Monday, June 9, 2008

Update on Home Acquisitions

The Hospital has closed on a total of 9 neighboring homes, on top of its Laurelon acquisitions:






























































Location
Sold Date
Price
4XXX NE 45th St
6/12/2007$858,375
4XXX 44th Ave9/28/2007$960,000
4XXX NE 45th St
10/10/2007$960,000
4XXX 45th St
11/19/2007
$617,000
4XXX 44th Ave NE
12/17/2007
$727,000
4XXX NE 45th St
1/25/2008
$1,012,50
4XXX NE 45TH ST
2/11/2008
$850,000
4XXX 43RD AVE NE
2/22/2008
$712,500
4XXX 45TH AVE
5/23/2008
$1,134,000

59% (10/17) of the homes along 45th Street between 40th & 45th Avenues are now owned by organizations known to be seeking development of adjacent parcels.

You can keep an eye on the Hospital's ongoing purchases using the King County Assessor's eSales database. Note: For recent sales, the purchaser is only found on the Recorder's Office pdf tax records.

Update: Carol Eychaner has documented 39 Laurelon units acquired by the Hospital for approximately $10.4 million as of 5/29/08. These units are in addition to the stand-alone homes listed above, for a total of 48 homes in all.