As we first wrote about the single-family home at 12 Auburn Street in January 2011:
So there’s no deeded parking and Nob Hill, but it is a rather cute little two-bedroom at 12 Auburn that’s just returned to the market after a one-month hiatus, only it’s now listed as a short sale for “$699,000” having been purchased for $700,000 in May 2005.
The property had been listed for as much as $898,000 just four months ago prior to three prices reductions and then being withdrawn from the MLS at the end of December.
We might suggest structuring any offer to include the contents of the “wine cellar.” If you’re successful, don’t forget those invitations to the housewarming. And as design aside, we are rather enamored with their urban gate.
And as we reported four months later in May of 2011:
The sale of 12 Auburn closed escrow today with a reported contract price of $678,400, three percent ($21,600) under its 2005 price. Don’t feel too sorry for the seller, however, as the property was refinanced in 2007 with a first mortgage for $712,500 and a second for $142,000, a total of $854,500 in debt for which the property would have had to appraise.
And yes, the short-seller, who was also the agent, was in default with JPMorgan Chase at the time of the sale.
Having since been repainted a bright red, a fine homage to its last sale, the “rarely available” home at 12 Auburn has again returned to the market, now listed for $745,000.
And apparently the aforementioned wine cellar is now a “den/home office,” see the couch?
∙ Listing: 12 Auburn Street (2/1) – $745,000 [via Redfin]
∙ 12 Auburn Comes Up Short On Nob Hill [SocketSite]
∙ Well, It Really Wasn’t The Seller Who Came Up Short On 12 Auburn… [SocketSite]
Once again with this listing we [see] parking listed as having one space, only to see it refers to paying $325 per month rent. I would see the Realtor practice as in the grey area if the garage could be rented in perpetuity, and we know that’s not the case.
The listing is also missing the square footage. Is this just Redfin or the MLS too? Anyone know the figure?
it looks like the place is 710 sq.f per the city, more interesting is the size of the parcel… 375sq/f!
It looks like a tall person could knock their head on that white beam when standing up from that orange couch in the
dungeoncellar. That is if they could even sit there considering the narrow gap between the coffee table and the couch.Smart move on waiting.
This would be $1.8m+ in the West Village. Love it. I’d be adding an illegal roof deck in no time. 🙂
As was mentioned in another thread, for 700K I would rather have a 2 or possibly 3 bd cottage in Mill Valley which has become suprisingly affordable. Here is to hoping more tech companies consider Marin.
As I wrote elsewhere:
Last time this property was on the market I viewed it… I do not normally get claustrophobic but did inside this! The kitchen was also done differently and felt very European/stylish: this looks like a Home Dept special. Regarding the parking, it was a leased space up the (steep) hill at Grace Cathedral.
Sorta cute. Small. No yark or deck. Meh.
No yark could be seen by some as a blessing. But to each one his taste.
This time around the listing photos don’t do nearly as well at concealing how terribly small this home is.
Yes, yark can be a problem for many people. 🙂
Here’s what $750,000 gets you in Detroit:
http://www.trulia.com/property/1050623895-1830-Balmoral-Dr-Detroit-MI-48203
Mark F. wrote:
> Here’s what $750,000 gets you in Detroit:
You could buy the home Mark linked to or 100 homes like the one below
http://www.realtor.com/realestateandhomes-detail/9019-Greenview-Ave_Detroit_MI_48228_M47483-28243?ex=MI544043981&source=web