Community Corner
Sold: Three Homes Close in Mendota Heights Area as June Ends
Mid-range homes find buyers after a little negotiation.
Weather effects how homes sell. Rain slows down sales because more casual buyers stay home for open houses and delay going to homes with their real estate agents. In the winter, cold and snow has an even more profound effect. Showings also tend to drop off after the Independence Day holiday while buyers, tempted by weekends at parks, lakes and summer activities spend their time elsewhere. But activity usually picks up at the end of July for fall closings.
The following homes closed because their buyers didn’t mind getting a little wet.
Find out what's happening in Mendota Heightswith free, real-time updates from Patch.
1) 1101 Sibley Memorial Highway #301, Lilydale
Listed by: Edina Realty
Find out what's happening in Mendota Heightswith free, real-time updates from Patch.
High-rise condo
Two bedrooms, two baths
Days on Market: 439
Closed: June 23, 2011
Original List Price: $250,000
List Price at Time of Offer: $185,000
Sold Price: $175,000
2) 2106 Patricia St., Mendota Heights
Listed by: Edina Realty
Single family home
Four bedrooms, three baths
Days on Market: 53
Closed: June 24, 2011
Original List Price: $277,900
List Price at Time of Offer: $277,900
Sold Price: $225,000
3) 2108 Theresa St., Mendota Heights
Listed by: Independent Brokers Realty
Single family home
Seven bedrooms, three bath
Days on Market: 245
Closed: June 24, 2011
Original List Price: $329,900
List Price at Time of Offer: $324,900
Sold Price: $310,000
Seller contribution: $12,000