Avondale Closeout still not closed out

Back in October of 2010 Red Seal Homes held a grand opening event for its curiously named Avondale Closeout development. Plans called for 19 homes base-priced from the $560s to the $600s, with a first phase of 9 homes.

Since that time, according to Redfin data, two homes have sold. A 5-bedroom, 3 ½ bath home at 3644 N Avondale list-priced at $529,900 sold for $464,000 in September of 2011. A 3-bedroom, 2-bath home listed for $464,900 at 3646 N Avondale sold last December for $400,000. Ten lots are listed for sale at $183,000 apiece.

The Red Seal website has an active page offering homes starting at $499,999.

The homes are adjacent to the landmark Villa District to the west and are bordered on the east by railroad tracks and the Kennedy Expressway. Just up the road is a colorful mural touting the Villa.

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