Home buyers in the Mendota Heights, Mendota and Lilydale areas seem to be buying well built, quality homes but not without a bit of negotiating. Location, location, location may have been the rule in real estate, but in the current market, price is king. Buyers are cautious and careful, often looking at dozen of homes and rejecting those they deem priced too high. Here are homes that sold in the last week.
1.) 1690 James Rd., Mendota Heights
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Listed by: Keller Williams Premier Realty
Four+ split level single family home
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Four bedrooms, two baths
Days on Market: 11
Closed: May 16, 2011
Original List Price: $242,500
List Price at Time of Offer: $242,500
Sold Price: $242,500
Seller Contribution: $5,688
2.) 704 Linden St., Mendota Heights
Listed by: Coldwell Banker Burnet
Side-by-side townhouse
Two bedrooms, three baths
Days on Market: 279
Closed: May 18, 2011
Original List Price: $319,900
List Price at Time of Offer: $299,900
Sold Price: $269,000
3.) 934 Highview Cr., Mendota Heights
Listed by: Coldwell Banker Burnet
Side-by-side townhouse
Four bedrooms, three baths
Days on Market: 23
Closed: May 18, 2011
Original List Price: $379,000
List Price at Time of Offer: $379,000
Sold Price: $375,000