Saturday, February 23, 2008

Rainer Beach Market Summary As Of 2/20/08


This summary includes Rainier Beach, Upper Rainer Beach, Dunlap, Pritchard Beach and Kubota Gardens, with a north boundary from Kenyon, south boundary of Bangor, east boundary 62nd Ave South, and West Boundary of Martin Luther King Way, using the information available on the NWMLS.
Currently there are 50 active residential listings on the market.
Low $236.700
Median $ 379,975
High $759,000

Average Price per Square foot is $224

Currently there are five multi family houses on the market.
High price $550,000
Median $447,970
Low $399,950
Average Price per Square foot is $184.81

Currently there are 5 vacant residential development lots on the market.
High price $1,000,000
Median $224,450
Low $224,450

Tuesday, February 19, 2008

Weekend Rambles














Weekend Rambles

A look at selected properties listed in Rainier Beach

8301 54th Ave South, MLS number 27103918 , The picture above is from the master bedroom

This is one of three new homes built just of Seward Park Ave South. The houses have been built that the Lake Washington view is preserved from each house. The house has all the necessary nice touches. I liked the master bedroom lay out, being able to wake up and see the lake is cool.
This house is walking distance to Pritchard’s beach, one of my favorite public, but private feeling beaches on Lake Washington. I like it be cause the beach is sunny on most afternoons, and there is a nice walking trail in the woods just south of the beach.

Just around the corner is house where the value is in the land. Check out 845 55th Ave S, MLS# 28021629, if you are looking for some place to build your own house. Again, this is a great little neighborhood, walking distance to nice beach and a short walk to the shopping area of Rainier Beach.

Wednesday, February 13, 2008

  • Rainer Beach Market Summary As Of 2/13/08

    This summary includes Rainier Beach, Upper Rainer Beach, and Brighton as drawn with a 1/2 mile radius from 51st and Rainier Avenue South using the information available on the NWMLS.

    Currently there are 20 residential houses on the market.
    High price $565,000
    Median $399,475
    Low $239,00

    Average Price per Square foot is $203.49


    Currently there are five multi family houses on the market.
    High price $550,000
    Median $447,970
    Low $399,950

    Average Price per Square foot is $184.81

    Currently there are 4 vacant residential development lots on the market.
    High price $203,950
    Median $203,950
    Low $200,000

    Average Price per Square foot is $184.81

Tuesday, February 5, 2008

Seattle four plex
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Monday, February 4, 2008

Four Plex Four Sale

Check out this four plex

http://bretzkeproperty.googlepages.com/

This is the second investment property that my wife and I purchased. We purchased with owner occupied financing. We lived in the owners unit for a year. My wife got a job in Redmond, so the commute was rough on her, so we moved to the Leschi community, but I fell in love with the neighborhood because of the good restaurants, and potential for the real estate upside in the under discovered neighborhood it is.