$450,000
Totally Destroyed FIXER home CASH /REHAB loan offers only, Literally a Race to beat the Foreclosure auction. 2450 sqft, Mid Century Modern style w/ soaring cathedral ceilings 16 feet high open boxbeams, Space for 25' long kitchen area w island, Should be 3+ beds, 1.75+ baths, demolition inside is stripped to studs in places some existing drywall, at least the yard is highly desirable with so much potential, Lots of mature trees and privacy with a 2 car detached garage converted to office space about 400sqft , 1.1+ oversized jumbo acre, courtyard, existing fruit trees. Lot is 160 wide and 300 feet long. Current septic is failed and lower bath has positive slope that needs to be corrected or removed. Golden opportunity to flip your own home or scrape and build a mansion on this prime area. Still time to pick remodel floor plan, upgrades, appliances from scratch in a 203K FHA rehabilitation loan limit up to $1,063,750 allows "AS IS" purchase and you can make anything possible here at the finish line you create with 12 month to get permits and all the work you can dream of, Keep in mind with about $50,000 this is possible as down payment is 3.5% of purchase price and construction loan amount on FHA 203k rehab loans. Home comes with hostile renters and eviction will be required. ShortSale from lender required: 2-10 months is average review time, no Pre approved Shartsale list price has been calculated. $450k asking price is estimate of 2 shell buildings, land, Utility value.
3
Beds
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2
Baths
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2569841
MLS
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CONTINGENT
Status
11815 SE 282nd Street, Auburn
Listing Broker: Michael J Real Estate LLC; Michael J Jerabek; 206-200-1234; brokermichaelj@yahoo.com
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