House in Mantua, why hasn't it sold?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It was listed through the spring with only exterior pictures. The price was okay for the neighborhood then, if I'm remembering correctly. I have to assume something was wrong with the interior then If they wouldn't show it. Looks like they updated kitchens and baths now. I think it's a bit overpriced now.

its way over priced, you can buy the same sqft within the same zipcode for 700k, why would i pay 830k+ for this home?

Mantua gets a premium over other neighborhoods in the zip code, primarily because of the elementary school. The house may still be a bit overpriced, but it will go for significantly more than $700k.

No, elementary school does not make a 50-100k difference in price tag

It's a pretty neighborhood. Very much sought after if the house is priced right and the Condition is good. The oil spill affected a small portion of the neighborhood over 20 years ago. No big deal.

But...the house isn't priced right. It's 200k over comparably sized homes. Some of those homes even have an extra 1,000 sqft. Don't know what the seller is thinking. And an oil leak is a pretty big deal.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It was listed through the spring with only exterior pictures. The price was okay for the neighborhood then, if I'm remembering correctly. I have to assume something was wrong with the interior then If they wouldn't show it. Looks like they updated kitchens and baths now. I think it's a bit overpriced now.

its way over priced, you can buy the same sqft within the same zipcode for 700k, why would i pay 830k+ for this home?

Mantua gets a premium over other neighborhoods in the zip code, primarily because of the elementary school. The house may still be a bit overpriced, but it will go for significantly more than $700k.

No, elementary school does not make a 50-100k difference in price tag

Are you familiar with the comps in that area? Houses in Mantua do sell for $50k to $100k over similar homes nearby. This house would probably do better if it was priced at $799k though.

[Anonymous]

This house just one street east sold for $825,000 in the spring.

https://www.redfin.com/VA/Fairfax/3716-Prado-Pl-22031/home/9620442

The house may be a little overpriced, but not dramatically so.

[Anonymous]

That City paper article is nuts! I wonder how many houses in the neighborhood are still owned by Texaco. I have to think most buyers are just ignorant.

Is a toxic waste site like this something realtors must disclose?

[Anonymous]

Anonymous wrote:This house just one street east sold for $825,000 in the spring.

https://www.redfin.com/VA/Fairfax/3716-Prado-Pl-22031/home/9620442

The house may be a little overpriced, but not dramatically so.

Seems much bigger and nicer than the one OP is looking at.

[Anonymous]

Anonymous wrote:That City paper article is nuts! I wonder how many houses in the neighborhood are still owned by Texaco. I have to think most buyers are just ignorant.

Is a toxic waste site like this something realtors must disclose?

Property ownership is public record, so this is very easy to answer. It looks like there are 24 houses on Tovito Drive and 3 houses on Convento Terrace that are owned by Texaco.

[Anonymous]

Anonymous wrote:That City paper article is nuts! I wonder how many houses in the neighborhood are still owned by Texaco. I have to think most buyers are just ignorant.

Is a toxic waste site like this something realtors must disclose?

Um yeah. This has to be disclosed to buyers, right?

[Anonymous]

Well that article scared the f outta me. Why are ppl paying almost $1mil to live in this area?!

[Anonymous]

Anonymous wrote:Well that article scared the f outta me. Why are ppl paying almost $1mil to live in this area?!

Because the article is over 20 years old?

[Anonymous]

Anonymous wrote:

Anonymous wrote:Well that article scared the f outta me. Why are ppl paying almost $1mil to live in this area?!

Because the article is over 20 years old?

And just because it's been 20 years the soil is not longer contaminated? I don't think so.

[Anonymous]

wow unbelievable people still live in mantua consider all the potential risk to cancer, birth defects etc.

[Anonymous]

Anonymous wrote:

Anonymous wrote:That City paper article is nuts! I wonder how many houses in the neighborhood are still owned by Texaco. I have to think most buyers are just ignorant.

Is a toxic waste site like this something realtors must disclose?

Property ownership is public record, so this is very easy to answer. It looks like there are 24 houses on Tovito Drive and 3 houses on Convento Terrace that are owned by Texaco.

So they rent them out to unsuspecting tenants?

[Anonymous]

Anonymous wrote:

Anonymous wrote:That City paper article is nuts! I wonder how many houses in the neighborhood are still owned by Texaco. I have to think most buyers are just ignorant.

Is a toxic waste site like this something realtors must disclose?

Um yeah. This has to be disclosed to buyers, right?

does it? I can't imagine realtors and homeowners voluntarily disclosing. Is it required, does anyone know?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:That City paper article is nuts! I wonder how many houses in the neighborhood are still owned by Texaco. I have to think most buyers are just ignorant.

Is a toxic waste site like this something realtors must disclose?

Property ownership is public record, so this is very easy to answer. It looks like there are 24 houses on Tovito Drive and 3 houses on Convento Terrace that are owned by Texaco.

So they rent them out to unsuspecting tenants?

they make their employees live there, or anyone whos not afraid of the health risk because the rent is only $700 a month

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:That City paper article is nuts! I wonder how many houses in the neighborhood are still owned by Texaco. I have to think most buyers are just ignorant.

Is a toxic waste site like this something realtors must disclose?

Property ownership is public record, so this is very easy to answer. It looks like there are 24 houses on Tovito Drive and 3 houses on Convento Terrace that are owned by Texaco.

So they rent them out to unsuspecting tenants?

??? this. Are they empty?