tomo logo

$150,000

Beds
2
Baths
1.0
sq ft
844

256 N Gumwood Rd, Blythe, CA 92225

256 N Gumwood Rd

Blythe, CA 92225

  • 73 days on market
Two homes on one lot, offering an excellent opportunity for new investors to build up their portfolio. Live in one unit and rent out the other for passive income. Located at 256 N Gunwood in Blythe, CA 92225, this property is ripe with potential. The front home features 2 bedrooms and 1 bathroom. The back unit offers 1 bedroom and 1 bathroom, adding versatility and rental income potential to the property. Situated on a generous lot, there's plenty of space for outdoor activities, gardening, or even future expansions. The property is being sold as-is in its present condition without any warranties or guarantees. This is a great opportunity to invest in real estate and create a steady stream of income. Take advantage of the potential this property holds and schedule a viewing today!

Details

Property type

Single Family Residence

Est. home value

$166,226

Lot size

7,405 sq ft

Price per sq ft

$178

Year built

1950

HOA

No

Price History

10/10/2024
CRMLS

CRMLS #SW24209596

Listed
$150,000
10/04/2024
CRMLS

CRMLS #SW24072927

Removed
$150,000
04/12/2024
CRMLS

CRMLS #SW24072927

Listed
$150,000
-11.76%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Palo Verde 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

$132,647
Asking price
$150,000
Closing costs (~8% of asking)
-$12,000
Est. remaining loan balance
-$5,353
Cash to seller
$132,647

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

Seller’s Loan History

Lender

Christian Community Cu

Loan start date

November 2015

Original loan amount

$51,000

Est. remaining balance

$5,353

Interest rate

3.07%

Loan type

New Conventional, 10 year

Seller

Alfonso Velazquez Delgadillo and Maria I Ventura

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: 12/22/2024 at 2:00 AM

Listing updated: 12/10/2024 at 4:50 PM

Listed by: Catherine Garcia, RE/MAX Blythe Realty Phone #: (559) 741-6055

MLS: CRMLS #SW24209596

CRMLS logo

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