Welcome to the Locals Only Purchase Opportunity of 225 Pinewood Ln C16, Parkside Village, Ketchum, ID 83340.

The City of Ketchum is offering this unit to qualified applicants on the Blaine County Housing Authority waitlist. The unit will be restricted with a recorded deed covenant and associated program mortgage at closing. The restriction limits ownership of the unit to Category Local (“L”) households. See the BCHA Community Housing Guidelines for requirements and qualifications. There is no income cap.

The City is offering the unit for $420,000. Additionally, at the time of transaction, the City will provide $30,000 to the Blaine County Housing Authority as a dedicated fund for HOA special assessments/capital assessments for the unit. Funds will be held by BCHA and disbursed to the HOA when needed for future assessments.

Here are the important property information, documents, and disclosures that you need to read and understand:

Details

Purchase Price: $420,000 (Seller will put $30,000 in an account in the name of BCHA to be used to pay HOA capital assessments levied for the roof)
2 bedrooms, 2 bathrooms, 2 levels (downstairs bedroom has with enclosed private patio, upstairs bedroom has a private deck)
Total 960 SF: Ground Floor 624 SF, Upper Floor 336 SF
Year Built: 1975, Electric Baseboard heat, Stackable Washer/Dryer Closet on main floor
No garage/carport, unassigned parking.
Dues: $400/month (Capital Reserve Dues $100; HOA Dues $300)
Association Fee Includes: Insurance; Maintenance Grounds; Maintenance Structure; Sewer; Snow Removal; Trash; Water
Legal Description 225 Pinewood Ln C16
Parcel Number: RPK086001600C0
Not in a flood zone, avalanche zone, or mountain overlay
General Residential-High Density District (GR-H).

Directions

Directions: Warm Springs Rd across from the YMCA, go left on Parkway Drive, left on Pinewood Lane, right at the first cul de sac. This unit is at the end of the private road.
Google Pin: https://maps.app.goo.gl/RQtdEQjvbngT4cM88