CM_Dude_IHB
New member
Aliso is a very nice community. The commercial centers can be crowded on the weekends, but aesthetically it is a nice community.
Losses Outside of Irvine
- Thread starter CalGal_IHB
- Start date
NEW -> Contingent Buyer Assistance Program
lawyerliz_IHB
New member
A local developer on the space coast, not one you'd know of. advertised a `13% to 25% "temporary" sale. Actually, with the 25%, you probably'd not be doing too badly. The lowest offering is $178, which is chump change out there, but pretty expensive here with our extremely low salaries. You could probably get some other inducements to go along with the lower prices.
Lennar is doing its all houses to be sold in 30 days thing, with 2 weeks left. Strangely enough, the ad is all in black with pictures of the houses, and past and present prices of the offerings embedded in the blackness. . It looks very unappetizing. It looks like a death announcement, actually.
They advertising in black out there?
2425---How are they squeezing 4 bedrooms in less than 1200 square feet? All the rooms must be tiny.
I was going to say, sorry for it being off the topic, but it's a loss and it's outside of Irvine, 'waaaaay outside Irvine, so maybe not off topic.
Lennar is doing its all houses to be sold in 30 days thing, with 2 weeks left. Strangely enough, the ad is all in black with pictures of the houses, and past and present prices of the offerings embedded in the blackness. . It looks very unappetizing. It looks like a death announcement, actually.
They advertising in black out there?
2425---How are they squeezing 4 bedrooms in less than 1200 square feet? All the rooms must be tiny.
I was going to say, sorry for it being off the topic, but it's a loss and it's outside of Irvine, 'waaaaay outside Irvine, so maybe not off topic.
ns2524_IHB
New member
One of the reasons that the inventory is moving is because of the affordability factor. The second factor is more or less psychological. What we are seeing is a 25% off sale. People who been waiting for a while are buying now, simply because of the 25% off. I personally think, it’s nothing but a “Bear Trap” . We are still way off 2003 prices and the rael correction is yet to come.
ns2524_IHB
New member
Today's report 11/11/07
25852 VIA LOMAS #38, Laguna Hills, CA 92653
List Price: $260,000
Last Sale: 01/06/06
Sales Price: $395,000
Bedrooms: 2
Full Baths: 2
Partial Baths: 0
Square Feet: 897
Lot Size: N/A
Year Built: 1981
Listing Date: 11/08/07
On Market: 2 days
Type: CONDO/TH
Status: ACTIVE
MLS #: P609564
*****************
7 GREENBORROW COURT, Aliso Viejo, CA 92656
List Price: $445,000
Last Sale: 05/25/04
Sales Price: $550,000
Bedrooms: 3
Full Baths: 2
Partial Baths: 0
Square Feet: 1,367
Lot Size: N/A
Year Built: 1997
Listing Date: 11/09/07
On Market: 1 day
Type: CONDO/TH
Status: ACTIVE
MLS #: S512404
******************
27945 VIA DEL AGUA, Laguna Niguel, CA 92677
List Price: $315,000
Last Sale: 09/08/06
Sales Price: $404,000
Bedrooms: 1
Full Baths: 1
Partial Baths: 0
Square Feet: 891
Lot Size: N/A
Year Built: 1994
Listing Date: 11/09/07
On Market: 1 day
Type: CONDO/TH
Status: ACTIVE
MLS #: S512406
*****************
56 SKYWOOD STREET, Mission Viejo, CA 92694
List Price: $799,000
Last Sale: 09/29/05
Sales Price: $920,000
Bedrooms: 4
Full Baths: 3
Partial Baths: 0
Square Feet: 2,300
Lot Size: 7,000 Sq. Ft.
Year Built: 2000
Listing Date: 11/09/07
On Market: 1 day
Type: SFR
Status: ACTIVE
MLS #: S512385
*******************
36 COPPERSTONE LANE, Mission Viejo, CA 92692
List Price: $739,900
Last Sale: 08/01/05
Sales Price: $860,000
Bedrooms: 3
Full Baths: 2
Partial Baths: 1
Square Feet: 2,325
Lot Size: 6,806 Sq. Ft.
Year Built: 2000
Listing Date: 11/10/07
On Market: 0 day
Type: SFR
Status: ACTIVE
MLS #: S512407
25852 VIA LOMAS #38, Laguna Hills, CA 92653
List Price: $260,000
Last Sale: 01/06/06
Sales Price: $395,000
Bedrooms: 2
Full Baths: 2
Partial Baths: 0
Square Feet: 897
Lot Size: N/A
Year Built: 1981
Listing Date: 11/08/07
On Market: 2 days
Type: CONDO/TH
Status: ACTIVE
MLS #: P609564
*****************
7 GREENBORROW COURT, Aliso Viejo, CA 92656
List Price: $445,000
Last Sale: 05/25/04
Sales Price: $550,000
Bedrooms: 3
Full Baths: 2
Partial Baths: 0
Square Feet: 1,367
Lot Size: N/A
Year Built: 1997
Listing Date: 11/09/07
On Market: 1 day
Type: CONDO/TH
Status: ACTIVE
MLS #: S512404
******************
27945 VIA DEL AGUA, Laguna Niguel, CA 92677
List Price: $315,000
Last Sale: 09/08/06
Sales Price: $404,000
Bedrooms: 1
Full Baths: 1
Partial Baths: 0
Square Feet: 891
Lot Size: N/A
Year Built: 1994
Listing Date: 11/09/07
On Market: 1 day
Type: CONDO/TH
Status: ACTIVE
MLS #: S512406
*****************
56 SKYWOOD STREET, Mission Viejo, CA 92694
List Price: $799,000
Last Sale: 09/29/05
Sales Price: $920,000
Bedrooms: 4
Full Baths: 3
Partial Baths: 0
Square Feet: 2,300
Lot Size: 7,000 Sq. Ft.
Year Built: 2000
Listing Date: 11/09/07
On Market: 1 day
Type: SFR
Status: ACTIVE
MLS #: S512385
*******************
36 COPPERSTONE LANE, Mission Viejo, CA 92692
List Price: $739,900
Last Sale: 08/01/05
Sales Price: $860,000
Bedrooms: 3
Full Baths: 2
Partial Baths: 1
Square Feet: 2,325
Lot Size: 6,806 Sq. Ft.
Year Built: 2000
Listing Date: 11/10/07
On Market: 0 day
Type: SFR
Status: ACTIVE
MLS #: S512407
caycifish_IHB
New member
Less than the 2004 sale price.
641 South Bronwyn DR
Anaheim, CA 92804
Price: $417,000
$/Sq. Ft.: $339
Beds: 3
Baths: 2
Sq. Ft.: 1,229
Sale History:
05/06/2004 $430,000
09/18/1996 $147,000
04/25/1996 $155,000
10/13/1988 $165,500
http://www.redfin.com/stingray/do/printable-listing?listing-id=634291
641 South Bronwyn DR
Anaheim, CA 92804
Price: $417,000
$/Sq. Ft.: $339
Beds: 3
Baths: 2
Sq. Ft.: 1,229
Sale History:
05/06/2004 $430,000
09/18/1996 $147,000
04/25/1996 $155,000
10/13/1988 $165,500
http://www.redfin.com/stingray/do/printable-listing?listing-id=634291
caycifish_IHB
New member
Big ouch! Yet another tanking house in Anahiem:
901 North Lenz DR
Anaheim, CA 92805
Price: $440,000
$/Sq. Ft.: $226
Beds: 3
Baths: 2
Sq. Ft.: 1,950
Sale History:
06/30/2006 $635,000
04/26/1991 $197,500
12/06/1989 $195,000
http://www.redfin.com/stingray/do/printable-listing?listing-id=1284399
901 North Lenz DR
Anaheim, CA 92805
Price: $440,000
$/Sq. Ft.: $226
Beds: 3
Baths: 2
Sq. Ft.: 1,950
Sale History:
06/30/2006 $635,000
04/26/1991 $197,500
12/06/1989 $195,000
http://www.redfin.com/stingray/do/printable-listing?listing-id=1284399
ns2524_IHB
New member
87 PAMPLONA, Aliso Viejo, CA 92656
List Price: $419,900
Last Sale: 08/29/05
Sales Price: $485,000
Bedrooms: 2
Full Baths: 2
Partial Baths: 0
Square Feet: 1,213
Lot Size: 2,947 Sq. Ft.
Year Built: 1991
Listing Date: 11/12/07
On Market: 1 day
Type: CONDO/TH
Status: ACTIVE
MLS #: S512554
****************
24932 EXPRESS DRIVE, Laguna Hills, CA 92653**
List Price: $489,000
Last Sale: 06/15/05
Sales Price: $635,000
Bedrooms: 2
Full Baths: 2
Partial Baths: 0
Square Feet: 1,075
Lot Size: 7,840 Sq. Ft.
Year Built: 1971
Listing Date: 11/10/07
On Market: 3 days
Type: SFR
Status: ACTIVE
MLS #: S512527
List Price: $419,900
Last Sale: 08/29/05
Sales Price: $485,000
Bedrooms: 2
Full Baths: 2
Partial Baths: 0
Square Feet: 1,213
Lot Size: 2,947 Sq. Ft.
Year Built: 1991
Listing Date: 11/12/07
On Market: 1 day
Type: CONDO/TH
Status: ACTIVE
MLS #: S512554
****************
24932 EXPRESS DRIVE, Laguna Hills, CA 92653**
List Price: $489,000
Last Sale: 06/15/05
Sales Price: $635,000
Bedrooms: 2
Full Baths: 2
Partial Baths: 0
Square Feet: 1,075
Lot Size: 7,840 Sq. Ft.
Year Built: 1971
Listing Date: 11/10/07
On Market: 3 days
Type: SFR
Status: ACTIVE
MLS #: S512527
awgee_IHB
New member
It appears the last sales price on this property was $1,300,500 which would correlate well with the property tax of $15,320.
If this property sells at full price, ( snicker - snicker ), and assuming a 5% commish, loss will be at least $161,450 or 12%. Ouch.
14 Meritage
Coto De Caza, CA 92679
Beds: 4
Baths: 3
Sq. Ft.: 2,900
$/Sq. Ft.: $413
Lot Size: 5,500 sq. ft.
Type: Single Family Residence
Style: Contemporary
Year Built: 1993
Stories: Two Levels
View(s): Golf Course
Area: Coto De Caza
County: Orange
MLS#: S512497
Status: Active
On Redfin: 1 day
If this property sells at full price, ( snicker - snicker ), and assuming a 5% commish, loss will be at least $161,450 or 12%. Ouch.
14 Meritage
Coto De Caza, CA 92679
Beds: 4
Baths: 3
Sq. Ft.: 2,900
$/Sq. Ft.: $413
Lot Size: 5,500 sq. ft.
Type: Single Family Residence
Style: Contemporary
Year Built: 1993
Stories: Two Levels
View(s): Golf Course
Area: Coto De Caza
County: Orange
MLS#: S512497
Status: Active
On Redfin: 1 day
awgee_IHB
New member
The last sale on this property, per Redfin, was $975,000 on 8/31/2005. At a full price sale and 5% commissions, the loss will be $120,950 or 12% in less than two years. I cannot help but wonder how much they put down.
One of the statements that it seems every re agent in Coto is taught to utter is, "The problems in the rest of the real estate market aren't affecting homes here in Coto." Yeah, I guess not.
Price: $899,000
Redfin Savings: $17,980*
48 Creek View RD
Coto De Caza, CA 92679
Beds: 5
Baths: 2.5
Sq. Ft.: 2,898
$/Sq. Ft.: $310
Lot Size: 7,200 sq. ft.
Type: Single Family Residence
Style: Contemporary/Modern
Year Built: 1997
Stories: Two Levels
View(s): Hills
Area: Coto De Caza
County: Orange
MLS#: S511621
Status: Active
On Redfin: 9 days
One of the statements that it seems every re agent in Coto is taught to utter is, "The problems in the rest of the real estate market aren't affecting homes here in Coto." Yeah, I guess not.
Price: $899,000
Redfin Savings: $17,980*
48 Creek View RD
Coto De Caza, CA 92679
Beds: 5
Baths: 2.5
Sq. Ft.: 2,898
$/Sq. Ft.: $310
Lot Size: 7,200 sq. ft.
Type: Single Family Residence
Style: Contemporary/Modern
Year Built: 1997
Stories: Two Levels
View(s): Hills
Area: Coto De Caza
County: Orange
MLS#: S511621
Status: Active
On Redfin: 9 days
awgee_IHB
New member
Purchase price - $1,325,000 - purchase date - 6-08-2005
Including 5% commish, minimum loss will be $280,950 or 21% is less than two years.
But, remember, real estate problems in other places aren't affecting Coto, because Coto is ... ?
Price: $1,099,000
Redfin Savings: $21,980*
11 Pine VLY
Coto De Caza, CA 92679
Beds: 5
Baths: 2.5
Sq. Ft.: 3,424
$/Sq. Ft.: $321
Lot Size: 0.32 acres
Type: Single Family Residence
Style: Other
Year Built: 1990
Stories: Two Levels
View(s): Hills, Mountain, Panoramic, Pool, Has View
Area: Coto De Caza
County: Orange
MLS#: S512389
Status: Active
On Redfin: 3 days
Including 5% commish, minimum loss will be $280,950 or 21% is less than two years.
But, remember, real estate problems in other places aren't affecting Coto, because Coto is ... ?
Price: $1,099,000
Redfin Savings: $21,980*
11 Pine VLY
Coto De Caza, CA 92679
Beds: 5
Baths: 2.5
Sq. Ft.: 3,424
$/Sq. Ft.: $321
Lot Size: 0.32 acres
Type: Single Family Residence
Style: Other
Year Built: 1990
Stories: Two Levels
View(s): Hills, Mountain, Panoramic, Pool, Has View
Area: Coto De Caza
County: Orange
MLS#: S512389
Status: Active
On Redfin: 3 days
no_vaseline_IHB
New member
.....exactly the same.
awgee_IHB
New member
Looks like another rollback to pre-2005 prices
purchased on 3-15-2005 for $1,263,000
Let's assume a full offer price sale of $1,099,000. That incurs a loss of $218,950 including 5% re commissions, or 17% from the 2005 price in less than three years. Do you think that is a 2004 price or a 2003 price or ... ? And it hasn't sold yet.
Price: $1,099,000
Redfin Savings: $21,980*
30 Calle De Princesa
Coto De Caza, CA 92679
Beds: 5
Baths: 3.5
Sq. Ft.: 3,500
$/Sq. Ft.: $314
Lot Size: 10,000 sq. ft.
Type: Single Family Residence
Style: Mediterranean
Year Built: 1987
Stories: Two Levels
View(s): Golf Course, Mountain
Area: Coto De Caza
County: Orange
MLS#: S496113
Status: Active
On Redfin: 127 days
Unsold in 90+ days
purchased on 3-15-2005 for $1,263,000
Let's assume a full offer price sale of $1,099,000. That incurs a loss of $218,950 including 5% re commissions, or 17% from the 2005 price in less than three years. Do you think that is a 2004 price or a 2003 price or ... ? And it hasn't sold yet.
Price: $1,099,000
Redfin Savings: $21,980*
30 Calle De Princesa
Coto De Caza, CA 92679
Beds: 5
Baths: 3.5
Sq. Ft.: 3,500
$/Sq. Ft.: $314
Lot Size: 10,000 sq. ft.
Type: Single Family Residence
Style: Mediterranean
Year Built: 1987
Stories: Two Levels
View(s): Golf Course, Mountain
Area: Coto De Caza
County: Orange
MLS#: S496113
Status: Active
On Redfin: 127 days
Unsold in 90+ days
southoctracker_IHB
New member
San Juan Capistrano...asking price is 36% off last sale. Total loss would be $162,300 if this sold and assuming 6% sales costs.
31604 Los Rios St. #145, SJC, 92675Asking price: $305,000
Purchase price: $475,000
Purchase date: 3/21/2006
Original asking price: $449,000
From listing: VERY NEET TOWNHOME, Excelent for first time buyer, located in very nice area, walking distance to school, shopping center, Mission and transportacion.
http://www.southoctracker.com/2007/11/36-off-in-san-juan-neet.html
31604 Los Rios St. #145, SJC, 92675Asking price: $305,000
Purchase price: $475,000
Purchase date: 3/21/2006
Original asking price: $449,000
From listing: VERY NEET TOWNHOME, Excelent for first time buyer, located in very nice area, walking distance to school, shopping center, Mission and transportacion.
http://www.southoctracker.com/2007/11/36-off-in-san-juan-neet.html
caycifish_IHB
New member
At least now the fixers are being priced as fixers (sorta). I wonder if the former "owners" trashed the place on their way to REO?
4218 WEST ASH AVENUE
Fullerton, CA 92833
Price: $437,500
$/Sq. Ft.: $351
Beds: 4
Baths: 2
Sq. Ft.: 1,245
Sale History:
10/02/2007 $496,350
10/02/2006 $600,000
07/08/2004 $445,000
04/16/2003 $300,500
http://www.redfin.com/stingray/do/printable-listing?listing-id=1255200
4218 WEST ASH AVENUE
Fullerton, CA 92833
Price: $437,500
$/Sq. Ft.: $351
Beds: 4
Baths: 2
Sq. Ft.: 1,245
Sale History:
10/02/2007 $496,350
10/02/2006 $600,000
07/08/2004 $445,000
04/16/2003 $300,500
http://www.redfin.com/stingray/do/printable-listing?listing-id=1255200
lawyerliz_IHB
New member
I think that the pictured houses, and most of IR's posts are just what would be slightly ragged mid middle class housing here in Florida. Just not very interesting in themselves. That house is totally boring and it wouldn't be interesting even if you painted it pink and purple stripes. I don't think even my architect daughter could funk it up.
After a while you just get stupified at the humongous prices. There isn't one listing shown on any of these posts, which I consider even close to a normal price, even in over priced Miami, for the rest of the country, save New York City or Boston, or, I guess elsewhere in California.
After a while you just get stupified at the humongous prices. There isn't one listing shown on any of these posts, which I consider even close to a normal price, even in over priced Miami, for the rest of the country, save New York City or Boston, or, I guess elsewhere in California.
ns2524_IHB
New member
27 ARUBA STREET #223, Laguna Niguel, CA 92677
List Price: $300,000
Last Sale: 11/23/05
Sales Price: $398,000
Bedrooms: 2
Full Baths: 2
Partial Baths: 0
Square Feet: 950
Lot Size: N/A
Year Built: 1985
Listing Date: 11/12/07
On Market: 2 days
Type: CONDO/TH
Status: ACTIVE
MLS #: P610034
******************
27243 LAS NIEVES, Mission Viejo, CA 92691
List Price: $499,900
Last Sale: 07/29/05
Sales Price: $608,000
Bedrooms: 3
Full Baths: 2
Partial Baths: 0
Square Feet: 1,120
Lot Size: 4,750 Sq. Ft.
Year Built: 1976
Listing Date: 11/12/07
On Market: 2 days
Type: SFR
Status: ACTIVE
MLS #: S512660
List Price: $300,000
Last Sale: 11/23/05
Sales Price: $398,000
Bedrooms: 2
Full Baths: 2
Partial Baths: 0
Square Feet: 950
Lot Size: N/A
Year Built: 1985
Listing Date: 11/12/07
On Market: 2 days
Type: CONDO/TH
Status: ACTIVE
MLS #: P610034
******************
27243 LAS NIEVES, Mission Viejo, CA 92691
List Price: $499,900
Last Sale: 07/29/05
Sales Price: $608,000
Bedrooms: 3
Full Baths: 2
Partial Baths: 0
Square Feet: 1,120
Lot Size: 4,750 Sq. Ft.
Year Built: 1976
Listing Date: 11/12/07
On Market: 2 days
Type: SFR
Status: ACTIVE
MLS #: S512660
caycifish_IHB
New member
Somebody seriously bought a pink, 1954 house with no air conditioning for almost $600K. Seeing absurd things like this made me sure something was not right with our housing market.
1129 West VERMONT AVE
Anaheim, CA 92802
Price: $425,000
$/Sq. Ft.: $318
Beds: 4
Baths: 2
Sq. Ft.: 1,336
Sale History:
04/11/2006 $592,000
http://www.redfin.com/stingray/do/printable-listing?listing-id=1283036
1129 West VERMONT AVE
Anaheim, CA 92802
Price: $425,000
$/Sq. Ft.: $318
Beds: 4
Baths: 2
Sq. Ft.: 1,336
Sale History:
04/11/2006 $592,000
http://www.redfin.com/stingray/do/printable-listing?listing-id=1283036
ns2524_IHB
New member
Fishy sale history.
35 LA SALLE LANE, Mission Viejo, CA 92694
List Price: $674,900
Last Sale: 07/27/07
Sales Price: $789,452
Bedrooms: 4
Full Baths: 2
Partial Baths: 1
Square Feet: 2,400
Lot Size: 5,500 Sq. Ft.
Year Built: 2003
Listing Date: 11/14/07
On Market: 1 day
Type: SFR
Status: ACTIVE
MLS #: P610255
07/27/2007 $789,452 -10.1%/yr
04/27/2006 $902,000 15.2%/yr
11/16/2004 $735,000 --
35 LA SALLE LANE, Mission Viejo, CA 92694
List Price: $674,900
Last Sale: 07/27/07
Sales Price: $789,452
Bedrooms: 4
Full Baths: 2
Partial Baths: 1
Square Feet: 2,400
Lot Size: 5,500 Sq. Ft.
Year Built: 2003
Listing Date: 11/14/07
On Market: 1 day
Type: SFR
Status: ACTIVE
MLS #: P610255
07/27/2007 $789,452 -10.1%/yr
04/27/2006 $902,000 15.2%/yr
11/16/2004 $735,000 --
caycifish,
That looks a lot like a Cliff May Ranch. If so. it would have some cachet in "Mid Century Modern" community, although I believe that 600 is a little steep.
To see how they can look gussied up, go to:http://www.ranchostyle.com/
That looks a lot like a Cliff May Ranch. If so. it would have some cachet in "Mid Century Modern" community, although I believe that 600 is a little steep.
To see how they can look gussied up, go to:http://www.ranchostyle.com/
ns2524_IHB
New member
8 HAMPSHIRE COURT, Mission Viejo, CA 92694
List Price: $1,795,000
Last Sale: 11/30/05
Sales Price: $2,050,000
Bedrooms: 4
Full Baths: 5
Partial Baths: 1
Square Feet: 4,500
Lot Size: 10,000 Sq. Ft.
Year Built: 2005
Listing Date: 11/15/07
On Market: 0 day
Type: SFR
Status: ACTIVE
MLS #: U7004804
List Price: $1,795,000
Last Sale: 11/30/05
Sales Price: $2,050,000
Bedrooms: 4
Full Baths: 5
Partial Baths: 1
Square Feet: 4,500
Lot Size: 10,000 Sq. Ft.
Year Built: 2005
Listing Date: 11/15/07
On Market: 0 day
Type: SFR
Status: ACTIVE
MLS #: U7004804