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Showing posts with label 2718 harris street key west. Show all posts
Showing posts with label 2718 harris street key west. Show all posts

Sunday, September 27, 2009

2718 Harris Street - Bank Owned - Key West




I chose the lopsided photo of 2718 Harris Street for a reason: the property is Bank Owned and the price on this property is askew. Let me explain further.

2718 Harris Street is located just at the beginning of New Town. It is a couple of blocks directly north of Grace Lutheran Church on Flagler Boulevard I toured this house over a year ago on Realtor caravan with about 40 other Realtors. What first struck me about this house was the asking price at that time $1,899,000. That was an awful lot of money for that block and that house at that time! Once I got inside I could see all of the love and creativity that went into the remodel that the owner was just completing. I think most of us thought the house was over-built for the area and way over-priced PERIOD! As the months passed the owner progressively dropped the asking price down to $1.1 million. Then the bank foreclosed.

Take a moment and CLICK HERE to look at the photos and read the description of 2718 Harris before it became Bank Owned. Note how attractive the place looked with appliances. They are missing now. CLICK HERE to see the current mls listing info and look at the current photos. You will see the same rooms, similar views, same location, lower price, work to be done, and more money to be spent by a new owner. This is how the current listing Realtor describes the house today:
"Bank Owned awaiting a loving new owner. Take advantage of this rare opportunity to acquire a sprawling home in great New Town neighborhood. Totaling 4 bedrooms and 3 1/2 baths including a 1bd/1ba private guest suite. Gorgeous state of the art finishes throughout, overlooking custom pool situated on a spacious 9000+ sq. ft. double lot. Minimal amount of finish work required including appliance package and a few other miscellaneous details. Vacant and easy to show."
2718 Harris Street is now priced at $699,000 or $179 per sq ft. It's a big house: 3910 sq ft that sits on a really big 9164 sq ft lot. The house has 4 bedrooms and 4 baths, a great kitchen, and lots of open living space. I have included photos of neighboring houses so that you get a feeling for the area. CLICK HERE and CLICK HERE (house next door to west). There are some other larger homes in the immediate area, but most of the houses are 1960's and 1970's vintage ranches. I'm not telling you anything you can't see for yourself about this house being over built for the area. Here are some other photos I took of 2718 Harris Street this morning:
CLICK HERE, CLICK HERE and CLICK HERE.

The house at 2718 Harris Street is owned by a local bank so we ought to get a quick response on any offer. This property is vacant (YEAH!) and easy to show. If you are interested in looking at this bank owned property please call me, Gary Thomas, 305,766-2642 or contact me by email at kw1101v@aol.com. This is a house you bargain hunters just might want to take a look at.

Disclaimer

The information on this site is for discussion purposes only. Under no circumstances does this information constitute a recommendation to buy or sell securities, assets, real estate, or otherwise. Information has not been verified, is not guaranteed, and is subject to change.
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