This post was published 5 months 27 days ago, which may mean this home is not for sale anymore. You can always call to check current availability. FDotD or The Address Realty is not responsible for any misunderstanding. It should be pretty clear.
This one last sold for $240K back in 2004. We recall the seller back then kept a stack of utility bills on the counter to show potential buyers the economic advantages of his extra added insulation and other energy saving measures that resulted in very inexpensive utilities for this good sized ranch home. It’s true that those unseen features add value, but they can be hard to demonstrate to buyers sometimes.
We recall that fact only because we had a competing buyer who lost out on it at the time. Probably lucky for our buyer ultimately, as here we see it now post foreclosure. Bullet dodged. Now the housing market’s out of bullets, and this interesting home is ready for a new buyer at a lower price. There are more images of this Redding foreclosure home at the link, an you can see the arc of valuation from when it was also sold for $150K in 2002. Interestingly, a local housing market trend article in the Record Searchlight today contains this quote “A home sold last month for a median price of $150,000, down from $163,500 in September and $160,000 in October 2010.” So today’s FDotD subject represents what a median priced home around here looks like, in case you were wondering. Representing the bank/seller this time is foreclosure listing agent Freddie Martin of Real Estate 1. She writes:
“End of Road Privacy with this three bedroom, 2 bath, 1800 square foot home on over 1/2 acre. Selling AS IS. Buyer to verify all information about the property. Pest and Roof reports in Documents.”
And in those reports we see some dry rot damage to some wood parts, and that the roof is at the end of its useful life. We can get you the full reports. We think there is value to be had here. We like the house and the setting. If you’d like to see inside, you can call us.
Call or Text (530) 255 4070
We know a lot about real estate around here. Call us if you are looking for skilled representation.
