Green Lake Real Estate Is On Fire!

These days if you’re in the market to buy a piece of  Green Lake real estate, act fast.  Green Lake is one of the highest ranked neighborhoods for number of successfully closed transactions in the month of May with 167 sold homes…in one month!   Green Lake, Wallingford, and Ballard combined closed 167 homes in May 2012.  Second runner up was over 30 miles away east in North Bend, Issaquah, Sammamish, and Snoqualmie (for the eastside single family homes) with 163 closed transactions.

As a Green Lake native for 17 years,  I’ve seen some moderate growth in the area but nothing like Ballard or downtown Seattle.  Moderate meaning a new PCC with 250 apartment units above it to replace a Vitamilk plant.  It’s a quaint place to raise a family or be single.  It has the convenience of in-city suburbia with a little wholesome sustainability throw in.  If you walk down any street in Green Lake, Tangletown, or Wallingford (which are all located in the coveted core commuting central), you’ll hear kids laughing, dogs barking, chickens nesting and possibly the smell of coffee roasting or donuts frying.   Mighty-O Donuts, Zoka Coffee, Irwins Bakery just to name a few are on my walk-the-dog route.  Did I mention the five different public parks within walking distance?  Oh, and I think I almost forgot to mention the two AMAZING farmer markets – Wednesdays 3-6pm in the summer and every Saturday (year-round).  Cheese anyone?  Last week, my daughter I rented one of those paddle boats.  Next time, I’m moving up to a paddleboard.  I want to at least look like I’m a surfer.  Green Lake has a killer 3 mile path where you can run, walk, bike, skateboard, speed stroller (I just made that up), go fishing, tanning, frisbee, walk on a tightrope tied between two trees…oh the list goes on and on.

To put the cherry on top, the new McDonald Elementary (language immersion program) is opening its doors Fall of 2012.  Wow!  I think I’ve seen my home value increase by this statement already.  With some public schools experiencing increased campus sizes, McDonald Elementary school will help alleviate this.   Believe me, the PTA is as strong as ever and the school has been in complete remodel mode since last year at this time.  I live two blocks from it and it’s exciting to see the improvements – new windows, furnace, black top, bark, and play structure for the playground – and more. 

I don’t mean to brag about my neighborhood because Seattle has other amazing neighborhoods which I can showcase for you, but nothing else feels more like home than my Green Lake.

Molly Cartwright
Green Lake Resident and Realtor
molly@cooperjacobs.com
206.841.6800

Green Lake Real Estate 4th Quarter 2011

Friends want to know, am I keeping busy in the Green Lake Real Estate Market for 4th quarter…notoriously a sleepy time of the year for Realtors.  The answer is YES I’M BUSY!  Keeping track of the real estate market is a daily, constant routine and the inventory is literally changing every day.  Clients want to know what’s going on every day.

Many buyers are asking what’s up with this lack of inventory.  On the flip side, sellers are asking is it a good time to sell with home values seeming to be slipping.   True, the Green Lake real estate market has seen better inventory before, but the homes that are active are selling!  A home listed for sale on my street went for $10,000 over list price which means, yes, multiple offers.  Then there’s the bank owned property for sale around the corner.  So you really do need a professional Realtor in this market who can help you understand the market and the pros and cons.

So how is my favorite neighborhood, Green Lake, faring in this 4th Quarter so far?

Just to show you how active Green Lake’s real estate has been as we are nearing the end of the 4th quarter, here’s a quick snap shot.

Green Lake 4th Quarter 2011 Solds

If you want the short version, here goes:

High Sold Price
$910,000

Median Sold Price
$482,500

Low Sold Price
$246,500

The average price per square foot rounds out at just about $240.00 and with 63 days on the market, things have been selling for 98% of list price.

If YOU’RE interested in understanding the Green Lake Real Estate Market, I’d be happy to help.  I’ve lived in this ‘hood for 17 years and love every minute.

molly@cooperjacobs.com  / 206.841.6800

737 Is Taking Flight

The other 737 is taking flight.  737 North 81rst Street that is.  If you love period style homes of the 1900’s (which would be the vast majority of Green Lake and other North Seattle neighborhoods), then you definitely don’t want to miss this beautifully remodeled 1910 4 bedroom/2.5 bath.  

737 North 81rst Street

Soaring 9 foot ceilings, a stone tiled gas fireplace marks the centerpiece between the formal dining room and the great room.  Just off to the side is the perfect resource room for the teenagers or a delightful kid’s craft corner area, complete with substantial built ins.

    

Cooking and entertaining have never been so easy with  this wonderfully open floorplan.  Warm hues of the Richlite countertops blend with the natural stone tile of the kitchen floor and backsplash.  Cabinet storage is plentiful and mark the tasteful design of this gourmet kitchen. 

This beautiful home is truly turn key ready.  Mature landscaped gardens, completely fenced private yard, and off street parking make it easy to walk just steps to your front door.  All updated electrical, plumbing, and a newer roof, this home has been meticulously cared for and rated one of the best neighborhoods to live in Seattle! 

737 North 81st Street

737 North 81rst Street

 

 

 

 

 

 

 

Daniel Bagley Elementary is just down the street and has one of the best reputations in the Seattle Public Schools.  It even has a waiting list!  But with the new boundries, 737 is your primary elementary school.

Contact us to show you this one of a kind home!

Tangletown Real Estate

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 ZokaZoka 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.

Green Lake Neighbors

Green Lake Neighbors: Isn’t it funny how each neighborhood in a metropolitan city has zig zag borders and fuzzy lines?  Are you one of those who lay in the “middle”?

Green Lake Bar & Grill

People tend to get possessive, don’t we.  Yes, I’m guilty too.  But Seattle’s neighborhoods are so tightly woven together, it’s hard not to know what’s going on in more than 3 neighborhoods at one time.

Since Seattle went to mail-in ballots, we can only assume the safest way to know which neighborhood you live in is to locate the closest public school.  This Fall the Seattle Public School District will be utilizing a new assignment plan.  Students will be attending the closest local public school to their home.  The reason?  Schools need to adhere to budget cuts.  Less time driving a school bus saves us a cool $2.2 million bucks.

So the next time you’re searching for Green Lake properties in the MLS, make sure it’s in the Green Lake public school zone.  THIS is a great site where you can find the boundry for your child by typing in your home address.

Green Lake Elementary

I cannot leave without a quick look at the real etate action in Green Lake! There are 68  handsome bungalow and craftsman style Green Lake homes that are actively on the market.  Some might say they’re in Green Lake, but we know it’s a close call.  Median days on the market is a cool 53 days for a 3 bedroom $384,950 beauty!  There are Green Lake townhouses and condos available too but at these prices, a single family residence makes it so affordable.

Green Lake is active and full of life!  Let us show you with your next visit to the Green Lake neighborhood.

Green Lake High Ropers Practicing

F.A. McDonald School Re-Opens In 2011

F.A. McDonald School

F.A. McDonal School Re-Opens In 2011
…and we couldn’t be happier.  For 29 years this vacant school has served as THE neighborhood hub for the Green Lake and North Wallingford ‘hoods:  you name it and it’s got it:  play structures, picnic tables, roller skating, basketball, a larger than life neon diagraham of the United States, kickball, dog park, a site for many movies…

Now we get to have our cake and eat it too!  F.A. McDonald School turns the lights back on and ready for kids K-5 to take ahold of the halls again in 2011.  And we still get to use our neighborhood hub for all the activities we’ve gotten used to … just on the off hours of school time.

The F.A. McDonald blogspot is a great way to get informed about the new school – see if you’re in the Seattle school boundries, or check on teacher hiring status:

  • April 8th, 4 PM to 5 PM, John Standford Center, Rm 2700
  • April 15th, 6 PM to 7PM, John Standford Center, Auditorium
  • May 13th, 4 PM to 5 PM, John Standford Center, Rm 2700If you’re interested in the Third Community Workshop to wrap up the Improvement Plan and get your voice heard on the equipment and supplies needed for our new revitalized school, then head to the Green Lake Elementary on April 27th at 7:00pm.Green Lake ElementaryFriends of McDonald School has all the developing news.  This extraordinary group of folks have really made great strides in improvement our community!  Thank you so much! Cooper Jacobs RES has been busy placing families in homes within their preferred school boundries.  Be it John Stanford in Wallingford, F.A. McDonald in Green Lake, or even N.E. Seattle with View Ridge Elementary, Wedgwood Elementary, and Maple Leaf with Olympic View Elementary.  We’d be happy to help you too.  For many, schools are the glue that makes our communities stick together.