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$198,000

Beds
2
Baths
2.5
sq ft
1,344

14530 Colter Way, Magalia, CA 95954

14530 Colter Way

Magalia, CA 95954

  • 80 days on market
    • Price drop $10,000↓
Now under $200k! Investment Opportunity is here! Value, Spacious, clean and updates... Get your money's worth!! Located just off the Skyway in upper Magalia, this generous Manufactured home is being offered as a SHORT SALE! Situated on over 1/2 acre, with 2 paved driveways (lots of space for RV or extra guests) and a 2-car garage boasting a handyman's dream for tool storage and workbench area, plus a very handy 1/2 bath in the garage as well. The home has several updates including: 2020 Central Furnace, dishwasher and vinyl plank flooring in the kitchen, laundry and both bathrooms; 2022 updated carpet in bedrooms, living room and family room; and a 2020 septic tank!! You'll love the large Fiberon wood deck off the back of home wrapping around to the breezeway between home and garage! Access this gorgeous back deck through the living, family and primary bedroom. Storage galore is a bonus with multiple closets and built in cabinetry. Notice the spacious floor plan with open concept in dinning room, kitchen and family rooms. And an extra large living room with wood stove, indoor laundry, and primary suite. Home has several newer wall A/C units for all around cooling during warmer summer months. This property feels like a "stick-built" home with it's thoughtful design and placement. The large backyard is very open and clear with stairs down to another landing, an extra shed, and more space to add your personal touches. Conveniently located on Colter, just off the Skyway in upper Magalia; very nearby you'll find grocery stores, Dinning, shopping, US Post office, and recreational options like Paradise and DeSabla Lakes. Magalia straddles the ridge above the valley between Chico and Oroville and is minutes from Paradise so you'll have equally easy access to all these wonderful, northern California surrounding communities. And lastly, situated within the Paradise Pines HOA; this fantastic association offers: clubhouse, tennis courts, swimming pool and spa, playground, boocce ball court... what is not to love about this opportunity?!! Come check out 14530 Colter Way today! * Seller will bring a free cord of Almond wood to the buyer at COE! CALL TO SEE THIS HOME TODAY!

Details

Property type

Manufactured On Land

Est. home value

$231,060

Lot size

0.55 acres

Price per sq ft

$148

Year built

1979

Monthly HOA fee

$23.33

Price History

11/16/2024
CRMLS

CRMLS #SN24185266

Price change
$198,000
-4.81%
10/02/2024
CRMLS

CRMLS #SN24185266

Price change
$208,000
-0.95%
09/06/2024
CRMLS

CRMLS #SN24185266

Listed
$210,000
-12.5%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Fishing, Lake, Park

High school district: 

Paradise Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

-$28,323
Asking price
$198,000
Closing costs (~8% of asking)
-$15,840
Est. remaining loan balance
-$210,483
Cash to seller
-$28,323

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

May 2022

Original loan amount

$219,780

Est. remaining balance

$210,483

Interest rate

4.42%

Loan type

FHA, 30 year

Seller

Flint A Forrister and Deborah L Forrister

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/24/2024 at 9:45 PM

Listing updated: 11/15/2024 at 4:10 PM

Listed by: Angela Slover, Century 21 Select Real Estate, Inc. Phone #: (530) 345-6618

MLS: CRMLS #SN24185266

CRMLS logo

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