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Author Topic: [IHB] Closed Sales from 12/20/2012 to 12/26/2012  (Read 611 times)

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Offline zovall

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[IHB] Closed Sales from 12/20/2012 to 12/26/2012
« on: December 28, 2012, 08:56:26 AM »
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Offline irvinehomeowner

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Re: [IHB] Closed Sales from 12/20/2012 to 12/26/2012
« Reply #1 on: December 28, 2012, 11:46:03 AM »
The 20 Bungalow one is actually in Woodbury and at $742k, that's a comp killer. I understand it's right next to a main road but that's the lowest I've seen that model go for:

http://www.redfin.com/CA/Irvine/20-Bungalow-92620/home/5950553

Does anyone know the story...  same agent listed and bought?
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Offline IrvineRealtor

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Re: [IHB] Closed Sales from 12/20/2012 to 12/26/2012
« Reply #2 on: December 28, 2012, 03:02:38 PM »
Yes, same agent represented buyer and seller on this short sale...
There was an additional $2500 fee paid to a 3rd-party negotiator by the buyers.
No other concessions were listed.
I don't know what the condition of the interior was, but a tough location can be an enormous drag on a property's perceived worth.
-IR2


Quote from: irvinehomeowner on December 28, 2012, 11:46:03 AM
The 20 Bungalow one is actually in Woodbury and at $742k, that's a comp killer. I understand it's right next to a main road but that's the lowest I've seen that model go for:

http://www.redfin.com/CA/Irvine/20-Bungalow-92620/home/5950553

Does anyone know the story...  same agent listed and bought?
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Offline Vinster

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Re: [IHB] Closed Sales from 12/20/2012 to 12/26/2012
« Reply #3 on: December 28, 2012, 06:22:42 PM »
22 Bungalow (http://www.redfin.com/CA/Irvine/22-Bungalow-92620/home/5950549) next door sold for more ($760K) in October and it was smaller (2418 sq. ft vs. 2700 sq. ft).

One less bedroom and smaller lot by 2000 sq. ft. I believe you could still hear some road noise from 22 Bungalow also.
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