Wednesday, March 5, 2008

When bubbles go bad and their victims



1630 NE 63RD CT , Fort Lauderdale FL 33334 MLS Listing ID: D1182914

● 3 Bed, 2 Bath
● 1,467 Sq. Ft.
● Year Built: 1967
On the MLS at $430,000
Purchased on 3/19/2007 $605,000
● For a loss of $175,000




5890 NE 14Th Rd Fort Lauderdale, FL 33334 MLS ID# D1184910

● 3 Bed, 2 Bath
● 2,018 Sq. Ft.
● Year Built: 1962
On the MLS at $385,000
Purchased on 9/25/2006 $620,000
● For a loss of $235,000 or about 37.9%

4800 NE 13Th Av Oakland Park, FL 33334 MLS ID# F906433

● 3 Bed, 2 Bath
● 1,504 Sq. Ft.
● Year Built: 1966
On the MLS at $350,000
Purchased on 1/12/2007 $513,000
● For a loss of $163,000 or about 31.7%



1794 NE 38 th St Oakland Park, FL 33334 MLS ID# R2887515

● Property Owner U S BANK NATIONAL ASSN % AMERICA'S SERVICING CO
● 3 Bed, 2 Bath
● 1,788 Sq. Ft
● 0.16 Acres
On the MLS at $322,900
Purchased on 8/23/2005 $470,000
● For a loss of $147,100 or about 31.2%

1416 NE 27TH ST Wilton Manors, FL 33334 MLS ID# R2885048

● Property Owner NOVASTAR MORTGAGE INC
● 4 Bed, 2 Bath
● 1,730 Sq. Ft.
● Year Built: 1959
On the MLS at $299,900
Purchased on 7/24/2006 $600,000
● For a loss of $300,100 or about 50.0%



1337 NE 35Th St Oakland Park, FL 33334 MLS ID# F831936

● Property Owner U S BANK NATIONAL ASSN % NORWEST HOME IMPROVEMENT
● 4 Bed, 2 Bath
● 2,194 Sq. Ft.
● Year Built: 1980
On the MLS at $280,900
Purchased on 12/28/2005 $478,000
● For a loss of $197,100 or about 41.2%



1301 NE 42Nd St Oakland Park, FL 33334 MLS ID# F900327

● Property Owner DEUTSCHE BANK NATIONAL TR CO TR
● 3 Bed, 2 Bath
● 1,610 Sq. Ft.
● Year Built: 1964
On the MLS at $278,200
Purchased on 8/10/2006 $512,500
● For a loss of $234,300 or about 45.7%



1350 NE 49Th St Oakland Park, FL 33334 MLS ID# N258861

● Property Owner US BANK NATIONAL ASSN TRSTEE% AMERICA SERVICING COMPANY
● Year Built: 1961
● 3 Bed, 2 Bath
● 0.17 Acres
On the MLS at $264,900
Purchased on 6/16/2006 $598,000
● For a loss of $333,100 or about 55.7%

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