8113 Highland Ave — Sold!

Description

New build for affordable home ownership. Update January, 2025 — sold 20% below market price to newest Community Land Trust owners.

Developed by the Kansas City Community Land Trust, this 3 bed /1 bath ranch with a 2-car garage is listed exclusively for qualifying Land Trust Buyers. 1100 square feet of living area with an open floor-plan, FULL basement is stubbed for an additional bathroom. This is a great opportunity for lower income buyers to get into a NEW home. Located in the Marlborough neighborhood, this home is less than 10 minutes from Ward Parkway Shopping Center, 5 minutes from Waldo shops & restaurants, 5 minutes access to 71 Highway.

COST SAVINGS:

• 10 YEAR TAX ABATEMENT means lower mortgage payments.
• All-electric home – no gas bill!
• 1-year home warranty included.
• Repair Fund – KCCLT maintains a Repair Reserve Fund to help with maintenance and unexpected repairs!

WHO QUALIFIES?

• Qualified buyers are OWNER-OCCUPANTS whose household income is 80% or less of Area Median Income (AMI), which is as follows: $57,750 (single person); $66,000 (household of 2); $74,250 (household of 3); $82,500 (household of 4); $89,100 (household of 5).
• Buyers must complete an application with KCCLT & obtain pre-approval from a CLT Lender (ask agent about zero down options w/ no PMI!).
• HUD-approved home-buyer education class required prior to closing.
• Listing agent will walk you through all the steps for your buyer to qualify; don’t hesitate to reach out!

MLS Listing