BROKEN DREAM HOME: Vacaville w/weenie dog
By Barbara E. Hernandez
Friday, May 9th, 2008 at 3:29 pm in Broken Dream Home, The Market.
It’s time for our Broken Dream Home feature, where we unleash our frustration on the market on a poor, hapless soul who bought into the feverish buyer market of the last three years. Today’s broken dream home is a beauty in Vacaville: a 4-bedroom, 2.5-bath, 2,663-square-foot Edwardian charmer sitting on the market for 203 days (that’s almost 7 months.) It’s only been reduced once, on Nov. 13, from $749,000 t $719,000.
I think its time on the market says that no one will pay that price for the house. The owners sure didn’t in 2006.
Doing my research via PropertyShark and Ziprealty, I found that the house was bought April 14, 2006 for $699,000 by the family that now owns it. The family before that bought the home in 1996 for $240,000, which almost tripled in 10 years. They made out like bandits.
I don’t think it will be the same outcome for the current residents who look likely to lose money on the home. However, if you do buy the house, there’s a chance you may get your own weenie dog (dachshund) to guard the back yard.
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