List price was $175,000
It took 7 days to go pending.
Then 107 days to close at $525,000
Dreaming of building a home and having all the leg work done? You’ve got it here with a great opportunity for a shy quarter acre lot w/ backyard buffer for privacy. Shovel ready and prepared to start construction with approved and paid for plans for a 2170 square foot home, building permit and impact fees. Non-Owner Occupant Seller financing for the lot and up to $250k construction costs under the following terms: 50% of the lot cost down payment, 12% APR w/interest reserve, Origination fee 3% for 6 month or 4% for 8 month loan term, $950 UW fee and $150 draw fee per construction draw with approval of buyer's finances. Take your pick of 3 available lots that all have sewer, power and water on site. Adjacent lots MLS 2176858 & 2176889.
Assumptions: The original sale amount reflected a normal arms length sale. Any major updates would add to the value.
Any damage or deferred maintenance would subtract from the value.
Listing details based on information submitted to the MLS GRID as of Thursday, February 29, 2024 6:36 PM.
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sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing information is provided by the listing agent except as follows: BuilderB indicates
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the name provided
by the listing broker. DevelopmentD indicates
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