Details: 3 bed/2 bath 1,596 sq ft house on a 6,000 sq ft lot
Description: This timeless craftsman is located on one of the largest lots in Ocean Park! A classic beach inspired home seconds to the sand. Enjoy this 3 Bdrm/ 2 Bath home that encompasses beautiful details throughout; including original built-in bookshelves, a cozy wood burning fireplace bordered by wooden columns, breakfast nook with glass doors & crown moldings throughout. Absolutely stunning backyard with a lush garden & a Wisteria arbor. Separate bonus room & bathroom, that is unpermitted - perfect for your own studio or home office. Build your dreams and take advantage of the Ocean views from a second level! This is truly a one of a kind home.
Previous Purchase: 6/21/05 - $1,425,000
Listing History: 10/27/11 - $1,465,000
SOLD: 12/22/11 - $1,403,000
This house went into escrow after 8 days on market. It seems like prices for more attractive properties aren't dipping any more. There are some zombies out there on the MLS and almost all of them have location problems or other major defects (which aren't being properly taken into account via much needed lower asking prices). But for the most part, when attractive properties come on the market they tend to go into escrow quickly. Seems like demand is more than sufficient to handle the slow dribble of good properties, and thus prices have been fairly stable around here for some time. Of course, buying has gotten even cheaper even with flat prices since rates keep hitting new lows. Ignore all the scary headlines about national home prices hitting new post bubble lows...things have been stable here for some time and I don't see any change to that coming.
0 comments:
Post a Comment