from B.O. with [our comments thrown in]
[This is a very good find and a good data point. 19th Ave properties are a tough sell as is, but add to the mix bad pricing, average remodel, out of town agent, and you have a recipe for frustration and not selling. Of course, we don’t know the full story, so we’ll just have to assume….and that is not entirely good.]
“Hi – Bought for $906,666 ($480/sqft) in July 2006 [no record in MLS of this…but no surprise there], this renovated vacant duplex came on market a few months ago starting at $1,300,000 ($687/sqft) [May and $1,348,000] then dropped to about $1,200,000 or so [$1,278,000 then $1,229,000]. The owner switched Realtors in mid stream as well. About a month ago it was taken off of MLS, and yesterday [been busy… July 31st] I notice the for sale sign was taken down too. Do you know if the owner has taken it off the market, or if it was sold (and if so, how much)? [“Withdrawn” and as far as we can tell, not sold] Personally, I am amazed that a vacant 2bd/1ba duplex TIC with a standard remodel job on a busy street like 19th ave can garner > $600/sqft. [Apparently, it can’t.] Nonetheless, I thought it would be a good data point for remodeled vacant 2-unit duplexes in the neighborhood. [It is, and we thank you for pointing it out!]”
If you have something you’d like to share, don’t hesitate to contact us.
–1684-1686 19th Ave. [MLS]