Listing Agent: Marco Rodriguez      Broker/Office: Genesis Real Estate
159 Reid Ln Richmond CA 94801
$ 643,050
  4   |    2 Full  1 Half   |    2401 Sq Feet

Listing ID

#41153597

Status

Active

Property Type

Single Family Residence

Property Style

Contemporary

County

Contra Costa

Neighborhood

RICHMOND

Year Built

2006

Days on website

2

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.
Location
Financial Information
List Price:  $ 643050
Property Features
Association Amenities:  Other
Association Fee Frequency:  Annually
Construction Materials:  Stucco
Heating:  Gravity
Levels:  Two
Patio And Porch Features:  Patio
Roof:  Shingle
City:  Richmond
Listed By:   Marco Rodriguez   Genesis Real Estate 
CA Lic#