Riverstone Condos in Bellevue?
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perfectfire
Bubble Banter Boss
Joined: Sun May 20, 2007 11:40 pm Posts: 540 Location: Bellevue
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 Re: Riverstone Condos in Bellevue?
Dang I've been meaning to do an update on the lovely Riverstone and Chapagne conversions, but have been too busy at work. I love the looks-like-exposed-plywood faux finish at Champagne. A condo in Redmond has the same finish and after glancing at it several times I still wasn't sure if it was a faux finish or plywood.
I think the Champagne sign said they were doing some tours last weekend. They're coming soon at the "low 300's".
Both the Riverstone and Champagne are overpriced compared to the comps. A friend of mine sold a comparable (better in some ways actually) condo nearby for around 285k (I think, it hasn't shown up on the county records yet) so these new conversions are 20-50k overpriced. No wonder they aren't selling.
I haven't seen Martine, where is it located?
Anybody want to take bets on when the Riverstone goes repartment? I'm going to say September.
_________________ Remember, if you rent it's not a home, it's a hovel.
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| Thu Apr 10, 2008 3:51 pm |
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mike2
Bubble Bloviator
Joined: Fri Apr 20, 2007 11:01 am Posts: 318 Location: Not Seattle Anymore
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 Re: Imagine.. Paying 260,000
top01cat01 wrote: They may not have the Granite countertops... then again- I dont see that much value in Granite Countertops.. im just as happy without them. Man, you haven't lived until you've had granite counters. Heh, mild exaggeration. I really like them. I thought granite might be a pain at first because it can absorb anything you spill on it, but in practice they're better than the beige formica in my old apartment. Cleaning them is far easier since it's all one piece. Nothing sticks, so no scrubbing at all. (I don't have a maid so this does matter) One of the hidden benefits has been that the cat absolutely will not sit on them. This is a cat that used to LIVE on the kitchen counter. I can only guess it is because they're always cold. While I certainly didn't pay to put them in, I did see the bill and it wasn't that all that spendy since the kitchen isn't huge.
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| Thu Apr 10, 2008 4:06 pm |
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TheMightyQuinn
Bubble Watcher
Joined: Fri Feb 23, 2007 1:32 pm Posts: 48 Location: Bellevue
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 The Martine
It looks like The Martine condos are being repartmented, since they now advertise leasing. They also advertise "lease to own", but who would want to lease to own an apartment?
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| Sat Sep 27, 2008 10:51 pm |
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perfectfire
Bubble Banter Boss
Joined: Sun May 20, 2007 11:40 pm Posts: 540 Location: Bellevue
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 Re: The Martine
TheMightyQuinn wrote: It looks like The Martine condos are being repartmented, since they now advertise leasing. They also advertise "lease to own", but who would want to lease to own an apartment?  Yeah, my wife just pointed that out to me a couple of days ago. I wonder how long until Riverstone goes that way too? Has anyone else seen the wall near their sign? There's a big gap like a truck hit it or something. Very classy looking, like a 3rd world war zone.
_________________ Remember, if you rent it's not a home, it's a hovel.
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| Mon Sep 29, 2008 1:09 pm |
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perfectfire
Bubble Banter Boss
Joined: Sun May 20, 2007 11:40 pm Posts: 540 Location: Bellevue
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 Re: Riverstone Condos in Bellevue?
Apparently this is what "affordable luxury" looks like: Attachment:
bd89acc6e842e7fd1830659c1316255b811344.jpg [ 202.35 KB | Viewed 3542 times ]
I'm sorry, it had to be done: Attachment:
baf82054a2d30df9586de462197a8e11811344.jpg [ 207.93 KB | Viewed 3526 times ]
_________________ Remember, if you rent it's not a home, it's a hovel.
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| Thu Oct 09, 2008 3:46 pm |
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rose-colored-coolaid
Bubble Banter Boss
Joined: Mon Jun 18, 2007 10:26 am Posts: 1978
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 Re: Riverstone Condos in Bellevue?
perfectfire wrote: I'm sorry, it had to be done: Attachment: baf82054a2d30df9586de462197a8e11811344.jpg Wait a minute, that chap looks familiar!
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| Thu Oct 09, 2008 6:19 pm |
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TheMightyQuinn
Bubble Watcher
Joined: Fri Feb 23, 2007 1:32 pm Posts: 48 Location: Bellevue
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 Champagne
It looks like Champagne has gone rental too; they're now advertising "remodeled apartments".
I haven't been by Riverstone to see if they're still holding out on that sinking ship.
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| Fri Feb 06, 2009 11:25 am |
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perfectfire
Bubble Banter Boss
Joined: Sun May 20, 2007 11:40 pm Posts: 540 Location: Bellevue
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 Re: Riverstone Condos in Bellevue?
I drive by Riverstone every day and haven't yet seen any sign of changes. Their website is the same too, still lacks a photo gallery and virtual tour. They've only sold 28 units including at least 5 to flippers (the Taing clan). I'm impressed they've lasted this long, but how much longer can they possibly go, especially when the flippers begin to try to unload?
_________________ Remember, if you rent it's not a home, it's a hovel.
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| Fri Feb 06, 2009 12:57 pm |
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Alan
Bubble Banter Boss
Joined: Sun Feb 18, 2007 7:08 pm Posts: 780
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 Re: Riverstone Condos in Bellevue?
The images above look like garbage to me. Is that what others are seeing?
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| Fri Feb 06, 2009 1:10 pm |
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The Tim
Bubble Blogging Buffoon
Joined: Sat Feb 17, 2007 6:02 pm Posts: 827 Location: Kenmore, WA
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 Re: Riverstone Condos in Bellevue?
Alan wrote: The images above look like garbage to me. Is that what others are seeing? It looks like there may be some sort of issue with the forum that is borking up image attachments. Looking into it... Update: somehow the files seem to have gotten damaged in the transition from the old server to the new server. When I get home I'll check the copies on my PC to see if they're okay, and if so, upload those.
_________________ For great justice.
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| Fri Feb 06, 2009 1:16 pm |
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perfectfire
Bubble Banter Boss
Joined: Sun May 20, 2007 11:40 pm Posts: 540 Location: Bellevue
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 Re: Riverstone Condos in Bellevue?
Alan wrote: The images above look like garbage to me. They are pictures of a condo conversion. What do you expect?
_________________ Remember, if you rent it's not a home, it's a hovel.
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| Fri Feb 06, 2009 3:01 pm |
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perfectfire
Bubble Banter Boss
Joined: Sun May 20, 2007 11:40 pm Posts: 540 Location: Bellevue
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 Re: Riverstone Condos in Bellevue?
The Martine has gone repartment too. You can check out the asking price here. They want $995 for a condo they were previously asking $276,900 for. I used the mortgage calculator on the Martine condo site (it's still up) and calculated with a 5.5% rate, 2 points and 10% down you would've been paying double the rent and the calculator doesn't even factor in condo association dues. Plus it would require, according to the calculator, over $42,000 upfront. Renting the same place requires a $500 deposit.
_________________ Remember, if you rent it's not a home, it's a hovel.
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| Thu Feb 19, 2009 5:53 pm |
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The Tim
Bubble Blogging Buffoon
Joined: Sat Feb 17, 2007 6:02 pm Posts: 827 Location: Kenmore, WA
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 Re: Riverstone Condos in Bellevue?
perfectfire wrote: The Martine has gone repartment too. You can check out the asking price here. They want $995 for a condo they were previously asking $276,900 for. I used the mortgage calculator on the Martine condo site (it's still up) and calculated with a 5.5% rate, 2 points and 10% down you would've been paying double the rent and the calculator doesn't even factor in condo association dues. Plus it would require, according to the calculator, over $42,000 upfront. Renting the same place requires a $500 deposit. But if you rent, you're throwing your money away! </sarcasm>
_________________ For great justice.
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| Thu Feb 19, 2009 10:29 pm |
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Ben
Bubble Watcher
Joined: Thu Mar 20, 2008 2:13 pm Posts: 30
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 Re: Riverstone Condos in Bellevue?
The champagne website is a hoot:
"Celebrate life in the heart of Bellevue, just steps from the boutique shops, fine dining and entertainment of the Crossroads Mall"
I don't know what Crossroads mall they are talking about. The one that I know is has parking lots full of sketchy people, a cheap food court and a Circuit City that is closing down. My personal estimation is that the DOL office is responsible for most of the traffic there.
As for the Martine, that is a neat trick on their map to only draw major roads so that you look close to Bellevue mall (it confused me at first). $277k for a one bedroom apartment? You can still rent around that area for less than a grand a month!
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| Fri Feb 20, 2009 12:49 am |
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Lake Hills Renter
Bubble Banter Boss
Joined: Sun Feb 18, 2007 9:13 pm Posts: 570 Location: Bellevue
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 Re: Riverstone Condos in Bellevue?
Crossroads mall is actually very popular though with lots of draws -- movie theatre and Blockbuster, Barnes & Noble and a Half Price Books, Petco, two grocery stores (QFC and TOP), etc. The food court is actually pretty good,with lots of international flavor and variety. I highly recommend the Russian sandwich shop and the German deli.
The nearby residential areas are a little sketchy though, at least relative to other neighborhoods nearby. A friend lived in one of the apartment complexes off 164th (behind Crossroads) and after two car breakins, decided to break his lease and move.
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| Fri Feb 20, 2009 1:24 am |
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