List price was $1,800,000
It took 29 days to go pending.
Then 68 days to close at $1,700,000
The Juneau Street property is a level 10,800 SF newly designated midrise (MR) redevelopment site, offers the opportunity to add approximately 40,000 SF & up to 8 stories of apartments/condos in rapidly developing South Seattle. Located at the midpoint of Othello and Columbia City Lightrail Stations, and less than 1/2 mile from future Graham St infill station. Preliminary figures support condo units in the mid to upper $300K range, and monthly studio & 1 BR rental of $1,500 & $1,800 respectively.
Assumptions: The original sale amount reflected a normal arms length sale. Any major updates would add to the value.
Any damage or deferred maintenance would subtract from the value.
Listing information is provided by the listing agent except as follows: BuilderB indicates
that our system has grouped this listing under a home builder name that doesn't match
the name provided
by the listing broker. DevelopmentD indicates
that our system has grouped this listing under a development name that doesn't match the name provided
by the listing broker.