Now that spring appears to have sprung in the Dubuque area, I thought it would be a good time to update the photos at 7474 Ridgeview. We haven’t felt 40 degree temps since December 1st, 2009!
The sellers have moved on to sunny California (winter, what winter?). Well, with the home now vacated and having received a new coat of paint in the lower level family room, it’s time to preform a refresh on the listing photos (sorry Bears fans, the team colors had to go!).
Click any of the thumbnail images to open the viewer window, there are also arrows embedded in each photo so you can scroll through the series…
For home details, including pricing, click here…
{ 4 comments… read them below or add one }
Just to wonder they paid 113,200 for the house. What did they all do to make it 160,000???
Would 135,000 be out of the question?
I was looking at this house for a friend I live near here. I knew the people before that owned this house the basement was awful. The yards are not even level. They need to come down a bit
Hi Jen, I’ll do my best to help your inquiries all here in one comment reply. A lot of this is best done “offline” but I can answer some general questions about the home. The sellers bought it in 2003 as a bank-owned home, basically as a foreclosure for $113,500. In running a simple (Dubuque area) price appreciation analysis from FHFA.gov’s price appreciation calculator, it shows a simple market gain to $140, 174. Considering that many foreclosure sales occur under standard market value, the $113,500 is not a reliable starting point in terms of determining value.
Now what improvements have been done to the home? They essentially touched just about every wall, floor, & fixture in the home. They reconfigured the two smaller bedrooms as one very large master bedroom, re-added the third bedroom into the lower level, added a full bathroom in the lower level, carpeting throughout, tile (kitchen & baths) and laminate (dining & hallway) flooring, light fixtures, added a lower level bar, landscaping, new paint, etc.
Now, would an offer of $135,000 be out of the question? I really can not answer that for you directly in that regard. You, if as a serious buyer, were to put an offer on the home, I’m sure the sellers would examine said offer and make a counter-offer if they felt it was warranted. Over the last year homes in the general Dubuque area have sold for 3.04% off list price. Some sell for 10% off, some a few point off, some full price, and even a few OVER list price.
If by “the basement was awful” I assume you are talking about the now-removed Chicago Bears theme. While that fully served the likes of the sellers, perhaps a Packers or Vikings fan would object. It’s now gone, we’ve painted the entire family room area in a neutral tan color. Level yard(s) in Dubuque? When you find one, let me know about it (just kidding, had to say that).
I hope I answered your questions as best as I can. If you would want further information don’t hesitate to contact me directly, see the Contact Rob… button above, thanks.
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