Mill Valley Possibilities Pt. 2
I originally blogged this Mill Valley POS back in mid-May, 2006. Back then it was listed at $625,000. It was taken off the market and is now back (oh boy!) with a new price tag of $615,000. Same house (nothing has been done to it during the last four months), same write-up (I guess the realtor thought she had a real winner with the original write-up), but a new -1.6% drop in the asking price. Wow, that's a really generous price reduction Mr. Seller. How about getting real?It's a good thing I noticed this otherwise unsuspecting people might think this is a new listing with none of that 228-days-on-market stigma thing.
posted by Marinite at 9/05/2006 07:51:00 PM
9 Comments:
I love the whole bogus price reduction thing on Ziprealty. They're manipulating it as a new marketing gimmick. My favorite is MLS# 20631211, a POS currently on the market for $1.15m. The "price reduction"?:
"8/29/06 Price increased: $1,099,000 to $1,230,000
8/29/06 Priced reduced: $1,230,000 to $1,150,000"
What a bunch of realtwhore BS.
Reminds me of Macy's. So bad they now post notices that "original price" may not have resulted in sales, i.e. original price $99, NOW ONLY $49.99.
My favorite in unusual pricing (not to mention the wrong direction) is an old bungalow on busy 11th Street (likely a tear-down for condos) in Santa Monica. The seller looks something like a Hobbit; perhaps that's an explanation?
$1,498,640 - 4/21/06
$1,502,640 - 6/30/06
$1,505,820 - 9/6/06
Hey - how about this gem in Mill Valley - just listed under MLS number 20632072: 1 bedroom, 1 bathroom, a total of 856 square feet, listed for a mere $1,100,000. That's $1,285.00 per square foot for this "heart throb." True, there's an un-permitted shack out back and it's a big lot, but note that there are no included pictures of the interior. Must be a real find...
That is really hideous - and that external stairway looks like a deathtrap. I weep for what has become of Marin County. It has always been a rather silly place, but still loveable for all that. Now it's just a pathetic joke.
Anon -
Thanks for the lead. I'll imortalize it with its own post.
I hugely value the contributions of readers. Reader contributions allow this and my other blog to catch more of the interesting stuff than one over-worked blogger who has limited free time for blogging.
Thank you.
My pleasure. I'm glad you added this to your blog. The "heart throb" POS is in my neighborhood and I simply had to laugh out loud at the asking price after pulling the flyer. I just don't know what the seller and agent are thinking here. Perhaps it has something to do with another over-priced listing on the same street ($1,350,000)... check out the roof on that one - MLS number 20625602.
Original wood shingle. Dates to the 70s or earlier. Nice.
I enjoyed the first comment on the original posting in mid-May.
'Pothead' could tell that this house would probably sell for over $700K. Figured it was underpriced.
Gives potheads a bad name.
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