Capitol Hill Real Estate Report – October 2016

capitol hill real estateAs with the rest of Seattle, Capitol Hill real estate continues to perform well.  In October of this year, there were 13 Capitol Hill homes sold for an average of $926,000 and 28 Capitol Hill condos for an average of just over $446,000.  The highest price in October was $1,500,000 for a home on 16th and Republican and $1,150,000 for a condominium on the 700 block of Belmont Ave.

The Central Seattle area (between I-90 and the Montlake cut and I-5 and Lake Washington) saw the average price of homes up from October 2015 of $882,720 to $990,258 in October 2016 while condos rose from $507,567 last October to $593,872 in October this year.  The number of sales of area’s homes decreased from 83 in October last year to 64 this year, whereas the number of condos sold rose from 52 to 79.

While prices of real estate on Capitol Hill and in Central Seattle are significant, they are still dwarfed by other local areas.  For example, the average price on Mercer Island this October was just under $1.5 million and the Bellevue area west of 405 was nearly $2 million.

Just Listed: Classic Capitol Hill Craftsman

1150 17th Ave E-33

This lovely Craftsman sits on a coveted tree-lined Capitol Hill street, within easy walking distance of Volunteer Park, 15th and 19th Avenue shops and eateries, and both private and public schools, all in a surprisingly quiet setting. Well-manicured landscaping and a rocking chair front porch create an inviting street presence and feeling of “home.”

A formal entry welcomes guests to a circular and nicely flowing floor plan graced with original details including box beam & bead board ceilings, wainscoting, leaded windows, columns, and oak floors. The light-filled eat-in kitchen and adjoining family room have a romantic outlook to Capitol Hill’s canopy of trees with a Cascade Mountain backdrop. A large entertaining deck sits off the kitchen. The upper level has three large bedrooms, including a master with a three-quarter bath; an additional full bath; peek-a-boo views of Lake Washington; and east-facing deck.

The lower level works well for additional living, hobby, play space or easy guest quarters/mother-in-law suite with an additional bedroom, ¾ bath, full kitchen, and common area with French doors as a choice separate entrance. The private and fenced backyard has a level lawn surrounded by gardens and native plantings and access to the large storage area/shop that sits beneath the kitchen deck.

For more information about this home, or to learn more about Capitol Hill real estate, please contact the listing agent, Kristine Losh.

The Details

1150 17th Avenue East

Bedrooms: 4 | Bathrooms: 3 | Sq. Ft.: 2,950 | Year Built: 1904

Available for: $1,300,000

1150 17th Ave E-231150 17th Ave E-22 copy

1150 17th Ave E-31

Just Listed! Stunning North Capitol Hill Tudor

954 17th FrontJust listed, this North Capitol Hill home is lovely in so many ways. This stunningly updated and cared for Tudor sits on a pristinely landscaped corner lot, anchored by an 80+-year-old Atlas Cedar. This home checks every box: formal and sophisticated entertaining spots; beautiful and functional eat-in kitchen with attached family room; and chef’s kitchen fully equipped with stainless steel appliances and granite counter tops. This home features beautiful hardwood floors and leaded windows throughout; designer fabric window coverings; and Barbara Barry fixtures.

Hardwoods continue on the upper floor, and a full bath serves three comfortable bedrooms with generous closet space. It is easy to take respite in the master suite with its soft grey walls. A walk-in closet and full bath, adorned in Carrera marble and two pedestal sinks, in keeping with the homes era, complete this grown-up space.

The garden is serene and private. Landscaping by Beers-Withington, it is completely in touch with its environment; the native plantings designed to create a purposeful and tailored effect with a smidge of whimsy. There are three cedar decks: one directly off kitchen/family room for outdoor dining, one tucked privately along the side of the house to escape the heat and nap in a hammock, a third at the lawn’s edge to catch the last rays of sunlight.

For more information or to make an appointment to see this fabulous home, or to learn more about Capitol Hill real estate, please contact the listing agent: Kristine Losh.

The Details

Bedrooms: 4+ | Bathrooms: 4 | 4,050 sq. ft. | Year Built: 1928

Available for $2,100,000

   Bathroom    954 17th Living Room

KLosh954-17thAveE-71