[New] Standring Lane Wholesale Deal

$1,000,000
SOLD

1617

Property ID

2,560 SqFt

Size

3

Bedrooms

1.75

Bathrooms

Description

Standring Lane Mansion Deal!

12905 Standring LN SW 

Burien, WA 98146

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DETAILS:
BED: 3
BATH: 1.75
TYPE: single family
LIVING AREA: 2,560 sq ft
LOT SIZE: 24,209 sq ft
YEAR BUILT: 1955
LOCKBOX CODE:
Call Me If Interested: 425-358-5051
REPAIRS:
$85,000 

Cosmetic Update:
popcorn ceiling, new doors, paint, hardwood floors in living room

Kitchen and Bath don’t need fixing up-stair

Finish Basement

Due to private community, working in the house might require permit

Update deck

Update plumbing which is half cooper half galvanized

Adding a Story (will put sale price to $1.5M+) – not in the current cost estimate

CC&R allows one more story to be built (max 2.5 story) and 1 car garage

The second story will be new master and maybe more bedrooms

One of the first floor bedroom might be used as den or family room

Create bigger entry way and open to 2 stories

REHAB OR CLEAN COMPS SOLD IN THE LAST 90-180 DAYS:

CLICK HERE FOR COMPS

SALE PRICE

$1,000,000

AFTER REPAIR VALUE:

$1,300,000

EXIT PLAN:

FIX & FLIP IT

FINANCIAL PROFORMA (YOUR PROFIT AFTER COSTS)

CLICK HERE TO VIEW PROFORMA

COUNTY REPORT:

CLICK HERE FOR COUNTY REPORT

Address

Address: 12905 Standring LN SW
  • Country: United States
  • Province / State: WA
  • Postal code / ZIP: 98146
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  • Property ID 1617
  • Price $1,000,000
  • Property Type Single Family
  • Property status SOLD
  • Bedrooms 3
  • Bathrooms 1.75
  • Year Built 1955
  • Size 2,560 SqFt
  • Land area 24,209 SqFt

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Nearby Places

Contact

Name: WA

425-358-5051

Please send us an email if you are interested in the this property, call us directly, or fill out the form below!

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