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2870 E College Ave Unit 110 - 1 Bed, 1 Bath - $112,897 - Under Contract

2870 E College Ave Unit 110  - 1 Bed, 1 Bath - $112,897 - Under Contract

Open Houses

Sunday, November 17, 2019 from 12:00 to 2:00 pm
Wednesday, November 20, 2019 from 4:00 to 6:00 pm

Property Description

Bright and modern, this sunny south facing unit is conveniently located near CU, grocery stores, parks, and bike paths. It features 9 foot ceilings, an open floor plan, plus a walk in closet. This pet-friendly loft-style condo comes with central AC, a private patio, one secure undergroung parking space, a storage unit in the garage, and access to the community fitness room.

  • Max Price: $112,897 
  • 1 bedroom, 1 bathroom
  • Square Feet: 624
  • HOA: $211/month.   Last HOA increase was $48 in January 2018   (HOA evaluation check list) pdf
  • HOA Pet Policy:  Cats and dogs allowed, maximum two pets
  • Tax: $624/year
  • Parking: Asigned parking space, underground.
  • Exclusions: None
  • This home is Solutions Grant eligible (applicants need to qualify)

Showings available by appointment and at above open houses. 

Property Photos

See full photo set in the Photo Gallery

 

Income and Asset Limits

Income

1 person 2 person 3 person 4 person 5 person
$60,815 $69,450 $78,155 $86,790 $93,745

Assets

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 asset classification can be found on your preliminary certification letter. Please contact us for help determining how you have been classified.

Your down payment will be deducted from your total assets up to 20 percent of the home’s value ($22,579 – for this home). For example, if a two-person household with standard 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 Details

  • Selection Date: Friday, December 13, 2019
  • Application Deadline: Friday, November 22, 2019, 5 p.m.
  • Selection Process Entry Form Due Date: Thursday, December 12, 2019, 5 p.m.

A complete application is due on the application due date. If an application is incomplete or more information is required you will not be allowed to participate in the selection process.

Use the link in the right column to complete the Selection Process Entry Form.

Contact

Terry Larson
RE/Max of Boulder

303-589-3028
[email protected]

 

The City of Boulder does not warrant the entire contents of this listing. Some listing information is received from the seller and/or the seller's real estate agent. Prospective buyers and their agents are responsible for verifying listing information in person, through communication with the listing agent or seller, through public records, and other due diligence processes.


Notice of Nondiscrimination

Equal Housing Opportunity logo

The City of Boulder, Division of Housing does not discriminate on the basis of race, color, religion, gender, age, national origin, disability, marital status, familial status, sexual orientation or military status in any of its programs, services or activities.

Reasonable Accommodation

The Department of Housing and Human Services, upon request, will provide appropriate aids and services leading to effective communication for qualified persons with disabilities so they can participate equally in programs, services and activities. Anyone who requires an auxiliary aid, communication service, or a reasonable accommodation to participate in a program, service, or activity of the Department, should call the ADA/Section 504 Coordinator at 303-441-3231. For hearing or speech impaired residents, please dial 7-1-1 for Relay Colorado.

For more information on legal notices and resources, visit: bouldercolorado.gov/housing/legal-notices