Here’s another rehab deal for someone to pick up, fix and flip, or hold as a rental! There’s plenty of equity to make it a smokin’ deal! Medium rehab required- check out the video walk thru!
2215 W Roeser Rd, Phoenix, AZ 85041 Price: $88,000
5/2/2cg 1408 s/f built in 1995
work needed: $15k to $20k max.
Check out comps below recent sold at $160k to $170k
Earnest: $2,500k
coe: 5/31
Area comparables from Cyberhomes.com
1. 2204 W ALTA VISTA RD
PHOENIX, AZ 85041 APN: 105-86-520 Assessed Value: $16,120 Lot Size: 8,297 sf Cov Parking: 2 - Garage
FCVR: 1.054 Full Cash Value: $161,200 Year Built: 2004 Fixtures: 8 Pool: No
Last Sale: $169,900on 03/28/2008($118.48/sf) Living Area: 1,434 sf Rooms: 6 Stories: 1
2. 2816 W PECAN RD
PHOENIX, AZ 85041 APN: 105-46-539 Assessed Value: $16,060 Lot Size: 7,024 sf Cov Parking: 2 - Garage
FCVR: 1.015 Full Cash Value: $160,600 Year Built: 2005 Fixtures: 6 Pool: No
Last Sale: $163,000on 04/23/2008($117.10/sf) Living Area: 1,392 sf Rooms: 6 Stories: 1
3. 6013 S 16TH LN
PHOENIX, AZ 85041 APN: 105-84-583 Assessed Value: $16,330 Lot Size: 7,746 sf Cov Parking: 2 - Garage
FCVR: 1.041 Full Cash Value: $163,300 Year Built: 2003 Fixtures: 6 Pool: No
Last Sale: $170,000on 05/07/2008($130.97/sf) Living Area: 1,298 sf Rooms: 5 Stories: 1
I locked up another deal under contract today. At the request of my buyer/investor, I can’t say too much about this deal in the moment. It’s in the West Valley, appraises for $210,000 or more. We got it under contract in the $120’s. House is in pretty decent condition, not too much rehab needing to be done (paint, carpet, etc). The buyer will most likely flip it to another investor for a very quick and easy profit. I’ll keep you guys posted once it closes escrow…
ok guys, time to gear it up here. Just came across a SMOKIN deal in the Gilbert/Chandler area. Here’s the specs-
1750sf, 3 bed/ 2 bath, No Pool, Single Level, built in 2005, It is a Bank REO, and the Fair Market Value is anywhere from $250,000 to $300,000+. We can get it for less than $190,000. Did I mention it’s in a gated community? It’s off of Germann and McQueen, roughly. This is a GREAT DEAL for someone as a rental, or, owner/occupy. If you are interested, give me a call and we’ll go snag it! A deal like this WILL NOT last long, so we gotta move fast!
UHHH! I can’t believe I missed this one! This past 2 weeks I’ve been super busy with other aspects of my life and business- but not looking for deals too actively. I’m in the middle of developing a new database for finding deals- and most of my time and attention has gone there (well, not to mention putting up Christmas Lights!) I just started lightly ‘grazing’ the MLS and I came across this beauty.
It was listed in MLS for just under $200k. 1700+ square feet, 4 bed, 2 bath cookie cutter home. In great condition (could use a little modernizing, but definitely livable). NOT in foreclosure, but the seller was over it and just wanted it sold now. The subdivision was very popular and well established, housing many upper-tier homes (not to mention man made lakes, waterfront properties, clubhouse with pools, tennis/raquetball courts, the works). Days on market in this subdivision are some of the lowest in Gilbert due to it’s popularity. Centrally located and less than 1 mile from the I-60- it doesn’t get much better than this!
It comps for $320k.
By the time I found this little gem, it had already sold. I can’t believe I missed that one. $120k in equity, in a great neighborhood. Unbelievable. So how motivated am I to get back on track and go find some others like it? VERY. And guess what- there’s PLENTY OF THEM OUT THERE! If you’re interested in sharing in the abundance of deals- contact me or sign up for my Deal Alerts and let’s make some money! Let’s just make sure to not miss any more like this one!
