Monday, April 06, 2009

March Settled Sales and a Piece of Good House News!



My apologies to anybody who checks on this blog for available Open Houses in the area. They made it onto the Bloomingdale listserv but for some reason over the weekend my computer or antivirus or something did not like Blogger and would not let me post here. In any case, it seems to be working now, and here are the reported settled March 2009 sales for Bloomingdale:

I am very pleased to report that the big vacant house on the *NE corner of 1st and Randolph Pl NW has gone to successful settlement. People may remember that for at least a couple of years the front yard sported a "coming soon-Luxury Condos" sign that no doubt added to the beauty of the neighborhood, especially after it was tagged with a spray painted dollar sign. Bloomingdale neighbor and REALTOR, Rod Howard with Re/Max Allegiance represented the purchasers of the property. According to Rod, the new owners plan to renovate extensively and will move in to the property. As a bank-owned asset and complete shell, the property settled for $380,000. with no subsidy toward closing. It had been listed at $429,900. and was on the market a total of 79 days.

The only other reported settled sale in Bloomingdale for March 2009 was a 1 bedroom condo unit at the Providence, at 70 Rhode Island, which sold for $230,000. (This was not my listing. I have a different unit in The Providence that I have listed that is currently still under contract.)

*Oops. Was thinking NE but originally wrote SE.

3 comments:

  1. I'm glad to hear 1727 First is finally going to be rennovated. It has been a shame to see such a beutiful building with so much potential rotting on the corner of First and Randolph. I can't wait to see how the new owners fix it up. I have also heard that 54 Randolph Pl is under rennovation.

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  2. Thanks for the welcome! It is heartwarming to see the neighborhood is as excited as we are about restoring this charming home. We had a celebratory toast in the yard after closing, and everyone passing by was so friendly. We have a big job ahead of us, and neighborhood support will be invaluable.
    We have enlisted 2nd Street neighbor, Jason Cornelius, to prepare preliminary architectural drawings, and we hope to be talking to contractors soon. But this will be a big job, so please don't expect an invitation for a summer house warming party.
    Betsy and Philippe

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  3. Congrats on the house moving to settlement--that's a good sign!

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