Here's a bank-owned home I ran across a few days ago in Challenger Park Estates, near Lincoln Ave. and Jordan Rd. Built in 2002, this home has 3,003 sq ft plus a full 1,400 sq foot basement, 4 bedrooms, 4 bathrooms, a gorgeous fully-loaded kitchen and a huge master bedroom with a gas log fireplace. All this for less than $99/square foot (the average in this neighborhood is in the $120-140/sq foot range). Comps for this home show it should sell in the $350-370,000 range, but its a bank-owned property and it could use new carpet/paint. However, I've seen a lot of bank-owned homes and this one is in great shape compared to most.
How much, you ask? $299,000! This is a steal and sure to sell fast.
As our population continues to age, Douglas County is getting some help in addressing the need for quality retirement living with the opening of the Lincoln Meadows Senior Living development scheduled to open in June 2009. Located near Lincoln Ave. and Oswego St., the new community will contain apartment homes for 200 people over the age of 55. They are currently accepting applications for occupancy where residents pay month-to-month for amenitites like restaurant-style dining, transportation, housekeeping services and recreational activities.
Two more retirement communities have also been proposed for the Parker area but on a much larger scale. One of the proposals is a 5,500-home development which, if approved, could be ready for occupancy as early as Summer 2010.
Just another reason why living in Parker is great for folks of all ages!
Above is a short video of the new skate park in Parker, Railbender Park, which opened on November 1. It's near Twenty Mile Rd. and Plaza Dr. (about a mile from my home) and can also be accessed by the Cherry Creek Trail. The majority of the new 5-acre facility is taken up by the skate park which is over 35,000 square feet and has all sorts of bowls, rails, ramps and obstacles, something for everyone. The town of Parker also built 6 new tennis courts adjacent to the skate park plus a nice little playground. New outdoor lighting keeps it all lit up until 10pm every night.
I took my 6-year old boy there to check it out and he had a blast. He rides a scooter but after watching some of the bigger kids at the park he wants a skateboard for Christmas. The majority of the kids were riding skateboards but there were plenty of smaller kids riding scooters, some BMX riders, and just a few rollerbladers.
I gotta admit I was a bit hesitant to take my son there because I wasn't sure how tolerant the bigger kids would be with the little guys, but I was pleasantly surprised at how they all enjoyed the park together. It seemed to me that the bigger kids were quite tolerant and kept an eye out for the little folks by steering clear of them and giving them plenty of space. I was impressed with how they would take turns and let the little kids pass before the big kids would take off. Heck, even my 6-year old was riding his little scooter through the 'big bowl' area without incident. Certainly a nice thing to see.
Unfortunately, teenagers will be teenagers and as I looked around the area it seemed like some of them treat the park like they do their bedrooms. Lots of trash lying around like energy drink cans and candy wrappers. I hope the town of Parker can keep tabs on this. I'd hate to see them abuse such a nice new facility.
But all in all, this is a great addition to Parker and the town should be commended for building such an impressive and fun area for kids to enjoy.
The town of Parker recently announced efforts to make housing more affordable for residents by partnering with the Colorado Housing Finance Authority (CHFA). With CHFA's help they will issue nearly $1.7 million in private activity bonds to finance affortable home mortgages for Parker's low and moderate-income homebuyers.
The partnership between Parker and CHFA will increase the amount of financial resources currently available to Parker residents. Last year CHFA utilized its own resources to close more than $6.5 million in affordable home mortgages helping 37 families to become homeowners in Parker. The additional $1.7 million will help CHFA broaden outreach in Parker meaning even more residents will be able to access affordable mortgage products. CHFA home loans offer borrowers 30 or 40-year fixed interest rates as well as down payment and closing cost assistance. CHFA attributes its success to its safe lending products, homebuyer education and borrower access to in-state customer support.
For more information on how you might be able to take advantage of CHFA's products, just email me or give me a call.
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