New price Reduction Great home in Stanwood!

Snohomish County, Stanwood, WA, 98292
Sold
Listed at: November 16th, 2021
Price
$370,997
ARV
$550,000
Gross Margin
$179,003
Sq. Footage
1848
Type
Attached
Parking
Assigned
Year build
1981
Lot size
5.00 acres
Bedrooms
4
Bathrooms
2
Half Bathrooms
0
Summary

Starting Price $379,997

NEW PRICE $370,997


Beautiful home 4 beds 2 baths 1,848 sqft built 1981. 5 acres just south of Lake Shoecraft and Lake Goodwin, power to the lower part of the lot, 3 outbuildings, a huge entertaining sized deck, & great views in such a private location. The home has an open floorplan design with 4 bedrooms layout, newer wood siding. The Shoecraft creek passes through the property flows depending on Lake Shoecraft's water levels. Not In a flood zone.


CLICK HERE TO SEE THE VIRTUAL TOUR


Rehab Estimate: $38,000

Appreciation ARV: $550,000

ROI: 14.94%

Gross Margin: 13.00%

Cash on Cash: 143.20%

Profit Analysis: $71,000

Closing date: December 6th or sooner.


REHAB: Interior and Exterior painting, flooring, deck patio, landscaping, cosmetic remodel


Property is OCCUPIED. Please do not visit without an appointment.


**IF YOU WANT THIS DEAL, SUBMIT YOUR PRELIMINARY OFFER BY CLICKING THE BLUE BUTTON "Make An Offer". This notifies us you are serious and ready to move forward.** DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract is signed with the Seller giving our company exclusive rights to purchase the property. Our company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/ SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action against you. Our company makes no warranty or representation about the content of this post. It is your responsibility to independently confirm the accuracy and competencies. Any projections, opinions, or assumptions used are for example only and do not represent the current or future performance of this property.
3D Walkthrough
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Viktor Rybachuk

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Disposition manager