Monday, February 04, 2008

Vacant & 4 Sale

Originally uploaded by In Shaw
The blue/grey house is up for sale for about $370K. The house is a gut job, or 1/2 gut job as it has structural issues. Then again, whose house around here doesn't have some sort of issue?
The city's assessed value of the address is $357K. It was bought in 2002 for $110K. Similar styled houses on the block assess in the $400-500K range. So it is possible, I guess, to throw $150,000 at the house in repairs and get the value of the house, however I don't think you'd be able to sell it in the $500K range , with the market being soft as a pillow and all.


At 2/05/2008 5:53 PM, Anonymous Anonymous said...

15 minutes ago, a man was working inside the house on the right. Lanky white man with a toolbelt, driving a green Ford Taurus with MD plates.

At 2/07/2008 9:44 AM, Anonymous formerly anonymous, now non-anon said...

A contractor-looking Hispanic man was standing in the front yard of the house on the right this morning; talking on a cell phone.

Oh, and has anyone noticed the "Dave's Seafood" place on New Jersey Avenue? It is looking _good_ compared to what it was.

At 2/07/2008 10:03 AM, Blogger Mari said...

OMG Yes, I've been meaning to take a picture and blog about it. It looks really nice. Let's pray for a nice 'something' that won't block the windows. The big exaust duct seems to say restaurant, if no restaurant, then ... coffeehouse (but we already have BigBear), Indian Curry takeout, or (I'm really dreaming here) all natural veggie diner?


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