Commerce City, CO 80022,5430 Magnolia ST
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Commerce City, CO 80022,5430 Magnolia ST
Commerce City, CO 80022,5430 Magnolia ST
Commerce City, CO 80022,5430 Magnolia ST
Commerce City, CO 80022,5430 Magnolia ST

$285,000

Est. payment /mo

$310,000

8.1%
Est.Price: ?

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5430 Magnolia ST Commerce City, CO 80022

2 Beds

1 Bath

864 SqFt

SOLD DATE : 10/24/2023

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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REColorado (REColorado MLS)
Listed by Compass - Denver • felecia.montoya@compass.com,720-324-6753
Bought with Keller Williams DTC

Jim Cavoto

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+1(720) 692-6563

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