Large 6 Bd 1.75 Bth, Owner Financing / Lease Purchase / Rent To Own
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Lease Option in:
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Status: Active Address: 123 main St City: Seattle State: Washington Zip: 98103 Country: USA Beds: 6 Baths: 1.75 Year Built: 1954 Square Feet: 2300 Lot Size: 11000 Garage Size: 1 car
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Owner Financing Terms:
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Monthly Rent: $3,150 Monthly rent credit: $250 Price: $495,000 Down pmt: $5,000 Loan Term: 30 years / 360 months Rate (%): 8 Monthly pmt: $3,595
Seller financing loan type:
- Assumable
- Seller financed 2nd mortgage
: $2,728
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Description: Country living in the middle of Seattle!
Enjoy the privacy and tranquility of this country home, surrounded by a large greenbelt and abutting the natural wildlife preserve of a Thornton Creek tributary. Then get in your car and in 15 minutes you’ll be in downtown Seattle.
This large, split entry home (2300 sq ft) sits on a quarter acre lot on a dead-end street right off another dead-end street – very quiet and safe for you kids and pets.
The upper floor has two bedrooms and a full bath, a living room with a fireplace and dining area, the kitchen and a huge family room with vaulted ceilings that makes you feel like you are living in a tree house. From here you also access the large deck – great for parties and BBQs.
The lower level has 4 more bedrooms, a ¾ bathroom, another family room with a fireplace and a laundry area. This downstairs area could also be turned into a MIL.
There is also a 1+ car garage that has a work bench area.
My wife and I lived in this house for many years and had our first baby here 4+ years ago (we just had our second baby 3 months ago :-)). We moved to the Phinney Ridge a couple of years ago and have been renting the house out. And, as rental houses go, this one too needs some TLC – the kitchen can be updated, the bathroom upstairs can be updated, it badly needs new carpets (or finish the oak hardwood floors that are under the carpet), a paint job, etc.
My choices are to either do it myself (which I’ve done many times) but then I’ll have to raise the selling price, OR let you put your love and creativity, not to mention your sweat equity into it and gain the benefits yourself. Frankly, I’d rather see someone who would love this home as much as we do move into it and make it their own (which I think is the right way to do things anyhow).
So if you are a handyman fixer kind of person and want to do it – you get a great deal, you get the benefit of your own sweat equity and you get to make it your own creation.
By the way, since I get preferred pricing on supplies I’ll be happy to help you get supplies and pass the savings right on to you.
And if that’s not enough, to make this an even sweeter deal, I’m offering to help with the financing of the home or to do a lease purchase option (also known as rent to own). Can you beat that? :-)
So, if you are interested in finding out more, please don’t hesitate to call me at 206-779-9808 and we can arrange for a tour.
(More Pics will follow soon)
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Property viewed: 628 times. Last updated: 03/03/2008
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