Phinney Ridge Homes: Guess How Many Offers

Phinney Ridge Real Estate Bidding War Galore

Phinney Ridge homes in Seattle are hard to come by as any buyer looking in the Seattle neighborhood knows. There are bidding wars on Seattle homes in many of the hot neighborhoods including Phinney Ridge.

Looking at this Phinney Ridge Listing from the NWMLS listing data:

“Prime upper Phinney Ridge real estate! Sunny east facing 4 bedroom 2 bathroom craftsman ready for renovation. Nice entry space transitions to open living/dining room & nine foot ceilings. Large open attic with seven foot ceilings and views! Lower level has good ceiling height,an over-sized family room,2 beds and 1 full bath. An easy stroll to the Zoo,local,eateries,breweries,coffee shops of Phinney Ridge,Fremont & Ballard. Detached 1 car garage has private driveway. Easy commute to downtown.”

Cooper Jacobs Real Estate was able to sell this Phinney Ridge home located at 4806 1st Ave NW in Seattle, WA 98107. This Phinney Ridge buyer is THANKFUL this holiday season because she beat out 16 other offers.  Yes.  There were 17 offers on this Phinney Ridge home for sale. Curious about how to beat 16 other Phinney Ridge buyers in a bidding war? We have been in the trenches for a while in the Seattle real estate market and are able to offer you the tips on winning in a bidding war for a house if that is your goal.

It is interesting when you have a Seattle listing in a neighborhood where you know you are going to get multiple offers. We aren’t pricing these homes too low as some believe. There just aren’t enough of them relative to the buyers in the marketplace. Some sellers have gotten greedy under these circumstances, but most remain fair and reasonable. We have seen some take the “better” offer instead of just the “highest” offer. This is always the best course of action when it comes to the most likely way to close the property successfully. So how do you become the “better” offer when you may not necessarily have enough money or means to be the highest one? That is exactly where we come in as she has demonstrated time and time again.  *We represented the Phinney Ridge buyer in this transaction.

Hiring a Professional Buyers Agent who can get your offer in front of the pack:

We can go through the tools you will need in your arsenal to purchase a home in a seller’s market. We also happen to have brokers who are extremely personable and well liked in the industry (insider tip: if the listing agent doesn’t like your buyers agent or your buyers agent has a reputation for being difficult to work with then it will translate to it being more difficult for you to purchase a home).  We can’t stress enough how important a Realtor’s character and reputation in the industry is when it comes to representing YOU.

realestate@cooperjacobs.com

Maple Leaf Open House

Just Listed:  Maple Leaf Home

Open House Tomorrow: 11/15 1-4PM  (SOLD)Maple Leaf Homes

9408 5th Ave NE, Seattle, WA 98115

If you have been searching for NE Seattle homes, then please take a moment to stop by and see this one in Maple Leaf which is open tomorrow from 1-4PM.  Maple Leaf homes are always desirable and this one is no exception.

Here is what the remarks in the MLS listing say:

A sweetie of a house in sought after Maple Leaf neighborhood. Tastefully updated kitchen and bath. Light filled living room with subtle art deco touches throughout. Updated plumbing and electrical, newer double paned windows. Blocks to the Northgate transit Center, Northgate Light Rail Center and I-5 freeway entrance. Fenced backyard and newly landscaped front yard. Partially finished basement ample storage and laundry area. Restaurants are a stroll away. You will love this house!

Additional Information

  • Property Description Cable TV, Partially Fenced, Gas Available
  • Taxes $3,665
  • Lot Size 0.11 Acre (4,930 SqFt)
  • Garage Size 1 Car
  • Exterior Wood
  • Fireplaces 1 Fireplace
  • Heating/Cooling Forced Air,
  • Roof Composition Roof
  • Flooring Hardwood Floor, Vinyl Floor, Wall to Wall Carpet

More Information on this Maple Leaf Home or others:

 

Therese Byrne  tbyrne@tmbyrne.com 206-660-9698

 

Just Listed in Maple Leaf!

Maple Leaf Homes For Sale:  Just Listed By Cooper Jacobs! (SOLD)maple leaf home for sale

Situated high above the street to capture the best views, take in Greenlake, the Seattle skyline and the Olympic Mountains. 3 bedrooms/1.5 baths with a finished non-comforming 4th bedroom/office in the basement, a perfect place to hide away for quiet. Modern kitchen with granite counters and stainless appliances. Full height ceilings in the basement. 1 car attached garage and fully fenced yard.  $629,950

More info:  502 NE 82nd St

Please email us for more info on this Maple Leaf home or others:

realestate@cooperjacobs.com

maple leaf home for sale

Sunset Hill Homes For Sale: Just Listed

Ballard’s Sunset Hill Neighborhood Offers A Perfect Answer sunset hill homes for sale

Just Listed in Sunset Hill:  3440 NW 62nd St  (SOLD)

  • Just listed!sunset hill homes for sale
  • 4 bedrooms
  • 2.25 Baths
  • 2440 Sq Feet
  • Lot Size: .12 Acre
  • 1 car Garage
  • Fireplace
  • 2nd Kitchen
  • Sauna
  • MLS# 763738

This Sunset Hill home features Puget Sound views, sunset hill homes for salemany original details & plenty of charm. Main level has oak hardwoods, view deck, gas fireplace & lots of light. Upstairs level has 2 bedrooms with expansive view of Puget Sound & mountains to the west.sunset hill homes

The basement is well laid out with actual ADU potential, a separate entrance, spa like bath, sauna & cozy bedroom. Recent updates include roof, gas furnace & water heater. Large yard with shed, garden area, alley access & more parking. Attached 1 car garage. A wonderful home.

$649,900

For more information on 3440 NW 62nd St in Seattle, please email our Sunset Hill Realtors. 

SunsetHill@CooperJacobs.com

Are you interested in Sunset Hill homes for sale or other Ballard Real Estate?  We have great Sunset Hill Realtors who know Sunset Hill and know Ballard.

Seattle Real Estate: Interest Rates, Affordability, And What’s Next

Looking At Seattle Homes For Sale, Interest rates, and Affordability – Should You Buy Now?  Or Wait?

The fact is that interest rates on 30-year, 20-year and 15-year fixed rate mortgages are some of the lowest in history.  We don’t know how they will increase over the next two years.

In discussions with friends about their plans to purchase a home I often hear them say that they would like to purchase in a year or two.  This is great news for everyone.  However, I usually try to educate them on the current advantages of low mortgage interest rates. – Cooper Jacobs Real Estate

Taking advantage of a 4% or lower loan rate can save prospective homebuyers thousands, if not over $100,000 in the amount of interest paid on the life of a loan.[1] Currently, interest rates on a 30-year fixed loan are setting at 4.02%.  That is the lowest since June 2013.[2] With the economy on track for a solid 3.5% annual growth and inflation rising, investors are beginning to dump bonds for stocks.[3] This, in turn forces financial institutions to raise the interest rates on loan products to keep a profit.

Seattle homes

The economy is no doubt on an upward trajectory.  Baring another economic disaster, the economy will continually improve and force interest rates up.  Can we predict whether interest rates will be significantly higher in 2016?  The answer is no.  However, we can say with confidence that they will be higher and when it comes to your money every dollar matters.

Current homeowners are taking advantage of these low interest rates by refinancing.  They understand the significant savings to be had by leaving their 30-year fixed rate mortgage for a new 20-year or 15-year fixed loan instead.  In fact, 44% of people who refinanced in the third quarter “ditched their existing 30-year fixed rate loan in favor of a shorter-termed 15-year or 20-year loan.  It’s the second quickest exodus from the 30-year fixed rate mortgage in recorded history…”[4]

So, instead of putting off the home buying process for another year or more, people should begin to get their feet wet.

  • Build a relationship with a local Seattle Realtor
  • Ask your Realtor for their trusted resources such as a referral for a lender.
  • Find out what kind of loan options you can qualify for and what is available.

By taking advantage of these resources you can be prepared to pull the trigger when you find a home that you love.  It should also be noted that using a Realtor that is from your neighborhood is a service that will cost you, as a potential home buyer, nothing out of pocket.  So, let a professional help you do the searching and narrow down the choices for you.  In the end, it is all about making things smooth and easy while saving money.


[1] Lisa Ward, “The Steep Cost of Not Refinancing,” The Wall Street Journal, November 9, 2014.

[2] Average 30 Year Fixed Mortgage rates, http://www.mortgagenewsdaily.com/data/30-year-mortgage-rates.aspx

[3] The Detroit News, “U.S. 30-Year Mortgage Rate up to 4.02%,” http://www.detroitnews.com/story/business/personal-finance/2014/11/10/mortgage-rates-rise/18779027/

[4] Dan Green, Today’s Low Mortgage Rates Push Borrowers Away From 30- Year Loans, http://themortgagereports.com/16858/freddie-mac-refinance-report-transition-15-year-30-year-mortgage-loan

Cooper Jacobs Real Estate  realestate@cooperjacobs.com

 

 

Seattle Houseboats: 2014 Floating Homes Show Was A Hit!

Seattle Houseboats Brokers

Thank you to all the amazing volunteers who showed up in full force to make the 2014 Seattle Floating Homes Tour a success!

floating homes tour poster

Cooper Jacobs Brokers were on site to volunteer as well!

Thank you to all the members of Cooper Jacobs Real Estate.  This tour is a way for our office to give back to a phenomenal community! The Seattle floating homes neighborhood is very near and dear to our hearts and all proceeds of this tour go to the Floating Homes Association.

  • Courtney Cooper
  • Molly Cartwright
  • Jim Dougherty
  • Katie Herrick
  • Brittany Jesus
  • Stephanie Stanford
  • Madison Cooper
  • London Cooper
  • Brian Olsen

floating homes tour map

There were twelve Seattle floating homes on the tour this year in both Eastlake and Westlake.  We had 6 electric boats going back and forth across Lake Union as well as buses for ticket holders to go back and forth.

The theme this year was Wonderful Water Colors and co-chair Sue Jostrom was responsible for the beautiful pieces of art in the ticket/brochure. Courtney and Molly coordinated roughly 100 volunteers over two different shifts.  Jann , Melissa, and LeAnne were at Will Call passing out tickets to the purchasers of the sold out tour.  There were 1200 tickets sold this year and it was a success all the way around.

seattle realtors

Thank you to Katie Herrick  for staying late to make sure that boat riders were not stranded and thanks to Brian Olsen and Jim Dougherty for being two of the twelve Captains crossing Lake Union on what was a very busy day on the lake! Thanks to Rick and Joyce Miner for providing the signage for us and thank you to Tricia Rendina and Joyce Black for being co-chairs and organizing sponsors, etc. This was a huge collaborative effort which goes back many months.

Additional reading if you are interested in this lifestyle or other Seattle neighborhoods:

Blog with lots of info about Seattle Houseboats

Seattle Floating Homes for sale

Seattle waterfront homes

Seattle neighborhoods

Greenwood Townhome For Sale

Welcome home to Greenwood:

10222 1st Ave NW #C (SOLD)

greenwood homes

Great in-city townhouse has it all!

Light & spacious day rooms, open floor plan. Cook’s kitchen w/gas range, stainless appliances, granite counters & rich cabinetry. It opens to light filled living & dining room w/hardwood floors & gas fireplace. End unit for added light on all levels. 2 bedrooms, 2 baths plus utility closet up. Vaulted ceilings & walk-in closet too! Entry level has secure access from garage, covered entry, tile floor, closet & 3rd bdrm + 3rd full bath for a thoughtful design.

greenwood homes for sale

$395,000

Close to Carkeek Park, too…..

Features…

Bath Off Master, Double Pane Storm Windows, Dining Room, High Tech Cabling, Vaulted Ceilings, Walk-in Closet

  • 3 Bedrooms
  • 3.5 Baths
  • 1530 Square Feet
  • Built 2007

SEattle townhomes

More info:

This Greenwood home is listed by Seattle Realtors at Cooper Jacobs Real Estate

Additional Seattle Real Estate Information:

10222 1st Ave NW #C, Seattle, WA

Greenwood homes for sale

Seattle Townhomes

Beautiful East Pointe Cul-De-Sac Home JUST LISTED

seattle suburbs homes

23904 118th Place SE, Kent, WA 98031

seattle suburbs homesOverlooking a greenbelt in the beautifully kept East Pointe community, this newer home impresses with its grace & functionality. Inside find 9’ceilings, upgraded stainless appliances, granite counters & island, hardwood in chef’s kitchen, CAT5e cabling, in-wall Polk speakers, HD projector, 100″ motorized ceiling-mounted screen, efficient hybrid heating system w/AC, gas-plumbed BBQ, satellite dish, & more. The street scape will impress you with stacked stone accents, craftsman style architecture.   seattle suburbs homes

Features of this spectacular home:

  • 3 Bedrooms
  • 2.5 Baths
  • 2370 square feet
  • Built in 2006, but looks better than new
  • Bath Off Master
  • Double Pane Storm Windows
  • High Tech Cabling
  • Vaulted Ceilings
  • Cul-De-Sac
  • High end finishes

More info:  23904 118th PL SE, Kent, WA 98031

$374,900 (SOLD)

Call Katie Herrick: 206-313-8548

9600 Roosevelt Way NE

seattle townhomes

Central to Maple Leaf amenities. Exceptional town home.

Details include crown molding, Brazilian Cherry hardwood floor, maple inlays, vaulted ceilings, cherry kitchen cabinets & granite counters. Abundant use of natural stone. Spacious living room & dining room area w/fireplace. Oversized 1 car garage, ample storage and workspace.

Sought after end unit, light filled southern exposure. New interior paint. Home qualifies as “Built Green” certificate provided. No homeowner dues!

This is a great opportunity to own a 3 bedroom townhome in a fabulous location!SEattle townhomes

  • 3 bedrooms
  • 1.5 baths
  • 1540 sq ft
  • year built 2007
  • Built Green
  • NO Dues
  • taxes $3255
  • 1 car garage

Features

Ceiling Fan(s), Double Pane Storm Windows, High Tech Cabling, Vaulted Ceilings, Walk-in Closetseattle homes for sale

Listed with Realtor Therese Byrne at Cooper Jacobs Real Estate

More info:  9600 Roosevelt Way NE 206-660-9698  or tbyrne@tmbyrne.com

Denny Blaine Green Home For Sale In Seattle

Featured Seattle Green Home: (SOLD)

Seattle green realtors

  • Denny/Blaine, Lake Washington Blvd
  • Treehouse feel with territorial view
  • 4 Star Built Green
  • NW Energy Star Certified
  • Stones throw to The Bush School
  • Beautiful and bright green roof
  • Open floor plan
  • 2 Decks
  • Many more modern green features
$1,489,000
For more information:  541 Lake Washington Blvd.

For all your Seattle Green real estate needs, please contact our in-house green home expert:

green@cooperjacobs.com