Keller Williams Greater Seattle

Pontedera Condo’s Summer buyer preview event

Pontedera Condominium (website) will be hosting a Summer Buyers Preview Event on Wednesday, July 22nd, to showcase the project and neighborhood and provide information on financing options.

Date: Wednesday, July 22nd
Time: 4:30 PM to 8:30 PM
Location: Hiawatha Lofts Community Room, 843 Hiawatha Place South

Pontedera is an affordable condominium project developed by HomeSight, a non-profit housing developer and mortgage broker. Currently, Pontedera is approximately 70% completed with occupancy slated for 2010.

The homes are priced to appeal to first-time homebuyers, many of whom earn less than 80% of the area’s median income. For those earning less than 80% of the median income, HomeSight can provide up to $70,000 in assistance that is repaid when the buyer sells or refinances. For buyers earning up to 120% of median income, HomeSight can provide a second mortgage to eliminate the need for mortgage insurance. Finally, Pontedera is the only condominium development to offer the city’s 12-year property tax exemption; available to buyers of one-bedroom units earning up to 100% of median income or up to 120% for two- and three-bedroom units.

The development is conveniently located close to dowtown at South Dearborn and Hiawatha Place South and offers one-, two- and three-bedroom homes plus live/work units.

Layout Type
Size
Starting Price
One-bedroom
565 to 780 sq ft
$219,000
Two-bedrooms
780 to 1,170 sq ft
$285,000
Three-bedrooms
1,200 sq ft
$380,000
Live/Work Loft
TBD
$289,000

 

Homes feature hardwood, woven bamboo and Green Label carpet flooring, a central hot-water system, stainless steel appliances and maple wood cabinetry. Select units also include gas fireplaces, Soapstone kitchen countertops, private decks and A/C ready sleeves. Common areas include a common garage with bike storage, a landscaped terrace and a community room.

Presently, the sales office is open on Saturday and Sundays from 1:00 to 4:00 PM at 827 Hiawatha Place South.

View available Pontedera condos for sale.

Renderings courtesy of Wolf Design

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About the Author

About the Author: Ben Kakimoto is a condo marketing specialist and publisher of The Seattle Condo Blog. Ben's focus is urban residential properties in Seattle's metropolitan core. Contact Ben to learn more about the Seattle condo and loft real estate market. Find Ben on Google+, Twitter and Facebook. .

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