Maximum Overbid: Severely Damaged, No Electricity, Not Habitable, But Still Top Dog
You gotta love a market (as a seller) where an agent can use the most eloquent of beautifully descriptive words to sell such a wonderful property, in such immaculate condition and still easily (likely with stacks of offers) get a property sold.
From the marketing:
A complete TEAR-DOWN! Beyond the external frame, this home is severely damaged/charred/burned from a fire last May 2014. No electricity so access is limited to morning hours only. All potential buyers to sign a Hold Harmless Agreement prior to access. Probate sale, no court, no death in prop w/in last 3 years. NOT in habitable condition, this is more than a fixer, it’s a complete tear-down!
Listed for $299,000 (that had to be a record in and of itself), this wonderful Ingleside Heights Home just closed for $485,000.
Hey! Look on the bright side…nobody died in the property…at least “within the last 3 years”, and maybe, just maybe, the city will actually let you tear the whole thing down and start fresh.
As for the rest of the top 10 Overbids, here you go.
|171 Bright Street||0/1.00/N/A||16||$299,000||$485,000||62.21%|
|1139 Green Street 1139||2-4 Units||12||$1,299,800||$1,710,000||31.56%|
|1161 York Street 1163||2-4 Units||27||$1,200,000||$1,560,000||30.00%|
|1819 26th Avenue||2/1.00/N/A||42||$775,000||$1,000,000||29.03%|
|39 Bradford Street||2/1.00/N/A||29||$998,000||$1,250,000||25.25%|
|721 Delano Avenue||1/1.00/N/A||28||$569,000||$700,000||23.02%|
|111 Harold Avenue||2/1.00/N/A||80||$599,000||$720,000||20.20%|
|526 34th Avenue 528||2-4 Units||41||$1,920,000||$2,240,000||16.67%|
|427 Parker Avenue 429||2-4 Units||58||$2,200,000||$2,550,000||15.91%|
Happy Friday, and welcome to the new look of my new site. Still a bit of dust and debris laying around, but for the most part, we’re open for business.