4-Bedroom SFH in Buena Park Sells For 22% Under the 2006 Price: 4315 N. Hazel
We last chattered about this 4-bedroom single family home at 4315 N. Hazel in the Buena Park neighborhood of Uptown in September 2011.
See our prior chatter here.
The house had sold in 2006 for $850,000. Many of you questioned why anyone would pay that price in Uptown (even if it was the boom.)
You also didn’t like the parking ramp that was across the street.
(Also see the chatter between HD and Clio about buyers “living their lives” and enjoying themselves instead of worrying about the financial consequences.)
This house finally sold on January 31, 2012 for about 22% under the 2006 purchase price, or $660,000.
If you recall, the house was located just north of the Hutchinson Historic District but was also surrounded by vintage homes.
Built in 1893 on a 25×119 lot, it had three floors of living space plus, according to the listing, a legal 2-bedroom lower level apartment.
3 out of 4 bedrooms were on the second floor, along with 2 baths, with the fourth on the third floor.
There was also a large recreation room with vaulted ceilings on the fourth floor.
The kitchen had stainless steel appliances, stone counters and maple cabinets.
The house had central air.
The listing said there was space for 3 car parking and that the seller was offering a $10,000 credit for a garage.
Did someone get a deal? Or is this just the going price for 4-bedroom homes in Buena Park now?
Courtney Welsch at Baird & Warner had the listing. You can still see the interior pictures here.
4315 N. Hazel: 4 bedrooms, 3.5 baths, 3 car parking, lower level apartment
- Sold in November 1991 for $243,500
- Sold in July 1998 for $260,000
- Sold in January 2006 for $850,000
- Originally listed in February 2011 for $965,000
- Reduced several times
- Was listed in September 2011 for $750,000
- Sold in January 2012 for $660,000
- Taxes of $12,319
- Central Air
- Bedroom #1: 20×16 (second floor)
- Bedroom #2: 22×13 (second floor)
- Bedroom #3: 16×11 (second floor)
- Bedroom #4: 11×11 (third floor)
- Recreation room: 25×14 (third floor)
Because I know you’re curious – bought with 40% down.
^^ did the 40% down achieve a lower purchase price than someone coming in with 10% down?
Seems like a pretty good deal to me. The apartment should pay a pretty hefty chunk of that mortgage, too.
Maybe a good deal, maybe not. The parking ramp across the street is the kiss of death for this place. I said it last September and still feel the same. .
Buena Park is not a neighborhood grrrrrrr…
40% down on $660K would leave a conforming mortgage of about $396K. I haven’t shopped jumbos in a while, but being below $417K is usually a big savings.
K, don’t forget that $10K credit for the garage. I think they got a good house in a good location. If I could afford it, I would have considered this one.
Icarus, do you like parking ramps like HD likes freeway onramps? 🙂
Serious question: would you rather live on a busier street or would you rather live on a side street but have 294as your backyard?
Busier street
“Serious question: would you rather live on a busier street or would you rather live on a side street but have 294as your backyard?”
The carcinogen exposure from living with your backyard on an expressway that gets several hundred thousand vehicles driving by a day FAR outweighs the distress of living on a “busy” street in some other location.
good one Benjamon. While one presumably spends more time inside than outside, never underestimate the power of curb appeal. for the right price, i’m sure I could learn to live with the parking ramp. There’s always the chance that it will someday go away. Expressway on-ramps are a bit more perminent.
busier street, who really uses the front yard?
@boiztwn, Actually, Buena Park was the name of the neighborhood that was created by Robert A. Waller starting in 1887 by subdividing his property. The original Waller home is now the site of St. Mary of the Lake church (built in 1917). Buena Park pre-dates the remainder of Uptown by a number of years.
Umm boiztwn …Buena Park IS a neighbhood. It was established in 1887.