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.