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Old 07-31-2014, 05:44 AM
 
177 posts, read 234,000 times
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http://www.realtor.com/realestateand...61-10042?row=1

Why it is so expensive? It was only 369k three years ago.
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Old 07-31-2014, 06:02 AM
 
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It's hard to say without knowing more. It could be that the seller three years ago was distressed and had to sell quickly (and the market was down) and/or the new owner made a lot of improvements. It could also be the owners are just asking too much... you can list a house for whatever you want. If it sells or not is another question. If you are interested in it, it would probably be best to talk to a real estate agent... he or she might know more of the why (and if it's a legit price jump).
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Old 07-31-2014, 06:05 AM
 
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First line of the property description - "Sun drenched home with updates galore". Current owner probably did all of the updates.
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Old 07-31-2014, 06:33 AM
 
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There is a "See Improvements" link for that house. Have you tried that?
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Old 07-31-2014, 06:57 AM
 
Location: Northern Virginia
5,104 posts, read 5,403,142 times
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My initial thought is that it was a short sale or foreclosure. The current owners bought it at $369k and then made a lot of updates. Although there remains a couple of cosmetic things I would update - replace the linoleum in the foyer (photo #3) and the kitchen cabinets look like they are original albeit with a fresh coat of paint and new hardware. Although functional as-is, I would probably want to update the cabinets at some point. Keep in mind the updates could include improvements and repairs that are not obvious in the photos such as plumbing, electrical, etc.
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Old 07-31-2014, 08:01 AM
 
1,198 posts, read 1,834,185 times
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You can see the 2011 listing here: 6302 GREELEY BLVD SPRINGFIELD VA 22152 MLS FX7464831 | HomeTryst

Doesn't look a ton of difference from what I can see. Looks like kitchen is still the same, as is foyer, bathroom, and back patio. Maybe the updated the parquet to hardwood - can't tell if it's the same room.

The zillow estimate is $470K which is more in line with market recovery from 2011 until now. Home appears to just to be massively overpriced it will be interesting to see what it sells for and how long it takes.
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Old 07-31-2014, 08:38 AM
 
Location: northern va
1,591 posts, read 2,139,607 times
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mildly overpriced imo. Great neighborhood though so there is demand.
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