Sunday, March 2, 2008

Chasing a falling market part Duex






2540 NE 36TH St Lighthouse Point, FL 33064 MLS ID# R2769295

● 3 Bed, 3 Bath
● 2,722 Sq. Ft.
● Year Built: 1965
On the MLS at $989,999
● For a loss of $335,001



4230 NE 27Th Av Lighthouse Point, FL 33064 MLS ID# F869174

● 3 Bed, 2 Bath
● 2,166 Sq. Ft.
● Year Built: 1964
On the MLS at $874,900
● For a loss of $224,100




2171 NE 44Th St Lighthouse Point, FL 33064 MLS ID# F865579

● 3 Bed, 2 Bath
● 2,086 Sq. Ft.
● 0.2 Acres
On the MLS at $599,900
Purchased on 3/13/2007 $900,000
● For a loss of $300,100

● For a loss of $149,800

Wow, double feature! Losses in terms of chasing the falling market and in real terms!



2633 22ND Av Lighthouse Point, FL 33064 MLS ID# R2734612

● 3 Bed, 3 Bath
● 2,900 Sq. Ft.
● Year Built: 1960
On the MLS at $525,000
Purchased on 8/23/2005 $530,000
● For a loss of $5,000

● For a loss of $185,000 (chase loss)

Double header part Duex!



3030 NE 51 St Lighthouse Point, FL 33064 MLS ID# F861902

● Property Owner RESIDENTIAL CUSTOM HOMES LLC
● 5 Bed, 6.5 Bath
● 7,384 Sq. Ft.
● 0.25 Acres
● Year Built: 2006
On the MLS at $2,700,000

● For a loss of $450,000 (chase)



3101 NE 36Th St Lighthouse Point, FL 33064 MLS ID# F890893

● 5 Bed, 7 Bath
● 6,842 Sq. Ft.
● 0.21 Acres
● Year Built: 2006
On the MLS at $2,899,000

● For a loss of $396,000 (chase)

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