Interesting/Amusing Property Finds

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usctrojanman29 said:
Mcdonna1980 said:
20699726_0.jpg


$31,415 per sq ft by For Sale By Optimist with no inside pics. Maybe worthy of a IR weekend post?

Pasadena
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Interesting...the owner picked it up for $4 million and change and now wants 13x that amount? They really want to hit the lotto with this home. For $50 million I want to be on the beach with 20 acres.
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Odds are they bought land, or bought a teardown home. Those prices were in 97.

Based on the picture on redfin, it also appears they bought multiple tracts, and that $4mil is probably what they paid just for the first one (or one set... maybe bought 2 tracts, then added more), if that land wasn't developed... or maybe Looking at the property lines in Zillow, I'm guessing they own maybe 5 tracts of land.

SC -> care to pull up the loan docs on this bad boy for us :)

You think the spelling is funny... here's an even better one, I googled that address... it has its own website however, it appears the agent has not made payments to their ISP on other addresses they owe...?

It also appears to be used in CSI Miami

-=Jeff
 
C Delroy Spuckler said:
usctrojanman29 said:
Mcdonna1980 said:
20699726_0.jpg


$31,415 per sq ft by For Sale By Optimist with no inside pics. Maybe worthy of a IR weekend post?

Pasadena
Click to expand...
Interesting...the owner picked it up for $4 million and change and now wants 13x that amount? They really want to hit the lotto with this home. For $50 million I want to be on the beach with 20 acres.
Click to expand...

Odds are they bought land, or bought a teardown home. Those prices were in 97.

Based on the picture on redfin, it also appears they bought multiple tracts, and that $4mil is probably what they paid just for the first one (or one set... maybe bought 2 tracts, then added more), if that land wasn't developed... or maybe Looking at the property lines in Zillow, I'm guessing they own maybe 5 tracts of land.

SC -> care to pull up the loan docs on this bad boy for us :)

You think the spelling is funny... here's an even better one, I googled that address... it has its own website however, it appears the agent has not made payments to their ISP on other addresses they owe...?

It also appears to be used in CSI Miami

-=Jeff
Click to expand...
Believe it or not but the property has $0 debt....that's right, free and clear ownership baby. Tax records indicate that a 31,415 sf home was present when it was purchased in 1997. Another interesting point is that the owner actually has another mailing address in Pasadena.
 
Ok, 2 interesting price movements in convenant hills today...

4 Fox Hole dropped $6,000 dollars (On a $2.5mil home)

However taking the cake in trivial price drops... we have a new winner:

3 San Jose dropped $112 today (on $2.5mil)

I'll cut 3 San Jose some slack since the owner is already selling the price $1,750,112 below what they bought the home for less than 2 years ago. Ouch.

Delroy
 
Why is a page from a book in this listing?

http://www.redfin.com/CA/Yorba-Linda/20945-Via-Casco-92886/home/4265770?utm_source=myredfin&utm_medium=email&utm_campaign=listings_update&utm_nooverride=1

P693640_0.jpg
 
I know the Nellie Gail Castle has been on the market for a long time... was curious what the deal with this house is.

If I remember correctly, it was in foreclosure a while back, and doing some googling, appears like it might be bank owned...? I remember when it was in foreclosure, I looked it up on realtytrac, and I believe the owner was running some sort of car audio business (which was in the bankruptcy process)... Interestingly, when I just drove past the house a few hours ago, it is still occupied, and there is an SUV parked in the driveway which had some logo on the back of it for some audio place. (not sure if its the same or not).

I'm curious... is the original owner still living in the home? I kinda remember him having some equity in the home (I think he owed $3mil on it, and was listing it at $6mil at the time... right now its listed a bit over $5mil)... would a bank do something like this... that if the owner has equity, while they try to sell the house, they let the owner continue to live in it, and use the equity as rent payment or something like that?

Interesting house... not my cup of tea. Definitely has traffic noise. Has one of the nicest entertainment rooms I've seen, although I thought the theater room was a bit small. Interesting tidbit on the house... its basically 2 homes, sounds like when it was built the family had the inlaws live in half the house... they were telling me the way its designed its basically 2 homes in one, and that you could close off the 2 homes for privacy... it was like 2 years ago when I saw it, so I forget the logistics of how it was done.

Delroy
 
Another Nellie Gail home I'm curious on...

25468 Nellie Gail. Realtytrac has this home listed as a NOD 3/27/09. What's more interesting is if you google that address, you get this hit I'm not an expert on any of this, just someone with access to Realtytrac and Google. Curious if anyone here knows any more on this story?

Interstingly on the NOD, looks like there were 2 loans... one from Wells fargo, and one from the previous seller.

The original owner still appears to live there (the Mercedes SUV mentioned in that doc was parked out front a few weeks ago)

This house was on the market a few years back by Lloyd Gass. It was your typical Nellie Gail home in that it looked a bit dated... it looked like it was remodeled recently but with, well, some interesting taste. It still had alot of the original wood that is typical in Nellie Gail homes. It had one of the nicest (if not the nicest) floorplans I've seen in Nellie Gail, if you could get past the green carpeting, copper ceiling, orange wood, and prayer room. Huge bedrooms, and a great bonus room. The "guest wing" was a bit awkward, but nothing that couldn't easily be fixed. Unlike many homes in Nellie Gail, the back yard was flat and useable... it wasn't landscaped very well (pool room that was falling apart, a crappy pool, and one structure which I really have no clue what it was...) But it was a home that had tons of potential... I know when the current owner moved in, they did a ton of remodeling on it... I think there was construction stuff parked outside for over a year. I'll be curious to see what happens with this home, and if it hits the market again... if the owner did a good job remodeling, this could be a very very nice house.

Delroy
 
SoCal78 said:
IrvineRenter said:
Can somebody tell me what is going on in this painting over the mantle?
Click to expand...

That must make for quite a "conversation piece"!
Click to expand...

If I knew who painted it I could venture a guess..........I'm pretty sure it isnt' what you think it is, but I suspect.............I hate socialist Mexican painters, but I respect them. I think.
 
no_vaseline said:
SoCal78 said:
IrvineRenter said:
Can somebody tell me what is going on in this painting over the mantle?
Click to expand...

That must make for quite a "conversation piece"!
Click to expand...

If I knew who painted it I could venture a guess..........I'm pretty sure it isnt' what you think it is, but I suspect.............I hate socialist Mexican painters, but I respect them. I think.
Click to expand...

No, I'm pretty sure the old peasant dude is taking it from a big carrot and cupcake.
 
Mcdonna1980 said:
no_vaseline said:
SoCal78 said:
IrvineRenter said:
S564452_2_0.jpg


Can somebody tell me what is going on in this painting over the mantle?

4532 Cheviot Irvine, CA 92604 Price: $569,900
Click to expand...

That must make for quite a "conversation piece"!
Click to expand...

If I knew who painted it I could venture a guess..........I'm pretty sure it isnt' what you think it is, but I suspect.............I hate socialist Mexican painters, but I respect them. I think.
Click to expand...

No, I'm pretty sure the old peasant dude is taking it from a big carrot and cupcake.
Click to expand...

That is what I see too. It also looks like there is a black guy giving it to the cupcake...
 
IrvineRenter said:
Mcdonna1980 said:
no_vaseline said:
SoCal78 said:
IrvineRenter said:
S564452_2_0.jpg


Can somebody tell me what is going on in this painting over the mantle?

4532 Cheviot Irvine, CA 92604 Price: $569,900
Click to expand...

That must make for quite a "conversation piece"!
Click to expand...

If I knew who painted it I could venture a guess..........I'm pretty sure it isnt' what you think it is, but I suspect.............I hate socialist Mexican painters, but I respect them. I think.
Click to expand...

No, I'm pretty sure the old peasant dude is taking it from a big carrot and cupcake.
Click to expand...

That is what I see too. It also looks like there is a black guy giving it to the cupcake...
Click to expand...

He's carrying a big sack on his back. I've seen this painting before and it's driving me crazy because I don't remember where I saw it or who the artist is.
 
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