1/27/14

Goodbye 2013

So the triplex behind our house finally sold. It came on the market last October with an asking price of $549k, we were a little shocked by the price. This house was sold for $250k two years ago. We went to the open house and saw that this place needed major work so there was no way it would get the asking price. After two priced reductions later it sold for $400k last December.

I haven't seen the new owner yet and the current tenants are still around a month after closing. About a week ago, we saw a big dumpster dropped off in front of the building and it was filled to the rim with trash within 3 days. The past several days, the previous owner, who lived on the property was seen packing and moving his stuff with the help of movers. We chatted with him briefly and found out he bought another house in East Oakland with more room for him and his son to live in. I saw the unit he and his son lived in and it was super cramped and cavernous due to the bad layout.

I wonder if the new owner will remodel the place, keep it as a rental or will they actually move in. And more importantly whether the new owner is an investor looking to do a flip which I wouldn't be opposed to because it would take a lot of money to bring the house back to life.

Speaking of new neighbors, the warehouse across the street from our house is finally being put to use again. The owners of the warehouse have been fixing the place up and putting in offices many of which have already been rented. Our street is seeing a lot more traffic now a days and I haven't seen any illegal dumping at least on the block where this warehouse sits. They even planted some trees along the side of the building.

There has been talk of building condos on the vacant land across from our house but the architect fell ill, so the plan has been postponed. We are just hoping if the condo plans gets the go ahead we can negotiate with the developers to put in some sidewalk on our side of the road. It's a long shot but one can dream...

Oh and by the way, we welcomed a new addition to the family last November! Little D is now a big brother. Tiny "N" was born on November 9th at a healthy 7lb. 9oz and 19 inches long, just one ounce lighter than her older brother when he was born. She's been a pretty good sleeper so far, knock on wood. Besides a little bit of the sniffles she's been getting bigger by the day. She's so sweet and cuddly sometimes I find it hard to put her down. Little D has been a great big brother and he just can't stop kissing and hugging her all the time. I can't wait until she's old enough so the two of them can play together.

Born at the same hospital as her brother, Alta Bates medical center, Berkeley, CA.
Here she is at 2 months old. Look at those cheeks!