For several years, 941 S. 3rd St. was a blighted property with a collapsed back. Back in 2005, it was purchased for $300K, but it went through foreclosure in 2011. At some point in the last couple of years, the building was taken down, we'd guess by either L&I or the bank which owned the property. In 2013, the property was listed for sale by the bank along with a vacant lot behind it on Bodine Street. The combo sold in a little over two weeks.

The old blighted building was demoed

Passing by the other day, we saw a new condo building has appeared on 3rd Street and a new home has risen on Bodine. The lower unit in the condo building is listed at $380K, with 2 bedrooms, 2.5 bathrooms and 1,000 sqft of living space. The upper unit also has 2 bedrooms and 2.5 baths, and is listed at $390K. We confess, we were not expecting prices quite so high here. The home under construction on Bodine Street is listed for $450K, but it's going up on a rather skinny lot.

Condos on 3rd Street

Home on Bodine Street

The Bodine Street home is being built right behind another home we previously covered- the home at 225 Carpenter St. was required to remove siding in favor of brick back in 2012. That home sold earlier this year for just shy of $490K.

Home at Bodine & Carpenter

We wonder, if that was the price for the tall corner property, will the home up the street sell for the asking price? Will the condos around the corner sell in the high $300K range? It will indeed be interesting to see just how it all shakes out.