4421 Noble Ave (Y2/M3/D2)

UPDATE:
Price Reduced: 07/10/07 -- $849,900 to $824,900
Price Reduced: 07/17/07 -- $824,900 to $799,900
Price Reduced: 07/28/07 -- $799,900 to $769,900


This listing just came up Sunday (click to enlarge). These people bought this house in November for $705k. They have not increased the square footage at all but they think the house is now worth $850k. What could they have done to the house to justify that increase? Let me tell ya, for the additional $145k I could've put in a whole new kitchen, two new baths, a brand new jacuzzi out back, central air, a new electrical panel and all new windows in this 1,385 square foot house.

But the MLS description doesn't mention any of that:

"This charming mid-century home is just steps from the blvd. With easy access to 101, 405 & pub trans. Harwood floors, smooth ceilings, crown molding, whitewashed wood plantation shutters, french doors, updated kit with custom cabinets w/glass fronts, updated bathrooms, eating in kit, indoor laundry area, newer light fixtures and recessed lighting. The beautifully landscaped and lighted back yard has a covered brick porch and plenty of room for entertaining."

I'm pretty sure "updated" and "newer" are code words for "the previous owner did this work."
It'll be interesting when the pictures come up.

UPDATE: And the pictures are up! It's just as described. Sort of.
UPDATE: So, maybe the agent was reading this? Because on 7/10 the MLS description was updated to read "mid-century ranch."




Don't get me wrong, this looks exactly like the kind of house I would buy; it's a very sweet little house. But, Honey, it just aint no $849k house. Who would pay that for this house? Seriously.