Newer Irvine listings with crazy WTF asking prices from equity sellers

[irvinehomeowner]

Hardly ever see not selling a new build within a year within a year enforced. Happens all the time, seller can claim numerous reason as to why they can get around the "rule".

[TestingIrvine]

On the topic of landscaping , here is a new listing that doesn't have any landscaping in the backyard. The house has never been lived in as per description ( Rich investor who could afford to keep it vacant), so in today's market will fly into escrow with multiple offers (as Martin says  )

https://www.redfin.com/CA/Irvine/110-Lovelace-92620/home/167385353

I sold my house in Eastwood 2 months ago. HOA will inspect the backyard to sign off on the sale.  Caught me off guard

[Liar Loan]

On the topic of landscaping , here is a new listing that doesn't have any landscaping in the backyard. The house has never been lived in as per description ( Rich investor who could afford to keep it vacant), so in today's market will fly into escrow with multiple offers (as Martin says  )

https://www.redfin.com/CA/Irvine/110-Lovelace-92620/home/167385353

I sold my house in Eastwood 2 months ago. HOA will inspect the backyard to sign off on the sale.  Caught me off guard

Where I live, no HOA is needed to sign off because buyers actually inspect the backyard for themselves.

[Irvinehomeseeker]

It's already in escrow

And sold now in less than 10 days at just a little above list price. Congrats to the seller. Must have been an all-cash offer! Now this will encourage the next Helena seller to list at 1.3M I am guess and have it to fly to closing!

[irvinekids]

What about this? Any comment? It was purchased in 2017 for 1.27

https://www.redfin.com/CA/Irvine/18905-Antioch-Dr-92603/home/4738162

[aquabliss]

What about this? Any comment? It was purchased in 2017 for 1.27

https://www.redfin.com/CA/Irvine/18905-Antioch-Dr-92603/home/4738162

Assuming it wasn't renovated when it was purchased for $1.27?

[irvinekids]

 I just went to see it. These is no major Reno, kitchen is probably newer, house is very nicely decorated, but not structural changes or major reno

What about this? Any comment? It was purchased in 2017 for 1.27

https://www.redfin.com/CA/Irvine/18905-Antioch-Dr-92603/home/4738162

Assuming it wasn't renovated when it was purchased for $1.27?

[ti2021]

https://www.redfin.com/CA/Irvine/33-Shellbark-92618/unit-18/home/45376396

This 1500 sq ft attached Stonegate East condo sold for $1.18. Sandwiched conveniently between Sand Canyon and the 133.

[Irvinehomeseeker]

https://www.redfin.com/CA/Irvine/33-Shellbark-92618/unit-18/home/45376396

This 1500 sq ft attached Stonegate East condo sold for $1.18. Sandwiched conveniently between Sand Canyon and the 133.

over 200K over the list price based on the Nov price list price of 965K - It must have gotten over 25+ offers I am guessing! Well, I wish I had a house to sell in this market. When I sold in July last year, i hardly got 4 offers although it was priced well to the comps.

[houmajsa]

https://www.redfin.com/CA/Irvine/205-Bancroft-92620/home/58555352

what is with this listing? yesterday morning its listed, then "on hold" in the evening, today it's "relisted" or "off market". I was trying to get a showing yesterday evening but couldn't.

[Cares]

https://www.redfin.com/CA/Irvine/205-Bancroft-92620/home/58555352

what is with this listing? yesterday morning its listed, then "on hold" in the evening, today it's "relisted" or "off market". I was trying to get a showing yesterday evening but couldn't.

Notes just say "no more showings at this time" so my guess is that they got a very strong offer or they need to stage/prep the house more.

[BlackKnight]

Courtyard condo that backs against Portola Spring just sold for $2,050,000k, $400k over LP. House doesnt have that much upgrade. This is really WTF crazy.

https://www.redfin.com/CA/Irvine/238-Desert-Bloom-92618/home/51684578?600390594=copy_variant&231528114=control&utm_source=ios_share&utm_medium=share&utm_nooverride=1&utm_content=link&utm_campaign=share_sheet

[trematix]

I was scratching my head on this one also...WTF

Sales like these make me really think maybe we are in a bubble.

Courtyard condo that backs against Portola Spring just sold for $2,050,000k, $400k over LP. House doesnt have that much upgrade. This is really WTF crazy.

https://www.redfin.com/CA/Irvine/238-Desert-Bloom-92618/home/51684578?600390594=copy_variant&231528114=control&utm_source=ios_share&utm_medium=share&utm_nooverride=1&utm_content=link&utm_campaign=share_sheet

[Cares]

A house of that size with a lot of that size is pretty rare to come by in Irvine though...

Tax records show SFR and not Condo by the way.

[aquabliss]

Courtyard condo that backs against Portola Spring just sold for $2,050,000k, $400k over LP. House doesnt have that much upgrade. This is really WTF crazy.

https://www.redfin.com/CA/Irvine/238-Desert-Bloom-92618/home/51684578?600390594=copy_variant&231528114=control&utm_source=ios_share&utm_medium=share&utm_nooverride=1&utm_content=link&utm_campaign=share_sheet

Eesh, that could be the first $2M motorcourt sale outside of Orchard Hills.