Quick sale in Riverside

46 Terrace Avenue, Riverside, hit the market March 1 at $1.695 million, was under contract in 13 days and closed today for $1.6.

This house has always sold well, no doubt because of its location and its relatively low price. the Mickster himself had the listing back in 2003 when the house was a wreck. He priced it at $899,500, sold it in a bidding war in 13 days for $902,042. The house was renovated and has sold repeatedly, for a nice gain each time except during the bad old days of 2009, when these owners picked it up at a nice discount. That history looks like this:

2003 13 DOM $902,242

2004 16 DOM $1.775

2007 34 DOM $1.925

2009 142 DOM $1.425

2020 13 DOM $1.6

That said, this is possibly the ugliest staging job I’ve ever encountered, yet the house still sold overnight. The market is hot.