Where’s the Bottom Blog

February 5, 2010

DEAL OF THE DAY

I am thinking Milwaukie is hot.  This little house has a lot that was in the middle of partition and plans to expand the home in the middle of permitting.  Finish the remodel, and resale as an investment to someone.  Finish the partition and make some bank.  I would get the info on the lot partition back in order, finish permitting and doing the addition.  Buget 40k for both. 

House address is 6825 SE Jennings Ave

Tax V on the little house is only $193,720

Eppraisal is wet $173,721

Zillow is closer $248,000

Cyberhomes is a bit low $215,888

Budget 40k for full meal deal, or 30k for remodel finish.

Current price $140,135

MLS#10010226

February 4, 2010

Deal of the day

You are looking at one beater of a house.  864sf 2 br 1 ba.  It was marketed as a short sale before going bank owned so I am sure some of you have seen it.  Not a looker, but the price is right.  There appears to be some fixes done, as if a flipper was rubbing magic flip lotion on it.  Nuf said, lets check out some stats.

Address: 9635 SE Knight

Tax Value is nice and low for buyers $114,640

Eppraisal may get it’s values from tax $102,436

Zillow is closer at $146,000

Cyberhomes is at $136,719

I call this home fixed at $145,000

Repairs?  I need to go look but best plan for $25-30k

Current Price…..$69,800

This is a buy at $70,000

MLS#10010053

February 3, 2010

DEAL OF THE DAY

Filed under: DEAL OF THE DAY — Tags: — Rick @ 3:09 pm

For all of you S’East mongers.  This is a decent little ranch.  Sold for 184k in 06.  Was listed all last year as a short sale.

9311 SE Clay

Tax Value $191,200

Eppraisal Value $176,547

Zillow Value $190,500

Cyberhomes Value $180,477

Current List $119,900

Estimated Repairs $15,000

MLS#10007789

February 1, 2010

DEAL OF THE DAY

Filed under: DEAL OF THE DAY — Tags: — Rick @ 4:12 pm

This plex is a find!!!  Sold in 06 for 280k/ 45 days on market.  Been owner occupied on one side until lost to the bank.  The price is chilling.  It will be pending this week with multiple offers!!!  Get in and get some.

2644 NE Crocus Ct.

TAV – $ 246,670

Eppraisal Value $ 253,447

Zillow Value $ 258,000

Cyberhomes Value $ 249,571

Current List price $104,900

Repairs?  Depends on motive.  Fix and Sell, or Fix and Rent.

Call Airika for a showing today!!!

MLS#9032814

January 29, 2010

DEAL OF THE DAY

Filed under: DEAL OF THE DAY — Tags: — Rick @ 7:59 pm

What ever you do….do not offer under ask.  Multiple offers will come.  Get out there, look at this place.  This picture is from 2005.  The current listing does not have a pic.  By the time they post it, this will be sold.  4 br 2 ba fixer.

7806 N. Hodge.

TAV-  $237,990

Eppraisal Value $231,523

Zillow Value $253,500

Cyberhomes Value $205,333

Current list $124,900

Go get it!

MLS#3066930

January 27, 2010

DEAL OF THE DAY

Filed under: DEAL OF THE DAY — Tags: — Rick @ 2:22 pm

For those of you N’Portlanders, here is a little 3/1 under 90k!  It sold in 06 for $164,500, relisted bank owned Nov 09 and went pending in early Jan.  BOM now, who knows why.  I have been in it, and I gotta tell you….not that bad. 

6255 N Olympia

Tax Value $163,200

Eppraisal Value $162,428

Zillow Value $185,000

Cyberhomes Value $148,289

Current List $88,000

Estimated Repairs $20,000

MLS#9086746

January 26, 2010

DEAL OF THE DAY

Filed under: DEAL OF THE DAY — Tags: — Rick @ 4:32 pm

This one was a deal the other day!  It went pending on 1-22 and is back on market.  HURRY!!!  Do not miss this.  It is a house and a RECORDED lot of record in back.  Go in at 2k over ask.  The house is done, put 2k into finishes, and yard.  Relist with Airika and sell the house.  The lot…sell it, keep it, build it. or stuff a double wide in back and keep as a rental! 

Tax Value $194,370

Eppraisal Value $233,156

Zillow Value $192,500

Cyberhomes Value $180,883

Current List $160,000

Repairs to house….$2-5k…

LOT comps are 45-75k here.

MLS#9093509

January 25, 2010

DEAL OF THE DAY

Filed under: DEAL OF THE DAY — Tags: — Rick @ 4:25 pm

This beaut in the Woodstock/Duke area went pending pretty fast.  I imagine it was a retail buyer that got freaked out when the South wall came up on inspection and backed out.  Yes, the upper neighbor is being retained by a wall that is coming down.  Figure out how to resolve the issue, share expenses with him, and make a base hit here. 

7026 SE 69th

The bank had to buy at auction for $234,428

Tax Value $200,830

Eppraisal Value $173,330

Zillow Value $189,000

Cyberhomes Value $181,901

Current Price $124,900

Estimated repairs $20,000

MLS#10000721

January 24, 2010

DEAL OF THE DAY

Filed under: DEAL OF THE DAY — Tags: — Rick @ 4:11 pm

I don’t typically do townhomes, but if you are looking to buy, rent and hold this one may be of interest. 

Sold in 06 for $188,200

Current price $ 99,900

Rent estimate 1325 mo.

Yea, that covers.

Zilpy now directs their rent searches to www.finestexpert.com and here is the rent link.

http://www.finestexpert.com/rental-property/For-Rent/161%20sw%203rd%20ave,%20canby,%20or

Nice 3/1.1 built in 1992.

161 SW 3rd Ave, Canby.

MLS#9089306

January 23, 2010

DEAL OF THE DAY

Filed under: DEAL OF THE DAY — Tags: — Rick @ 4:22 pm

Who says short sales are hard?  I do.  But this one is approved at the list price and ready to go.  This one is in the Alberta Arts Community, on Killingsworth.  A 3 br/ 2 ba with 1360sf finished.  Gas heat.  

I am getting some grief not putting the addresses in here.  By popular demand, here you go! 

735 NE Killingsworth.

Tax Value is $228,770

Eppraisal is nuts…$280,772

Zillow Value $240,  

Approved at $160,000

I would do inspection, and addendum accordingly.

I have not been in this one but this area is hot.

Older Posts »

Blog at WordPress.com.