Great location. Great architecture. Solidly built. On the River. One Bedroom in Basalt. HOA dues include water, gas & sewer. Features and finishes includes: ceiling height range 12'-6'' – 16'-6'', aluminum clad wood, windows from floor to ceiling, open floor plans, concrete floors w/radiant heat, private decks, stainless steel kitchen aid appliances, stainless steel hansgrohe bathroom fixtures, and european cabinets.The Town of Basalt has a contract with Garfield County Housing Authority to administer the Town's for-sale housing units. Current max sale price: $330,616 Resale appreciation is 3% simple interest per year or the CPI (whichever is less) The gross annual household income for 2 people maximum (category 3) is $108,259. A buyer can be employed from Aspen to Glenwood. 2. An Owner, in connection with the purchase of this Property or Unit, must: a) occupy any Unit within this Property as his or her sole place of residence during the time that such unit is owned; b) not own, directly or indirectly through a legal entity, any interest alone or in conjunction with others, in any developed property or dwelling units in accordance with the limitations established by the Community Housing Guidelines as amended from time to time; c) not engage in any business activity on or in such Unit, other than permitted in that zone district or by applicable ordinance; d) sell or otherwise transfer such Unit only in accordance with this Agreement and the Community Housing Guidelines; e) not sell or otherwise transfer such Unit for use in a trade or business; f) not encumber the property with debt in any form which exceeds, at any time, the Maximum Resale Price of the Property as determined in accordance with Paragraph 9 and 10 of this Agreement; g) not permit any use or occupancy of such Unit except in compliance with this Agreement; h) continue to meet the residence and employment requirements of a Qualified Buyer established by the Town�s Community Housing Guidelines and as they are amended from time to time; and i) continue to meet the other requirements of the applicable Guidelines as they are amended from time to time, and this Agreement. Recertification of employment, residency and the ownership of other property shall be required as stipulated in the Town�s Community Housing Guidelines. The Town of Basalt has a contract with Garfield County Housing Authority to administer the Town's for-sale housing units. Current max sale price: $330,616 Resale appreciation is 3% simple interest per year or the CPI (whichever is less) The gross annual household income for 2 people maximum (category 3) is $108,259. A buyer can be employed from Aspen to Glenwood. 2. An Owner, in connection with the purchase of this Property or Unit, must: a) occupy any Unit within this Property as his or her sole place of residence during the time that such unit is owned; b) not own, directly or indirectly through a legal entity, any interest alone or in conjunction with others, in any developed property or dwelling units in accordance with the limitations established by the Community Housing Guidelines as amended from time to time; c) not engage in any business activity on or in such Unit, other than permitted in that zone district or by applicable ordinance; d) sell or otherwise transfer such Unit only in accordance with this Agreement and the Community Housing Guidelines; e) not sell or otherwise transfer such Unit for use in a trade or business; f) not encumber the property with debt in any form which exceeds, at any time, the Maximum Resale Price of the Property as determined in accordance with Paragraph 9 and 10 of this Agreement; g) not permit any use or occupancy of such Unit except in compliance with this Agreement; h) continue to meet the residence and employment requirements of a Qualified Buyer established by the Town�s Community Housing Guidelines and as they are amended from time to time; and i) continue to meet the other requirements of the applicable Guidelines as they are amended from time to time, and this Agreement. Recertification of employment, residency and the ownership of other property shall be required as stipulated in the Town�s Community Housing Guidelines.
CondoProperty Type
2006Year Built
$842Est. Price/Sq.Ft.
1 car garageParking
Listed by Wendy Lucas• Shane Aspen
Listed by Richard Duddy• Shane Aspen
Bought with Cynthia Sadlowski• Smotherman & Associates