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January 10, 2002

Paragon Real Estate Advisors

The 74-year-old, red-brick Daphne Apartments in Seattle's Capitol Hill neighborhood sold for $2.9 million, according to Paragon Real Estate Advisors. The 20-unit building is at 433 13th Ave. E. Paragon's Richard Belden represented the buyer, which Paragon didn't identify. Bruce Kahn and Rick Downing of Westlake Associates represented the seller, who King County property records identify as Joseph and Marjorie Morton. Paragon said both the buyer and seller were conducting 1031 tax-deferral exchanges.




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