Bloodbath in Coto de Caza

[quote author="awgee" date=1244667813]Graphcakes,

14 Bentley is scheduled for auction tomorrow, 1 Glen Eagles and 20 Centaurus are scheduled for auction on Thursday, and 11 Pine Valley and 9 Creek view are scheduled for auction on Friday.



:cheese:</blockquote>


14 Bentley was scheduled for [strike]today[/strike] yesterday 6/10. It went back to the bank for $1.1mil. Funny, I have heard around here that Asians don't get foreclosed on. Maybe he is not really Asian, and I'm just being racist like BK by looking at the last name.
 
<a href="http://www.zillow.com/homedetails/23672-Via-Ortega-Coto-De-Caza-CA-92679/25617732_zpid/">23672 VIA ORTEGA</a> went back to the bank today for $1,021,021.52 and it had an NTS of $976,528.55. What is amazing is they bought it for $395k in 99. Now that is some serious housing ATM action.
 
[quote author="graphrix" date=1245490218]<a href="http://www.zillow.com/homedetails/23672-Via-Ortega-Coto-De-Caza-CA-92679/25617732_zpid/">23672 VIA ORTEGA</a> went back to the bank today for $1,021,021.52 and it had an NTS of $976,528.55. What is amazing is they bought it for $395k in 99. Now that is some serious housing ATM action.</blockquote>


Coto Housing Blog was just out today taking photos of 23672 Via Ortega for a featured home that will post on Monday.
 
[quote author="awgee" date=1245556510]12 Shire was listed today. This should be fun.</blockquote>


And to make it even more fun... an NOD was filed on 24086 FAIRWAY LN a few weeks ago.
 
Pics of Jeana's home are finally up... some highlights:



What a home theater looks like in a $5.5 million home:

<IMG SRC="http://media.cdn-redfin.com/photo/46/bigphoto/832/S578832_12_0.jpg">



You can mock realtors all you want for Photoshopping skylines, but for a $5.5mil home, you should definitely photoshop the grass to be green...

<IMG SRC="http://media.cdn-redfin.com/photo/46/bigphoto/832/S578832_18_0.jpg">



Is the dog included? (honestly, I give her credit for having a good sense of humor in this photo... I kinda liked it)

<IMG SRC="http://media.cdn-redfin.com/photo/46/bigphoto/832/S578832_19_0.jpg">



My personal favorite... maybe an interior decorator on here can explain this one to me...

<IMG SRC="http://media.cdn-redfin.com/photo/46/bigphoto/832/S578832_13_0.jpg">



Delroy
 
[quote author="morekaos" date=1247208145]Do you have the listiing address or MLS number?</blockquote>


<A HREF="http://www.redfin.com/CA/Coto-De-Caza/12-Shire-92679/home/5054743">12 Shire</A>



Don't get me wrong when I poke fun at it... Shire is a great street, and the house is probably pretty darned nice, and the lot looks nice. My sarcasm is with the $5.5mil price. A nice home backing up to a major street is just a no-no and I'm not sure why Coto couldn't have planned that street out better for those 3 homes on shire which back up to it.



Delroy
 
[quote author="awgee" date=1247202918] Bulldogs are dakine.</blockquote>


Noway. Poodles rock.



<img src="http://rlv.zcache.com/poodles_rule_postcard-p239989304111761348trah_210.jpg" alt="" />
 
[quote author="C Delroy Spuckler" date=1247212050][quote author="morekaos" date=1247208145]Do you have the listiing address or MLS number?</blockquote>


<A HREF="http://www.redfin.com/CA/Coto-De-Caza/12-Shire-92679/home/5054743">12 Shire</A>



Don't get me wrong when I poke fun at it... Shire is a great street, and the house is probably pretty darned nice, and the lot looks nice. My sarcasm is with the $5.5mil price. A nice home backing up to a major street is just a no-no and I'm not sure why Coto couldn't have planned that street out better for those 3 homes on shire which back up to it.



Delroy</blockquote>
The home is probably worth around $3M. Looks like she'll be chasing the market down.
 
or maybe she'll take the advice that she gave her client and take it off the market and put it back on when the market "rebounds".....you know that V Shape curve that is coming in 2010?



edit: holy crap...i just saw the redfin page...Did they really buy the place for 200k in 1990?! or did they but it somewhere in between? seems like the taxable value is too high to go with the 1990 purchase.
 
[quote author="25inIrvine" date=1247217609]or maybe she'll take advice that she gave her client and take it off the market and put it back on when the market "rebounds".....you know that V Shape curve that is coming in 2010?



edit: holy crap...i just saw the redfin page...Did they really buy the place for 200k in 1990?! or did they but it somewhere in between? seems like the taxable value is too high to go with the 1990 purchase.</blockquote>
That was probably the cost of the land.
 
[quote author="usctrojanman29" date=1247217736][quote author="25inIrvine" date=1247217609]or maybe she'll take advice that she gave her client and take it off the market and put it back on when the market "rebounds".....you know that V Shape curve that is coming in 2010?



edit: holy crap...i just saw the redfin page...Did they really buy the place for 200k in 1990?! or did they but it somewhere in between? seems like the taxable value is too high to go with the 1990 purchase.</blockquote>
That was probably the cost of the land.</blockquote>


Yup, most of the Shire homes were built around 2000.
 
[quote author="no_vaseline" date=1247214270][quote author="awgee" date=1247202918] Bulldogs are dakine.</blockquote>


Noway. Poodles rock.



<img src="http://rlv.zcache.com/poodles_rule_postcard-p239989304111761348trah_210.jpg" alt="" /></blockquote>Throw down the gauntlet. We need a poll on whose dog is cuter, the bulldog in Awgee's avatar or the <em>poodle</em>, ( I could hardly type it, let alone say it ), in No_Vas's photo?
 
[quote author="awgee" date=1247266261][quote author="no_vaseline" date=1247214270][quote author="awgee" date=1247202918] Bulldogs are dakine.</blockquote>


Noway. Poodles rock.



<img src="http://rlv.zcache.com/poodles_rule_postcard-p239989304111761348trah_210.jpg" alt="" /></blockquote>Throw down the gauntlet. We need a poll on whose dog is cuter, the bulldog in Awgee's avatar or the <em>poodle</em>, ( I could hardly type it, let alone say it ), in No_Vas's photo?</blockquote>


None of the above



<IMG SRC="http://elitechoice.org/wp-content/uploads/2008/05/paris_hilton_dog.jpg">
 
[quote author="graphrix" date=1245558956][quote author="awgee" date=1245556510]12 Shire was listed today. This should be fun.</blockquote>


And to make it even more fun... an NOD was filed on 24086 FAIRWAY LN a few weeks ago.</blockquote>
Did this NOD get cancelled? I can not find it.
 
[quote author="awgee" date=1247344029][quote author="graphrix" date=1245558956][quote author="awgee" date=1245556510]12 Shire was listed today. This should be fun.</blockquote>


And to make it even more fun... an NOD was filed on 24086 FAIRWAY LN a few weeks ago.</blockquote>
Did this NOD get cancelled? I can not find it.</blockquote>


It still shows as active at Foreclosure Radar.
 
[quote author="awgee" date=1239655115][quote author="awgee" date=1238725790][quote author="awgee" date=1232235380][quote author="awgee" date=1231194638]Sometime within the last two weeks, there was a real price drop of $24,000 to $1,025,000.

And now, another drop of $25,100 to $999,900 which takes it under $300 per sq ft.

Did I mention that this property is also for lease at $4,600 per month?



26 Sawgrass</blockquote>
Maybe relist it?

<a href="http://www.redfin.com/CA/Coto-De-Caza/26-Sawgrass-92679/home/5019816">26 Sawgrass</a></blockquote>


Off Redfin after at least 28 price changes and 8 relistings. Will it come back again soon? Or did they get it leased?</blockquote>


OMG. It is scary how some of them just <a href="http://www.redfin.com/CA/Coto-De-Caza/26-Sawgrass-92679/home/5019816">keep coming back.</a></blockquote>
A Notice of Default recorded on July 1, 2009 for 26 Sawgrass.
 
[quote author="awgee" date=1247690441][quote author="awgee" date=1239655115][quote author="awgee" date=1238725790][quote author="awgee" date=1232235380][quote author="awgee" date=1231194638]Sometime within the last two weeks, there was a real price drop of $24,000 to $1,025,000.

And now, another drop of $25,100 to $999,900 which takes it under $300 per sq ft.

Did I mention that this property is also for lease at $4,600 per month?



26 Sawgrass</blockquote>
Maybe relist it?

<a href="http://www.redfin.com/CA/Coto-De-Caza/26-Sawgrass-92679/home/5019816">26 Sawgrass</a></blockquote>


Off Redfin after at least 28 price changes and 8 relistings. Will it come back again soon? Or did they get it leased?</blockquote>


OMG. It is scary how some of them just <a href="http://www.redfin.com/CA/Coto-De-Caza/26-Sawgrass-92679/home/5019816">keep coming back.</a></blockquote>
A Notice of Default recorded on July 1, 2009 for 26 Sawgrass.</blockquote>


Looks like another Countrywide Option ARM strikes again. 1.37% teaser rate, refi'd in July 2005.



Delroy
 
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