Lowest Price on MLS

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The Lowest Priced House on MLS (Sacramento)

March 6, 2009 in Lowest Price on MLS, Sacramento | No comments

What is the lowest-priced single family residential property on Sacramento’s MLS right now? 

And the winner is…. $15,500

90017041

41 La Fresa Ct # 3 has been listed on the market for seven days at $15,500 and is a McKeon-style condominium in South Sacramento off of Shining Star Blvd (formerly G-Parkway). This 2 bedroom / 1 bathroom unit is 2-stories and has a tandem garage. McKeon-style properties have four attached units. The number 1 unit is located in the front, numbers 2 & 3 are located on the sides (the subject is a # 3), and the number 4 unit is located in the rear above the garage. MLS states that the monthly HOA fee is $180.00

Former “Lowest Price on MLS” winners: $12,500 (1 unit), $35,900 (4 units)

No, I am not affiliated within this property in any way, nor do I know the Agent. If you happen to be interested in the property, I can always connect you to the Agent.

http://www.lundquistcompany.com/blog The Lowest Priced House on MLS (Sacramento)

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The Lowest Priced Multi-Unit Property on MLS (Sacramento Region)

March 2, 2009 in Lowest Price on MLS | 1 comment

This blog hosts a “Lowest Priced House on MLS” category because it’s always interesting to see what the good ol’ American dollar can buy these days in this wild market. The last winner was a $12,500 house, but this time we’ll take a look at the lowest-priced multi-unit property (2-4 units).

And the winner is…. $35,900 (4 units)

90014782

414 S Conejo Avenue is a bank-owned property in Modesto and is described as a 4-unit property with 2 detached single family units as well as one 2-story duplex on the same lot (per MLS). As of today the property has been priced at $35,900 for 11 days. The lot size is 0.24 acres and the units appear to have been built in 1945 per Tax Records. This property sold previously in March 2006 for $330,000. The previous MLS listing from 2006 stated that the units had the following bed/bath count: 3/1, 2/1, 1/1, 1/1.

The current MLS listing states “this is a cash deal”, which is indicative of the condition most likely. If you have further questions, I am glad to put you in touch with the Agent. And no, I don’t have any connections with the Agent or this property. 

http://www.lundquistcompany.com/blog The Lowest Priced Multi-Unit Property on MLS (Sacramento Region)

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The Lowest Priced House on MLS (Sacramento Region)

February 23, 2009 in Lowest Price on MLS, Stockton | 2 comments

This blog will host a “Lowest Priced House on MLS” category because it’s always interesting to answer the question, “should I buy this house or should I buy a car instead?” Yep, the prices are often that low.  

And the winner is…. $12,500.

90007208

620 E 4th Street, Stockton CA is for sale at $12,500. Per Tax Records, this property was built in 1936, has 1025 square feet of living area, 2 bedrooms, 1 bathroom, and a lot size of 3,920 square feet. So why is it priced so low? Well, it looks like it had a little fire damage to say the least.

It is a banked owned property and has been listed on the market for 142 days total with three separate Listing Agents. The property has been priced for only 21 days at $12,500 and appears to have generated a contract at least once (but back to Active status now). I’ll put you into contact with the Listing Agent if anyone is interested in forking out $12,500 greenbacks – it’s an all cash deal because of the condition (no, I don’t know the Agent).

http://www.lundquistcompany.com/blog The Lowest Priced House on MLS (Sacramento Region)

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