Hah, I've got a new one for this thread. The audacious flip is back, baby!
Just up the street from me. This home was foreclosed in February 2012, sold in June 2012 for $107,000
, and is now back on the market for...
Granted, as we've been watching them fix it up over the last nine months, we've been surprised at how nice the finishes are and how thorough of a job they've been doing, even to the point of wondering if it was actually someone fixing it up to live in themselves. And they didn't just strip it to the bones inside, they did some major remodeling on the exterior, as well.
But still... the most any home has ever
sold for in the neighborhood bounded by 41st, Pacific, Broadway, and Colby is $355,000 (which was of course at the height of the bubble
The seller is dreaming. But it will be fun to watch.