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Old 08-03-2007, 03:10 PM
 
920 posts, read 2,812,577 times
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I am drooling over that modern house that Cary just posted. I would point/click and buy it right now, if I could.

 
Old 08-03-2007, 07:00 PM
 
250 posts, read 1,245,634 times
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Quote:
Originally Posted by suncat View Post
I am drooling over that modern house that Cary just posted. I would point/click and buy it right now, if I could.
Yeah I'm drooling too. If I didn't have plans to go boating with friends on Jordan Lake tomorrow, I'd be all over that open house. I'm sort of hoping it doesn't sell too quickly and that I'll have another chance at an open house. Since I'm not a really an interested buyer, it doesn't feel right to ask for a personal tour.
 
Old 08-06-2007, 06:29 PM
 
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Here is one I came across this evening. It is located in downtown Fuquay. It was built in 1947 and has a very interesting looking Bonus Room!



Check out all that wood!



 
Old 08-06-2007, 06:55 PM
 
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There is a listing for a Cary home built in 1884. It is located in the downtown area a few houses away from the Matthews house (See The Matthews House). The address is 106 S Dixon, Cary, NC 27511 and the listing number is MLS ID# 934465. Priced at $242,000 with4 Bed, 2 Bath, 2,200 Sq. Ft. and 0.46 Acres. Full details can be found and a couple of pictures can be found at REALTOR.com: Find a Home - Listing Detail.
 
Old 09-20-2007, 07:30 PM
 
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Thumbs up Update

Quote:
Originally Posted by North_Raleigh_Guy View Post
Anybody come across any unusual properties for sale in the area lately? By unusual I mean in price, size, or architecture style?

I have come across two interesting ones in the past week:

1) A 1917 Bungalow in Mordecai near downtown Raleigh listed at just $175K sold "as is". I drove by it yesterday on the way home from work out of curiosity. It looks like it was probably a lovely home in its time, and I'm no expert, but it looked like it would take another $150K to make it livable.

I was checking listings tonight and I came across this house again. It ended up selling for $180K back in August and was promptly rennovated. Now it is back on the Market listed at $269,500.

Should be interesting to see if this flip works out. I guess I was wrong in assuming it needed $150K in repairs. Looks like the flippers have sunk considerably less in the house. Maybe they were a DIY types!


MLS # 956470
 
Old 09-20-2007, 08:25 PM
 
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Hmmm ... call me a pessimist, but that sounds worrisome. I would have expected it to take longer to fix up that property. Makes one wonder how good of a job they really did with the place - if they just took care of the aesthetic details and ignored bigger structural problems.

But hey, what do I know? I've never renovated a house before.
 
Old 09-20-2007, 08:27 PM
 
Location: Cary, NC
43,266 posts, read 77,043,330 times
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Quote:
Originally Posted by MrsSteel View Post
Hmmm ... call me a pessimist, but that sounds worrisome. I would have expected it to take longer to fix up that property. Makes one wonder how good of a job they really did with the place - if they just took care of the aesthetic details and ignored bigger structural problems.

But hey, what do I know? I've never renovated a house before.
Slowness doesn't guarantee quality.
If a rehabber is organized and has quality crews and a plan good stuff can happen fast.
That house was a pretty straightforward job.
 
Old 09-20-2007, 08:33 PM
 
3,021 posts, read 11,054,971 times
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Mike, I had forgotten that you got to see that house when it was originally listed! You should go check it out now that it's on the market again ... and give us a full report, of course.
 
Old 09-20-2007, 09:10 PM
 
Location: North Raleigh
820 posts, read 2,787,022 times
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Quote:
Originally Posted by MikeJaquish View Post
Slowness doesn't guarantee quality.
If a rehabber is organized and has quality crews and a plan good stuff can happen fast.
That house was a pretty straightforward job.
I've seen a number of work vans from one company outside of maybe 8 different homes here N. Raleigh lately. The rehabs I've seen of theirs looked good and completed in a small amount of time.

It also seems like they know how to market since the vans have been parked at the listed houses after the rehabs have been completed.

Last edited by tlh1005; 09-20-2007 at 09:45 PM..
 
Old 09-20-2007, 09:34 PM
 
9,848 posts, read 30,273,258 times
Reputation: 10516
Quote:
Originally Posted by North_Raleigh_Guy View Post
I was checking listings tonight and I came across this house again. It ended up selling for $180K back in August and was promptly rennovated. Now it is back on the Market listed at $269,500.

Should be interesting to see if this flip works out. I guess I was wrong in assuming it needed $150K in repairs. Looks like the flippers have sunk considerably less in the house. Maybe they were a DIY types!


MLS # 956470
BEFORE (Circa 1995)



After (September 2007)

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