There are some magic moments in Key West, but there is no magic in the world of bank owned homes. For some reason kitchen appliances, light fixtures, ceiling fans, pool equipment and even air conditioners seem to disappear from most bank owned properties.
There is a new listing at 1130 Royal Street (located at the far end of upper Windsor Lane by St. Mary's Catholic Church) that is a bank owned house. The asking price is only $325,000 for this clean little two bedroom one bath cottage of 751 sq ft. The price per sq ft is a mere $433. The lot is 3430 sq. ft. CLICK HERE to read what the listing agent has to say about this property and view current photos.
It appears that the kitchen appliances and the wall unit air conditioners disappeared from this house. (See photo directly above that shows house with appliances and how it looks now.) No big deal, I guess. But there was a big ole' swim spa and outside kitchen that also vanished. (See photo above!) They are gone. But whoever removed left expensive stuff left the smoke alarms. But they took the infernal batteries. Yep, it's BEEP! BEEP! BEEP! (You have to read my blog regularly to get this one.)
Forgetting that nonsense, this house will take a few thousand dollars to put it back together. But not that many. Look at two of the neighboring homes. CLICK HERE and CLICK HERE to see the house across the street to the north and northeast respectively. The house next door to the west is on the market at just around $2 million. This is a good location and the house is priced very competitively for this market.
I've shown 1130 Royal Street twice since it was listed on February 19th. Other Realtors are doing the same. This house is cute and priced right even if is missing parts of the kitchen. If you are looking to find a cute place at a cheap price, please call me, Gary Thomas, 305-766-2642. I am confident that this house will be under contract to someone very quickly.
1 comment:
I showed this ouse to the same couple yesterday for a second time. While I was there another couple came by and asked to see the house. I let them in as well.
Just as my buyers and I were getting ready to leave and go to our next appointment, another couple came up and also wanted to see this house. I had to go.
I heard that there may be 4 offers on the table right now. Somebody is going to get this great little place for a bargain price. I know that $300,000 can buy a castle in some parts of the US. In Key West is can buy you a cute little place in Paradise. And that is the difference.
Gary
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