Knowledge in Numbers – A Glimpse at Real Estate Happenings in Hillcrest
I wanted to take a few minutes to get caught-up on what’s happening in the world of Hillcrest real estate. Things have been pretty busy, but in a less frenetic way than the recent past. There are fewer new listings and many, many more price updates but the drops are small, if more numerous. I’m a firm believer in quiet observation. If you’re the strong silent type like me then you will also enjoy watching what’s going on with new listings, recent sales and price reductions. There is knowledge in numbers, watch and learn.
New Listings:
4057 First Avenue #104 – Asking $575,000. This 2004 condominium has two beds and three baths. It last sold for $558,718 on June 21, 2004. It’s Zestimate is $698,000 and cyberhomes valuation is $680,942.
1041 Cypress – Asking $2,850,000. This 1935 single family home has four beds and 3.5 baths. It last sold for $2,375,000 on October 13, 2006. It’s Zestimate is $1,749,000 and eppraisal is $2,072,103. Buyer beware: this is actually a re-listing; it’s been on the market and I’ve been watching it for months.
Price Reductions:
1012 Lincoln Avenue – Was asking $756,000, now asking $738,000. This 1920 single family home has four beds and two baths. It last sold for $350,000 on November 18, 1998. It’s Zestimate is $814,000 and eppraisal is $647,713.
4253 Palmetto Way – Was asking $1,599,000, now asking $1,450,000. This 1923 single family home has two beds and 2.5 baths. It last sold for $450,000 on September 26, 1988. It’s Zestimate is $1,103,500 and eppraisal is $1,172,039.
Recent Sales:
3355 Front Street – Sold for $621,000 on February 20, 2008. This 1920 single family home has four beds and 1.5 baths. It’s Zestimate is $635,500 and eppraisal is $716,099.
4075 Vermont Street – Sold for $600,000 on March 4, 2008. This 1930 single family home has two beds and two baths. It’s Zestimate is $620,000 and eppraisal is $672,256.
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