[IHB] Closed Sales from 3/23/2012 to 3/29/2012

5 Rising Sun closed at $1.299M
Most, if not all of the Mille Fleur sales that occurred in March were under the $1.1M mark. 
 
and it sold quickly too.  we didnt even get a chance to see it as it went into pending in 20 days.  i think the interior location, nice upgrades, and decent lot size made it more expensive than the rest of the mille fleur sales. 

 
I'm thinking 59 Sanctuary wasn't sold to an owner-occupant. Looks like it was foreclosed on March 2nd, the group that bought is probably going to flip it real soon.
 
I found it's background rather interesting.
Purchased on March 29, 2006 for $1,248,500
Sold six years later on March 29, 2012 for $950K.
 
59 Sanctuary was a dump.  No upgrades what-so-ever inside and extensive pack-ratism going on.  the house was full of junk that the previous occupants left behind.  backyard had a nice koi pond but needed serious cleaning and rework.  basically, would cost about $100-$150K to make it similar to the other nicer mille fleur plan 2's that were selling.  we put in an offer of $900K and got turned away...
 
rkp said:
WoodburyDad said:
32 Shepard closed for $1.480M on 3/9
Yet, it doesn't come up as have been listed.
http://www.redfin.com/CA/Irvine/32-Shepard-92620/home/5958364

IR2 or USCT- could you guys weigh in on this.  I notice that some agents "delete" the listing once its sold.  Why do they do that?  I can get hiding previous pictures but why remove it from the MLS history? 

I do not know that a listing can be "deleted" in the manner that I think you are suggesting.  Can you give an example?
If it were possible, I would think that it would have to be done through the listing agent's realtor board, which authorizes and enforces the rules on each local MLS.
-IR2
 
I'm not sure if this is the same thing as "deleting" but it seems some agents go back and erase the price drops from old listings.

Example: Gary Fallis in NP is selling 106 Spring Valley. The property was on the market a while and he went back and took out the original list price and all the subsequent drops out of MLS as listed on Redfin. Now he relists the property as a "new" listing minus the data from the previous listings. Is it really gone or just on Redfin?

I also notices he does this even with his closed sales as well. Is this to protect his future selling clients from showing buyers how much of a discount was required to give before selling a property or in case it falls out of escrow?
http://www.redfin.com/CA/Irvine/106-Spring-Vly-92602/home/5812694

Property History for 106 SPRING Vly
Date Event Price Appreciation Source
Mar 30, 2012 Listed (Active) $779,800 -- CRMLS #S693028
Mar 30, 2012 - Delisted (Cancelled) -- -- CRMLS #2
Mar 26, 2012 - Price Changed * -- CRMLS #2
Feb 14, 2012 - Price Changed * -- CRMLS #2
Jan 31, 2012 - Price Changed * -- CRMLS #2
Jan 24, 2012 - Listed (Active) * -- CRMLS #2
Apr 12, 2011 - Delisted (Hold) -- -- CRMLS #1
Apr 12, 2011 - Relisted (Active) -- -- CRMLS #1
Feb 03, 2011 - Delisted (Hold) -- -- CRMLS #1
Jan 23, 2011 - Price Changed * -- CRMLS #1
Nov 17, 2010 - Listed (Active) * -- CRMLS #1
Jun 21, 2001 Sold (Public Records)
This was part of a multi-property sale. $502,000 -- Public Records
 
iacrenter said:
I'm not sure if this is the same thing as "deleting" but it seems some agents go back and erase the price drops from old listings.

Example: Gary Fallis in NP is selling 106 Spring Valley. The property was on the market a while and he went back and took out the original list price and all the subsequent drops out of MLS as listed on Redfin. Now he relists the property as a "new" listing minus the data from the previous listings. Is it really gone or just on Redfin?

I also notices he does this even with his closed sales as well. Is this to protect his future selling clients from showing buyers how much of a discount was required to give before selling a property or in case it falls out of escrow?
http://www.redfin.com/CA/Irvine/106-Spring-Vly-92602/home/5812694

Property History for 106 SPRING Vly
Date Event Price Appreciation Source
Mar 30, 2012 Listed (Active) $779,800 -- CRMLS #S693028
Mar 30, 2012 - Delisted (Cancelled) -- -- CRMLS #2
Mar 26, 2012 - Price Changed * -- CRMLS #2
Feb 14, 2012 - Price Changed * -- CRMLS #2
Jan 31, 2012 - Price Changed * -- CRMLS #2
Jan 24, 2012 - Listed (Active) * -- CRMLS #2
Apr 12, 2011 - Delisted (Hold) -- -- CRMLS #1
Apr 12, 2011 - Relisted (Active) -- -- CRMLS #1
Feb 03, 2011 - Delisted (Hold) -- -- CRMLS #1
Jan 23, 2011 - Price Changed * -- CRMLS #1
Nov 17, 2010 - Listed (Active) * -- CRMLS #1
Jun 21, 2001 Sold (Public Records)
This was part of a multi-property sale. $502,000 -- Public Records

I'll note that although redfin has some great info for 90% of the site's usage, it has its shortfalls in translating some of the original material from source data.

All of the pricing and history is available at the source MLS history. See below:
106SpringValleyHistory.JPG


To answer your question, yes, there are ways to restrict the "pulling" of this information from other sources.

Why? I can only speculate, but in my dealings with Gary, he's always done his best for his clients in an ethical manner, in my humble opinion.
 
It was on the market at least from 2010 or 2009.
As previous post, this home was dumped by the previous owner. He might have lived there ? years for free.

WoodburyDad said:
I found it's background rather interesting.
Purchased on March 29, 2006 for $1,248,500
Sold six years later on March 29, 2012 for $950K.
 
iacrenter said:
I'm not sure if this is the same thing as "deleting" but it seems some agents go back and erase the price drops from old listings.

Example: Gary Fallis in NP is selling 106 Spring Valley. The property was on the market a while and he went back and took out the original list price and all the subsequent drops out of MLS as listed on Redfin. Now he relists the property as a "new" listing minus the data from the previous listings. Is it really gone or just on Redfin?

I also notices he does this even with his closed sales as well. Is this to protect his future selling clients from showing buyers how much of a discount was required to give before selling a property or in case it falls out of escrow?
http://www.redfin.com/CA/Irvine/106-Spring-Vly-92602/home/5812694

Property History for 106 SPRING Vly
Date Event Price Appreciation Source
Mar 30, 2012 Listed (Active) $779,800 -- CRMLS #S693028
Mar 30, 2012 - Delisted (Cancelled) -- -- CRMLS #2
Mar 26, 2012 - Price Changed * -- CRMLS #2
Feb 14, 2012 - Price Changed * -- CRMLS #2
Jan 31, 2012 - Price Changed * -- CRMLS #2
Jan 24, 2012 - Listed (Active) * -- CRMLS #2
Apr 12, 2011 - Delisted (Hold) -- -- CRMLS #1
Apr 12, 2011 - Relisted (Active) -- -- CRMLS #1
Feb 03, 2011 - Delisted (Hold) -- -- CRMLS #1
Jan 23, 2011 - Price Changed * -- CRMLS #1
Nov 17, 2010 - Listed (Active) * -- CRMLS #1
Jun 21, 2001 Sold (Public Records)
This was part of a multi-property sale. $502,000 -- Public Records

I've found Zillow to be usually helpful when there are prices in the history that Redfin doesn't show.
http://www.zillow.com/homedetails/106-Spring-Vly-Irvine-CA-92602/54972211_zpid/

Price History
Date Description Price Change $/sqft Source
02/15/2012 Price change $789,800 -1.1% $343 REMAX Premier Realty
02/01/2012 Listed for sale $798,800 -2.4% $347 REMAX Premier Realty
01/25/2012 Listed for sale $818,800 -- $356 Re/Max Premier Realty
02/04/2011 Listing removed $818,800 -- $356 REMAX Premier Realty
01/25/2011 Price change $818,800 -1.2% $356 REMAX Premier Realty
11/18/2010 Listed for sale $828,800 65.1% $360 REMAX Premier Realty
06/21/2001 Sold $502,000 -- $218 Public Record
 
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