As we confirmed yesterday, our tipster was correct and the Henry Hill designed District 4 home at 2209 9th Avenue sold to a private party on the courthouse steps in December.
So here’s the full plugged-in scoop, while the bank’s published bid for the foreclosure auction of 2209 9th on December 3rd was $977,367, the opening bid was actually $556,488, and the winning bid $687,900 cash (or rather cashier’s checks).
The buyer has since reconfigured the kitchen with new cabinets and counters tops, refinished the floors, and repainted. And the property will be back on the market by the end of the month with an expected list price under $900,000.
Once again, the Forest Hill home last sold on the open market for $1,126,000 in 2005 with a $900,800 loan ($225,200 down) and has now been remodeled twice since.
Oh Henry! As 2209 9th Avenue Is Handed Back To The Bank Sold! [SocketSite]
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A Well Designed District 4 Data Point Is Withdrawn (2209 9th Ave) [SocketSite]

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Comments from “Plugged-In” Readers

  1. Posted by anon

    yeah, this is going to end well

  2. Posted by lolcat_94123

    brutal.
    that’s a serious cashier’s check though.

  3. Posted by tipster

    Given that no one seems to know the opening bid price in advance, how do you produce a cashiers check for your bid.

  4. Posted by SocketSite

    Given that no one seems to know the opening bid price in advance, how do you produce a cashiers check for your bid.
    The most common strategy is to bring multiple checks in various denominations which are then countersigned and combined as needed.

  5. Posted by sfrenegade

    Just bring a stack of $1000 money orders and then Benjamins and assorted bills, tipster. :)
    You don’t even need a brief case, since it’s only 687 USPS money orders plus 9 Benjamins. Of course, the clerk might go postal from having to issue that many.

  6. Posted by lol

    To cover any bid from 5K to 800K, I’d bring the following:
    400K
    200K
    100K
    50K
    30K
    15K
    10K
    5K

  7. Posted by SocketSite

    A remodeled 2209 9th Avenue has returned to the market listed for $829,000.

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