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Monday, October 17, 2011

Agent Owned Flip Finally Clears

I last featured 942 26th back in February 2011

Previous Purchase: 10/31/05 - $1,549,000

This flipper listed the house for sale in early 2008 for $2.3mm, 2010 for $1.875mm and 2011 for $1.985mm before finally listing it for a fourth time on 7/20/11 for $1.595mm

SOLD: 10/10/11 - $1,600,000

So basically this person took the majority of their loss in the form of all the upgrades they did to the house. Sounds like they could have poured in a lot of money...

completely renovated & expanded in 2007. The major remodel was finished with attention to all the details!Gourmet kitchen with granite counter top, travertine floors. Master suite with his and her walk-in closets, spa tub, walk-in shower

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