HOUSE IS GOING, GOING, GONE AUCTIONED VALLEY HOME SELLS IN MINUTES FOR $708,750.Byline: Lisa M. Sodders Staff Writer WOODLAND HILLS - Within minutes Saturday, the 1960s-era ranch house at 22142 Tiara Street had been sold, for $708,750. One hundred and three people registered for an unusual auction of the three-bedroom, two-bath house, proffering cashier's checks cashier's check n. a check issued by a bank on its own account for the amount paid to the bank by the purchaser with a named payee, and stating the name of the party purchasing the check (the remitter). for $25,000 each to secure their right to bid. Many more people came to watch, crowding around in the front yard in the unseasonably hot November sun. The winning bid, by a man who would only identify himself as a local investor, was for $675,000. A 5 percent buyer's premium brought the total to $708,750. ``It went up so fast, I didn't even have a chance to hold my flag up,'' said an astonished a·ston·ish tr.v. as·ton·ished, as·ton·ish·ing, as·ton·ish·es To fill with sudden wonder or amazement. See Synonyms at surprise. Alan Alegar al·e·gar n. Vinegar produced by the fermentation of ale. [Middle English, blend of ale, ale; see ale, and vinegar, vinegar; see vinegar.] , 47, of Granada Hills. A general contractor A general contractor is an organization or individual that contracts with another organization or individual (the owner) for the construction of a building, road or any other execution of work or facility. , Alegar had planned to bid up to $550,000 on the 1960s-house, which is in a neighborhood where homes have sold for $750,000 to $800,000. The auction also included two 2.5-acre desert parcels in Antelope Valley This article is about the Los Angeles County region. For the census-designated place in Wyoming, see Antelope Valley-Crestview, Wyoming. The Antelope Valley , which went for $35,000 and $40,000 to different buyers, said Premiere Estates Chief auctioneer Todd Wohl. Woodland Hills Realtor Andrea Volore, who attended the auction on behalf of a client, also missed out on the house, but came away a winner anyway: she had the winning bid of $80 on a charity auction of five home decorating books, with the proceeds to benefit Habitat for Humanity Habitat for Humanity, nonprofit ecumenical Christian organization that enables low-income people to own affordable, livable housing. Headquartered in Americus, Ga., it was founded in 1976 by businessman Millard Fuller and his wife. . Lisa M. Sodders, (818) 713-3663 lisa.sodders(at)dailynews.com CAPTION(S): photo Photo: The 1960s-era ranch house sold quickly at auction, which attracted 103 registered bidders. Dean Musgrove/Staff Photographer |
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