From the Sacramento Appraisal Blog: “I recently inspected a bank-owned huge fixer of a house in the Oak Park area of Sacramento, and I put together a one-minute video above for you to experience a bit of what I saw. This house sold for less than $20,000.
By the way, I do have the full blessing of my client to use images of this house they purchased. I would never violate my client’s confidentiality by posting pictures or sharing information like this without the absolute blessing of a client. Thank you also to Bill Cobb for the music. Let me know what you think.”
Ryan Lundquist
Lundquist Appraisal Company
TEL: 916.595.3735
www.LundquistCompany.com
www.SacramentoAppraisalBlog.com
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Ryan, this has to be one of the top worst fixers. Hope the smell wasn’t as bad as the photos!
Can’t wait to see it when rehabbed. Just love make-overs
It was really bad and utterly filthy. Honestly, the smell wasn’t too bad. I think because there were large holes in the roof and siding, much of the would-be smell escaped mabye.
I wouldn’t be surprised to see this property gain some media attention as it is rehabbed because it’s a great real estate and story of interest in light of what it will do for a first-time homebuyer and also an entire neighborhood.
Hey Ryan!
I just did a substandard house in Homeland (south of Broadway, north of Land Park) which used to house a dry cleaning establishment. Talk about issues. It wasn’t as bad as this one, but it was pretty bad.
On another note, have you been watching the videos that Tinna and I have been doing over the last month? We have doing legislative updates along with promoting the REAA classes. Would you like to see one and allow us to put our videos on this site? It would be a great help to get the word out not only about the REAA but about legislation that will be affecting the entire real estate community. Here is a link to our latest. http://www.thinkbigworksmall.com/mypage/player/8074/29364/1677610
You will notice that it is on the TBWS platform. Frank and Brian have graciously comped the REAA with a free TBWS account to host our videos.
Bill, I bet that’s an interesting one to say the least. A former dry cleaning business? Wow. Was it zoned residential or commercial? Illegal use? Mixed use? Very interesting.
I’ve been meaning to touch base with you about the videos. I have seen them. Honestly, I would love to put all of them here too, but the “share” feature on that site only lets you post a link rather than embed. Do you know any way around that?
I think we can send the videos directly to you. Or we can use YouTube. I will find out for sure.
The subject was a residence with an attached building that was used at various times as a corner store, dry cleaner, vending machine warehouse and other uses. The owner had a grandfathered legally non-conforming use for commercial that he lost through a hearing with the planning department. Seems that the restrictions of the grandfathered use are that it must be continuously used for the permitted use. The owner had changed uses without re-applying for a permit and had ceased use for more than a year. The City declared the building substandard after the owner died and neighbors began complaining about it being an attractant for vagrants. The City decided it was a nuisance and issued a Substandard Dwelling notice and demanded it either be demolished or remediated.
The most troubling thing of course, was its previous use as a dry cleaning establishment as there could be EPA issues. I had to utilize an extraordinary assumption based on the deceased wife’s statement that it had been cleaned up. I strongly recommended inspections by the appropriate professionals.
Uhm, make that the wife of the deceased…
Bill, you are a smart man to mention the potential environmental hazard. Can anyone say “potential super-fund site”?
Keep me in the loop about the videos. Thanks so much.
Well, it wasn’t a Swanson’s or anything, just a little mom & pop, but the concerns are still there, no matter what the wife believes.
I will let you know how to embed our videos as soon as I get some technical advice.