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Townhome Deal of the Day

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Brendan Moran is a real estate broker with Moran Real Estate Group and a partner with Executive Brokers. Neither he nor any company he’s affiliated with represented any of the parties or were directly involved in the transaction reported below. The source of information is Contra Costa Association of Realtors MLS. Information is deemed reliable but not guaranteed.

Address1438 Camino Peral, Moraga
List Price: $649,000
Sold Price: $660,000
Days on Market: 4
Close of escrow: 1/15/16

This three bed, two bath town home in the Casitas de Moraga complex near Moraga Commons lasted four whole days before being snatched up by a cash buyer for $660,000, $11,000 more than the asking price. And yes, that’s still a great deal. Town homes were selling in the $725,000 range on the same street just six months ago. Plus, there are no rental restrictions here, which means a savvy investor can get great rent from young families looking to get into the Moraga School District.

Listing courtesy of Jim Colhoun with BHG Mason McDuffie Real Estate.