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415 Sherwood Ave, Honea Path, SC 29654
Fast & Easy Flip w/ HUGE Equity.
Asking Price: $59,900 (or Highest & Best offer)
After Repaired Value: $155,000
Property Details:
- Size: 1,494 sf (as per tax records)
- Lot Size: 33,541 sf lot total (as per tax records)
- Built in: 1958 (as per tax records)
- Beds / Baths: 4 bed / 1 bath (as per our seller)
- Condition:
- Property is sold in As-Is Condition, and buyers agree to do their own due-diligence and inspections.
- Kitchen Updated: never updated rental grade
- Bathrooms Updated: redid the floor but it needs updating
- Flooring: hardwood floor
- Windows: not sure but need to be replaced
- Age of Roof: 1994
- Is roof leaking? Is there water damage? no issues
- Water Heater: 8yrs old
- Central A.C: 12yrs and no issues
- Backyard: sorta landscaped.
Occupancy:
- Occupied – a walkthrough will be setup for July 13th. Call or text to get info.
- You Can either wait for the inspection and submit your offer by the next day, or you can buy it now site unseen.
- There is a Post Occupancy Agreement in place: This allows the seller 7 days to move out after closing. Here are the terms:
- $5,000 held back in escrow
- $100 per day charged if after 7 days
- If after 30 days the seller is not out, they forfeit the entire $5k deposit.
Comps:
- Sold on 5/24/21 for $164,500 – 8 Woodland Way (.6 miles) – 3/2 1,750sf, 40,330 lot. (Not Renovated)
- Sold on 4/30/21 for $155k – 108 Pinson Dr, Honea Path (.6 miles) – 4/1 56 DOM- 1034sf, 18,700 lot (Much smaller house and lot)
- Sold on 8/28/2020 for $137k – 206 Main St, Honea Path (.5 miles) – 2/2. 1,673sf, 17,424sf lot (only 2 beds & smaller lot)
- Sold on 12/16/20 for $115k – 8 Pruitt St (.4 miles) – 2/1 – 200sf smaller house, half lot size. Reno (only 2 beds, smaller house & lot)
Terms:
- Cash or Hard Money only
- Once offer is accepted, you must place $3,000 non-refundable deposit in escrow.
- Must be able to close within 48 hours of title company/attorney being ready. (Unless we agree on a specific closing date)
- Price is Net to Seller/Assignor and Buyer/Assignee paying all closing costs.
- Property taxes will be prorated to the day of closing.
- Property is Sold in As Is Condition with no warranties or guarantees made by seller
- If we don’t own the property, we will be assigning over our purchase agreement to an end buyer for an assignment fee.
- Please read additional terms below.
Call or Text For Access – 602-704-5246
HOW TO BUY
- SUBMIT ALL OFFERS BEFORE TIMER HITS “0”
- We Will Accept HIGHEST AND BEST OFFER.
- We Don’t do bidding wars, so make sure to get your highest offer in the first time. The only time we give you a chance to “beat an offer” is if there is a tie for the highest offer.
- ALL OFFERS MUST BE SUBMITTED ON THIS PAGE.
Submit Offer Before:
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Submit Highest & Best Offer Here:
ATTENTION: PLEASE READ OUR TERMS
Properties are being sold as-is, and buyer is to pay all closing costs. No representations written or oral are made concerning the properties above. Price based on a cash or hard money offer and is net to seller. Buyers must be ready to close with 48 hours of title company or attorney being ready to close. Buyers to do their own independent due diligence and take any necessary precautions to verify any and all material facts. We make no guarantees concerning property condition, value, characteristics or financial benefits. We may or may not currently own the properties being marketed and may be marketing the equitable interest however great or small in the given properties. If we don’t own the property, we will be assigning over our purchase agreement to an end buyer for an assignment fee. Opinion of value is given as courtesy. Our opinion is just an opinion and seller makes no guarantees or warranties, express or implied, as to the value or condition of the home.
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