Audacious Flips and Renovations cont'd

[Cougar]

28065659_0.jpg (20.31 KiB) Viewed 28452 times

http://www.redfin.com/WA/Kirkland/12416 ... s-28065659
Flippers are still out there - hello...... this looks like crappo! Wake up!
Is it a Gem?:lol:
Purchased Nov 30, 2007 $250,000 - Today's asking Price: $395,000

[redmondjp]

One word: teardown. That neighborhood (far North Rose Hill, just south of Totem Lake area) has a bunch of those single-story, built-on-slab, flat-roof sorry excuses for houses that are already becoming surrounded and infiltrated by newer, higher-density development. I would guess that most of these houses will gradually succumb to the wrecking ball, and good riddance, I say--whoever thought that flat roofs are appropriate for residential construction in this climate needs to have their heads examined!

[biliruben]

Honestly. It must sometimes be hard to live with yourself as a Realtor, after having to write

It must really wear you down. I can only imagine the seller insisted on way over-pricing it, and they're just going through the motions. Maybe the seller really sees what the description reads like. Deluded. Or on De lauded.

"Breathtaking Sound & Mountain views..."



"Fully remodeled..."



"Beautiful yard and covered patio...."




And all this can be yours for the low, low price of $699,950. Less than 700K!

[ira s]

Nu? So what should the listing agent have written?
" Lower middle class look, but need a CEO salary to afford it?"
Or " schlocky tasteless remodel" or " view of parking lot" or "methadone clinic nearby"?

[faster]

[mukoh]

That is an awefull price for that house.

[biliruben]

True dat. I am full of awe at the audaciousness.

[PublicEnemy#1]

Having just completed installing cabinets and countertops in my home I would say that back splash height is about 11 or 12 inches. The tiles look like 4 x4 judging by the 1 inch mosaics. In a diamond pattern they probably are about 5 1/2 inches tall.

That's a major oops.

[ira s]

Then there's this one, overlooking the Renton Fred Meyer parking lot.

http://www.redfin.com/WA/Seattle/8600-S ... ome/195864

[deejayoh]

[Cougar]

http://www.redfin.com/WA/Redmond/16680- ... ome/323293

Apr 19, 2004 $345,470 0.1%/yr
Jul 27, 2007 $558,500 15.8%/yr

Today's asking price $600,000

Beautifully renovated w/ state-of-art gourmet ktchn/granite counters/SS appl/hardwds. Not sure where agents get their "selling" verbage~ ugh.....ugly~

[deejayoh]

That's funny. I just viewed that listing. I like Mid-Century modern, so it caught my eye. Then I saw the home depot style kitchen remodel -which is totally inappropriate for the house, and thought "flipper"

[redmondjp]

[Cougar]

The worst part about this kitchen, no lighting! One single fixture in a vaulted ceiling? I can just imagine coming home at 5pm on a winter night and fixing dinner with no light to work by. And it looks like a bowling alley! The bones of the home are great, although replacement of the windows would be a huge cost. 2X4 construction means less insulation, must be chilly with a draft, wonder what the last few years winter heat bill was. And not mentioning updated plumbing? Rusty water streaming out of a new faucet just doesn't work for me. The price reflects what the owner needs to get rather than what the house it worth! Sad....

[cheapseats]

Umm... someones proud of something?

Year Built: 1984
Sep 13, 1993 $220,000 --
Nov 30, 1995 $235,000 3.0%/yr
Feb 28, 2003 $383,150 7.0%/yr
Apr 03, 2006 $508,000 9.5%/yr
2008 Price: $849,950

40K higher than the high Zestimate

http://www.redfin.com/WA/Seattle/2110-N ... ome/304234