Available Homes

Park Street, Essex - 2 Bedroom

Park Street, Essex - 2 Bedroom

    $115,000*

    Address:
    57 Park Street
    Essex, VT 05452

    Bedrooms: 2  Bathrooms: 1

    Market Value: $175,000

    CHT Investment: $60,000

    Buyer's Price: $115,000 *

    Estimated Property Taxes: $2,460 per year

    Homeowner's Association Fee: $175 per month

    A Green Mountain Habitat for Humanity and CHT Partnership: Contact CHT today for more information.

    CHT is teaming up with Green Mountain Habitat for Humanity to build and sell four new homes in Essex. They will be built by Habitat for Humanity and then sold in to the Shared Equity Program at CHT. Buyers must qualify for both Habitat for Humanity and the Shared Equity Program. They must be willing to put in at least 200 hours of volunteer hours with Habitat for Humanity. There are reduced income limits to purchase these homes. Please see the table below: 

    Household Size Maximum
    Income 
    1 $34,620
    2 $39,600
    3 $44,520
    4 $49,440
    5 $53,400

    Other Requirements:

    • Must qualify for a conventional mortgage with a local lender
    • Must attend Homebuyer Education and Shared Equity Informational Meeting
    • Must live in substandard housing currently according to Green Mountain Habitat for Humanity’s guidelines
    • Must have $3,000 in personal savings


    Contact Us for More Information: 802-861-7373

    More Info

    • Year Built: 
    • Style: Second Floor Flat with Loft
    • Total Finished Sqft: 1,000
    • Basement: None
    • Garage: Oversized One-Car Garage

    For Estimated Monthly Costs Download the Listing Sheet

    • Heat: Hot Water Baseboard - Natural Gas
    • Water Heat: Natural Gas
    • Sewer: Public
    • Water: Public 
    • Appliances Included: Refrigerator, Gas Stove, Dishwasher
    • Washer and Dryer Hook-ups: Yes

    Contact Us for More Information: 802-861-7373

    More Info

    >

     

    Contact Us for More Information: 802-861-7373

    More Info

    >

    How To Purchase

    • Attend the one-hour Shared Equity Program Informational Meeting
    • Complete and submit application
    • Meet income and asset eligibility requirements 
    • Attend the Homebuyer Education Workshop
    • Attend one-on-one counseling with a CHT counselor
    • Have a current pre-approval letter from an approved CHT lender
    • Be able to contribute at least $3,000 of your own funds towards closing costs (typically from $6,000 to $8,000)

    Shared Equity Program Application Shared Equity Program Application (376 KB)

    Contact Us for More Information: 802-861-7373

    More Info