$285,000
$310,000
8.1%For more information regarding the value of a property, please contact us for a free consultation.
5430 Magnolia ST Commerce City, CO 80022
2 Beds
1 Bath
864 SqFt
Key Details
Sold Price $285,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 864 sqft
Price per Sqft $329
Subdivision Value Subdivision
MLS Listing ID 5462523
Sold Date 10/24/23
Bedrooms 2
Full Baths 1
HOA Y/N No
Abv Grd Liv Area 864
Originating Board recolorado
Year Built 1952
Annual Tax Amount $1,090
Tax Year 2022
Lot Size 10,018 Sqft
Acres 0.23
Property Description
GREAT OPPORTUNITY! PLEASE READ ALL REMARKS as there are two options available for how this property will be sold. OPTION 1) This property can be purchased by a FHA or Conventional buyer with a 203k renovation loan ONLY. Don’t let the current condition of the property fool you. An inspection by a Hud Certified Consultant is available in supplements with an estimated breakdown of MINIMUM costs to help you discover how easy it is to breathe new life into this property by financing the repairs and upgrades into the loan. Call me to find out more. Buyer must use a lender who has verifiable experience with 203k loans, (Mike Sherer with Fairway is our preference) AND have a licensed and insured GC ready to take on this project who is familiar with 203k renos. OPTION 2) CASH ONLY DEAL, please reference the inspection report in supplements for an idea of on the minimums of what need to be done. IMPORTANT TO NOTE that seller has zero capacity to remove anything from the property and has zero dollars to hire anyone else to remove anything. The property is being sold AS IS with all contents currently on and in the property with the exception of two vehicles that will be clearly identified in the official purchase contract. AMPLE time will be provided for any upfront due diligence that needs to be done on this property prior to accepting an offer. Enter property at your own risk, Seller assumes ZERO responsibility for injury. Back yard and garage are walking hazard so come prepared, take a close look at the aerial photos before showing. Property offers a central location with easy access to highway, shopping and entertainment. Don't miss the opportunity to renovate this home and build the equity.
Location
State CO
County Adams
Rooms
Basement Crawl Space
Main Level Bedrooms 2
Interior
Heating Forced Air
Cooling None
Fireplace N
Appliance Oven, Range, Refrigerator
Exterior
Garage Spaces 3.0
Roof Type Composition
Total Parking Spaces 3
Garage No
Building
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Frame
Schools
Elementary Schools Rose Hill
Middle Schools Kearney
High Schools Adams City
School District Adams 14
Others
Senior Community No
Ownership Individual
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Keller Williams DTC