tag:blogger.com,1999:blog-4113767199444444516.post7633683652832590323..comments2023-10-03T04:34:39.407-07:00Comments on Portland Real Estate Outsider: Reader Sightings – 2815 NE 57th AvePDX Outsiderhttp://www.blogger.com/profile/01596115115859601410noreply@blogger.comBlogger13125tag:blogger.com,1999:blog-4113767199444444516.post-24481061313163091262008-06-03T19:22:00.000-07:002008-06-03T19:22:00.000-07:00before the boom that began in 2001 this place migh...before the boom that began in 2001 this place might have been worth maybe what, 50K?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4113767199444444516.post-9529502970057499062008-06-03T13:52:00.000-07:002008-06-03T13:52:00.000-07:00What's "straw buyer fraud," the seller creates a f...What's "straw buyer fraud," the seller creates a fake buyer w/ no interest or ability to actually make payments, and leaves the bank holding the bag? <BR/><BR/>Anyway, yeah, what a horrible remodel on this house. Home Depot really does sell the nastiest cabinets around. You can spend less money and buy ones at Ikea that, while not the best around, don't look 10 years old the minute you unpackage them.David Jhttps://www.blogger.com/profile/11944221268636739942noreply@blogger.comtag:blogger.com,1999:blog-4113767199444444516.post-3249519356975875052008-06-02T18:20:00.000-07:002008-06-02T18:20:00.000-07:00"The sale @ $485 seem very fishy."It would be surp..."The sale @ $485 seem very fishy."<BR/><BR/>It would be surprising if we did not have a fair amount of straw buyer fraud in close-in PDX"<BR/><BR/>we already found one in Woodlawn. if there was significant fraud, then prices were even more artificially inflated. $485k seems a bit crazy to me, but maybe somebody got caught up in a bidding war and lost their cool.PDX Outsiderhttps://www.blogger.com/profile/01596115115859601410noreply@blogger.comtag:blogger.com,1999:blog-4113767199444444516.post-74616888001791791252008-06-02T17:29:00.000-07:002008-06-02T17:29:00.000-07:00A home that has been sitting on the market for ove...A home that has been sitting on the market for over 1 year:<BR/><BR/>2143 SE MAIN ST - BUCKMAN - PORTLAND<BR/><BR/>http://www.realtytrust.com/properties/detail.html?mls=RMLS&listingid=8024680&pn=1<BR/><BR/>Original price was 580K and is now listed for 499K. Sold in 2001 for 265K. <BR/><BR/>Its adjacent to 3 recent flips. The home next door is currently being rehabbed by a private LLC.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4113767199444444516.post-47512019391340093812008-06-02T17:08:00.000-07:002008-06-02T17:08:00.000-07:00"The sale @ $485 seem very fishy."It would be surp..."The sale @ $485 seem very fishy."<BR/><BR/>It would be surprising if we did not have a fair amount of straw buyer fraud in close-in PDX.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4113767199444444516.post-86970512294568540872008-06-02T15:56:00.000-07:002008-06-02T15:56:00.000-07:00I know it is an east-facing house, so it must be o...I know it is an east-facing house, so it must be on the west side of the street.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4113767199444444516.post-30931756163829409792008-06-02T11:47:00.000-07:002008-06-02T11:47:00.000-07:00Is that house on the west side or east side of NE ...Is that house on the west side or east side of NE 57th? I believe NE 57th divides the Grant High cluster from the Madison High cluster. Big difference. I would expect the price for an otherwise identical house to be substantially higher on the west side of the street.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4113767199444444516.post-87047874141689429542008-06-02T07:49:00.000-07:002008-06-02T07:49:00.000-07:00I drive past this house all the time was horrified...I drive past this house all the time was horrified to learn that it sold for $485 on 1/13/06. Considering how busy the street is, how ugly the exterior is, and the "cheap new apartment" quality of the remodel, you could have purchased a much nicer house for much less on the same street, and a much nicer house on a quiet street for much less, even back then. The sale @ $485 seem very fishy.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4113767199444444516.post-23340286739594442212008-06-02T00:58:00.000-07:002008-06-02T00:58:00.000-07:00What constitutes a good deal is always relative. I...What constitutes a good deal is always relative. In Dallas this price would be received with howls of scorn. But in Portland, this price seems reasonable compared to where the market had been. <BR/><BR/>But otherwise, yes, the house is reminiscent of the vast, endless blocs of sterile exurban wastelands that surround Dallas, Atlanta, or a couple dozen other locales that lacked any semblance of urban planning.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4113767199444444516.post-43633895442753252892008-06-01T22:59:00.000-07:002008-06-01T22:59:00.000-07:00A good deal? If you put down 20% or 68K your P&I a...A good deal? If you put down 20% or 68K your P&I alone is over $1600/month. Am I like poor or does that sound nuts?<BR/><BR/>I may rent forever.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4113767199444444516.post-77841266131633095622008-06-01T21:19:00.000-07:002008-06-01T21:19:00.000-07:00Wow, that house looks souless at this point. Kind...Wow, that house looks souless at this point. Kind of looks like the kinds of updates that were common in the 70's and 80's. I thought we'd progressed since then. I thought remodellers were trying to preserve the original character of the homes now, especially the ones built in the 30's or before. As it is, that house looks like all the souless new houses you can buy in the 'burbs.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4113767199444444516.post-88691718632455586162008-06-01T19:42:00.000-07:002008-06-01T19:42:00.000-07:00This one is listed on Zillow.com at $340K. Seems l...This one is listed on Zillow.com at $340K. Seems like a pretty good deal at that price.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4113767199444444516.post-19126601290981702542008-06-01T18:46:00.000-07:002008-06-01T18:46:00.000-07:00Hope the neighbors are quiet. . . you'd be so clos...Hope the neighbors are quiet. . . you'd be so close you could hear 'em through the walls. Apartment living in your own home!Anonymousnoreply@blogger.com