Condo’s and Town Homes - Special Agents Realty Life Is Better When You Own It™ Wed, 22 Jan 2025 22:38:15 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.5 https://idx.specialagentsrealty.com/wp-content/uploads/2020/12/cropped-faci-site-32x32.jpg Condo’s and Town Homes - Special Agents Realty 32 32 Modern Elegance ~The Jade Residences Condominium (PENDING SALE) https://idx.specialagentsrealty.com/modern-elegance-at-the-jade-residences/ Wed, 22 Jan 2025 09:00:07 +0000 https://idx.specialagentsrealty.com/?p=35390 Discover Modern Luxury at The Jade Residences Condominium ~Life Is Better When You Own It~ IN CONTRACT !!! 11903 NE 128th St. Unit #502, Kirkland, WA 98034 3D Matterport Video Tour – Click Here Take a walk through… Watch video https://cdn.virtuance.com/v_residential/634406/videos/11903_NE_128th_Street_Unit_502.mp4 Welcome to Unit 502, a Northwest-facing corner unit located on 128th at The Jade […]

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Discover Modern Luxury at The Jade Residences Condominium

~Life Is Better When You Own It~

IN CONTRACT !!!

11903 NE 128th St. Unit #502, Kirkland, WA 98034

3D Matterport Video TourClick Here

Take a walk through… Watch video

Welcome to Unit 502, a Northwest-facing corner unit located on 128th at The Jade Residences. This exceptional home offers spectacular views from its expansive 16’x16′ corner deck, where you can witness both sunrise and sunset—a true embodiment of the best of all worlds.

Enter through a stunning lobby that sets the stage for elegance and warmth, welcoming you home to this meticulously crafted residence. Natural light floods through expansive windows, illuminating the sleek interior characterized by soaring 10′ ceilings and a thoughtful split AC/heat system for year-round comfort.

Unit 502 features:

  • 985 Square Feet
  • 2 Bedrooms, 2 Baths: Thoughtfully designed for privacy and relaxation.
  • Coveted TWO Garage Parking Spaces (P-2 61 & 62): This includes the potential for electric vehicle charging and meeting modern lifestyle needs.
  • Convenient Storage Lockers: Located on the P-2 Level, providing ample space for personal items.
  • Expansive Corner Deck: Enjoy breathtaking views and outdoor living space ideal for relaxation and entertainment.

Residents of The Jade Residences enjoy an array of exceptional amenities:  

  • Home Owner Dues: $1,062.45 per month
  • Hi-Speed Internet: Included in HOD’s
  • Concierge Service: Available daily from 10:00 AM to 6:00 PM, offering personalized assistance. Included in HOD’s
  • Versatile Clubroom/Owners Lounge: Perfect for socializing or hosting events, complete with an outdoor fireplace, seating, and a full kitchen.  Included in HOD’s
  • Well-Equipped Gym: Stay active with state-of-the-art fitness facilities. Included in HOD’s
  • Package Delivery Room: Featuring secure lockers and cold storage for organized handling of food deliveries. Included in HOD’s
  • Dazzling Rooftop Deck: Enjoy BBQ facilities, a fire pit, and breathtaking views for memorable gatherings. Included in HOD’s
  • Bike Storage: Equipped with tools to support outdoor adventures on nearby Eastside trail systems. Included in HOD’s
  • Pet-friendly amenities include a convenient pet bathing station and no rental cap, which is ideal for pet owners. Included in HOD’s
  • No Rental Cap: Minimum 30 plus days short-term ok

Centrally located near The Village at Totem Lake, residents benefit from easy access to dining, shopping, parks, trails, and transit options.

Make Unit 502 Your Home – where convenience meets luxury in a vibrant community setting, offering unparalleled views and a lifestyle of comfort and sophistication. Whether enjoying the sunrise from your corner deck or hosting friends in the owner’s lounge, The Jade Residences provides the perfect blend of modern living and exceptional amenities.

Exterior Front Entry
Exterior Front Entry
Exterior Front
Exterior Front – located the second unit from the top floor (corner unit with covered deck)…

Exterior Front

Coveted upper-level CORNER unit.

Lobby
Lobby
Lobby
Lobby
Foyer
Foyer
Living Room
Living Room
Living Room
Living Room
Living Room
Living Room
Living Room Feature
Living Room Feature
Dining Room
Dining Room
Kitchen
Kitchen
Kitchen
Kitchen
Kitchen
Kitchen
Primary Bedroom
Primary Bedroom
Primary Bedroom
Primary Bedroom
Primary Bathroom
Primary Bathroom
Primary Bathroom
Primary Bathroom
Bedroom
Bedroom
Bathroom
Bathroom
Laundry Room
Laundry Room
Fitness Center
Fitness Center
Community Lounge
Community Lounge
Community Lounge
Community Lounge
Community Lounge Kitchen
Community Lounge Kitchen
Dog Bathing
Dog Bathing
Bike Storage
Bike Storage
Reserved Parking
Reserved Parking
Mailroom
Mailroom
Mailroom
Mailroom
Interior Front Entry
Interior Front Entry
Balcony
Balcony
Balcony
Balcony
Exterior Side
Exterior Side
Rooftop Balcony
Rooftop Balcony
Rooftop Balcony
Rooftop Balcony
Exterior Amenities
Exterior Amenities
The Village At Totem Lake
The Village At Totem Lake
The Village At Totem Lake
The Village At Totem Lake
The Village At Totem Lake
The Village At Totem Lake
The Village At Totem Lake
The Village At Totem Lake
The Village At Totem Lake
The Village At Totem Lake
The Village At Totem Lake
The Village At Totem Lake

Contact:

Linda M. Bagley 
C: (206)419-0065
Owner / Designated Broker License # 17584
Special Agents Realty
Specializing in Residential Properties and Floating Properties!

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35390
Noble Firs Condo in Park Like Setting 2 bed/2bath https://idx.specialagentsrealty.com/noble-firs-condo-in-park-like-setting-2-bed-2bath/ Tue, 30 May 2023 17:00:38 +0000 https://idx.specialagentsrealty.com/?p=21321 Stunning Vaulted Ceilings 1522 NE 140th St. #C-5, Seattle, WA 98125 MLS #2040637 SOLD – $511,999 Welcome home to Noble Firs Condo which features such as a large clubhouse with large picturesque windows overlooking parklike landscapes and trails. Additional features such as a game room with plenty of books to enjoy reading, a pool table, […]

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Stunning Vaulted Ceilings
1522 NE 140th St. #C-5, Seattle, WA 98125
MLS #2040637

SOLD – $511,999

Welcome home to Noble Firs Condo which features such as a large clubhouse with large picturesque windows overlooking parklike landscapes and trails. Additional features such as a game room with plenty of books to enjoy reading, a pool table, and a large event room to host events with a fully stocked kitchen.  Bask in the heated swimming pool, take a stroll on the winding trails throughout the site, and enjoy ponds and fountains. The community club has showers and his and hers private saunas. The clubhouse also has a workout room when the weather isn’t cooperating.

Located in a beautiful gated community with walking trails located one block from parks, a golf course, minutes to Lake Washington, The Kraken, the University of Washington, the light rail, and a short walk to shopping and dining.

This condo has a wonderful floor plan (shy 1600 sf) with vaulted ceilings in the living room and primary bedroom (2 bdr/2 bath). A huge tiled balcony overlooks a park-like setting with walls of windows & doors to the living room and private primary bedroom. The primary bed-bath includes second vanity and walk-in closet. Stunning large open living room with wood fireplace and beautiful stone mantel, wet bar, formal dining, breakfast nook, galley kitchen, laundry room with washer/dryer, linen closet, and coat closet. The foyer/entry on the lower level has a hidden coat closet behind the mirrored wall and an additional storage unit in the basement. Just professionally re-painted!

The resale Certificate and inspection are ready for a fast closing…

  • Year Built – 1973
  • Square Feet – 1568
  • 2 bedroom / 2 full bath
  • Condo HODs – $611 / mo (includes water, sewer, garbage, common area maintenance, road maint., snow removal)
  • Property Tax – $4000.27 / yr
  • Amenities include a
    • heated swimming pool,
    • BBQ area,
    • clubhouse,
    • exercise room,
    • game/recreation room,
    • library,
    • sauna,
    • security gate,
    • walking trails,
    • enjoy ponds and fountains

Virtual Tour

1522 NE 140th St Unit C 5 Seattle WA Web Quality 001 02 Exterior Front
Exterior Front, lower level stairs to the storage room on the left
1522 NE 140th St Unit C 5 Seattle WA Web Quality 000 01 Exterior Front
Exterior front entry
1522 NE 140th St Unit C 5 Seattle WA Web Quality 027 32 Balcony
Large Balcony/deck with water spigot in a store room on deck for gardening
1522 NE 140th St Unit C 5 Seattle WA Web Quality 002 03 Exterior Front Entry
Exterior front entry
1522 NE 140th St Unit C 5 Seattle WA Web Quality 003 04 Foyer
Lower level foyer/entry with closet
1522 NE 140th St Unit C 5 Seattle WA Web Quality 004 07 Living Room
Living room, dining room, and wet bar
1522 NE 140th St Unit C 5 Seattle WA Web Quality 005 08 Living Room
Living Room with fireplace
1522 NE 140th St Unit C 5 Seattle WA Web Quality 007 10 Living Room Feature
Living Room has stunning vaulted ceilings with large beams
1522 NE 140th St Unit C 5 Seattle WA Web Quality 008 11 Dining Room
Main Dining Room
1522 NE 140th St Unit C 5 Seattle WA Web Quality 009 12 Dining Room
Enter the kitchen from the dining and living room
1522 NE 140th St Unit C 5 Seattle WA Web Quality 010 13 Kitchen
Galley Kitchen
1522 NE 140th St Unit C 5 Seattle WA Web Quality 011 14 Kitchen
Kitchen
1522 NE 140th St Unit C 5 Seattle WA Web Quality 012 15 Kitchen
Kitchen ceiling open to beams
1522 NE 140th St Unit C 5 Seattle WA Web Quality 013 16 Breakfast Area
Breakfast nook
1522 NE 140th St Unit C 5 Seattle WA Web Quality 014 17 Breakfast Area
Additional breakfast area
1522 NE 140th St Unit C 5 Seattle WA Web Quality 015 18 Primary Bedroom
Primary bedroom
1522 NE 140th St Unit C 5 Seattle WA Web Quality 016 19 Primary Bedroom
Primary bedroom opens to the deck
1522 NE 140th St Unit C 5 Seattle WA Web Quality 017 20 Primary Bedroom
Primary Bedroom ceilings are vaulted
1522 NE 140th St Unit C 5 Seattle WA Web Quality 018 21 Primary Bathroom
Additional vanity just off the primary bathroom
1522 NE 140th St Unit C 5 Seattle WA Web Quality 019 22 Primary Bathroom
Newly tiled floor in the primary bathroom
1522 NE 140th St Unit C 5 Seattle WA Web Quality 020 23 Primary Bedroom Closet
Primary Bedroom Walk-in Closet
1522 NE 140th St Unit C 5 Seattle WA Web Quality 021 24 Bedroom
Second large Bedroom
1522 NE 140th St Unit C 5 Seattle WA Web Quality 022 25 Bathroom
Second full bathroom
1522 NE 140th St Unit C 5 Seattle WA Web Quality 023 26 Laundry Room
Laundry Room, with forced air furnace behind the door
1522 NE 140th St Unit C 5 Seattle WA Web Quality 024 27 Bar
You will love this Wet Bar
1522 NE 140th St Unit C 5 Seattle WA Web Quality 025 28 Noble Firs Condo
Noble Firs Condo gym area
1522 NE 140th St Unit C 5 Seattle WA Web Quality 026 30 Noble Firs Condo
Noble Firs Condo Game Room
1522 NE 140th St Unit C 5 Seattle WA Web Quality 028 34 Views
Trails and views from the deck
1522 NE 140th St Unit C 5 Seattle WA Web Quality 029 35 Parking
Assigned parking right outside your door
1522 NE 140th St Unit C 5 Seattle WA Web Quality 030 36 Noble Firs Condo
Noble Firs Condo heated pool, saunas and BBQ area
1522 NE 140th St Unit C 5 Seattle WA Web Quality 031 38 Noble Firs Condo
Noble Firs Condo ponds

Looking at all offers on April 18th.

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Luxury Urban Condo ‘Gallery Belltown Condominiums’ (SOLD) https://idx.specialagentsrealty.com/luxury-urban-condo-gallery-belltown-condominiums/ Mon, 31 Jan 2022 21:05:25 +0000 https://idx.specialagentsrealty.com/?p=17757 Spectacular Puget Sound and Seattle Waterfront Views $499,000 – MLS #1996464 SOLD !!! 2911 2nd Ave #817, Seattle, WA 98121 View photo tour! Welcome to The Gallery, luxury urban living at Seattle’s most coveted condo, a short walk to Waterfront Park, The Great Wheel, Pike Place Market, theatres and fine dining. Many features include a […]

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Spectacular Puget Sound and Seattle Waterfront Views

$499,000 – MLS #1996464

SOLD !!!

2911 2nd Ave #817, Seattle, WA 98121

View photo tour!

Welcome to The Gallery, luxury urban living at Seattle’s most coveted condo, a short walk to Waterfront Park, The Great Wheel, Pike Place Market, theatres and fine dining. Many features include a wall of windows with sweeping views of the Puget Sound & Olympic Mountains. Many amenities, including Fitness Center, Business Center w/conferance rooms, Owners Lounge, Sky Lounge, Guest Suites, Rooftop Terrace w/BBQ and incredible views of the Puget Sound & Space Needle. Also, bike storage, dog bathing & walking, 24/7 concierge and parking garage space #81 on G2 and storage. No rental Cap, minimum 30-day rentals, pet friendly! Make this your home or home away from home. Spectacular location for biking, walking, urban living & enjoying life in the Belltown neighborhood.

  • Year Built 2008
  • 672 Square Feet
  • Home Owner Dues $567/mo – includes water, garbage, gas, central hot water, concierge, security, earthquake ins., common area maintenance (WOW!!)
  • Property Tax 2022 $4248 /annually
  • 1-bedroom & 1-full bath
  • Hardwoods throughout
  • Granite counters
  • Gas range – All Stainless Steel Appliances
  • Full-size Stack Washer/Dryer
  • 24/7 Concierge-Rotating art exhibits in the lobby
  • Pet friendly, with dog bathing and Walking space
  • Two Guest Suites on Level 2 for rent
  • The fitness room is fully equipped on Level 2
  • Rooftop deck w/BBQ, lounging with sweeping views
  • Sky lounge on 7th-floor w/kitchen and a huge terrace includes BBQ, dining and lounge chairs to enjoy incredible views
  • Includes a parking garage (G2-space #81)
  • Storage #243 is located on floor 2, second storage unit to the right
  • Bike storage reservation
  • No rental Cap-Minimum 30-day rentals permitted
02 Exterior Front
Spectacular location and phenomenal bike trails with excellent transportation right outside your door.
03 Exterior Front
Check out how close it is to the waterfront.
04 Exterior Front Entry
Gorgeous entry… 24/7 concierge services.
05 Lobby
The lobby is stunning.
06 Lobby
The lobby has rotating art from local artists.
07 Foyer
The foyer of the condo is large with a double-wide entry closet (not pictured) to the left…
08 Living Room
The living room has floor-to-ceiling windows to enjoy sweeping views of the Puget Sound and spectacular sunsets.
09 Living Room
Look to the left to see the stadiums where you will always know when our teams score by seeing the fireworks.
33 Patio
A fantastic view from the Condo Unit deck.
34 Patio
Condo Unit Deck views to the left are also beautiful.
10 Living Room
Wide open spaces and absolutely stunning hardwood floors.
11 Living Room
Partially furnished! The dining table seats 6  so there is a ton of room for entertaining in your unit or head to one of three common owners’ lounges.
12 Dining Room
Beautifull!!!!
14 Kitchen
I love this kitchen, it is so light and bright, fully equipped for the chef-inspired in you.
15 Kitchen
All stainless appliances, gas range and an amazing amount of cabinet space.
16 Kitchen
Love the lift-up upper cabinetry.
17 Primary Bedroom
This is a queen-size bed and you may likely easily fit a king aimed in one of two directions.
18 Primary Bedroom
The closet goes end to end spanning the entire wall.
19 Primary Bathroom
Full bathroom…
20 Primary Bathroom
Looking towards the foyer and a large entry closet.
21 Lounge
In the Owners Lounge on level 2, you will see the theater and many other amenities…
23 Lounge
The Owners Lounge on Level 2 has a Table Tennis and Pool Table located off the theater room.
24 Lounge
In the Owners Lounge, you will also find a fully equipped kitchen for large groups.
25 Lounge
The Owners Lounge on Level 2 also has a semi-private dining/conference room.
26 Lounge
Owners Lounge sitting/reading room…
27 Lounge
Entry to the Owners Lounge on Level 2. Gorgeous!!!
28 Meeting Room
The Business Office is located on Level 2 just down the hall from the Owners Lounge and is fully equipped to work onsite.
29 Meeting Room
A smaller conference room with its own entry is located next to the Business office.
30 Fitness Center
Continue down the hall to the Fitness Center which is extremely well equipped. Also on level 2 not pictured are two guest suites you can rent in advance.
32 Rooftop Lounge
The Sky Lounge is located on Level 7 with walls of windows, stunning views, a kitchen, bathroom, TV and a huge terrace with large BBQs, seating and the waterfront views are overwhelming.
39 Rooftop Deck
The Sky Lounge Terrace from level 7 has one of the best views of the Puget Sound.
38 Rooftop Deck
This view is from the Sky Lounge Terrace.
35 Views
The Rooftop deck features a dog run on the far end, a BBQ, plenty of dining and sweeping views of the Puget Sound to the left with an excellent view of the Space Needle and Science Center a couple of blocks away.
36 Views
View from the Rooftop and located within walking distance.
37 Views
Expansive rooftop views…

View or share photo tour!

Presented By: Linda M. Bagley 

C: (206)419-0065
Owner / Designated Broker License # 17584
Special Agents Realty
Linda@SpecialAgentsRealty.com
www.SpecialAgentsRealty.com
Google Reviews
Special Agents, Inc License #21432

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17757
Kirkland Lake & Mountain View Condo (SOLD!!!) https://idx.specialagentsrealty.com/kirkland-lake-mountain-view-condo/ https://idx.specialagentsrealty.com/kirkland-lake-mountain-view-condo/#respond Sat, 29 Jul 2017 04:11:00 +0000 https://idx.specialagentsrealty.com/?p=7223   “Lake Washington & Olymics View Condo at The Villas at Carillon in Kirkland” SOLF!!! 5302 Lake Washington Blvd. Unit B, Kirkland, WA 98033 MLS #1153288 Offered at $775,000 Offers should be submitted by 4:00 PM August 7th Public Open House – Sunday 7-30-17 1pm to 4pm Public Open House – Tuesday 8-1-17 4pm to […]

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“Lake Washington & Olymics View Condo at
The Villas at Carillon in Kirkland”

SOLF!!!

5302 Lake Washington Blvd. Unit B, Kirkland, WA 98033

MLS #1153288

Offered at $775,000

Offers should be submitted by 4:00 PM August 7th

Public Open House – Sunday 7-30-17 1pm to 4pm
Public Open House – Tuesday 8-1-17 4pm to 7pm
Broker Open House – Wednesday 8-2-17 11am to 1pm
Public Open House – Sunday 8-6-17 1pm to 4pm

Water | Mountains
Trees | Location
Luxury | Relaxation

 

Contemporary Design, Fabulous Location, and High End Features

Stroll along the shores of Lake Washington and dip your toes in the water at Houghton Beach Park. Take Kayak or Stand Up Paddleboard lessons. Feeling adventurous? Rent a Jet Ski and hit the lake for some excitement. Stroll across the street and have lunch at the Beach Café, or head to quaint downtown Kirkland with great shopping and lots of dining options.

This home is quiet yet near everything. The immaculately landscaped grounds adds to the feeling of tranquility supported by stunning views of Lake Washington and the Olympic Mountains. Top of the line appliances and features makes this home an urban oasis with a luxury feel.
Life is Better When You Own It.™

Watch eagles soar from your deck while enjoying your favorite beverage. Relax in the spacious master bedroom with loads of light and slider to the deck. The master also features an extremely well appointed 5 piece master bath with solid surface countertops and recessed sinks. The shower is a beauty to behold and the soaking tub awaits you.

A spacious office/den can also double as an extra sleeping space and can easily be configured with all the comforts of a 2nd bedroom.

Features of this wonderful home include:

  • 1 Bedroom
  • Office/Den (Doubles as spare bedroom)
  • 2 Full Baths
  • 1423 Square feet
  • Gas Fireplace
  • Chef’s Kitchen With All Stainless Appliances
  • – Wolf Range – Wolf Microwave – Sub-zero Fridge – Bosch Dishwasher
  • Built-in Wine Cooler – Beverage hutch
  • Large Master Bedroom with 9′ Ceilings
  • – En-Suite Master Bath – Spa Shower – Soaking Tub – Double Vanity
  • View Deck with access from Living room and Bedroom
  • Walk in Master Closet with California style closet organizer
  • Asko Washer-Dryer
  • Private Garage PLUS extra deeded parking space
  • No Rental Cap – 90 day minimum
  • HOA’s $496/mo includes…
  • – Common Areas, Earthquake Ins., Garbage, Lawn Service, Road Maintenance, Snow Removal
  • Annual Taxes: $5719

Click to view Virtual Tour

View the Tour

 

Watch our really cool video!

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Outstanding 3 Bedroom Renton Townhome (SOLD!) https://idx.specialagentsrealty.com/outstanding-townhome/ https://idx.specialagentsrealty.com/outstanding-townhome/#respond Sat, 09 Jul 2016 19:06:09 +0000 http://specialagentsr.wpengine.com/?p=5396 Outstanding 3 Bedroom, 2 1/2 Bath Renton Townhome $379,000 SOLD!!! This outstanding townhome is located in a gated townhome community and features new bamboo hardwood flooring (not laminate), Granite countertops with eating bar, all new stainless appliances, new washer-dryer, new blinds throughout, and new paint. This home features a gas fireplace in the living room, […]

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Outstanding 3 Bedroom, 2 1/2 Bath Renton Townhome $379,000

SOLD!!!

Outstanding TownhomeThis outstanding townhome is located in a gated townhome community and features new bamboo hardwood flooring (not laminate), Granite countertops with eating bar, all new stainless appliances, new washer-dryer, new blinds throughout, and new paint. This home features a gas fireplace in the living room, vaulted master bedroom with en-suite 5 piece master bath, an attractive back yard and patio, 2 car garage, and large windows.

Kitchen
Here is the Kitchen, featuring brand new stainless appliances, granite countertops, and new bamboo hardwood flooring. The eating bar doubles as a serving counter to the adjacent dining area. Through the kitchen is the laundry room, featuring brand new washer and dryer. Pass through the laundry room to the double car garage.

Printable Flyer

CLICK HERE to request More Information.

Click to view Virtual Tour

View the Tour

 

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Seattle Real Estate Market: News Release – Nov 5, 2015 https://idx.specialagentsrealty.com/seattle-real-estate-market-news-release-nov-5-2015/ https://idx.specialagentsrealty.com/seattle-real-estate-market-news-release-nov-5-2015/#respond Fri, 06 Nov 2015 22:42:28 +0000 http://specialagentsr.wpengine.com/?p=4693 NWMLS Brokers Predict Modest Holiday Slowdown Normally, there is a pretty significant slowdown in Seattle home sales during November-December as people become busy with the holiday season. This year seems to be a bit different, with lower than normal inventories, low interest rates, and a strong job market. It is likely that the housing market […]

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Seattle Home

NWMLS Brokers Predict Modest Holiday Slowdown

Normally, there is a pretty significant slowdown in Seattle home sales during November-December as people become busy with the holiday season. This year seems to be a bit different, with lower than normal inventories, low interest rates, and a strong job market. It is likely that the housing market will remain quite active trough the holidays.

The Seattle market is one of the best we’ve seen for sellers. There are buyers out there actively looking for properties, with a shortage of homes. This is actually a very good time to list your home, because many people wait to list until after the holidays, yet there are many buyers still actively seeking properties. Now is a good time to get a head start on the competition.

Pending sales are up 7.8% from a year ago and the Puget Sound region (King, Kitsap, Pierce, and Snohomish counties) had 6,977 pending sales, which was the highest October volume in over a decade.

October was the first month that the number of closings was below 8,000 since last April, but most brokers feel that this was due to a low inventory. If more homes had been available for sale, brokers feel there would not have been a slowdown.

During a stable market (neither buyer’s or seller’s market), there is typically a 4 to 6 month supply of inventory. We are currently sitting with a 1.29 month supply for King County residential homes, causing the market to remain a “Seller’s Market.”

Luxury Staircase

Now is a good time for buyers

As a buyer, you can expect increasing prices and frequent multiple offer situations. Knowing this, the best time to buy in the near future is right now, during the traditional holiday slowdown. Although still competitive, we believe the competition is likely to increase after the 1st of the year.

Market Statistics

Single Family homes increased nearly 8.4% (Market wide). In King County, the median price increased 7.3% over last year’s median, from $447,250 to $480,000.

The Seattle condo market experienced even stronger growth, with volume and prices increasing by double digit percentages. Area wide, the number of sales rose 13.2 percent, and prices rose a significant 16.2%. The supply of condos experienced a larger drop than residential with the number of listing down 26 percent from last year. In King County, there is less than 1.2 months of supply

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Condos & Town Homes https://idx.specialagentsrealty.com/condos-town-homes/ https://idx.specialagentsrealty.com/condos-town-homes/#respond Tue, 22 Sep 2015 12:46:26 +0000 http://specialagentsr.wpengine.com/?p=3829 Seattle Condos and Townhomes The Puget Sound area is host to a wide variety of Condos and Town Homes. New to the scene are “Row Houses” or “Rowhouse”, a new definition created by the City of Seattle to allow relaxed height and setback restrictions. As a result, these rowhouses are popping up all over Seattle […]

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Seattle Condos and Townhomes

The Puget Sound area is host to a wide variety of Condos and Town Homes. New to the scene are “Row Houses” or “Rowhouse”, a new definition created by the City of Seattle to allow relaxed height and setback restrictions. As a result, these rowhouses are popping up all over Seattle communities, becoming the common replacement for a Town Home or Condo.

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Condominium and PUD Ownership https://idx.specialagentsrealty.com/condominium-and-pud-ownership/ https://idx.specialagentsrealty.com/condominium-and-pud-ownership/#respond Tue, 27 Oct 2009 17:12:46 +0000 http://www.www.specialagentsrealty.com/?p=72 Condominium and PUD Ownership Builders, in an effort to combat the dual problem of an increasing population and a declining availability of prime land, are increasingly turning to common interest developments (CIDs) as a means to maximize land use and offer Homebuyers convenient, affordable housing. The two most common forms of common interest developments in […]

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Condominium and PUD Ownership

Builders, in an effort to combat the dual problem of an increasing population and a declining availability of prime land, are increasingly turning to common interest developments (CIDs) as a means to maximize land use and offer Homebuyers convenient, affordable housing.

The two most common forms of common interest developments in many states are Condominiums and Planned Unit Developments, often referred to as PUDs. The essential characteristics shared by these two forms of ownership are:

1. common ownership of private residential property;

2. mandatory membership of all owners in an association which controls use of the common property;

3. governing documents which establish the procedures for governing the association, the rules which the owners must follow in the use of their individual lots or units as well as the common properties; and

4. a means by which owners are assessed to finance the operation of the association and maintenance of the common properties.

Before continuing further, it may be helpful to clarify a common misconception about Condominiums and PUDs. The terms Condominium and PUD refer to types of interests in land, not to physical styles of dwellings. Therefore, when Homebuyers say that they are buying a townhouse, that is not the same as saying that they are buying a Condominium. When Homebuyers say that they are buying a unit in a PUD, they are not necessarily buying a single-family detached home. A townhouse might legally be a Condominium, a unit or lot in a Planned Unit Development, or a single-family detached residence. The terms Condominium or PUD will say a great deal about the ownership rights the buyer will receive in the unit and the interest they will acquire in the common properties or common areas of the development.

Common interest developments offer many advantages to Homebuyers-low maintenance and access to attractive amenities-however, there are restrictions and duties which come with ownership of a Condominium or PUD that buyers should be aware of prior to purchase.

To acquaint you with various aspects of ownership in common interest developments, the Land Title Association has answered some of the questions most commonly asked about Condominiums and PUDs.

What are the basic differences between ownership of a Condominium and ownership of a PUD?

The owner(s) of a unit within a typical Condominium project owns 100% of the unit, as defined by a recorded Condominium Plan. As well, they will own a fractional or percentage interest in all common areas of the Condominium project.

The owner(s) of a lot within a PUD own the lot which has been conveyed to them-as shown in the recorded Tract Map or Parcel Map-and the structure and improvements thereon. In addition, they receive rights and easements to use in common areas owned by another-frequently a Homeowner’s association-of which the individual lot owners are members.

The above are basic descriptions and should not be considered legal definitions.

Besides ownership of my unit, what other amenities (common areas) will I be acquiring use of and how will I own them?

Common interest areas may span the spectrum from the ordinary-buildings, roadways, walkways and utility rooms-to the extravagant-equestrian trails and golf courses-with more usual amenities including community swimming pools and clubhouse facilities.

Your ownership rights in common areas will be spelled out in your project’s Declaration of Covenants, Conditions and Restrictions (CC and R’s). The subject of CC and R’s will be expanded upon later in this brochure.

As we stated in the answer to the previous question, Condominium owners own a fractional or percentage interest in common with all other owners in the Condominium project, in all common areas. PUD owners receive rights and easements to use of common areas through their membership in a Homeowner’s association, which typically owns and controls the common areas. Some PUD projects, however, provide that the individual Homeowners will own a fractional interest in the common areas. Again, in this case, a Homeowner’s association will have the right to regulate the use of the common areas and to assess for purposes of maintaining the common areas.

Check your CC and R’s and association Bylaws (basically, rules governing the management of the development) to insure that you understand your rights to use of your unit and common areas.

What services will my Homeowner’s assessments help to finance?

Your Homeowner’s assessments support not only the easily recognizable-building and swimming pool upkeep, landscape maintenance-but also the unseen-association management and legal fees and association insurance.

As well, reserves must be factored into your assessments, including reserves for replacement of such items as roadways and walkways. In the case of Condominiums, where ownership is usually limited to airspace within the walls, floors and ceiling of the unit, reserves will frequently fund replacement of such items as roofs and plumbing.

Each member of the Homeowner’s association, upon purchasing their unit, must receive a pro forma operating budget from the association. Basically, this will be a financial statement of the income and obligations of the association, which must include an estimate of the life of the obligations covered under the assessments and how their replacement is being funded.

What happens if I fail to pay my Homeowner’s assessments?

Delinquency fees will be added onto the unpaid assessments.

Should your delinquency continue, the association has the right to place a lien upon your property. The lien may lead to a foreclosure if the delinquency is not paid.

Of what importance are CC and R’s and Bylaws?

CC and R’s and Bylaws are the rules and regulations of the community, meant to guide the use of individual properties and common areas. Buyers should be aware that CC and R’s and Bylaws may be written so as to restrict not only property use, but also to restrict owners’ lifestyles, for instance, spelling out hours during which entertainment, such as parties, may be hosted.

CC and R’s and Bylaws are highly important and should be thoroughly examined and understood prior to purchase. They bind all owners and their successors to the rules and regulations of the community. Failure to follow those rules and regulations can be considered a breach of contract. Legal action may be taken against the Homeowner for any such breach.

At what point in the real estate transaction will I be allowed to review a copy of my CC and R’s and Bylaws?

Legally, it is the responsibility of the owner to provide the prospective purchaser with the governing documents of the development (CC and R’s and Bylaws), the most recent financial statement of the Homeowner’s association and notice of any dues delinquent on the unit.

The law states that these items should be delivered as soon as practicable; however, the prospective buyer should request to see them as early as possible. If you do not fully understand what is stated in these documents, consult a real property attorney.

Should I object to items included in the CC and R’s and/or Bylaws, will I have the opportunity to terminate those items prior to taking ownership?

No. The process required to terminate these restrictions is often complex and costly. Termination of restrictions will require, at least, a majority vote by members of the Homeowner’s association, and may require litigation.

What if I have further questions regarding Condominium and PUD ownership?

Ask any questions you may have before you buy! Don’t wait to take ownership to find out about restrictions and regulations affecting your Homeownership rights.

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