2155 6th Lane SE 206,Cambridge, MN 55008
Cambridge, MN 55008
Description
Welcome to East Terrace Cooperative,a Hidden Gem in Cambridge, MN.Nestled in a lovely residential neighborhood, East Terrace Cooperative is a premier 55+ community just minutes away from excellent shopping, dining, and recreation. Here, you can truly enjoy maintenance-free living at its finest! When you purchase a share in this cooperative, your investment grows while you enjoy lower monthly costs through shared services.How it works: You are purchasing the equity paid by the seller and assuming a portion of the building’s master mortgage allocated to your specific unit.Simple qualification: Once financially qualified, you assume your share of the master mortgage, making the transition seamless.What’s Included?Your monthly member fee of $1,732.00 takes the guesswork out of budgeting. It is an all-inclusive fee that covers:Financials: Your portion of the master mortgage (principal, interest, and mortgage insurance), property taxes, and master building insurance.Utilities: Heat, water, sewer, trash removal, internet, cable, phone, and common area electricity/AC.Maintenance & Management: Professional management, standard replacements, and all repairs/maintenance for both your unit and common areas (including appliances and fixtures). Member Responsibility: Members are only responsible for their personal unit electricity and an HO6 insurance policy.Home & Community FeaturesEnjoy a spacious, one-level layout boasting 1,067 square feet of comfortable living space with recent modern updates.Beyond your front door, you’ll have access to fantastic, shared amenities:Community room & libraryFitness area & workshopLarge outdoor deckOn-site car washConvenient laundry rooms on each levelAt East Terrace, you aren't just buying a share in a cooperative; you're joining a community. You even have the opportunity to join a committee and have a direct voice in the cooperative's operations!
Details
| MLS # | 7111328 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| HOA Dues | $1,732 |
| Sub-Type | Resale |
| Status | Active |
| Year | 2006 |
| Days On Site | 38 |
| Listing Provided By | Ebenezer Manage Services | Patricia M. Carty-Heffner |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,067 |
| Garage | 1 |
| Story(s) | 1 |
| Zoning | Residential-Single Family |
| Acreage | 0.01 |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Forced Air |
| Appliances | Dishwasher, Disposal, Range, Refrigerator |
Exterior
| Roof | Age 8 Years or Less |
|---|---|
| Construction Materials | Block, Frame |
| Lot Features | Corner Lot, Tree Coverage - Medium |
Parking
| Parking Features | Assigned, Attached Garage, Asphalt, Garage Door Opener, Guest Parking, Heated Garage, Parking Lot, Paved Lot, Tuckunder Garage, Underground |
|---|
Taxes
| Property | 810 |
|---|
Area Information
| State | MN |
|---|---|
| County | Isanti |
| City | Cambridge |
| Zip Code | 55008 |
| Community Name | Parkwood On The Lakes 4th Add |
| School District | 911 |
| High School | Cambridge-Isanti |
| Listing VS Median (in Parkwood On The Lakes 4th Add) | |
Price: $59,999 low | high Med: $59,999 sqft: 1,067 low | high Med: 1,067 $ / sqft: $56 low | high Med: $56 On site: 38 low | high Med: 38 | |
Market Activity 55008
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Listings courtesy of Northstar MLS as distributed by MLS GRID.
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Learn More About This Property
| State | MN |
|---|---|
| County | Isanti |
| City | Cambridge |
| Zip Code | 55008 |
| Community Name | Parkwood On The Lakes 4th Add |
| School District | 911 |
| High School | Cambridge-Isanti |
| Listing VS Median (in Parkwood On The Lakes 4th Add) | |
Price: $59,999 low | high Med: $59,999 sqft: 1,067 low | high Med: 1,067 $ / sqft: $56 low | high Med: $56 On site: 38 low | high Med: 38 | |