December 2021
Madison Park Times
Serving East-Central Seattle since 1983
Real Estate
MADISON PARK - WASHINGTON PARK - MADISON VALLEY - DENNY-BLAINE - MADRONA - LESCHI www .M adison P ark T imes . com
When buying or selling, get creative to win
continues to be positive. Interest At the end of a year rates are still low, and job growth in which so much was and relocations to the area reunprecedented — in busimain high. ness, society and politics However, the houses that are — the real estate market coming on the market are movwas no different. Whether ing fast. In Madison Park and you were buying, selling our surrounding neighborhoods, or considering diving in, there’s only three weeks’ worth Seattle’s real estate climate of inventory available. If you was hotter and moved remember that analysts consider faster than ever. four to six months of inventory a Following the total neutral market, it’s clear we’re in shutdown in the first half Chris Sudore an uber seller’s market. of 2020, home prices and Property Views The lack of inventory is creatsales soared as inventory ing ferocious demand, and brodwindled. Competition kers have to get creative to get a deal made. for the few homes for sale is fierce. The The new normal numbers in this hypermarket could not, To get a sense of what that means, here’s and were not, predicted. Every metric just one example. In October 2020, I listed — listings, sales, prices — beat last year’s a house for $2.75 million. It stayed on the numbers. market for 60 days, and then the sellers There’s nothing on the horizon — short pulled it off the market. They then received of a natural disaster or other catastrophic events — that will slow this down in the SEE PROPERTY, PAGE 3 next 12 to 24 months. The economic news
THE PENTHOUSE RESIDENCE AT SMITH TOWER IS NOW UNDER LONG-TERM LEASE
MOIRA E. HOLLEY moirα@moirαpresents.com 206.612.5771 moirαpresents.com
Homes Closed in Madison Park, Madison Valley, Washington Park, Denny Blaine, Broadmoor, Leschi and Madrona from Octobe S old A ddr ess B ed B ath Sq Ft B uilt Day s on M k t 2400 E Howell St Unit #D 2 2 960 1988 5 3 1.5 2,340 1901 22 130 28th Ave 2 1.5 1,090 2005 12 227 24th Ave E Unit #B 2 1 1,820 1933 6 1105 33rd Ave S 2 1.75 1,290 2017 6 230 26th Ave E 2 1.5 1,391 2021 11 2902 S Judkins St 3 1.5 1,210 2008 5 124 24th Ave E Unit #B 4 2 1,600 1966 11 902 31st Ave 3 2 1,880 1983 6 1835 Martin Luther King Jr. Wy 3 1.75 1,620 2021 34 1306 30th Ave S 3 3.25 1,780 2007 6 1816 27th Ave Unit #A 3 1.75 2,444 1913 6 1605 Martin Luther King Jr Wy 4 1.75 2,740 1903 12 131 28th Ave 3 3.5 1,750 2008 3 1713 27th Ave 3 2.5 1,720 2004 5 1833 26th Ave 3 1.75 1,830 2017 2 112 27th Ave E Unit #A 4 2 1,830 2001 6 1320 30th Ave S 3 2 2,240 1919 7 3619 E Terrace St 3 1.75 2,010 1922 21 3812 E Madison St 3 2.25 2,300 1990 5 1515 29th Ave S 3 2.25 1,813 2021 1 1310 30th Ave S 4 3.25 2,227 2021 7 2809 E Denny Wy Unit #A 4 2.5 2,160 1904 6 1827 24th Ave 3 2.25 2,840 1905 7 737 33rd Ave 3 2.5 2,440 1927 5 209 36th Ave 4 2 2,839 1925 20 1502 39th Ave E 3 1.75 2,896 1996 20 3324 E Ford Place 5 4.25 4,470 1904 6 220 30th Ave 3 3 3,410 1931 7 197 34th Ave E 4 3.5 4,150 2016 10 2066 41st Ave E 5 4.25 4,090 1903 15 122 Madrona Place E 5 3.5 5,300 1907 3 1039 36th Ave E 4 6 9,791 2007 9 Lake Washington Blvd
D W TW EL O LI N G S
DECEMBER 2021
MADISON PARK | $3,395,000
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BROADMOOR | $3,150,000
MADISON PARK | $1,295,000
BROADMOOR | $5,495,000
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Happy Holidays from Ewing and Clark! PE
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DOWNTOWN | $2,150,000 MONTLAKE | $1,395,000
FIRST HILL | $1,495,000
DOWNTOWN | $4,200,000
BETSY Q. TERRY & JANE POWERS 206.322.2840
ewingandclark.com luxuryrealestate.com
Pacific Publishing Company – Queen Anne & Magnolia News • Madison Park Times • City Living Seattle
PROPERTY, FROM PAGE 1 an off-market full-price offer, all cash, and turned it down due to a timing conflict. In October 2021, we put it back on the market at $2.795 million. Same house, no changes. It quickly got multiple offers, with no contingencies, that drove the price up to $2.85 million. That same house, with no improvements, got an offer for $100,000 more in one year. But the sellers were worried about where they’d move to. So, in the interest of selling this house this time, I suggested to the buyer’s brokers to allow the sellers to stay in the house until the end of the year, rent-free, so they can find a place to land. One of the buyers went for it, and that was the deal maker. Buyers, sellers and brokers who are willing to get creative, be flexible and adapt to a market situation we’ve never experienced will be rewarded — even with the low inventory. Because we’ve gotten scrappy and gone way outside the box to bring buyers and sellers together, my team currently has close to $30 million in sales volume in escrow. But half of that is represented by properties that weren’t even on the multiple listing service. Adapt to succeed The old ways of doing business aren’t cutting it now. I’m not even talking about 10 or 15 years ago — more like 10 or 15 months ago. There is a significant group of active, qualified buyers who are making offers on properties and
falling flat because their brokers are doing the same old thing. In 2022, be prepared to see more and different terms than we’ve ever seen becoming more common. If you’re a buyer, you can’t rely on some guy who plays golf with your brother or your neighbor’s cousin simply because they have a real estate license. You have to be aggressive and interview several brokers to find one that will help you realize your goals. Ask them how they’ll get you a house in this market, not last year’s. My team has picked up so many new buyers because they weren’t getting results from other brokers. On the seller’s side, don’t be afraid to ask for what you need to be comfortable — nothing is off the table. If you look at the equity you’ve built, getting into this market presents opportunities. You’ll have little competition, and a buyer will almost certainly be there. Over the holiday months, we’re not seeing the bidding wars between eight to 10 buyers, but there are still buyers willing to meet or exceed listing prices. It’s across the spectrum of pricing, too. The sweet-spot homes — those priced in the upper six figures to just above $1 million — have been snapped up quickly for the last few years. In the past few months, the properties well above $1 million are also selling quickly, often with terms that are advantageous to the sellers. We just saw the highest sale ever recorded in the Seattle Northwest Multiple Listing Service — a $30 million waterfront house in
Denny Blaine sold in nine days. Nine days. Mind you, this was a mega-mansion on over 160 feet of low-bank waterfront, but still crazy nonetheless. I’ve also seen more flexibility in where people want to live. My team has worked with out-ofstate brokers for clients who are leaving Washington. We’re seeing more folks moving south of Seattle, and we’ve expanded to serve them better. My team, King County Estates, has recently expanded into Pierce County (the new Pierce County Estates) to make the transition easier for Seattle residents. We have morphed into a “do-it-all” real estate team. If you need anything real estaterelated, anywhere, we can do it. Finally, from all of us at King County Estates, we wish you and yours a happy holiday season. Please continue to stay safe and stay healthy. Let’s not let our guard down now so that we can make 2022 a year filled with family and friends, larger gatherings again and a return to a more normal life. As a reminder, my home, my office and my team are focused here in Madison Park. If you’d like to set a time to talk through any matters involving buying or selling your home, my door is always open. Chris Sudore Madison Park Resident KingCountyEstates.com Chris@KingCountyEstates. com Managing Broker Coldwell Banker Bain | Global Luxury
Madison bookstore selling sister city cookbook
DECEMBER 2021
The Seattle Sister Cities Association, a coalition of 20 citizen-led sister city organizations, has published a new cookbook featuring recipes, anecdotes and photos from across the globe. “The International Table: Recipes From the Seattle Sister Cities” collects over 100 dishes, all suitable for the home chef, from Cambodia, Cameroon, China, France, Hungary, Iceland, Indonesia, Ireland, Israel, Italy, Japan, Kenya, New Zealand, Norway, Philippines, Poland, Korea, Taiwan, Uzbekistan and Vietnam, according to a press release. The cookbook is only being sold in independent neighborhood bookstores, including Madison Books, 4118 E. Madison St., Seattle. In addition to the many amateur chefs of Seattle’s sister city associations who contributed their own recipes, many professional chefs contributed to the project, including Jp McMahon, author of “The Irish Cookbook “(Phaildon Press, 2020); Marialucia Luongo, author of “Cucinaria: Lettere dalla cucina” (Cucinaria: Letters from the Kitchen; 2018 ); Letizia Mattiacci, author of “A Kitchen With A View” (RDJ, 2016) and “Festa Italiana” (Madonna del Piatto, 2020); and Narin Seng Jameson, author of “Cooking the Cambodian Way: The Intertwined
Story of Cooking and Culture in Cambodia” ( JSRC Printing House, 2016). All recipes are accompanied by photography and historical description of the city of origin, . The book includes anecdotes on family and local traditions, cooking tips and tricks, and information on the expansive array of ingredients. “With this cookbook, the association furthers its mission by sharing the food traditions of the paired cities, bringing the flavors of the globe to the tables of Seattle,” according to the press release. “Breaking bread with strangers has long been a cornerstone to building new relationships and strengthening existing ones.” The book is the collaborative effort of all associations, coordinated by a small team of volunteers including the editorial team of Justin Allan-Spencer (Iceland), June Cutler (Indonesia), Susan Kegel (France), Patricia Lichiello (Italy) and Thyda Ros (Cambodia). In addition to independent book retailers, “The International Table” is available at museums and cultural organizations throughout Seattle. All proceeds benefit the Seattle Sister City Association and its affiliated organizations. 254 pages, $34.99. ISBN 978-1-68396-497-1. For more information about Seattle’s Sister Cities, go to seattle.gov/oir/sister-cities/aboutseattle-sister-cities and www. seattlesistercities.org.
PROVEN RESULTS
What My Clients Are Saying... ”Laura is on it from minute one. That’s who she is professionally, and we were the beneficiaries of her experience, street smarts and diligence. She set a perfect price point, managed the marketing focus and quality, and we had a
A CONTINUED LEGACY Realogics Sotheby's International Realty ranks amongst the largest most productive and fastest-growing real estate companies in Washington with access to 24,000 brokers in 75 countries and territories generating global sales of $150 billion annually.
verbal on the evening of day five followed by the contract at noon the next day. Founding Member | Managing Broker Senior Global Real Estate Advisor 206.399.5842 | Laura.Halliday@rsir.com
We were able to go about our jam-packed lives knowing Laura was in charge.
SOTHEBY’S AUCTIONS
Excellent job!” - Bill & Suzanne Whitaker
Sotheby’s Auction House Presents Karl Lagerfeld’s Estate, a showcase of his personal taste, life, and career, with the sale of more than 1,000 lots from his homes in France and Monaco.
QUEEN ANNE | OFFERED AT $6,250,000 300 Ward Street — Do you LOVE incredible views? How about a custom-built modern home with more “under the hood” features than you can believe! Enjoy all the benefits of lock-and-leave luxury living within this masterpiece nestled in Queen Anne—just minutes to the tech hubs and downtown Seattle. Each Office Is Independently Owned And Operated. Seller reserves the right change the product offering without notice.
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WASHINGTON PARK | OFFERED AT $1,895,000 1620 43rd Avenue East #13B — The most sought-after floor plan in the Tower! There is nothing out there that competes with this choice Madison Park location, complete with ever-changing views of the mountains and blushing sunrises. Secure lock-and-leave living with a concierge and fab amenities.
LauraHalliday.com
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DECEMBER 2021
Warm Holiday Wishes LISA TURNURE REAL ESTATE
As we near the end of 2021, I would like to express how very grateful I am to continue to enjoy a career that I love. I also would like to say thank you to our very special community for your business, referrals and for the relationships that I have continued to build in this extraordinary neighborhood. I have been blessed with the opportunity to serve so many wonderful people with their real estate needs and I am passionate about helping my clients through their real estate transitions. There is so very much that I love about my career; the beautiful homes and architecture, successfully negotiating on behalf of my clients and the joy of handing a buyer the keys to their new home. But above all else, I have to say that it is the people in our community, whom I may not have otherwise met, that make this career so worthwhile. Thank you to the wonderful people who have enriched my life and who make our neighborhood so special. I wish all of you a joyous holiday season and send heartfelt thoughts and prayers to those who are facing challenging circumstances at this time. Blessings to you this holiday season and always. Warmly, Lisa
Northeast Seattle’s highest sale ever | $14,850,000 Listed by Lisa Turnure Windermere Gold coast waterfront
To see my active listings and other recent sales, please contact me via phone, email or see my website at lisaturnure.com 206.919.6605 | lisaturnure@cbbain.com | LisaTurnure.com EXPERIENCED. INNOVATIVE. TRUSTED.
122 Madrona Place E SOLD $3,198,000
3619 E Terrace St SOLD $1,125,000
With over 33 years of real estate experience, we would love be your real estate experts when it comes to marketing your home and purchasing a new home . We are excited to talk with you about your options! We have a new addition to the Hinds Team, Katie Hinds!
5511 Brooklyn Ave NE PENDING
322 Randolph Ave SOLD $2,350,000
KATHRYN HINDS Windermere Madison Park 206•650•6488 KATHRYNHINDS@COMCAST.NET HINDSTEAM.COM
TAYLOR HINDS Windermere Madison Park 206•434•5102 TAYLORHINDS@WINDERMERE.COM HINDSTEAM.COM
KATIE HINDS Windermere Madison Park 206-434-5103
KATIEHINDS@WINDERMERE.COM HINDSTEAM.COM
Pacific Publishing Company – Queen Anne & Magnolia News • Madison Park Times • City Living Seattle
DECEMBER 2021
Our Cultural Soul Madison Park, and the communities where we live and work, are at the heart of everything we do.
620 34TH AVE E | WASHINGTON PARK $2,795,000 | PENDING
2052 23RD AVE E | MONTLAKE $1,750,000 | ACTIVE
300 WARD ST | QUEEN ANNE $6,250,000 | ACTIVE
2241 74TH AVE SE | MERCER ISLAND $2,995,000 | PENDING
Where you live, who your neighbors are, and your local schools are all vital considerations when choosing a home. Like you, our global real estate advisors at Realogics Sotheby’s International Realty live and work in the communities they serve. In addition to supporting Madison Park and its neighbors through Backpack Drives, Toy Drives, and annual fundraisers, they take it one step further—they give back to the communities they’re a part of through leadership, participation, and volunteering. We understand that when you’re looking for a home, you’re also looking for a community to belong to. Because nothing compares to home.
Meet your global real estate advisors:
John Madrid
206.498.1880
Laura Halliday
206.399.5842
Hoady Spencer 206.372.1092
Toby Lumpkin
206.786.2035
WE'RE OPEN ONLINE 24/7
Neda Perrina
206.218.8589
Cindy Paur
206.949.4497
Leslie Dickinson 206.200.2174
4031 East Madison Street | Visit rsir.com or call 206.466.2409
2021 Seattle Festival of Trees
Christmas ShipTM Festival
2021 Arboretum Holiday Sale
Since 1978, the Seattle Festival of Trees Guild has presented a series of events to benefit Seattle Children's Hospital at the Fairmont Olympic Hotel in downtown Seattle. This year, there will be a festive in-person dinner and auction, alongside online bidding. Find out more at seattlefestivaloftrees.com.
Argosy Cruises Christmas Ship™ Festival is a ship-to-shore holiday celebration that has been a Northwest tradition since 1949. The Spirit of Seattle™, the Official Christmas Ship™, is decorated with hundreds of white lights and sails to 40 different Puget Sound waterfront communities. Find more information at argosycruises.com.
Featuring a great selection of botanical decorations and nature-inspired gifts, including many local, seasonal specialty items. Shop for everyone on your list, while helping support maintenance, environmental education, and volunteerism at the Arboretum. More information at arboretumfoundation.org.
rsir.com Each office is independently owned and operated.
Seller reserves the right to change product offering without notice.
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DECEMBER 2021
Chris Sudore “As a Madison Park Resident, I care about your home‘s value.”
There’s still time to get into your dream home by the holidays. Contact us today.
Pending | Eastside Development | $ $15,500,000
Pending | Lake Washington Waterfront | $7,495,000
Pending with Multiple Offers | Capitol Hill | $2,795,000
Pending
Pending
Pending
Pending
Pending
Sold
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Coldwell Banker‘s Global Luxury Team | King County Estates
Chris Sudore President/Founder of King County Estates 206.799.2244
Marta Grzankowski Sales Broker & Office Manager 425.519.3345
Jennifer Vandiver Sales Broker 509.969.6767
Chris Sudore | Managing Broker Madison Park Your Specialist In: Madison Park • Washington Park • Broadmoor • Denny Blaine • Capitol Hill • Madrona • Leschi
Ryder Fasse Sales Broker 206.351.0923
Nikki Betz Sales Broker 206.919.1870
Megan Bassetti Marketing Manager
Chris@KingCountyEstates.com 206-799-2244 KingCountyEstates.com
Pacific Publishing Company – Queen Anne & Magnolia News • Madison Park Times • City Living Seattle
DECEMBER 2021
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Your garden in 2022 — bird-watching or ax throwing?
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can’t resist a demic and/or b.) juicy prediction, who are taking this can you? moment to reevaluGarden Media ate their work/life Group has crowned priorities. Etsy saw the garden trends a 42 percent increase in new sellers of 2022, and I figin the third quarter ure, why wait until of 2020 alone, acJanuary? Summing cording to the New up, it looks like York Times. people can’t get In the green enough of gardenErica B. Grivas industry, this is ing and nature — Get Growing popping in sectors even if they need like houseplants technology to get and fresh flower access to it. artistry — from online sellers to The report says 18.3 million pop-up shops and a host of new people started or resumed garhouseplant stores, like Queen dening in 2020, and it will serve Anne’s new tattoo parlor/collecbusinesses as well as the planet to tor plant shop Nightshade. One keep them engaged in and enjoypoignant example in the report is ing gardening. an 8-year-old boy named Aaron In business, the entrepreneur Moreno in Los Angeles (@aaronis rising. This makes sense given sgarden). the number of people a.) whose He helped lift his family out of careers were upended by the pan-
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THERESA TRUEX PREMIER DIRECTOR | WINDERMERE REAL ESTATE MIDTOWN (206) 972-7768 • ttruex@windermere.com theresatruexproperties.com
theresatruexproperties.com
Theresa Truex MADISON PARK PROPERTIES
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4020 E MADISON ST STE 102 SEATTLE
homelessness and bring his sister back from Mexico by propagating succulents and other houseplants for sale. Perhaps, after a year of seeing businesses shuttered and closed, people would rather support local micro-businesses that align with their values than online megastores. The report singled out Amazon shopping as a source of “guilt” for many. At home, folks are finding new ways to maximize their home’s enjoyment, like entertaining outside — especially useful when social distancing. The terms “front yard” and “front porch” reached a five-year high on social media in 2021, according to the report. It recommends “dynamic seating,” which I thought meant a swing chair, but means seating-plusactivity, like giant Jenga or — it really says this — ax throwing. People are upgrading their yards to suit themselves — to take virtual meetings from the deck, grow organic vegetables or feed hummingbirds. I interviewed a designer recently who was asked to design a shed for a wide-screen TV across from the patio — the perfect set-up for catching the Seahawks. Interest in sustainable and/or organic materials and products, native plants and plants that nourish and support pollinators are all up, too; 67.2 million households said they bought at least one plant in 2021 because it benefitted pollinators or birds. Studies indicate both men and women make up the new crew of gardeners, many of whom are younger than you might expect; 83 percent of people aged 18-34 described gardening as “cool,” and 54 percent would rather hit the nursery than a nightclub. This was a British study, but it’s still
Pacific Northwest Ballet presents George Balanchine’s The Nutcracker®
After a long, unexpected hibernation, Pacific Northwest Ballet’s production of George Balanchine’s The Nutcracker® returns to the stage for live performances this holiday season. Featuring Tchaikovsky’s timeless score performed by the world famous PNB Orchestra, PNB Company dancers in showstopping roles, bright young stars from the PNB School, uniqueto-Seattle sets and costumes by Ian Falconer (creator of Olivia the Pig), and McCaw Hall’s lobbies decked out with the season’s best photo ops, PNB’s production is a holiday treasure for audiences young and old, according to a press release. George Balanchine’s The Nutcracker® runs through Dec. 28 at Seattle Center’s Marion Oliver McCaw Hall, 321 Mercer St. Tickets start at just $27. New this year, PNB is offering a sensory-friendly matinee at 2 p.m. Dec. 21, designed to provide
Photo by Erica Browne Grivas The 1970s are having a reprise as houseplants continue their stratospheric rise in popularity like this alocasia. intriguing. Bird-watching has emerged as a socially-distant hobby for all ages. Visits to the Cornell Lab of Ornithology live bird cams doubled since the year before, and bird feeder and feed sales are soaring too. Floral-arranging and cutting gardens are rising in popularity, too; bouquets are a beautiful way to say, “I miss you.” Even chairs and paint aren’t immune from the frond-fest. In décor, nature-inspired colors and patterns, like minty greens and florals, are in. But for all this desire for nature, technology is woven into our lives. The report indicates online
shopping is here to stay, and tech will be incorporated into much of our seeking for, if not our actual, interaction with nature. Are you unsure how to lay out your new vegetable garden or take cuttings from your philodendron? Where to find grosbeak starlings? Where the nearest forest-bathing walk is? How wide your ax-lane should be? There’s an app — or a TikTok video — for that. Going forward, you’ll be able to buy a vegetable garden kit with a swipe while watching the seed-sowing video of the floral-clad #cottagecore #homesteader — as well as her sun hat and boots.
a welcoming and supportive environment for people with sensoryprocessing challenges to enjoy the performance. The Nutcracker will also stream digitally Dec. 20 through Dec. 28, for families and friends to watch from the comfort of home. Tickets for the digital access are $49. For tickets and additional information, contact the PNB Box Office at 206-441-2424, online at PNB.org or in person at 301 Mercer St. PNB asks people to be mindful of unauthorized online resellers: When purchasing tickets for PNB’s production of The Nutcracker, order directly through PNB. According to a press release, the music and choreography remain the same, but audiences will notice a new character making its debut on stage in 2021. When Balanchine choreographed The Nutcracker in 1954, he sought to showcase a global array of cultures, some of which can now be viewed as cultural appropriation. With permission from the George Balanchine Trust, PNB has sought to revise
the Chinese divertissement: Elements of racial stereotyping were removed prior to PNB’s 2015 premiere and now, working closely with Phil Chan (co-founder of Final Bow for Yellowface), PNB will be introducing the Green Tea Cricket in Act II.
DASS Dance presents Seattle City Nutcracker DASS Dance and choreographer and auteur Daniel Wilkins brings his experience of over 20 years of creating critically acclaimed work to Seattle with Seattle City Nutcracker, 1:30 p.m. and 6 p.m. Dec. 12 at Broadway Performance Hall, 1625 Broadway, Seattle. Premiered in 2019, Seattle City Nutcracker is a contemporary production showcasing Wilkins’ melding of jazz, ballet, modern and acrobatics as well as tap and high flying aerial. Tickets cost $32 general or $27 for students/seniors. Purchase tickets at https:// seattlecitynutcracker.bpt.me or (800) 838-3006.
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DECEMBER 2021