Author Topic: Newer Irvine listings with crazy WTF asking prices from equity sellers  (Read 1738628 times)

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Offline callmehere

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Re: Newer Irvine listings with crazy WTF asking prices from equity sellers
« Reply #2925 on: June 18, 2021, 10:26:59 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

Wow, that is an interesting price for that home...better to be brave than pessimistic I guess.  House seems like it lacks any upgrades at all, front and back hardscaping heavily favors concrete pads.  Crazy market

Offline irviniteeee

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Re: Newer Irvine listings with crazy WTF asking prices from equity sellers
« Reply #2926 on: June 18, 2021, 10:28:27 PM »
The property description is...interesting. Touting what schools your kids went on to after Irvine High is very strange lol. The house is pretty bare bones with no upgrades and very basic landscaping. I'll be interested in seeing what this goes for. The house has a lot of potential, but that price is really high for such a basic house.

Also "possibly the largest lot in Irvine"?? They really should revise this entire property description.

Offline USCTrojanCPA

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Re: Newer Irvine listings with crazy WTF asking prices from equity sellers
« Reply #2927 on: June 18, 2021, 10:30:33 PM »
The property description is...interesting. Touting what schools yours kids went on to after Irvine High is very strange lol. The house is pretty bare bones with no upgrades and very basic landscaping. I'll be interested in seeing what this goes for. The house has a lot of potential, but that price is really high for such a basic house.

Plus Sand Canyon is one of the top streets you don't want to be living next to because noise will be unbearable with all the traffic, including the trash trucks. 
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Offline irviniteeee

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Re: Newer Irvine listings with crazy WTF asking prices from equity sellers
« Reply #2928 on: June 18, 2021, 10:33:49 PM »
The property description is...interesting. Touting what schools yours kids went on to after Irvine High is very strange lol. The house is pretty bare bones with no upgrades and very basic landscaping. I'll be interested in seeing what this goes for. The house has a lot of potential, but that price is really high for such a basic house.

Plus Sand Canyon is one of the top streets you don't want to be living next to because noise will be unbearable with all the traffic, including the trash trucks.

And in addition to that, the "grand entrance" (their words, not mine) has a backdrop of 3 level apartments...So Sand Canyon and apartments towering over. Good luck to them!

Offline USCTrojanCPA

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Re: Newer Irvine listings with crazy WTF asking prices from equity sellers
« Reply #2929 on: June 18, 2021, 10:36:28 PM »
The property description is...interesting. Touting what schools your kids went on to after Irvine High is very strange lol. The house is pretty bare bones with no upgrades and very basic landscaping. I'll be interested in seeing what this goes for. The house has a lot of potential, but that price is really high for such a basic house.

Also "possibly the largest lot in Irvine"?? They really should revise this entire property description.

Umm, the Turtle Rock home that I lost out had almost a 12,000sf lot so I'm sure there are many other lots that are larger.  haha  A 100ft driveway?  They didn't even get the community right, don't they know it's Woodbury? 
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Offline Ready2Downsize

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Re: Newer Irvine listings with crazy WTF asking prices from equity sellers
« Reply #2930 on: June 19, 2021, 12:02:55 AM »
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.

You base that on the estimate that redfin and zillow put on there? If they would have listed it 100K less, refin/zillow estimate would be 100K less. LOL!

Offline akula1488

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Re: Newer Irvine listings with crazy WTF asking prices from equity sellers
« Reply #2931 on: June 19, 2021, 12:49:08 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.

You base that on the estimate that redfin and zillow put on there? If they would have listed it 100K less, refin/zillow estimate would be 100K less. LOL!
I know Zillow and Redfin are not very accurate, but usually on the low side when comparing to sale price. So this one I will not be surprised close at 1.7M.

Offline Cares

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Re: Newer Irvine listings with crazy WTF asking prices from equity sellers
« Reply #2932 on: June 19, 2021, 02:13:36 PM »
I saw the Tall Cedars one pop up too and I found the description to be hilariously bad. This is one of those "for sale by owner" type of situations where they are just paying minimal fees to get it listed on the MLS by Homepie. They are also paying only 1% commission and probably just a couple hundred dollars to Homepie.

Offline zubs

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Re: Newer Irvine listings with crazy WTF asking prices from equity sellers
« Reply #2933 on: June 21, 2021, 10:52:44 AM »
I like the broken English on Tall Cedars.  I wonder why the listing agent let the owner write it.
At least it's different and a bit personalized with where the kids are going to college.

I guess UCLA and UCSD are good enough schools to mention that their 2 kids are going to go there after living in that house. 
If you buy my house, your kids can too!

Offline zubs

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Re: Newer Irvine listings with crazy WTF asking prices from equity sellers
« Reply #2934 on: June 21, 2021, 11:00:15 AM »
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



A friend of mine has a kid going to Berkeley this fall.  He got a 4.40 GPA.  I asked if he was valedictorian, and my friend said he's top 20....I did not know grade inflation was so rampant...or have kids gotten way smarter than when I went to school?

Offline Kick53rv3

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Re: Newer Irvine listings with crazy WTF asking prices from equity sellers
« Reply #2935 on: June 21, 2021, 12:32:03 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



A friend of mine has a kid going to Berkeley this fall.  He got a 4.40 GPA.  I asked if he was valedictorian, and my friend said he's top 20....I did not know grade inflation was so rampant...or have kids gotten way smarter than when I went to school?

Definitely normal to see inflation, however I wouldn’t be surprised if the valedictorian is around 4.4 too as these days in good schools the difference between valedictorian and top 20 is a single “B” grade. Plenty people get straight As in every class they take. The valedictorian isn’t going to be taking anymore AP classes than the rest of top 20. My graduate class we had 3 valedictorians tied as they took the same number of AP classes and all had straight As through out high school. Maybe Irvine is more competitive grading wise. My college roommate who graduated from uni high had same GPA as me so probably similar amount of grade inflation.

Offline USCTrojanCPA

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Re: Newer Irvine listings with crazy WTF asking prices from equity sellers
« Reply #2936 on: June 21, 2021, 02:27:58 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



A friend of mine has a kid going to Berkeley this fall.  He got a 4.40 GPA.  I asked if he was valedictorian, and my friend said he's top 20....I did not know grade inflation was so rampant...or have kids gotten way smarter than when I went to school?

Grade inflation has always been around because I also graduated HS with a GPA over 4.0 because I took a bunch of AP classes but maybe it's gone to the next level now.
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Offline aquabliss

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Re: Newer Irvine listings with crazy WTF asking prices from equity sellers
« Reply #2937 on: June 24, 2021, 12:55:01 AM »
https://www.redfin.com/CA/Irvine/63-Sherwood-92620/home/51682192

Anyone know what the most expensive resale in Stonegate is/was?  Almost $4M for a Stonegate home, eesh.  For that price, I’d at least expect a stone gate.

Offline Compressed-Village

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Re: Newer Irvine listings with crazy WTF asking prices from equity sellers
« Reply #2938 on: June 24, 2021, 10:33:12 AM »
I toured these models.

It was one of a very few home in Irvine with the basement, hence the 5000+ sqft on a postage stamp lot. It looks like every inch of the backyard use wisely to put in the pool and amenities. The neighborhood location is right up against Portola parkway, not ideal

This is the highest price for stone gate.

A bit far reach for price.

Offline Maserson

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Re: Newer Irvine listings with crazy WTF asking prices from equity sellers
« Reply #2939 on: June 24, 2021, 10:55:45 AM »
For that price range, 113 Quiet Place is better.

https://www.redfin.com/CA/Irvine/113-Quiet-Pl-92602/home/112721878

Nearly same square footage on a 2 story setup instead of 3 stories.
3x the lot size
Much better end unit location
Not next to Portola Parkway
Gated

 

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