New Listing - Ainsley Park townhome @ Columbus Grove (15505 Jasmine Pl @ Tustin)

From the success of the Bonsai Way and Nectarine listings, I got the listing for a Ainsley Park Plan 3 townhome in the Tustin side of Columbus Grove which I posted on MLS earlier today.

The condo has only 1 common wall and features 3 bedrooms (including a downstairs master bedroom), 2.5 bathrooms, and an upstairs loft with 1,895sf of living space with a side yard. The listing price is $810,000 and showings to start on Monday, April 29th. PM me or email (mmania001@yahoo.com) if you are interested in seeing it.

I'll have an open house this weekend on both Saturday, May 4th and Sunday, May 5th from 2-5pm.

Here is the Redfin link:
https://www.redfin.com/CA/Tustin/15505-Jasmine-Pl-92782/unit-27/home/45383621

Pictures and the virtual tour are in the link below:

www.15505Jasmine.com

If any of you are in the area, feel free to drop by for some treats and say hello. 

Price has been reduced to $799,000.

Seller has accepted an offer after a round of counters so we will be opening escrow on Monday.

Got word from escrow that we closed earlier today, congrats to both the buyer and seller. The sales price of the home was only $776,500 due to an appraised value issue from an incompetent appraiser. 

***START RANT***

The original contract price was $782,500 or $413/sf with closed comps (2 of them mine) ranging from $426/sf to $444/sf and the appraisal came at $770,500 or $407/sf (this was the same exact price what 15501 Jasmine Place closed for even though it's almost 100sf smaller).  The appraiser's primary comp was 81 Juneberry which closed 7 months ago and is an inferior comp (no yard and a 3-level attached condo with 2 common walls vs a duplex attached at the garage with a yard).  Here's the link to 81 Juneberry --->https://www.redfin.com/CA/Irvine/81-Juneberry-92606/home/12248632

When I contacted the appraiser about why he didn't use my 3208 Nectarine comp instead he basically told me to pound sand and the buyer's lender said challenging the appraisal will be a waste of time).  So thankfully the buyer and seller agreed to split the $12,000 appraisal difference. An idiot appraiser almost killed the transaction...unreal.

***END RANT***