Newer Irvine listings with crazy WTF asking prices from equity sellers

OCgasman said:
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

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...

Dude, nice party pad.
 
Whoah... interesting media room:

PW13036481_15_1.jpg
 
cowlemon said:
http://www.redfin.com/CA/Irvine/67-Plantation-92620/home/17467497

The last one house with the same floor plan sold for $700K.

Almost bought one of these Stonetrees while back.  Floorplan is ok, I believe not all Stonetrees are the same, some have a front yard depending on their location in Woodbury.  I don't see any upgrades that justify the price but then this is 3/2013.. totally different than 12/2012 when the other one sold for $700k (that one was originally purchase for just over a mil for a Stonetree! ouch!).
http://www.redfin.com/CA/Irvine/26-Long-Fellow-92620/home/12253208
 
USCTrojanCPA said:
So this seller purchased the home about 3 years ago and is now asking for over $350k above their purchase price...
http://www.redfin.com/CA/Irvine/40-Nighthawk-92604/home/4688361

Nice upgrades with a larger than average lot in a very good location in Woodbridge, but over $1m?  I guess if The Branches can get over $1m, the sellers think this home can too.

Shootin myself in the foot right now looking at that asking price.  Was within a heartbeat of offering slightly higher than what it sold for when it was on the market in 2010...Looked for nearly 5 years for a single story in woodbridge, and we loved the lot, location, and actually really like the bones of that floorplan...But was scared off by the work that home needed.  It was original owners who neglected it largely, I remember a rather overpowering mildewy/old people smell that permeated the house.  Regardless to say the current owners went through a rather heroic effort both inside and outside...We estimated at the time we'd have to put about $100k to do everything we wanted to do...which was slightly less than what the current owners did based on the redfin pics
 
ps9 said:
cowlemon said:
http://www.redfin.com/CA/Irvine/67-Plantation-92620/home/17467497

The last one house with the same floor plan sold for $700K.

Almost bought one of these Stonetrees while back.  Floorplan is ok, I believe not all Stonetrees are the same, some have a front yard depending on their location in Woodbury.  I don't see any upgrades that justify the price but then this is 3/2013.. totally different than 12/2012 when the other one sold for $700k (that one was originally purchase for just over a mil for a Stonetree! ouch!).
http://www.redfin.com/CA/Irvine/26-Long-Fellow-92620/home/12253208

I prefer Long Fellow since it faces a park while this one faces a small courtyard.  I almost bought the Long Fellow one last Oct, but ultimately went with a Portisol plan 1 for the front and backyards.
 
Single Family Homes in Irvine will be priced at around $450 to $500 per SF by the peak selling season this year.  Buy now while you have the chance....
 
jayl23 said:
Cue Randy Moss saying - "Straight cash homey..."  8)

This is one my favorite quotes ever. Have used it for years.  The majority of the time people don't know I'm quoting him.  I try to use it whenever possible.
 
I just noticed that Redfin feature on that home's link called: "What it takes to win an offer near (zip code)". Interesting. The agents give the deets. You can ask them more questions about their offers that were either accepted or declined.
 
SoCal said:
I just noticed that Redfin feature on that home's link called: "What it takes to win an offer near (zip code)". Interesting. The agents give the deets. You can ask them more questions about their offers that were either accepted or declined.

I'm pretty sure all it takes to win an offer is  8):

stock-footage-suitcase-full-of-money-included-alpha-matte.jpg


Keep stacking them suitcases, and you'll win pretty quickly.  :D
 
cowlemon said:
ps9 said:
cowlemon said:
http://www.redfin.com/CA/Irvine/67-Plantation-92620/home/17467497

The last one house with the same floor plan sold for $700K.

Almost bought one of these Stonetrees while back.  Floorplan is ok, I believe not all Stonetrees are the same, some have a front yard depending on their location in Woodbury.  I don't see any upgrades that justify the price but then this is 3/2013.. totally different than 12/2012 when the other one sold for $700k (that one was originally purchase for just over a mil for a Stonetree! ouch!).
http://www.redfin.com/CA/Irvine/26-Long-Fellow-92620/home/12253208

I prefer Long Fellow since it faces a park while this one faces a small courtyard.  I almost bought the Long Fellow one last Oct, but ultimately went with a Portisol plan 1 for the front and backyards.

It's pending only after 8 days.
 
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