Thursday, March 02, 2006

What They Sold For!

Here is a list of last year's sheriff sale properties and what they sold for. This information is from the www.mctreas.org web site listing real estate tax information. If there is no deed transfer (NDT) on this web site and the owner has not re-negotiated the lien then it can be assumed that the bank has acquired the property and not changed the deed to avoid responsibility.

1420 Holly Ave. ($32,100) 317 Gunckel Ave. ($37,100)
1134 Arbor Ave (Fannie Mae) 1528-1530 Wyoming ($50,000)
31 Erie Ave. ($16,700) 1517-1519 Wyoming ($40,000)
137 Illinois Ave (NDT) 16 Gebhart St. ($32,000 by bank)
12 Virginia Ave (HUD) 1521-1523 Wyoming ($30,000)
15 Utah Ct (no sale) 1210 Arbor (NDT)
21 Anderson St. ($83,700) 1200 Wyoming ($26,000 by bank)
107 Edgar Ave (NDT) 243 Indiana Ave (NDT)
24 Edgar Ave ($30,000 by bank) 1101 Carlisle Ave(NDT)
1230 Highland Ave ($37,100) 2329 Wyoming (HUD)
1254 Phillips ($40,000) 405 Gunckel Ave ($29,000)
129 Heaton Ave ($30,000) 339 Illinois Ave (NDT)
1325 Arbor Ave, (NDT) 28 Lucerne (NDT)
1146 Carlisle Ave ($51,000 by bank) 1127 Highland Ave(HUD)
1039 Wyoming (VA) 340 Illinois Ave (NDT)
52 Illinois Ave (NDT) 19 Illinois Ave (NDT)
230 Edgar Ave (NDT) 1903 Alice $34,000 by bank)
1034 Walnut Hills Pl.($28,000 by bank) 238 Virginia Ave (Fannie Mae)
51 Missouri Ave ($47,844 by bank) 1808-1810 Wyoming ($61,000)
227 Illinois Ave (HUD) 29 Utah Ct. (NDT)
1314 Creighton Ave (NDT) 2310 Wayne Ave (NDT)
1127 Pritz Ave ($36,000 by bank) 1217 Creighton Ave ($40,100)

13 of the 44 properties (30%) have actually sold and most were to people who own several rental properties. Some reverted to HUD and the VA. The bad news is that 34% of the properties (those marked NDT) will most likely continue to sit vacant for some time.

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