JUST SOLD! 2865 Downing Street, Historic Avondale

 

2865 Downing Street, Jacksonville, FL
2865 Downing Street, Jacksonville, FL

2865 Downing Street MLS-2

This wonderful 3BR/1BA bungalow went under contract in only 9 days! Demand for bungalows in Historic Avondale and Riverside is very high. The house sold for $181,000 and buyer and seller agreed to share the cost of a new roof.

The owner made some smart improvements including updating the kitchen and refinishing the hardwood floors before putting it on the market. The house also had a nice fenced yard. If you’ve got a house you’re considering selling, let me know. I can be reached direct at 904-252-5181.

You’ve Got Something I want!

1303 Edgewood Avenue, Jacksonville, FL 32205
3BR/2BA Bungalows in Historic Avondale are in HIGH demand!

I’ve got a buyer looking for a 3 bedroom / 2 bath bungalow in the Avondale neighborhood of Jacksonville, FL priced under $275,000. In case you didn’t know, this is a HOT price point in the market right now and the inventory of homes like this is in VERY short supply. There are only 12 currently listed and many of those are in poor repair or not in a great location.

The second bathroom and/or the third bedroom is what makes the difference. There are plenty three bedroom, 1 bathroom bungalows on the market and a few 2BR/2BA homes but a 3BR/2BA home is highly sought after home right now and, particularly if it’s in good shape, you can command top dollar.

Please call if you’re interested in selling – I can deliver a pre-qualified buyer right to your front door!

Stunning Riverfront home in Historic Avondale Comes on the Market!

Dock on the St. Johns River for 3554 Richmond Street
Dock on the St. Johns River for 3554 Richmond Street

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Fantastic Two Story Red Brick Georgian Home comes on the market in Historic Avondale!  Click here to see this lovely renovated home that’s located on perhaps one of the most desirable streets in the Heart of Avondale. Richmond Street is great for a lot of reasons. It’s a “true neighborhood” where children play, people walk their dogs and ride their bikes and the neighbors know each other. It’s also an incredible spot because you are only two blocks from the Shoppes of Avondale where you can walk up to get a cup of coffee, a bite to eat, buy a new dress, a gift for a friend or get a haircut at the brand new “old fashioned” barbershop that just opened. Or, if you’d rather stay in, then enjoy a beautiful riverfront view from nearly any room in the house. Gather some friends for dinner and everyone can hang out in the open “cook’s kitchen” or take the boat out for a sunset cruise and enjoy the sparkling lights of downtown Jacksonville as day becomes night. The possibilities are endless. Call us today for a showing of this lovely home in Jacksonville, FL!

FOUR Closed Sales this Week In Avondale & Ortega – Two were at FULL PRICE!

1463 Ingleside Avenue - Sold for $310K
1463 Ingleside Avenue - Sold for $310K
  
3873 Oak Street, Sold for $177K
3873 Oak St. Sold for $177K

 

4922 Morven Rd. Sold for $250K/Lot Value
4922 Morven Rd. Sold for $250K/Lot Value
Villa Riva, Unit 105, Sold for $775K
Villa Riva, Unit 105, Sold for $775K

 

 

 

 

 

 

 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!

SOLD – For Full Price in Avondale!

1463 Ingleside Avenue, Jacksonville, FL
1463 Ingleside Avenue, Jacksonville, FL

We had a wonderful closing today on our listing at 1463 Ingleside Avenue in the lovely Avondale neighborhood of Jacksonville. It was one of those rare closings where both the buyers and sellers were at the closing table and both were very happy about the transaction. In our fast paced world, we often have MAIL AWAY closings (where neither buyer nor seller actually attends the closing) or closings where either the buyer or seller signs “in advance” and the closing only has one party in attendance.

The house was listed at $310,000 (and SOLD for $310,000) and is a lovely two story residence within walking distance to the shoppes of Avondale that has 3 bedrooms, 2.5 baths, renovated kitchen, family room, large master bath, a guest house AND a 1.5 car garage — Wow! The buyers recognized the value and offered full price.

Thank you to our sellers and congratulations to the buyers — we look forward to having you in the neighborhood!

Monday Morning Market Report – Week Ending 10/4/09

Week ending Oct 4th sales data
Click to see graph

As I study this past week’s activity in the Avondale, Ortega and Riverside real estate  market, the thing that “jumps” out at me is the large number of price reductions. There were 19 price reductions in the past week.

 One of them was incredible. I wrote a post last week about an amazing price reduction on a piece of waterfront property on Woodmere drive. Last week it had been reduced to $675K which I thought was incredible!  It was reduced AGAIN this week to an even more amazing $599K! If anyone is out there reading my blog, PLEASE call me at 904-252-5181 about this property — it’s an amazing value!

There were 12 New Listings this week, one of which stands out as a great value. shirley avenue houseThe property is located in a very desirable little pocket called Fairfax Manor and is priced at only $178,000. The house has 4Br/2Ba’s in just over 1,300 sf and is on a 60 x 125 lot. The asking price is only $132 per square foot and it’s on Shirley Street between Herschel and Woodmere.
A 1,643 SF brick home on Shirley just sold for $190K at the end of September so there’s a “fresh” sale nearby to compare this to!

The next category we have is Closed Sales. We had 4 this week ranging from a 2,105 SF 3BR/2BA house at 1369 Hollywood Ave. that sold for $175K to a 2,064 SF 3Br/2Ba on Post Street that sold for $283K.

Finally, we had 3 Pending sales this week ranging from a 1,424 SF duplex in Riverside at 2577 Haldumar that was listed at $89,900K to an 1,897 SF 3Br/2Ba brick home at 5015 Ortega Blvd. The list price on this house was $339,900. Stay tuned to see what these houses sell for in the weeks to come!

Run – Don’t Walk! Waterfront Deal in Ortega!

running_manRun! My last post was dedicated to an unbelieveable deal in Ortega on Yacht Club Road. Today….another phenomenal opportunity. On Woodmere Road, a buildable lot with 100 feet of water front has been reduced to $675,000!

 Hard to believe! Imagine that in 2007 this property was listed for $1.2 million — now it’s almost half price! The property is located on a wonderfully little quiet street between Avondale and Ortega and the dimensions are 100 feet on the water and 213 feet deep. woodmere road

The house on the property would need significant restoration but most people would want to tear it down. I heard in my office yesterday that two water front parcels have offers on them (not public knowledge yet) so if you’ve been waiting for the bottom, this may be it! The benefit of working with a professional realtor is that I often have inside scoop on what’s going on. Take advantage of my insider information and don’t get left out – run to my office now and let me help you navigate a fantastic deal on water front property. Contact Allison Steilberg today at 904-252-5181 for more information about this property or click on this link to start your own search for real estate in the Ortega neighborhood of Jacksonville. Thanks for looking!