Tuesday, February 3, 2009

Can I interest you in a castle at 63% off


Ok, so it's not really a castle but this is still a cool looking house.

2881 Rumsey Dr in Riverside is in the Victoria Woods area just south of Victoria Ave. This house was built in 1926 and from the few pictures it's a very cool property. I really wish they had included more than 7 pictures. The estate is covers nearly an acre and the home is just under 5000 sq/ft. It last sold in 2006 for $1,475M. It's currently listed as an REO for $550K. If my math is right that's about 63% off the bubble price. It's currently listed for less than it sold for in 1998!

Nice stained glass and check out that ceiling!

More details, check out the doors. And look at the detail in that ceiling.

10 comments:

Allison said...

That is crazy. We've seen that listing forever at over 1 million.

I think 550k is a great price. Huge house though - too big.

golfer_X said...

Yea, it had been listed much higher last year. I remember looking at the listing. As long as it's in reasonable shape that's a good price. The maintenance on that place would kill you though.

Bill said...

I went to a estate sale there a while back, the pool is great, but as for an acre of property it is pretty poor layout.

golfer_X said...

And the street it's on is very funky too.

K said...

Money pit.

Allison said...

Talked to my Realtor more about this. He said he saw it not long ago and it was in great condition, not a fixer at all. Previous owner spent $125k on kitchen alone. I wonder why they don't have pictures of that...

golfer_X said...

They do have a couple of lousy pics of the kitchen. The kitchen looks a little too "Ma and Pa Kettle". It doesn't really fit with the house. It's probably a really house but the upkeep on that place would probably kill you. Can you imagine having to clean all that woodwork and then oil or polish it a couple of times a year? You would seriously need a house keeper for that place.

Allison said...

X - those pics are of the GUEST HOUSE kitchen.

Yep.

golfer_X said...

That's a pretty fancy kitchen for a guest house! If they spend that much on the kitchen why didn't the freakin realtor post a few pics?? another "tard"

jameson said...

The kitchen pictures are of the remodel. Agreed the laminate kitchen doesn't fit the house but the rats happily occupy it. Termites rule the rest of the "castle".

Wonder about $145,000??? for the Keston laminate cabinets from Home Depot.