We were approached by an acquaintance of our company's owner who indicated an interest in purchasing the house. I wanted to see if you had any interest and if so what you would need to sell for. The link below is to the listing where you purchased the house in 2007 for $142,800 / $72 psf. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=711388662 Assuming normal costs and seller contributions to purchaser closing costs we would need to sell in the $155,000 / $78 psf range for you to clear $142,800 from a sale. The link below is to a summary of MLS activity in the neighborhood since 02/01/10. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7113886633 The average sold price was $72 psf and the highest sold price was $99 psf for a home that had had remodeling and upgrades. Based on the data I think that a sale in the $155,000 range would be possible if the gentleman is serious and has the wherewithal to purchase a house. We are continuing to market the house as a rental and are getting good activity.
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