Ok. I wasn’t going to post it, but I just can’t help it.
>4450 Illinois
Beds/Baths: 2 / 1, Est Square Feet:
722 sf
Sold 3/23/2010 for 160k, PPSF: $222
A little – very little (remember size is 722 sf) paint, a slab of granite, carpet and some “Low-maintenance/drought tolerant landscaping” (more like rocks, Charlie Brown) and voila’. New LP 369k, PPSF: $511.
Please tell me how it can even come close to appraising at that price so close to El Cajon Boulevard.
Next: 3705 Swift
sold for $110,000 (06/14/2010)in City Heights ghetto.
Beds/Baths: 2 / 1, Est Square Feet: 653 sf
A can of paint, a swatch of carpet, some cheap SS and there you have it. Now LP one month later, 199k.
