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.

4 thoughts on “New Victory Heights House Asking $1.7 Million

  1. 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. 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. 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. 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.

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