Price increases: March 2009 Archives

As promised earlier today, here's a short summary of goings-on at 1616 Cornell Drive, a pointy English Tudor on a corner lot in the East End with the following vitals:

3 bedrooms, 1 bathroom, 1,487 sqft, 4,040-sqft lot, MLS(r) #40398284, $749,500

[...] 1929 English Tudor is in the desirable Fernside neighborhood, and walking distance to top-rated schools. [...] fine architectural details, [...] updated kitchen, lots of storage, built-in cabinetry, a wood-burning fireplace [...] much more.

1616-cornell-street-view.jpg
Nothing terribly interesting about this property other than its excessive price ($504 / sqft), whose only justification is the property's previous sale price under three years ago:

Property History for 1616 CORNELL Dr

Date Event Price
Mar 05, 2009 Listed $749,500
Nov 17, 2006 Sold $740,000
Note to buyers: nothing good comes out of paying too much for your house.

Update 4/9/09: Amusingly, the price was increased to $769,500.

Update 10/4/09: Finally a teeny tiny price drop, to $720,000, after about 7 months on the market. "New low price" my foot. ZipRealty has this listing tagged as a short sale (no surprise there).

1616-cornell-craigslist.jpg




About this Archive

This page is a archive of entries in the Price increases category from March 2009.

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