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sevfiv

2335 Underwood

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Does anyone have any information about 2335 Underwood (c. 1940)? It's located in Braeswood/Med Center near Main and Morningside, and I came across a sewer disconnect permit (demolition) for the house. Looks like it was sold this past August to "Randall D. Newman and Joanne Swartz." Asking price was over $1 million.

map

permit

Here are some pictures from HAR:

hr1821335-2.jpg

hr1821335-10.jpg

hr1821335-5.jpg

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Wow. I can't believe people still tear down houses like this one. Let's hope the buyers are in it when it comes down!

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It did sell in August for full asking price according to MLS. That was $1.1M. The house was listed for 185 days and started at $1.5M. It was advertised as being sold in "as-is condition".

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I can not believe that someone would pay 1M for any lot in Braeswood. Maybe they are disconnecting the sewer for another reason.

flipper

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Looks like it's going:

Project No:

07102098

Date:

12/3/2007

USE:

DEMO RES/SEWER DISC

Owner / Occupant:

ALLEN C BULLOCK

Job Address:

2335 UNDERWOOD ST

Tax ID:

0400620270000008

Subdivision:

BRAESWOOD R/P

Buyer:

AAA DEMOLISHING

Address:

220 S LOCKWOOD 77011

Phone:

7139263018

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I swear this one boggles my mind. According to the MLS, this "lot" was the 5th most expensive "lot" purchase in MLS area 17 as far back as the MLS keeps track.

Granted, some "lots" are listed as houses when they sell, but this is ridiculous. This sale puts this property (in braeswood) on par with Shady Side, West U, Southampton.

Even though the land is half an acre, they grossly overpaid in my opinion.

I'm perplexed.

flipper

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Sad. For 75% of America, including myself, that would have been considered a dream home.

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hey c'mon - they saved the fridge and the washer and dryer :wacko:

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Wow. That is shocking, but if they can Replat to multiple lots (even 2) it makes economic sense. Still, 99% of the world would have multiple generations living happily in that house just as it was.

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