From time to time, we feature guest posts from people in the neighborhood who have expertise to share. Today, we’re giving the floor to Green Lake resident Daniela Dombrowski of The Murphy & Dombrowski Real Estate Group. Looking at the latest real estate statistics for Green Lake, we see a stabilization of prices and even a slow but steady upward trend, with the average sale price between 2009 and 2010 having increased from $518,259 to $537,840. Overall, average prices are about 18% lower than at the peak of 2007. This compares quite favorably to King County as a whole, which has seen…
Posts Tagged ‘real estate’
Aurora motel ‘Everspring Inn’ for sale
This story is by Ben. K., who writes at Aurora|Seattle. Thanks Ben! Another Aurora Avenue motel is for sale. But this time it isn’t a motel owned and operated by Dean and Jill Inman, the former owners of a handful of troubled Aurora motels – two of which were required to be sold under the terms of a April 2010 plea agreement that followed 180 criminal charges for tax violations brought by the city against the owners in August of 2009 (the future of these motels still remains uncertain). And this time it’s a bit north of Fremont too. The Everspring Inn, located at 8201…
Senior housing building Olmsted Manor to receive major upgrades
Seattle Housing Authority announced yesterday (Monday, Dec. 27, 2010) that they will be soon be making repairs at Olmsted Manor, a 35-unit senior housing building located at 501 NE Ravenna Blvd. The agency is receiving $3 million from the City of Seattle’s Office of Housing to update and repair four senior housing buildings, including Olmsted Manor. The $3 million in capital funding will be matched from Seattle Housing Authority’s reserves for the program. “Our Senior Housing portfolio is in need of significant capital repairs,” noted Executive Director Tom Tierney in a new release yesterday. “This funding will make it possible…
New types of townhouses coming to Seattle’s low-rise multifamily zones
Earlier today (Monday, Dec. 13, 2010), the Seattle City Council unanimously adopted a comprehensive update to how townhomes, apartments, row houses, and cottages are developed in Seattle’s low-rise multifamily zones. These changes will allow for more variety in housing types, improved landscaping and open space use, incentives for green building, along with greater flexibility and improvement in building design. “Over the past decade, many townhouses popped up and multiplied in ways that caused unfortunate impacts to the surrounding communities,” said Councilmember Sally J. Clark in a press release. “We saw too few other housing styles and what we did see…
4-story retirement facility coming soon to Woodlawn and Latona
Updated Thursday, May 5 with corrected information about the height of The Hearthstone. Construction will soon begin at Woodlawn Ave NE and Latona Ave NE, the site of an empty lot for nearly two years. The property is owned by The Hearthstone, a continuing care retirement community which has occupied the 10-story concrete building at 6720 E Green Lake Way N since 1966. The Hearthstone plans to build a 4-story building on the Woodlawn site. The residence, called “Village Cove,” will contain 28 luxury one- and two- bedroom units. There will be retail spaces on the first floor. The lot…
