The mayor invites you to a party this Sunday, March 29, 2015.It's taxpayer subsidized and it's only one of the usual monthly time wasters
Once again, repeat appearances shown in green.
Also, the listing now show the previous sales too, to you can pretty much get an idea of the higher likelihood that owning in the city is more often a financial loss. Not always of course, but more often. The other thing to think about when seeing the previous sale price is that the current owners may have paid that price PLUS may have even redone a kitchen or bathroom, which means even greater loss. Buy a house for $100,000, redo a kitchen could be $35,000 and even selling it for $20,000 more than one bought it for would be a loss if one has done renovations.
Some notes:
Altamont Ave - one of those little laughs. They list it for $88,000, reduce the asking price to $79,000 (Sept 2014) and even though no one is willing to pay $79,900, they decide to increase the asking price.
Campbell Ave. Losing money? Someone bought it in summer 2009 for $122,000, put in a new kitchen, then two years later they could only sell it for $100,000! WOW. If one likes that style, it does seem like a lot of house, it will be interesting to see how much it does sell for. Especially being in a nicer neighborhood, at least Bellevue was once considered a nicer area.
Chestnut St. BRAND NEW and NO ONE willing to buy it after one whole year!!!!!!!!!! WOW Cheer cheer Rah Rah The city is improving!
This is one of those BNI houses, but it's supposed to be one of those totally high rated for energy stuff. Remember the last houses that were built like that, low selling price but the taxes were out of sight (the story might have even been posted here in years past -- somewhere on Hamilton Hill) because the assessment value far exceed the market value of the brand new houses. Now that it's built, it will be interesting to see what it's assessed for and then the tax bill.
Earl Ave will be interesting because the city had it listed in poor condition but it was assessed for $50,000. It's been redone so being near Niskayuna it will be interesting to see what it will be assessed for. So neither assessment nor taxes are listed.
9 Front St - Wow, cheer cheer, the city is improving so much that NO ONE has wanted to buy it and it's been listed for three years.
142 Front St. WOW with all caps CHEER CHEER the city is improving so much that this one was purchased in 2007 for $207,500 and the owners put it up for sale in 2009 and despite numerous price reductions and being listed for a
WHOPPING SIX YEARS there is NO ONE wanting to buy it!!!!!
It's been listed since 2009, but there were three times the listing was removed, once for 7 months, then 4 months, then 5 months. Talk about taking a financial loss!! WOW! And can you imagine the cost of the flood insurance!?!?!?!?!
Parkwood Blvd - asking price reduced after only 2 weeks! Put it up for sale after only owning it for 18 months, rather desperate to get out of the renaissance city. The owners went and put a new roof, new electrical, new sewer pipes, new full bathroom - figure $40,000 on top of the purchase price of $125,000 and they have already lost a ton of money in just 18 months. A reduction in price after only listed for 2 weeks, that's desperation No wonder they are leaving. And actually this house sold for $152,000 in 2006. EVIDENCE of falling home value in the "renaissance city."
William St - wow, you have to LOVE that 1970's paneling throughout and the formica
Logged
What an indictment! The Stockade listings are really funny. We keep hearing from the DEM morons about huge increases in value in the Stockade. All these dealers and casino managers looking to walk
