Council president Don Moore speculated that the two buildings might sell for more than $1 million. The City ordered appraisals on the buildings, which were received last week. According to those appraisals, 427 Warren Street, the one-story 1950s police station that sits on what was originally the site of three buildings, is worth $300,000, and 429 Warren Street, the 19th-century three-story town house where the office of the city court clerk and the code enforcement office are located, is worth $350,000.
It's interesting to compare those appraisals with what some buildings on the same block of Warren Street have sold for in the past couple of years.
422 Warren Street sold for $515,000 in October 2013.
446 Warren Street sold for $585,000 in June 2013.
433 Warren Street sold for $1.2 million in October 2014.
444 Warren Street sold for $610,000 in June 2013.
424 Warren Street sold for $380,000 in August 2014.
431 Warren Street sold for $571,000 in January 2014.
445-447 Warren Street sold for $950,000 in December 2014.
405 Warren Street, which the City seized for nonpayment of property taxes and sold at auction, went for $450,000 in July 2014.
And a block away in the 300 block of Warren Street . . .
330-336 Warren Street--a one-story building constructed in the late 1960s, a 19th-century town house, and the two vacant lots in between--sold for $1.7 million in September 2014.
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