Get a 3-Bedroom Victorian in Andersonville for Under $500K: 1736 W. Berwyn
This 3-bedroom vintage Victorian at 1736 W. Berwyn in Andersonville just came on the market (so I don’t yet have a picture).
It is listed as a short sale for $106,000 under the 2006 purchase price of $605,000- at $499,000.
Built in 1891 on a 26×124 lot, it has some of its vintage features intact including a formal dining room with a coffered ceiling, built-ins and french doors.
There are hardwood floors throughout the first floor.
The kitchen has maple cabinets and a stainless steel refrigerator but a white stove.
The house has the preferred layout with all 3 bedrooms on the second floor along with a bath.
There is a family room in the lower level along with the laundry room and a full bath.
Homedelete will be pleased to know there appears to be a half bath on the main level.
The house has central air and a 2-car garage.
Is this a deal?
Randie Shapiro at Koenig & Strey Real Living has the listing. See the pictures here.
1736 W. Berwyn: 3 bedrooms, 2.5 baths, 2 car garage
- Sold in April 1992 for $200,000
- Sold in November 1998 for $312,500
- Sold in October 2006 for $605,000
- Currently listed as a “short sale” for $499,000
- Taxes of $6808
- Central Air
- Bedroom #1: 15×11 (second floor)
- Bedroom #2: 11×11 (second floor)
- Bedroom #3: 10×9 (second floor)
- Family room: 12×26 (lower level)
Appears to have been 100% financed (2d are always dicey to assume. 80/20) at closing, with a $80k mortgage from Mar-08 (which may have been a reduction of the original 2d, or may not).
But, likely short, after transaction costs, on the 1st alone, at ask.
Should be listed as a “way short sale.”
“Should be listed as a “way short sale.””
Nah, any over 80% second lien lender from 05-08 *has* to know that their asset is basically worthless. Doesn’t much matter if it’s $5k or $500k–still ain’t getting a dime.
meh, house for midgets, would hate those bedrooms and basement as a tall person
2nd lien holders can & have scuttled short sales before. the option to stop a transaction is not worthless at all. can be worth a bit to be bribed to walk away.
It only has a SS fridge, but stove and overhead microwave are white.
odd sink and DW location. how do you load the dishwasher while standing at the sink
But wasn’t Andersonville just puffing out it’s chest because it was the few areas that had SFH’s appreciating in value?