Ridgewood, WA mortgagee listing slashed $85,000 and sold

Ridgewood, WA mortgagee listing slashed $85,000 and sold
Ridgewood, WA mortgagee listing slashed $85,000 and sold

A Ridgewood, WA mortgagee home has been sold for $305,000.

First listed in 2017, the property came to market with a price guide of $389,000.

Josh Douglas of Professionals marketed the listing.

Situated at 2 Roundwood Circuit, the house was built in 2013 and listed as a rental as recently as March of this year.

Set on 412 sqm, the four bedroom, two bathroom abode features a theatre, oversized garage, and a well-appointed kitchen.

Following the unsuccessful campaign in 2017, the property was relisted for more than 300 days in 2018. This latest campaign only lasted 35 days before finding a buyer with a price guide of $305,000.

In June and September of 2017 as well as March 2019, the property was listed as a rental seeking $320/pw.

A reduction on what it sought as a rental in 2016 when it was listed for $380/pw.

Last sold in 2011, the previous home residing on the plot sold for $184,000.

Ridgewood, WA mortgagee listing slashed ,000 and sold

The median sale price for a home in Ridgewood is $395,000, according to CoreLogic, which calculate its annual change in median price over the past 10 years as -0.1%.

Tags: 
Mortgagee Sale Ridgewood

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