Port Pirie, SA mortgagee sold for $45,000 loss
A Port Pirie, South Australia mortgagee home has sold for $66,750.
The home sold after it was placed on the market for 400 days.
Sean Manfield of Wardle Real Estate marketed the property.
Situated at 8 Swan Street, the three bedroom one bathroom abode has one carport space and six garage spaces.
Set on 864 square metres, the home was built in 1954.
The house was being offered for less than it sold for in 2004 when the home transacted at $102,500.
It saw its asking price slashed to $89,000 from $145,000 over the course of the life of the listing.
Following the 2004 sale a DA was submitted in 2007 for a garage/shed with a build value of $9,037.