Anthem Country Club Community Association (ACCCA) will add a fee to the sale of all homes in the club starting with those that close escrow on or after Oct. 1, 2018. The new HOA-imposed fee, a quarter-percent of the sales price, will come atop an existing fee of the same amount applied to the sale of all homes in Anthem by the Anthem Community Council (ACC), the town’s umbrella governing body.
On a $300,000 home, the fees would be $750 each as assessed by ACCCA and ACC, for a total of $1,500.
“While the CCRs state that these charges apply to the seller, we typically see them negotiated into the sales contract,” said Dennis Jones, owner of the Anthem-based real estate firm D.L. Jones & Associates.
The ACCCA collections will be put in a reserve fund, the HOA said in an email to homeowners last week. “These fees will contribute to the target reserve funding percentage of 75 percent over the next five years, which is necessary to assist in meeting anticipated expenditures for future road work, as projected by the 2017 Reserve Study.”
Country Club’s roads are maintained by ACCCA, not by the county.
“Homeowners in most private communities pay assessments to have their roads maintained,” Jones pointed out.
“My opinion is it will have little or no impact on sales, prices or days on market,” said Doreen Drew, a realtor with United Real Estate Success’ Anthem office. “Homeowners are accustomed to currently paying the community enhancement fee of 0.25 percent. I believe this additional fee will become a negotiable item.”
The ACC’s community-wide home-sale fee goes into a fund earmarked for enhancements that benefit the community, not for operating costs or reserve funds. The enhancement fund was used to build Opportunity Way Park, to fund part of the recent Community Center remodel, and will be used to build pickleball courts and a dog park.