Port Pirie, SA mortgagee listing slashed $45,000, now below previous sale price

A Port Pirie, South Australia mortgagee home has seen it's asking price slashed to $89,000.

The house is being offered for less than it sold for in 2004 when the home transacted at $102,500.

Since it was placed on the market 381 days ago, it has seen it's asking price slashed $46,000.

Sean Manfield of Wardle Real Estate is marketing the property.

Situated at 8 Swan Street, the three bedroom one bathroom abode has one carport space and six garage spaces.

Set on 864 sqm, the home was built in 1954.

Following the 2004 sale a DA was submitted in 2007 for a garage/shed with a build value of $9,037.