Equity Stompin' Comp Killers

[femto]

[deejayoh]

[mike2]

[Enatai Renter]

[Alan]

http://redfin.com/stingray/do/printable ... id=1437106

1600 SW Dawson St
Seattle, WA 98106

Last sold 12/17/2007 for $409k.
Currently asking $345k.

15% price drop in a month and a half.

[rudekick]

More Sno-Ridge pain:

7426 PINNACLE PL SE
Snoqualmie, WA 98065
MLS# 27185478
Pending: $575,000

http://www.zillow.com/HomeDetails.htm?zprop=63338639

Sold 06/28/2005: $719,950

I have to think that something weird happened here... (Though they lowered the price from 700k to 575k in November...)

[Scuba Steve]

http://redfin.com/stingray/do/printable ... id=1167087

12818 65th Ave S, 98178, 1,780 square feet
Last Sale - Sept 29, 2006 at $401,000
Put on the market on Sept 27, 2007 at $299,000
Now listed at $250,000

Somebody lost a lot of money here.

[Alan]

Almost all of these south/south of Seattle.

-14.5% http://redfin.com/stingray/do/printable ... id=1299383
-14.5% http://redfin.com/stingray/do/printable ... -id=866166
-20.1% http://redfin.com/stingray/do/printable ... -id=832764
-14.0% http://redfin.com/stingray/do/printable ... id=1394169
-11.0% http://redfin.com/stingray/do/printable ... id=1411840
-11.3% http://redfin.com/stingray/do/printable ... id=1041911
-10.5% http://redfin.com/stingray/do/printable ... -id=968575
-12.2% http://redfin.com/stingray/do/printable ... id=1339530
-18.1% http://redfin.com/stingray/do/printable ... id=1265228
-15.6% http://redfin.com/stingray/do/printable ... id=1337837
-37.7% http://redfin.com/stingray/do/printable ... id=1167087
-10.4% http://redfin.com/stingray/do/printable ... id=1374992
-11.1% http://redfin.com/stingray/do/printable ... id=1355882
-26.8% http://redfin.com/stingray/do/printable ... id=1353278
-15.7% http://redfin.com/stingray/do/printable ... id=1296437
-16.3% http://redfin.com/stingray/do/printable ... id=1133545

[mike2]

4216 153rd Ave SE
Bellevue, WA 98006

Bubble sale price: Jun 21, 2006 $470,000
Current listing price: $380,000

http://www.redfin.com/stingray/do/print ... id=1168229

And here's a weird one. At first glance it just looks like any other run down older home, but check out the picture in the unfinished basement. Is that 4 makeshift single bedframes?

20707 Richmond Rd
Bothell, WA 98012



http://www.redfin.com/stingray/do/print ... id=1409908

[ayles]

[Lake Hills Renter]

Anecdote from my neighborhood. A house down the street went up for sale last week, and given the comps from last year I expected an outrageous price, particularly since this same house sold only a year or so ago. I was surprised to find that it's up for $419k. Based on last year's comps I expected more like $519k. I still think it's overpriced (the neighborhood was going for ~$225k 4 years ago), but it's definitely lower than I expected. It will be interesting to see how it does on the market.

Edit: Here's the listing: . Seems the last sale was a little longer ago than I remembered, May 2005.

[Markor]

[pumpkin]

I wasn't sure where to post this but here: just came on the market today, LOVE the photos! (in other words, photos of how trashed the house is rather than of the house itself)

http://www.redfin.com/stingray/do/print ... id=1497775

7741 14th Ave NW
Seattle, WA 98117
Price: $362,000

[Alan]

That is sad. I love those early 1900's houses.

Redfin doesn't have a very good price history for it. KC public records says that it went into bank ownership on 1/14/2008. The forclosee purchased it 11/2006 for $440k. There is no history before that.

[mike2]

Regarding the house on 14th - I bet the previous owner thought they got a screaming deal only to find out they'd bought a tear down. I can only imagine what they found in there that made them walk away.