not a realtor_IHB
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simplexchange said:
There is. The coastal breeze blows toward los alamitos and this helps UPE. I really don't think there is anything to worry about.
Long Beach general thread
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There is. The coastal breeze blows toward los alamitos and this helps UPE. I really don't think there is anything to worry about.
It's a good canal location but the smaller than average canal home lot size makes this tough. I bet it ultimately sells for close to 1.8M provide it's not to shabby inside. It's 25 years old so the condition may or may not be good.
Well, they provide plenty of photos, and it looks from them to be as nice as any $1.8 million dollar home should look inside.
Ok, Ok its a $105,000.00 increase or a 1% annual return on invested dollar....yechhhhh!!!
Kaos, I'll never understand listing agents like this. I mean, not only is the asking price certifiably greedtarded, but half the photos are of superfluous crap that have NOTHING to do with the property. To wit:
Really? That photo was more important than, say, a shot of the kitchen? Or a bathroom?
5 million?...Pashaw!!! pocket change! Try 6.5 million on for size
6.5 mil
6.5 mil
$6.5M is a ton of money. But it is a huge house on the open water with multiple huge boat slips. If that is your kind of deal, where else do you buy? The only other area I know of that offers those benefits is Balboa Island and that place is even more expensive.
Good call. Huntington Harbor is another one. The prices in Naples are comparable to HH though I would argue Naples is a lot nicer / more quaint. Plus, anyone who has spent time in Naples would likely agree it has a great community feel that really isn't found in too many other places.
All that said, maybe the point is that $6.5M is too much for Naples, HH, or Balboa Island.
I am not a realtor so I have no vested interest in you waiting or buying now. Just out of curiousity, when will you buy? There are some houses for sale that I think are relatively well priced and have started to move. The one by the school is pending at $1.4M and it's a new house on a big lot. Another sold for $1.3 two months ago and it was a 7 year old house. Both of these are off water too. Are you thinking these are anomolies and there are more decreases coming?
There is. The coastal breeze blows toward los alamitos and this helps UPE. I really don't think there is anything to worry about.
morekaos_IHB
New member
Wow!!! this is a Rivo Alto lister, on the water, on the Island, and it just oozes desperation as it proceeds on its collision course with its 2003 purchase price. Armageddon!
Rivo Alto
"PRICE REDUCED $400,000!!! SELLER WILL ALSO CONSIDER LEASE OR LEASE OPTION."... nice opening line
Mar 04, 2009 Price Changed $1,800,000 -- SoCalMLS #P661636
Feb 05, 2009 Price Changed $1,999,999 -- SoCalMLS #P661636
Oct 22, 2008 Listed $2,200,000 -- SoCalMLS #P661636 .... WTF!!
Oct 02, 2003 Sold $1,695,000 16.0%/yr Public Records
Rivo Alto
"PRICE REDUCED $400,000!!! SELLER WILL ALSO CONSIDER LEASE OR LEASE OPTION."... nice opening line
Mar 04, 2009 Price Changed $1,800,000 -- SoCalMLS #P661636
Feb 05, 2009 Price Changed $1,999,999 -- SoCalMLS #P661636
Oct 22, 2008 Listed $2,200,000 -- SoCalMLS #P661636 .... WTF!!
Oct 02, 2003 Sold $1,695,000 16.0%/yr Public Records
not a realtor_IHB
New member
morekaos said:
It's a good canal location but the smaller than average canal home lot size makes this tough. I bet it ultimately sells for close to 1.8M provide it's not to shabby inside. It's 25 years old so the condition may or may not be good.
Geotpf_IHB
New member
not a realtor said:
Well, they provide plenty of photos, and it looks from them to be as nice as any $1.8 million dollar home should look inside.
morekaos_IHB
New member
This is a VERY nice house, but does it command $793.00 a square foot in this market...I don't think it does.
morekaos_IHB
New member
awgee said:
Ok, Ok its a $105,000.00 increase or a 1% annual return on invested dollar....yechhhhh!!!
morekaos_IHB
New member
Got this one from a tipster over at RB in the LBs blog. 1.3 million for what is basically a 3 bedroom 2 bath 1500 square foot "beach bungalow" in the Shore. $845 dollars a square foot!!! Did I type that right? I did!! The listing agent "Denise Dube" seems to have smoked a few too many dubies. What a set of stones on this realtard to list at 845 while EVERY house around it is cascading towards $350. I need some of that stuff to deal with my everyday life. Where do you buy Denise? Just looking at this listing gives me the munchies and the giggles.
207 Nieto
207 Nieto
hairbanks_IHB
New member
morekaos said:
Kaos, I'll never understand listing agents like this. I mean, not only is the asking price certifiably greedtarded, but half the photos are of superfluous crap that have NOTHING to do with the property. To wit:
Really? That photo was more important than, say, a shot of the kitchen? Or a bathroom?
Geotpf_IHB
New member
Wow, somebody must have owned (and lived in) that house for thirty or forty years. Listed at $1.3 million, yet the taxable value is less than $75k:
Property Tax
Taxable Value
Land $64,192
Additions $9,688
Total $73,880
Tax (2008) $999
Ain't prop 13 grand?
Property Tax
Taxable Value
Land $64,192
Additions $9,688
Total $73,880
Tax (2008) $999
Ain't prop 13 grand?
morekaos_IHB
New member
Like most of this part of Long Beach, they find the owner in the back room, dead for over a year and no one even knew. Most of these houses are lived in by the original buyers in 1922.
morekaos_IHB
New member
frugalwithclass said:there are 1 or 2 homes in naples that i see come up for 4 or 6mil and then they go away but i dont think they sell and i dont even have an interest to checkit is amazing someone selling there house in lb thinks they can get 3 , 4mil , 5mil. i live in lb, its nice but not 5mil nice
5 million?...Pashaw!!! pocket change! Try 6.5 million on for size
6.5 mil
6.5 mil
not a realtor_IHB
New member
morekaos said:frugalwithclass said:there are 1 or 2 homes in naples that i see come up for 4 or 6mil and then they go away but i dont think they sell and i dont even have an interest to check
5 million?...Pashaw!!! pocket change! Try 6.5 million on for size
6.5 mil
6.5 mil
$6.5M is a ton of money. But it is a huge house on the open water with multiple huge boat slips. If that is your kind of deal, where else do you buy? The only other area I know of that offers those benefits is Balboa Island and that place is even more expensive.
morekaos_IHB
New member
Huntington Beach comes to mind
not a realtor_IHB
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morekaos said:
Good call. Huntington Harbor is another one. The prices in Naples are comparable to HH though I would argue Naples is a lot nicer / more quaint. Plus, anyone who has spent time in Naples would likely agree it has a great community feel that really isn't found in too many other places.
All that said, maybe the point is that $6.5M is too much for Naples, HH, or Balboa Island.
morekaos_IHB
New member
You are preaching to the choir. I currently live on Naples and will eventually buy there. I like the feel much better that either HB or Balboa. However if someone were to give me a house in Coral Cay or Balboa I would not refuse it.
not a realtor_IHB
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morekaos said:
I am not a realtor so I have no vested interest in you waiting or buying now. Just out of curiousity, when will you buy? There are some houses for sale that I think are relatively well priced and have started to move. The one by the school is pending at $1.4M and it's a new house on a big lot. Another sold for $1.3 two months ago and it was a 7 year old house. Both of these are off water too. Are you thinking these are anomolies and there are more decreases coming?
morekaos_IHB
New member
I do not think these are anomalies. There is a home on Rafael Walk that just came up and I think the builder/owner may have run out of money. Nice, new, never lived in house put up on a flattened old house lot. Not for what they are asking but probably much lower. There is another right down the street that is a short sale and another on the water that is bank owned. Prices will come down more. I am a patient man. Mrs Morekaos is another story.
outta money
short sale
bank owned
outta money
short sale
bank owned