Scotts Valley, CA
The subject property is 5 bed, 4 bath, 4,800 square foot home in a gated community of Scotts Valley, CA. The home sits on a 1/2 acre lot with expansive mountain views of Santa Cruz to Monterey from the master suite.
The shell of the property was originally built several years ago and Hamilton Ridge provided the purchase financing. In addition to the $435,000 1st, Hamilton Ridge lined up a $290,000 2nd to provide capital for improvements. The borrower spend several months renovating the home with high end flooring, kitchens, baths, and landscaping. The finished property sold for $1,312,500.Back