Email Elizabeth411 U St Sacramento CA 95818
Second Chance to Buy Vintage 1927 Bungalow by Southside Park
Within the first 6 days on the market, this vintage 1927 bungalow by Southside Park in Sacramento attracted a ton of attention. We were close to offers with 2 other agents when another buyer’s agent quickly submitted a purchase offer. That action resulted in a pending sale for a few weeks. It didn’t last more than a couple of weeks in escrow because the buyer was unhappy that the home wasn’t bolted to the foundation. However, no homes of this vintage are bolted to the foundation. She should have known that going into the transaction.
You never really know what will trigger fears in a first-time home buyer, which is why the buyer’s agent’s job is so incredibly important in a transaction. Can’t really speak to what transpired in this situation except that the buyer lost a beautiful home in a wonderful location that fit everything the buyer supposedly wanted. Or, so they say. Not privy to what actually goes on. A Sacramento listing agent never gets to talk to buyers under fiduciary with a buyer’s agent.
The home inspector also noted in the home inspection that a breaker switch was inoperable. It wasn’t. Turned out the inspector did not flip that breaker switch into the Off or On position. It had been shoved into an intermittent position. But you know, they don’t license home inspectors in California. Anybody can become a home inspector. No idea about that particular inspector’s experience level, either. The guy could have just made a mistake. Dunno. Regardless, the seller replaced the breaker switch anyway, just to alleviate any future problems.
We have a clear pest report on this vintage 1927 bungalow by Southside Park. This home has been babied by the seller ever since he purchased it. I’ve never seen a seller pay such meticulous attention to a home. Even the smallest of details seem to attract massive focus from the seller.
If you’d like an affordable and darling vintage 1927 bungalow by Southside Park, why not check out this 2 bedroom, 1 bath home at 411 U Street, Sacramento, CA 95818? Offered exclusively by Elizabeth Weintraub and Lyon Real Estate at $349K. This is your second chance — the second chance that doesn’t come around very often, you know!
The information in this advertisement, including, but not limited to, square footage and/or acreage, has been provided by various sources which may include the Seller, the Multiple Listing Service or other sources. Lyon Real Estate has not and will not investigate or verify the accuracy of this information. Prospective buyers are advised to conduct their own investigation of the Property and this advertised information utilizing appropriate professionals before purchasing this Property.
How Long Did It Take to Sell a Southside Park Bungalow at 411 U Street?
Before I tell you how long it took to sell a Southside Park bungalow over on 5th and U Streets, I can share a few other details leading up to this. I know people see the days on market and wonder if they should go into Sacramento real estate. It all looks so easy. Although it is not that easy, and I suspect some people find it difficult to believe. They do not understand why the professional agents, those like me with four decades in real estate, can turn over inventory so fast. Couldn’t possibly be because we know what we’re doing, now could it? Must be because the market is so danged hot.
Well, I’ve got news for you. The market is not all that danged hot anymore. I keep saying it, but we are on the tail end of the seller’s market. Because I’ve weathered four decades of real estate and been through a dozen up-and-down markets, I know how to adjust to market conditions. My marketing is chameleon-like. It changes with the market movement. You know how chameleons change colors depending on their environment? If they land on green grass, they turn green. They become brown when crawling up a tree trunk. Well, that’s what I do.
I first started to work on this property last April when I was in Hawaii. In fact, continued to work on it when I made my next trip to Hawaii in June. We got the pest report, which was minimal, not even $500. Which is unusual for a Southside Park bungalow home built in 1927. The seller took meticulous care of this home. We made a number of trips to the house to advise the seller on preparation.
While looking over the comparable sales, I decided to advise the seller to increase the price he initially had agreed upon. We could get more money, given the competition at the time we went on the market. Sure enough, first day on the market, an interested buyer popped up. She has $100,000 to put down. But she spent too much time thinking about making a purchase. Enter a second buyer. Then a third buyer.
The third buyer, well, I thought we’d get an offer from that agent but in the meanwhile, the agent with the second buyer called. Of course, I let her know about buyers #1 and buyers #3. We could get an offer from either one of those buyers any minute. So she swooped in with an offer for her buyers and the seller accepted. Just as a courtesy, I let the other agents know the Southside Park bungalow is now pending.
This is how buyers lose a home. Not acting fast enough.
411 U Street, Sacramento, CA 95818 is pending after 5 days on market. Darn, I’m all out of listings again.
Sacramento Downtown Bungalow Ready for First Time Home Buyer
Who can resist this adorable Sacramento downtown bungalow? Built in 1927, this is in a row of vintage bungalows, close to Southside Park. Perfect for a first-time homebuyer or an investor. All fixed up and ready to move into.
The seller says the roof was installed in 2011. All the major work has been done on this home. It oozes curb appeal.
Look at all the cabinet space in the kitchen. And the cabinets are tall, they reach the ceiling. Newer vinyl flooring and a space opposite the cabinets for a breakfast nook.
The living room is very large as well. You can see part of the ceiling fan in this photo, under which you could set a dining room table, if you didn’t want to use the breakfast nook in the kitchen. Although the space in this Sacramento downtown bungalow is on the cozy side, it is very nice to have options, don’t you agree?
Both of the bedrooms sport picture rails and ceiling fans. Not only is there a closet in each bedroom but also storage above the closets. This bedroom sits toward the back of the home so it features an extra window.
You’ve also got a laundry room off the back porch with hookups for a washer and dryer, plus a window that lets in light. So much light in this home, despite being surrounded by trees. Look, there is a porch off the back laundry room, too, plus a storage shed!
Come see this row of bungalows on U Street for yourself. You can call Elizabeth Weintraub at 916.233.6759 for a private showing, or come to our open house on Sunday. 2:00 to 4:00 PM, July 15th, hosted by the incredible Barbara Dow from the Elizabeth Weintraub Team. See the virtual tour of this charming Sacramento downtown bungalow here.
411 U Street, Sacramento, CA 95818 is offered exclusively by Elizabeth Weintraub and Lyon Real Estate at $349,000. Clear pest report available.
