Comments on: 2801 Lake returns, new price, new look

By: thefrontsteps

thefrontsteps — Sat, 08 Nov 2008 04:31:02 +0000

sophie,

yes. that is a good assumption.

By: Sophie

Sophie — Sat, 08 Nov 2008 03:24:15 +0000

Alex, you forgot to mention the price reduction “”REDUCED $800K!”".
So the last asking price was 4.2M.

I dont see why people would overbid back to the original price once it’s a stalefish. So let’s guess its +/-5% of the last asking price.
(most likely “-” thus the undisclosed price)

By: thefrontsteps

thefrontsteps — Thu, 06 Nov 2008 02:43:58 +0000

It sold. Price “*”, means sales price not disclosed.

By: wondering

wondering — Thu, 06 Nov 2008 01:52:06 +0000

Does anyone know the status of this house? Did it ever sell?

By: sparky

sparky — Thu, 24 Jul 2008 15:21:05 +0000

Ari,

As I said, above, sounds like you are talking about everyone who responded and most thought the work was nice. So when you call people “morons” please specify.

By: ari

ari — Thu, 24 Jul 2008 03:47:47 +0000

have any of you morons went to view this property.it is beautiful ,the kitchen is beautiful and the ceiling in the dining room is a work of art. maybe in the future you should remain silent and be thought a fool than to speak and remove all doubt.i look forward to meeting our new neighbor soon.

By: sparky

sparky — Wed, 23 Jul 2008 02:32:08 +0000

Ken,

I count like 10 people liking this and 5 people not liking it in this thread. Others just question the costs, and the fake “Robin” person. Sure someone took a risk but they also stand to make some coin, and good for them.

By: ken

ken — Wed, 23 Jul 2008 02:09:32 +0000

Dear people with nothing better to do then bash others when you dont know what you are talking about. I am in the construction business and I assure you that any profit made on a spec deal is well deserved. Do you people realize the effort and risk required to purchase then completely remodel a home of this size. Noone is making 2mil on this deal. The carry costs, 250-300 per square foot, real estate sales fees, Transfer taxes, Dealing with the city-Planning dept, Dept. of inspections, moronic neighbors, etc etc. The day to day vigilance required to pull this off is more then a full time job. Every inch of that home has been carefully thought out. It shows upon viewing. That property sat on the market for quite a while. someone had the guts and the vision to make a go of it when noone else could stomach the deal. Why didnt one of you bashers buy it? So shut up and get a life. K

By: curious

curious — Thu, 17 Jul 2008 06:05:27 +0000

So if it sold in Dec ’07 for $2,580,000 and now is on the market for $4,995,000, that would be a pretty Hefty return. Any guesses what the remodel cost them? and how much should be expected for appreciation. Isn’t their asking price pretty steep?

By: hummm

hummm — Tue, 01 Jul 2008 07:14:51 +0000

I think they did a nice job with the renovation. But 5M seems like a lot of money for “impossibly bland” with no view and on the fringe of neighborhood… property taxes alone would make this place unreachable for families that this house seems to be built for.