Big loss in North Park – Piggington's Econo-Almanac

This topic has 60 replies, 8 voices, and was last updated 15 years, 3 months ago by Ricechex.

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- December 2, 2007 at 4:43 AM #11044
  
  Ex-SD
  Participant
  
  Someone paid $290k in 2/2003 for this property in North Park.
  *Sold for $453k in 4/2005.
  *Now, it’s listed for $289-$309k.
  1268 sq ft. / $228 psf
  
  Link to the property:
  http://www.sdlookup.com/MLS-076049646-3676_Bancroft_St_2_San_Diego_CA_92104
  
  On the other end of the stick, there are properties in the same general area that are asking as much as $845 psf.
  
  Link: http://www.sdlookup.com/MLS-076059337-3527_Nile_St_San_Diego_CA_92104
  
  For you doubting Thomas’……………..do you still think that many parts of SD won’t return to 1998 prices? (or lower)?
- December 2, 2007 at 6:30 AM #107160
  
  4plexowner
  Participant
  
  $289-309K is way too much for a condo (conversion?) in North Park within hearing distance of the freeway
  
  The second link is an SFR – check out the front of this house – it reminds me of Thomas the Train or maybe Robbie the Robot sticking his head up through a hole in the ground – the eyelids even have stripes to simulate eyelashes – I mean that has to be worth at least $649K!
  
  edit: click the ‘View all 12 pictures’ link – Robbie has an antenna and ears!
  - December 2, 2007 at 9:26 AM #107277
    
    HereWeGo
    Participant
    
    And to think I could have bid on one of those La Boheme beauties back in the September auction. Ah well, I snoozed, I lost.
  - December 2, 2007 at 9:26 AM #107371
    
    HereWeGo
    Participant
    
    And to think I could have bid on one of those La Boheme beauties back in the September auction. Ah well, I snoozed, I lost.
  - December 2, 2007 at 9:26 AM #107407
    
    HereWeGo
    Participant
    
    And to think I could have bid on one of those La Boheme beauties back in the September auction. Ah well, I snoozed, I lost.
  - December 2, 2007 at 9:26 AM #107409
    
    HereWeGo
    Participant
    
    And to think I could have bid on one of those La Boheme beauties back in the September auction. Ah well, I snoozed, I lost.
  - December 2, 2007 at 9:26 AM #107430
    
    HereWeGo
    Participant
    
    And to think I could have bid on one of those La Boheme beauties back in the September auction. Ah well, I snoozed, I lost.
  - December 2, 2007 at 1:00 PM #107418
    
    JerseyGrl
    Participant
    
    Toots
    
    The sellers on Nile Street should talk to the lady on Bancroft who has been trying to sell her (larger) home for several months. She started asking around 650K and is now down to 499. Still no takers. Maybe removing the bars would give it more curb appeal, ya think?
    
    http://www.sdlookup.com/MLS-076087276-3203_Bancroft_St_San_Diego_CA_92104
    - December 2, 2007 at 1:23 PM #107428
      
      HereWeGo
      Participant
      
      Looks like some lucky lender is going to experience the pride of ownership in the near future, toots.
    - December 2, 2007 at 1:38 PM #107437
      
      GoUSC
      Participant
      
      The buyer of the house on 33rd street lives in La Jolla. Probably bought it for their kid to live in. Their house in La Jolla appears to be owned free and clear so looks like that have plenty o cash. There are still lots of rich people out there.
    - December 2, 2007 at 5:29 PM #107538
      
      JerseyGrl
      Participant
      
      Toots
      
      Wow, thanks for that information Radelow. The couple living in the house don’t look like they have 800K to spend on a house (they’re very young).
      
      It still begs the question why would anyone spend that much for a crummy little house in North Park? 800K would get you a much nicer house almost anywhere in SD county. For that much money you’d think you’d get at least 2 bathrooms!!!
    - December 2, 2007 at 11:28 PM #107786
      
      GoUSC
      Participant
      
      I have come to the final conclusion that house buying is completely emotional for a lot of people and that all kinds of sales happen for no reason. I have also come to a conclusion that there are a lot of people out there with lots of money STILL, especially here in San Diego.
    - December 2, 2007 at 11:28 PM #107885
      
      GoUSC
      Participant
      
      I have come to the final conclusion that house buying is completely emotional for a lot of people and that all kinds of sales happen for no reason. I have also come to a conclusion that there are a lot of people out there with lots of money STILL, especially here in San Diego.
    - December 2, 2007 at 11:28 PM #107918
      
      GoUSC
      Participant
      
      I have come to the final conclusion that house buying is completely emotional for a lot of people and that all kinds of sales happen for no reason. I have also come to a conclusion that there are a lot of people out there with lots of money STILL, especially here in San Diego.
    - December 2, 2007 at 11:28 PM #107926
      
      GoUSC
      Participant
      
      I have come to the final conclusion that house buying is completely emotional for a lot of people and that all kinds of sales happen for no reason. I have also come to a conclusion that there are a lot of people out there with lots of money STILL, especially here in San Diego.
    - December 2, 2007 at 11:28 PM #107940
      
      GoUSC
      Participant
      
      I have come to the final conclusion that house buying is completely emotional for a lot of people and that all kinds of sales happen for no reason. I have also come to a conclusion that there are a lot of people out there with lots of money STILL, especially here in San Diego.
    - December 2, 2007 at 5:29 PM #107632
      
      JerseyGrl
      Participant
      
      Toots
      
      Wow, thanks for that information Radelow. The couple living in the house don’t look like they have 800K to spend on a house (they’re very young).
      
      It still begs the question why would anyone spend that much for a crummy little house in North Park? 800K would get you a much nicer house almost anywhere in SD county. For that much money you’d think you’d get at least 2 bathrooms!!!
    - December 2, 2007 at 5:29 PM #107668
      
      JerseyGrl
      Participant
      
      Toots
      
      Wow, thanks for that information Radelow. The couple living in the house don’t look like they have 800K to spend on a house (they’re very young).
      
      It still begs the question why would anyone spend that much for a crummy little house in North Park? 800K would get you a much nicer house almost anywhere in SD county. For that much money you’d think you’d get at least 2 bathrooms!!!
    - December 2, 2007 at 5:29 PM #107679
      
      JerseyGrl
      Participant
      
      Toots
      
      Wow, thanks for that information Radelow. The couple living in the house don’t look like they have 800K to spend on a house (they’re very young).
      
      It still begs the question why would anyone spend that much for a crummy little house in North Park? 800K would get you a much nicer house almost anywhere in SD county. For that much money you’d think you’d get at least 2 bathrooms!!!
    - December 2, 2007 at 5:29 PM #107692
      
      JerseyGrl
      Participant
      
      Toots
      
      Wow, thanks for that information Radelow. The couple living in the house don’t look like they have 800K to spend on a house (they’re very young).
      
      It still begs the question why would anyone spend that much for a crummy little house in North Park? 800K would get you a much nicer house almost anywhere in SD county. For that much money you’d think you’d get at least 2 bathrooms!!!
    - December 3, 2007 at 10:08 AM #107879
      
      kewp
      Participant
      
      Their house in La Jolla appears to be owned free and clear so looks like that have plenty o cash. There are still lots of rich people out there.
      
      Yeah but that is just dumb. You could invest that money overseas and rent something nicer with just the returns. Then buy something even nicer than that after the market corrects.
      
      I don’t get some people.
    - December 3, 2007 at 11:32 AM #108024
      
      NotCranky
      Participant
      
      Normal hts. and Northpark will be interesting. They have to some degree gentrified since that last cycle. We will see very soon, where the new crowd got the money/ability to drive prices up like that. My guess is 92116 and 92104 are about to bite the dust…like the zips to the south and southeast are doing. Why should I say that specific to that neighborhood? The dominoes are falling.
    - December 3, 2007 at 6:56 PM #108381
      
      JerseyGrl
      Participant
      
      Toots
      
      I have seen some insanity here in 92104 in the last four years, but 800K for the stucco house across the street just plain got me angry. The sellers paid 650K for it two year ago, and when they listed it for sale in May I thought they’d be lucky to get what they paid for it. Low and behold, 805K!!!
      
      We are renting an equivalent home for 1995/month. Most of the people on this block paid about 150K for these homes 10 years ago. When are buyers going to catch on that 500-800K for these homes is insane? Our next door neighbor (who bought his home 7 years ago) says we should buy because interest rates are so low. Duh?
      
      Some parts of Normal Heights are even worse than North Park. There’s some funky streets/yucky houses in 92116 too.
    - December 3, 2007 at 7:52 PM #108433
      
      Ricechex
      Participant
      
      Well, it depends on the street. Nile Street is busy and at the cross street Landis, it goes over into City Heights (but still 92104). There is a bunch of crime coming from Swift Avenue and the apartment complex in-between Landis and Swift. However, if you go just a minute over, not on Nile Street, the neighborhoods are nice. I know that house on Nile. The price is ridiculous. They are not going to get that for Nile Street. Now, if you go to some of the nicer streets…..Granada, Pershing, Alabama, Lousiana (all by Morley Field) then they might have something going.
    - December 3, 2007 at 7:52 PM #108537
      
      Ricechex
      Participant
      
      Well, it depends on the street. Nile Street is busy and at the cross street Landis, it goes over into City Heights (but still 92104). There is a bunch of crime coming from Swift Avenue and the apartment complex in-between Landis and Swift. However, if you go just a minute over, not on Nile Street, the neighborhoods are nice. I know that house on Nile. The price is ridiculous. They are not going to get that for Nile Street. Now, if you go to some of the nicer streets…..Granada, Pershing, Alabama, Lousiana (all by Morley Field) then they might have something going.
    - December 3, 2007 at 7:52 PM #108571
      
      Ricechex
      Participant
      
      Well, it depends on the street. Nile Street is busy and at the cross street Landis, it goes over into City Heights (but still 92104). There is a bunch of crime coming from Swift Avenue and the apartment complex in-between Landis and Swift. However, if you go just a minute over, not on Nile Street, the neighborhoods are nice. I know that house on Nile. The price is ridiculous. They are not going to get that for Nile Street. Now, if you go to some of the nicer streets…..Granada, Pershing, Alabama, Lousiana (all by Morley Field) then they might have something going.
    - December 3, 2007 at 7:52 PM #108574
      
      Ricechex
      Participant
      
      Well, it depends on the street. Nile Street is busy and at the cross street Landis, it goes over into City Heights (but still 92104). There is a bunch of crime coming from Swift Avenue and the apartment complex in-between Landis and Swift. However, if you go just a minute over, not on Nile Street, the neighborhoods are nice. I know that house on Nile. The price is ridiculous. They are not going to get that for Nile Street. Now, if you go to some of the nicer streets…..Granada, Pershing, Alabama, Lousiana (all by Morley Field) then they might have something going.
    - December 3, 2007 at 7:52 PM #108590
      
      Ricechex
      Participant
      
      Well, it depends on the street. Nile Street is busy and at the cross street Landis, it goes over into City Heights (but still 92104). There is a bunch of crime coming from Swift Avenue and the apartment complex in-between Landis and Swift. However, if you go just a minute over, not on Nile Street, the neighborhoods are nice. I know that house on Nile. The price is ridiculous. They are not going to get that for Nile Street. Now, if you go to some of the nicer streets…..Granada, Pershing, Alabama, Lousiana (all by Morley Field) then they might have something going.
    - December 3, 2007 at 6:56 PM #108482
      
      JerseyGrl
      Participant
      
      Toots
      
      I have seen some insanity here in 92104 in the last four years, but 800K for the stucco house across the street just plain got me angry. The sellers paid 650K for it two year ago, and when they listed it for sale in May I thought they’d be lucky to get what they paid for it. Low and behold, 805K!!!
      
      We are renting an equivalent home for 1995/month. Most of the people on this block paid about 150K for these homes 10 years ago. When are buyers going to catch on that 500-800K for these homes is insane? Our next door neighbor (who bought his home 7 years ago) says we should buy because interest rates are so low. Duh?
      
      Some parts of Normal Heights are even worse than North Park. There’s some funky streets/yucky houses in 92116 too.
    - December 3, 2007 at 6:56 PM #108516
      
      JerseyGrl
      Participant
      
      Toots
      
      I have seen some insanity here in 92104 in the last four years, but 800K for the stucco house across the street just plain got me angry. The sellers paid 650K for it two year ago, and when they listed it for sale in May I thought they’d be lucky to get what they paid for it. Low and behold, 805K!!!
      
      We are renting an equivalent home for 1995/month. Most of the people on this block paid about 150K for these homes 10 years ago. When are buyers going to catch on that 500-800K for these homes is insane? Our next door neighbor (who bought his home 7 years ago) says we should buy because interest rates are so low. Duh?
      
      Some parts of Normal Heights are even worse than North Park. There’s some funky streets/yucky houses in 92116 too.
    - December 3, 2007 at 6:56 PM #108520
      
      JerseyGrl
      Participant
      
      Toots
      
      I have seen some insanity here in 92104 in the last four years, but 800K for the stucco house across the street just plain got me angry. The sellers paid 650K for it two year ago, and when they listed it for sale in May I thought they’d be lucky to get what they paid for it. Low and behold, 805K!!!
      
      We are renting an equivalent home for 1995/month. Most of the people on this block paid about 150K for these homes 10 years ago. When are buyers going to catch on that 500-800K for these homes is insane? Our next door neighbor (who bought his home 7 years ago) says we should buy because interest rates are so low. Duh?
      
      Some parts of Normal Heights are even worse than North Park. There’s some funky streets/yucky houses in 92116 too.
    - December 3, 2007 at 6:56 PM #108535
      
      JerseyGrl
      Participant
      
      Toots
      
      I have seen some insanity here in 92104 in the last four years, but 800K for the stucco house across the street just plain got me angry. The sellers paid 650K for it two year ago, and when they listed it for sale in May I thought they’d be lucky to get what they paid for it. Low and behold, 805K!!!
      
      We are renting an equivalent home for 1995/month. Most of the people on this block paid about 150K for these homes 10 years ago. When are buyers going to catch on that 500-800K for these homes is insane? Our next door neighbor (who bought his home 7 years ago) says we should buy because interest rates are so low. Duh?
      
      Some parts of Normal Heights are even worse than North Park. There’s some funky streets/yucky houses in 92116 too.
    - December 3, 2007 at 11:32 AM #108127
      
      NotCranky
      Participant
      
      Normal hts. and Northpark will be interesting. They have to some degree gentrified since that last cycle. We will see very soon, where the new crowd got the money/ability to drive prices up like that. My guess is 92116 and 92104 are about to bite the dust…like the zips to the south and southeast are doing. Why should I say that specific to that neighborhood? The dominoes are falling.
    - December 3, 2007 at 11:32 AM #108159
      
      NotCranky
      Participant
      
      Normal hts. and Northpark will be interesting. They have to some degree gentrified since that last cycle. We will see very soon, where the new crowd got the money/ability to drive prices up like that. My guess is 92116 and 92104 are about to bite the dust…like the zips to the south and southeast are doing. Why should I say that specific to that neighborhood? The dominoes are falling.
    - December 3, 2007 at 11:32 AM #108167
      
      NotCranky
      Participant
      
      Normal hts. and Northpark will be interesting. They have to some degree gentrified since that last cycle. We will see very soon, where the new crowd got the money/ability to drive prices up like that. My guess is 92116 and 92104 are about to bite the dust…like the zips to the south and southeast are doing. Why should I say that specific to that neighborhood? The dominoes are falling.
    - December 3, 2007 at 11:32 AM #108178
      
      NotCranky
      Participant
      
      Normal hts. and Northpark will be interesting. They have to some degree gentrified since that last cycle. We will see very soon, where the new crowd got the money/ability to drive prices up like that. My guess is 92116 and 92104 are about to bite the dust…like the zips to the south and southeast are doing. Why should I say that specific to that neighborhood? The dominoes are falling.
    - December 3, 2007 at 10:08 AM #107982
      
      kewp
      Participant
      
      Their house in La Jolla appears to be owned free and clear so looks like that have plenty o cash. There are still lots of rich people out there.
      
      Yeah but that is just dumb. You could invest that money overseas and rent something nicer with just the returns. Then buy something even nicer than that after the market corrects.
      
      I don’t get some people.
    - December 3, 2007 at 10:08 AM #108013
      
      kewp
      Participant
      
      Their house in La Jolla appears to be owned free and clear so looks like that have plenty o cash. There are still lots of rich people out there.
      
      Yeah but that is just dumb. You could invest that money overseas and rent something nicer with just the returns. Then buy something even nicer than that after the market corrects.
      
      I don’t get some people.
    - December 3, 2007 at 10:08 AM #108021
      
      kewp
      Participant
      
      Their house in La Jolla appears to be owned free and clear so looks like that have plenty o cash. There are still lots of rich people out there.
      
      Yeah but that is just dumb. You could invest that money overseas and rent something nicer with just the returns. Then buy something even nicer than that after the market corrects.
      
      I don’t get some people.
    - December 3, 2007 at 10:08 AM #108035
      
      kewp
      Participant
      
      Their house in La Jolla appears to be owned free and clear so looks like that have plenty o cash. There are still lots of rich people out there.
      
      Yeah but that is just dumb. You could invest that money overseas and rent something nicer with just the returns. Then buy something even nicer than that after the market corrects.
      
      I don’t get some people.
    - December 2, 2007 at 1:38 PM #107533
      
      GoUSC
      Participant
      
      The buyer of the house on 33rd street lives in La Jolla. Probably bought it for their kid to live in. Their house in La Jolla appears to be owned free and clear so looks like that have plenty o cash. There are still lots of rich people out there.
    - December 2, 2007 at 1:38 PM #107567
      
      GoUSC
      Participant
      
      The buyer of the house on 33rd street lives in La Jolla. Probably bought it for their kid to live in. Their house in La Jolla appears to be owned free and clear so looks like that have plenty o cash. There are still lots of rich people out there.
    - December 2, 2007 at 1:38 PM #107579
      
      GoUSC
      Participant
      
      The buyer of the house on 33rd street lives in La Jolla. Probably bought it for their kid to live in. Their house in La Jolla appears to be owned free and clear so looks like that have plenty o cash. There are still lots of rich people out there.
    - December 2, 2007 at 1:38 PM #107593
      
      GoUSC
      Participant
      
      The buyer of the house on 33rd street lives in La Jolla. Probably bought it for their kid to live in. Their house in La Jolla appears to be owned free and clear so looks like that have plenty o cash. There are still lots of rich people out there.
    - December 2, 2007 at 1:23 PM #107521
      
      HereWeGo
      Participant
      
      Looks like some lucky lender is going to experience the pride of ownership in the near future, toots.
    - December 2, 2007 at 1:23 PM #107557
      
      HereWeGo
      Participant
      
      Looks like some lucky lender is going to experience the pride of ownership in the near future, toots.
    - December 2, 2007 at 1:23 PM #107569
      
      HereWeGo
      Participant
      
      Looks like some lucky lender is going to experience the pride of ownership in the near future, toots.
    - December 2, 2007 at 1:23 PM #107582
      
      HereWeGo
      Participant
      
      Looks like some lucky lender is going to experience the pride of ownership in the near future, toots.
  - December 2, 2007 at 1:00 PM #107511
    
    JerseyGrl
    Participant
    
    Toots
    
    The sellers on Nile Street should talk to the lady on Bancroft who has been trying to sell her (larger) home for several months. She started asking around 650K and is now down to 499. Still no takers. Maybe removing the bars would give it more curb appeal, ya think?
    
    http://www.sdlookup.com/MLS-076087276-3203_Bancroft_St_San_Diego_CA_92104
  - December 2, 2007 at 1:00 PM #107546
    
    JerseyGrl
    Participant
    
    Toots
    
    The sellers on Nile Street should talk to the lady on Bancroft who has been trying to sell her (larger) home for several months. She started asking around 650K and is now down to 499. Still no takers. Maybe removing the bars would give it more curb appeal, ya think?
    
    http://www.sdlookup.com/MLS-076087276-3203_Bancroft_St_San_Diego_CA_92104
  - December 2, 2007 at 1:00 PM #107559
    
    JerseyGrl
    Participant
    
    Toots
    
    The sellers on Nile Street should talk to the lady on Bancroft who has been trying to sell her (larger) home for several months. She started asking around 650K and is now down to 499. Still no takers. Maybe removing the bars would give it more curb appeal, ya think?
    
    http://www.sdlookup.com/MLS-076087276-3203_Bancroft_St_San_Diego_CA_92104
  - December 2, 2007 at 1:00 PM #107572
    
    JerseyGrl
    Participant
    
    Toots
    
    The sellers on Nile Street should talk to the lady on Bancroft who has been trying to sell her (larger) home for several months. She started asking around 650K and is now down to 499. Still no takers. Maybe removing the bars would give it more curb appeal, ya think?
    
    http://www.sdlookup.com/MLS-076087276-3203_Bancroft_St_San_Diego_CA_92104
- December 2, 2007 at 6:30 AM #107258
  
  4plexowner
  Participant
  
  $289-309K is way too much for a condo (conversion?) in North Park within hearing distance of the freeway
  
  The second link is an SFR – check out the front of this house – it reminds me of Thomas the Train or maybe Robbie the Robot sticking his head up through a hole in the ground – the eyelids even have stripes to simulate eyelashes – I mean that has to be worth at least $649K!
  
  edit: click the ‘View all 12 pictures’ link – Robbie has an antenna and ears!
- December 2, 2007 at 6:30 AM #107290
  
  4plexowner
  Participant
  
  $289-309K is way too much for a condo (conversion?) in North Park within hearing distance of the freeway
  
  The second link is an SFR – check out the front of this house – it reminds me of Thomas the Train or maybe Robbie the Robot sticking his head up through a hole in the ground – the eyelids even have stripes to simulate eyelashes – I mean that has to be worth at least $649K!
  
  edit: click the ‘View all 12 pictures’ link – Robbie has an antenna and ears!
- December 2, 2007 at 6:30 AM #107294
  
  4plexowner
  Participant
  
  $289-309K is way too much for a condo (conversion?) in North Park within hearing distance of the freeway
  
  The second link is an SFR – check out the front of this house – it reminds me of Thomas the Train or maybe Robbie the Robot sticking his head up through a hole in the ground – the eyelids even have stripes to simulate eyelashes – I mean that has to be worth at least $649K!
  
  edit: click the ‘View all 12 pictures’ link – Robbie has an antenna and ears!
- December 2, 2007 at 6:30 AM #107318
  
  4plexowner
  Participant
  
  $289-309K is way too much for a condo (conversion?) in North Park within hearing distance of the freeway
  
  The second link is an SFR – check out the front of this house – it reminds me of Thomas the Train or maybe Robbie the Robot sticking his head up through a hole in the ground – the eyelids even have stripes to simulate eyelashes – I mean that has to be worth at least $649K!
  
  edit: click the ‘View all 12 pictures’ link – Robbie has an antenna and ears!
- December 2, 2007 at 12:27 PM #107408
  
  JerseyGrl
  Participant
  
  Toots
  
  We live just south of St Augustines in North Park. I can’t figure this neighborhood out. The closer to University you get, the more apartments/condos there are and the more ghetto it seems. But there are plenty of houses still selling, slowly, for prices that don’t make sense.
  
  Like this house http://www.zillow.com/HomeDetails.htm?zprop=16975803
  
  Someone explain to me why someone would pay 800K for this stucco box? It just isn’t that nice of a house!
- December 2, 2007 at 12:27 PM #107502
  
  JerseyGrl
  Participant
  
  Toots
  
  We live just south of St Augustines in North Park. I can’t figure this neighborhood out. The closer to University you get, the more apartments/condos there are and the more ghetto it seems. But there are plenty of houses still selling, slowly, for prices that don’t make sense.
  
  Like this house http://www.zillow.com/HomeDetails.htm?zprop=16975803
  
  Someone explain to me why someone would pay 800K for this stucco box? It just isn’t that nice of a house!
- December 2, 2007 at 12:27 PM #107536
  
  JerseyGrl
  Participant
  
  Toots
  
  We live just south of St Augustines in North Park. I can’t figure this neighborhood out. The closer to University you get, the more apartments/condos there are and the more ghetto it seems. But there are plenty of houses still selling, slowly, for prices that don’t make sense.
  
  Like this house http://www.zillow.com/HomeDetails.htm?zprop=16975803
  
  Someone explain to me why someone would pay 800K for this stucco box? It just isn’t that nice of a house!
- December 2, 2007 at 12:27 PM #107549
  
  JerseyGrl
  Participant
  
  Toots
  
  We live just south of St Augustines in North Park. I can’t figure this neighborhood out. The closer to University you get, the more apartments/condos there are and the more ghetto it seems. But there are plenty of houses still selling, slowly, for prices that don’t make sense.
  
  Like this house http://www.zillow.com/HomeDetails.htm?zprop=16975803
  
  Someone explain to me why someone would pay 800K for this stucco box? It just isn’t that nice of a house!
- December 2, 2007 at 12:27 PM #107561
  
  JerseyGrl
  Participant
  
  Toots
  
  We live just south of St Augustines in North Park. I can’t figure this neighborhood out. The closer to University you get, the more apartments/condos there are and the more ghetto it seems. But there are plenty of houses still selling, slowly, for prices that don’t make sense.
  
  Like this house http://www.zillow.com/HomeDetails.htm?zprop=16975803
  
  Someone explain to me why someone would pay 800K for this stucco box? It just isn’t that nice of a house!
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