Property
Beds
2
Full Baths
2
1/2 Baths
1
Year Built
1994
Sq.Footage
1,164
AMAZING OPPORTUNITY in Centerville’s Center Ridge – Easy Sweat Equity for Owner-Occupants This is a unique listing coming up that is a perfect match for your first-time entry level homebuyer who is willing to earn a little DIY sweat equity. This is a "diamond in the rough" for a buyer who isn't afraid of some work to get into a popular, well-located neighborhood. THE MATH The price is $425,000. The ARV (After Repair Value) is solid at $485,000+. With an estimated $20,000+/- in cosmetic repairs—mainly carpet, paint, appliances, and minor repair — a buyer would be all-in for $445,000. That leaves them with $40,000 in equity immediately upon completion. No competition and a great entry-level price of $425K with low HOA. New roof and HVAC were done in the late 20-teens. THE SITUATION The property is currently heavily cluttered and the seller is reclusive with some health sensitivities. Because of this, we are seeking a streamlined, as-is sale to minimize stress on the occupant. SHOWING PROCESS To protect the seller’s privacy, there is no lockbox and we will do showings by appointment on May 31 to serious inquiries. Interior access will be granted to buyers who have reviewed the listing and have a pre-approval or proof of funds. This is the lowest-priced entry into the area with a low HOA fee and a great chance for a buyer to build instant equity in this market while helping a seller in a tough spot. Let's put a deal together!
Features & Amenities
Interior
-
Total Bedrooms
2
-
Bathrooms
2
-
1/2 Bathrooms
1
-
Above Grade Finished Area
870.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Vinyl Siding
-
Parking
On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.04
-
Lot Size(square feet)
1,950
-
Property Type
Residential
-
Property Sub Type
Townhouse
-
Architectural Style
Colonial
Price
-
Sales Price
$425,000
-
Tax Amount
$5,290
-
Financing Options
Conventional, FHA, Cash, VA, Other
-
Sq. Footage
1,164
-
Price/SqFt
$365
HOA
-
Association
YES
-
Association Fee
$375
-
Association Fee Frequency
Quarterly
-
Association Fee Includes
N/A
Property Resources
-
Horse Property
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Foundation Details
Concrete Perimeter
-
Senior Community YN
NO
-
Sewer
Other
-
Tax Lot
27
-
Water Source
Other
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Location
County
FAIRFAX
Elementary School
Middle School
High School
Listing Courtesy of Michael P Wagner , Pearson Smith Realty, LLC
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AGENT
Jon Zesati
Call Jon today to schedule a private showing.
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