I've always enjoyed "checking" myself and the market.
You know, you see something for sale, and you think (either internally or externally) "No way!"
I toured this foreclosure property in Jacksonville Beach twice over the past weekend at the request of two buyers who were interested.
This particular price does not appear at the beach often at all, much less for a single family house: it's listed for $150K.
This is a 3 bedroom, 1 bathroom home with about 1800 SF. Originally built in 1954, a large portion of the space is in an addition that looks a bit unususal: it has a bulit in planter on two walls in what seems to be a large addition that may not have been properly permitted and constructed.
The MLS states this is under contract, and I had predicted it would generate multiple offers (it did), and that it may go for more than list price, as it's on a large lot (80" x 140').
I had heard, unofficially, from an agent in my office that his customer was the "winning" bid at $176K, however, his name is not listed as the selling agent.
I'll update this blog post once this property closes, in the interim, here's a video I made of the property outlining the condition: