New Record With Condo Sale ( 7. July 2006, 21:17 by Derek Young) ~ Big Dollars

The 12th floor condo at One Stadium Way mentioned a few weeks ago has sold for a record setting $1,089,000. Unfortunately, it wasn’t I who bought it…

Link to the Business Examiner

Commenting Is Closed
Comments are allowed for two weeks from the posted date. If you want to make a comment or reopen this discussion, please contact us with your request. Thank you for visiting.

#

The place was huge.

Speaking of marketing condos, thought I would share this one with everyone who looks at real estate listings.

Cracks me up:

“McCarver Village Phase II is a townhome community, NOT a condominium. Listed as a condo for marketing response.”

1 | Posted by Erik | Jul 7, 11:19 PM

They are telling the truth. It is not a condo community. It is a zero lot line townhome community.

McCarver Village (zero lot line): You own the land under your townhome.

CitySteps (condo townhome): The HOA owns the land under your unit.

There are pluses and minuses to both.

Most people think of townhomes as only condos, so them marketing it as a condo will help them have a larger audience.

FYI: Same thing with Triangle Townhomes on 6th and Fawcett. They are zero lot line townhomes, not condos.

2 | Posted by Jake | Jul 8, 12:15 AM

oh also..
Zero lot line you also own the exterior of the unit.
Condos you own from the studs in.

3 | Posted by Jake | Jul 8, 12:21 AM

Interesting. I did not know that.

However, I wonder if a “Townhome” is actually a different entity under Washington State law thas a condo.

4 | Posted by Erik | Jul 8, 12:57 AM

Your comments may be off topic a bit…

5 | Posted by Derek | Jul 8, 07:38 AM

Commenting is closed for this article.

#

  • Posted: 7. July 2006, 21:17
  • Author: Derek Young
  • Category:
  • Comment Status:Closed

#

#

Bookmark via:

# #