Project:9030 Blake Ct., Bremerton, WA
Bedrooms 3
Bathrooms 2.5
Sq Footage 1951
Lot Size .26 acres
Year Built 1983
Sale Type Short Sale
Purchase Price $135,000
Estimated After Repair Value $250,000

DESCRIPTION

This property was on the market for 284 days as a short sale candidate, for $150,000. We settled with the owner's bank for a purchase price of $145,000, then had our contractor provide a very extensive inspection review which allowed us to negotiate a final sales price of $135,00.

 

Purchase Price: $135,000
Purchase Closing Costs: $1,993
Total Acquisiton Costs: $136,993
Cleaning: $210
Staging Service $1,550
Holding Costs: $2,934
Renovation Costs: $47,918
Subtotal: $52,612
Total Expenses: $189,605
Sales Price: $245,000
Sales/Closing Costs: -$25,740
Less Total Expenses: -$189,605
Net Profit: $29,655
PROJECT DETAILS:
Purchase Date July 29, 2011
Renovation Complete Sept. 2, 2011
Date Listed Sept. 9, 2011
Closing Date December 27, 2011
Days on Market 107
 

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