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Archive for the 'Deals, Deals, Deals!' Category
A Short Sale Success Story in Murray Hill neighborhood of Jacksonville, FL
We recently closed on a home in the Murray Hill neighborhood for a young lady who was a first time homebuyer. The home she bought is a darling 3BR/1BA bungalow in the desirable neighborhood of Murray Hill. It was purchased by the seller in the high 100’s. After living there a few years, she tried to sell it amidst the rapidly falling real estate market and the house fell into short sale.
There was one very low offer on the home that did not get accepted by the bank but when the bank “countered” the low offer, they established a price that they would accept. This was put into the Multiple Listing Service (MLS) as a bank approved price and the young lady we were representing quickly wrote an offer on it.
After jumping through a few hoops and encountering a few stumbling blocks along the way, the sale closed in relatively quickly (about 3 months-which is for a short sale) on Friday of last week for $120K — one more property off the market, a great buy for our buyer and a happy ending to a short sale.
Two $500K+ Homes Sell in Avondale!
After a VERY quiet year in home sales over $500K in Avondale, there have FINALLY been a few sales in this price range. In the last couple of weeks, 1913 Greenwood closed for $ 586,750K and 3585 Richmond Street closed for $576K. The Richmond Street listing was with Ellen Walters of the Fred Miller Group and David Butler of Watson brought the buyers. With these two sales, the neighborhood will now have some “comps” (comparable sales) that appraisers can use and we hope that the landslide in prices has stopped. The price per square foot for these two sales was $232 and $229 respectively. The lot size of the two properties was similar.
Both of these homes were 3br/2.5ba homes with approx. 2,500 square feet. Both had garages and both had guest houses above the garage. The guest house on Greenwood was apparently in orginal condition and the one on Richmond street had some minor upgrades.
1837 Ingleside - At only $219 per square foot it's a DEAL!
We’ve got a fantastic listing on Ingleside Avenue that has 3br/2.5ba with lots of upgrades – so if you happen to have “missed out” on either one of the houses mentioned above and are still looking, please give us a call. At $644K and 2,940 square feet, our asking price is $219psf AND our guest house and garage are NEW! The two most recent sales were at $229 and $232 per square foot.
Thanks for reading! If you’d like to get the latest and greatest about what’s going on in with real estate in Avondale, Ortega and Riverside, please give us a call! We’d love to help you find or sell a home in the neighborhood!
Avondale Foreclosure Just Listed! Only $127 Per Square Foot!
Hello Again! I wrote about a great foreclosure in Ortega in my last post and now, there’s another great deal – this time in Avondale. Located at 1277 Avondale Avenue, this fabulous Tudor style house is listed for only $400K! It has approx. 3,150 square feet, 5BR/3.5BA, a renovated kitchen with granite countertops, light filled sunporch and is across the street from one of the darling “pocket parks” that Avondale is famous for. This one is sure to go quick — so please call me at 904-252-5181 or Caroline at 904-463-1898 right away! Today could be your lucky day!
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Let’s Make A Deal! Incredible Price Reduction On A Waterfront Foreclosure In Ortega!
For anyone reading this who’s been waiting for “the deal”, you can find it at the waterfront (yes, I did say waterfront) home located at 5028 Yacht Club Road in the exclusive neighborhood of Ortega in Jacksonville, FL.
Just reduced last night from $1,495,000 to $1,250,000 this waterfront home is now priced at only $281 per square foot. There have only been 6 waterfront sales in Ortega and Ortega Forest in the last year and only two in Ortega. To see these homes, click here.
The home was built in 2007 and has approx. 4445 square feet with 4br and 4.5ba. It’s got all the bells and whistles that today’s buyers seek — three car garage, granite and stainless appliances in the kitchen and an outdoor summer kitchen complete with covered terrace and waterfront swimming pool. The house is in foreclosure.
In this market, sometimes it’s hard to know a deal when you see one –a neighborhood expert knows the area and knows great values when they pop up – this is one of them so don’t delay.
If you’d like to schedule an appointment to see this house, please call me or Caroline. We’d be happy to make the arrangements.
Thanks for reading. If you’d like to go see this house or learn more about what’s going on in the neighborhoods of Avondale, Ortega and Riverside, please take a moment to subscribe to our blog. You’ll get these posts sent directly to your inbox and be the first to know about spectacular deals like this one!
SUPER Price Reduction in Jacksonville, FL – 4548 Ortega Island Drive
4548 Ortega Island Drive
When this house on Ortega Island came on the market, I fell in love immediately. From the moment you walk in the door, you are greeted by an amazing river view and enveloped by a real sense of graciousness. The proportions of this house are just right and it has great “flow”. There are 5br/5.5ba in just over 6,000 SF. It’s an outstanding house.
One of only 15 beautiful residences on Ortega Island which is just off of Ortega Forest Drive in Ortega, the house offers beautiful river views, abundant bird watching opportunities and stunning sunsets. This is a very special place indeed. To see the full details of 4548 Ortega Island Drive house, click here.
Jump on Your Boat & Go for a Cruise!
Originally listed at $3,300,000, the house is now an outstanding value at only $2,490,000 or $393 per square foot.
Thanks for reading – if you’re thinking of buying a waterfront home in Ortega Forest, there are some great homes available for sale. To see all waterfront homes available for sale in Ortega Forest, click here.
There’s a neighborhood wide open house this weekend in Ortega Forest — waterfront and non-waterfront — stop by and buy a house!
Great FORECLOSURE just listed in Avondale!
1623 Charon
Have you been looking and looking and looking — just waiting to pounce on a great deal? Here’s your chance. Just listed yesterday, this great little 3br/2ba house on a nice street in Avondale was listed for only $201,800. It has 1,725 SF with a POOL and a one car garage! Wow! At the asking price of $201,800, it’s only $116 per square foot — this is a great deal!
To see the full details of this house (and more pictures), click here.
To illustrate what a good deal this is, I blogged about a house at 1749 Canterbury Street when it was first listed last year. It, like the house on Charon, was also a 3br/2ba with a one car garage but it did not have a pool. It just sold in January of this year for $251,000 or $164 per square foot. Remember what I said about the house on Charon? Only $116 per square foot so you can see that this is a great deal.
If you’d like to make an appointment to see this house, please call me at 904-252-5181.
Thanks for reading! If you like what you’re reading, please join me for my next installment of what’s going on in the Avondale, Ortega and Riverside Real Estate markets. I’d love to learn what you’re looking for and help you find the next great deal that I spot!
Big Reduction on Darling Bungalow in Avondale
1374 Azalea Drive - Reduced to $149,900!
The MLS (Multiple Listing Service) that realtors use has a function called the daily Hot Sheet. I check this several times a day for new listings, price reductions, pending sales, etc… It’s one of the best ways to stay “up to the minute” with what’s going on in the real estate market of Avondale, Ortega and Riverside.
Today, I noticed a substantial price reduction on a darling 2/1 Bungalow in Avondale on Azalea Avenue. The house has 1342 SF and is a 2Br/1Ba. A real plus is the fact that it’s on a quiet street and has a 2 Car Garage and that’s it’s within walking distance of Boone Park. It was reduced yesterday from $179 to $$149 (a $25,000 drop)! The price is now only $111 per square foot – very fair.
Two bedroom, one bath homes are not as desirable as bungalows with 3 bedrooms and 2 baths but those are priced quite a bit higher. So…for a first time homebuyer who’s on a budget, this could be a great choice.
Please call me if you’d like to schedule an appointment to go see this cute bungalow. Time is running out for the first time homebuyer tax credit. You have until April 30th, 2010 to find your new home! Call me today.
Thanks for reading. If you like what you see, please subscribe so you get these blog posts sent directly to your inbox!
3248 Riverside Avenue – A FABULOUS New Listing in Jacksonville, FL!
3248 Riverside Avenue - WOW!
JUST LISTED! As I reviewed the new listings for the day, this one literally jumped off the page at me. It’s a WOW house at a WOW price. If you’re even THINKING of moving, please call me. The house is located at 3248 Riverside Avenue and is just beautiful. It has everything today’s buyer wants and needs — open kitchen, family room, lots of light, gracious master suite and fabulous master bath. Take a look and see for yourself – it’s a must see.
Open Kitchen with Center Island
Oh, and it’s PRICED TO SELL. With over 4,500 square feet, it’s list price is under $200 per square foot — very fair. I’d love to show it to you — please call me to schedule an appointment. Thanks!
Spacious and Serene Master Suite
Pssst……I’ve got a secret!
We realtors are always keeping our eyes and ears open for great opportunities and are often the first to know about things that will be coming to the market in the future.
Today, I learned about a fantastic condo that will soon be listed (not by us) and I’m looking for a buyer! The unit is pure luxury and priced well below recent sales in the building.
Outfitted with the best and with a New York sensibility, it will be attractive not only from a price perspective but also from a design perspective — a real gem.
Since it’s not going to be my listing, I want to be the one to bring a buyer — if you’re looking for a great condo deal, please call me — this one will go quick!
Will the Trade Up Market Be Alive Again in 2010?
1819 Elizabeth Place
Before the real estate crash, it was common for people to sell a smaller home and “trade up” for a bigger one. The real estate crash has rendered the “trade up” market nearly extinct. The price point hardest hit by this problem is in the $600-$900K price range.
This week, however, one of the few trade-ups of the year, closed.
The seller had a 2,630 SF house at 1487 Edgewood Avenue South that they sold for $475,000. The house they purchased at 1819 Elizabeth Place is a lot bigger at 4,089 SF. Because it was in short sale, they were able to snag an amazing deal and paid only $730K or $178 per square foot.
Prior to becoming a short sale, it languished on the market for nearly two years. The seller paid $1,200,000 for this house in March of 2005 and then re-listed it two years later (July 2007) for $1,430,000. They trailed the market down with successive price reductions as the real estate market weakened until the house finally lapsed into short sale status.
1487 Edgewood Avenue
The house on Edgewood was purchased for $505K in February 2005 so they took a “hit” (slang for losing money) on the sale but more than made up for it with the great deal they got on Elizabeth Place. To see the full details on both the house at 1487 Edgewood Avenue and 1819 Elizabeth Place, click here.
There are some great deals on “trade up” houses right now in both Avondale and Ortega. To see a list of them, click here.
Thanks for reading, please join me for my next adventure in the Avondale, Ortega and Riverside real estate markets.
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Recent Posts
- A Short Sale Success Story in Murray Hill neighborhood of Jacksonville, FL
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