2209 9th Avenue
As we wrote in February 2009:

Purchased for $1,126,000 in 2005, remodeled and returned to the market for $1,195,000 in June of 2008, the Henry Hill home at 2209 9th Avenue was withdrawn without selling in July. Back on the market today and listed for $995,000.

We can’t call it an “apple” for a couple of reasons (including the view blocking new home next door), but we also wouldn’t dismiss this well designed data point out of hand.

As we added that June:

The list price was reduced to $939,000 in March. And while previously in escrow, today the listing was withdrawn from the MLS, either without a closed sale (most likely) or to avoid reporting the contract price (a not too uncommon new development trick).

And as a plugged-in tipster adds today, it would appear that the Henry Hill home at 2209 9th Avenue was returned to the bank three weeks ago with $687,900 owed on its first sold.
UPDATE: While we can’t yet confirm (stay tuned), our tipster has good reason to believe that it was actually a private party that picked up the property from the bank with a winning bid of $687,900 (versus over $900,000 owed).
UPDATE: Consider it confirmed, purchased on the courthouse steps for $687,900 cash.
Two Well Designed Data Points We Wouldn’t Dismiss Out Of Hand [SocketSite]
Mid-Century Modern That’s Been Remodeled: 2209 9th Avenue [SocketSite]
Another Mid-Century Modern Casualty: A Shift In Tastes Or Appetites? [SocketSite]
A Well Designed District 4 Data Point Is Withdrawn (2209 9th Ave) [SocketSite]

Recent Articles

Comments from “Plugged-In” Readers

  1. Posted by Rocco

    It’s small, it’s not Henry Hill’s best house, and it’s also a cautionary tale: Don’t buy a house next to an empty lot.

  2. Posted by El Bombero

    Another down payment down the toilet.

  3. Posted by SocketSite

    Consider it confirmed, purchased on the courthouse steps for $687,900 cash.

  4. Posted by EH

    Sweet deal for somebody.

Add a Comment

Your email address will not be published. Required fields are marked *