GRAND OPENINGWashington Square1. Mayor Kurt L. Schmoke on...

NEW HOMES

May 15, 1994

GRAND OPENING

Washington Square

1. Mayor Kurt L. Schmoke on Thursday took part in the grand opening of Washington Square in the Washington Hill section of Baltimore.

Washington Square, under the direction of the Washington Hill Development Corp., will include 24 new two- and three-story townhomes, 13 renovated townhouses and 22 refurbished condominium units for low- to moderate-income families.

The houses will be available for below-market rates for those willing to stay for at least 10 years. Buyers will take out low-interest first mortgages of between $34,000 and $70,000, through the state's Community Development Administration, with a down payment of $2,500.

Buyers also will take out through CDA "forgiveable" second mortgages of between $11,000 and $20,000. If the owners stay in their houses for at least 10 years, these second mortgages will not have to be repaid.

Ten of the new townhomes are located at 1423-1441 E. Baltimore St. They have 1,995 square feet of finished living space on three levels, plus an unfinished basement. They have a living room, dining room, kitchen, powder room, three bedrooms and two full baths. A first mortgage would be $69,452, a second $19,330.

The other 14 new houses are at 20-34 N. Spring St. and 1403-1413 E. Fairmount St. Each is a 1,728-square-foot, two-story townhouse with three bedrooms, one full and one half bath and a basement. A first mortgage would be $66,225, a second $13,746.

The 13 renovated townhomes are in the first block of E. Eden St. The largest has 2,079 square feet of living space, the smallest 852. A first mortgage would range from $51,254 to $70,000. Second mortgages would be from $12,201 to $20,000.

Condo units are located in the 1400 block of E. Baltimore St. The largest is a 1,487-square-foot, three-bedroom unit with two full and one half bath and a first mortgage of $60,681, a second $20,000. The smallest is a one-bath, one-bedroom condo with 566 square feet. A first mortgage would be $34,674, the second $11,505.

The Washington Square sales office is located at East Baltimore and Caroline streets. It is open from 11 a.m. to 3 p.m. Saturday and Sunday.

* Builder: Struever Bros., Eccles and Rouse.

* Phone number: 433-8500.

* Developer: Washington Hill Development Corp.

* Base prices: $82,471 to $91,282.

* Style: Two- and three-level townhomes.

* Number of new homes: 24.

* Lot sizes: Not applicable.

* Square-footage: 1,718 to 1,995.

UNDER CONSTRUCTION

Bayview Estates

2. Bob Ward Homes has begun construction of the two townhome models the company is offering at The Woods At Bayview Estates in Havre de Grace in Harford County.

Both homes come with 1,160 square feet of finished living space and a starting price of $81,900.

Standard features include unfinished walkout basements with sliding glass doors, cathedral ceilings, two or three bedrooms, and gas heat and hot water.

One model has a 9-by-11-foot rear kitchen with pantry. The first floor also includes a 10-by-11-foot dining room, 15-by-12-foot living room and two coat closets. The other home has an 11-by-11-foot front kitchen. A 19-by-16-foot living/dining room, pantry and coat closet complete the first floor.

Buyers who want more space can add a 19-by-16-foot family room in the basement for $5,420 and a 16-by-10-foot loft over the master bedroom for $10,500, increasing the finished living area to 1,624 square feet.

Models of these homes are open from noon to 6 p.m. daily at the nearby community of Grace Harbour. Take I-95 North to Route 155 East (Exit 89) and go one mile to Grace Harbour on the right.

* Builder: Bob Ward Homes.

* Phone number: (410) 939-4900.

* Developer: Terra Firma Development Inc.

* Base prices: $81,900.

* Style: Three-level, English front townhomes.

* Number of homes: 62.

* Lot sizes: 20 by 100 feet or 25 by 100 feet.

* Square-footage: 1,160.

* Options: Gas fireplace ($2,850), 16-by-10-foot loft over master bedroom ($10,500), 19-by-16-foot family room in lower level ($5,420), skylight ($485), hardwood floors, powder room.

Please send notices of new models, new construction or proposed developments to: New Homes, Real Estate Section, The Sun, 501 N. Calvert St., Baltimore 21278, or fax the information to 783-2517.

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