The Seattle Condo Blog

200 West Highland

Received word this past week that 200 West Highland received bank approval to begin closing. Currently, the upscale development has 5 homes under contract that it anticipates will close by the end of February.

200 West Highland is situated across the street from Queen Anne’s famous Kerry Park offering homeowners stunning views of downtown and Elliott Bay. Prices of the remaining homes range from $895,000 to $2,050,000.

Website: www.200westhighland.com

Marselle Condos

The Marselle Condominium sent out an update last week announcing that they’ve sold an additional 8 homes to start off the year. Of the remaining properties available, prices begin from $199,990.

Currently, Marselle has several incentives available – a special 95% Seller Financing, no mortgage insurance and no HOA dues until January 2011. Additionally, Marselle is FHA & VA approved.

Website: www.marsellecondos.com

Ruby Condos

The Ruby Condominium is now 65% sold! Comparatively speaking sales at Ruby have been brisk and confirms there is demand for well-priced entry-level condominium homes that are centrally located and close to downtown.

In addition, Ruby recently reduced prices across the board with all homes now priced below $300,000. Ruby is FHA & VA approved.

Website: www.rubycondos.com

Brix – Capitol Hill

Brix is hosting a happy hour this Friday, November 20th, from 5 pm to 7 pm at Townhome #128 on the 10th Avenue side of the building. Refreshments and model home tours will be available. Brix, which sold phenomenally well at auction, has released another set of homes for sale.

Home 514 – Open one Bedroom (523 sq ft, HOA dues $248.51)
Priced at $239,000 (was 349,900)

Home 314 – Open one Bedroom (547 sq ft, HOA dues $259.76)
Priced at $255,000 (was 309,000)

Home 215 – Open one Bedroom (541 sq ft, HOA dues $257.56)
Priced at $255,000 (was 265,000)

Home 332 – True one bedroom, one bath (519 sq ft, HOA dues $242.89)
Priced at $279,000 (was $323,000)

Home 311 – True one bedroom, one bath (671 sq ft, HOA dues $318.22)
Priced at $295,000 (was $399,000)

Home 307 – Open one bedroom with den (789 sq ft, HOA dues $374.48)
Priced at $329,000 (was $420,000)

Home 615 – True one bedroom, on bath (636 sq ft, HOA dues $301.35)
Priced at $350,000 (was $410,000)

Home 113 – One bedroom, 1.5 bath Townhome (814 sq ft, HOA dues $385.73)
Priced at $319,000 (was $459,990)

Home 237 – One bedroom, 1.5 bath Loft (823 sq ft, HOA dues $391.36)
Priced at $355,000 (was $469,900)

Home 128 – Two bedroom with den, 2.5 bath Brownstone (1,165 sq ft, HOA dues $553.28)
Priced at $409,000 (was $560,000)

Canal Station North – Ballard

With adjusted prices and the first-time home buyers tax credit incentive Canal Station sold well in October with 12 home sales. Now, they are offering buyers another incentive – from now until the end of the year Canal Station is offering a $9,000 buyer bonus.

Here’s a sample of the amazing value you’ll find at Canal Station North.
One Bedroom + Den, Suite 646 at 816 sf is priced at $314,950
Two Bedroom + Den, Sutie 253 at 1079 sf is priced at $379,950

Ruby Condos – Eastlake

Ruby is aggressively aiming to close out sales by the end of the year and recently reduced prices again to match market expectations.

HOME #108 – 801 sf. 1 bed/1bath.
Priced at $299, 500 (was $399,990)

HOME #111 – 801 sf. 1 bed/1bath.
Priced at $299,5000 (was $349,990)

HOME #408 – 801 sf. 1 bed/1bath.
Priced at $315,000 (was $399,990)

Home #302 – 934 sf. 1 bed/1bath.
Priced at $305,500 (was $479,990)

Home #214 – 723 sf. 1 bed/1bath.
Priced at $279,500 (was $349,990)

Home #409 – 801 sf. 1 bed/1bath.
Priced at $315,000 (was $399,990)

Home #412 – 809 sf. 1 bed/1bath.
Priced at $315,500 (was $369,990)

The Ruby Condominium, located in Seattle’s Eastlake neighborhood, announced they’re now over 60% sold. They’ve also lowered prices and is FHA approved.

HOME #108 was $399,990, just reduced to $309,500!
801 sf. 1 bed/1bath. Views are spectacular from living room and large ground floor patio surrounded by large landscaped courtyard. 9’ ceilings, smooth and attractive slab granite counters throughout, hardwoods in entry, kitchen and living room. Home 108 is a ground floor home with spacious and comfortable patio surrounded by lush and colorful landscaping throughout the courtyard.

HOME #111 was $349,990, just reduced to $309,500!
801 sf. 1 bed/1bath. Ground floor home. 9’ceilings, smooth and attractive slab granite counters throughout, hardwoods in entry, kitchen and living room. Cozy and spacious outdoor patio surrounded by lushly landscaped courtyard has sweeping views of Lake Union and surrounding area.

HOME #408 was $399,990, just reduced to $335,500!
801 sf. 1 bed/1bath. Sunset and Lake Union views are stunning from living and terrace. 9’ ceilings, smooth and attractive slab granite counters throughout, hardwoods in entry, kitchen and living room. Home 408 is a top floor home with spacious and comfortable terrace looking down to lush and colorful landscaping throughout the courtyard.

Home #302 was $479,990, just reduced to $315,500
934 sf. 1 bed/1bath. 9’ ceilings, large bedroom, and large private deck. Smooth and attractive slab granite counters, hardwoods in entry, living and kitchen. Faces north and west from private terrace off living room.

Home #313 was $399,990, just reduced to $309,500
718 sf. 1 bed/1bath. Unique corner home with convenient area off entry that can be used for a desk or small office area. Home faces north and west overlooking beautifully landscaped courtyard, with dramatic views of Lake Union and surrounding area. 9’ ceilings, smooth and attractive slab granite counters, hardwoods in entry, kitchen and living.

Home #409: was $399,990, just reduced to $325,500
801 sf. 1 bed/1bath. Views are spectacular from living room and large private deck! 9’ ceilings, smooth and attractive slab granite counters throughout, hardwoods in entry, kitchen and living room. Great price for 3rd floor home with large terrace and sweeping views of Space Needle and Lake Union!

Ruby’s Website: www.RubyCondos.com

All homes include one garage parking and storage.
FHA, low-down financing available through Seattle Mortgage.
Dimensions are as per the “as built” survey in the POS. Prices and terms are subject to change without notice.

Veer Lofts – South Lake Union:
Offering special, limited time pricing on six units that closes by February 22, 2009. The units, two flats and four flexi-lofts, are being offered between $285,000 to $299,000. The flexi’s were priced in the high-$300,000’s, so good deals. The two flats are approximately 750 sq ft, one a corner unit with lake view and the other with city views. Two of the flexi’s have city views and two are on the back side with Space Needle views. www.veerlofts.com

Veer is offering other incentives as well:

• No HOA dues until September 2010
• Paid closing costs up to $7,450
• A $1,000 Ikea gift certificate
• Two $500 Alaska Air gift certificates
• A 1-year membership to Rain Fitness

Ruby – Eastlake:
A VIP grand opening is planned for the weekend of January 24th/25th from 11 am to 5 pm. Ruby is a new construction development by Barrientos whose other recent projects include The Pearl, Leona, The Bernard and The Packard. Homes at Ruby start from $269,990. www.rubycondos.com

Brix – Capitol Hill/Broadway:
Broadway-side building is complete with a grand opening scheduled for January 31st. They are offering a grand opening special — no HOA dues till 2011. See Matt’s post about mechanic’s lien and possible legal action involving the general contractor. www.brixcondos.com

Fini – Phinney Ridge:
Announced they are offering “close out” pricing on their final four units, all one-bedroom + dens that are priced from $399, 990 to $449,990. www.finicondos.com

Rollin Street Flats – Gateway / South Lake Union:
Vulcan announced that Rollin Street received a few awards from The Nationals sales and marketing competition, presented by a group that’s part of the National Association of Home Builders. Rollin’s received a Gold Award for Best Website for an urban community and two Silver Awards for best attached community and best brochure. www.rollinstreet.com

On the Horizon

Eastlake area – Ruby Condominiums (website) at northern tip of Eastlake Ave E at E. Allison.

Lower Queen Anne – Luxe Condominiums (website) at 500 5th Ave W. Thirty-nine flats starting from the low $300,000s.

Escala Unveils Revamped Website

Escala unveiled a new website with additional features including home floor plans, an impressive virtual tour and a webcam.

Fini Preview Event Update

Fini’s VIP Preview Event will be held next weekend, May 5th & 6th from 11:00 AM to 6:00 PM at their presentation center at 6802 Greenwood Ave N. (map). Homes will be available for purchase at the preview event with a 5% deposit.

Seattle Condo Expo 2007

Click here for updated event info.

The Seattle Condo Expo and Realtor Symposium is set for May 19th & 20th at the Westin Hotel. Tickets will go on sale on May 1st and those interested in attending can register on their website. The cost of the event is $10 and can be purchased at www.SeattleTixx.com.

Kiro Radio has several short podcasts of interviews with several leading individuals in the Seattle condo craze including the developers of AVA & 1 Hotel, Blaine Weber of Weber + Thompson, Dean Jones of Realogics and economist Matthew Gardner of Gardner-Johnson…to name a few.

The event has blossomed into a two-day expo with a consumer focus. Last year, it was a single evening event aimed towards Realtors. The change this year sounds like a great opportunity for the buyers to immerse themselves with various projects at a single location as well as provide an opportunity to meet with architects and developers.