Welcome
This home had $75,000 worth of remodel work done in 2022 and 2023. The kitchen and dining areas were torn out and completely rebuilt from the studs out. Both bathrooms were remodeled. We can't wait to show you an updated home while still maintaining the Arden Arcade location and charm!
- Hardwood floors throughout this home
- Well lit, very open floorplan now
- Huge back yard large enough to add a pool if desired. ADU? Check it out!
- Brand new 12 foot X 18 foot redwood deck built on the side of this home
- New concrete poured to make a new 14 foot X 23 foot rear patio
- OPEN DOOR has offered us $547,300 cash price (April, 2024) so there is built in equity at this price of $535,000!
Completely Remodeled Kitchen (2022/2023)
1/3
Huge back yard with large patio, new redwood deck along with new metal shed mounted on a concrete pad.
INVESTORS ONLY: Owner Financing Terms
Owner will carry with a 20% down payment:
$545,000 - $109,000 = $436,000 @ 4.99% fixed rate = $2,338 principal & interest. Taxes & Insurance will be approx. $581 for a total payment of approx. $2,859
O R
Assume a 3% rate on a FHA loan
$545,000 - $419,000 (balance of loan) = $126,000 down payment (approx. 23% down). Existing loan payment is $2,186 not including property taxes or fire insurance.
How to Qualify:
For the "owner carry" option, buyers must have acceptable credit. Income, debt and credit will all be verified and reviewed on a case by case basis. No formal bank qualifying required. No points charged!
For the "assumption" option, the closing costs are minimal but you must formally qualify with the bank to assume this note.
Buyer and seller will split escrow and title insurance fees.
- ZERO POINTS!!
- BELOW MARKET RATE!!
Property is currently leased until June 1, 2025
Rent is $2,700/month. Current lease to be honored. Very good tenants.
- DO NOT DISTURB!
- Property Inspection to be AFTER agreed to sales contract.
- One party listings given with acceptable offer.
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