For more information about the buyer selection process, please click here:  How to Apply for Shared Equity

Pricing Details

Market Value: $312,000
CHT Investment: $113,000
Buyer’s Price: $199,000

The market value is the value of the home if it were sold in the traditional market. CHT has an investment in the home which brings the price that the buyer will have to pay down to the listed Buyer’s Price.

Description

Sweet 3 bedroom, 1 bath ranch style home in the New North End of Burlington.  Featuring stainless steel appliances, fully fenced lot, garden shed and one-car attached garage. Plenty of storage space in the unfinished basement.

Conveniently located just off the Beltline for easy access to Colchester or Downtown Burlington. Close to area amenities, restaurants, shopping, parks and North Beach.

Estimated Monthly Costs

This estimate assumes a 30-year fixed rate loan for the buyer’s price at a 6.25% interest rate with no points. Actual payment may vary depending on the loan product for which the buyer or property qualify.

Mortgage: $1,225
Taxes: $376
Homeowner Association Fee: $ 0
CHT Membership Fee: $45
Insurance: $75
Total per month: $1,721

 

Property Features

  • Year Built: 1974
  • Style: Single Family Home
  • Total Finished Sqft: 960
  • Basement: Yes
  • Garage: Yes
  • Heat: Forced Air - Natural Gas
  • Water Heat: Natural Gas
  • Sewer: Public
  • Water: Public
  • Appliances Included: Refrigerator, Electric Stove, Dishwasher, Microwave, Disposal, Washer + Dryer
  • Washer and Dryer Hook-ups: Yes

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