Can you even imagine.
These are some of the property transactions in Watertown, NY that have closed within the last couple of weeks. You will noticed that many have only been in the seller's hands a couple of years or less.
Price: $127,900
Built in 1920, 2.5-story, 4 bedrooms
Purchased June 2004 for $69,900
Land Assessment: $13,100
Total Assessment: $74,400
Price: $91,000
Built in 1928, 1.5-story, 3 bedrooms
Purchased in Feb. 2001 for $42,500
Land Assessment: $17,300
Total Assessment: $91,600
Price: $44,000
Purchased in June 2004 for $20,400
Land Assessment: $3,950
Total Assessment: $20,400
Price: $120,000
Built in 1890, 2-story, 4 bedrooms
Purchased in Dec. 2002 for $51,100
Land Assessment: $18,500
Total Assessment: $70,300
Price: $149,000
Built in 1900, 2-story, 6 bedrooms
Purchased in April 2005 for $80,000
Land Assessment: $15,300
Total Assessment: $78,400
Price: $94,000
Built in 1927, 2-story, 3 bedrooms
Purchased in July 2004 for $65,700
Land Assessment: $7,700
Total Assessment: $74,700
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2 comments:
Here in Las Vegas, a former housemate purchased a 2 story, 1400 sq. foot home with three bedrooms and backyard pool in Summerlin for the price of $139,000 in 1999. In 2005, he sold it for $320,000, after paying $5-10 grand just to repaint and recarpet.
That is called staging. My house is going up for sale next month. My realtore says to ask $99,000 and take $94,000. I have to go back and finish the trim work and paint too. That will be over double from what I bought it for but then again a ton of $$$ went into it too.
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