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Posted on: April 7, 2021

Affordable, 1-bedroom condominium available in Concord for $163,750.

Affordable, 1-bedroom condominium available in Concord for $163,750.

78 Forest Ridge Road was built in 2002 as part of the Riverbend Condominium community. Unit 103 is located on the first floor of an 18 unit brick building governed by a Condominium Association. The building has an elevator, a sprinkler system for fire protection, and a key card security system with an intercom and video monitoring.

This lovely, well-maintained unit has one bedroom and one full bath on a single level with 831 square feet of living space. The unit includes an open living room and dining room area connected to a galley kitchen by a pass through. The large master bedroom includes a walk in closet. There are hardwood floors throughout, with the exception of tile in the kitchen and bathroom. The unit has ample closet space, and there is an additional storage space designated for this unit on the lower level. There is a screened in porch right off the living area and abundant parking in the lot right outside the building.

The purchase price is $163,750. Owners are required also to pay property taxes, and the 2021 Concord tax rate is $14.72 per $1,000 of valuation or an estimated monthly amount of $201. The condominium fee is currently $138 per month, and the Condominium Association has rules and regulations for all owners that describe the operation of the condominium.

The property is being offered at a discounted rate and, as such, this and all future sales of the property will be in accordance with the guidelines in the Deed Rider that is attached to the unit. The deed restriction will protect the property in perpetuity using resale price limitations. 

 We invite you to submit an application, with the supplemental information. This application can be downloaded from the RHSO website and can be sent to you upon request.

Flyer available by clicking here

Application available by clicking here

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