November 27, 2006

Did you ever want to buy a boarded up house for $585,000?

MLSlistings Property Detail for MLS number 666967
481 6TH AV
Santa Cruz, CA 95062
$585,000

4816th.jpg
This Single Family Residence has the following features:
MLS#: 666967 Approx Age: 66 Years Approx Sq Ft: 686
Detached Single Family 1 Story Cottage/Bungalow
2 Bedrooms 1 Bathroom 1 Shower over Tub

What? It doesn’t say that this is perfect for a First Time Buyer? I’m shocked! Shocked I tell you!

Here are some more photos:

4816th-b.jpg Ok… I give up. What happened to this house? I thought it was fire damage, but that doesn’t really look like it either. What’s your theory?
(Thanks to Burbed Reader Lynda for this one!)

Posted by: burbed @ 5:16 am

3 Responses to “Did you ever want to buy a boarded up house for $585,000?”

  1. Toni Says:

    I think it’s a mildrew problem.

  2. Joe Says:

    Looks like Harry + Marge Homeowner tried thier hand at remodeling……

  3. Jeremy Says:

    It’s clearly a flipper that got in over their head:

    From zillow:
    Sale History
    09/28/2006: $528,338
    05/02/2005: $615,000
    No other sale data is available

    got part way through a remodel, ran out of money, trying to get rid of the property for some kind of profit.

    in the upper right pic it looks like they ripped out the kitchen wall to open up the space (outline of previous wall in the linoleum on the floor), but the wall was load bearing…so they had to put in that new giant support beam. that probably killed their budget, scared them half to death, and there could even be permit/inspection issues at this point ($$$).


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