Jacobs Pond Estates

7 Assinippi Avenue, Unit 112,
Norwell, MA 02061
United States

Price:
$169k
Bedrooms:
2
Accessible:
Yes
Main Listing Image

Property Overview

Property Facts:

Property Type:
Condominium Building
Condo Fee:
$319
Year Built:
2000
Est. Annual Taxes:
$1,873

The development was completed in 2000 and consists of 45 total condominium housing units. The development includes 11 affordable dwellings for qualifying applicants with incomes at or below 80% of the area median income. All units have been built and sold. The development consists of one building. Access to the development is from Jacobs Pond Road in Norwell, MA close to Routes 53 and 123. Local schools, shopping, places of employment and other amenities are all within a short distance. The unit for sale is on the first floor of a three-story elevator building. The building is served by public water and private sewer. One pet per unit is permitted at Jacobs Pond Estates.
The unit for sale was built in 2000 and is approximately 1,135 square feet with 2 bedrooms, 2 bathrooms, and is on the first floor in a garden style building with an elevator. The unit features a primary bedroom with private en suite full bath, a living/dining room, kitchen, in-unit laundry, a second bedroom, and second full bath. There are pond views from both bedrooms. The unit features a galley kitchen with white appliances including a stove and refrigerator that were replaced 2 years ago. The unit has carpet in the bedrooms, hardwood floors in the living room, and vinyl tile floors in the bathroom and kitchen. The unit has a balcony, storage unit in the basement, and parking spot #25. The unit also has central heat which was replaced in 2018 and A/C that was updated recently, and a laundry room with a washer and dryer. The stove, dishwasher, microwave, and washer/dryer will be included in the sale of the unit. There is a storage unit in the basement.

Property Details

Unit Details

Basement:
No
Additional space:
Storage unit/space
Appliances:
Dishwasher
Microwave
Refrigerator
Stove/Oven
Washer/Dryer
Listing Garage Parking
Garage Parking:
There is no garage parking.
Off Street Parking:
Yes, there is 1 available space.
Heating type:
Gas
Air Conditioning:
Yes
Flooring Types:
The unit has carpet in the bedrooms, hardwood floors in the living room, and vinyl tile floors in the bathroom and kitchen.
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
Asset limits:
$275,000
Must be first time homebuyer:
No
Age Restrictions:
62+

Application Information

Application Type:
Lottery
Application Deadline:
July 01, 2025
 
Application Process:
  1. Applications will be accepted until July 1, 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 June 17, 2025 to July 1, 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. No additional documentation will be accepted after the lottery application period closes.
  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.
Application Documents:
Monitoring/Lottery Agent or Property Manager
LDS Consulting Group, LLC
Contact
Lynne Sweet or Elizabeth Chaput