It has been a very busy week for me. Work has been crazy and I have been very active in my homeowners association working on some problems in the community. As far as the condo I wanted to purchase, I remembered that my neighbor a couple of houses down is a real estate agent. I went over and gave him the MLS number for the property. He did a little research and spoke with the listing agent. It turns out, there is a big investor that put in an offer for the entire complex. The property is no longer available but he is checking to see what other listings he can find in the same price range. Today, I found another home that may be a good deal. Check out the picture and the details below:
This house is a 2 bedroom, 1 bath bungalow. The house is fully renovated and is listed for $33,900. It has been on the market for 93 days. The originally went on the market for $54,900 and was reduced to $44,900 on 8/30/2007. It was reduced again to $33,900 on 9/26/2007.
Eppraisal lists the value range of $111,238-$150,498 with a middle value of $130,868. Zillow lists a tax assessors value of $69,700 (40% of market value).
Housefront lists a value range of $119,000-$131,000 with a middle value of $125,000
I am emailing this listing to my realtor now and will let you guys know what happens.