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Most Popular Condo this Week: Madison Park Place

By Matt Goyer April 6, 2009

I was surprised to see 2000 43rd Ave E #302 has been the most popular condo on Redfin in the past week:

For $1.5mil the kitchen is rather, um, lacking:

At 1,944 square feet the place is pricey at $769/sq. ft.

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8 responses to “Most Popular Condo this Week: Madison Park Place”

Mark W says:

April 7, 2009 at 12:26 am

The place could use a visit from the Designed to Sell folks.
Justin says:

April 7, 2009 at 1:30 pm

I don't know what everyone is complaining about. With futuristic advancements like
The Refrigerator! Tired of relying on the ice man to deliver blocks in a timely manner? What happens when he doesn't show? Uh oh! Dinner is spoiled. The man of the house sure will be angry when he gets home. This problem is now solved with modern electronic refrigeration. No more ice service, no more spoiled food. Just plug it in and listen as the magic of new technology going to work, chilling your food without the misses even lifting a finger. There is even an electric light bulb that magically turns on when you open the door to help you find just the perfect item to serve for dinner. The perfect solution for a modern homemaker. Visit your local Westinghouse appliance dealer today!
Eric Kennedy says:

April 24, 2009 at 2:11 pm

A much better value in Madison Park is my condo, which has an updated kitchen and bath:
http://www.redfin.com/WA/Seattle/1800-43rd-Ave-…

You can contact me directly since I'm selling it by myself…
EconE says:

April 24, 2009 at 5:09 pm

01/1996 $119,400

11/2003 $212,357

04/2009 $359,000?!?!?!

Now quit pimpin your condo on Matt' blog.

You might want to repaint that bedroom too.

;^)
Eric Kennedy says:

April 24, 2009 at 7:42 pm

Yeah, this is a good example of how it's hard to separate out building improvements from appreciation. There were three separate assessments of $5,000, one to replace the south side decking and railing in 2000, another to replace the original roof on both buildings in 2002, and last one to replace the North side deck surface and railing in 2004. The developer who converted it from apartments didn't spend much on the conversion and thus could offer it at a lower price. If you look at Case Schiller, the end of 1995 (closing happening a month later) was basically the low of the 1990s real estate market in Seattle.

In addition to that $15,000 in improvements, I've spent tens of thousands of dollars on my remodeling. That's probably why I just got a full price offer from soneone who rents in the building :-)
uwp says:

April 25, 2009 at 3:02 am

Nice. A full price offer the same day it was listed!
I wonder what that poor slob of a renter is currently paying, seeing as he is about to throw down over 2k a month on a sub 600ft2 one-bedroom apt-conversion. (And that's if he puts up a 20% downpayment.)
EconE says:

May 1, 2009 at 11:58 pm

And that “full price offer” turns into a 20k price drop.

http://www.redfin.com/WA/Seattle/1800-43rd-Ave-…
EconE says:

May 2, 2009 at 6:58 am

And that “full price offer” turns into a 20k price drop.

http://www.redfin.com/WA/Seattle/1800-43rd-Ave-…

Most Popular Condo this Week: Madison Park Place

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