4076 Ormsby Redding 96003 Was $220K now $119,975

by Skip@FDotD on January 31, 2012

closeThis post was published 3 months 19 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.

4076 Ormsby Redding 96003 homes for sale in redding4076 Ormsby Redding 96003 foreclosures in redding4076 Ormsby Redding 96003 foreclosures in shasta county4076 Ormsby Redding 96003 redding homesPlug the price of this home into the mortgage calculator to the right, and you get a monthly payment more attractive than rent for a similar home. Hm, wonder why the person who bought this north Redding home for $220,000 in 2005 defaulted? And we wonder how many more out there are doing the same. Some things are unknowable. We do know that the bank/seller on this home is being represented by foreclosure listing agent Bob Mitchell of Real Living Real Estate Professionals. He writes:

“No closet in third bedroom. Located in a cul-de-sac, mountain views, green belt, RV parking and so much more!!Move in ready!! Fresh interior paint and carpets. Green space at back of property. Wood stove missing but the nice brick surround is there.”

Rooms with “No closet in the third bedroom,” are referred to by appraisers as Not Bedrooms. Still, our WAG is that this one may well appraise at asking price. And competition for homes in Redding priced under the $150K level has been heating up, due to the rent vs buy realization. Care to see it?

Call or Text (530) 255 4070

We know a lot about homes around here. We’ve been helping people buy banks and government owned homes for years now. Thanks for your support of FDotD!

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This one goes out to voters in the Florida primary today. Thanks ONN!

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