As we first reported when the tenant occupied single-family home at 1532 Church Street hit the market two months ago:
The list price and lack of interior photos for 1532 Church Street make a little more sense considering possession is subject to tenant rights and it’s currently rented for $1,154 per month. But at $699,000, the single-family Noe home is sure to generate a fair amount of interest and most likely an eviction notice soon after its sale.
Having closed escrow with a reported contract price of $730,000 last month, the Noe home has returned to the market emptied of its carpet and tenants and listed for $895,000.
Based on the quick turn, we’re guessing cash was likely the carrot but the threat of an eviction might still have been a stick.
∙ Listing: 1532 Church Street (2/1) 1,114 sqft – $895,000 [MLS]
∙ Sure To Generate Interest (And Likely An Eviction Notice) [SocketSite]
∙ Landlord or Owner Move In Evictions [sftu.org]
By With House Rules To Effect An Eviction [SocketSite]