The Vintage Cooperative of Ankeny is hosting an Open House Coffee on April 30, 2024 @ 9:30am. The Cooperative is located at 1250 SW Magazine Road and SW Westview Drive in Ankeny
Apartment versus Cooperative Share
It can be a struggle at an older age making a decision to what is the best solution for what likely is your final residence. Part of the struggle is determining the financial consequences of it. Here is an attempt to provide a method of evaluation.
Best State to Retire for 2023
Website BANKRATE.COM annually publishes a list of the “Best and Worst States for Retirement”. On August 16, 2023 Bankrate.com released its ranked list for year 2023. The state of Iowa came out on top.
Thinking of Downsizing
Downsizing is a lot of work. That’s why we’re offering this educational presentation to make it easy for you.
For Sale Senior Cooperative Home 115
Cedar Suite 115 is for sale. This is a 1,417 square foot home with two bedrooms and two bathrooms located on the first floor of the Vintage of Cooperative of Ankeny. The home has a large island in the kitchen and all the amenities you would expect in a kitchen. The home has a a dedicated laundry and storage area. The large patio door opens to a six foot by twelve foot Terrace. An assigned parking stall is located in the underground heated garage.
Upgrades
This Cedar Suite is loaded with upgrades. Kitchen upgrades are the following: Canned Ceiling Lighting, Under Cabinet Lighting, 36 Inch Wall Cabinets and Granite Counter Tops. The Master Bathroom has the following upgrades: Tile Flooring, Granite Counter Tops, Stainless Steel Faucets, and a Long Island, and High Bathroom Vanities. The Laundry/Storage room includes: Whirlpool Front Loading Washer and Dryer, Tile Flooring. The Open Space and Bedrooms have ceiling fans.
What’s to like about this Cedar Suite?
One of the favorite things about this Cedar Suite is the spaciousness it offers combined with excellent views to the south and west of the cooperative. You are able to view much of “The District” with its unusual night time lighting from this unit. The open concept allows for creative decorating of the unit and accommodates many furniture arrangements.
Prices and Fees
Share Price plus Appreciation: $185,239
2024 Monthly Fee: $2,065 / Upgrades $15,372
*Share price is the purchase price. Actual share price will be prorated according to Bylaws; and as of the date of closing [Article 3.10(e)]. Price above is through 06/01/2022.
**Monthly fee includes: use of common area, share of master mortgage, property taxes, reserves, internal/external maintenance, gas heat, water/sewer, satellite television, Internet service and secured heated underground parking for one vehicle.
Ten Floor Plans Available
All units have an open concept area for the kitchen, dining room and living room, which opens to a balcony or terrace. Each unit contains two bedrooms, two bathrooms, a master bedroom walk-in closet and a laundry/storage room. Some larger units may have a den. Included with every unit is an underground heated garage stall. All utilities are included in the monthly fee except for unit electricity. Direct TV and Century Link Internet are included in the monthly fee. The list of models below starts with the smallest model (1106 sq ft) and the lowest monthly fee. Click the floor plan name below to view the plan or use the header link to browse all.
- Oak 1106 Sq Ft
- Poplar 1157 Sq Ft
- Chestnut 1232 Sq Ft
- Elm 1314 Sq Ft
- Black Hickory 1350 Sq Ft
- Locust 1373 Sq Ft
- Hickory 1406 Sq Ft
- Birch 1415 Sq Ft
- Cedar 1417 Sq Ft
- Hawthorne 1423 Sq Ft
It’s never too early to make your downsizing plans. Complete the form below to record your interest in touring homes and attending a Lunch and Learn Session where homes can be toured and the concept explained.
Senior Housing Comparison Checklist
A checklist of housing features to consider when downsizing.
Hidden Factors Influence Fees and Rents
It is important to understand what the monthly fee covers and when a fee is artificially low. When fees are not commensurate with future costs it is not wise to skimp on paying an adequate monthly fee.
Coop Home Financial Advantages
For those open to buying a senior cooperative home they often ask: “Why would I take some of the equity from the sale of my home and purchase a coop home share?” It is a valid question and deserves a response.
Home Expense Calculator
A Home Expense Calculator to determine if your taxable income is adequate to cover the costs of your home expenses.