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(WKRN Nashville)   'Million-dollar mobile home in Nashville is more than meets the eye' (Transformer sounds)   (wkrn.com) divider line
    More: Murica, Real estate, Acre, pushing properties, mixed-use, River North, total price, River North development, mobile home  
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5709 clicks; posted to Main » on 13 Oct 2021 at 9:35 AM (10 days ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



36 Comments     (+0 »)
View Voting Results: Smartest and Funniest
 
2021-10-13 7:59:16 AM  
It has a basement?
 
2021-10-13 8:05:24 AM  
If you have cash, time, and know the right people... buying property near a major corporate development is a great way to get rich or richer.

Just look at property transactions near developments like these across the country... go out 5-10 miles and look at the people who bought the property or find out the LLCs and companies that bought them. Then go ahead and see how connected they are to the local/state politicians that approved the deal that brought the development there.

Fun times.
 
2021-10-13 8:19:44 AM  
The housing market is ludicrous right now.
 
2021-10-13 9:37:11 AM  

kdawg7736: The housing market is ludicrous right now.


thepeoplesnews.files.wordpress.comView Full Size
 
2021-10-13 9:39:39 AM  
It transforms from a low-class mobile home into a classy modular home?
 
2021-10-13 9:42:24 AM  
"Nashville's property assessor says, at the very least, the sale represents about four parcels."

I read that as four parsecs, and was impressed.

/ As an aside, when I was a kid I thought the Transformers title song said "Transformers, Morgan meets the eye."
 
2021-10-13 9:43:00 AM  
Real estate has gone farking insane. It's all about conglomerates snapping up properties and then converting an area into rentals. I get cold call offers which are more annoying than car insurance
 
2021-10-13 9:46:36 AM  
Location location location

Every since the local lake here became a second home and retirement option for yankees the prices have gone insane.

I bought 2 acre on the main body of the lake in 1987 for 3700 dollars. Sold it in 1999 for 46k and it recently has a 30yr old single wide trailer on it and the asking price is 890k. The land will likely be broken down into 1/4 or 1/8 acre lots and sold for 250k each. Then overpriced 4500 sq ft houses will be built on it so close they can talk to each other from their kitchen windows without yelling. All so they can "experience nature and have elbow room"

Meanwhile I own a little over a 100 acres 5 miles away with a 9 yr old house on it. Three barns. A 60x70 metal shop building.  And it appraises at 875k. Location ....
 
2021-10-13 9:47:39 AM  
Now I really want to see a line of white trash transformers.

An old mobile home could be Optimus Prime.

A beat up '87 Oldsmobile could be Bumblebee.

Megatron...Well, I don't think that would change much.

/Hey, I can joke. I spent most of middle school and all of high school living in a trailer house. Make of that what you will.
 
2021-10-13 9:51:33 AM  
In Nashville at least, even 4-5 years ago, my wife and I kept losing offers on houses because these people would show up and basically throw a duffel bag of cash at the seller.
It took us over a year, and almost 10 offers to find a house. A friend spent 3 years looking. Its only gotten worse.
 
2021-10-13 9:53:12 AM  
There must be a large bubble inside the trailer. Can't see it from those angles.
 
2021-10-13 9:56:34 AM  

bumblefuss: Now I really want to see a line of white trash transformers.

An old mobile home could be Optimus Prime.

A beat up '87 Oldsmobile could be Bumblebee.

Megatron...Well, I don't think that would change much.

/Hey, I can joke. I spent most of middle school and all of high school living in a trailer house. Make of that what you will.


Wouldn't Megatron be an AR-15?
 
2021-10-13 9:58:40 AM  

bumblefuss: Now I really want to see a line of white trash transformers.

An old mobile home could be Optimus Prime.

A beat up '87 Oldsmobile could be Bumblebee.

Megatron...Well, I don't think that would change much.

/Hey, I can joke. I spent most of middle school and all of high school living in a trailer house. Make of that what you will.


Suddenly, I'm picturing optimus prime with some staunch views on immigration....
 
2021-10-13 9:59:40 AM  
It had 1.5 million worth of gold inside?
 
2021-10-13 10:02:45 AM  

DRTFA: "Nashville's property assessor says, at the very least, the sale represents about four parcels."

I read that as four parsecs, and was impressed.


That would be dumb because parsec is a measure of distance, not area.

/ducks
 
2021-10-13 10:04:47 AM  
I was expecting a quadzilla with a rooftop pool or something.
 
2021-10-13 10:05:27 AM  
Developers and speculators:  "Go be poor elsewhere."
 
2021-10-13 10:08:50 AM  

DRTFA: "Nashville's property assessor says, at the very least, the sale represents about four parcels."

I read that as four parsecs, and was impressed.


Especially if you could do the Kessel run in four parsecs.

The current record for the Kessel run is 12 parsecs.
 
2021-10-13 10:15:23 AM  

kdawg7736: The housing market is ludicrous right now.


The house I spent most of my childhood in was $250k in 1994 in San Diego. It's about $1.25mil now. Adjusted for inflation, that house would be ~$450k.

The only people I knew growing up still living in the same neighborhoods are those who inherited homes from their parents. The number of people with houshold incomes of $300k to afford that area now is not particularly high among the offspring of residents. Most of have left town or are bunking with multiple roommies even in their mid 30s.

Yet somehow they keep finding cash buyers for these 60+ year old homes with nothing in the immediate area to do or see.
 
2021-10-13 10:20:12 AM  

kdawg7736: The housing market is ludicrous right now.


It's a fantastic money laundry.
 
2021-10-13 10:20:27 AM  
The house across the street from my prior was on a very large lot, as in potentially four lots.  But the house itself was a teardown. It was advertised as seven bedrooms, five baths, but only 3/2 were legal. It finally sold for back taxes (~1/3 asking). That was Nov. 2019. The buyers started working on it, then the pandemic hit.
 
2021-10-13 10:33:26 AM  
And, this is why we had to move away from East Nashville entirely. The 'gentrification' (who needed to stay in freaking Brentwood) ruined the entire area by artificially inflating prices, building cheap duplexes with landscaped rugs that passed for yards (all of which are going to be crumbling shells in ten years... but they had to tear down the big strong house that stood there for a hundred years. Why convert it when you can build four cheap boxes on the same lot and sell each for more than you paid for the entire lot? The entire area used to be rather green, but now that there is no such thing as a yard or a tree, they can breathe exhaust all day. East Nasty brought this on themselves by allowing those vultures to run rampant, and I hope the lot of 'metroflexuals' choke on their latte purchased in one of the 40 espresso bars that now dot a one mile stretch of Gallatin Rd.

/a 'metroflexual' is someone who moves to a place solely because of the hype and moves again when the hype wears off...
 
2021-10-13 10:35:07 AM  
Anytime a salesperson tells me there is unlimited potential to make a profit I know they are lying. If it's such a great farking deal for an investment opportunity, then why are you selling it now?
 
2021-10-13 10:39:37 AM  

Somaticasual: bumblefuss: Now I really want to see a line of white trash transformers.

An old mobile home could be Optimus Prime.

A beat up '87 Oldsmobile could be Bumblebee.

Megatron...Well, I don't think that would change much.

/Hey, I can joke. I spent most of middle school and all of high school living in a trailer house. Make of that what you will.

Suddenly, I'm picturing optimus prime with some staunch views on immigration....


He already is. Earth is fine for the Autobots to call home, but he pulls the ladder up behind him to forbid any Decepticons who want to live here.
 
2021-10-13 10:41:14 AM  
East Nashville skyline
Discount cigarettes, liquor, and wine
Anywhere, anytime
We deliver
 
2021-10-13 10:57:36 AM  
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2021-10-13 11:24:06 AM  
You can cram 50 townhouses on a little more than an acre?
 
2021-10-13 11:47:56 AM  
Really slow news day.
 
2021-10-13 12:09:29 PM  

zbtop: kdawg7736: The housing market is ludicrous right now.

The house I spent most of my childhood in was $250k in 1994 in San Diego. It's about $1.25mil now. Adjusted for inflation, that house would be ~$450k.

The only people I knew growing up still living in the same neighborhoods are those who inherited homes from their parents. The number of people with houshold incomes of $300k to afford that area now is not particularly high among the offspring of residents. Most of have left town or are bunking with multiple roommies even in their mid 30s.

Yet somehow they keep finding cash buyers for these 60+ year old homes with nothing in the immediate area to do or see.


There was one point in time in recent memory when housing was briefly affordable-right after the 2008/2009 recession.  House prices in some areas dropped by 50% or more.  I personally bought my house in 2009 for a 62.5% discount over the 2005 sale price.

The main problem is that, since then, construction of new housing units has been abnormally low.  So, there has been a growing lack of supply that just gets larger each year, especially in areas where people actually want to live (as opposed to, say, Detroit).  So, low supply, rising demand, prices naturally increase.

The only long term, stable cure for this is to build a metric shiat ton of new housing in prime areas.  Not only enough to return to historical levels, but also enough to backfill the decade plus of underbuilding.

Now, realistically, most prime areas are already or mostly build out, so this means increasing density (building condos and townhomes, not single family houses).  It doesn't mean 50-story towers everywhere, but it does mean replacing SFH areas with something denser.
 
2021-10-13 12:14:20 PM  

berylman: Real estate has gone farking insane. It's all about conglomerates snapping up properties and then converting an area into rentals. I get cold call offers which are more annoying than car insurance


I get the same calls but, I have decided to have fun with it. "My current asking price is $13.5M".
 
2021-10-13 12:47:09 PM  
Is it in the parking lot of Paradise Cove Beach in Malibu?
 
2021-10-13 1:39:03 PM  

Salmon: bumblefuss: Now I really want to see a line of white trash transformers.

An old mobile home could be Optimus Prime.

A beat up '87 Oldsmobile could be Bumblebee.

Megatron...Well, I don't think that would change much.

/Hey, I can joke. I spent most of middle school and all of high school living in a trailer house. Make of that what you will.

Wouldn't Megatron be an AR-15?


That would be Galvatron.
 
2021-10-13 1:54:41 PM  

abhorrent1: You can cram 50 townhouses on a little more than an acre?


This is what I was wondering!
 
2021-10-13 2:16:55 PM  
60 Hz hum?
 
2021-10-13 5:13:44 PM  
We had what everyone referred to as the "Million Dollar Mobile Home" at the last place I worked.  They had set up a mobile home for our Physical Facilities folks to work out of to save space in the main buildings.  Over the years the guys had built on additions, decks, water features with a foot bridge, a game room, media room, etc. all connected to this old mobile home sitting in the center as kind of a "hub."

It was quite a site.
 
2021-10-13 8:32:38 PM  

abhorrent1: You can cram 50 townhouses on a little more than an acre?


In East Nashville you can. Think of a bunch of French fries stacked side by side.
 
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