Craftsman Village Wayland

3 Village Lane,
Wayland, MA 01778
United States

Price:
$287k
Bedrooms:
2
Accessible:
No
Main Listing Image

Property Overview

Property Facts:

Property Type:
Townhouse
Condo Fee:
$284
Year Built:
2016
Est. Annual Taxes:
$3,692

The unit is a duplex and the only shared wall is the garage. It was built in 2016 with two-levels of living area, a basement and attic storage. It has approximately 1,989 square feet of living area including two (2) bedrooms and two (2) and one half (0.5) bathrooms. The first floor has a two-car garage, an open concept kitchen, dining area, family room, a study/ office with a window, a half bathroom, and a coat closet in the hall. There is a covered porch at the front of the home and a back deck off the dining area accessible via sliding doors. The second floor has both bedrooms including a primary suite with a vestibule area, walk-in closet, and an attached full bathroom. Both bedrooms have ceiling fans. The second floor also has another full bathroom, a foyer area at the top of the stairs, a laundry room, and a storage room. The home has luxury vinyl plank flooring throughout. The stairs have newly installed oak stair treads. The bathrooms have ceramic tiles on the floor and composite stone-like countertops. The kitchen has steel front appliances including a gas stove, above range microwave, fridge, and dishwasher. The kitchen counter is made of Formica. The heating system is fueled by gas and there is central air that was installed in 2019. The property is connected to the town’s water and has a community-wide septic system. There is a washer dryer hookup on the second floor. The washer and dryer are not included in the sale but can be purchased separately from the owner. There is additional personal property that may be available for purchase at the time of sale. There are also some items that will be excluded from the sale listed on page 1 of the application document. 

Property Details

Unit Details

Basement:
Yes
Additional space:
Attic
Appliances:
Dishwasher
Microwave
Refrigerator
Stove/Oven
Listing Garage Parking
Garage Parking:
Yes, there are 2 available spaces.
Heating type:
Gas
Air Conditioning:
Yes
Flooring Types:
The home has luxury vinyl plank flooring throughout. The stairs have newly installed oak stair treads. The bathrooms have ceramic tiles on the floor.
Pets allowed:
Yes

Eligibility Information

Income limits:
One-person household: $92,650 Two-person household: $105,850 Three-person household: $119,100 Four-person household: $132,300 Five-person household: $142,900 Six-person household: $153,500 Seven-person household: $164,100
Asset limits:
$75,000
Must be first time homebuyer:
Yes
Age Restrictions:
No restriction

Application Information

Application Type:
Lottery
Application Deadline:
May 27, 2025
 
Application Process:

Due to the nature of the affordable units’ availability, it is important for everyone to understand the procedure. Also be advised that the program and its requirements are subject to changes in local, state or federal regulations.
1. Applications will be accepted until May 27, 2025_at 5pm, after which time, if there are multiple qualified respondents, a lottery drawing will be held. The lottery drawing consists of a blind selection, from a randomizer with individual entries bearing applicant identification numbers. The order in which your number is drawn determines your ranking. If the unit has more than one-bedroom, the drawing order will be adjusted for an appropriate sized household after the lottery drawing.
2. Information provided in this Application will be treated as confidential.
3. Applications will be accepted from May 13, 2025-May 27, 2025 at 5pm, or until such time as the unit has an accepted offer to an affordable household.
4. You must fill out the application document completely and provide it along with a pre-approval letter from a qualified lender to LDS Consulting Group, LLC. If you would like to upload your application safely and securely online, LDS will be happy to send you a link.
If you are mailing your application the application needs to be in LDS’s Office on or before the date of the application period closing at 5:00 PM. We strongly suggest you send your application either certified mail or priority with a tracking number. You will be able to track the package as it is taking longer for mail to be received. Mailed applications, received after the application period deadline will not be included in the lottery.
5. If unsigned, or incomplete, your application will be rejected.
6. If you have intentionally falsified information, your application will be rejected.
7. Your household can only file one application, and no household member can appear on more than one application.
8. Once an application has been submitted, it cannot be edited or changed.
9. Applications will be reviewed as quickly as possible in the order in which they were received after the application deadline. You will be notified by e-mail of receipt of your application, - and your eligibility for the lottery. All applicants will be given a 48 hour appeal period if they think the finding is in error.
10. After you submit your application to LDS: Please begin collecting all documents on the Application Checklist below. Please have all documents ready by the date of the application deadline, located on the first page of the application.
11. If you are the first randomly selected applicant, you will be contacted and required to submit all applicable documents on the Application Checklist within 24 hours.
a. If all income and asset documents are received and you are eligible, you will be provided with the first opportunity to move forward with purchase. Other applications will be maintained on a waiting list.

b. If a selected applicant does not submit all the required income and asset verification documents within 24 hours of being notified, LDS will move on to the next applicant in line from the lottery. There will be no extensions, so please have all documents ready.
12. The submission of all necessary application material does not guarantee your approval for a home.
13. Questions can be sent to: info@ldsconsultinggroup.com or contact 781-943-3963
14. Once a winner is chosen and approved, LDS will arrange a viewing of the unit and prepare an offer form. A $500 deposit will be collected at offer and $1,000 at the Purchase and Sale agreement. The deposit will be credited to the buyer at closing.
We are available by phone or at the office to answer any questions.

Monitoring/Lottery Agent or Property Manager
LDS Consulting Group, LLC
Contact
Lynne Sweet or Elizabeth Chaput