1803 Honeysuckle Loop Unit 152 Driggs, ID 83422

2,512 sqft, 3 level interior unit. Unit finishes vary, none furnished, solid wood interior trim, full appliance pkg minus washer/dryer, electric heat & hot water, A/C to upper level and living room, nicely landscaped & maintained, exterior patio, upper level open deck, fully finished basement w/full bath is currently family/game room, easily convertible for add'l bedroom or bunk room, attached two car garage. Exterior is pigmented cement-stucco with 4 ft brick wainscot for no maintenance. Five 4 plex buildings, each with 2 interior and 2 end units totaling 20 units which are all surrounded by residential uses. Located N of Driggs, with easy yr-round access. Huntsman Springs Unit in very good condition. It is an interior unit, wood trim, solid wood core doors, formica counter tops. HOA assessments is $170 per month and includes all maintenance, landscaping, snow removal. The agent and seller does not guarantee or warrant condition of the property and suggests buyer investigate and confirm.

IMPORTANT DISCLOSURES, PLEASE READ:

All 20 Valley Centre Townhome units have been fully radon remediated by Radon Professionals out of Pocatello, ID. The method used was installation of radon evacuation fans in both end units of each 4 plex building which brought all unit readings below 4 pCi/L. SEE DOCUMENT TAB FOR RADON MITIGATION RESULTS

Due to the fact that the subject property is owned by the IHFA, has been subject to discounted taxation and insurance rates since 2009 to date, the following disclosures shall be a part of the Escrow Instructions agreed to by seller and buyer at time of closing of sale.

Teton County Assessor indicates she will work toward private sector assessment levels as each unit is sold to the private sector.

EXTERIOR STRUCTURE INSURANCE & MAINTENANCE

IHFA is currently acting as the HOA Manager and is paying all costs for maintenance, exterior insurance, snow removal and may continue to maintain comprehensive or partial insurance coverage, landscaping, snow removal and irrigation costs on all five 4-plex buildings until all units are sold. Purchasers shall be subject to HOA assessments for prorate share of said costs, after closing of unit sales.

The undersigned parties acknowledge that Escrowholder has not contacted the Homeowners Association related to this property, and it may not currently be active. If the Homeowners Association places a lien against the subject property, the Seller(s)/Borrower agree to pay for same in a prompt manner, protecting the interest of the new lender and/or Buyer(s).

NO REAL PROPERTY TAXES:

Buyer(s) acknowledge that the property has not been assessed as real property in the past, and Buyer(s) agree to assume all responsibility for payment of real property taxes for the current and future years, outside of escrow, after closing of sale.

PROPERTY TAX DISCLAIMER

Buyer and Seller acknowledge taxes are currently being assessed at a discounted tax rate. Future taxes after closing of sale will be assessed at the current market rate. Alliance Title & Escrow Corp. and Teton Valley Realty Management Inc will be held harmless for collection and payment of same.

HOMEOWNERS INSURANCE DISCLAIMER

Buyer and Seller Homeowners Insurance HOA policy is based on a multiple unit discounted rate and will be adjusted in the future as Valley Centre Townhome units are sold. Those changes will be reflected in the future HOA assessments, a budget for which has been established. It shall be the responsibility of IHFA to appoint a Manager for Valley Centre Townhomes, as well as establishing a organized HOA. Teton Valley Realty and Alliance Title & Escrow Corp. will be held harmless for collection of assessments and payment of HOA expenditures and costs, until IHFA appoints that responsibility to the HOA or its Manager.