1521 cropFifteen Twenty-One Condominiums released a press release on Friday to announce that they are 97% sold with only 4 developer units left to sell. According to the press release, 139 of the 143 developer owned units in the high rise have sold. They also indicate that 222 condos sold above $1 million in downtown Seattle since November of 2008, and that 122 of those have been in Fifteen Twenty-One. Those sales averaged $1.7 million or approximately $900 per square foot.

On the heels of this press release, we thought it would be a great time to update our Condo Review on this building.

The stats:

  • 143 units
  • 38 stories
  • Built in 2008
  • All units have 2 bedrooms and most have den spaces as well with 2 or 2.5 bathrooms
  • Range in size from 1644 to 2999 square feet
  • All have 1 or 2 parking spaces and some have more
  • 27 units sold in the last year ranging in price from $825,000 to $4,250,000
  • 4 developer owned units and 1 resale are available at the time of this article
  • Designed to LEED Silver standards
  • Amenities: Rooftop deck with outdoor kitchens and fireplaces, 24 hour concierge, building manager, business conference space, fitness center, yoga/pilates studio, playroom for children, bike storage, pet area, and optional wine room and work studios
  • HOA dues include: water, sewer, garbage, central hot water, earthquake insurance, cable TV, 24 hour concierge, master insurance policy, building manager

The pros:

  • Expansive water and/or city views from every unit
  • High-quality building amenities
  • Ultra luxury finishes
  • AC in every unit (important for high floor west facing units especially)
  • High speed elevators
  • Being on 2nd Avenue you are close to Pike Place Market, the retail and financial districts as well as Belltown’s amenities
  • Private Decks/Outdoor spaces are an innovative open and closable solarium sliding window

The cons:

  • 2nd Avenue is a busy street and can be noisy
  • Close by bars and night clubs can be an annoyance
  • Nothing available under $800,000 price mark
  • As it may be a pro above to some buyers, it’s also a con to others that the private decks/outdoor spaces on the units are not fully open like most traditional decks. They were designed more as solariums which can be opened and closed.   

By Marco Kronen with Seattle Condo Review: A guide to Seattle Condos and Downtown Seattle Condos exclusively for buyers and sellers.