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For new mortgages, if the downpayment or equity is less then 20% of the purchase price, the amortization cannot exceed 25 years and the maximum purchase price must be less than $1,000,000.
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8160 Lucas Road, Richmond
MLS®: R2705063
3389
Sq.Ft.
3
Baths
3
Beds
16,790
Lot SqFt
1959
Built
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Description
Famous Lucas Road just 7 houses east of No 3 Road. Quiet tree-lined street neighboring multi-million dollar homes. Large 16,790 SF NW facing lot with sunny SE parklike backyard. One owner since 1959. Solidly built 3,389 SF west coast split. 3-bdrm up, den, gourmet kitchen opening to spacious family room. Living & dining room with high ceiling. Beauty is the 22’ x 39.5’ dancing studio. Huge Livable home for now before potentially sub-dividing lot into two 8,395 SF lots, with 3,768 SF new home to be built on each. A sure-win in everyway for home owners, investors or developers!
Taxes (2021): $7,435.33
