Concord - Lalli Woods

Concord - Lalli Woods

Development profile

Development Location Information: 

1245 Elm Street
01742 Concord

Development Photo: 

Property Manager / Lottery Agent Name: 

Lara Plaskon

Email Address: 

Site Phone: 

9782871092

Mobile Phone: 

Fax: 

TTY Phone: 

Development Description: 

Lalli Woods Condominiums, located in Concord, MA, is a residential development complex consisting of 8 condominium units of housing, 6 of which are deed restricted and affordable to low and moderate income households.

This affordable 2-bedroom, 1.5 bath unit is 6 years old and contains 1,500 square feet of living space on two levels. The unit is well designed with living room, dining area and kitchen, and half bath on the first floor, and the bedrooms and full bath on the second floor. Features include hardwood floors, granite countertops, and quality fixtures. The unit has a dedicated parking spot, and room for a visitor spot. The unit also has a basement and deck.

The purchase price is $156,096. Owners are also required to pay property taxes, and the 2017 Concord tax rate is $14.07 per $1,000 of valuation or an estimated monthly amount of $183. The condominium fee is estimated at $200 per month. The Condominium Association has rules and regulations for all owners that describe the operation of the condominium.

This property is part of the Massachusetts Local Initiative Program, and offered at a discounted rate. As such, this and all future sales of the property will be in accordance with those guidelines and Deed Rider to the unit. This property will be sold below the market price with deed restrictions which protect the property in perpetuity using resale price limitations.

Rental or Ownership: 

Includes ownership units

Other Lease Terms: 

Resale Flag: 

Yes

Income guide: 

The current 2016 income limits are: 1 person household - $51,150; 2 person household- $58,450; 3 person household - $65,750; 4 person household - $73,050; 5 person household- $78,900; 6 person household - $84,750.

Asset Guide: 

$75,000 asset limit

Last Renewal Date: 

Wednesday, March 29, 2017

This development includes utilities in the cost of housing: 

This development has services attached: 

Accesibility Features: 

Near hospital or medical center.

Is a referral from a service provider needed?: 

No

Application Type (If Applicable): 

Lottery

Application Process: 

Application Deadline: 

Monday, April 10, 2017

Application Download: 

This application is accessible to screen readers: 

Brochure Download: 

This brochure is accessible to screen readers: