Project Description

$484,000 Redmond Construction Loan on 104th Court

Look what these Redmond investors did with our construction loan! Sitting on a 6,825 sq. ft. corner lot, this large home was given an exquisite makeover. The project included a brand new 30 year roof with a ten year labor warranty, exterior and interior paint, a new furnace, lighting and fixtures. The largest increase in price points came from interior upgrades, which included bright new laminate flooring throughout, a custom-designed kitchen with granite countertops, shaker cabinets, and tile, and the transformation of the master bedroom into an ensuite with custom bathroom tiling. Wrapping the project up with renovations to the yard, these investors saw a huge appreciation from Intrust Funding’s rehab loan.

Loan Amount:

$484,000

Date Closed:

August, 2018

After Repair Value:

$849,900