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Seattle Bubble Forum Archive • View topic - Eastside Flops (www.EastSideFlops.com)

Eastside Flops (www.EastSideFlops.com)

Anything and everything relating to Seattle-area real estate.

Moderators: synthetik, The Tim, Lake Hills Renter

Re: Eastside Flops- Is Mercer Island Immune?

Postby Father4 » Fri Aug 22, 2008 9:14 am

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Re: Eastside Flops

Postby cheapseats » Fri Aug 22, 2008 9:17 am

I live on MI. I will agree that there is not much to do here and think that the houses generally lack character. But I love the location, I feel generally safe walking around at anytime of day (cyclists are the largest danger), and the schools are good.

I think that you are right, that foreclosures will be less of an impact on MI, but I think that as a result, rents in places where people can afford to hang on to homes will be where you can find good deals. I seen several houses for rent here for very good deals.
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Re: Eastside Flops

Postby Ubersalad » Fri Aug 22, 2008 3:58 pm

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Re: Eastside Flops

Postby Niuska » Sat Aug 23, 2008 7:27 pm

http://www.redfin.com/WA/Issaquah/23120 ... e/12021633

It looks like this condo is not doing nearly as well as once hoped. I think it is still owned by the developer based on my driveby today. There were three on the list. I don't think it has ever been lived in.

Built in 2006. Been listed for over 1 year and has dropped 20% or $100,000 from the original listing.

Listing Price History
Date Price
Aug 11, 2007 $499,950
Sep 10, 2007 $489,950
Sep 24, 2007 $479,950
Nov 23, 2007 $474,950
Dec 26, 2007 $459,950
Feb 11, 2008 $429,950
Apr 30, 2008 $409,950
Jun 06, 2008 $399,950
Attachments
27147356_0.jpg
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Re: Eastside Flops

Postby EastSider » Sat Aug 23, 2008 10:46 pm

Bellevue/LakeMont home

Sold in May/2006 for $3.02m
Currently listed for $2.59m
ZEstimate is NA

http://www.redfin.com/WA/Bellevue/17035 ... ome/418858
Image
Last edited by EastSider on Sat Aug 23, 2008 10:54 pm, edited 1 time in total.
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Re: Eastside Flops

Postby Ubersalad » Sat Aug 23, 2008 10:48 pm

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Re: Eastside Flops

Postby EastSider » Sat Aug 23, 2008 10:53 pm

Snoqualmie Ridge home

Sold in Sep/2006 for $344k
Currently listed for $300k
ZEstimate is $342k

http://www.redfin.com/WA/Snoqualmie/830 ... ome/482878
Image
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Re: Eastside Flops

Postby EastSider » Sat Aug 23, 2008 10:55 pm

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Re: Eastside Flops

Postby Markor » Sat Aug 23, 2008 11:16 pm

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Re: Eastside Flops

Postby Niuska » Sun Aug 24, 2008 6:33 pm

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Re: Eastside Flops

Postby Ubersalad » Sun Aug 24, 2008 10:31 pm

I had a friend that bought house in Talus, although I had suggested not to. The house was bought for ~730k, any idea for comps around that area?
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Re: Eastside Flops

Postby Markor » Sun Aug 24, 2008 11:09 pm

Talus has a wide range of home types, so more info would be needed.
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Re: Eastside Flops

Postby EastSider » Mon Aug 25, 2008 5:55 am

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Re: Eastside Flops

Postby EastSider » Mon Aug 25, 2008 5:56 am

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Re: Eastside Flops

Postby EastSider » Mon Aug 25, 2008 6:05 am

Sammamish/Trossachs home

Sold in May/2007 for $725k
Currently listed for $689k (FSBO)
ZEstimate is $696k

http://www.redfin.com/WA/Sammamish/909- ... ome/439048
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