Start of property details
5430 Magnolia Street
Commerce City, 80022
SOLD
$285,000
Sold
2
Beds1
Baths3
Garage864
Sq.Ft.0.23
AcresMLS# 5462523
Property Details
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. Dont 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.
Property Highlights
Price
$310,000
Property Type
Residential
Property Sub Type
Single Family Residence
Total Bathrooms
1
Year Built
1952
Acres
0.23
Location
County
Adams
Subdivision
Value Subdivision
Property Details
Condition
Fixer
Price
$310,000
Property Sub Type
Single Family Residence
Property Type
Residential
Building
Levels
One
Structure Type
House
Total Area
864
Community
Local Schools
Elementary School
Rose Hill
High School
Adams City
Middle School
Kearney
School District
Adams 14
Interior Features
Bedrooms and Bathrooms
Bathrooms on Main Level
1
Bedrooms
2
Bedrooms on Main Level
2
Full Bathrooms
1
Total Bathrooms
1
Rooms and Basement
Basement Features
Crawl Space
Area and Spaces
Above Grade Finished Area
864
Living Area
864
Appliances
Appliances
Oven, Range, Refrigerator
Heating and Cooling
Heating Features
Forced Air
Building Details
Construction
Year Built
1952
Materials
Construction Materials
Frame
Roof
Composition
Terms
Terms
Contingency
None Known
Exclusions
2 vehicles to be specifically outlined in purchase contract if not removed before closing. Call agent for details.
Financing Options
Private
Ownership
Individual
Special Conditions
None
Special Terms
Cash, Conventional, FHA
Taxes
Tax
Tax (Annual)
$1,090
Heating, Cooling & Utilities
Cooling Features
None
Utilities
Sewer
Public Sewer
Water Source
Public
Lot
Acres
0.23
Lot Size
9,900
Lot Size Area Sq Ft
9,900
Parking
Garage Capacity
3
Total Parking Spaces
3
Listed by Compass - Denver, felecia.montoya@compass.com, 720-324-6753.
Listing Data last updated 2nd December, 2023 07:00 MST
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Property History
73 days ago
Property Listed
39 days ago
Date Sold
24 days ago
Property info last updated
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Listing Data last updated: 2nd December, 2023 07:00 MST
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Sold by Compass - Denver
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