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Old 05-26-2011, 02:48 PM
 
Location: Capital Hill
1,599 posts, read 3,139,216 times
Reputation: 850

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They just put up a 'SOLD' sign on the house next door. The fellow that's flipping the house sold it for $1,300,000.00 !!!! Anyone who would buy such a house would have to be crazy, -it's not worth it. It only took three weeks for cris-sakes. Well, looks like a crazy person will be our next next-door-neighbor. You really can't call this a housing recession. My wife and I were speculating it would take a least a year, if at all !!!
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Old 05-26-2011, 02:58 PM
 
Location: Berlin, Germany
507 posts, read 1,671,309 times
Reputation: 345
well, clearly you're not a real estate expert
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Old 05-26-2011, 03:02 PM
 
9,618 posts, read 27,387,342 times
Reputation: 5382
"Well, looks like a crazy person will be our next next-door-neighbor. "

How much you want to bet he says exactly the same thing about you?
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Old 05-26-2011, 04:01 PM
 
Location: East of Seattle since 1992, 615' Elevation, Zone 8b - originally from SF Bay Area
44,711 posts, read 81,578,903 times
Reputation: 58043
Quote:
Originally Posted by Ira500 View Post
"Well, looks like a crazy person will be our next next-door-neighbor. "

How much you want to bet he says exactly the same thing about you?


Are you sure he got that much? Wait and check the county records after it closes.


Parcel Viewer
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Old 05-26-2011, 08:16 PM
 
Location: US Empire, Pac NW
5,002 posts, read 12,379,387 times
Reputation: 4125
Quote:
Originally Posted by bisjoe View Post


Are you sure he got that much? Wait and check the county records after it closes.


Parcel Viewer
Seconded. Maybe someone was flipping it because it's in "desirable" Capitol Hill.
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Old 05-26-2011, 09:42 PM
 
9,618 posts, read 27,387,342 times
Reputation: 5382
I did my detective work. Looks like Vinylly's neighbor's house sold a year ago as a major fixer for over 700,000. It's 3200 square feet, and built in 1910. I'd be really surprised if ended up selling for 1.3 million. Hasn't closed yet.
I'm not going to state the location, to protect Vinylly from having us all drop in on him for tea and cookies, but let's just say it's on a very nice street on North Capitol Hill, not far from where Benson's Pharmacy used to be. Nice old houses on North Capitol Hill and the top of Queen Anne aren't selling for what they did four years ago, but they still cost a fortune. There aren't a lot of houses like it, old, pretty, renovated houses, and there don't need to be. The vast majority of buyers out there can't afford homes like that, but it only takes one. It's funny, though. There's a bunch of brand new 800,000 dollar + homes for sale on the east side, and they're just sitting unsold.
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Old 05-27-2011, 08:28 AM
 
Location: Capital Hill
1,599 posts, read 3,139,216 times
Reputation: 850
Hmmmm...., Well, the previous owner bought the house for $24,000. So, I wonder who's crazy around here.
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