2476 Sorrel AVE Thermal, CA 92274
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,300 sqft
Price per Sqft $173
Subdivision Salton City
MLS Listing ID 219145377
Style Contemporary
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 2008
Lot Size 9,973 Sqft
Property Sub-Type Single Family Residence
Property Description
Priced significantly below the area's median at only $224,950, this nearly-new residence offers a rare 'equity play' for a savvy first-time homebuyer or investor. This 1,300 sq. ft. home features a modern open floor plan and has been exceptionally well-maintained. Having served only as a seasonal vacation home for the original owner, the interior is in 'hardly lived-in' condition.
The Opportunity:
The property is priced to reflect a known foundation issue. Professional consultations with local engineers and contractors estimate the slab re-leveling and repair costs at a maximum of $40,000. With recent comparable sales of the same floor plan (such as on Sunrise Ave) reaching much higher values, there is immediate upside potential here. This property is an ideal candidate for an FHA 203k renovation loan.
Location Highlights:
Commuter Friendly: Quick and easy access to HWY 86.
Outdoor Lifestyle: Situated moments away from world-class off-roading trails and desert recreation.
Don't miss the chance to own a modern home with built-in equity. Bring your contractor and your vision!
Location
State CA
County Imperial
Area 317 - Valerie Jean, Oasis, Desert Shr, Salton Cty
Interior
Heating Central
Cooling Air Conditioning
Fireplaces Number 1
Fireplaces Type Propane, Living Room
Furnishings Unfurnished
Fireplace true
Exterior
Parking Features true
Garage Spaces 2.0
Fence Chain Link
Utilities Available Cable TV, Water Connected, Sewer Connected, Electricity Connected
View Y/N true
View Mountain(s)
Private Pool No
Building
Lot Description Rectangular Lot
Story 1
Entry Level Ground Level, No Unit Above
Sewer In Street on Bond
Architectural Style Contemporary
Level or Stories Ground Level, No Unit Above
Schools
Elementary Schools Sea View
High Schools West Shores
School District Coachella Valley Unified
Others
Senior Community No
Acceptable Financing Cash, Conventional, Fannie Mae, FHA, VA Loan
Listing Terms Cash, Conventional, Fannie Mae, FHA, VA Loan
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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