There is much potential at this price to renovate this four bedroom Colonial into your next home! It is located in a Planned Unit Development with a quarterly land lease payment and a monthly HOA fee for common areas. Income restricted complex. Not available for investor offers. Sold in AS IS condition. Pre-approval letter or Proof of Funds to be with offer. The following documents will be needed if any buyer chooses to purchase a home in Old Farm Ridge: · certification that the potential buyer is income-eligible - if they are using CHFA financing, they are automatically income-eligible (but still need to provide documentation of this), otherwise NHSW staff will need to certify their income-eligibility · bank appraisal from potential lender, or independent appraisal · proposed closing date · copy of offer and then purchase and sale agreement · ground lease agreement (attached) **It will not qualify for FHA, CHFA or VA financing due to the property condition** The condo association's insurance company is requiring that the new buyer put on new roof shingles after closing.
Single-familyProperty Type
1996Year Built
$177Est. Price/Sq.Ft.
1 car garageParking
Listed by Mark Porriello• RE/MAX Right Choice
Bought with Omar Ruizesparza• eRealty Advisors, Inc.
Source:Smart MLS #170489674
Redfin Estimate
$261,153
$141K since sold in November 2022$6,000 since August
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This home's estimate is 24.2% lower than the average sale price ($345K) of 6 comparable homes.