(MLS # F1723633)
Listed at $789k
Price Reduced: 08/30/07 -- $789k to $759k
Price Reduced: 09/17/07 -- $759k to $749k (5.07% down)
(Guess that "all cash offer" went away after all, eh?)
This house has been on the market for about forty days and the agent reports that there is an all-cash offer for $720k on the table. Yet the owner is considering a price reduction. Hmmm. Something tells me that the all-cash offer will fall through. This is a 2 bed/1 bath but the agent will tell you the dining room is a third bedroom because there's a closet. This home needs significant updates and an additional bath. Zillow estimates the value at $820k -- Zillow is so very wrong here. This house is worth closer to $680k.
(MLS # F1713724)
Price Reduced: 08/16/07 -- $839,000 to $799,000
(MLS # 07_185919)
Price Reduced: 06/19/07 -- $939,000 to $925,000
(MLS # C101556)
Listed at $1.099M
Price Reduced: 09/14/07 -- $1.099M to $1.059M
And:"5 plasma TV's w/ full price purchase."
Price Reduced: 09/20/07 -- $1.059M to $998k (down 9.19%)
But plasma TV offer has been rescinded. :-(
These people really really like slate tiles. This 3 bed/2.5 house is completely upgraded. Despite it's 1,903 square feet, it feels small. They converted their two-car garage into a one-car garage plus office. The office is very utilitarian. One plus to this property is that you can buy, from the City of Los Angeles, an additional 2,000 square feet of land behind the lot. Zillow estimates the property at $938k and it was purchased for $777k last August. It just didn't feel like a million dollar house to me.
BTW, Tisha M. Greene is the Realtor and I have to say that she was very charming and I wouldn't hesitate to hire her as my own listing agent.
(MLS # F1725805)
Listed at $1.39M
This is a really beautiful 4 bed/2.5 house with a great layout. As a bonus, it has a free-standing apartment out back and a two car garage. Zillow estimates the value at $961k and it last sold at $760k in '05. The location is not fantastic, it's on a through street near Magnolia and Colfax. The location wouldn't stop me from buying the house, but it would make me hesitate to lay down a million bucks (assuming I had a million bucks to lay down). However, this is a very emotional house, somebody might pony up.