It was purchased in March 2002 for $141,000. The owners obviously saw the massive failure under the dem leadership. They decided to flee. They listed it for sale in May, 2011 at a time when the dems in the ctiy said their house was worth $154,200. However, they listed it for $6,000 less than they purchased for, asking just $135,000 Despite what the city insisted their houses was worth, there were no takers even at $20,000 less. In November 2011, they dropped the asking price by $10,000, down to $124,900 Such desperation to get out of the city, the house was featured in the TU story. Well, that helped the house sell. It sold in April 2012 A whopping year later.. It sold for $106,000.
Under the dem leadership in the city, the previous owners of this house took a WHOPPING $35,000 LOSS on their house !!!!!!
So, suffering such a massive loss of money on one's house, is that indicative of a renaissance as DV claims?
Oh, by the way, the current owners, bought the house two years ago for $106,000 but are paying taxes on $154,200 !!!!
And the current assessment roll, the city INSISTS that the house is worth $125,366. Now of course, those of us who are intelligent (unlike cheerleaders for the dems who have no intelligence), it is apparent that people who currently own houses in the city have no idea that they can grieve their assessments. These current owners have done nothing, despite the fact that their home two years ago was well below what the city claims it's worth today!
Optimists close their eyes and pretend problems are non existent. Better to have open eyes, see the truths, acknowledge the negatives, and speak up for the people rather than the politicos and their rich cronies.
Listed for sale 2/12/10. YES, that IS 2010 -- OVER FOUR YEARS AGO
Listed for $409,000
A year later, 2/5/11 price reduced to $399,000 Then 8/4/12, price reduced to $375,000 Then it was glamorized in the House of the Week in Nov 2012 Then 2/12/13, asking price reduced again, now down to $359,000 Then this year, 2/26/14, asking price reduced to $349,000
Still listed, still for $349,000
OVER FUR YEARS AND NO ONE WILLING TO BUY
In the last city reassessment in about 2009, it was valued at $405,000.
Owners still paying taxes based on $405,000, never bothered to grieve, despite DRASTIC REDUCTION in value. Obviously the owners must be mucho rich
But under the dem leadership in the full market value per the city is $329,268 (but the owners are still paying taxes calculated using an assessment of $405,000).
Of course we all know that the market value on the assessment roll is higher than what houses are really worth and selling for.
What kind of realtor is Realty USA, the owners haven't even changed realtors in all those years. Can't do your job in four years, most people would be fired.
Gee, wonder if Mary Mary could do better ROFLMAO
Optimists close their eyes and pretend problems are non existent. Better to have open eyes, see the truths, acknowledge the negatives, and speak up for the people rather than the politicos and their rich cronies.
These are truths about the city that must be acknowledged.
No hiding the negatives No sweeping the negatives under the rug.
Time to open your eyes, look around, face the truths, see what is happening under the dem leadership in the city and ACT NOW TO CHANGE IT!
Optimists close their eyes and pretend problems are non existent. Better to have open eyes, see the truths, acknowledge the negatives, and speak up for the people rather than the politicos and their rich cronies.
Owner bought in 2001, listed it for sale in August 2009 asking $195,000
Then 9/18/09 price reduced to $189,000 Then 10/15/09, price reduced to $185,000 Then 11/28/09, price reduced to $179,999 Then 12/19/09, price reduced to $174,000 Then 3/19/10, price reduced to $164,500 Then 9/22/10, price reduced to $159,900 Then 4/27/11, price reduced to $149,900 Then 10/13/11, price reduced to $131,000 In desperation, attempt to sell via feature in House of the Week - read about it's connection to the Hollywood movie A year later, STILL no one wanting to buy it, 9/22/12 price reduced to $129,900 Then 11/1/12, price reduced to $109,900 Then, oh get this, 12/7/12, price reduced to $94,900 !!!!!!!!!!
Four realtors and an asking price reduction over three years of price reduction to LESS THAN HALF of the original asking price, did it sell?
NO!!!!!!!!!
Foreclosed - sold to lender.
Three months later sold to Federal Home Loan Mortgage.
Then sold to Signature Homes Inc.
Great leadership in the city, huh?
Optimists close their eyes and pretend problems are non existent. Better to have open eyes, see the truths, acknowledge the negatives, and speak up for the people rather than the politicos and their rich cronies.
Logged
