SEPT. 19TH 2024 100 LUCKY DR. #102 1 BD/ 1 BTH CONDO $245,500
Sale Price: $245,500
An inviting 681 square foot, one-bedroom/one-bathroom Below Market Rate (BMR) Condo in the Shores Complex has become available to households with income up to 80% of the Area Median Income (AMI). This wonderfully located unit features parking, a private patio, in-unit laundry, a cozy kitchen and living room with expansive views, and easy access pathways to dining, shopping, and more. HOA dues are $572.50/month.
Marin Housing’s BMR Homeownership Program offers low to moderate income, first-time homebuyers the opportunity to purchase one of 325 BMR homes throughout Marin County at prices that are substantially below the market value. Resale Restrictions are recorded on title to ensure the property’s continued affordability and stipulate the requirements of BMR ownership.
When a BMR becomes available, a lottery is drawn from among names of eligible households who’ve applied and are actively enrolled in the BMR Lottery Pool the day prior to the drawing.
The lottery drawing is for this BMR is scheduled for Sept. 19th, 2024, and the top 10 winners will be promptly notified and asked to provide a mortgage preapproval letter at that time.
| Household Size | 80% AMI |
|---|---|
| 1 | $104,500 |
| 2 | $119,400 |
| 3 | $134,350 |
| 4 | $149,300 |
EMAIL MARIN HOUSING STAFF OR VISIT OUR WEBSITE FOR INFO BMR@MARINHOUSING.ORG
