I have not visited the Cleveland in person, however, I have noticed that people and/or investors bought these condos like crazy and are now selling them like crazy! They currently have many for sale and you can view them at www.condocompare.com and search for the Cleveland.
From looking at their sale history, I spot a few resales that have happened and some that are currently being re-sold by owners. Below is a list of resale and already resold condos. In matter of months, having done no work at all, they want to make at least $37K profit! This is blood sucking! I refuse to buy condos from these bastards! Take unit #413 for instance, it was sold to whoever for $351K in 8/29/2007 and now he/she is reselling it for $499,900, wanting to make $98K profit in 5 months!!! This is called !@# f**king. If I do end up wanting to buy one, my offer will be $351K sharp, it's going to be the hard way of take it or leave it negotiation.
| Unit | Date Purchased | Purchased Price | New Sale Price | Profit |
| 217 | 8/6/2007 | $292,403 | $329,990 | $37,587 |
| 303 | 10/9/2007 | $316,875 | $379,900 | $63,025 |
| 315 | 8/7/2007 | $456,000 | $499,900 | $43,900 |
| 413 | 8/29/2007 | $351,000 | $449,900 | $98,900 |
| 513 | 7/27/2007 | $394,900 | $467,000 | $72,100 |
| 517 | 7/27/2007 | $337,000 | $385,900 | $48,900 |
| 606 | 7/19/2007 | $403,900 | $489,000 | $85,100 |
Cleveland condos history is available for public viewing at King County

2 comments:
Hi Lila,
Can you provide more direction on how to find the home sale history on the King County website?
Thanks!
It looks like Parcel Viewer is down. I can check back tomorrow and let you know.
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