New Victory Heights House Asking $1.7 Million

This week, a newly constructed house on NE 107th Street in Victory Heights went on sale for an astonishing $1.789 million price tag, a new record for our neighborhood. Described as “refined Maple Leaf living” (ha!), the 4500 square foot house boosts five bedrooms and eight bathrooms. If you put a down payment of 20% ($357,800), the mortgage would be $7,791 per month, with annual property taxes with the new valuation estimated at $17,000.  Easy-peasy if you earn $110,000 a year, don’t eat, don’t use any utilities, and don’t own a car.

The former house at 1910 NE 107th Street (courtesy Google Street Maps).

The original house at that location (see left) was an 880 square foot house built in 1941. It was demolished to make way for the new construction.

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5 Responses to New Victory Heights House Asking $1.7 Million

  1. Brad C. says:

    It’s one thing to ask $1.789 million. It’s another thing to actually sell it for that price.
    Last year, a house in the 9800 block of Roosevelt Way went on the market for $1.49 million. It sold for $1.075 million.
    Granted, real estate prices are high right now, and it is a beautiful new house, but let’s see the price at which it actually closes.

  2. Kimberly says:

    The house was bring pre sold at $1.2M up until the week it got put on the market. They got no offers at the pre sale price so decided to increase the price by $500k when it hit the market?! The agent stated at the open house this weekend that they received an offer, but the review date was yesterday and it’s still active as of right now. I would shocked if they get full price.

  3. John R says:

    There’s currently a house on Northgate Way between 20th and 23rd (2015 NE Northgate Way) that’s been on the market at over $1.1 million since June 2015. Hope this new listing fares better than that one.

  4. Ms. Tweetley says:

    Feel sorry for the neighbors who now look at a three-story wall. With 5 and 8, it could be a boarding house. Hope the owner’s don’t keep the flood lights on all night as the builder has been doing.

  5. Brad C. says:

    I took a look inside during the open house on Sunday. It is spectacular on the inside, as well, there is no doubt about that. There is an Attached Dwelling Unit (ADU) in the basement that could probably be rented for $1500/month, maybe more, and that would certainly help with the cost. (Not that anybody who can afford this house will be seriously thinking about that.) But, I continue to doubt that anybody would pay $1.75 million for a house on that street, and that’s no disrespect to NE 107th St. Put that house in Bellevue or Kirkland, next to other $1.5 million houses, or give it a real view, and it’s a $1.8 million sale. Here, I think it will be hard to get more than $1.25 million.

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