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Community Corner

Buyers Still Snatching Up Traditional Sales

Not all buyers want to buy short sales or bank owned homes.

The changing seasons have not seemed to have significantly slowed home sales in Richfield. Last week, five homes changed hands, none of them foreclosures or short sales.

While none sold for the full asking price, and all but the highest priced home included a seller contribution to cover closing costs, traditional sales of non-distressed properties are still what many buyers hope to find. These buyers may have their property taxes as part of their mortgage payment, but if you don’t, property taxes are due Monday, Oct. 17.

1) 6521 Oliver Ave. S.

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Listed by: Coldwell Banker Burnet

Single-family home: two bedrooms,  two baths

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Days on Market: 22

Closed: Oct. 6, 2011

Original List Price: $149,900

List Price at Time of Offer: $149,900

Sold Price: $140,000

Seller Contribution: $4,900

2) 6832 4th Ave. S.

Listed by: Re/Max Advantage Plus

Single-family home: three bedrooms, three baths

Days on Market: 42

Closed: Oct. 7, 2011

Original List Price: $169,900

List Price at Time of Offer: $157,000

Sold Price: $150,000

Seller Contribution: $6,546

3) 6738 10th Ave. S.

Listed by: Independent Brokers Realty

Single family home: three bedrooms,  two baths

Days on Market: 24

Closed: Oct. 6, 2011

Original List Price: $164,900

List Price at Time of Offer: $164,900

Sold Price: $162,900

Seller Contribution: $7,900

4) 7519 Blaisdell Ave. S.

Listed by: Edina Realty

Single-family home: four bedrooms,  two baths

Days on Market: 6

Closed: Oct. 5, 2011

Original List Price: $169,865

List Price at Time of Offer: $169,865

Sold Price: $172,000

Seller Contribution: $7,740

5) 7321 Park Ave. S.

Listed by: Edina Realty

Single-family home: six bedrooms, four baths

Days on Market: 158

Closed: October 5, 2011

Original List Price: $399,900

List Price at Time of Offer: $389,900

Sold Price: $370,000

Stephanie Fox is a licensed real estate agent with Coldwell Banker Burnet.

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