4-Bedroom Ravenswood Vintage SFH Sold Over the Summer: 4127 N. Hermitage
We last chattered about this 4-bedroom single family home at 4127 N. Hermitage in Ravenswood in May 2009.
See our prior chatter and pictures here.
It sold in July 2009.
3 out of the 4 bedrooms were upstairs and it had a finished basement. Many of you thought it would sell in the low $700,000s or even the $600,000s.
Kristi Gunther at Re/Max Exclusive Properties had the listing.
4127 N. Hermitage: 4 bedrooms, 1 bath, 2 half baths, 2 car garage, no square footage listed
- Sold in March 2001 for $575,000
- Sold in August 2003 for $660,000
- Was listed in May 2009 for $769,000
- Reduced in June 2009 to $759,000
- Sold in July 2009 for $739,000
- Taxes of $4666
- Central Air
- Fireplace (decorative only)
- Bedroom #1: 14×13
- Bedroom #2: 14×11
- Bedrooms #3: 14×11
- Bedroom #4: 11×8
Congrats to both parties – it is a pretty house.
A sfh house with one shower – $740k. Are we talking about North Center or the O.C. California? Sometimes I can’t tell the difference.
“Congrats to both parties – it is a pretty house.”
More like congrats to buyer on a getting a nice house. Congrats to the seller on the price.
HD – yeah, for 740k I’d like a working fireplace myself. I have a gas one now and it’s just not the same.
Seems a bit much for basically a house with only one full bath. I am sure one of the others can be expanded though (at least that is what I would be considering if I were the buyer).
At least the bedrooms are reasonably sized. Cost of living in the city ain’t cheap, but it is like that in most major cities. The urban “in town” areas aren’t cheap.
russ, what does urban “in town” mean?
In my mind, it means not living in some cookie cutter suburban tract home with a walk score of zero. Every major city I have been to (even some not so major) where people have these old homes located in “city like” neighborhoods, they aren’t cheap. Smaller homes, old (but generally renovated), relatively close to downtown areas, shopping, maybe a college town, etc.
This home in the yuppified DINK neighborhoods in Atlanta would still probably be $500k, if not more. Even in Kansas City.
Might be cheap in Detroit though…
This loan was a $417 + $200 which is a 16.5% down payment, not even a full 20%. Borrow borrow borrow! Leverage yourself up because you’ve got the w-2 which says you can pay $3,500 a month or more for your mortgage!
You know the RE bubble mindset is still around when deals like this continue to happen.