Still Trying To Sell This 2 Bedroom 28 Months Later in Lakeview: 1658 W. Belmont
We’ve chattered about this 2-bedroom at 1658 W. Belmont in Lakeview several times over the last 2 years.
See our October 2011 chatter here.
Last fall, when it was listed at $289,999, many of you believed it would sell around $250,000.
It has recently been reduced to $275,000.
If you recall, the vintage building appears to have been converted into condos in 2006-2007.
It is a rare vintage 2-bedroom unit which also has a second bathroom as most are 2/1s.
The kitchen has the new construction finishes with granite counter tops and stainless steel appliances.
It also has the features that buyers look for including central air, an in-unit washer/dryer and parking.
Is it finally getting close to a selling price?
And whatever happened to the market being “hot”? (28 months and counting- right in the middle of the GreenZone)
Jeremiah Fisher at Prudential Rubloff still has the listing. See the pictures and floorplan here.
Unit #3E: 2 bedrooms, 2 baths, no square footage listed
- Sold in March 2008 for $315,000
- Originally listed in February 2010 for $324,900
- Reduced
- Was listed in November 2010 for $310,000
- Reduced
- Was listed in October 2011 at $289,999
- Reduced
- Currently listed at $275,000 (parking included)
- Assessments of $185 a month
- Taxes of $4590
- Central Air
- Washer/Dryer in the unit
- Bedroom #1: 12×11
- Bedroom #2: 10×9
Wow, this really suffers in comparison to the Bosworth listing. Sabrina, are you getting some sort of kick back from the Bosworth realtor? (kidding!)
“And whatever happened to the market being ‘hot’?”
Nice jab, and I agree. I’ll jump on the “$250k gets it done” as well. Very awkward/cramped/narrow layout, and I don’t like how the 2nd bedroom has easier access to the “good” bathroom. But a 2/2 vintage is rare, and I don’t see too many 2bath units with parking/central-air/in unit laundry in this price range.
If I had to guess, I’d say this unit is no bigger than 900-1000 sq ft, and even that feels like a very liberal estimate. Would rather rent than live here.
Ashland Corridor! Untouchable! Loud noises!
I’m so sick of this property…its like living over a saloon. Of course, it will perform poorly because it never should have been a good investment. Let’s discuss realistic properties and how the market is effecting those.
That is one awkward layout. The front door would be so much better opening into the hallway than the small dining room, the second bathroom is accessed through the laundry and niether has two sinks or is attached to a bedroom but across/down the hall.
When this was converted, why didn’t they work a little harder to make layouts that actually were decent?
generously estimated 900 sqft (45×20) (if the floorplan is accurate at all) probably more in the area of 800 due to the offset hallway which i didn’t take into account
Agree with Elliott, that they were trying to deliver the illusive vintage 2/2 w/parking, air and laundry with this rehab. . .
But it’s not worth trying to make a vintage place have all those criteria, if this is the floorplan you get.
Beyond the unpleasant bathroom placement, no living area within 20 feet of the kitchen is something almost no one wants.
In fairness, funny shaped building limits the options. But with the layout issues and being on a major street, seems like this should have remained a rental.
SOMEBODY has to love Scooter’s enough to buy this place
I don’t think the owners are really trying all that hard to sell this place considering it only decreased in price by $15k in nearly a year.
Scooters shuts down after Thanksgiving for a few months. It’s going to be a long, cold winter for this owner.