Sunday, May 29, 2011

Sold Properties

Posting this week's blog a little late. I guess technically since it is Sunday I missed the week. However, I am going to cut myself a bit of slack, and say I made it in under the wire.  Busy seems to be the word these days. I have been swamped just fielding leads and setting up appointments, so the blog took a back burner.

Ayway, I got a call from an old friend of mine who wants to sell her house in Lakewood PA. Lakewood is in Wayne County, sort of  in the middle of nowhere, about 20 miles north of Honesdale, and 15 or so miles west of Hancock/Lordville area. Nice countryside, but further out than most second homeowners want to be.

 I have my Pennsylvania real estate license, however I do not sell much in PA, and I am not a member of their MLS. It is something I may do some day if it starts to make sense monetarily, however for now I just haven't really done more than stick a toe or two over the border.

Well my friend is looking to sell her home, and wanted me to give her an idea of what it is worth. I called a colleague that works in a PA RE/MAX office, but he was temporarily unavailable, so I figured I would as a "layman" in this information age we live in, attempt to get some information on the local Lakewood PA real estate market.

It was surprisingly difficult. Active listings were very easy to find. They were splashed across half a dozen sites, tons of pictures and info, including acreage, square footage, taxes etc. However the good stuff, days on market, price reductions, distressed property info, all that was hidden, which makes it difficult to form any sort of opinion.

And sold comp info was even harder to find. Wayne County actually has a much better tax info site than Sullivan County. Tax info  However in order to find a sold price, you would need to know it had sold, and then look each one up individually. Still that is better than here in S.C. The only way to find sold info here if you are not in the business, is to schlep to the courthouse and look it up manually.

And that is why I have decided each week to post the houses that have sold here in Sullivan County NY. I will post the ones both from the Sullivan County MLS and the Greater Hudson Valley MLS, and for the convenience of my vast audience, I will omit the duplicate listings. This week we had seven sales in Sullivan County.

Sullivan County Sold

Greater Hudson Valley Sold

Let me know if there is any other info that I have left out that might be helpful or interesting.

My pick of the week is a 115 acre parcel in Jeffersonville with a somewhat nondescript house. It has just dropped in price by fifty thousand dollars. The reason I picked this one is because of the land. It is a gorgeous piece with two ponds, woods and some really big open fields. However like I said, the house is not anything special. Recently there was a 60 acre piece that sold in Fremont in the 600K range, but the house on that one is a really great farmhouse renovation. Pretty breathtaking. However similar square footage,  the land on this one in Jeff is comparable, if not better, and there is 50 more acres!

It just goes to show you that the wow factor of the house is what sells, but if you can look past that, those are where the deals are. I'm not saying that this is a deal at 699K, but as the old saying goes, they're not making any more land.

Jeffersonville House with Acreage

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