Michael Bell's Q&A

This property sold for $712K in June 07. It was a heavy fixer and the owners/sellers restored and remodeled most every part of it. Totally new period kitchen, redone wood floors, upgrades to the baths, hardware and fixtures, Craftsman fence, patio, landscaping, paint, etc. They have permits, have City of Pasadena Occupancy, and termite clearances. Last month they had an appraisal done for $800,000, so we dropped the asking price to below that, to $799,450, and I think the price is very good. The neighborhood is awesome also. Thank you for the question and feel free to call.

I'm the new listing agent, as 2 weeks ago it reverted back to the lender as an REO. It will be ont he MLS in a few days. Call me if you are interested, it will be priced at $339,000. Mike Bell, Broker-Associate 626.796.4100.