Columbus HUD homes are spread out all over Central Ohio. But I did not see an Upper Arlington HUD house for quite a while. Today we found a good one!
It’s a 3 bedroom ranch on 3089 Bembridge Road, right in the center of Upper Arlington only a block from Kingsdale Shopping Center and less than a 5 minute walk to the High School. This is a premier location and a very rare opportunity to buy a discounted property in Upper Arlington. This is one of the few Columbus suburbs whose property values did not drop during the mortgage crisis.
There’s another, unique HUD property I want to point out, especially to the investors. It is a newer duplex on 5868 Saranac Drive. That’s on the east side of Columbus, outside of I-270, near Brice Road, just north of the Walnut Hill Golf Club. This 2 family house comes with 2 double garages and 3 bedrooms on each side. The last recorded sale was for $212,000. Now you can have it for $140,000.
There are more new listings in Hilliard, Westerville and of course in Blacklick.
Listing Statistics
Total HUD homes available: 195 (last week: 199)
Owner occupants: 126
All bidders: 69
New listings: 43
Sunday deadline: 50
Relisted/Price reduced: 33
Median Price: $77,000 (last week: $80,000)
Average Price: $78,661 (last week: $82,827)
Highest: $195,000
Lowest: $9,000
Homes less than $50,001: 56 (last week: 50)
Between $50,001 & $100,000: 84 (last week: 90)
More than $100,000: 55 (last week: 59)
The deadline for the home buyer tax credit is quickly approaching. If you submit an offer on any of this week’s HUD listings you will be safe, and you will receive the ratified contract from HUD before the April 30, 2010 deadline.
Call me at 975-9650 to plan your house hunting weekend!
Thanks for reading our Columbus HUD Homes Blog
Posted by: Susanne Novak, ABR, FIS, GRI
Columbus Realtors specializing in
HUD Homes, Shortsales, Investment Real Estate
(614) 975-9650
