SOLD for $550,000 on 12-23
This is a nice looking home with good bones and decent curb appeal. A short sale with Countrywide, this one will take some time to negotiate, but a bargain may be at hand.
This is 4 bedroom split, with 2 full baths on the upper level. There is an additional half bath on the main level, and a full bath in the lower (basement) level.
The yard is pretty, with some specimen plants. Someone in the past was a gardener here and there is potential to shine. The current residents have not done much to maintain the gardens but should.
The home is in desperate need of a face lift. The home is badly dated, and there is going to be some time and effort invested to remove wallpaper from various rooms and hallways. This home looks its age. At 43 years, it is beyond just cosmetic improvements, it needs attention.
Although this home has already been assigned an attorney to negotiate the short sale, at $699K they are not being realistic. This home is at least 100K overpriced. It will need quite a bit of cash to update and the neighborhood does not warrant the investment at this price.
I predict that this home stays on the market until the bank considers an offer around $550K.
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