Open House Picks: Six Months Later
Comment: Not the greatest showing. Open House Picks 7/30/10 [Brownstoner] Previous Six Months Later Posts [Brownstoner]
Comment: Not the greatest showing.
Open House Picks 7/30/10 [Brownstoner]
Previous Six Months Later Posts [Brownstoner]
The other people who try to sell their house on Albemarle Ter should NOT work with a broker who own a house on the same block. This creates a conflict of interest. If the broker refuse to drop the price on his own house he will not forward any offer on the other houses on the block to his client because if lower offers are accepted it will make the value of his own property go down.
2117 Albemarle Ter sold for $460,000 on Sept. 23, 2005
2112 Kenmore Ter sold for $410,000 on Aug. 2, 2004
2114 Kenmore Ter sold for $774,302 on Aug. 21, 2008
2118 Kenmore Ter sold for $935,000 on June 2, 2008
Houses on Kenmore Ter are nicer & 30% bigger than the ones on Albemarle Ter.
Actually, 2119 Albermarle Terrace sold for $1.1M in February 2009 (filed under: “what were they thinking??!”) Prior to that, the highest sale was $815,000 for 2112 Albemarle Terrace in frothy October 2007. Otherwise, your point is well-made. I think the other owners are all looking at that outlier price and thinking, hey! why not?
Most of the houses that sold on Albermarle terrace between 2005 & 2008 sold between $460K & $700K.
One owner of one of these houses is a prudential broker and represents the other Houses for sale on the block! He bought his house for $450K in 2004. All he’s trying to do is shill the block trying to sell every houses for that stupid amount so he can profit on his own house as well!
Try hard buddy! Nobody won’t buy it at that price.