Property Description
This is a two-bedroom home that gets lots of light. The front porch is a private entrance with a garden and hangout spot, and it faces west with a decent view of the Flatirons. The rear entrance is the next-door neighbor's front entrance, and it is wheelchair accessible. There is a parking space, and guest parking, in the parking garage below the home that's shared with neighbors. It's great for winter. I have made the small improvement of adding floating bookshelves in the living room and one of the bedrooms. There are two closets in the first bedroom and one closet in the second, plus a closet in the rear-entrance foyer. There is a storage space in the Iris Hollow neighborhood, a block away, for $40 a month that is available. The rear entrance is now setup as a hangout for my child, but it can also just be cleared if you'd rather it empty. There is a shared backyard for BBQ's, birthday parties, etc. but mostly for the dogs of the condo association and their owners to enjoy. There is a great little park and playground two blocks away called Parkside Park. Safeway is one block east of us, and Wonderland Lake and the foothills are just 20 or so blocks west. The bike path that connects with the Creek Path is accessible right behind our home, near the optional storage shed. Columbine Elementary is a few blocks west. All the neighbors are great and most have been around for many years. Some are in the affordable-mortgage program and some are not.
- Max Price: $173,385
- 2 bedrooms, 1 bathroom
- Square Feet: 900
- HOA: $440/month. Last HOA change was $40 on 01/01/2019 (HOA evaluation check list PDF)
- Tax: $1,000/year
- Parking: Assigned parking space
- Exclusions: Three floating bookshelves, clothes washer, clothes dryer, Haitian day bed (all may be purchased separately). Seller's personal property.
- Solutions grant eligible (applicants need to qualify)
Showings
Due to COVID-19, viewing the property is currently not a requirement to enter the selection. The highest ranked in the selection will be granted a showing prior to making an offer.
Income Limits
| 1 PERSON | 2 PERSON | 3 PERSON | 4 PERSON | 5 PERSON |
|---|---|---|---|---|
| $60,440 | $69,075 | $77,710 | $86,270 | $93,210 |
Asset Limits
| ASSET CLASSIFICATION* | 1 PERSON | 2 PERSON | 3 PERSON | 4 PERSON | 5 PERSON |
|---|---|---|---|---|---|
| Standard | $55,000 | $70,000 | $85,000 | $100,000 | $115,000 |
| Recently Divorced | $85,000 | $100,000 | $115,000 | $130,000 | $145,000 |
| Retired | $85,000 | $100,000 | $115,000 | $130,000 | $145,000 |
| Permanently Disabled | $140,000 | $155,000 | $170,000 | $185,000 | $200,000 |
Your down payment will be deducted from your total assets up to 20 percent of the home’s value ($34,657– for this home). For example, if a two-person household with assets calculated by the program to be $90,000 puts $20,000 down they would be eligible ($90,000-$20,000=$70,000 in assets). If you are classified as retired or permanently disabled all the money you put down will be deducted. Please contact us if unsure you are below the asset limit for this home.
Fair Selection Process
Entrants for this home’s selection:
| Number Entered | Tier |
|---|---|
| 7 | Work in Boulder year+ |
| 2 | Work in Boulder less than year |
| 6 | All other |
Tier of applicant that went under contract:
Work in Boulder Year+ (number 1 in selection)
Contact
John Spalvins
RE/Max
(303) 229-8433
john@johnnyremax.me