2420 10th Street [Notable Sale]


NOTABLE SALE:
 2420 10th Street
 | $2M

Why Is It Notable?

On and off the market since September of 2019, and originally listed at $2.7M, this adorable Edwardian Vernacular has been extensively modified over its 120 year history. It was adorably cute but lacked one fundamental requirement for almost all buyers of $2M+ homes:  a garage. Offsetting the deficiency was a small carriage house/studio in the back of the home. It sold for $2M or 11% below the last asking price, which is fairly remarkable for this asset, and proof that value investments can be found by a careful review of stale listings.

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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.