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pkowen
@
2010 Sep 27, 8:03am
pkowen
@
2010 Sep 27, 8:03am
Sold for $615,000, 6/25/2010. Mortgage deed of trust is for $417,000. So they put down $198k.
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http://www.redfin.com/CA/Daly-City/90-Belhaven-Ave-94015/home/1895366
I remember chasing this house a year back. At $499k shortsale, I didn't want it. I considered it when it was a Foreclosure at $469k. But this house didn't have what others were looking for - a high ceiling so that they can renovate an in-law unit to cover mortgage expenses. That's why these houses are going for ~$550k'ish.
This guy overbid from $469k to $540k. The seller agent was helping me on this one. But still I did not desire this property. I was told by the listing agent that the second highest bid was $475k.
So this guy flips it and is attemping to sell it at $648k ! I'd like to watch him suffer a huge loss now. The highest I've seen this type of home sell in this area was for $638k. But that one was just stunning. It was in immaculate condition and fully upgraded. This was a year back.
#housing