ABC123_IHB
New member
It sucks more to be the lender who appraised those homes at over a half a million dollars.
50% Loss in Real Estate (or more)
- Thread starter CalGal_IHB
- Start date
NEW -> Contingent Buyer Assistance Program
But... but... the grass is dead. Sodding is a PITA, and not everyone has thefriendship blackmail on IR2 that Ipo has to get him over to help sod.
I'm actually amazed that the prices haven't dropped more. A lot of the 50%+ price declines seem to be complete tear-downs in less than desirable neighborhoods.
freedomCM_IHB
New member
50% off, AND you get a white picket fence!
http://www.redfin.com/CA/Costa-Mesa/583-Yorkshire-St-92627/home/4557193
583 Yorkshire St Costa Mesa, CA 92627
Price: $311,900
Sales History Date Price Appreciation
Aug 31, 2004 $490,000 --
Apr 12, 2005 $625,000 48.7%/yr
Sep 08, 2008 $310,355 -18.6%/yr
http://www.redfin.com/CA/Costa-Mesa/583-Yorkshire-St-92627/home/4557193
583 Yorkshire St Costa Mesa, CA 92627
Price: $311,900
Sales History Date Price Appreciation
Aug 31, 2004 $490,000 --
Apr 12, 2005 $625,000 48.7%/yr
Sep 08, 2008 $310,355 -18.6%/yr
graphrix_IHB
New member
freedomCM said:
But... but... the grass is dead. Sodding is a PITA, and not everyone has the
IrvineRenter_IHB
New member
I found this gem linked in an MSN article this morning.
6063 Florence St Riverside, CA 92504
Sold For:
$147,000
(08/22/2008)
Beds: 2
Baths: 1
Sqft: 876
Style: Residential
Year Built: 1938
Sales History
Date Price Appreciation
Oct 04, 2002 $89,700 --
Apr 18, 2003 $131,500 104.0%/yr
Jun 07, 2006 $586,000 61.0%/yr
Nov 02, 2007 $250,297 -45.4%/yr
Aug 22, 2008 $147,000 -48.4%/yr
From $586,000 to $147,000. That is 75% off.
6063 Florence St Riverside, CA 92504
Sold For:
$147,000
(08/22/2008)
Beds: 2
Baths: 1
Sqft: 876
Style: Residential
Year Built: 1938
Sales History
Date Price Appreciation
Oct 04, 2002 $89,700 --
Apr 18, 2003 $131,500 104.0%/yr
Jun 07, 2006 $586,000 61.0%/yr
Nov 02, 2007 $250,297 -45.4%/yr
Aug 22, 2008 $147,000 -48.4%/yr
From $586,000 to $147,000. That is 75% off.
freedomCM_IHB
New member
Please see post #130 for 75% off in Orange county
ABC123_IHB
New member
1078 N Almond Ct Long Beach, CA 90813
Price: $99,500
sold: $274,000 Jul 07, 2006
Beds: 1 On Redfin: 41 days
Baths: 1 Year Built: 1923
SQ.FT.: 480 Lot Size: 1,350 sf
$/SQ.FT.: $207
Price: $99,500
sold: $274,000 Jul 07, 2006
Beds: 1 On Redfin: 41 days
Baths: 1 Year Built: 1923
SQ.FT.: 480 Lot Size: 1,350 sf
$/SQ.FT.: $207
ABC123_IHB
New member
1545 Walnut Ave Long Beach, CA 90813
Price: $164,900
Last Sale: $454,441 (06/17/2008)
Beds: 2
Baths: 1
Sq. Ft.: 974
$/Sq. Ft.: $169
Lot Size: 2,520 Sq. Ft.
Price: $164,900
Last Sale: $454,441 (06/17/2008)
Beds: 2
Baths: 1
Sq. Ft.: 974
$/Sq. Ft.: $169
Lot Size: 2,520 Sq. Ft.
ABC123_IHB
New member
2885 Chestnut Ave Long Beach, CA 90806
Beds: 3
Baths: 2
Sq. Ft.: 1,262
$/Sq. Ft.: $197
Lot Size: 6,500 Sq. Ft.
Property History
Date Event Price Appreciation Source
Nov 07, 2008 Listed $248,400 -- SoCalMLS #I101905
Oct 31, 2008 Listed $248,400 -- i-Tech MLS #22117880
May 15, 2007 Sold $769,000 38.7%/yr Public Records
May 12, 2006 Sold $553,000 17.2%/yr Public Records
Nov 01, 2000 Sold $230,000 -- Public Records
Beds: 3
Baths: 2
Sq. Ft.: 1,262
$/Sq. Ft.: $197
Lot Size: 6,500 Sq. Ft.
Property History
Date Event Price Appreciation Source
Nov 07, 2008 Listed $248,400 -- SoCalMLS #I101905
Oct 31, 2008 Listed $248,400 -- i-Tech MLS #22117880
May 15, 2007 Sold $769,000 38.7%/yr Public Records
May 12, 2006 Sold $553,000 17.2%/yr Public Records
Nov 01, 2000 Sold $230,000 -- Public Records
ABC123_IHB
New member
1927 Halladay St Santa Ana, CA 92707
Beds: 4
Baths: 2
Sq. Ft.: 1,450
$/Sq. Ft.: $176
Lot Size: 6,533 Sq. Ft.
Property History
Date Event Price Appreciation Source
Nov 06, 2008 Listed $254,900 -- SoCalMLS #P663845
Sep 05, 2008 Sold $210,450 -25.9%/yr Public Records
Jul 28, 2005 Sold $535,000 20.8%/yr Public Records
Mar 10, 1999 Sold $160,000 -- Public Records
Beds: 4
Baths: 2
Sq. Ft.: 1,450
$/Sq. Ft.: $176
Lot Size: 6,533 Sq. Ft.
Property History
Date Event Price Appreciation Source
Nov 06, 2008 Listed $254,900 -- SoCalMLS #P663845
Sep 05, 2008 Sold $210,450 -25.9%/yr Public Records
Jul 28, 2005 Sold $535,000 20.8%/yr Public Records
Mar 10, 1999 Sold $160,000 -- Public Records
ABC123_IHB
New member
1924 W Orangethorpe Ave Fullerton, CA 92833
Beds: 4
Baths: 1
Sq. Ft.: 1,392
$/Sq. Ft.: $197
Lot Size: 6,700 Sq. Ft.
Property History
Date Event Price Appreciation Source
Oct 31, 2008 Listed $274,000 -- MRMLS #I08155611
Mar 07, 2008 Sold $434,213 0.0%/yr Public Records
Feb 26, 2008 Sold $434,213 -16.3%/yr Public Records
Aug 29, 2006 Sold $567,000 -- Public Records
Beds: 4
Baths: 1
Sq. Ft.: 1,392
$/Sq. Ft.: $197
Lot Size: 6,700 Sq. Ft.
Property History
Date Event Price Appreciation Source
Oct 31, 2008 Listed $274,000 -- MRMLS #I08155611
Mar 07, 2008 Sold $434,213 0.0%/yr Public Records
Feb 26, 2008 Sold $434,213 -16.3%/yr Public Records
Aug 29, 2006 Sold $567,000 -- Public Records
freedomCM_IHB
New member
What amazes me isn't that they have all dropped, its that each of those is in a truly shitty location, and yet sold previously for more than half a million (MILLION!) dollars!
irvine_home_owner_IHB
New member
Kool Aid is powerful... I would know (more on that later).
ABC123_IHB
New member
freedomCM said:
I'm actually amazed that the prices haven't dropped more. A lot of the 50%+ price declines seem to be complete tear-downs in less than desirable neighborhoods.
MalibuRenter_IHB
New member
It's not just the bad neighborhoods.
http://www.redfin.com/CA/WOODLAND-HILLS/22055-AVENUE-SAN-LUIS-91364/home/4191526
52% off, and it hasn't yet sold. Woodland Hills. South of the Boulevard.
and
http://www.redfin.com/CA/Calabasas/24410-Mulholland-Hwy-91302/home/12096164 Current list price $1 million. Big house, built in 2007, on over an acre. Status address on Mulholland. At least 50% off. Outstanding mortgages are $2 million.
The property history on Redfin isn't quite right. It was originally for sale for over $2 million, became a short sale at $2 million http://realestate.yahoo.com/California/Agoura_Hills/Homes_for_sale/7e1c5e87913eb4c388e991f35a36c4?cc=realestate&p=Agoura Hills, CA&priceHigh=&priceLow=&nodeId=750007014&radius=&bedrooms=&bathrooms=&type=foreclosure&sortBy=bth+2 . Then, it continued its descent to $1.4 million, http://realestate.yahoo.com/California/Agoura_Hills/Homes_for_sale/3f53e8ae678fec79a0e2c4192f1fb2?cc=realestate&p=Agoura Hills, CA&priceHigh=&priceLow=&nodeId=750007014&sortBy=price 2&radius=&bedrooms=&bathrooms=&type=&b=41
"Beds: 4
Baths: 4
Sq. Ft.: 4,500
$/Sq. Ft.: $222
Lot Size: 1.05 Acres
Property Type: Single Family Residence
Style: Contemporary
Year Built: 2007
Stories: 2
View: City
Area: West South SFV
County: Los Angeles
MLS#: F1789091
Source: SoCalMLS
Status: Active
On Redfin: 5 days
Absolutely stunning Estate Home boasting over 4500 sq ft Truely spacious with open floor plan fantastic views that are panoramic. Very dramatic foyer done in custom marble leading you to a grand living room and formal dining room. Gorgeous gourmet kitchen featuring Viking stove and granite counters. Limestone flooring which pairs with recessed lighting, high ceilings located in Prime Calabasas. Fantastic opportunity please hurry and call agent for a showing"
http://www.redfin.com/CA/WOODLAND-HILLS/22055-AVENUE-SAN-LUIS-91364/home/4191526
52% off, and it hasn't yet sold. Woodland Hills. South of the Boulevard.
and
http://www.redfin.com/CA/Calabasas/24410-Mulholland-Hwy-91302/home/12096164 Current list price $1 million. Big house, built in 2007, on over an acre. Status address on Mulholland. At least 50% off. Outstanding mortgages are $2 million.
The property history on Redfin isn't quite right. It was originally for sale for over $2 million, became a short sale at $2 million http://realestate.yahoo.com/California/Agoura_Hills/Homes_for_sale/7e1c5e87913eb4c388e991f35a36c4?cc=realestate&p=Agoura Hills, CA&priceHigh=&priceLow=&nodeId=750007014&radius=&bedrooms=&bathrooms=&type=foreclosure&sortBy=bth+2 . Then, it continued its descent to $1.4 million, http://realestate.yahoo.com/California/Agoura_Hills/Homes_for_sale/3f53e8ae678fec79a0e2c4192f1fb2?cc=realestate&p=Agoura Hills, CA&priceHigh=&priceLow=&nodeId=750007014&sortBy=price 2&radius=&bedrooms=&bathrooms=&type=&b=41
"Beds: 4
Baths: 4
Sq. Ft.: 4,500
$/Sq. Ft.: $222
Lot Size: 1.05 Acres
Property Type: Single Family Residence
Style: Contemporary
Year Built: 2007
Stories: 2
View: City
Area: West South SFV
County: Los Angeles
MLS#: F1789091
Source: SoCalMLS
Status: Active
On Redfin: 5 days
Absolutely stunning Estate Home boasting over 4500 sq ft Truely spacious with open floor plan fantastic views that are panoramic. Very dramatic foyer done in custom marble leading you to a grand living room and formal dining room. Gorgeous gourmet kitchen featuring Viking stove and granite counters. Limestone flooring which pairs with recessed lighting, high ceilings located in Prime Calabasas. Fantastic opportunity please hurry and call agent for a showing"
ABC123_IHB
New member
1742 Farmstead Ave Hacienda Heights, CA 91745
Price: $229,000
Beds: 3
Baths: 1
Sq. Ft.: 1,014
$/Sq. Ft.: $226
Lot Size: 6,528 Sq. Ft.
Oct 15, 2008 Listed $229,000 -- i-Tech MLS #22117001
May 06, 2008 Sold $495,970 -5.4%/yr Public Records
Jun 22, 2006 Sold $550,000 22.4%/yr Public Records
Jan 05, 1999 Sold $122,000 3.8%/yr Public Records
Apr 07, 1989 Sold $85,000 -38.0%/yr Public Records
Aug 19, 1988 Sold $115,000 -- Public Records
Price: $229,000
Beds: 3
Baths: 1
Sq. Ft.: 1,014
$/Sq. Ft.: $226
Lot Size: 6,528 Sq. Ft.
Oct 15, 2008 Listed $229,000 -- i-Tech MLS #22117001
May 06, 2008 Sold $495,970 -5.4%/yr Public Records
Jun 22, 2006 Sold $550,000 22.4%/yr Public Records
Jan 05, 1999 Sold $122,000 3.8%/yr Public Records
Apr 07, 1989 Sold $85,000 -38.0%/yr Public Records
Aug 19, 1988 Sold $115,000 -- Public Records
ABC123_IHB
New member
1810 Monica Rowland Heights, CA 91748
Price: $350,000 (short sale)
Beds: 4
Baths: 3
Sq. Ft.: 2,217
$/Sq. Ft.: $158
Lot Size: 7,911 Sq. Ft.
Nov 07, 2005 Sold $730,000 25.8%/yr Public Records
Oct 20, 2003 Sold $456,000 10.2%/yr Public Records
Aug 22, 2001 Sold $370,000 6.0%/yr Public Records
Jan 08, 1999 Sold $318,000 16.9%/yr Public Records
May 10, 1996 Sold $210,000 -- Public Records
Price: $350,000 (short sale)
Beds: 4
Baths: 3
Sq. Ft.: 2,217
$/Sq. Ft.: $158
Lot Size: 7,911 Sq. Ft.
Nov 07, 2005 Sold $730,000 25.8%/yr Public Records
Oct 20, 2003 Sold $456,000 10.2%/yr Public Records
Aug 22, 2001 Sold $370,000 6.0%/yr Public Records
Jan 08, 1999 Sold $318,000 16.9%/yr Public Records
May 10, 1996 Sold $210,000 -- Public Records
caycifish_IHB
New member
"Ghetto superstar, that is what you are..."
57% off in Anaheim
405 S East St
Anaheim, CA 92805
Price: $236,404
Beds: 3
Baths: 2
Sq. Ft.: 1,143
$/Sq. Ft.: $207
Lot Size: 3,792 Sq. Ft.
Oct 30, 2008 Price Changed $236,404 -- SoCalMLS #P645671
Sep 24, 2008 Price Changed $248,584 -- SoCalMLS #P645671
Aug 21, 2008 Price Changed $261,405 -- SoCalMLS #P645671
Jul 15, 2008 Price Changed $274,900 -- SoCalMLS #P645671
Jul 07, 2008 Listed $289,900 -- SoCalMLS #P645671
Mar 21, 2008 Sold $307,500 -21.2%/yr Public Records
Sep 14, 2005 Sold $560,000 42.5%/yr Public Records
Jun 05, 2003 Sold $250,000 >1,000%/yr Public Records
Mar 21, 2003 Sold $5,000 -99.3%/yr Public Records
Jun 21, 2002 Sold $210,000 8.5%/yr Public Records
Oct 05, 1998 Sold $155,000 386.5%/yr Public Records
May 22, 1998 Sold $86,000 -34.0%/yr Public Records
Feb 19, 1997 Sold $144,561 19.5%/yr Public Records
May 04, 1995 Sold $105,000 495.8%/yr Public Records
Nov 01, 1994 Sold $42,736 82.4%/yr Public Records
Oct 15, 1992 Sold $12,500 -- Public Records
http://www.redfin.com/CA/Anaheim/405-S-East-St-92805/home/3216832
http://i-0.rfimg.us/photo/46/bigphoto/671/P645671_0.jpg
57% off in Anaheim
405 S East St
Anaheim, CA 92805
Price: $236,404
Beds: 3
Baths: 2
Sq. Ft.: 1,143
$/Sq. Ft.: $207
Lot Size: 3,792 Sq. Ft.
Oct 30, 2008 Price Changed $236,404 -- SoCalMLS #P645671
Sep 24, 2008 Price Changed $248,584 -- SoCalMLS #P645671
Aug 21, 2008 Price Changed $261,405 -- SoCalMLS #P645671
Jul 15, 2008 Price Changed $274,900 -- SoCalMLS #P645671
Jul 07, 2008 Listed $289,900 -- SoCalMLS #P645671
Mar 21, 2008 Sold $307,500 -21.2%/yr Public Records
Sep 14, 2005 Sold $560,000 42.5%/yr Public Records
Jun 05, 2003 Sold $250,000 >1,000%/yr Public Records
Mar 21, 2003 Sold $5,000 -99.3%/yr Public Records
Jun 21, 2002 Sold $210,000 8.5%/yr Public Records
Oct 05, 1998 Sold $155,000 386.5%/yr Public Records
May 22, 1998 Sold $86,000 -34.0%/yr Public Records
Feb 19, 1997 Sold $144,561 19.5%/yr Public Records
May 04, 1995 Sold $105,000 495.8%/yr Public Records
Nov 01, 1994 Sold $42,736 82.4%/yr Public Records
Oct 15, 1992 Sold $12,500 -- Public Records
http://www.redfin.com/CA/Anaheim/405-S-East-St-92805/home/3216832
http://i-0.rfimg.us/photo/46/bigphoto/671/P645671_0.jpg
ABC123_IHB
New member
450 E 4th St #131 Santa Ana, CA 92701
Price: $102,900
Sold $300,000 Jan 27, 2006
Beds: 2
Baths: 2
Sq. Ft.: 740
$/Sq. Ft.: $139
Price: $102,900
Sold $300,000 Jan 27, 2006
Beds: 2
Baths: 2
Sq. Ft.: 740
$/Sq. Ft.: $139
ABC123_IHB
New member
600 W 3rd St #A311 Santa Ana, CA 92701
Price: $109,900
Sold $315,000 Oct 20, 2006
Beds: 2
Baths: 1
Sq. Ft.: 864
$/Sq. Ft.: $127
I wonder if the shopping cart is included.
Price: $109,900
Sold $315,000 Oct 20, 2006
Beds: 2
Baths: 1
Sq. Ft.: 864
$/Sq. Ft.: $127
I wonder if the shopping cart is included.
ABC123_IHB
New member
1232 W 2nd St Santa Ana, CA 92703
Price: $149,900
Sold $564,000 Jan 16, 2007
Beds: 2
Baths: 1
Sq. Ft.: 763
$/Sq. Ft.: $196
Lot Size: 6,283 Sq. Ft.
Price: $149,900
Sold $564,000 Jan 16, 2007
Beds: 2
Baths: 1
Sq. Ft.: 763
$/Sq. Ft.: $196
Lot Size: 6,283 Sq. Ft.