New Listing - Crawford Plan 2 home @ Greenwood in Tustin Legacy (218 Barnes Rd)

I listed a turnkey Crawford Plan 2 at Greenwood in Tustin Legacy late last night on MLS as a Coming Soon listing with showing to start tomorrow (Friday). The home was built in 2016 and features 4 bedrooms 4 bathrooms, and an upstairs loft along with 3,504sf of living space with a direct access 3-car garage. The home is priced at $1,500,000.

Email or PM me if any is interested in scheduling an appt to see the home.

Here is the Redfin link:
https://www.redfin.com/CA/Tustin/218-Barnes-Rd-92782/home/100387966

Pictures and the virtual tour is in the link below:

www.218Barnes.com

I'll actually be hosting an open house for the first time in over a year at the home on Saturday and Sunday from 1-5pm.  If anyone is in the area, come by for some packaged treat and say hello. 

First offer in.

Second offer in.

Third offer received.

Fourth offer in.

Total of 6 offers received.  Best & Final counters sent and they are due back by Thursday at 8pm.

Seller accepted one of the counters late last night and we have opened escrow this morning.

Got word from escrow just now that we officially closed.  The sales price was $1,603,000 with an all cash non-FCB buyer (it was actually $1,605,000 but the buyer wanted to use the $2,000 credit in lieu of repairs against the sales price).  The price was over $120,000 higher than the model match comp at 81 Holmes Pl that closed for $1,480,000 on April 8th.  Congrats to both the buyer and seller!

Wow, impressive sale.  I'm shocked the price went for so high ($428k gain in 5 years!).  This property has so many negatives - backs a small highway (ie. Jamboree), smallish lot size, high MR, very high HOA, and is in Tustin!  Is there a stash of bitcoin hidden in the paperwork??   

woodburyowner said:

Wow, impressive sale.  I'm shocked the price went for so high ($428k gain in 5 years!).  This property has so many negatives - backs a small highway (ie. Jamboree), smallish lot size, high MR, very high HOA, and is in Tustin!  Is there a stash of bitcoin hidden in the paperwork??   

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I think 4 things drove the pricing for this home....1) it was as turnkey as a model home, 2) the central location, 3) No SFR inventory in Columbus Grove, Greenwood, and Columbus Square and 4) the price per SF was around $450/sf for a newer home.  The buyer did not bid themselves because the 3 top backup offers were at $1.59m to $1.60m (one being all cash). 

The buyer was a family from the LA area who had most of the cash in their two banks and also had a few hundred thousand from family gift funds to complete the purchase for all cash.