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Greater Seattle's Top 10 Sales of Foreclosures - Luxury Bank-Owned Homes

By
Real Estate Agent with SeattleHome.com -Coldwell Banker Danforth

Since we just went over the most-exclusive waterfront and luxury bank-owned homes for sale in the Greater Seattle area, it seems appropriate to review the highest-priced sales in the past couple of years. 

The infamous Kirkland Mansion Squatters' temporary residence had its second day in the sun, with our top sale of the year ($2.6 million).

The following homes are the Top 10 bank-owned home sales listed on the NWMLS in 2009 and 2010:

727 14th Ave W, Kirkland, WA  $1,400,000 4 beds, 3.25 baths, 5,640 Sq Ft
 Kirkland Luxury Real Estate Foreclosure
This West of Market luxury home in Kirkland was on the market for 1.5 years before selling at $1.4 million.  Within walking distance of Kirkland's waterfront parks, the home has Lake Washington and city views.


9430 Lake Washington Blvd NE Bellevue $1,430,000  4 beds, 4.50 baths,  5,950  Sq Ft
Bellevue Luxury Real Estate Foreclosure
This Meydenbauer home in West Bellevue was on the market 355 days before selling just above its final list price.  Next to Clyde Beach Park and just blocks from downtown Bellevue, the home is situated in a landmark location.

3940 West Lake Sammimish Pkwy SE Bellevue $1,455,000  5 beds, 5.50 baths,  4,330  Sq Ft
Lake Sammamish Waterfront Real Estate Foreclosure
At 92 feet of waterfront, this Lake Sammamish property in Bellevue sold at 97% of its list price in just 11 days.  With 90 feet of level waterfront and a full mother-in-law unit, it was a relative lakefront steal.

13249 Holmes Point Dr NE Kirkland $1,500,000  4 beds, 4.50 baths,  5,850  Sq Ft
Kirkland Waterfront Real Estate Foreclosure
After nearly two and a half years on the market, this luxury home in North Kirkland's Holmes Point neighborhood sold for 79% of its original list price.  The 2007-built home features walls of windows and inlaid floors, as well as shared waterfront with a boat slip.

1120 Lakeside Ave S Seattle $1,510,000  4 beds, 3.25 baths,  4,270  Sq Ft
Seattle Waterfront Real Estate Foreclosure
In Leschi, this bank-owned home with 51 feet of waterfront sold after 10 days in its final stint on the market.  It had been previously listed on and off since 2008, with an '08 list price of $2.7 million.

29421 SE 15 Place Fall City $1,550,000  4 beds, 5.75 baths,  5,530  Sq Ft
King County Luxury Real Estate Foreclosure
This five acre luxury estate in Fall City sold in just two weeks on the market.  Its selling price was above the list price of the home.  The premium price goes along with the premium property taxes--approximately $30,000/year.

2423 98th Ave NE Clyde Hill $1,700,000  5 beds, 4.50 baths,  5,390  Sq Ft
Clyde Hill Luxury Real Estate Foreclosure
In Clyde Hill, a rare bank-owned home sold after 3 weeks on the market at nearly the full list price.  This 2002-built Mediterranean estate features marble floors, 20 foot ceilings, and a Basalt water feature.

13245 Holmes Point Dr NE Kirkland $2,600,000  5 beds, 7.00 baths,  9,930  Sq Ft
Holmes Point Kirkland Real Estate Foreclosure
Back in Holmes Point, this waterfront home on 2/3 of an acre sold after 9 months on the market at 90% of its list price.  The home has an elevator, billiard room, and sauna, plus a separate boathouse with a studio/guest quarters.

1114 Sunset Ave SW Seattle $2,800,000  3 beds, 4.00 baths,  5,100  Sq Ft
Alki Admiral West Seattle Luxury Real Estate Foreclosure
Walls of glass, four fireplaces, and multiple view decks appoint this modern Admiral home in West Seattle.  The home was listed for 15 months before garnering 82% of its original list price.

435 8th Ave W Kirkland $2,825,000  6 beds, 7.00 baths,  7,680  Sq Ft
Kirkland West of Market Luxury Real Estate Foreclosure
Remember the Kirkland Mansion Squatters?  This was the home that they "allegedly" crashed in for a short while without paying a dime.  Luckily, the police straightened out the situation and after 6 months on the market it sold for 97% of its list price.  At 6 suites and 9 total baths, the home is expansive but has an old-world interior design.

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