Author Topic: Newer Irvine listings with crazy WTF asking prices from equity sellers  (Read 1685734 times)

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Offline irviniteeee

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Re: Newer Irvine listings with crazy WTF asking prices from equity sellers
« Reply #2910 on: June 17, 2021, 04:32:13 PM »
Thought this was one of the nicest (non model) back yards I had seen in quite some time.  Wonder if the small pool in front is a huge hot tub, or just a fountain?
https://www.redfin.com/CA/Irvine/110-Heavenly-92602/home/112721738

But then, I looked at the ariel/drone view shot and the pool of the house next door looks even better!

I thought the same when I saw it listed, love the backyard. I'm always torn between these and The Vistas. I feel like since Toll Bros built The Vistas that a lot of people overlook Trevi, but I would have a hard time picking between the two at similar price points.

Offline misme

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Re: Newer Irvine listings with crazy WTF asking prices from equity sellers
« Reply #2911 on: June 17, 2021, 05:29:53 PM »
Thought this was one of the nicest (non model) back yards I had seen in quite some time.  Wonder if the small pool in front is a huge hot tub, or just a fountain?
https://www.redfin.com/CA/Irvine/110-Heavenly-92602/home/112721738

But then, I looked at the ariel/drone view shot and the pool of the house next door looks even better!

I thought the same when I saw it listed, love the backyard. I'm always torn between these and The Vistas. I feel like since Toll Bros built The Vistas that a lot of people overlook Trevi, but I would have a hard time picking between the two at similar price points.

Trevi has a better location, walking distance to the park, the school, the shopping center. Vistas are WAY far back in Orchard Hills. Once you go through Settler’s gate, you still feel like you are driving really far into the foothills to reach the Vistas. I guess the pro about the Vistas is the higher up view.

Offline irvinehomeowner

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Re: Newer Irvine listings with crazy WTF asking prices from equity sellers
« Reply #2912 on: June 17, 2021, 06:50:49 PM »
Irvine, maybe up until very recently

What? :)
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Offline aquabliss

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Re: Newer Irvine listings with crazy WTF asking prices from equity sellers
« Reply #2913 on: June 18, 2021, 01:13:09 AM »
Well it looks like someone else in Sandalwood wanted to join in on the fun. Same plan, but even more!

https://www.redfin.com/CA/Irvine/207-Tuberose-92603/home/5918084

Sure why not, the more the merrier.  haha

Yikes, that one went pending.

Offline irviniteeee

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Re: Newer Irvine listings with crazy WTF asking prices from equity sellers
« Reply #2914 on: June 18, 2021, 10:28:36 AM »
Well it looks like someone else in Sandalwood wanted to join in on the fun. Same plan, but even more!

https://www.redfin.com/CA/Irvine/207-Tuberose-92603/home/5918084

Sure why not, the more the merrier.  haha

Yikes, that one went pending.

Craziness.

Offline USCTrojanCPA

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Re: Newer Irvine listings with crazy WTF asking prices from equity sellers
« Reply #2915 on: June 18, 2021, 07:44:26 PM »
Well it looks like someone else in Sandalwood wanted to join in on the fun. Same plan, but even more!

https://www.redfin.com/CA/Irvine/207-Tuberose-92603/home/5918084

Interesting, Tuberose in escrow and Vermillion still sitting.  It'll be interesting to see what Tuberose closes for.  The seller better hope they got a cash buyer because no way it appraises remotely close to the listing price.
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Offline USCTrojanCPA

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Re: Newer Irvine listings with crazy WTF asking prices from equity sellers
« Reply #2916 on: June 18, 2021, 07:45:33 PM »
Irvine, maybe up until very recently

What? :)

LL is just in denial, wait until I post the data through May for Irvine this weekend.  haha
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Offline USCTrojanCPA

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Re: Newer Irvine listings with crazy WTF asking prices from equity sellers
« Reply #2917 on: June 18, 2021, 08:35:30 PM »
This one is not going to get anywhere near the list pricing basically backing up to Sand Canyon...

https://www.redfin.com/CA/Irvine/31-Tall-Cedars-92620/home/7203288

Oh, and I don't think the seller will get a higher price even if their kids did get into UCLA and UCSD...maybe if they would have gotten into Harvard and Yale.  haha

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Offline akula1488

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Re: Newer Irvine listings with crazy WTF asking prices from equity sellers
« Reply #2918 on: June 18, 2021, 08:47:29 PM »
This one is not going to get anywhere near the list pricing basically backing up to Sand Canyon...

https://www.redfin.com/CA/Irvine/31-Tall-Cedars-92620/home/7203288

Oh, and I don't think the seller will get a higher price even if their kids did get into UCLA and UCSD...maybe if they would have gotten into Harvard and Yale.  haha

Both Redfin and Zillow estimate are about 1.7million. The lot is decent. It would have been 2 million without backing up Sand Canyon.

Offline daedalus

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Re: Newer Irvine listings with crazy WTF asking prices from equity sellers
« Reply #2919 on: June 18, 2021, 08:54:14 PM »
They should have had their genius children proof-read the listing for them.   As an adult I can't believe how much time I wasted perfecting my English skills, thinking it was some kind of prerequisite for success as an adult.

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Offline USCTrojanCPA

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Re: Newer Irvine listings with crazy WTF asking prices from equity sellers
« Reply #2920 on: June 18, 2021, 09:39:11 PM »
This one is not going to get anywhere near the list pricing basically backing up to Sand Canyon...

https://www.redfin.com/CA/Irvine/31-Tall-Cedars-92620/home/7203288

Oh, and I don't think the seller will get a higher price even if their kids did get into UCLA and UCSD...maybe if they would have gotten into Harvard and Yale.  haha

Both Redfin and Zillow estimate are about 1.7million. The lot is decent. It would have been 2 million without backing up Sand Canyon.

A chunk of the lot is due to the fact that it's a flag lot.  Those Redfin and Zillow estimates are mostly garbage, not way they get close to $1.7m.
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Offline aquabliss

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Re: Newer Irvine listings with crazy WTF asking prices from equity sellers
« Reply #2921 on: June 18, 2021, 10:09:21 PM »
This one is not going to get anywhere near the list pricing basically backing up to Sand Canyon...

https://www.redfin.com/CA/Irvine/31-Tall-Cedars-92620/home/7203288

Oh, and I don't think the seller will get a higher price even if their kids did get into UCLA and UCSD...maybe if they would have gotten into Harvard and Yale.  haha



Pretty sure they won the award for worst backyard landscaping 2013.

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Offline Irvinehomeseeker

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Re: Newer Irvine listings with crazy WTF asking prices from equity sellers
« Reply #2922 on: June 18, 2021, 10:13:50 PM »
This one is not going to get anywhere near the list pricing basically backing up to Sand Canyon...

https://www.redfin.com/CA/Irvine/31-Tall-Cedars-92620/home/7203288

Oh, and I don't think the seller will get a higher price even if their kids did get into UCLA and UCSD...maybe if they would have gotten into Harvard and Yale.  haha

Buyer broker comp is just 1%. Can it be that low?

Offline USCTrojanCPA

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Re: Newer Irvine listings with crazy WTF asking prices from equity sellers
« Reply #2923 on: June 18, 2021, 10:23:59 PM »
This one is not going to get anywhere near the list pricing basically backing up to Sand Canyon...

https://www.redfin.com/CA/Irvine/31-Tall-Cedars-92620/home/7203288

Oh, and I don't think the seller will get a higher price even if their kids did get into UCLA and UCSD...maybe if they would have gotten into Harvard and Yale.  haha



Pretty sure they won the award for worst backyard landscaping 2013.

Not only that, the home basically has no upgrades.  The listing price is wishful thinking even in this market.
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Re: Newer Irvine listings with crazy WTF asking prices from equity sellers
« Reply #2924 on: June 18, 2021, 10:25:05 PM »
This one is not going to get anywhere near the list pricing basically backing up to Sand Canyon...

https://www.redfin.com/CA/Irvine/31-Tall-Cedars-92620/home/7203288

Oh, and I don't think the seller will get a higher price even if their kids did get into UCLA and UCSD...maybe if they would have gotten into Harvard and Yale.  haha

Buyer broker comp is just 1%. Can it be that low?

Yup, the seller is only offering up 1% to the buyer agent.  I mean, if you are gonna do that underlist the home and get a crap ton of offers.  haha
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