July 24, 2008

Capitol Hill Homes for Under $250 sq/ft!

Black Sun sculpture at Volunteer Park

Capitol Hill is a spendy place, real-estate-wise. The average cost per square foot for a home listing on the hill is $404 (for a condo, it jumps to $504 sq/ft). But there are deals to be had. The following homes come in at under $250 sq/ft.

122 19th Ave E Seattle, WA 98112; Beds 4, Baths 3.5
Price: $697,000 Square Feet: 3,680  Price/Sq. Ft.: $189
Recently renovated, this one is well worth a look. It boasts an ADU (accessory dwelling unit) that you can rent to help with the mortgage. Be aware:  this one is a short sale. Typically, only about one-third of initiated short sales make it through to closing.

1815 E John St Seattle, WA 98112  Beds 4; Baths 1.5
Price: $399,950 Square Feet:1,930 Price/Sq. Ft.: $207
This one needs some work. Per the listing notes, it does have updated wiring and plumbing, but clearly more needs to be done. The place has been on the market for 77 days and has seen five price reductions.

2412 Broadway Ave E Seattle, WA 98102; Beds: 6; Baths: 3
Price: $850,000 Square Feet: 3,880 Price/Sq. Ft.: $219
This is a really sweet house with its old world charm intact. Near as I can tell, the location is the sticking point:  it borders the off-ramp from I-5 to SR520. There’s a greenbelt, but noise might be an issue.

628 11th Ave E Seattle, WA 98102; Beds 4; Baths 1.75
Price: $749,950 Square feet: 2,990 Price/Sq. Ft.: $251
Here’s another restored craftsman. I’m not sure why this place is such a deal. The location is great (though it is across the street from a school) and the home looks to be a classic high-end home. It has been on the market for 73 days, but in this climate that’s nothing, really. If you’re looking on the hill, this place is definitely worth investigating.


Comments (1)

Plan Your Best House Scouting Path | Redfin Seattle Sweet Digs said:

[...] sir). So, whether you’re interested in the Mercer Island marvels that Tera pointed out, the $/square foot Capitol Hill deals that Rick found, or the Capital Hill open houses that Allison dug up this week, this handy, [...]

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