1107 Peregrine Way Redding 96003 1950 sqft 3/2 Edgewood $199,900

by Skip@FDotD on May 25, 2013

Here’s a good sized bank owned home in the desirable Edgewood subdivision. It needs a few things.
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Comes furnished with a couch. Sweet.

Comes furnished with a couch. Sweet.

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Easy access plumbing.

Easy access plumbing.


By comparison, there’s a similar sized home Pending sale nearby for $285K. That one has a pool though. This one needs some work, but is well worth fixing. According to records, this house is the unwanted asset of US Bank. Representing their interests in this sale is foreclosure listing broker Brian Salado of The Real Estate Group. He writes:

“Welcome to 1107 Peregrine Way, this home offers 3 bedroom 2 bathrooms and a 2 car garage. Home is approximately 1950 square feet. In Edgewood Subdivision. Home sold As-IS. Buyer to verify.”

Welcome to trying to think up good ad copy for a stripped REO. Sometimes it isn’t easy. What you see is what you’ll get. We can represent your interests in this sale.

Call or text (530) 356 4500

Edgewood is desirable for excellent location and great neighbors. It’s near outstanding Lema Ranch Walking Trails, and world renowned Redding School of the Arts.

Redding School of the Arts: Video 2011 from Alan Ernesto Phillips on Vimeo.

This little video was not for profit, income of any kind or sale and serves only to uplift our kids and parents in their educational experience in this exceptional school. It is dedicated to the vision of Jean Hatch and Margaret Johnson, the McConnell Foundation, to our children and diversity. (The music is from Katy Perry's, "Firework," to underscore and celebrate our kids – and for educational purposes only.)

We know a lot about local neighborhoods. Put our expertise to work in your interest. Thanks for your longtime support of FDotD! Online daily since 2008 to bring you only the finest of foreclosures.

But wait! There’s more. We also offer the Redding area home seller the most options, so they can keep more of their home’s equity (what you call money). Learn more by clicking on the image below.
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4737 Chico Shasta Lake City 96019 Was $230K Now $119,900

by Skip@FDotD on May 24, 2013

Want to live inexpensively in a small town with easy access to gorgeous Lake Shasta?
5-24-13 4737 chico shasta lake city 96019

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Here’s a Freddie Mac 1220 sqft 3/2. Under $100 per sqft for a fixed up home in Shasta Lake City, one of our favorite small towns. There are a few more images of this Freddie Mac foreclosure home near Lake Shasta at the link. Representing the interests of the government side of this sale is foreclosure listing agent Kevin Burns of Coldwell Banker. He writes:

“Newly remodeled REO in Shasta Lake. The seller has just finished installing: new carpet, vinyl, interior paint, roof, interior doors & oven/range. Section 1 repairs have also been made. The home features: 3 bedrooms, 2 baths, approx 1220 sq. ft. and large yard.”

No mention is made that the home is in a Special Flood zone. There’s a creek that runs right next to it on the east side. That will create some additional insurance costs to be factored in. That creek runs through a lot of Shasta Lake City. Also, this short section of Chico Street is a dirt road, and the neighboring home is a trailer, so there’s that. Still, your government decided to fix it and flip it with new paint, roof, floors etc. So you’ll have to do the math on that idea. We can help you figure it out.

Call or Text (530) 356 4500

We’ve been to this house and looked it over. We know a lot about local real estate. Put our expertise to work on your behalf. Thanks for being a FDotD reader. Online daily since 2008 looking for bargains in the wreckage leftover from the last housing bubble. And perhaps this next one too.
Don’t be fooled by Google maps. You can only approach this house on Chico Street from the west. There is no bridge over the neighboring creek to the east.

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Just a few miles to Lake Shasta fun too.

Bridge Bay near Shasta Lake City by Skip Murphy. Click to expand.

Bridge Bay near Shasta Lake City by Skip Murphy

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2225 Cumberland Redding 96001 ’93 2172 sqft 4/2 Ridgeview $324,900

May 22, 2013

Here’s a classic west Redding California white stucco home with a nice kitchen. “Welcome to 2225 Cumberland Drive, Redding. Situated within a desirable Westside neighborhood, this 4 bedroom home offers a functional floor plan, new on-suite master bath, granite kitchen counters and a new commercial type gas range. Privacy and nature abounds in the backyards [...]

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4098 Wintergreen Ct Redding 96001 ’04 3701 sqft 4/3 $399,900

May 21, 2013

Here’s a beautiful large Country Heights westside luxury home for only $106 per sqft. Had you lost this home to foreclosure, you might find yourself chugging those O’Doul’s too. The garage alone is over 800 sqft, which is about the same size as yesterday’s FDotD house, also in west Redding and asking $155 per sqft. [...]

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1547 Jay St Redding 96001 Was $225K Now $129,000

May 20, 2013

Here’s an economical sized west Redding home with a rare basement. “A must see light and bright West side house! Fabulous space with lots of windows and original doors. Tons of cabinets and updated kitchen and bath. A must see with large basement and garage, extra storage and two fabulous patios, one is covered” You [...]

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29297 Johnson Ranch Round Mountain 96084 2046 sqft 3/2 on 9.8 acres $228,900

May 16, 2013

Here’s a foreclosed Chalet style home in the woods out of Round Mountain in Shasta County “Serene setting in the country near Round Mountain. Treed acreage with unique style home. Mountain type home has 2000+ sf according to county records and is on 9.840 acres. Open floor plan on a raised foundation. Home is all [...]

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2394 Walton Shasta Lake City 96019 HUD home $50,000

May 15, 2013

Here’s a 1981 built 1168 sqft 3/2 in Coeur d’Alene Estates at an attractive price.   “HUD Home Opportunity. Contractor Special. Repairs exceed 5k. Roof leak/damage. FHA 203b (repair escrow up to $5k) and FHA 203k (rehab loan over $5k) are excellent loans for this property. All repairs must be built into the buyer’s loan. [...]

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Buy bank-owned Deer Creek Manor, an unfinished subdivision

May 14, 2013

Just $2.789M. So less than $40K per view lot. Provided marketing images include dark clouds. Metaphor? An appraiser who also serves on a planning commission for Redding came to our MLS meeting recently and estimated that it would cost at least $50K to develop any new lot around here, not counting the land purchase price. [...]

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Grey Fawn Trail – OBrien Mountain masterpiece view estate goes to auction

May 13, 2013

We count this as high among our top few most beautiful local foreclosure homes we’ve ever seen. Longtime viwers will recall when we first ran this as OBrien Mountain home as FDotD, 8 months ago. There are many more images of this architect’s home with a view of Shasta Dam at the link. Well worth [...]

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21176 Shelly Lane Anderson 96007 Was $299K Now $130,000

May 11, 2013

Here’s an interesting 1988 built 1782 sqft 3/2 on 1.2 acres near Anderson. We see that it once listed at $299K, then later as a failed short sale at $229K, and finally as a foreclosure at $205K. Get it for less now. There are more images of this Balls Ferry area rural home at the [...]

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