Renton BRRRR | Before & After Photos
As of July 2022, Renton home prices were down 0.22% compared to last year, selling for a median price of $669K. On average, homes in Renton typically sell after 11 days on market compared to 6 days this time last year. There were 115 homes sold in July this year, which is down from 229 last year.
The Renton housing market is very competitive. Homes in Renton receive 4 offers on average and sell in around 7.5 days. The average sale price of a home in Renton was $699K last month, up 2.8% since this time last year. The average sale price per square foot in Renton is $384, up 7.7% from last year.
About This Home
A private lane leads to this fully remodeled 3BR/1.5BA rambler (no stairs!) with bay windows, new roof, luxury plank floors & a Designer’s efficient kitchen~brand new stainless appl’s, gorgeous white doors & hardware.There’s even a new 1/2 & full bath, new Gas F/A furnace & water heater! No more septic system, enjoy a brand new sewer line from house to street~May 2021. Clean crawl space, interior/exterior paint & slider door to the fenced backyard where you’ll find new sod, & large deck perfect for entertaining. Located in the popular Kennydale community! This home is ideally located close to the bus line, parks & freeways. There’s plenty of off-street parking in your private courtyard w/ mature Japanese Maple. A must see at this price!
Inside the Numbers
| Loan Amount: | $385,609 |
| LTARV: | 69.45% |
| Loan Term: | 5 Months |
| Rehab Cost: | $50,000 |
| ARV: | $675,000 |
| Year Built: | 1964 |
| Square Feet: | 1,460 |
| Bedrooms: | 3 |
| Bathrooms: | 1.5 |
Intrust Funding is Renton’s premier private hard money lender for real estate providing acquisition and rehab loans to investors in King County. Acquire your next property, renovate your next investment, or cash-out refi your last loan today. With funding in 48 hours, No inspections, No appraisals, and a simple 1% per month interest rate, Intrust Funding is real estate investing simplified.
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