100 S Elmwood Ave Sioux Falls SD 57104

NEW CONSTRUCTION HOME AT AN AMAZING PRICE - PROGRAM REQUIREMENTS APPLY! Don't miss this rare opportunity to own a brand-new home with an affordable path to homeownership! This attractive 1,200 sq. ft. home features a bright, open-concept floor plan, neutral finishes, and energy-efficient 2x6 stick-built construction. The home offers three bedrooms and two full bathrooms on the main level, including a private master suite with an en suite bathroom. Enjoy the convenience of main-floor laundry with a new washer and dryer included. The spacious eat-in kitchen comes equipped with stainless steel appliances and a dishwasher, making it ready for everyday living and entertaining. The property also includes an oversized detached double garage. Please note that the garage is existing and not newly constructed. Because the home is built on a crawl space and does not have a basement, you'll never have to worry about basement water issues. A large yard provides additional space for outdoor enjoyment. Financing Details: $103,400 Income Limit; Net worth limits: Age 61 or younger: less than $125,000 total net worth or $105,000 in liquid assets Age 62 or older: less than $250,000 total net worth or $140,000 in liquid assets Buyer must occupy the home as their primary residence. Financing Details: This incredible price includes a $15,000 forgivable loan from SDHDA: Purchase price: $240,000. First mortgage: $225,000. Soft second mortgage assumed at closing: $15,000, forgiven at $3,000 per year over five years. To check eligibility, contact rhea@secog.org. Interior photos are virtually staged and may depict a similar property. Actual finishes, colors, and features will be comparable but may vary from those shown. A rare opportunity to own brand-new construction, enjoy a large yard, and take advantage of a valuable homeownership assistance program. Schedule your showing today!