744 Harvard Condo – Capitol Hill
Updated 11/12/2010 – revised prices.
The small boutique 744 Harvard Condominium development located in Capitol Hill’s desirable Harvard-Belmont District is back on the market. The 744 Harvard features only 4 upscale homes, of which, only two remain available – the Penthouse (#300) and unit #200.
Developed by Ironwood Investments and designed by Studio Meng Strazarra, these homes offer superior concrete and steel frame construction with a loose set flagstone facade. Inside, you’ll find:
- Bamboo and Teak flooring
- Gourmet kitchens with Viking professional Bosch appliances
- Slab granite counters
- Gas fireplaces in living room and master suite
- Radiant heat floorings
- Direct access to home via the elevator
- Two parking spaces
These units first came on the market in late 2008 / early 2009 with the smaller units on the 100 level having sold leaving the two upper level homes available at steeply reduced prices.
Unit #200: 3-bedrooms, 2.5 baths within 2,074 square feet of living space is presently listed at $949,950, a $50,000 reduction from its most recent offer price. It was originally listed in February 2009 at $1,850,000. As of 11/12/2010, #200 is priced at $799,000.
Penthouse (Unit #300): 3-bedroom, 2.5 baths within 2,021 square feet of living space was just reduced by $250,000 to $949,950. It was originally listed in August 2008 at $1,950,000. As of 11/12/2010, #300 is priced at $825,000.
Photos of Unit #200:
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Photos of Penthouse Unit #300:
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The homes are available for viewing by appointment only, however the condo specialists with The Seattle Condo Blog will be able to coordinate a tour for interested buyers. Though not technically short sales, purchases will require lender approval.
The lender approval has been removed and is not applicable at this time. These units are priced to sell.
Not that tax value is a basis for listing prices, though the penthouse is approximately $500,000 under tax value. Buy now, fight the tax basis after you close. Best deal in the best neighborhood, bar none.
Contact Ben and his team for private showings.
Thanks
Greg (Listing agent)
Greg – thanks for the update on lender, I’ll note it in the post.
Nice properties. Its incredible how all of these properties are reducing prices, hopefully with the new extension more properties will sell. Good luck to you.
All I have to say is ‘WOW’.
Stunning condo, for sure. And $500,000 under tax value??? Am I reading correctly?
I had to check. Yes, #200 is about $500,000 below appraised value and the PH (#300) is about $635,000 below its current tax appraised value.
Looks awesome are these condo units. Moreover, condo features and amenities are amazing, and I’m sure many buyers are now looking to purchase one of these units.
The gourmet kitchen looks pretty impressive and the spacious living room with the awesome fireplace is quite a scene stealer too!!! What a gorgeous place for a home…