by chughes — published on January 27th, 2010
Note to Agent: Don't Shoot Pics of Listings With Cell Phone
This week’s installment is a dandy little Colonial on Station Rd. Currently asking $739,900 EXPIRED, it was originally listed at $949,000 on August 17, 2006 and has spent 806 actively-listed days hurtling toward oblivion. In the interim, it has had two tenants, who I’m sure have made an excellent contribution toward accelerating the depreciation.
Given that the current tax assessment on this property is $694,000- and that virtually no properties in this range sell for even the amount of the tax assessment in Branchburg- will this house ever find an owner? Or, will the next owner be the lender who financed the construction?
by chughes — published on January 14th, 2010
- What are they thinking?
7 Thoroughbred, just listed for $589,900 REDUCED TO 574.9K AND IN ATTORNEY REVIEW. Lovely house, but it’s asking over the tax assessment. Virtually no house in Branchburg in this price range sells at the level of the tax assessment these days.
by chughes — published on January 2nd, 2010
Closings below were from 12/1/09 through 12/31/09. Short sales are noted.
1705 Breckenridge Dr. $209,000 (short sale)
611 Magnolia Ln. $239,000
736 Magnolia Ln. $236,000
17 Cheyenne Trl. $375,000
2 Rolland Dr. $369,000
39 Seneca Trl. $407,500
129 Fairview Dr. $439,900
252 Carol Jean Wy. $400,000
141 Fairview Dr. $479,000
119 Brandon Ct. $465,000
2 Oak Tavern Cir. $560,000
24 Champions Cir. $600,000