Friday, October 15, 2010

Available - Boise 2/1 SFH for just $62,400, sold in 2003 for $91,900



Investor Special - 3112 Bryson Ave, Boise, ID.
Call Jon at 407.9546 or Blake at 921.5934 for more details

Excellent Deal from historical perspective- Priced to sell 'yesterday' - Pre 2000 value

This House
Year Assessed Value Sold on MLS
2010 $107,100
2008 $149,800
2006 $ 103,000
2003 $ 88,600 $91,900
2000 $ 76,700

Buy the best value in the area. In a 1 mile circle around this address, this is the lowest price for any house that has sold in all of this year! It is really a great price. The house at 3064 Bryson, just two doors to the south sold last month (Sept. of 2010) for $89,900! And it was a Bank owned foreclosure with 3 beds and 1 bath, but just a 1 car garage!

Your price: $62,400. That is more than $29,500 less than it sold for in 2003 which was before the real estate bubble when prices got too inflated, and $27,500 less than the house on the same street that just sold last month. That's even pre 2000 nominal values (based on the assessment, which up until 2006-2007 was almost always lower than actual market value) and if you were to adjust for inflation it would be even cheaper. Why so cheap? We bought this house at an auction and need to free up our cash to use on some other projects we have going on, and so we're looking to sell it as quickly as we can, even though it's a steal at this price.

Inexpensive, Turn-key Investment
Cosmetic fixes only. This is a great little 2 bed 1 bath house that just needs new floor coverings and paint. There is a large two car garage and good sized back yard. It would be really easy to rent on a quiet street right off of Ustick. Or buy it now while the market is down, fix it up and sell it in a couple of years for a great return.

House Specifics:
930 sqft
2 bed 1 bath
2 car garage
.16 acre lot
Built in 1982

Call Today and put your money to work for you! Jon: 407.9546 or Blake: 921.5934

3112 N Bryson Ave., Boise, ID 83713




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