September 19, 2008
Eagle Rock: Foreclosures and Short Sales
Eagle Rock is one of the neighborhoods that has been particularly hard-hit with price drops. Here’s a quick rundown of the places that are up for short sales or are in foreclosure in the 90041 zip:
- This bank-listed foreclosure is a 4/2 with 1,302 square feet that has an asking price of $569,900. It last sold in 2007 for $550,000, but also sold in 2006 for $640,000.
- This one is a short sale with a recent price reduction of almost $50,000, so it looks like they’re dreally like to move it. It’s in the hills off Eagle Rock Blvd. and is listed at $649,000.
- This is a fixer for $379,000, and its a tight 2/1 with 728 square feet. That seems high at $522 per square foot….
- Here’s a bank-owned property for $244,900. It’s a 3/1 with 758 square feet. That’s $323 a square foot, but it’s down near the intersection of Colorado and Fig.
- The last one is another bank-owned foreclosure, North of Colorado. It’s a 6/4 contractors special for $549,900 and it looks like it needs a lot of work…but it’s 2,520 square feet, which makes it $218 per square foot!