5430 Magnolia St

Commerce City, CO 80022 View Map $285,000 Ask a Question
Beds2
Baths1
Sq.Ft.864
Year1952
5430 Magnolia St Commerce City, CO 80022 | MLS 5462523 Photo 1
5430 Magnolia St Commerce City, CO 80022 | MLS 5462523 Map
Brian Kinkade

Brian Kinkade

(720) 605-1050

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Status: Sold
Property Type:Single Family Residence
MLS #:5462523
Sq. Feet:864
Date Sold:10/24/2023
Lot Size:9,900 Sq. Ft.
County:Adams
GREAT OPPORTUNITY! PLEASE READ ALL REMARKS as there are two options available for how this property will be sold. OPTION 1) This property can be purchased by a FHA or Conventional buyer with a 203k renovation loan ONLY. Don't let the current condition of the property fool you. An inspection by a Hud Certified Consultant is available in supplements with an estimated breakdown of MINIMUM costs to help you discover how easy it is to breathe new life into this property by financing the repairs and upgrades into the loan. Call me to find out more. Buyer must use a lender who has verifiable experience with 203k loans, (Mike Sherer with Fairway is our preference) AND have a licensed and insured GC ready to take on this project who is familiar with 203k renos. OPTION 2) CASH ONLY DEAL, please reference the inspection report in supplements for an idea of on the minimums of what need to be done. IMPORTANT TO NOTE that seller has zero capacity to remove anything from the property and has zero dollars to hire anyone else to remove anything. The property is being sold AS IS with all contents currently on and in the property with the exception of two vehicles that will be clearly identified in the official purchase contract. AMPLE time will be provided for any upfront due diligence that needs to be done on this property prior to accepting an offer. Enter property at your own risk, Seller assumes ZERO responsibility for injury. Back yard and garage are walking hazard so come prepared, take a close look at the aerial photos before showing. Property offers a central location with easy access to highway, shopping and entertainment. Don't miss the opportunity to renovate this home and build the equity.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
10/24/2023$310,000$285,000-8.1%

Community Information

Address:5430 Magnolia St, Commerce City, CO 80022
County:Adams
Neighborhood:Value Subdivision
Zip Code:80022

School Information

School District:Adams 14
High School:Adams City
Middle School:Kearney
Elementary School:Rose Hill

Architecture

Bedrooms: 2
Bathrooms: 1
Year Built:1952
Stories:1
Style:House
Construction Materials: Frame
Roof: Composition
Basement: Crawl Space
Garage Spaces: 3

Features / Amenities

Appliances: Oven, Range, Refrigerator
Parking Total: 3
Heating: Forced Air

Square Footage

Finished Sq. Ft.
Above Grade 864
Below Grade 0
Total 864

Rooms

Level
BedroomMain
Bathroom (Full)Main

Property Features

Lot Size: 0.23 Acres / 9,900 Sq. Ft.
Sewer: Public Sewer
Water: Public

Tax and Financial Info

Tax Year: 2022
Tax Annual Amount: $1,090
Ownership: Individual
Contingency: None Known
Listing Terms: Cash, Conventional, FHA
Possession: Closing/DOD
Legal Description: SUB:VALUE SUBD NO 1 BLK:2 LOT:3

Listing Office

Listing provided courtesy of Compass - Denver.

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Listing Information Last Updated 6/15/2024
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