| Developer: |
Corum Real Estate Company |
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|
| Builder: |
City West Inc.
1335 Dublin Rd. Suite 201 D
Columbus, Ohio 43215 (614)487-8424
www.corum-realestate.com
lclarke@corum-realestate.com |
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|
| Sales: |
Tarra Mangeot
Corum Real Estate Company
Cell (614)562-3657
tmangeot77@yahoo.com |
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|
| |
Larry Clarke
Corum Real Estate Company
Office (614)487-8424
lclarke@corum-realestate.com |
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|
| Development Size: |
14 units, 7 buildings 2.3 Acres what includes park benches to dot the development to provide residents a small park-like setting. |
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|
Condominium
Description: |
Currently built are 2 buildings 4 units the balance of the 5 buildings 10 units to be constructed as ordered. The exterior
includes cultured stone veneer and vinyl siding, with each
building siding trim and shutters being different in color, GAF/ELK Timberline Dimensional roof shingles and vinyl Silverlin window by Andersen. |
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|
| Prices: |
Pricing October 10, 2009 |
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|
| Building # |
Address |
Current Price |
Discount Price If closed by 11-30-2009 |
| A** Model ** |
4460 Schuster Way
|
$143,500 |
$140,500 |
| B |
4456 Schuster Way Access Friendly Floor Plan |
$145,500 |
$142,900 |
| M |
4439 Schuster Way
|
$141,900 |
$139,900 |
| N |
4443 Schuster Way
|
$141,500 |
$139,500 |
|
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|
** Model ** - Not to close until other units are sold. |
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Units listed below are built upon receipt of approved financing and a signed
Purchase
Agreement Pre-Sold Price Only |
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|
| Building# |
Address |
Price * |
| C |
4452 Schuster Way |
$139,900 |
| D |
4448 Schuster Way |
$139,900 |
| E |
4444 Schuster Way |
$139,500 |
| F |
4440 Schuster Way |
$138,500 |
| G |
4436 Schuster Way |
$138,500 |
| H |
4432 Schuster Way |
$138,500 |
| I |
4428 Schuster Way |
$138,500 |
| J |
4424 Schuster Way |
$138,900 |
| K |
4427 Schuster Way |
$139,900 |
| L |
4431 Schuster Way |
$139,900 |
|
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|
| Price* Add $2,450.00 to the above price for an access friendly floor plan. |
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|
| All prices are subject to change without notice. Information contained herein has been obtained from sources that we deem reliable. We have no reason to doubt the accuracy of this information, but we do not guarantee it. |
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|
| Ceramic Tile Entrance |
$100.00 |
| Ceramic Tile to ceiling in Master Bathroom shower with cement board backer |
$560.00 |
| Ceramic tile in Main Bath 5ft. high with cement board backer |
$425.00 |
| Painted Trim package instead of pre-finished base, casing and doors |
$450.00 |
| Knock-down ceilings |
$600.00 |
| Ceiling fans with lights in living room and both bedrooms |
$200.00 |
| Garage door opener with 2 remotes |
$350.00 |
| Fully dry-walled Garage |
$600.00 |
| TOTAL |
$3,285.00 |
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|
|
| Size: |
Approximately 1117 sq. ft. |
| |
|
| Style: |
The Gates at Schuster Place offers two one level plans including
accessible friendly unit. |
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|
| Additional Features: |
Gas Furnace and Gas fireplaces |
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Kitchen Pantry |
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Vinyl front porch railing with covered front porch
Refrigerator with ice maker, microwave, electric range,
dishwasher, washer and dryer. |
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|
| School District: |
Hamilton Township |
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|
| Fees: |
Condo Association estimates for Phase 1 (4 units) $61.00 monthly
first year and estimate of $86.00 monthly the second year. This
includes typical services including exterior building insurance
including 25% replacement reserves funds. |
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|
| Expense Projection: |
The following is our two-year projection, from the date of the filling of the Declaration, of annual expenditures necessary to operate and maintain the Common Elements of the Condominium. |
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|
| Over All Projection |
First Year |
Second Year |
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|
|
| Based Upon |
4 Units |
8 Units |
| Main Entrance Gate Maintenance |
$0 |
$100.00 |
| Grass Mowing, Edging, Weeding |
$600.00 |
$600.00 |
| Lawn Fertilization and Weed Control |
$0 |
$100.00 |
| Mulching & Maintenance |
$0 |
$200.00 |
| Flower Planting; Entrance (early spring) |
$0 |
$100.00 |
| Street & Driveway Snow Removal & Salt |
$0 |
$200.00 |
| Common Area Electricity |
$0 |
$ 80.00 |
| Street & Driveway Maintenance & Sealing |
$0 |
$200.00 |
| Fire, Hazard, Liability & Ext. Bldgs. Insurance |
$1,000.00 |
$1,000.00 |
| Trash Pickup & Misc. |
$220.00 |
$440.00 |
| Replacement Reserves |
$800.00 |
$800.00 |
| Operating Reserves |
$280.00 |
$280.00 |
| Total |
$2,900.00 |
$4,100.00 |
| Per Unit Yearly |
$725.00 |
$1,025.00 |
| Per Unit Monthly |
$ 61.00 |
$ 86.00 |
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|
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| Taxes: |
Estimated yearly tax to be $2,368.00 based on $136,000 Market
value |
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|
| Estimated |
Water & Sewer $16.00 |
| Utilities: |
Gas $56.00
Electric $56.00 |
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