tour awaits you at Gun Club lounge, 12pm-7pm M-F. 10-6pm Sat/Sun. Your trusted lending partner: First Horizon Home Loans, ensuring your financial protection through closing.

Total Units: 100 Units
Unit Sizes: Studios- 474 sq. ft. 1 Bed- 600-740 sq. ft.
HOA Dues: 1bed: $234/Mo.
Dues Include: Water, Sewer, Garbage
Parking: Underground, Secure
Storage: Storage Included.
Website: www.TraceLofts.com

For more Information about this property, contact Rian Cool

• Phone: 206.375.4146
• Email: RianCool@kw.com

MODE

MODE Condominiums

• Neighborhood: North Capitol Hill
• Address: 752 Bellevue Ave E, Seattle WA 98102
• Price Range: $159,950 – $329,950
• Unit Types: Studio, 1 Bedroom, 2 bedroom

MODE Condominiums offer some of the best priced condos on Capitol Hill. Featuring low prices that start well below $200,000 this conversion project features great interior finishes and a prime location in a great part of Capitol Hill. In their first 3 months of sales they’ve managed to sell 2/3 of the 36 unit building, no doubt a testament to their great prices. This is an ideal Seattle condo option for first-time buyers, investors or anybody looking for a low entry price for what is essentially a new city condo.

Property features include a security gate, central courtyard with BBQ area, storage and limited parking which they are selling on a first-come, first-buy basis. Interior finishes are highlighted by Brazilian hardwood floors, stainless appliances, in-unit laundry stacks & designer touches throughout. Low HOA dues at just $150 for 1 bedroom units is another great bonus for these affordable city homes. These might be the best condo deal in Seattle for 2008/2009!

Total Units: 36 Units. 30 1-bedroom, 3 2-bedroom, 3 studios
Unit Sizes: Studios- 360 sq. ft. 1 Bed- 450 sq. ft. 2 Bed- 700-820 sq. ft.
HOA Dues: Studios: $122/Mo. 1bed: $150/Mo. 2bed: $227/Mo.
Dues Include: Water, Sewer, Garbage
Parking: Available for purchase from $20,000 per spot.
Storage: Basement storage lockers available.
Other Features: Security Gate, BBQ Area, $5,000 buyer bonus
Website: www.ModeSeattle.com
Listing Agent: Rian Cool – 206.375.4146

For more Information about this property, contact Rian Cool

• Phone: 206.375.4146
• Email: RianCool@kw.com