Community Corner
SOLD! Richfield Housing Market Heats Up; 8 Homes Change Hands
Last week showed record closings in Richfield in 2011.
As the weather warms, many buyers stop window shopping and become serious house hunters because, let's be honest, who wants to move in the winter.
More homes closed in Richfield during the week of April 11 than any week during 2011 with eight properties change hands. Banks are starting to be more willing to negotiate with buyers as they try to get rid of their non-producing inventory of foreclosed homes. Buyers should be wary of giving a low-ball offer unless they are focused entirely on price. If you love a home, make a fair offer and chances are, it could be yours.
1) 6500 Woodlake Dr. #414
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Listed by Coldwell Banker Burnet
One bedroom, one bath; senior housing.
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Days on Market: 299
Closed: April 4, 2011
Original List Price: $60,000
List Price at Time of Offer: $58,000
Sold Price: $51,000
Seller Contribution: $1,545
2) 6401 16th Ave. S.
Listed by Keller Williams Premier Realty
Three bedrooms, one bath
Days on market: 5
Lender owned
Closed: April 11, 2011
List Price: $74,900
Sold Price: $80,000
3) 6633 Elliot Ave. S.
Listed by Re/Max Advantage
Three bedrooms, one bath
Days on Market: 132
Lender owned
Closed: April 15, 2011
Original List Price: $133,900
List Price at Time of Offer: $111,900
Sold Price $112,000
4) 7009 Xerxes Ave. S.
Listed by Ascendant Realty
Three bedrooms, two baths
Days on Market: 8
Lender owned
Closed: April 11, 2011
List Price: $169,900
Sold Price: $173,000
Seller’s Contribution: $5,190
5) 6425 Irving Ave. S.
Listed by Keller Williams Integrity
Four-bedrooms, two baths
Days on market 1
Closed 4/08/2011
List price $224,900
Sold price $224,900
Seller contribution $6,720
6) 7508 4th Ave. S.
Listed by The Realty House
Four bedrooms, two baths
Days on Market: 44
Closed: April 8, 2011
Original List Price: $199,900
List Price at Time of Offer: $189,900
Sold Price: $189,900
Seller contribution $4,257
7) 7627 15th Ave. S.
Listed by GreenKey Real Estate Group
Three bedrooms, one baths
Days on Market: 92
Lender owned
Closed: April 8, 2011
Original List Price: $110.000
List Price at Time of Offer: $95,000
Sold Price: $90,000
8) 7144 Clinton Ave.
Listed by Re/Max Results
Four bedrooms, two baths
Days on Market: 1
Closed: April 8, 2011
List Price: $224,900
Sold Price: $224,900
Seller Contribution: $6,720
Stephanie Fox is a licensed real estate agent with Coldwell Banker Burnet.