159 Reid Ln, Richmond, CA 94801

$643,050
4
BD
3
BA
2,401
SqFt

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List Price
$643,050
Status
ACTIVE
MLS#
41153597
Year Built
2006
Bedrooms
4
Bathrooms
3
Living Sq. Ft
2,401
Lot Size
2,600
Acres
0.06
Lot Location
Back Yard, Street Level
Days on Market
5
Property Type
Single Family Residential
Style
Contemporary
Property Sub Type
Single Family Residence
Stories
Two Levels
Neighborhood
Richmond

Property Description

Spacious home offered through the "Bella Flora Below Market Rate" (BMR) Affordable Housing Program in Contra Costa County. This property is subject to strict income eligibility requirements, County approval, and a 45-year Resale Restriction Agreement. THIS IS A RESTRICTED BMR PROPERTY, NOT A TRADITIONAL MARKET-RATE SALE. Buyers must meet Contra Costa County's household income requirements and obtain County approval to purchase. Income from all household members age 18 and older will be considered, regardless of whether they are on title. BUYER MUST PURCHASE THE PROPERTY TO LIVE IN IT AS THEIR PRIMARY RESIDENCE. NO INVESTORS. The property is subject to a 45-year deed restriction, occupancy requirements, rental restrictions, and limitations on future resale prices. 2026 Household Income Limits: 1 person: $113,950; 2: $130,250; 3: $146,500; 4: $162,800; 5: $175,800; 6: $188,850; 7: $201,850; 8: $214,900. Property is being sold strictly AS-IS. Seller will not make repairs or pay for inspections or reports. Buyers must qualify under the County's affordable housing guidelines. Final eligibility is determined by Contra Costa County. Income limits and program requirements are subject to change.

Additional Information

HOA
340
Frequency
Annually
Association Amenities
Other
Heat
Gravity
Cooling
Yes
Cooling Description
See Remarks
Exterior Construction
Stucco
Patio
Patio
Roof
Shingle
Garage Spaces Total
2
Attached Structure
Detached

Listing courtesy of Listing Agent: Marco Rodriguez (marco@mvrod.com) from Listing Office: Genesis Real Estate.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.