4-Bedroom Victorian Cottage in Lakeview Returns at $809,000: 3526 N. Marshfield
This 4-bedroom Victorian single family home at 3526 N. Marshfield in Lakeview came on the market in May 2020.
If it looks familiar, that’s because we have chattered about it several times over the last decade: in both 2013 and 2016, which was the last time it was on the market.
See our 2016 chatter here.
If you recall, the house is unique.
Built in 1889, it’s on an irregular lot measuring 27.2 x 73.5 x 60 x 51.5.
It has ornately carved faces on the exterior (see the listing pictures) and there are underground tunnels from the prohibition era that have been “blocked off.”
There’s a marble fireplace in the living room and a “preserved” oak staircase.
It’s being sold “as-is” again.
The living/dining rooms and kitchen are on the main floor.
The kitchen has dark cabinets and white and black appliances as well as a kitchen island.
3 bedrooms are on the second floor with a full bath.
The listing then describes a “tandem bedroom” in the third floor attic, which has skylights.
There’s a lower level, which the listing says is a “garden level” with a family room/den, a full bath, and the laundry and utility rooms.
The house does have central air and there is 1 outdoor parking spot along with a back deck and gated yard.
This house did not sell in either 2013 or 2016. It has now come on the market for the most expensive price yet.
It was listed in May 2020 at $809,000 and has been reduced to $799,000.
What will it take to finally sell this house?
Mary McIntire Petri at Exit Strategy has the listing. See the pictures and floor plans here.
3526 N. Marshfield: 4 bedrooms, 2.5 baths, 2500 square feet
- Sold in July 1991 for $160,500
- Sold in February 1994 for $176,000
- Was listed in March 2012 “as-is” for $550,000
- Re-listed in July 2013 for $650,000
- Re-listed in October 2016 “as-is” at $685,000
- Withdrawn
- Re-listed “as-is” in May 2020 for $809,000
- Reduced
- Currently listed at $799,000
- Taxes are now $10,957 (they were $8641 in 2016, $8056 in 2013 and $7958 in April 2012)
- Central Air
- 1-car outdoor parking
- Fireplace
- Bedroom #1: 20×12 (second floor)(is this the attic room?)
- Bedroom #2: 15×13 (second floor)
- Bedroom #3: 16×12 (second floor)
- Bedroom #4: 9×12 (second floor)
- Living room: 27×14 (main floor)
- Dining room: 14×13 (main floor)
- Kitchen: 16×13 (main floor)
- Family room: 30×17 (lower level)
- Laundry room: 12×7 (lower level)
are they serious with that price!?!
Wow, that asking price. I think this one’s got a ways to go downward. Especially “as is”.
march 2012 price seems realistic for this dump
“27.2 x 73.5 x 60 x 51.5.”
Listing sez: “22.5 X 73.5, 8.60 X 51.5” [fixed the spacing]
Which is very different.
It’s a 22.5′ x 73.5 plus access to the alley that’s wide enough to be a parking pad.
Streetview goes down the alley, with a decent angle on the parking space –the opposite view of pic 35.
So, basically a comp for the townhouse from yesterday, and not worth nearly 50% more.
Also, having this small of a lot, and still needing to have a lawnmower? GTFOOH!!
This place looks haunted.
You could do a lot with this place. For $800k, though, you shouldn’t have to.
Oh the irony that the listing agent is from a company called “Exit Strategy.” The US has an easier exit strategy from the Korean DMZ that the owner of this place has from this house.
Sold “as is.” They aren’t kidding! Add at least $200,000 to the asking price because that’s how much renovations will cost, if not more. And I’m not sure it’s worth it to spend so much on a tiny house with so little going for it. The lot is bad, too. So tiny and cramped.
Too bad. I was hoping I’d like this one. The stairway and front door are charming, though.
If at first you don’t succeed, raise the price 100k+ and try again next year!