Sold this month March 16, 2008
10112 Paradise Blvd and 10127 Paradise Blvd
Both house were fantastic deals in some in a matter of day
10112 Paradise Blvd is a 3 bedroom 2 bath 2 car garage 1816 heated square feet with a pool and it sold for $ 250,000
10127 Paradise Blvd is a 4 bedroom 2 bath 2 car garage 1932 heated square feet with a pool on the water and it sold for $532,000
These two sales might affect our property values dramatically.
They both sold this month (March 08)
A few years ago appraisers assumed that the property values are going up and up by the day and we saw appraisals coming in on the high site rather than the low end.
This is different today, what I see is the opposite, appraisals come in on the low site and short sales and foreclosures and distressed sales are taken into consideration.
Nowadays some banks even require two appraisals. I ran into a situation a few months ago were the appraiser refused to submit the report because there was a short sale closing soon and he wanted to wait for this data to come n so he could include it in this appraisal. I have never seen this before. Well as you can clearly see, it is a buyers market.
If you need more information on these two sales mentioned above, please send me an e mail or call and I will get you the details.
Market update for Paradise Island March 15, 2008
Active listings on Paradise Island
3/16/08
As of today we have 14 single family homes for sale on Paradise Island
Starting at $344,900 up to $1,599,900
Also on the market 6 town homes starting at $ 260,000 up to $ 525,000
And 12, yes, that is right 12 units in La Costa Brava asking somewhere between $155,000 and $ 298,000
This is only data from the MLS system and does not include for sale by owners on Paradise Island.
And last but not least 4 condos in Paradise tower ranging from $209,000 to $289,000
Lots of inventory for our little community. But than again with the current market condition it is not out of the ordinary.
Call or e mail anytime you have a question, or even better write a post and the whole community can see the answer.
Paradise Island pick up dates March 15, 2008
The trash pick up dates for Paradise Island are Tuesdays and Fridays.
Community info Paradise Island March 15, 2008
Paradise Island is a wonderful place to live.
It is one of Treasure Island’s communities.
Located right of 107th Ave – Central Ave.
We have condos, town-homes, villas
and single family homes on and off the water.
This is YOUR blog use it anytime you want. March 15, 2008
We created this blog for you.
people who live on Paradise or want to move to paradise Island or people who just want to stay in touch with this community.
Use it, let us know what you think, if you have any news or whatever comments.
Thank you
Anne Hensel
Your neighborhood Realtor