My house History

[Dont_know_mind]

Past transactions
1. 2001- Bought (B) 300k, sold (S) 2012 - 600k
2. B-2000: 300k, S-2014-800k
3. B-2008: 500k, S-2013-900k
4. B-2013: 1.1M, S-2017-1.5M

Current holdings
1. B-2007-1M, current value (CV) 7M-9M
2. B-2004-800k, CV 2.2M
3. B-2016-2.5M, CV 2.5M
4. B-2019-400k, CV 400k

[SLC OB]

Residency (I know!) bought for $86K, Sold for $115 3 years later. Zillow says $92, but all other houses around are $150-190K

Bought a year prior to getting to first job (I know!), $390, lived in it for 8 years, still own it and rent it out, Zillow is wrong but says it is worth $783K (maybe worth $700K on a good day, I would think). Renting it out.

Bought in 2013, $870K, Zillow is wrong and says $2.257M; Likely more like S1.7-1.8M

We've done well.

[Marko-ER]

Ok, I will share mine too..

#1)  A small house (rancher) in a medium-sized university town in the midwest for undergrad --> medschool with help from parents, had roommates for all 7 years.  Purchase mid-2003 for 190K, sold in 2010 in the midst of the post-2008 housing crash for 170K (ouch! supposedly recession-proof town).  Resident/fellow who purchased from me sold again in 2013 for 183K.  Current zestimate = 307K.

#2)  Didn't learn my lesson, purchased house mid-residency in early 2012 on the East Coast in a somewhat shady, but up & coming neighborhood for 180K.  I was getting married that summer; marriage worked out (knock on wood), but the handshake fellowship offer fell thru.  Had to apply & move out of town and rather than being a long-distance landlord, sold after just over 2 years mid-2014 for 220K.  Luck, pure luck.  Current zestimate 267K.

Finally learned my lesson.  Rented during fellowship (despite a 'handshake' job offer at the institution where I landed), got a better private-practice job, bought 6 months into the job.

#3)  Current home in a small-medium midwestern town, purchased for 270K.  Happy with it, though lots of land (1+ acres) may come with privacy, it's also a lot more maintenance than I expected.  Current zestimate = 367K.

[STM]

Bought during residency in 2010 for $342K, sold in 2015 for $575K. Zillow says it's worth $623K now. Thank you Portland real estate market!

[Hank]

Residency in San Antonio, bought in 2001 for $74K, sold in 2004 for $80K. (Still cheaper than renting equivalent housing)  Now Zillow says $174K

Northern Virginia SFH, bought in 2004 for $445K, kept it.  Zillow says it's worth $708K.

San Diego condo, bought in 2008 for $431K, kept it.  Zillow says it's worth $631K.

San Diego SFH, bought in 2012 for $778K, now Zillow says $1.2M.

We've bought other places as pure investment properties and gotten better cash on cash returns.  Still, we've gotten decent appreciation by holding onto previous residences.

[spotty_dog]

One house, one spouse! LOL.

The places we considered at $300 in 2006, before deciding to rent for residency, are now going for about $250. Our current home is now valued on Redfin at about $150 more than we paid in 2009. Doesn't matter much though. We won't be going anywhere anytime soon.

[MSooner]

Bought our house at the end of MS2 (I know, I know) for $175K in 2012. Current Zestimate is $302K. Home down the street (similar size/finish out) just sold for asking price (had 2 offers of $340K!) on the day it was listed.

We're selling next spring--dear sweet baby Jesus let this market hold just a little bit longer, because that would pay off the med school loans and then some!

[62cutlass]

Medical school /residency condo
Bought 2006 for 184,500
Sold 2015 for 255,000
Recently sold for 220,000

Attending house
Bought 2016 460,000
Sold 2018 525,000
Recently sold for 510,000

Just built new home.

[wideopenspaces]

PhysicianOnFIRE wrote:

Gainesville, Florida. 1 BR, 1 BA. $120,000

Cheboygan, Michigan. 4 BR, 4 BA. $660,000

Aberdeen, South Dakota. 5 BR, 4 BA. $325,000

Brainerd, Minnesota. 5 BR, 3 BA. $269,000

Mullet Lake, Michigan. 2 BR, 1 BA. $15,400

Alpena, MI. 3 BR, 1 BA. $90,000

We Bought a $90,000 House. And Yes, We’re Moving In.

Click to expand...

That house is darling!! I'm a total sucker for mid century modern, so I'm pretty jealous.

We bought a townhouse a block from the beach in 2005 for med school 96k. Sold in 2010 for 120k. Z estimate says 152k.

Bought a house after residency in 2014 for 364k. Sold in 2018 for 500k. Z estimate says 529k

Bought in 2018 for 620k, z estimate says 650k.

[octopus85]

Bought house as an undergrad (haha). Paid $160k, sold 2 years later for $188k.

Bought house for med school. Paid $190k, sold 9 years later (MD/Phd) for $330k.

Bought house for residency. Paid $400k. Now 2 years later, Zillow says $450k.

 

I may start offering a service where I'll let you know where I'm moving next so you can buy real estate there

 

Aside from a couple years in the dorms as an undergrad, I've actually never rented...

[JBME]

didn't buy in med school

didn't buy in residency...saw the market was tanking and I thought it would go for a long while

bought the doc house 5 months out of residency. so that was the mistake. BUT we really did buy it at the bottom of the market for our area, when interest rates were their lowest ever and we got a fixed rate

my wife is with the same attending job she got right out of residency and neither of us have no plans to leave. we said back then it was our forever home when the two of us moved into a 3500sqfter. now we're 5.

bought house for $900k in 2013. zillow says it's $1,150,000 now. Seems high to me but I'm sure we can get $1m

[Peds]

Rent......

[burritos]

SFH Ventura County, CA 2000 for 435k, sold 2014 for 765k, current zillow is 900k

SFH Ventura County, CA 2014 975 current 1100

SFH Pierce county, WA 2004 for 176, current is 305.

Townhome Pierce county, WA 2005 for 177, current is 294.

SFH in Pierce county WA 2010 for 190, current 373

SFH in Pierce county WA 2011 for 200, current 404k

 

[StateOfMyHead]

My first house 1995 paid $52,500 renovations $45,000 I resold in 1999 for $159,000 it last sold for $335,000 in 2008.

[PhysicianOnFIRE]

Gainesville, Florida. 1 BR, 1 BA. $120,000

Cheboygan, Michigan. 4 BR, 4 BA. $660,000

Aberdeen, South Dakota. 5 BR, 4 BA. $325,000

Brainerd, Minnesota. 5 BR, 3 BA. $269,000

Mullet Lake, Michigan. 2 BR, 1 BA. $15,400

Alpena, MI. 3 BR, 1 BA. $90,000

We Bought a $90,000 House. And Yes, We’re Moving In.