Newer Irvine listings with crazy WTF asking prices from equity sellers
- Thread starter usctrojancpa
- Start date
iacrenter
Well-known member
Opensky,
Looks like another Plan 3 Mendocino popped up on Redfin. Looks like a corner location, relatively large lot ~5000sqft, but only optioned with 3 bedrooms and the price is an eye popping $1.075M! Not much pictures, so it could be upgraded.
http://www.redfin.com/CA/Irvine/22-Sebastian-92602/home/5812787
So now you have three Plan 3 Mendocinos all fighting for buyers on the same tract in NP.http://www.redfin.com/CA/Irvine/26-Oroville-92602/home/5812451http://www.redfin.com/CA/Irvine/14-Oroville-92602/home/5812478
This could be an opportunity for some dealing.
Looks like another Plan 3 Mendocino popped up on Redfin. Looks like a corner location, relatively large lot ~5000sqft, but only optioned with 3 bedrooms and the price is an eye popping $1.075M! Not much pictures, so it could be upgraded.
http://www.redfin.com/CA/Irvine/22-Sebastian-92602/home/5812787
So now you have three Plan 3 Mendocinos all fighting for buyers on the same tract in NP.http://www.redfin.com/CA/Irvine/26-Oroville-92602/home/5812451http://www.redfin.com/CA/Irvine/14-Oroville-92602/home/5812478
This could be an opportunity for some dealing.
Irvinecommuter
New member
iacrenter said:
Mendocino 1 is a good deal about a year ago...now it's crowding up against a lot of competition and the floorplans are pretty wacky.
Also...the realtor might want to properly input the zip code.
Irvinecommuter
New member
iacrenter said:
We came close to getting a plan 1 but it didn't work out. You would have to add the 4th bedroom to make plan 1 work.
For auction.com purchase, the buyer has to pay 5% premium out of his own pocket to pay for auction.com fees and listing agent fees. So the price of the buyer paid is close to $940k if appraisers want to use this as a comp.
Cheaper price from new OH homes is wishful thinking. You have to consider higher HOA fees, mello roos, small lot size, landscape cost, etc. The houses on the Irvine side are not gated per other discussions. The builders will also increase price steadily over phases to maximize profits if the demand is high.
Cheaper price from new OH homes is wishful thinking. You have to consider higher HOA fees, mello roos, small lot size, landscape cost, etc. The houses on the Irvine side are not gated per other discussions. The builders will also increase price steadily over phases to maximize profits if the demand is high.
quattroporte
New member
http://www.redfin.com/CA/Irvine/24-Columbus-92620/home/4795175
$857,000
3,145 Sq. Ft
$272 / Sq. Ft
4,792 Sq. Ft.
Sold On: Jan 17, 2014
$857,000
3,145 Sq. Ft
$272 / Sq. Ft
4,792 Sq. Ft.
Sold On: Jan 17, 2014
irvinehomeowner
Well-known member
This is in the wrong thread.quattroporte said:
Or maybe the right one... $272/sft for a 3CWG in Irvine... WTF?!?
quattroporte
New member
I dont know what to say. All I know is that the selling agent and buying agent is the same.....
quattroporte
New member
.....and buyer paid cash....
quattroporte
New member
On the other hand, you have this:
http://www.redfin.com/CA/Irvine/43-La-Ronda-92606/home/4625230
$655,000
1,200 Sq. Ft.
$546 / Sq. Ft.
Sold On: Jan 17, 2014
It should be noted that the buyer's agent is a wiener...
http://www.redfin.com/CA/Irvine/43-La-Ronda-92606/home/4625230
$655,000
1,200 Sq. Ft.
$546 / Sq. Ft.
Sold On: Jan 17, 2014
It should be noted that the buyer's agent is a wiener...
quattroporte
New member
OpenSky said:quattroporte said:
Nope. It was a financed purchase. Greenlight Financial brokered the loan. Sorry to let the facts get in the way of your narrative!!
No worries. Feel free to correct if inaccurate. I pulled the data straight from Redfin. Regardless, it still seems like a good deal.