What feels like ages ago on April 11th, I wrote about 2342 42nd Avenue:
…in August of 2006 this property was listed at $1,095,000, then in March of 2007 listed at $899,000, now it is listed at $1,295,000. If it sells at $1,295,000, I’m packing up and moving to Mexico, because that would be just plain wrong. It should sell around $775,000 or less. That is a fair price. It has no ocean views, is hardly high-end, literally shares a fence with a school, and could definitely use some “modernizing”. Other than that, it is a great house…
That was then. I’m packing my bags, but not boarding the plane. It just sold for $990,000!!!! This is truly amazing. I can’t even believe it. Not at all. Comps and price per square foot support it (I guess), but it is NOT a “$10,000 shy of $1M” house. WOW! That’s all I can say…wow.
–2342 42nd [MLS]