House of the Day: 75 Fenimore Street
Here’s an interesting FSBO. The 1,872-square-foot brick house at 75 Fenimore Street is a comfortable-looking four-bedroom with its own driveway and garage. According to the Prospect Lefferts Gardens Historic District Designation Report, the house, which was built around 1920, is particularly notable for its “steep slate mansard roods and ornamental doorway enframements.” The asking price…
Here’s an interesting FSBO. The 1,872-square-foot brick house at 75 Fenimore Street is a comfortable-looking four-bedroom with its own driveway and garage. According to the Prospect Lefferts Gardens Historic District Designation Report, the house, which was built around 1920, is particularly notable for its “steep slate mansard roods and ornamental doorway enframements.” The asking price of $825,000 seems reasonable to us, but none of the similar houses to either side have changed hands in recent years so close comps aren’t available; a three-story brownstone across the street at 74 Fenimore Street changed hands for $550,000 in 2003. Think this’ll move at this price?
75 Fenimore Street [FSBO] GMAP P*Shark
There is some measure of truth in 6:30/6:43’s ranting. (Although his written English is embarrassing.)
7:11 So you couldnt just agree or disagree like a normal poster?
So let me get this straight:
Since both PLG and Park Slope are equally safe says Bob Marvin…so this house is half or 1/3rd the price of a similar house in Park Slope because??
Simply because it is undiscovered?
Sounds idiotic.
If this neighborhood were as safe or as desirable, it would not be 825k.
Let’s not be stupid.
Peopel who use fringe to describe a neighborhood have never been to that neighborhood.
Stop talking out your ass you tWhat, aka asstWhat.
some incredibly ignorant posts on here today.
so you think people buying 2-3 million dollar properties in park slope were using subprime mortgages?
lord where do we begin to edumacate you.
[2:19] I mean “the NY Times”
[2:19] There is some measure of truth in 6:30/6:43’s ranting. (Although his written English is embarrassing.) Fortunately, people are still buying townhouses around here in order to live and not to flip.(See Zillow @34 in the past 6 months.)
Also, anyone concerned about crime stats might check out NY the Times:
http://www.nytimes.com/packages/html/nyregion/20060428_HOMICIDE_MAP.html
Sadly, PLG has had from 1-2 homicides per year since 2003. I wish it were 0. None were close to 75 Fen.
Poor Joe Schmoe was not educated enough and did not realize it was a scheme all along for his dumb ass to be pushed out.
There was no bubble just a well thought of plan to create a 2 class society. The filty rich and the stinkin poor to serve hot dogs at stadiums.
I’m brick rich Beeyatch!
6:19,
We actually have a lot we can agree on. I too THINK I’m a sane man, but I’ll be the first to admit that I’m a neighborhood booster–big time!
I don’t know about the blinders though 🙂
BTW, I DO believe what I wrote and although I’m slightly disappointed that everything I always wrote will carry less weight with you now–I expect that I’ll get over it.
Prices will never fly high in such a short time as they have in the past 14 years because lenders will never again hand out money to deadbeats with no credit and no money down. That party is over for good, and thats the ONLY thing that made real estate boom like it did. When unemployed Joe Shmoe could buy an 825K house with no money down and make a couple payments before he went into default then sellers could get that kind of price for any piece of crap property in any crappy neighborhood, including park slope which was crap until a few years ago when the gays came and cleaned it up (and most likely on liars loans but during a time when they could be flipped easily). Now its a different story. Flipping as we knew it is over. Only credit worthy people can buy these now with 20% down the normal way, so buyers have dried up and sellers holding these will just keep on holding them or else go into foreclosure like you are seeing everywhere because they really couldn’t afford them anyway. The idiotic rise in values had NOTHING to do with values really increasing, it was because of the easy credit which is now gone. A few suckers still out there but not many. Good luck if you missed the flipping boat and bought high. You or the bank will be selling low.