Newer Irvine listings with crazy WTF asking prices from equity sellers

[AW]

Bahahaha:https://www.redfin.com/CA/Irvine/111-Bright-Poppy-92618/home/108244631

What do they think this is, Laguna Portola?  I mean the landscaping and turf is pretty amazing but still.

Man... had me looking for what they did in the backyard, haha.

 

[usctrojancpa]

Bahahaha:https://www.redfin.com/CA/Irvine/111-Bright-Poppy-92618/home/108244631

What do they think this is, Laguna Portola?  I mean the landscaping and turf is pretty amazing but still.

MY EYES, THEY BURN!!!  That flooring is horrible...is it reddish or is it me? 

 

[marmott]

Every detail was carefully selected and quality crafted.

I guess that explain the price...

The sales history is weird too: sold first for 1.1 then sold for 750K and finally listed for 1.1.

 

[woodburyowner]

Bahahaha:https://www.redfin.com/CA/Irvine/111-Bright-Poppy-92618/home/108244631

What do they think this is, Laguna Portola?  I mean the landscaping and turf is pretty amazing but still.

What's the deal with the 32k property tax bill?

 

[Dresden215]

Bahahaha:https://www.redfin.com/CA/Irvine/111-Bright-Poppy-92618/home/108244631

What do they think this is, Laguna Portola?  I mean the landscaping and turf is pretty amazing but still.

In photo #10 they used a cheap folding card table/chairs. I would let that go on an entry priced home, but on a million dollar listing, no, no, no!!

 

[jmoney74]

So I shouldn't put an offer in?

 

[irvinebullhousing]

So I shouldn't put an offer in?

Well, I will have to counter offers with higher bid until I win this trophy house.

 

[Ready2Downsize]

According to the county they paid $32K!

Is the AD Bond really over $15K?

 

[Paris167]

So no backyard landscaping done right? just some turf carpet, pot plants and beachy sand??

 

[eyephone]

The hoa approved the backyard? Or did they even submit the plans?

So I guess the new owner has to do the landscaping?

 

[AW]

They did nothing, sandbags around the drains are telltale signs nothing was done.
New owner has the privilege of handling the landscaping after closing.

 

[Paris167]

They did nothing, sandbags around the drains are telltale signs nothing was done.
New owner has the privilege of handling the landscaping after closing.

: at least do the landscaping if you are going to ask a WTF price.
Maybe they were going for the "beachy" Laguna theme - you know all the blue hues and all

 

[newtoirvine2017]

According to the county they paid $32K!

Is the AD Bond really over $15K?

Yup

1915 AD BOND PD (866)807-6864 15,904.96
IRVINE USD CFD 09-1 (800)858-8233 3,232.65
IRVINE USD CFD 86-1 (800)858-8233 3,734.70

Almost 21k in MR on 902k valuation

 

[Ready2Downsize]

According to the county they paid $32K!

Is the AD Bond really over $15K?

Yup

1915 AD BOND PD (866)807-6864 15,904.96
IRVINE USD CFD 09-1 (800)858-8233 3,232.65
IRVINE USD CFD 86-1 (800)858-8233 3,734.70

Almost 21k in MR on 902k valuation

I think something is screwed up. I got to the property taxes by parcel number. Maybe it's the wrong parcel number. The supplemental isn't paid and it shows an increase in land value from $11,736 to $2,483,604.

If that $32K property tax is right, it goes up 2% a year and I bet we'll see properties hitting the market with unpaid property taxes like this one:
https://www.redfin.com/CA/Irvine/141-Cloudbreak-92618/home/113866361

 

[newtoirvine2017]

According to the county they paid $32K!

Is the AD Bond really over $15K?

Yup

1915 AD BOND PD (866)807-6864 15,904.96
IRVINE USD CFD 09-1 (800)858-8233 3,232.65
IRVINE USD CFD 86-1 (800)858-8233 3,734.70

Almost 21k in MR on 902k valuation

I think something is screwed up. I got to the property taxes by parcel number. Maybe it's the wrong parcel number. The supplemental isn't paid and it shows an increase in land value from $11,736 to $2,483,604.

If that $32K property tax is right, it goes up 2% a year and I bet we'll see properties hitting the market with unpaid property taxes like this one:
https://www.redfin.com/CA/Irvine/141-Cloudbreak-92618/home/113866361

I think you are right the parcel number must be off on the 111 bright poppy because i just checked another house in the relatively same area that sold recently...

http://tax.ocgov.com/tcweb/detail_sec.asp?ReqParcel=93019008&StreetNo=&Direction=&StreetName=&APN=93019008&Suffix=00&CmpRevDte=79839278&RollTypCde=Secured&Code=A&StSuffix=&City=&Unit=&s=1&p=1&t=&TaxYr=2016&CurYr=2016&apnstatus=PAID#

I will say though that other house just sold for 908 with completed back yard in Feb... good luck with 1.1 Million and unfinished back yard.


Holy that one 141 cloudbreak has never paid their property taxes... maybe they forgot they needed to pay it?

 

[Ready2Downsize]

Well it's up for sale. You would think the realtor would have pointed out they owe $47K and it goes up $300 per month for last year's taxes plus probably another $200 per month after June 30th for this year's taxes when they figured out what to list it for.

 

[bones]

141's owner won the house in a sweepstakes. They're selling after the required hold period. I'm guessing part of the sale would be to pay off property taxes (and other taxes).

 

[paydawg]

141's owner won the house in a sweepstakes. They're selling after the required hold period. I'm guessing part of the sale would be to pay off property taxes (and other taxes).

The owner claims he owes over $600k to the IRS for winning the house.

 

[Ready2Downsize]

I wouldn't doubt it. He probably owed income taxes on it (State too).

Did he live in it or has it sat vacant?

 

[woodburyowner]

141's owner won the house in a sweepstakes. They're selling after the required hold period. I'm guessing part of the sale would be to pay off property taxes (and other taxes).

Yup, here's a link to the details -http://www.businesswire.com/news/ho...ollar-Healthy-Home-Sweepstakes-Doctors-Lennar

These guys won a 1M+ house and can't afford to pay the property taxes?  Wonder how the income tax hit is structured on a sweepstakes like this.