Greg Malik Real Estate
7035 Iverson Place
Paso Robles, CA 93446

Description

CALLING ALL CONTRACTORS AND HOME FLIPPERS! This is an opportunity not to be missed! Situated on a nicely elevated 1 acre parcel, this PROBATE offering is priced to sell! Featuring a conventionally constructed, well designed 3 bedroom 2 bath home with a standard 2 car garage (with a partial, unpermitted conversion), your starting canvas here is really quite normal (albeit stained and dirty). The structure will require an abundance of elbow grease and effort to put it back into livable condition, as it far from it at this stage. You'll numerous holes in the drywall, several broken windows, and cabinets and fixtures that are completely unsavable. Plan on replacing every surface inside this home, and most every surface on the outside as well. But don't let the condition take away from the good bones and lovely views here, as these will help you easily realize a post-renovation value between 450K-500K (depending on finishes, etc)! In addition to the home renovation, you'll also need to budget for a well replacement, as the well is inoperable and dry to our knowledge (we have an estimate from Miller Drilling for $36,550). The septic condition is unknown, but presume it is also 'in need'. Property to be sold completely AS-IS with no exceptions. It will NOT qualify for conventional financing - CASH or hard money lending only. As a PROBATE sale, it will also require a court approval. NOTE: OFFER DEADLINE is July 27, '2018 at 12PM, for submission to court-appointed Administrator.

Details

MLS#NS18169123
StyleHouse
Sub-TypeResale
StatusPending - Show
Year1988
Days On Site34

Features

Bed(s)3
Bath(s) 1 Full, 1 Three Quarter
SQ Feet1,232
Garage2
Story(s)1 Story
Property ViewYes
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Market Activity 93446

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Area Information

StateCA
CountySan Luis Obispo
CityPaso Robles
Zip Code93446
AreaPR South 46-East 101
Community NamePR Dry Creek(270)
School DistrictPaso Robles Joint Unified
Listing VS Median (in PR Dry Creek(270))
Price:
$290,000
low | high
Med:
$619,900
63.758620689655% of Average
SqFt:
1,232
low | high
Med:
2,425
46.834415584416% of Average
$ / SqFt:
$235
low | high
Med:
$256
41.401805901173% of Average
On Site:
34
low | high
Med:
175
19.428571428571% of Average
Listing Updated: 08/19/2018
MLS Number: NS18169123
Listing Provided By:
Scott Ehrke  of  RE MAX Parkside Real Estate
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