5430 Magnolia Street, Commerce City, 80022

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5430 Magnolia Street

Commerce City, 80022

SOLD

$285,000

Sold

Beds

Baths

Garage

864

Sq.Ft.

0.23

Acres

MLS# 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.

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Property Highlights

Price

$310,000

Property Type

Residential

Property Sub Type

Single Family Residence

Total Bathrooms

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

Bedrooms

Bedrooms on Main Level

Full Bathrooms

Total Bathrooms

Rooms and Basement

Basement Features

Crawl Space

Area and Spaces

Above Grade Finished Area

864

Living Area

864

Appliances

Oven, Range, Refrigerator

Heating and Cooling

Heating Features

Forced Air

Building Details

Construction

Year Built

1952

Materials

Construction Materials

Frame

Roof

Composition

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

Total Parking Spaces

Listed by Compass - Denver, felecia.montoya@compass.com, 720-324-6753.

Listing Data last updated 9th December, 2023 01:00 MST

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Property History

80 days ago

Property Listed

46 days ago

Date Sold

31 days ago

Property info last updated

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Listing Data last updated: 9th December, 2023 01:00 MST

5430 Magnolia Street - MLS#5462523 - $310,000

Sold by Compass - Denver

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