Thursday, January 1, 2009
A new low $26 s/f
Let's start out the new year with a new low. Just when you thought the prices couldn't go any lower. 9555 Tanzanite Ave in Hesperia hits the market. This "gem" is a 4 bedroom, 2.5 bath home and its just a smidge under 3000 s/f. It was built in 2005 and sold for $415,500 new from the builder. It went back to the bank in Nov and they now have it listed for $99,990 or $33 a sq/ft. Now, the listing does say it's a fixer so we can assume the previous owners either stripped it or just thrashed it on the way out. How much work and $$ it will take to get it habitable is hard to establish from the rather lame-ass listing. A few pics or some description of the things that need-a fixin' would be nice. Oh, then there is the bigger problem of it being in Hesperia......
How 'bout somthing closer to civilization. 25347 Court St, San Berdu. This is an older place just spittin' distance from the airport. It's a 4 bedroom, 3 bath home and it's 2880 sq/ft in size. This one looks like a victim of equity extraction. The last owner bought the place in 2001 for a modest $92k. He lost it for just under $200k and now it's listed for $99,990 or $35 a sq/ft.
Heading back to BF-Egypt we find 8733 Buckthorn Ave, Hesperia. This spacious 3851 sq/ft home sits on the golf course. It was built in 1959 and judging by the price it's probably all original. This last sold in 2000 for $138k (I think, there are some goofy sales posted for this one). It's now a lender owned and listed for $99,990 or $26 a sq/ft!!