This quintessential Avondale bungalow in Historic Avondale went under contract in just 19 days! 3873 Oak Street has gleaming hardwood floors, tall ceilings, fireplace, lots of natural light, renovated kitchen with gas cooktop, fabulous built in bookshelves and a bar modeled after one the owner saw in San Francisco. Brand new AC system including all new ductwork, icynene insulation in the attic and major electrical updates have been made. Fabulously located within walking distance to the shoppes of Avondale and also to Boone Park.
3 bedrooms, 1 full bath
1,423 sq. ft.
offered at $269,900
Don’t miss your chance to be a part of thriving Avondale – what a great place to be! Call us at (904) 252-5181, today!
The Powell Steilberg team had a banner week! We sold three of our listings, we brought a buyer to another listing, we had a contract accepted on another listing and will enter a brand new listing into the system today.
So…Four completed transactions (closings) in one week with two more on the way is a good thing! Good for us personally but also good for the state of the real estate market in Jacksonville – things are really beginning to move!
Two of the homes we sold were sold at FULL PRICE. This means that the homes were well priced, the buyers realized the value being offered and were smart enough to jump on a good deal when they saw it.
The properties were:
1.A luxury condominium at Villa Riva – Unit 105 – Sold for $775K
2. A Small Brick 2br/1ba bungalow on Morven Road in Ortega. It sold for $250K which was just about lot value – the buyer plans to tear the house down.
3. A wonderful two story home in Avondale that I wrote about yesterday. Sold for $310K. Buyers are delighted with their purchase!
4. A very special 3br/1ba bungalow in Avondale on Oak Street with hardwood floors & renovated kitchen. Sold for asking price of $177K. First time home buyers are very excited about their new home!
JUST LISTED today in the historic district of Avondale, this adorable bungalow with wonderful front porch is waiting for its new owner! Among the great features of this house are 3BR’s/1BA, totally renovated kitchen with brand new cabinets, countertops and appliances, great tile backsplash with mosaic glass inserts, beautiful wood floors, lots of windows and natural light, wide doorways, fireplace and HUGE fenced yard. This great home is also just steps away from Boone Park, minutes from downtown and within walking distance to the shoppes of Avondale. You can indulge in a frozen sweet treat at the new YOBE yogurt or a melt in your mouth BBQ sandwich at MOJO’s on St. John’s Avenue. Don’t miss it this great starter home! 1422 Rensselaer Avenue, Jacksonville, FL 32205. MLS #577242.
Please call me or Caroline for an appointment to see this very special home!
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.
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When you hear that the real estate market is slow — think again. This list of 9 homes have either been put under contract or sold within 30 days of being listed and have all occured within the last 90 days.
Note that all of the sales are under $350K. This is considered the “first time homebuyer” market and it’s been driving the real estate market since the first time homebuyer tax credit was introduced (and then expanded).
You will note that there are a mix of “normal” and “distressed” sales. The conditon of the homes range from totally unrenovated to completely renovated.
If you are a first time home buyer, I cannot imagine a better time to buy a house! First, there’s the $8,000 tax credit. This expires at the end of November 2009, so you will need to move quickly if you want to take advantage of this fantastic FREE MONEY.
AMAZINGLY LOW INTEREST RATES
Save even more money with government loans ( like FHA loans) because they require very small down payments — only 3.5% of the purchase price and now have interest rates below 4% — yes, you heard me 4%!!! This rate is for a five year adjustable rate that will then increase only 1% per year thereafter. Since national home statistics show that the average person moves every seven years, then you would only be at 6% in your SEVENTH year of ownership.
LOW PRICES If you’ve had a chance to read any of my Monday morning market memo’s, you’ve seen that there are huge numbers of price reductions each and every week. Sellers are finally realizing that the only way to “move” their properties is to reduce the price(often multiple times). I’ve seen cases many times where sellers take reduction after reduction and nothing happens. Then, when they hit that “magic” number, the market takes notice and offers start flying in.