Home Buying in 01886>Question Details

Pinkcanary, Home Buyer in 01886

Why are there so many units in Hildreth Hills, Westford MA available? Are there future plans for a big expenditure that buyers should beware of?

Asked by Pinkcanary, 01886 Thu Sep 16, 2010

Help the community by answering this question:


There are currently 6 units available (not counting FSBO) and it is a big complex. Had a few OH there before. There are some assessments TBD. through 2013, to repair driveways, walkways, garage roofs, replaster the pool, resurface the tennis courts, replace street lights and to the clubhouse. Some units have paid in full the roof assessments of 2003, and some are paying through 2013 as well.
Occasionally there are defaults in Association fees and the last one has been resolved recently. In the past few years only one unit has been foreclosed on through the Association lien, other than that it has been a “stable” complex. The condo fees are on the high end but so are the expenses.
Hope this helps.
0 votes Thank Flag Link Thu Sep 16, 2010
looking for contact info for Association to answer some questions. Can you help me? TV
Flag Wed Mar 5, 2014
There are only three units available for sale in Hildreth Hills in Westford MA. That is not an unusual number for a complex of over 100 units. Only three units have sold in the past year. For an average complex a 7% transition rate would not be unusual. I would say Hildreth Hills is well below that.

The condo fee is a bit on the high side. But they have also just completed some major work there. Hildreth Hills has many amenities as well as being a very well kept complex.
Web Reference: http://www.thehousewiz.com
0 votes Thank Flag Link Thu Sep 16, 2010
I'm not sure of your source, but there are only 3 units there listed in MLS (plus one in nearby Hildreth Heights.) In a complex of over 100 units, that isn't considered a lot.

But if you are interested in one of these, your agent will get the financials and meeting minutes from the association to determine if there is anything coming up. You would want to know the financial strength of any condo complex you would consider buying in.

Good luck!

Web Reference: http://homes.debn.net
0 votes Thank Flag Link Thu Sep 16, 2010
Tough economy could be the simple answer. The condo association fees are high on these units $500+ / month (because the community has lots of amenities, etc) so its not as affordable to live in these compared to other condo associations or even a single family. There is also the chance some special assessments are pending at the community which could cost the current owners $ so they are trying to get out. That said, I only see 4 units (out of 108 in the complex) for sale which isn't a lot. Good chance the condo market in westford is slow (average days on market is about 114) so things are sitting longer/listings piling up.

Here is every property for sale in Westford (including all the condo's):
Web Reference: http://territoryre.com
0 votes Thank Flag Link Thu Sep 16, 2010
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