Avondale Albatross Finally Unloaded at 52% of ’07 Price

It’s time for what will most likely be our final update on the Avondale Albatross, the storied spec home first spotted on these pages in June 2006, and most recently foreclosed by Bank of America, who had been attempting to unload it since last November. According to the MLS, yesterday Bank of America was finally […]

40% Off and Counting for the Avondale Albatross

Remember the Avondale Albatross? Last gracing these pages a year ago, the storied spec home (something of a Seattle Bubble mascot) was first noticed on these pages way back in June 2006 when it was priced at $1,625,000. Here’s the history of this 4,900 sq. ft. spec home on 3 acres a bit north of […]

The Avondale Albatross Now Bank of America’s Problem

The saga of the Avondale Albatross continues… A brief history of this 4,900 sq. ft. spec home on 3 acres north of Redmond: 2006-06: Originally spotted here, priced at $1,625,000 2006-08: Price drop to $1,495,000 2006-10: Price drop to $1,275,000 2006-11: New brokerage, still asking $1,275,000 2007-02: After 9 months on the market, finally sold […]

Some Local Home Listing Anecdotes

It’s been a while since I posted any anecdotal observations, so I think it’s time for a few. First up, the 8-unit condo/townhome complex in my neighborhood, which we have visited a few times before. Here’s the summary of the action in this complex of eight essentially identical units since 2005: September 2005: Unit #5 […]

Anecdote: This Place Again? Seriously?

Oh. My. Goodness. Remember this? 13425 Avondale Rd NE, Woodinville May 2006: $1,625,000 (Asking) August 2006: $1,495,000 (Asking) October 2006: $1,275,000 (Asking) November 2006: $1,275,000 (Asking – New Brokerage) January 2007: $1,275,000 (Relisted) February 2007: $1,275,000 (sold—finally) You thought it was over, but oh no. It is not. December 2007: $1,650,000 (Flipping?!?) I kid you […]

Anecdote Extravaganza

It’s been a while since the last anecdote post, so I thought now would be a good time for an update. First up, let’s go way back to early June. Remember the million-dollar new construction in Redmond? It was originally listed in mid-May for $1,625,000, and the last time we checked in it had taken […]