Property Description

New Construction Townhomes in Prime Midvale Location! Don't miss this opportunity to own one of five brand-new townhomes in the heart of Midvale. Conveniently located just minutes from I-15 freeway access, these thoughtfully designed homes offer easy commuting and close proximity to shopping, dining, and local amenities. Each townhouse features modern finishes, open-concept living spaces, and quality construction throughout. Property includes fenced dog park, shared (rentable vegetable boxes), pickleball and basketball courts. Ideal for owner-occupants or investors, these low-maintenance homes combine comfort, style, and convenience in a growing area. Multiple units available-schedule your showing today and secure your spot in this exciting new community! Below are two examples of how a seller-paid temporary rate buydown could look on the condo listings. I wanted to provide a simple snapshot showing how this incentive can help reduce the buyer's monthly payment and make the units more attractive to potential buyers. Example #1 Standard Unit Purchase Price: $530,000 Down Payment: 5% (Conventional Loan) Loan Amount: $503,500 Loan Type: 30-Year Fixed With a seller-paid temporary buydown, the buyer's starting rate in Year 1 would be approximately 4.25%, resulting in an estimated monthly payment of about $3,075.73 including principal, interest, taxes, insurance, and HOA. Example #2 Larger Unit Purchase Price: $560,000 Down Payment: 5% (Conventional Loan) Loan Amount: $532,000 Loan Type: 30-Year Fixed Using the same seller-paid buydown structure, the buyer's starting rate in Year 1 would also be approximately 4.25%, resulting in an estimated monthly payment of about $3,182.29 including principal, interest, taxes, insurance, and HOA. I used a conventional loan with 5% down since that's where many buyers tend to land, although conventional options can go as low as 3% down. I didn't assume FHA financing in these examples since I'm not sure if the condos are FHA approved yet, but we could structure similar scenarios if that becomes an option. This type of incentive can make a meaningful difference for payment-sensitive buyers and can help expand the pool of qualified purchasers while helping the builder move the remaining units more quickly. The seller is willing to contribute up to 3% toward buyer incentives, with approximately 2% used for the temporary rate buydown and the remaining 1% applied toward the buyer's closing costs.

Property Features

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