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inside this issue

AUG UST 2014 E D ITION | SALES STATS FOR J U LY 2014

Featured Building81 Vine

Market AnalysisSeattle area Trends & Prices

Sold Listings Last MonthDowntown Seattle, Queen Anne & Capitol Hill / Eastlake

Featured ListingCute Unit at the Vine

020304

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C O N D O S C O O P

206.910.5000www.stroupe.com

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Originally built in 1914, 81 Vine was renovated in 1999 by developer and architect Carolyn Geise. During the renovation the top 2 stories were added to make the building a 5-story brick mid-rise. The building consists of only 20 units offering studio lofts, 1-bedrooms, 2-bedrooms and 2-story lofts with the majority of the homes offering the original exposed brick walls and high ceiling. The cylinder shaped sculpture near the entrance was designed by Buster Simpson and is attached to the building’s gutter system. This sculpture has bio-filtration system and was designed for residents to use to water plants growing on the community rooftop terrace.

featured building

81 vineLEGENDARY LOFTS.

ADDRESS

81 Vine

NEIGHBORHOOD

Belltown

TOTAL # OF UNITS

23 (not including commercial)

YEAR BUILT

1914

TOTAL STORIES

5

LISTING HISTORY, PAST 12 MONTHS

(From 8/1/13 to 7/31/14 )

Total # of Units Listed: 4 (units that were relisted after coming off the market are counted as one)

Total # of Unit Sales: 2 (plus zero sold subject to inspection, zero pending sales)

Currently Active on Market: 0 (as of 8/5/14)

SALES HISTORY, PAST 12 MONTHS

Average-Unit Orig. List Price: $344,950

Average-Unit Sale Price: $329,000

List / Sold Price Ratio: 95.4%

Average-Sold Price per sq/ft: $456.72

Average Market Time: 137 days

AMENITIES

A/C (Some Units), Historic, Secured Parking (Assigned – not all units)

BUILDING FACTS & STATS

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market analysis

local market activityMARKET TRENDS, PRICING AND SALES FOR THE PAST MONTH IN THE SEATTLE AREA

DOWNTOWN SEATTLE QUEEN ANNE CAPITOL HILL/EASTLAKE

Average Prices2013 2014

List $505,893 List $683,917

Sold $498,107 Sold $665,245

-1.54% Variance -2.73% Variance

Sold Listings

42

41

-2.4% Change

Average $ / SF

$489

$627

28.2% Change

Average Prices2013 2014

List $349,343 List $350,644

Sold $347,321 Sold $343,739

-0.58% Variance -1.97% Variance

Sold Listings

29

41

41.38% Change

Average $ / SF

$378

$372

-1.59% Change

Average Prices2013 2014

List $314,600 List $306,881

Sold $313,214 Sold $306,110

-0.44% Variance -0.25% Variance

Sold Listings

43

48

11.63% Change

Average $ / SF

$375

$401

6.93% Change2013July

2014 2013July

20142013July

2014

Downtown Seattle Queen Anne Capitol Hill/Eastlake

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.

$800K

$700K

$600K

$500K

$400K

$300K

$200K

Downtown Seattle

Queen Anne

Capitol Hill / Eastlake

J A S O N D J F M A M J J2013 2014

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

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listings

sold listings last month DOWNTOWN SEATTLE

1521 1521 2nd Ave 2800 1824 1,234 2 1.75 6 $ 2,350,000 $ 2,250,000 1521 2nd Ave 2803 1664 1,163 2 1.75 6 $ 1,995,000 $ 1,935,000 1521 2nd Ave 904 1723 885 2 1.75 6 $ 1,550,000 $ 1,525,000

Belltown Court 2415 2nd Ave 647 783 428 2 1 20 $ 339,950 $ 335,000 2415 2nd Ave 448 579 468 1 1 20 $ 275,000 $ 271,000

Carbon 56 2015 Terry Ave 410 774 454 1 1 10 $ 351,500 $ 351,500 2015 Terry Ave 414 774 454 1 1 10 $ 351,500 $ 351,500 2015 Terry Ave 406 774 450 1 1 10 $ 351,500 $ 347,985 2015 Terry Ave 405 667 494 1 1 10 $ 329,500 $ 329,500

Cristalla 2033 2nd Ave 1409 2504 599 3 2.5 9 $ 1,599,000 $ 1,500,000 2033 2nd Ave 910 887 622 1 1.5 9 $ 550,000 $ 551,300

Ellington 2801 1st Ave 309 1283 425 2 1.75 13 $ 545,000 $ 545,000 2801 1st Ave 507 719 487 1 1 13 $ 350,000 $ 350,000

Escala 1920 4th Ave 2705 1878 626 2 2.5 4 $ 1,224,000 $ 1,175,000 1920 4th Ave 1508 1607 591 2 2 4 $ 959,950 $ 950,000 1920 4th Ave 1804 910 749 1 1.5 4 $ 626,000 $ 681,500

Olive 8 737 Olive Wy 3502 1586 788 2 2 5 $ 1,282,000 $ 1,250,000 737 Olive Wy 2209 690 681 1 1 5 $ 480,000 $ 470,000

Parc 76 Cedar St 611 880 483 1 1 6 $ 429,500 $ 425,000 81 Clay St 327 618 445 1 1 6 $ 279,500 $ 275,000 76 Cedar St 207 640 406 1 1 6 $ 259,000 $ 260,000 76 Cedar St 608 469 454 0 1 6 $ 213,000 $ 213,000

Other Properties 99 Union St 1704 2120 1,285 2 2.5 6 $ 2,988,000 $ 2,725,000 2607 Western Ave 1105 1494 582 2 1.75 12 $ 869,950 $ 869,950 2716 Elliott Ave 902 1495 528 2 2 11 $ 799,950 $ 790,000 2821 2nd Ave 802 1371 480 2 1.75 32 $ 668,000 $ 658,000 900 Lenora St W-200 1379 456 2 2 8 $ 648,000 $ 628,560 909 5th Ave 604 1208 471 1 1.5 7 $ 599,000 $ 569,000 1900 Alaskan Wy V-214 1151 469 2 1.75 17 $ 599,900 $ 540,000 820 Blanchard St 1409 980 510 1 1.25 5 $ 510,000 $ 500,000 2125 1st Ave 1803 832 552 1 1 33 $ 475,000 $ 459,000 1107 1st Ave 801 807 477 1 1 31 $ 385,000 $ 385,000 159 Denny Wy 306 788 471 1 1.5 9 $ 365,000 $ 371,000 1507 Western Ave R-204 1153 309 1 1 104 $ 369,000 $ 356,299 121 Vine St 2007 855 409 1 1 25 $ 350,000 $ 350,000 2600 2nd Ave 905 637 549 1 1 21 $ 359,000 $ 350,000 2720 3rd Ave 615 637 534 1 1 7 $ 340,000 $ 340,000 2717 Western Ave 5000 680 500 1 1 13 $ 339,950 $ 339,950 2100 3rd Ave 1003 779 404 1 1.5 41 $ 299,000 $ 315,000 425 Vine St 410 480 419 1 1 15 $ 195,000 $ 201,000 108 5th Ave S 508 444 417 0 1 13 $ 189,950 $ 185,000

ADDRESS UNIT SF $ / SF BED BATH AGE LIST PRICE SOLD PRICE

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listings

sold listings last month

QUEEN ANNE

22 W Lee St 403 1644 484 2 2 9 $ 795,000 $ 795,000 2420 8th Ave N 103 1662 376 2 2 22 $ 624,950 $ 625,000 524 6th Ave W 501 1415 428 2 1.75 17 $ 605,000 $ 605,000 4022 Stone Wy N 504 1359 405 2 2 9 $ 574,950 $ 550,000 2120 8th Ave N 301 1192 445 2 2 23 $ 550,000 $ 530,000 561 Ward St A-561 1029 462 2 1.75 13 $ 490,000 $ 475,000 655 Crockett St A-107 1060 442 1 2 10 $ 469,000 $ 469,000 1401 5th Ave W 410 792 574 1 1.25 94 $ 469,000 $ 455,000 655 Crockett St A-208 1101 409 2 1.75 10 $ 469,950 $ 450,500 2565 Dexter Ave N 305 1882 239 2 2 39 $ 460,000 $ 450,000 100 W Highland Dr 224 853 478 1 1 93 $ 410,000 $ 407,500 3003 14th Ave W 203 1080 375 2 1.5 26 $ 409,000 $ 404,500 1250 Taylor Ave N 406 1323 302 2 2 36 $ 415,000 $ 400,000 801 2nd Ave N 205 1031 354 2 1.75 20 $ 360,000 $ 365,000 200 W Comstock 203 844 427 1 1 9 $ 355,000 $ 360,000 133 Queen Anne Ave N 304 770 468 1 1 11 $ 359,950 $ 360,000 524 6th Ave W 310 920 390 2 2 17 $ 359,000 $ 359,000 1001 Queen Anne Ave N 305 1072 331 2 1.5 44 $ 369,000 $ 355,000 501 Roy St C-240 697 466 1 1 7 $ 329,000 $ 325,000 415 W Mercer St 202 926 347 1 1 51 $ 325,000 $ 321,500 1730 Taylor Ave N 208 875 366 2 1 46 $ 325,000 $ 320,000 1730 Taylor Ave N 309 915 350 2 1 46 $ 330,000 $ 320,000 3622 14th Ave W 102 1220 250 2 2 24 $ 329,950 $ 305,000 500 Aloha St 104 697 423 1 1 22 $ 299,950 $ 295,000 57 Etruria St 302 1015 286 2 1.75 29 $ 299,950 $ 290,000 330 W Olympic Place 207 653 436 1 1 57 $ 285,000 $ 285,000 655 Crockett St B-304 524 510 0 1 10 $ 274,999 $ 267,000 500 W Olympic Place 106 950 272 2 1.5 52 $ 259,900 $ 258,000 2040 13th Ave W 22 773 330 1 1 25 $ 249,900 $ 255,000 18 Dravus St 308 597 422 1 1 15 $ 259,950 $ 252,000 275 W Roy St 116 598 408 1 1 32 $ 244,000 $ 244,000 566 Prospect St 409 570 421 1 1 25 $ 240,000 $ 240,000 550 Aloha St 307 685 343 1 1 33 $ 249,500 $ 235,000 124 Warren Ave N 305 546 403 1 1 84 $ 239,000 $ 220,000 621 5th Ave N 401 684 294 1 1 15 $ 229,900 $ 201,000 965 W Nickerson St 23 993 201 1 1 30 $ 199,900 $ 200,000 3420 15th Ave W 206 629 302 1 1 54 $ 187,500 $ 190,000 2530 15th Ave W 301 778 231 1 1 14 $ 179,900 $ 179,900 123 John St 10 568 290 1 1 107 $ 169,900 $ 165,000 220 W Olympic Place 207 580 282 1 1 84 $ 163,500 $ 163,500 129 Warren Ave N 20 404 361 0 1 110 $ 159,900 $ 145,900

ADDRESS UNIT SF $ / SF BED BATH AGE LIST PRICE SOLD PRICE

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listings

sold listings last monthCAPITOL HILL / EASTLAKE

1101 Seneca St 1201 1116 469 2 1.75 33 $ 489,000 $ 523,000 1101 Seneca St 1401 1113 458 2 1.75 33 $ 499,950 $ 510,000 1406 Harvard Ave 9 928 540 1 1.5 106 $ 465,000 $ 501,500 1406 Harvard Ave 8 1175 391 2 1.75 106 $ 475,000 $ 460,000 525 Belmont Ave E 5-B 840 537 2 1 49 $ 430,000 $ 451,000 1505 11th Ave 210 1014 436 1 1 101 $ 459,000 $ 442,500 530 Broadway E 221 1001 435 1 1.5 6 $ 450,000 $ 435,000 1111 E Pike St 301 794 504 1 1 6 $ 415,000 $ 400,000 231 Belmont Ave E 407 824 484 2 1 25 $ 415,000 $ 399,000 200 17th Ave E 304 707 559 1 1 85 $ 400,000 $ 395,000 3217 Eastlake Ave E 307 1003 378 2 1.75 11 $ 379,000 $ 379,000 615 Boren Ave 27 1112 328 2 1 105 $ 399,000 $ 365,000 1414 12th Ave 507 740 486 1 1 6 $ 358,900 $ 360,000 1000 Bellevue Place E 4 961 367 2 1.5 29 $ 349,950 $ 353,000 1300 University St 6-D 827 411 2 1 34 $ 365,000 $ 340,000 124 Bellevue Ave E 306 762 433 1 1 7 $ 330,000 $ 330,000 700 E Denny Wy 202 789 414 2 2 14 $ 339,000 $ 327,000 503 E Harrison St 13 820 396 2 1 61 $ 315,000 $ 325,000 2700 S Elmwood Place A 1030 316 2 2.25 10 $ 325,000 $ 325,000 303 13th Ave E 303 1054 308 2 1.75 34 $ 324,950 $ 325,000 532 19th Ave 1 887 345 2 1 110 $ 284,950 $ 306,000 525 16th Ave E 303 674 453 1 1 87 $ 309,995 $ 305,000 1819 E Denny Wy 104 865 334 2 2 18 $ 289,000 $ 289,000 711 E Denny Wy 302 572 505 1 1.5 25 $ 289,000 $ 289,000 412 11th Ave 502 760 372 1 1 12 $ 295,000 $ 283,000 1515 E Union St 303 887 318 1 1 33 $ 259,000 $ 282,000 1101 18th Ave 1718 574 484 1 1 86 $ 289,000 $ 278,000 1221 Minor Ave 708 675 404 1 1 54 $ 264,950 $ 272,500 1105 Spring St 908 620 435 1 1 64 $ 284,900 $ 270,000 2203 Yale Ave E B-1 590 446 1 1 86 $ 238,800 $ 263,000 1105 Spring St 1110 640 406 1 1 64 $ 265,000 $ 260,000 308 E Republican St 605 751 346 1 1 53 $ 265,000 $ 260,000 211 Summit Ave E S-315 557 467 1 1 30 $ 267,900 $ 260,000 1707 Boylston Ave 205 665 388 1 1 19 $ 259,950 $ 258,000 1100 17th Ave 101 800 320 1 1 85 $ 250,000 $ 256,000 1711 E Olive Wy N-508 466 528 0 1 8 $ 237,500 $ 246,100 1414 12th Ave 504 488 457 0 1 7 $ 223,250 $ 223,000 308 E Republican St 706 670 325 1 1 53 $ 224,900 $ 218,000 311 E Republican St 100 629 326 0 0.75 11 $ 205,000 $ 205,000 103 Bellevue Ave E 506 425 482 0 1 10 $ 205,000 $ 205,000 1723 13th AveS 304 801 251 2 1 46 $ 200,900 $ 200,900 300 10th Ave A-105 578 346 1 1 24 $ 199,900 $ 200,000 403 Terry Ave 103 626 316 1 1 107 $ 199,900 $ 198,000 233 14th Ave E 106 396 492 0 1 86 $ 194,900 $ 194,900 833 Davis Place S 103 610 311 1 1 10 $ 189,900 $ 189,900 1605 E Olive St B 650 285 1 1 87 $ 198,000 $ 185,000 214 Summit Ave E 103 600 292 1 1 97 $ 180,000 $ 175,000 1200 Boylston Ave 402 570 307 1 1 54 $ 174,950 $ 175,000

ADDRESS UNIT SF $ / SF BED BATH AGE LIST PRICE SOLD PRICE

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featured listing

cute unit at the vineBRIGHT AND BEAUTIFUL ONE BEDROOM UNIT

Relish living in this alluring unit at the Vine. Features include balcony off the living room; large kitchen w/ eating bar, pantry & gas cooking; gas fireplace; custom shower; secured parking & storage unit. The award winning Vine Building offers 1st class amenities such as 24 hour concierge, 2 guest suites, fitness room, hobby room, car wash, club room & roof top deck with stunning views. Pet friendly, walking distance to all of downtown & waterfront. Exceptional building in great neighborhood.

Schedule a Showing

ADDRESS

2607 Western Avenue, #512

PRICE

$310,000

BEDROOMS

1

BATHROOMS

1.0

PARKING

1 space (Secured)

YEAR BUILT

2002

SIZE

641 SF (per King Co. Tax Records)

HOD

$369/month

TAXES

$2,249/year (Tax Year of 2013)

BUILDING FEATURES

Concierge (Full Time), Club Room (Full Kitchen), Fitness Center, Terrace (Rooftop), A/C (Common Spaces + Some Units), Secured Parking (Assigned)

PROPERTY DETAILS

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featured in our next edition…

Canal StationCONTEMPORARY LIVING IN HISTORIC BALLARD

ADDRESS

5440 Leary Ave NW

TOTAL # OF UNITS

163 (entire complex)

YEAR BUILT

2007

AMENITIES

Concierge (Part Time),Hot tub (Outdoor), Sauna, Business Center, Conference Room, Club Room (Full Kitchen), Fitness Center, Terrace (Patio + Courtyard), A/C (Common Spaces Only), Secured Parking(Assigned)

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.

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