Nov 19, 2008

Little Green House


I went out photographing, just within walking distance on Sunday morning. I've noticed this cute little green house years ago. Earlier this summer it was up for sale, for too much, not that it mattered. Now it's standing empty. Out of curiosity I looked it up on Redfin and PropertyShark.

It's 1,033 sqft, sitting on a 5,804 sqft lot. It sold in 1989 for $220,000 and again in 2001 for the exact same amount. Then in 2006 it sold for $540,000. It seems to have foreclosed in August this year. It confounds me that people honestly found nothing unusual about the value of a house in a not so special neighborhood going up 245% in five short years.



Across the street used to be a yellow house, but it's gone now, replaced by an apartment building of nondescript color. I took a few pictures before it was gone, but my best shot was not of the house but the backyard.

4 comments:

Anonymous said...

I love that you jump fences for treasures. 1989 was also the peek of an inflated market where people found themselves holding a reversed mortgage.

Vanda said...

I consider unoccupied properties fair game for fence jumping. Especially the ones that are likely to be torn down soon. I have a bad feeling that it might be the fate of the green house.

Anonymous said...

Me too Vanda. It's also interesting to see the things people choose to leave behind.

Petrea Burchard said...

Your photos make me want to be more brave.