Apply by Thursday, March 7th, 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: $386,000
CHT Investment: $207,000
Buyer’s Price: $179,000
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 townhouse at Stonehedge South just off Spear Street. This end unit features an open first floor layout, 3 bedrooms, 1.5 baths, fireplace with electric insert, rear deck and carport with storage.
Association pool plus tennis and pickleball courts. The South Burlington recreation path runs along the neighborhood for access to nearby parks.
Estimated Monthly Costs
This estimate assumes a 30-year fixed rate loan for the buyer’s price at a 6.5% interest rate with no points. Actual payment may vary depending on the loan product for which the buyer or property qualify.
| Mortgage: | $1,131 |
| Taxes: | $256 |
| Homeowner Association Fee: | $275 |
| CHT Membership Fee: | $45 |
| Insurance: | $25 |
| Total per month: | $1,732 |
Property Features
- Year Built: 1987
- Style: Condominium Unit
- Total Finished Sqft: 1,240
- Basement: No
- Garage: 1 Carport Space
- Heat: Baseboard Electric
- Water Heat: Natural Gas
- Sewer: Public -
- Water: Public
- Appliances Included: Refrigerator, Electric Stove, Dishwasher, Washer, Dyer and Built in A/C in Bedroom
- Washer and Dryer Hook-ups: Yes
- Homeowners Association: Stonehedge 2 (South)
- HOA Allows 1 pet.
- # of Units in HOA: 186
- Dues Include: Building Maintenance, Yard Maintenance, Trash, Snow
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