2 Beds
2 Baths
1,067 SqFt
2 Beds
2 Baths
1,067 SqFt
Key Details
Property Type Condo
Sub Type (CC) Low Rise (3- Levels)
Listing Status Active
Purchase Type For Sale
Square Footage 1,067 sqft
Price per Sqft $56
Subdivision Parkwood On The Lakes 4Th Add
MLS Listing ID 7111328
Bedrooms 2
Half Baths 1
Three Quarter Bath 1
HOA Fees $1,732/mo
Year Built 2006
Annual Tax Amount $810
Tax Year 2025
Contingent None
Lot Size 522 Sqft
Lot Dimensions Common
Property Sub-Type (CC) Low Rise (3- Levels)
Property Description
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 Features
Enjoy 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 & library
• Fitness area & workshop
• Large outdoor deck
• On-site car wash
• Convenient laundry rooms on each level
At 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!
Location
State MN
County Isanti
Zoning Residential-Single Family
Rooms
Basement None
Dining Room Living/Dining Room
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Appliance Dishwasher, Disposal, Range, Refrigerator
Laundry Common Area
Exterior
Parking Features Assigned, Attached Garage, Asphalt, Garage Door Opener, Guest Parking, Heated Garage, Parking Lot, Paved Lot, Tuckunder Garage, Underground
Garage Spaces 1.0
Roof Type Age 8 Years or Less
Building
Lot Description Corner Lot, Tree Coverage - Medium
Story One
Foundation 1067
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories One
Structure Type Block,Frame
New Construction false
Schools
School District Cambridge-Isanti
Others
HOA Fee Include Air Conditioning,Building Exterior,Cable TV,Controlled Access,Gas,Hazard Insurance,Heating,Internet,Lawn Care,Maintenance Grounds,Professional Mgmt,Sanitation,Security System,Sewer,Shared Amenities,Snow Removal,Taxes,Water
Nearby Locations
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