Wendy Leung's Seattle Condo Blog

Azul & Live Fremont Condos

I've been reviewing quite a number of condo projects in downtown and Capitol Hill lately so I thought this time I would venture a little further from the downtown core and look at some conversion projects that I have been wanting to check out in the center of the universe, Fremont.

 

Azul is a 4-story building located on 120 N 39th St.  This building was converted in early 2007.  There are 30 homes with studio, one bedroom, and two bedroom floor plans.  Studios are a little under 500 square feet, one bedroom's range anywhere from 476 sq.ft. to 705 sq.ft. and two bedrooms are 729 sq.ft. to 1,010 sq.ft.  Since the conversion, they have sold out of almost all the homes except for a studio ($175,500, 448 sq.ft.) and a one bedroom ($212,310, 464 sq.ft.).  More pictures.

4217 Fremont- Sealed Bid Auction

 

Remember 4217 Fremont Condos?  The developer for this 6 unit condo had sold two homes and turned the remaining homes into rental units.  Apparently, one of the owners is trying to sell the unit using a sealed bid auction but did not received any bids.  It seems to me that individual auction isn't as effective unless there's a critical mass grouped together.  Maybe someone in the real estate industry will start providing this type of service where every month, a whole bunch of condos get auctioned off. 

Related Posts:

4217 Fremont Condos
Queen Anne Condo Auction- By The Numbers
Canal Station Auction
Press Auction- Going Once, Going Twice, Gone!
Another Condo Auction
Capitol Hill Condos- Homes for Auction!

Where in Seattle will the investor money go in 2008?

4217 Fremont

4217 Fremont, a boutique condo with only 6 units total started selling earlier this year. Surprisingly, the penthouse went off the market first.

Say what you will about the pricing, this is probably one of the most unique projects in Fremont. Featuring all two bedroom units, the homes range from 1,170 to 1,366 square feet. I took a look this week and of the remaining units, unit 4 seems to have the most interesting layout. At least one of the ground floor units has a nice patio out back but somehow I didn't feel entirely safe based on a few articles of discarded clothing that was in the corner by the stairs (unclear if it was left by the construction crew or someone else).

A few things about this condo:

The project started their pre-sales effort in 2004, however, the developer had a few projects going on and decided to put this condo on hold. After more than 1 year of no construction, they started on the construction again and completed it in 2007.

Looking at the layout, finishes and size, this is could be the ideal affluent bachelor pad for someone looking for a more modern, edgy and spacious layout in a central location.  Higher end Viking appliances and trendy glass cabinets grace the kitchen as well as really nicely done bathroom finishes.  With the road a bit noisy for the front facing units, the central air conditioning will probably come in handy for this building.