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

Pricing Details

Market Value: $360,000
CHT Investment: $161,000
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

Nicely updated 2 bedroom, 1.5 bath townhome with central air conditioning and attached one-car garage. The main level features a den, half bath, laminate flooring, and more. Upstairs are the bedrooms and full bathroom. Plenty of extra storage space in the unfinished basement plus a laundry area.

Located on a cul-de-sac at Hollow Creek near area amenities, the bike path to the Bay and just a 10 minute drive to I-89. Sun Run solar panels reduces electric costs (monthly service fee).

Estimated Monthly Costs

This estimate assumes a 30-year fixed rate loan for the buyer’s price at a 6.50% interest rate with no points. Actual payment may vary depending on the loan product for which the buyer or property qualify.

Mortgage: $1,258
Taxes: 283
Homeowner Association Fee: 275
CHT Membership Fee: $45
Insurance: $25
Total per month: $1,886

 

Property Features

  • Year Built: 1994
  • Style: Condominium
  • Total Finished Sqft: 1,320
  • Basement: Yes- Unfinished
  • Garage: Yes- 1 Car
  • Heat: Natural Gas, baseboard forced air
  • Water Heat: Natural Gas
  • Sewer: Public
  • Water: Public
  • Appliances Included: Gas Stove, Refrigerator, Microwave, Freezer, Dishwasher, Washer, Dryer
  • Washer and Dryer Hook-ups: Yes
  • Homeowners Association: Hollow Creek 
    • # of Units in HOA: 44
    • Dues Include: Building Maintenance + Exterior Maintenance + Snow + Trash
    • Pet Policy: Pets allowed

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