159 Reid Ln, Richmond, CA 94801
- $643,050
- 4
- BD
- 3
- BA
- 2,401
- SqFt
- List Price
- $643,050
- Status
- ACTIVE
- MLS#
- 41153597
- Days on Market
- 1
- Year Built
- 2006
- Property Type
- Detached
- Bedrooms
- 4
- Full Bathrooms
- 2
- Partial Bathrooms
- 1
- Living Area
- 2,401
- Lot Size
- 2,600
- Acres
- 0.06
- County
- Contra Costa
- Subdivision
- 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.
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Additional Information
- HOA
- Yes
- HOA Fee
- $340
- HOA Fee Includes
- None
- Style
- Contemporary
- Stories
- 2
- Garage Spaces
- 2
- Exterior
- Stucco
- Fireplace
- Yes
- Laundry
- Other
- Lot Description
- Level
- Pool Type
- Other
- Roof
- Composition Shingles
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Listing courtesy of Marco Rodriguez from Genesis Real Estate. 510-375-3172