✌️Take Over this 3% Interest Rate

Tuolumne County, Sonora, CA, 95370
Sold
Listed at: February 7th, 2024
Price
$20,000
ARV
$375,000
Gross Margin
$355,000
Sq. Footage
1714
Type
Detached
Parking
Attached Garage
Year build
1977
Lot size
0.24 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

✌️SUBTO DEAL

16520 Creekside Dr, Sonora, CA 95370




ENTRY FEE: $20000 + CC

Total Purchase Price: $311,200



🏡 PROPERTY DETAILS:

  • 3 beds | 2 baths
  • 1714 sq ft
  • 1/4 Acre lot
  • No rental restrictions
  • No HOA
  • 3000 ft elevation (occasional snow)
  • ARV $310,000-$325,000
  • Site built home on owned land

💰 FINANCIAL DETAILS:

  • Mortgage balance: $267,700
  • Partial Claim Balance (silent 2nd) $28,500
  • PITI $1650
  • Rent Comps $1700-2200
  • Rate: 3%
  • Entry fee: $20000 + CC and Transaction Coordinator fee
  • No Balloon
  • Entry fee includes $6500 arrears, cash to seller and assignment

💰 DETAILS:

  • Needs paint, floors, sheetrock and texture work.
  • Current Photos
  • Current Videos
  • Granite counters, tile backsplash
  • Tile master shower with jetted tub
  • New Pellet Stove

Long Term Rent Comps Rate:1700-2200/mo ✅

No Rental Restrictions! STR Allowed! ✅

No balloon! ✅


 Contact Marquis for more Details (209) 454-1117 


BUYERS ARE REQUESTED TO DO THEIR OWN DILIGENCE ON THIS PROPERTY. YOU MUST VERIFY ALL INFORMATION PROVIDED INDEPENDENTLY.

● Buyer pays ALL closing costs

NOTE: YOU ARE STRICTLY PROHIBITED FROM CONTACTING OUR SELLER.
Make an Offer: Submit your offer and information at the top of this screen by clicking "Make an Offer".
Contract: A contract will be delivered electronically once an agreement has been made and must be executed by Final Buyer within 24 hours. Once the contract is signed, we will introduce you to a third party Title Company we use who will help facilitate the closing process.
Earnest Money Deposit (EMD) must be wired to the Title Company within 1 day of Contract signing.
Closing Costs: End Buyer will pay all closing costs and will be outlined on the final settlement statement of the deal. 


**Purchasers are responsible for conducting their own due diligence. *The seller of this property holds ownership or a vested contractual interest in the properties being marketed. *In determining details such as lot size, square footage, number of bathrooms, bedrooms, total rooms, zoning, allowed and disallowed uses, construction materials, parking availability, year of construction, and other relevant data about the property's physical improvements and land area, the seller has solely depended on information from the MLS, County Assessor's office, and Property Tax office. The buyer recognizes and agrees that the seller provides no guarantees or representations of any sort regarding the actual condition present within or surrounding the property. The buyer acknowledges having conducted their own investigation into these matters and is purchasing the property based on their own findings. The buyer explicitly understands and agrees to purchase the property in its "as is, where is" condition. Motherlode Home Buyers, LLC, doing business as Golden State Cash Offers.

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Marquis Lutge

No reviews

Disposition manager