70% Price Increase in 3 Years
Started by dwell
over 17 years ago
Posts: 2341
Member since: Jul 2008
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Was an estate sale in 2006 - have to assume the new owner gutted it and put a lot into it.
Yes, Crescent, but:
8/04: 8B closed at $715
4/05: 7B closed at $1,050,000 (estate)
11/05: 12B closed at $762.5 (estate)
9/06: 9B closed at $700
1/07: 10B closed at $755
Seems when owner bought apt, it was a 1 BR, but, they reno’d & created a 2nd BR(?), but, square footage remained at 940.
I still think it’s too big a jump, partic in this market.
yes, and 7b's history (i just have to repeat this for Alpine):
04/07/2005 Previous Sale recorded for $1,050,000.
04/07/2005 Previous Sale recorded for $1,050,000.
04/23/2009 Listed in StreetEasy by Citi-Habitats at $885,000.
dwell, it appears as though 11b may have combo'd? it's maintenance is much higher than 7b's and the floorplan is quite different.
The world is a washed with money.
Why are you surprise?
AR,
Don't have the patience to investigate further, but seems 11B added a BR & a bath? But also seems square footage remained the same 940. Also seems the B line is not identical thru out bld. So, if a bath & a BR was added, place renovated, but square footage remained the same, does that justify a 70% increase in value? I don't think so.