A reader accustomed to shaking his head when he drives along Greenbriar just north of Richmond informs us that the recently built “big, expensive monstrosity” for sale on that corner is now advertising its bank pedigree:
This long-on-the-market house/thingy now has large for-sale-by-bank sign slapped all over the very nice fence. This has all sort of ridiculous written over it: four car garages, pool, etc.
If a 7,976-sq.-ft. villa with 4-car garage for less than a million in that location sounds cheap, it’s because the building is actually 2 separate “townhomes” — each roughly half that size — with a “common element.” The $959K price tag is for the foreclosed unit at 2201 W. Main.
After a year-long run on MLS, that front unit is now listed as “pending continue to show.” Which in light of the ready-to-loan listing copy maybe isn’t so surprising:
FORECLOSURE!!BANK WILL FINANCE FOR 4.5% WITH 10% DOWN(BAD CREDIT OK)
- 2201 W. Main St. [HAR]