Friday, December 21, 2007

Revisiting Rothgeb

Several houses in the area of this rebuilders' classic have traded hands recently. Expectations for their speculations may depend on the answer to this question ... how did the house do on the market?

Still asking $1,399,000 in June 2007, the retail market price, without going over is:
HMMM ... no sale listed.

But wait, there are lights on and people living there now. It must have its Certificate of Occupancy because it has a tax value now, listed to a builder. Current standings are--

Zoning R-4 Acreage .41

Pkg Sale Date 8/17/2005
Pkg Sale Price $335,000

NEW Heated Area 5,436
Land Value Assessed $399,600
Bldg. Value Assessed $705,533
Total Value Assessed $1,105,133

Recent speculative sales on Rothgeb (based on corporate names for the purchaser) include:

Zoning R-4 Acreage .37
Permit Date 11/14/2007 (could be a demolith by now)
Deed Date 10/10/2007
Pkg Sale Price $425,000
Heated Area 1,778

Zoning R-4 Acreage .46
Permit Date (none at this time)
Deed Date 8/23/2007
Pkg Sale Date 5/17/2007
Pkg Sale Price $365,000
Heated Area 1,270

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