The Petalumahomes.com Realty WebLog

Home of the Week! 888 Bodega Ave, a builder’s loss in your gain!

Local builder buys for $850,000, and loses the house - now his 2900 SqFt West Petaluma home is yours for $571,000.  

Vitals

Address: 888 Bodega Ave, Petaluma West 94952
Price:   $574,900
Beds/Bath: 5 Bedrooms, 3.0 Bathrooms, 2996 SqFt interior, 11,326 SqFt lot
Ups: Built ~2006, wood floors, granite kitchen, lots of space, big lot
Downs: No garage, busy corner, integrity of construction unknown   

Welcome home, with you and your four children, family members, or friends!This property at the corner of Bodega Ave and Bantam has been on the market for the majority of 2007, FISBO actually, for the cool price of $850,000.  Following a foreclosure, however, the bank is attempting to give it away for roughly $575K. 

It’s actually quite sad, knowing that this was probably someone’s stifled attempt at their dream home.  But this is still America, regardless of our current administration’s policies (but that’s another issue), and thus one man’s downfall is another’s opportunity. 

I hate to sound sarcastic, but the truth is that the real way out of this housing mess is to become responsible homeowners, part of that obligation is to care for these numerous foreclosed properties which are, after all, our neighbors, and determinants of our own home’s value.   

Nice kitchen, isn’t it?

So, slap on a pre-fab steel garage with permits for around $50,000, let me write the offer for you and I’ll knock off some dollars off that asking price, and you’ve got yourself a relatively giant family home for about the price of a clean 3 bedroom bungalow. 

Those are real wood floors, by the way.

Like to see it?  Drop me a line today for a preview, or for the latest Sonoma County bargains! -Armand  

Listed by Doug Solwick, Keller Williams Realty