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New in Madison Park North Park Condo
Sought-after one level living situated in the heart of Madison Park! Simply a block to the charming stores and eateries in the park and across the street from a park providing forever protected lake & mountain views. North Park is a boutique building in Madison Park, comprised of only 8 residences. This home in one of 2 units that are on the main level and enjoy a private patio.
NOW PENDING | Offered at $595,000
It Pick: February 2020
Since 1974, Alan Pope has been a top appraiser in King County, Washington. Not only is he a certified appraiser and consultant, he is also a certified relocation professional and has extensive experience in the appraisal process. During our Platinum Group Meeting earlier this month, Alan provided a wonderful summary of the real estate market in 2019.
Capitol Hill Modern
Market Trends: Fourth Quarter of 2019
It Pick: November 2019
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STEVE & YUKIE CARRIGAN
“Despite Laura's intimidatingly-fancy dress in the photo above, she is actually pretty normal once you meet her. Well not exactly, we had already found the house, but brought Laura in to help represent the buyer-side of our deal. She is an expert in Broadmoor and came recommended by a friend of mine who already had been living there. I'd say her mean response time by phone is three seconds; text: 45 seconds and email: about 3.5 minutes…at all hours. She may have a small crew managing her devices in India while the west coast is sleeping. I've bought and sold more than 15 houses in my adult life, having done fixers and rentals. Laura is the most professional realtor that I have ever met.”
CASE STUDY: One-Level Living Sold in Broadmoor!
The story of this sale stretches back to July of 2016 when my clients purchased this home for $2,277,500. They had assumed this residence would be theirs for many years to come and with that in mind, made extensive and expensive improvements. As we all know plans can change, they found another home they loved and this new home needed some work, and they did not want to sell prior to the completion of the remodel.
The first step was to photograph the exterior and gardens last June, when everything was in bloom and the weather was beautiful. We knew at that time that we would probably list their home in early 2020, but when I learned that real estate excise tax would be increasing in January 2020, I suggested that we go ahead and list the home for sale this year and see if we could find a buyer that would close in 2019, but delay possession until early 2020. I felt extremely confident about making my clients needs work for them. At that time, I had just listed and sold a home in the same neighborhood that had three offers, so I knew there were buyers in the market for a one-level home.
We decided to bring it on the market and list it under $3,000,000, which barely covered the extensive upgrades my sellers had made to the home, but they were eager to sell and had special terms, so ultimately it was better to have their home well-priced and get it sold. We listed on a Wednesday and by Friday, we had three fabulous offers to choose from! We sold the home for $3,545,000, $550,000 more than the asking price, and closed in just 10 days.
Cheers to another successful sale!
