Tuesday, September 30, 2008

Another one that would've blown my mind back in '07

4731 BURNET AVE, Sherman Oaks, CA 91403
MLS # 08_310299

Beds: 3
Baths: 3
Sq. Ft.: 2,033
Lot Size: 7,650 Sq. Ft.
$/Sq.Ft.: $344
List Date: 08/25/08
List Price: $700k
Last Sale: 12/29/06
Sales Price: $725k

At $344/sq.ft. this home is moderately priced. It's a lovely little neighborhood and if the market were more stable I'd be all over this. It's a nice big lot. Sure the house needs some updating but it's got good square footage. You never would've seen this type of listing in '07. Note that they've only held the property for less than two years and it's a short sale. I am seeing foreclosure all over this one. Look for it to be listed under $700k soon.