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Liz Pendens
2010 Jun 13, 11:14am
WHOA... can someone explain what is going on here? Look at this update - WTF?? :
Property History for 28 Smith Ln
Date Event Price Appreciation Source
Jun 04, 2010 Listed $239,999 -- MLSLI #2297797
Jun 04, 2010 Sold (MLS) $81,000 -- Inactive MLSLI #2285401
Apr 27, 2010 Listed $55,000 -- Inactive MLSLI #2285401
Mar 02, 2007 Sold (Public Records) $340,000 18.8%/yr Public Records
May 19, 2005 Sold (Public Records) $250,000 -- Public Records
Glad to see there's another Patrick.net reader in (or keeping their eye) on the Long Island market. Some of the histories on redfin are totally baffling. I don't blame redfin, I think there's all sorts of wacky things going on between the banks and cash investors.
Well now, who says bargain properties aren't available here in (far reaching) metro New York?
http://www.redfin.com/NY/Middle-Island/28-Smith-Ln-11953/home/21166103
This area is crack land central. But whatever. Let me try my hand at Realtwhore speak:
'Adorable fixer upper with endless possibilities! Bring your tool belt and enjoy super private wooded backyard or drinks by the fireplace! Recently remolded bathroom. Home comes furnished! Hurry, won't last!'
And here's my #1 favorite part: the 84% depreciation in a mere 3 years! Thanks for picking up the bank tab, guys!
Property History for 28 Smith Ln
Date Event Price Appreciation Source
Apr 27, 2010 Listed $55,000 -- MLSLI #2285401
Mar 02, 2007 Sold (Public Records) $340,000 18.8%/yr Public Records
May 19, 2005 Sold (Public Records) $250,000 -- Public Records