This home is selling for 35% below its purchase price only 20 months ago. It has languished on the market now for 225 days despite seven price drops.
10772 CYPRESS LAKE TE, Boca Raton, FL 33498
- 4 bedroom, 2.5 bath SFH
- Bought in April 2006 for $425,000
- On the MLS for $275,000
- Days on the MLS: 225 Days
- Loss before the Realtor® commission: $150,000
- Loss after the Realtor® commission: $166,500
Stumble It!
19 comments:
Gotta love these used home salesman comments! Sounds like my friend braziliano. LOL
HOUSE IS LISTED BELOW MARKET VALUE ! REDUCE AGAIN , AND BRING ALL OFFERS!TODAY IT'S YOUR LUCKY DAY!!!!!! PRICE REDUCE BELOW MARKET ! BRING ALL OFFERS AND YOU WILL GET A DREAM HOUSE .!!!!!
hey 140!
Just keep bashing as much as you want. I do not care. I guess you should leave Florida and move to the other states that just declared a "state of an emergency" due to the ice storm, snow, lack of electricity, ect.
One more thing MR. 140
You could not build that house today for that price, so I guess it is not a bad price. 5 years from now that seller will be a F...cked seller most likely. And you will be still renting and waiting for lower prices.
OKLAHOMA CITY - A massive storm that dropped sleet and freezing rain across the nation's midsection, leaving nearly a million utility customers without electricity, finally tapered off, but another wintry blast was forecast to develop Wednesday over the southern Plains.
The new system was expected to bring more sleet and freezing rain to Oklahoma, Missouri and Texas, but not nearly as much as the previous storm, according to the National Weather Service.
Ice ranging from a quarter-inch to an inch thick glazed roads in much of the central Plains and Midwest. At least 25 deaths have been blamed on the storm since it developed last weekend. Most resulted from traffic accidents
MR.140 Care to move?-::))))
I am going to take a dipp in my heated pool. Talk to u later!!
Braziliano,
I'll take the snow storm and icy roads in the midwest rather than the inflated home prices, high taxes and ridiculos insurance rates in South Florida. I have lived in both placed and I can't say that a 0ne day snow storm and 24 hours without power it is worse than a Category 3 Hurricane and 10 days without electricity. As far as your heated pool goes YMCA has one too for a $25/month membership and I betcha it is better then yours.
Braziliano said...
"One more thing MR. 140
You could not build that house today for that price, so I guess it is not a bad price. "
Then are we to assume you are going to buy it?
Or are you a frustrated investor watching his "equity" evaporate like an ice cube on a hot Florida day, trying desperately to convince us to invest now while there is still time. LOL
Anon!!
"About 468,000 homes and business still had no power Wednesday in Oklahoma, which saw its worst power outage on record. That was down from a peak of some 618,000 customers Tuesday, but utility officials said it could be a week to 10 days before power is fully restored. "
Check your facts before posting, will you!?
7-10 days without power it reads!
I lost power for two weeks after hurricane Wilma. You know what I did? ... I sold my house and got the hell out of Florida.
Do I miss the warm weather? ... Yes.
Do I miss the traffic, crazy drivers, and crime? ... No
Now I live in the mountains and loving it. I will never move back to Florida.
Sold in 2006
Good for you!
Am I wrong, or is this a decent house in a decent area at a decent price? Hello again, 2002.
el a,
I am totally unfamiliar with that area, and it is impossible to tell how many sq feet there are under air.
It reminds me of the zero lot line homes in Coral Springs.
Assuming it is 2000 sq ft under air, and in a good area with good schools, at about $135 per sq foot, it's not a bad deal.
Carrying costs would be about $2500 per month.
Probably would only rent for $1500.
Doesn't excite me, but is certainly a great improvement from what I was seeing in CS 2 years ago!
Braziliano,
I was just trying to explain my personal point of view associated with personal experience facts and not official statistics. I am sure that there are people out there without power still 3 days after the snow storm but also there were numerous FPL customers in South Florida without power 30 days after the last hurricane. I guess you've missed that one or just didn't get the memo. By the way how is your pool?
Anon!
Do you watch TV? An other snow storm hit the north east and the midwest today. If you think that is better than a hurrican every 20-30 years, i have nothing else to say...
Braziliano,
It's not like you've said much related to the topics discussed in this blog anyway. You are damn good with weather reports and statistics but when in comes to the housing market you've got your head under the water inside that fancy pool you own. That of course if you have any water in it otherwise it would not be a pool it would be a big hole in the back yard. See ya B
anon,
Take it easy on our amigo braziliano.
He's our token cheerleader, and I love to tease him.
As you know, cheerleaders aren't known for their cranial capacities.
LOL
here's one for the used house salesman:
http://homes.realtor.com/search/searchresults.aspx?mlslid=F786482&ml=3&typ=7
originally listed for 1,649,000
now 969k, all reasonable offers considered, (according to zip realty)
I have been watching this house for more than 6 months. I thought seriously about it, now I have no interest. the taxes are 18k without even having a house there.
the city of FLL is crazy in my view.
address 5419 N.E. 31st Ave.
house has been on mkt for over a year, guy is now getting divorced and house is in pre-foreclosure.
what I can assume from court records, he took out an equity loan on his other house for 300k to build this house, not counting the taxes and carrying cost. He is f@cked. Nobody is stepping up to the plate including me !!!
Richard V.Mancinelli, http://www.bcpa.net/RecInfo.asp?URL_Folio=494213121320
and that's the way it is.....
Ms Jupiter,
Welcome back.
I could not find the listing for that house. Can you post the mls #?
I did find it on bcpa net, but not on realtor or zip.
BTW, I keep seeing more weakness and softening in LHP and Deerfield.
Without bank repo's.
I figure by next summer the banks should be getting serious and we will see some real good deals on waterfronts. ($4-500k range)
I know of several with well over 100' frontage, livable homes in the $600's.
sure... sorry the realtor.com link didnt work, it did this morning.
anyways MLS F786482 .
it is nothing but a shell and there are also all kinds of code enforcement leins, fines etc.
I think you are right LHP is going to get very interesting.
http://homes.realtor.com/search/searchresults.aspx?mlslid=F786482+&ml=3&typ=7
the the above link, I dont see it in planet though, it stil is in zip as of tonight.
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