By Kim, on April 28th, 2012%
Cute One-of-a-Kind Green Lake House Open This Weekend
Here’s the link to the listing: As a Phinneywood specialist and longtime resident I am holding a very special open house this Saturday and Sunday April 28 and 29th from 1-4 for National Open House weekend. This home is truly one of a kind in the area. Located just a couple of short blocks from the Woodland Park Zoo. A few years ago it was a neglected original Green Lake cabin from the beginning of the last century (maybe even older) then it was completely reinvented as a charming family home on a small foot print with a second story and a finished basement. It might have had one of the smallest floor areas five years ago, but it lives big now. Perched above the street it boasts privacy and and a quiet backyard complete with a water feature and granite retaining walls.
 Beautiful Lanscaping and Shade Gardens Safe to say you haven’t seen another lot like this, and the house is completely remodeled top to bottom. What was once a garage is now a finished bedroom (buyer to verify) or office space and a 3/4 bath. It’s the kind of house that you could easily drive right by on the street without noticing it perched proudly above the street and out of the way, but once you are inside you will find light filled spaces and views over Greenlake Park towards the Cascade Mountains and beyond in your own little private “treehouse”. The master is on the top floor along with another bedroom and a spacious full bath. The ground floor entry level has gleaming hardwood floors, a kitchen with granite counter tops and Stainless Steel appliances, the original brick fireplace in the living room, dining space and a powder room all in an open floor plan.
 Open Ground Floor Plan Downstairs is the laundry room and the converted garage. This house doesn’t scream” look at me”, tucked behind and underneath mature trees but you will appreciate the privacy the mature plantings provide when you are inside. Outside is a well executed landscape plan with low maintenance in mind and year-round color. It’s a charming oasis without a lawn to mow. Complete with a functioning pond,backyard deck and other outdoor “rooms”. OK, it might be a stretch, calling this a” treehouse” with it’s firm concrete foundation and traditional stick built construction. I am referring to how it feels to live in this space. Perched high above the street and sidewalk, placed well above the neighbor to the east, buffeted by the beautiful granite walls to the west (they don’t make them like they used to!), under the large tree to the back of the lot, and the unique tree south of the front door. What I am alluding to is the sense of peace and quiet and privacy with the views looking over the neighbor’s home to the views to the east from the master bedroom and balcony and to the views towards the south in the second upstairs bedroom and ground level.
 Bird's eye view from the sunny side of the street One can’t help but feel above it all in their own private light-filled spaces away from whatever might be happening down below at street level. It’s a very walkable neighborhood, zoo concerts blocks away in the summer along with the Woodlawn and Greenlake parks just down the hill. Up the hill with a Walk Score of 69 is Phinney Ave North with all the restuarants, pubs and galleries. The PNA has zip cars as well as classes and it’s myriad of other activites. To learn more about this special jewelbox of a home please contact: Kim Mulligan kim-mulligan.com kim@cooperjacobs.com 206-579-9066
By Molly Cartwright, Realtor, Cooper Jacobs Real Estate, Molly@CooperJacobs.com, 206-841-6800, on February 16th, 2012%
Should I buy a Co-op?
“Should I buy a Co-op?” asked my client. Hmmm…good question! We’ve been looking at condominiums in a higher end neighborhood in Seattle. It’s a good shoe-in for an expensive neighborhood.
I think we can largely agree it’s a good time to buy real estate in general right now. But let’s back up for a sec. First let me answer the question what is a condo association and what is a co-op association.
Condominium is a big building with individual units. Each unit has a tax parcel number and the owner has ownership of the interior walls inside. They also own the Title for the unit. Each owner pays a home owner due (HOD). Which it turn goes into an account managed by the home owner association. If there are any needed assessments (aka repairs) on the building or lawsuits to pay out, it is debited from this account. You qualify. You buy. You’re in.
Co-Op is a big building with individual units. The building is the company. The units are the shareholders within the company. You don’t hold Title. The co-op committee does. And usually the building is one big parcel number. There are home owner dues just like condo ownership. You interview with the co-op board. You buy. You’re in. Oh yeah, and no dogs (usually) and no leasing (usually).
Should you buy a co-op? Yes, you should. If you are a person who likes people, who likes sharing, who likes working together for a common goal, then yes buy a co-op. If you like relinquishing some of your control issues and collaborating with your fellow shareholders, then yes you should think about buying a co-op. If you don’t want to pay 1.78% excise tax as a seller in King County, co-op is a way to avoid this tax.
Should you buy a co-op? No, you should think twice about buying a co-op if you own a dog (usually), if you like larger buildings (co-ops are generally smaller buildings), if you are an investor/landlord and intend to rent. Oh, and perhaps you don’t want to know who your neighbors are.
Financing is no different for co-ops. You can do an FHA loan if you want. Just make sure you ask for the Financials Addendum from the building. This is similar to the Resale Certificate for a condo building. It contains meeting minutes, financials, and future assessments.
Hope this bit of info helped you make the right move. Questions? I’m here.
Ciao.
Molly@cooperjacobs.com
206.841.6800
By Molly Cartwright, Realtor, Cooper Jacobs Real Estate, Molly@CooperJacobs.com, 206-841-6800, on November 11th, 2010%
October 2010 Real Estate: Green Lake vs Wallingford
Green Lake vs Wallingford
I was curious how many homes sold just for the month of October 2010 in Green vs Wallingford.
Let’s not beat around the bush: The Winner with 23 homes and/or condos sold: Green Lake wins, hands down. Wally’s 6 solds in October 2010 is a distant second. Why? For one reason (being a resident of Green Lake for over 15 years), it’s a bigger area. Another reason? The price tag is just a tad bit higher in Wallingford. Although with the way rates are going, it has definitely caused increase lending in both purchases and refinances.
Home SOLD prices in Green Lake look like this: 64 days on the market (not too bad for combining 23 listings including condos and towhomes!) and averaging about $10,000 less than list price, settling at $469,700. That’s about $240.00 per square foot for a 1,980 square foot house.
How does Wallingford shape up in comparison? Less homes sold, yes, but the median price for these homes (and only two condos) were higher at $490,000 Sellers, on average, received about $18,000 less than asking price. Again, this is another great example of how real estate is a moving target. With the average days on the market much longer than Green Lake homes at 235 days in Wallingford, sellers are holding out a little more in Wallyhood because they can. Smaller geographical area means the traditional supply and demand theory wins. Surprisingly, sold homes in Wallingford averaged a little smaller than Green Lake at 1,740 average square footage or $279.00 per square foot.
We hope this information finds your inquiry about October 2010 Real Estate Green Lake vs Wallingford worthy and helpful.
Until next time…you can check us out at www.cooperjacobs.com or www.seattleafloat.com for more articles and real estate news.
By Molly Cartwright, Realtor, Cooper Jacobs Real Estate, Molly@CooperJacobs.com, 206-841-6800, on October 5th, 2010%
Looking to buy some Tangletown Real Estate? Is it a wise purchase? What kind of neighborhood life is Tangletown? What about the schools?
 Tangletown Home Geographically, Tangletown is nestled between south Green Lake and north Wallingford. Living here you can still take advantage of Green Lake’s paddle boats and basketball courts while walking to Wallingford for a glass of wine and live music. But Tangletown has its own main drag (North 56th Street) you don’t want to miss! Get an updo at Beehive Salon then walk across the street to grab one of many hotdog selections at Diggity Dog Hot Dog & Sausage stand and wash it down with a brew at the local Elysian Brewing Company ~ just kiddy corner from Might O Donuts.
Tangletown is probably most proud of Zoka. Zoka is a super cool cafe which roasts its own coffee beans, has delicious pastries and lot of seating for those important meetings with your wedding planner or hunkering down to write that mid term paper for school.
Because of the quaint parameters of Tangletown‘s borders, it has seen average solds for the last six months. 13 solds to be exact. $214,000 buys you a 500 square foot studio or an expansive $1,280,000 beautiful home with over 3,000 square feet of living space. So the average days on the market are only 24 days from these sold properties and the average price is around $564,000. This is just under the FHA loan limit of $567,500. Believe me, a minimum downpayment of 3.0% is worth buying a home in Tangletown.
The schools are amazing! Let’s start with daycare and pre-kindergarden. Green Lake Day Care and Preschool, managed by Anne Kelly, is a safe place you can trust. Located at 63rd and Green Lake, it has three separate rooms for the Poohbears, Piglets, and Tiggers in a huge brick church. My daugther went there from 1 year old as a Poohbear and graduated at age 5 as a Tigger. She’s seven now and STILL talks about her teachers from Green Lake Day Care and Preschool.
The Elementary school will be McDonald in 2012 after a complete facelift but for now, it’s Lincoln Elementary. Middle School is going to be Hamilton, and Roosevelt for high school. I recommend going to the Seattle Public Schools Website for more detailed information.
Tangletown has some charming homes on the market right now! There are 10 single family homes and 1 condo for sale in Tangletown. Find more at Cooper Jacobs Real Estate.
By Courtney Cooper, Seattle Realtor, 206.850.8841, courtney@cooperjacobs.com, on April 6th, 2010%
 Wallingford, Green Lakes’s close neighbor –
This weekend is the big Nationwide Realtor Open House Event and I wanted to highlight the open houses being held for this great occasion:
In Wallingford from 1-4 on both Saturday and Sunday, 4333 Wallingford Ave N will be held open – come see this neighborhood gem ready to move in – large spaces with tons of charm!
Wallingford is very close to Green Lake with this home being about a one mile walk to the either Lake Union or Green Lake depending on which direction you go. You can check out all Wallingford Homes For Sale – we are happy to give you a private tour. The site sweeps the MLS for Wallingford Seattle homes every 15 to 20 minutes.
By Molly Cartwright, Realtor, Cooper Jacobs Real Estate, Molly@CooperJacobs.com, 206-841-6800, on March 4th, 2010%
Green Lake Neighbor: Wallingford Real Estate In Seattle…February Statistics
Wallingford Real Estate has been busy! Since February 1, 2010, we’ve had 33 properties actively on the market. And of these 33 properties, 19 are still available to YOU.
First let it to be known that the radius of Wallingford is, in general, roughed in and not necessarily fixed, but they may be thought of as Stone Way N to the west, beyond which is Fremont; Lake Union to the south; Interstate 5 to the east, beyond which is the University District; and Woodland Park and NE 60th St. to the north, beyond which is Green Lake.
Within this proximity, they are hundreds and hundreds of sweet little bungalows, stunning Dutch Colonials, eco-built craftsman townhomes, and some Mediterrean mixed in too.
So for this sought after neighborhood - 33 new properties in one month is quite impressive.
Let’s get back to the breakdown: Of the 33 listings: 19 Active listings, 9 are pending, and 5 have sold within the last 34 days.
The average DOM (day on market) for the 5 that have sold is 47 days with an average price of $586,680.
A property just listed for $385,000 for a 2 bedroom 1 bath went straight to pending within one week. It’s not often a Wallingford single family residence gets listed for under $400,000. When it happens, people know the value of the Wallingford area so they go fast.
See more of Wallingford Real Estate - See more Green Lake Real Estate while you are at it, too!
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