June Laurelhurst Real Estate Summary

Kim Dales has provided this neighborhood real estate activity monthly report:

recently sold home on NE 38th Street

For the month of June, there were only five new listings in the neighborhood, and three of those went pending in less than 10 days.

One of the highest listed homes at 4939 NE Laurelcrest Lane, near the Laurelhurst Beach Club,  went pending at $10,400,000 and recently sold for $9,750,00 after 274 days on the market.  The 9,762 square foot single family home, built in 1989, has 6 bedrooms and 5.25 bathrooms and features a pool, private dock and a spa/cabana with a sauna and  hot tub.

A home at 3379 47th Avenue NE, a classic mid-century modern home with floor to ceiling windows and SE lake views, sold last moth for almost 20% over asking. It was listed $1,395,000 and closed with six offers for $1,720,000.   The home was designed by Keith Kolb, Seattle architect who worked w/Walter Gropius of Germanys Bauhaus school at the Architects Collaborative in Cambridge and  later with Decker, Kolb & Stansfield in Seattle.

Needless to say the demand for homes in Laurelhurst remains brisk and strong.

Sold

List Price	Sold Price	Address	Sq.Ft.	Price p/sq.ft	DOM
$885,000	$980,000	4710 47th Ave NE	2,210	$443.44	7
$1,250,000	$1,215,000	3543 46th Ave NE	2,830	$429.33	9
$1,350,000	$1,515,000	3825 48th Ave NE	3,520	$430.40	5
$1,650,000	$1,700,000	3638  49th Ave NE	3,850	$428.57	90
$1,395,000	$1,720,000	3379 47th Ave NE	3,350	$513.43	8
$1,898,000	$2,000,000	4546 48th Ave NE	4,054	$493.34	5
$2,100,000	$2,240,000	3910 48th Pl NE	3,430	$653.06	8

Active

List Price	Address	Sq.Ft	Price p/sq.ft
$1,895,000	4712 NE 40th St	3,770	$502.65
$2,895,000	5126 NE 42nd St	4,419	$655.13
*$1,250,000	3818 46th Ave NE	2,490	$502.01
*$1,848,000	4311 55th Ave NE	4,040	$457.43
*$4,750,000	5155 NE Laurelcrest Ln	5,430	$874.77

* Currently Pending

Pending Inspection

List Price	Address	Sq.Ft.	Price p/sq.ft.	DOM
*$1,250,000	3543 46th Ave NE	2,830	$441.70	9

*Listed in May

Pending

List Price	Address	Sq.Ft.	Price p/sq.ft.	DOM
*$1,848,000	4311 55th Ave NE	4,040	$457.43	6
*$4,750,000	5155 NE Laurelcrest Ln	5,430	$874.77	13
$10,400,000	4939 NE Laurelcrest Ln	9,762	$1,065.36	274

* Listed in May