1519 Pine Street #2 [Notable Sale]

HOUSE EINSTEIN NOTABLE SALE: 1519 Pine St #2 | $678K  

Why Is It Notable?  
Our client wasn't looking for a forever home, just a place to call home for a few years. This three bedroom property features a classic townhome layout and three baths. Plus, it's close to our buyer's place of work, which helped sealed the deal. In the future, we expect it will be quite rentable and provide a nice investment income for the owner when she's ready for a dream home.

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Deal Notes 
This two bedroom, two bath was originally listed last August for $715,000. The market overlooked it, and the seller began cutting the price. We swooped in when the price had dropped below $700,000 and negotiated it down an additional $12,000. From a due diligence perspective, the biggest challenge was understanding the HOA and risks associated with a historic building.  

Osman Parvez  is the Founder and Employing Broker of House Einstein. Originally from the Finger Lakes region of New York, he lives in Boulder with his wife and their Labrador Retriever. He has been a Realtor since 2005.

Osman is the primary author of the House Einstein blog with over 1,200 published articles about Boulder real estate. His work has also appeared in many other blogs about Boulder as well as mainstream newspapers, including the Wall Street Journal and Daily Camera. For more information, click HERE.

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The ideas and strategies described in this blog are the opinion of the writer and subject to business, economic, and competitive uncertainties. House Einstein strongly recommends conducting rigorous due diligence and obtaining professional advice before buying or selling real estate.  

Please Note

This document contains forward-looking statements. You are strongly cautioned that investment results are subject to business, economic and other uncertainties. There are no guarantees associated with any forecast and the opinions stated here are subject to change at any time. Always consult your financial advisor before making an investment decision.