We last chattered about this 3-bedroom historic farmhouse at 315 W. Eugenie in the Old Town Triangle Landmark District in June 2013.
See our prior chatter here.
If you recall, it was listed at $500,000 and bids were due within 72 hours.
We debated the strategy of listing it for a low price and whether or not the bidding war would result in the highest price – or if money was going to be left on the table.
Many of us thought it would sell for over $700,000.
The sale just closed for (drumroll please)…$675,000.
Remember, the house was built in 1897 on a 24×120 lot.
It is one of the rare Old Town lots that actually has a 2-car garage.
The house still had the original windows, hardwood floors and trim.
It had an unfinished basement with just 6 foot ceilings.
It was marketed as a fixer. The listing said buyers should bring their contractor.
Back in 2009, it was listed for $1.05 million and didn’t sell.
Are you surprised by the sales price?
Are bidding wars the best way to get maximum returns out of a property?
Burt Fujishima at Coldwell Banker had the listing. You can still see the pictures here.
315 W. Eugenie: 3 bedrooms, 2 baths, 2200 square feet, 2 car garage
- Last sold before 1987
- Originally listed in 2008-2009
- Was listed in 2009 for $1.05 million
- Was listed in June 2013 for $500,000
- Best and highest offer due by 12 pm on June 12, 2013
- Sold on July 15, 2013 for $675,000
- Taxes of $13766
- Space Pak
- Bedroom #1: 16×12 (second floor)
- Bedroom #2: 14×12 (second floor)
- Bedroom #3: 18×7 (main floor)