Anderson CA REO Foreclosure Home Shasta County

Here’s a rare modern 4 bedroom 2 bath home in a terrific price range for first time homebuyers. It seems likely you can buy this home for about the same as you would pay in rent. Listed as 1663 sq ft on a 79 X 120 lot, it’s a good sized home on a good sized lot. A prior listing described it as a Model Home for the subdivision with upgrades, and it was said to have a possible 5th bedroom or Den. According to records, it seems to have last sold in 2005 for $260K, and is now the unwanted asset of Bank of New York Mellon. Representing the bank/seller’s interests in the sale is foreclosure listing agent Lynda Martz of the Real Estate Group. She writes:

“Good floor plan with large open living space, fenced yard, located near the lake. Home is sold As-Is”

We are further informed that buyers using financing to purchase will need to obtain a pre-qual from Bank of America. Call us up if you’d like to get inside for a look. We’d love to show it.

Call (530) 244 7603

We can show you any home for sale around here, bank owned or not. We rely on your calls and referrals, so please call.


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Redding CA area foreclosure home REO repo in Shasta County
Redding CA area foreclosure home REO repo in Shasta County

This bank owned home has been for sale for almost a year, under 4 different agents, starting at $529K. We have some folks interested in properties with similar features so we went out for a look. On the surface it has a lot going for it: a big modern home, elegant country style, 2.4 acres not far out of town. It sports a big 742 sq ft garage. It went through foreclosure with just a few dings. If we had to guess as to why it hasn’t sold yet, it might be the view out the front:
Redding CA area foreclosure home REO repo in Shasta County
Older manufactured homes are visible to either side of the property from the front porch. Being longtime Shasta County residents, this looks normal to us. But we could see how a buyer with $439K in their hand might see it differently. In any event, we note that the price you see listed here is asking price. No doubt the bank/seller is tired of waiting for it to sell, and may entertain your offer with favor. According to records, the seller is Wells Fargo. Right now, they are being represented by foreclosure listing agent Terri Lynn Bradley of C-21 All Service. She writes of it:

“3 bedroom 2.5 bath property is situated on over 2 acres in a country setting in East Redding. As-Is, Where Is. No Disclosures.”

Well, not exactly East Redding. More like Bella Vista. We do always like to see the “Where Is” disclosure. No moving it, folks. And where it is, is between two manufactured homes in the country, on a rural road winding through unincorporated Shasta County outside of Redding. A pleasant enough locale, and not far at all to town. Call us up and we can get you in for a look.

Call (530) 244 7603

We can show you any home around here, bank owned or not. we know a lot of things about the area, and many interesting facts about certain bank owned homes. We rely on your calls and referrals. So call us!


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