Walker’s Wholesale Houses

3 bedroom house, hardly lived in, in a waterfront community with pier privileges in Hopewell.

• MLS Pended: $220k.
• HUD’s appraisal: $220
• Retail may be 175
• Huds Property condition report shows no defects and all systems were working.
• Repairs: None, but clean up and appliances might run about 4k.

Photo Gallery

Exterior of Light House Lane

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Property Details:

• Address: 3908 LIGHTHOUSE LN, Hopewell VA.
• Area 56
• Beds: 3 Bed
• Baths: 2 Bath
• House Size: 1,576 Sq Ft
• Assessed at: 193k
• Elem School: Copeland
• Mid School: Carter G. Woodson
• High School: Hopewell
• LOT 2 BLK F SUBDIVISION: ANCHOR POINT SEC B

Pricing

• Your investor price $135k, cash to close (85k off of list)
• Must close with Page Allen and Associate
• Needs appliances and minor repairs, maybe 4k.
• Proof of funds required

From Prior MLS Descriptions.

Nearly new construction, lived in 3 months, previous owner has fully custom painted and finished walls with upgraded fixtures, sod front and back, landscaping, storm doors, cabinets, and garage door opener. Just landscaped on one of the largest lot’s in subdivision, brick front, covered porch, and rear patio. Upgraded 36″cabinets, wood floors in foyer/hall/front formal room, kitchen has crown molding, cove edge counter tops, vaulted ceilings master/family room, cabinet desk with extra cabinet space, master bedroom double closets, luxury bath with soaking tub / shower, double vanity. many, many more upgrades.…

Captivating 3 bedroom 2 bath single level home with attached 2 car garage! Brick & shake front, 9′ceilings, walk-in closets, double vanities & ore! Upgrades in this home include vaulted ceilings in the family room & master bedroom, hardwood floors in the dining/formal room and foyer, electric fireplace, nickle fixtures, luxury bath with soaking tub, 10×12 concrete patio & more!

This is from an old MLS Listing: Exciting waterfront community which has an on-site marina with 100 wetslips and a 99 unit dry stack storage facility, olympic size pool and tennis court on navagible waters! By BOAT dowtown Richmond is approximately 45 minutes-Waterside Norfolk approximately 4 hours away!

Map

Bing maps still show dirt field but the community is being built.
Google maps has it misplaced.

Local Market Activity

• Next door sold $220 in January.
• Another listed to be built for sale at $227 in the community
• This home was a apparently furnished model from the builder
• Sold in 09 for $210k
• Others in the area listed for 191-227
• Older beatup homes are listed 105-139 around hopewell in the same elem school district. . .

Disclaimers:

• As is, where is.
• Inspections for information purposes only.
• $1000 EMD deposit with no contingences except failure to provide clean title.
• No assignment of contract unless written agreement is in place.
• All properties Subject to errors, omissions, deletions, additions, cancellation, financing qualification if applicable and prior sale. All properties sold as is, where is with absolutely no representations written or oral.
• Buyer is to do their own independent due diligence. Property will not be considered under contract until signed contract and deposit received with all contingencies removed.

To Submit your offer

• Call Chris at 804-915-9475 to discuss and receive offer by email.
• You have 48 hour inspection contingency upon offer acceptance.
• Proof of funds required in 48 hours.
• $1000 EMD payable to Page Allen, copy of check to be faxed with offer.

3811 Germantown Road
Charlotte Court House Virginia 23923

3/2 LR, DR, Family, with unfinished basement
Like only on two acres.
15 minutes from Farmville.

Old house, early 70s construction. . .
Brick Rancher.

Trying to get rid of it. . .
Tax assessment: $149
central heat and cenral air.
still has a wood stove. . .

Contract for assignment:
$52,500

804 N GAP LOOP MONTGOMERY AL 36110

Scrap house looking for investor who can put it back together.

$5k.

Contract on Assignment.
Quit Claim Deed.

Under Contract

This deeply discounted REO has got a leaky roof that has caused lots of water damage on the inside.  Drywall has fallen from the ceiling.

Back taxes due: just under $1200 dollars.

Your price: $10,000.

Address: 400 Block of Buena Vista, Anderson SC.

Address: 11 Petty Court, Petersburg, VA, 23803

3 Bedrooms, 2 Baths, 1202 ft2 Rancher.  Possible 4th Bedroom in the addtion.

Current tenant paying $875 mo, on time every time since 2005.
Update: Tenant has left, house is vacant.

House has Central Heat / Air, recently painted

Price

Contract for Assignment at $68,000 or best offer.

Discounted

• Discounted price as if it was a foreclosure. Hud Homes selling for similar prices.
• Similar properties for first home time buyers selling in the 120s-130s

Visiting the Property

Do not visit the property without securing my permission.

Call Chris to schedule access, 804/915-9475.

Do your own diligence. All information deemed reliable, but not guaranteed

Contact Chris at 804/915-9475

To hear about more great deals before they even get to the general public, sign up for deals at our Walker’s Wholesale Houses Buyer’s List.

http://www.walkerswholesalehouses.com/

4 Bedrooms, 2-1/2 Baths,  1664 SF Dutch Colonial.

Needs 10 to 15K work, has ~ 30k in ground pool that needs about 2K work including liner.

Sales price: 82K.

Co-marketed with permission from Smart Home Builders.

Property Address:  585 Roberson Street, Petersburg VA, Berkeley Manor Subdivision

Real Estate Investors:

Small rehab job!  Should be under 15-17k for updating. Get it back on the market or ready to produce rental income quick.

Great Profit margin – including repairs, assuming arv of ARV of 150, an 82k price plus maximum repairs is 66% LTV

In last 12 months, in that subdivision.

• 4bdr on Petty Street sold (10/23/09) at 139,950, 1220 Ft. full update / remodel.
• 3br sold at $140, 1648 ft2. (11/25/09),
• 3br, 1634ft2, at $152,000 on VA loan. (11/20/09 sold )

Add a premium for the 30k inground pool, suggests an ARV in the 150s – 160s.

These sold comps in the subdivision are similar ft2 and remodelled.

Access:

Do not disturb the tenant.

Call me for details on how to access the property.

804/915-9475.

SOLD via private placement!

Note: If you are a cash buyer and can make a quick decision, I need to know that.  Call me at 804/915-9475.  This one was placed to an investor with just a phone call before the rest of my list even knew about it!

Your price:

Only 19K.

This shell of a rehab has already been stripped to the studs and covered with vinyl siding.

This former Bank REO couldn’t even make the cut on the open market, so you can pick it up for an even deeper steal. . .

House is open and available to look at.

ARV about 145.

Address: 3500 block of Maryland Avenue, address hidden to attempt to protect against vandalism.

Call Chris at 804/915-9475 for more information

Duplex in Hopewell.

Pending short sale approval

Make your best offer around 100k.

621 and 623 Broadway, Hopewell VA.

Side one (621) assessed: 80,000k
Side two (623) assessed: 78,400

Each side is 3/1, 1440 ft.
2 story duplex

Some minor repairs needed to make rental ready, under 10K.

Long term repairs will include some soffitt work, replacement windows.

Contact Chris at 804/915-9475 for access.

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I’ve not seen a house this ugly in a long time.

Estimated repairs: $40,000

Your price: $80,000

ARV: $175,000 for upgraded repair (granite, tile, etc).

This puts you about 68% of After Repair Value

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Front of house

Back

yard

bedroom

den/living room

Your Price $20,000

Mt. Holly, North Carolina

Address not printed to avoid vandalism to empty property.

Priced 16K below City Assessment of $36,318

Land alone is assessed at 22K.

House is uninhabitable in its condition.

Contact Chris at 804/915-9475 for access, address and photos.

Facts:

2 br, 1.5 bath
819 ft.

No heating system listed on tax record.
Asphalt shingles.
Mill house Built 1920
Wood frame
Lot 10,019 Sq feet (.23 acre)

Condition is run-down.

You could tear it down or gut it and rehab it.

Rehab budget depends on what you want to do with it.

Comps between 60-80 depending on end use.

House is one of those older mill homes.  Houses on the block being renovated.

Photos show that this one and one more need to be brought up to par with neighborhood.

Make an offer

Serious inquiries only. Proof of funds needed with offer.

Call Chris at 804/915-9475 to Get photos emailed to you and arrange access to property.

Do your own diligence.

All information deemed reliable, but not guaranteed

Handyman special to fix up property outside of Charlotte NC.

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