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Action at Old Greenwood

We’ve seen a lot of heat at Old Greenwood throughout late summer 2014. In the past week, two homes closed- both sales represented and executed by the TMR Team on all fronts. Additionally, two more homes have been put into contract since August 4th.

 

Below is a table outlining this recent activity:

Now, with only three options left on the market, I predict that 12296 Fairway Drive will be the next property in Old Greenwood to sell. Look at the price difference between the three options on market today:


If the above information isn’t enough to get you excited about this home, then this little tidbit of information should… the current owner has already contracted a ski lease for the 2014-2015 ski season. The renters will have their ski lease from January 4th to May 4th, and will be paying all of the utilities, Tahoe Mountain Club dues, etc. In other words, the future buyers of this home will have almost $22,000 of income already on the books during their first seven months of ownership. With the other two options at Old Greenwood priced almost $1M and $2M higher, the home at 12296 Fairway is a no-brainer at $880,000. Furthermore, the sellers recently upgraded all of their landscaping in the front and back yard, making this home look better than ever.