• PutangInaMo@lemmy.world
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      1 year ago

      Lol $52,200 estimated sale value with $2380 rent value.

      That’s how batshit crazy real estate is right now wtf

      • jaybirrd@lemmy.world
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        1 year ago

        Not quite that crazy. The $52,200 is the assessed value for property taxes which is typically much lower than the true value of the house that it would sell for.

    • 4orty4@lemmy.world
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      1 year ago

      Assessed value is often very different from the actual/sale value of a home because it refers to the value that the home is taxed on and is subject to all sorts of limits depending on where the home is and which laws it’s subject to. For example in some states assessed value can’t increase above a few percent a year unless the home is rebuilt.

      • jaybirrd@lemmy.world
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        1 year ago

        Yeah it’s more accurate to look at the sale/listing price history. That shows that this house was listed as high as $599k in 2018 and dropped as low as $249.5k before it was taken off the market in 2019 with no sales. So theoretically it would have been bought for less than $250k but the seller wasn’t willing to sell that low and may be waiting until the market in Detroit appreciates before putting it back on the market.

    • Ath47@lemmy.world
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      1 year ago

      It’s in the middle of Detroit. Even at 50k, you’ll lose money on that investment.

    • fing3r@feddit.de
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      1 year ago

      You should take a human dose, I don’t think that little LSD will do anything for you.

  • AFK BRB Chocolate@lemmy.world
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    1 year ago

    I’m not sure I could actually form a complete thought inside that house. Maybe if the thought was, “I need to get out of here!” I thought it was bad at the beginning, thinking these people sure did go with their style, but then there was another style, then another.

    The realtor should have made them empty the place for the pics.

    • mikeboltonshair@lemmy.world
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      1 year ago

      They must have specifically said I want it photographed the way it’s staged (prob just normal every day living) like with the dolls sitting at the table lol

      This person really likes a theme

  • Countess425@lemmy.world
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    1 year ago

    It’s glorious and should be registered as a National Landmark.

    It looks just like my grandparents house from the mid 60s. My grandmother still has a wall of mirrors in her condo now.

  • Tenthrow@lemmy.world
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    1 year ago

    Have you seen the house that has a paper towel holder in every single room including the bathroom?