Apply by Wednesday, September 18th, 2024 at 5:00 PM to be part of the buyer selection for this home.
For more information about the buyer selection process, please click here: How to Apply for Shared Equity
Pricing Details
Market Value: $326,000
CHT Investment: $161,000
Buyer’s Price: $165,000
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.
Home Description
Spacious 2 bedroom, 1 bath townhome in the New North End. Featuring hardwood flooring on the main level, large bedrooms upstairs, and a rear deck. There’s also an attached one-car garage and a full unfinished basement with laundry and plenty of room for storage.
Located close to area amenities, including shopping and restaurants plus schools, parks and the Beltline – just 5 minutes to Colchester and 10 minutes to downtown Burlington.
Estimated Monthly Costs
This estimate assumes a 30-year fixed rate loan for the buyer’s price at a 6.0% interest rate with no points. Actual payment may vary depending on the loan product for which the buyer or property qualify.
| Mortgage: | $989 |
| Taxes: | $293 |
| Homeowner Association Fee: | $210 |
| CHT Membership Fee: | $45 |
| Insurance: | $25 |
| Total per month: | $1,562 |
Property Features
- Year Built: 1992
- Style: Condominium
- Total Finished Sqft: 1080
- Garage: Yes
- Heat: Forced Air - Natural Gas
- Water Heat: Natural Gas
- Sewer: Public
- Water: Public
- Appliances Included: Refrigerator, Gas Stove, Dishwasher, Microwave, Washer and Dryer
- Washer and Dryer Hook-ups: Yes
- Homeowners Association: Valade Park Condominium
- # of Units in HOA: 52
- Dues Include: Exterior Maintenance, Yard Maintenance, Trash, Snow Removal
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