Author Topic: New Listing - Santa Maria Plan 1 in Stonegate  (Read 16002 times)

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237kempton

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New Listing - Santa Maria Plan 1 in Stonegate
« on: September 25, 2015, 09:52:27 PM »
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« Last Edit: January 27, 2016, 11:03:13 PM by 237kempton »

Offline tentfox

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Re: New Listing - Santa Maria Plan 1 in Stonegate (237 Kempton)
« Reply #1 on: September 25, 2015, 10:13:22 PM »
That seems pricy for an attached condo. Is this price standard for Stonegate?

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Re: New Listing - Santa Maria Plan 1 in Stonegate (237 Kempton)
« Reply #2 on: September 25, 2015, 11:38:45 PM »
That seems pricy for an attached condo. Is this price standard for Stonegate?

238 Mayfair (1,483sf) closed for $610k today which puts it at $411/sf.  If you use the same price per SF then this condo will sell for $570k.  My guess is that it closes for $575k-$600k.
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237kempton

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Re: New Listing
« Reply #3 on: September 26, 2015, 12:14:30 AM »
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« Last Edit: January 27, 2016, 11:04:28 PM by 237kempton »

237kempton

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Re: New Listing
« Reply #4 on: September 26, 2015, 12:16:25 AM »
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« Last Edit: January 27, 2016, 11:04:08 PM by 237kempton »

Offline USCTrojanCPA

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Re: New Listing - Santa Maria Plan 1 in Stonegate (237 Kempton)
« Reply #5 on: September 26, 2015, 10:58:09 AM »
But that is Santa Maria Plan 2 usually stays more time in the market as the floor plan is not so popular.

Compare this home with 203 Mayfair, which is same model plan and has more upgrades too. 203 Mayfair is Pending in just 4 days on MLS. And their list price is $630k. That's why this is competitive price.

Are you sure about that?  A model match at 227 Overbrook just closed last week on 9/21 for $592,500 at $427/sf.  List price means nothing, just means both of you are over priced.  The market will speak though so we shall see.
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Re: New Listing - Santa Maria Plan 1 in Stonegate (237 Kempton)
« Reply #6 on: September 26, 2015, 11:02:50 AM »
That seems pricy for an attached condo. Is this price standard for Stonegate?

Yes ! Stonegate Santa Maria Plan 1 is most desirable and median sft is $441.

Please provide me your data because 261 Mayfair (also a model match) closed for $587,888 or $424/sf on 3/27/15.  So taking Mayfair and Overbrook your average is more like $425/sf.  I hope you aren't including the former model at 203 Kempton that closed at $483/sf.  I would have priced your condo at $600k for a fast sale, but hey what do I know.  Numbers don't lie, only realtors who try to distort them do.  haha
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237kempton

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Re: New Listing
« Reply #7 on: September 26, 2015, 07:31:41 PM »
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« Last Edit: January 27, 2016, 11:04:58 PM by 237kempton »

Offline Homer_Simpson

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Re: New Listing - Santa Maria Plan 1 in Stonegate (237 Kempton)
« Reply #8 on: September 26, 2015, 08:37:32 PM »
I thought realtors had to be a sponsor to advertise their listings on talk Irvine?

#FARM

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Re: New Listing - Santa Maria Plan 1 in Stonegate (237 Kempton)
« Reply #9 on: September 26, 2015, 09:16:15 PM »
I thought realtors had to be a sponsor to advertise their listings on talk Irvine?

Apparently individual sellers are posting on TI too.

Anything goes after the "archive" incident. (Hehe)

I think it's a positive thing if they post on TI, so we can ask questions, make comments, etc..

#whoknows

Offline zubs

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Re: New Listing - Santa Maria Plan 1 in Stonegate (237 Kempton)
« Reply #10 on: September 27, 2015, 02:00:30 AM »
At least he's defending his pricing position.  I like it when they talk back.

Offline WTTCHMN

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Re: New Listing - Santa Maria Plan 1 in Stonegate (237 Kempton)
« Reply #11 on: September 27, 2015, 08:00:49 AM »
Well if it does sell at asking price, the owner will pocket about 70k.  Not bad for a 1 year flip.

237kempton

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Re: New Listing
« Reply #12 on: September 27, 2015, 01:12:56 PM »
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« Last Edit: January 27, 2016, 11:05:27 PM by 237kempton »

Offline USCTrojanCPA

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Re: New Listing - Santa Maria Plan 1 in Stonegate (237 Kempton)
« Reply #13 on: September 27, 2015, 11:25:39 PM »
I thought realtors had to be a sponsor to advertise their listings on talk Irvine?

Apparently individual sellers are posting on TI too.

Anything goes after the "archive" incident. (Hehe)

I think it's a positive thing if they post on TI, so we can ask questions, make comments, etc..

#whoknows


+1  I too think it's positive.  The more information and transparency, the better for all of us.
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Offline WTTCHMN

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Re: New Listing - Santa Maria Plan 1 in Stonegate (237 Kempton)
« Reply #14 on: November 05, 2015, 08:32:01 PM »
Well, the market has spoken.  Six weeks later and a 5k price drop, still no takers.  Wanted to follow-up on this one since the OP was so insistent that he was priced competitively.

Time to hire USC instead?

#overpriced

 

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