1340 Avenida Rincon , #301

Description

Now with significant incentives to a buyer and in one of the most tranquil locations within the Zocalo community, this second-floor, three-bedroom, two-bath condominium is designed by Mexican architect Ricardo Legoretta. It showcases his angular, colorful flair, with a contemporary twist on Spanish themes. This unit offers bamboo floors, sleek wall finishes, and is in pristine condition. With views toward the western mountains, it overlooks Zocalo's 'private' arroyo, the perfect open space for dog walks or impromptu talks with neighbors. The area is crisscrossed with trails and up the hill, connects to the city's La Tierra trail system. See the video for a sample of that! The first concession to a buyer: 1) With acceptance of a $669,000 contract and closing before 12/31, the seller offers a 2-1 mortgage-rate buydown on an 80% loan of up to $535,200.00. At a hypothetical rate of 6.75%, this could save a buyer about $679 per month in year one and $348 per month in year two and is worth about $12,330. (These calculations were performed by a local lender, and double-checked and verified by the listing agent. Different rates and loan amounts produce different dollar amounts.) To be arranged prior to closing with buyer's lender prior to closing. The second concession: 2) Also with acceptance of a $669,000 contract and closing before 12/31, the seller will credit the buyer 50% of year-one HOA dues, or a total of $4,494. Note that some furnishings shown in photos may be available for purchase separately.