Eastside Flops (www.EastSideFlops.com)

[shannon]

I don't know what is going on with this property on Bainbridge Island. I have watched this particular property until the sale on Oct 31 of $550,000. It said it was a bank owned short sale.

http://www.redfin.com/WA/Bainbridge-Isl ... me/2198727

Three weeks later it pops up again....this time with furniture:) and it is listed at $990,000 and since further reduced to 970,000. The history on this does NOT match the history on the previous web page...confused? So am I:)
What is up with this?

http://www.redfin.com/WA/Bainbridge-Isl ... me/2198722

[barista]

Here's a double flop:

http://www.redfin.com/WA/Kirkland/13126 ... me/2071533

Nov 28, 2008 Listed $669,900 -- NWMLS #28190517
Oct 30, 2008 Sold $675,000 -2.5%/yr Public Records
Oct 06, 2005 Sold $729,000 -- Public Records
Aug 16, 2005 Listed * -- Inactive NWMLS #2
May 27, 2005 Price Changed * -- Inactive NWMLS #1
Apr 24, 2005 Listed * -- Inactive NWMLS #1

Don't know if the Oct 30 record is a refi but this thing has lost 6K in a month

[Alan]

13500 131st Pl NE
Kirkland, WA 98034

http://www.redfin.com/WA/Kirkland/13500 ... ome/452969



Nov 26, 2008 Price Changed $349,950 -- NWMLS #28170295
Nov 25, 2008 Price Changed $364,950 -- NWMLS #28170295
Nov 21, 2008 Price Changed $374,950 -- NWMLS #28170295
Nov 18, 2008 Price Changed $399,950 -- NWMLS #28170295
Nov 13, 2008 Price Changed $429,000 -- NWMLS #28170295
Nov 10, 2008 Price Changed $439,000 -- NWMLS #28170295
Oct 11, 2008 Listed $451,000 -- NWMLS #28170295
Dec 10, 2007 Listed * -- Inactive NWMLS #2
Sep 19, 2006 Sold $530,000 11.4%/yr Public Records

Price dropping quickly. Currently down 33% from last purchase.

But it is a short sale so the asking price is basically meaningless.

[perfectfire]

Nov 26, 2008 Listed $495,000
Mar 07, 2007 Sold $525,000
5.7% below 2008 price

28189135_0.jpg (24.03 KiB) Viewed 6719 times

[perfectfire]

Short Sale

Nov 26, 2008 Listed $499,950
Oct 03, 2005 Sold $500,000

$50 (0.01%) less than 2005 price

28190164_0.jpg (28.34 KiB) Viewed 6723 times

[perfectfire]

Another short sale:


Nov 24, 2008 Price Changed $574,950
Nov 21, 2008 Listed $599,950
Sep 18, 2006 Sold $605,000

5% below 2006 price

28188796_0.jpg (22.01 KiB) Viewed 6688 times

[EastSider]

Issaquah Home

Sold in Aug/2006 for $800k
Currently listed for $709k (12% drop since Aug/2006)
ZEstimate is $780k

http://www.redfin.com/WA/Issaquah/5895- ... ome/418778

[EastSider]

[rentalbliss]

This listing has 4 NWMLS #s first listed for $1.2 million, then listed for $649k, last sold 8/16/2006 for $835k, %22 loss from 2006. What are the chances of it selling at 1.2?

http://www.redfin.com/WA/Kirkland/13104 ... s-28189305

[perfectfire]

I see it originally listed at $1.4 million.

[EastSider]

Issaquah Home

Sold in Sep/2006 for $508k
Currently listed for $464k (9% drop since Sep/2006)
ZEstimate is $498k

http://www.redfin.com/WA/Issaquah/1429- ... ome/467861

[barista]

http://www.redfin.com/WA/Sammamish/2334 ... ome/261316

Dec 05, 2008 Listed $490,000 -- NWMLS #28192810
Nov 19, 2007 Sold $500,000 7.4%/yr Public Records

Lst two sellers of this property made good money out of it. But the current owner doesn't seem to be so lucky. It's a small flop now but it will see more reductions I think,

[barista]

http://www.redfin.com/WA/Fall-City/2313 ... me/2063609

Dec 02, 2008 Price Changed $975,000 -- NWMLS #28127363
Aug 20, 2008 Price Changed $999,500 -- NWMLS #28127363
Jul 22, 2008 Listed $1,095,000 -- NWMLS #28127363
Jul 22, 2008 Off Redfin * -- Inactive NWMLS #2
Jun 24, 2008 Price Changed * -- Inactive NWMLS #2
May 02, 2008 Price Changed * -- Inactive NWMLS #2
Mar 15, 2008 Relisted * -- Inactive NWMLS #2
Jan 21, 2008 Listed * -- Inactive NWMLS #2
Dec 28, 2007 Sold $1,050,000 6.4%/yr Public Records

[barista]

This just flopped last week.

http://www.redfin.com/WA/Bellevue/2660- ... ome/429807

Dec 03, 2008 Price Changed $4,299,500 -- NWMLS #28143096
Aug 19, 2008 Listed $4,995,000 -- NWMLS #28143096
Aug 17, 2007 Sold $4,300,000 39.8%/yr Public Records

[barista]

http://www.redfin.com/WA/Kirkland/8183- ... ome/282087

On market for about 15 months!!!

Dec 01, 2008 Price Changed $1,375,000 -- NWMLS #28159164
Nov 04, 2008 Price Changed $1,499,000 -- NWMLS #28159164
Sep 18, 2008 Listed $1,684,000 -- NWMLS #28159164
Aug 19, 2008 Off Redfin * -- Inactive NWMLS #2
Aug 19, 2008 Off Redfin * -- Inactive NWMLS #3
Jun 22, 2008 Price Changed * -- Inactive NWMLS #3
Jun 20, 2008 Price Changed * -- Inactive NWMLS #2
Jun 09, 2008 Listed * -- Inactive NWMLS #3
May 16, 2008 Price Changed * -- Inactive NWMLS #2
Feb 18, 2008 Listed * -- Inactive NWMLS #2
Mar 20, 2007 Listed * -- Inactive NWMLS #1
Oct 15, 2004 Sold $1,450,000 102.8%/yr Public Records