3 Beds
3 Baths
1,085 SqFt
3 Beds
3 Baths
1,085 SqFt
Key Details
Property Type Townhouse
Sub Type Attached Dwelling
Listing Status Active
Purchase Type For Sale
Square Footage 1,085 sqft
Subdivision Park Ave North Filing #1
MLS Listing ID 5866220
Style Contemporary/Modern
Bedrooms 3
Full Baths 1
Half Baths 1
Three Quarter Bath 1
HOA Y/N false
Abv Grd Liv Area 1,085
Year Built 2020
Annual Tax Amount $1,491
Property Sub-Type Attached Dwelling
Source REcolorado
Property Description
Additional home features include numerous upgrades, a washer and dryer in-unit, gas stove, electric blinds, landscaping, and a built-in pergola.
This property offers a rare opportunity to own a home in one of the city's most desirable neighborhoods for under market value. The most recent appraisal was over $700K which means there is no mortgage insurance (PMI). In addition, there is no HOA fee for this unit making it cheaper than other units right next door. Utility costs are historically low ranging from $100-$150 per month for electric, water, gas, and internet. Property taxes and insurance are $200/month total. With only 3% down ($11K) and a 1% interest rate buydown, you could own this luxury townhome for $2500 a month, everything included.
This home is part of the Denver HOST program. Eligible buyers must earn between 50% and 100% of the Area Median Income (AMI), with income limits of $98,100 for a one-person household and $112,100 for a two-person household. Income limits include earnings from stocks, bonds, savings, and cryptocurrency. However, 401(k) and 529 account earnings and employer contributions are excluded.
Buyers must be approved by the Department of Housing Stability (HOST) https://www.denvergov.org/Government/Agencies-Departments-Offices/Agencies-Departments-Offices-Directory/Department-of-Housing-Stability/Resident-Resources/Affordable-Home-Ownership
Location
State CO
County Denver
Area Metro Denver
Zoning Residential
Rooms
Primary Bedroom Level Upper
Bedroom 2 Upper
Bedroom 3 Main
Interior
Heating Forced Air
Cooling Central Air, Ceiling Fan(s)
Window Features Window Coverings
Appliance Dishwasher, Refrigerator, Dryer, Disposal
Laundry Main Level
Exterior
Garage Spaces 1.0
Utilities Available Electricity Available, Cable Available
View Mountain(s), City
Roof Type Rubber
Porch Patio
Building
Story 3
Sewer City Sewer, Public Sewer
Water City Water
Level or Stories Three Or More
Structure Type Concrete
New Construction false
Schools
Elementary Schools Whittier E-8
Middle Schools Mcauliffe International
High Schools East
School District Denver 1
Others
Senior Community false
SqFt Source Assessor
Special Listing Condition Private Owner, Permanent Affordable Housing, HUD Owned
