If you first do not succeed, try again

If you first do not succeed, try again, and again, and again, and again.

You are just looking for ONE FOOL to think your house is worth the asking price. Just one.  And there have been a lot of people that have passed 400 Bungalow Dr by without giving it a second though. According to Zillow this home has been viewed 20,998 times. That’s a lot of eyeballs.

Price History

DATE EVENT PRICE AGENTS
05/31/17 Listed for sale $1,449,500-3.3%
11/18/16 Listing removed $1,499,000
05/04/16 Back on market $1,499,000
04/21/16 Pending sale $1,499,000
04/14/16 Listed for sale $1,499,000
02/05/16 Listing removed $1,499,000
07/21/15 Price change $1,499,000-6.3%
05/08/15 Listed for sale $1,599,000+23.1%
10/20/14 Listing removed $1,299,000
10/17/14 Pending sale $1,299,000
09/30/14 Listed for sale $1,299,000+58.0%
10/19/10 Sold $821,900+143% Jim Van Zanten
07/31/97 Sold $338,500

This house has been for sale off and on since September 2014! 33 MONTHS!

Hmmm, didn’t sell for $1.3 mil back in 2014, let’s pull it.

Market is crazy again, let’s jack the price 23% to $1.6 million eight months later!

No takers… let’s drop it to $1.5 mil.

No takers after 17 months so they yank it.

Market is ever crazier for sure we can find someone to take this monstrosity off our hands. Back on the market for $1.5 mil.

What the hell is wrong with this property besides it being overpriced?

On paper it sounds like a deal 6 beds, 4 baths 2943 sqft on a 5000 sqft lot. Updated within the past decade.  There has to be something very wrong here.

Because if I really wanted this house at some point in the past year I would have offered $1.2-$1.3 mil.  And if they were motivated they would have taken it. Who knows, maybe they have been taking cash out and owe $1.45 mil.

Time will tell

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