Newer Irvine listings with crazy WTF asking prices from equity sellers

selena.tran said:
The seller of this one, and the listing agent of course, must have been thinking that the market now is even better than 2005. They bought it in 2005 for 720k and now listed it for 729k...

I found this one in the search coz I am looking for Westpark house.

http://www.redfin.com/CA/Irvine/4-Bahia-92614/home/4659657
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Yes, the market is good and westpark houses are selling at 2005 price. Listed at $729k and the seller may take offers at $710k. The comps are selling around that price range:http://www.redfin.com/CA/Irvine/10-Alexandria-92614/home/4661217http://www.redfin.com/CA/Irvine/17-Alexandria-92614/home/4661296

In addition, this property backs to a park and has no neighbors on the back. This should have $10k-20k premium.
 
Is it just me or do crown mouldings on a slant looks weird?  Nice pics and presentation though.. and yes it is still WTF.
 
ps9 said:
Is it just me or do crown mouldings on a slant looks weird?  Nice pics and presentation though.. and yes it is still WTF.
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I agree with you. It's personal preference but I don't like it on a vaulted ceiling either. Crown molding is a traditional design element. Using it in that style is completely out of character.
 
ps9 said:
I unprofessionally feel we're in WTF land again...
http://www.redfin.com/CA/Irvine/203-Mantle-92618/home/28931706(Woodbury East condo listed for over $400/sq ft, miraculously became a SFH overnight, and a STUNNING view of the 133)
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Wow, almost 200k over the sold price from 2011!  Great timing since the owners will hit the 2 year capital gains exclusion if someone buys the property.  Lot size is pretty impressive for a detached condo though..
 
i remember mantle is santa cruz community... its zoned medium-high... the later santa cruz units i remember had a expanded california room incentive which actualy made it EXTREMELY tempting at the price tag they were selling it at last year (i remember at a little more than 650k but not quite 700k)... this particular unit doesnt even have it... the only alt was san marcos in stonegate (zoned medium) at around 700k a year ago... haha who knew...  i was about to pull the trigger on one of these santa cruz units on bronze st... haha having greedy neighbors is not particularly 'bad' thing...
 
ps9 said:
http://www.redfin.com/CA/Irvine/27-Early-Lgt-92620/home/5930944

Almost $450/sq ft, don't see comps that can support this, must be WOOing (no pun intended) for a FCB
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That's one of the best backyards I've ever seen in a resale in that price range for Irvine.  Probably accounts for a lot of the asking price premium, looks like they spent over $200k for the yard alone.  Beautiful yard, worth the premium...<shrug>, I dunno, but that property is beautiful inside and out.  No affiliation with seller, blah, blah, blah...

 
Maybe that's MikeInIrvine's place? Oh wait... he bought in Woodbury not Northwood II (or maybe that's his second home that his wife bought). :)
 
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