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This Building Sold Out in Just 90 Days in 2009: A 3-Bedroom at 842 W. Belle Plaine in Buena Park

Jun 11 • Buena Park • 482 Views • 4 Comments

We last chattered about this 11-unit vintage building at 842 W. Belle Plaine in the Buena Park neighborhood of Uptown in 2009.

See our prior chatter here and here.

It was a rehab/conversion in 2009 with all new kitchen and baths.

Despite the slowing market, the building still sold out in 90 days.

This top floor 3-bedroom unit came back on the market in March 2014.

The unit has wainscoting and crown molding.

The kitchen has dark wood cabinets, granite counter tops, stainless steel appliances and a wine refrigerator.

The master bedroom has a steam shower with sprays.

This penthouse unit has 2 outdoor spaces including a 600-square foot rooftop deck with a wet bar.

It has central air, washer/dryer in the unit and parking is available for $20,000.

Originally listed at $474,500 it has been reduced to $449,500.

Is this unit now priced to sell?

Mario Greco at KoenigRubloff has the listing (he also sold the original building). See the pictures here.

Unit #3N: 3 bedrooms, 2 baths, 1600 square feet

  • Sold in May 2009 for $430,000 (I can’t tell if this includes the parking or not. There’s a separate PIN for the parking but no deed recorded.)
  • Originally listed in March 2014 for $474,500
  • Reduced
  • Currently listed at $449,500 (plus $20,000 for parking)
  • Assessments of $187 a month
  • Taxes of $6432
  • Central Air
  • Side-by-side washer/dryer
  • Bedroom #1: 17×14
  • Bedroom #2: 13×10
  • Bedroom #3: 11×10
  • Rooftop Deck: 30×22

 

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4 Responses to This Building Sold Out in Just 90 Days in 2009: A 3-Bedroom at 842 W. Belle Plaine in Buena Park

  1. MG says:

    This is sold – again. This unit is part of the brand new construction rear portion of the building. Picture above is the gut-renovated vintage part of the project. First buyer – experienced agent buying for herself – bailed when appraisal came in $20k less than she agreed to pay and seller would only meet her in the middle. We just sold it again yesterday for the same price first buyer agreed to pay. Comps are out there to support the price we got both times – but appraiser on first deal cherry-picked and included irrelevant comps on 1400 block of Irving and 15 year old garbage in Wrigleyville instead of the much more relevant ones at 1021 W. Buena and 4150 N. Sheridan.

  2. gringozecarioca says:

    Seems to be a good time to get into the pagoda building business.

  3. DZ says:

    “http://www.washingtonpost.com/posteverything/wp/2014/07/15/the-chinese-are-coming-and-theyd-like-to-buy-your-house”

    dear lord, how short is holllande? how does he compare to sarkozy? waht is it w the french (can I say frogs? is that still okay?)?

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