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Condo Review – Meridian in Downtown

Meridian in Downtown
1420 Terry Ave

MeridianMeridian 2

The Meridian Condominiums is a concrete and steel high rise sitting right between Downtown and Capitol Hill near the Convention Center. It was built in 2002 by Taliesen Corp. It has a dramatic 2 story lobby with a 24 hour concierge. It has a nice amenities package

The stats:

  • 158 units –one, two and three bedrooms ranging in size from 557 to 2,657 square feet
  • Built in 2002
  • 27 stories
  • Most units have 1 or 2 parking spaces
  • 7 units have sold in the last 6 months ranging in price from $330,000 to $1,100,000; at the time of this post there is 1 unit pending that is priced at $500,000 and there is 1 unit active that is priced at $500,000
  • HOA dues include: garbage, water, sewer, central hot water, building maintenance, concierge, professional property manager, earthquake insurance
  • Amenities: Party room, gym, guest suite, business center, sauna/hot tub and 24 hour concierge

 

The pros:
  • The location is central to both Downtown and Capitol Hill putting a lot of amenities at your finger tips
  • It sits up high on a steep street and doesn’t have any other high rises nearby so the territorial views are very expansive
  • Guest parking is available, which is very rare
  • Great amenities if you are looking for those extras

The cons:

  • It is situated on a very steep hill

 By Marco Kronen with Seattle Condo Review: A guide to Seattle downtown condos.

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