Newer Irvine listings with crazy WTF asking prices from equity sellers

[jamboreedude]

Wow, Irvine must be a realtor's dream job. You can sell houses with less than stellar photography!  That 28 Bianco has such poor resolution in the photos. I would be pretty upset if I was the property owner.

According to the listing, the realtor is:

Ramin Ghazi,
Realty One Group Inc
DRE #01363193

About Ramin Ghazi:http://www.raminghazi.com/profile.htm

He should put a lot more effort in taking better photos of a $800K home!!!  Lazy!

 

[woodburyowner]

http://www.raminghazi.com/profile.htm

He should put a lot more effort in taking better photos of a $800K home!!!  Lazy!

What's funny is that the picture of himself on the website has the words "is an evaluation ver(sion)".  Guess he used some shareware program to re-size that picture.  Pretty unprofessional looking if you ask me. 

 

[quattroporte]

Lower asking prices than what a comparable sold for just three weeks ago. Looks like the market is starting to change. I wonder which of these three would sell first. My guess is that 77 Sapphire will sell last since its a short sale. Nobody wants to deal with the bank BS.

http://www.redfin.com/CA/Irvine/54-Sapphire-92602/unit-1/home/5884958    ($545,000)

http://www.redfin.com/CA/Irvine/57-Sapphire-92602/home/5885101    ($550,000) 

http://www.redfin.com/CA/Irvine/77-Sapphire-92602/unit-49/home/5885252    ($535,000)


This is the one that just sold on July 24, 2013.

http://www.redfin.com/CA/Irvine/38-Sapphire-92602/unit-103/home/5845868    ($580,000)

 

[NASCAR24]

http://www.redfin.com/CA/Irvine/77-Sapphire-92602/unit-49/home/5885252    ($535,000)

Why people carpet their water closets is beyond me!  Yuck overspray and bread crumbs in the carpet! 

 

[usctrojancpa]

Lower asking prices than what a comparable sold for just three weeks ago. Looks like the market is starting to change. I wonder which of these three would sell first. My guess is that 77 Sapphire will sell last since its a short sale. Nobody wants to deal with the bank BS.

http://www.redfin.com/CA/Irvine/54-Sapphire-92602/unit-1/home/5884958    ($545,000)

http://www.redfin.com/CA/Irvine/57-Sapphire-92602/home/5885101    ($550,000) 

http://www.redfin.com/CA/Irvine/77-Sapphire-92602/unit-49/home/5885252    ($535,000)


This is the one that just sold on July 24, 2013.

http://www.redfin.com/CA/Irvine/38-Sapphire-92602/unit-103/home/5845868    ($580,000)

Those listings are not all the same floor plan even though they have the same square feet (1500).  The first one is a plan 4 which is the most popular one and trades at the highest price.  The other two are plan 3s which is the less desirable one. 

 

[NASCAR24]

http://www.redfin.com/CA/Irvine/77-Sapphire-92602/unit-49/home/5885252    ($535,000)

Why people carpet their water closets is beyond me!  Yuck overspray and bread crumbs in the carpet! 

How hard is it to stake the tree in picture 6?  That's just unbelievable they are letting it grow at a 45 degree angle.

Actually she ran into it!  Like my FOB neighbors who keep hitting the side of their garage.

 

[Coleman]

That white TV in 77 Sapphire should go to the Tesla thread.

 

[ps99472]

http://www.redfin.com/CA/Irvine/77-Sapphire-92602/unit-49/home/5885252    ($535,000)

Why people carpet their water closets is beyond me!  Yuck overspray and bread crumbs in the carpet! 

How hard is it to stake the tree in picture 6?  That's just unbelievable they are letting it grow at a 45 degree angle.

Actually she ran into it!  Like my FOB neighbors who keep hitting the side of their garage.

Looks like she is throwing up gang signs...

That's how she drives...

 

[quattroporte]

Sold about $200,000 below listing price within one week for cash?!  ???

Almost 2,700 SF with a 9,148 SF cul-de-sac lot with $42 HOA and 1.14% tax rate (includes Mello Roos).

Aug 12, 2013 Sold (MLS) (Closed) $880,800
Jul 03, 2013 Pending (Backup Offers Accepted)
Jun 18, 2013 Delisted (Withdrawn)
Jun 11, 2013 Listed (Active)  $1,079,500

 

[irvinehomeowner]

http://www.redfin.com/CA/Irvine/77-Sapphire-92602/unit-49/home/5885252    ($535,000)

Why people carpet their water closets is beyond me!  Yuck overspray and bread crumbs in the carpet! 

How hard is it to stake the tree in picture 6?  That's just unbelievable they are letting it grow at a 45 degree angle.

Actually she ran into it!  Like my FOB neighbors who keep hitting the side of their garage.

Looks like she is throwing up gang signs...

That's how she drives...

Drive-by piano lessons!

 

[paperboyNC]

Sold about $200,000 below listing price within one week for cash?!  ???

Almost 2,700 SF with a 9,148 SF cul-de-sac lot with $42 HOA and 1.14% tax rate (includes Mello Roos).

Aug 12, 2013 Sold (MLS) (Closed) $880,800
Jul 03, 2013 Pending (Backup Offers Accepted)
Jun 18, 2013 Delisted (Withdrawn)
Jun 11, 2013 Listed (Active)  $1,079,500

Link?

 

[bearman81]

I think this was for 7 Anzio.  Nice cash discount right?!

 

[quattroporte]

Sold about $200,000 below listing price within one week for cash?!  ???

Almost 2,700 SF with a 9,148 SF cul-de-sac lot with $42 HOA and 1.14% tax rate (includes Mello Roos).

Aug 12, 2013 Sold (MLS) (Closed) $880,800
Jul 03, 2013 Pending (Backup Offers Accepted)
Jun 18, 2013 Delisted (Withdrawn)
Jun 11, 2013 Listed (Active)  $1,079,500

Link?

http://www.redfin.com/CA/Irvine/7-Anzio-92614/home/4661983

 

[flipper]

Sold about $200,000 below listing price within one week for cash?!  ???

Almost 2,700 SF with a 9,148 SF cul-de-sac lot with $42 HOA and 1.14% tax rate (includes Mello Roos).

Aug 12, 2013 Sold (MLS) (Closed) $880,800
Jul 03, 2013 Pending (Backup Offers Accepted)
Jun 18, 2013 Delisted (Withdrawn)
Jun 11, 2013 Listed (Active)  $1,079,500

Link?

http://www.redfin.com/CA/Irvine/7-Anzio-92614/home/4661983

I think there were under table agreements to put the sold price low so that the seller didn't have to pay capital gain on top of $500k allowance. As this is an all cash deal, it is not easy to detect.

 

[quattroporte]

Must be a FCB since there are so many "8"s in the sale price.

 

[flipper]

Must be a FCB since there are so many "8"s in the sale price.

Should be as the selling agent is Chinese.

 

[ps99472]

The listing agent is that guy from IHB?  Don't remember....

 

[zubs]

Sold about $200,000 below listing price within one week for cash?!  ???

Almost 2,700 SF with a 9,148 SF cul-de-sac lot with $42 HOA and 1.14% tax rate (includes Mello Roos).

Aug 12, 2013 Sold (MLS) (Closed) $880,800
Jul 03, 2013 Pending (Backup Offers Accepted)
Jun 18, 2013 Delisted (Withdrawn)
Jun 11, 2013 Listed (Active)  $1,079,500

Link?

http://www.redfin.com/CA/Irvine/7-Anzio-92614/home/4661983

I think there were under table agreements to put the sold price low so that the seller didn't have to pay capital gain on top of $500k allowance. As this is an all cash deal, it is not easy to detect.

I like the way you think sir.
So 880,800 is official, and the buyer pays $150,000 cash into the sellers swiss bank account.
Or it could be $150,000 worth of blowjobs...or gift cards? or vacations? or 2 Teslas? Tesli?




Actually after looking at the pictures in the redfin link...880 looks right.

 

[Veronica]

7 Anzio...Yup, something fishy is going on here. Since 8 Fierro (smaller lot and deafening noise level from Culver) is sold for $900K and 5 Corsica (much smaller house with a smaller lot) for $890K... Smells like under the table $ exchange.

 

[test]

Sold for above asking.
http://www.redfin.com/CA/Irvine/30-Dreamlight-92603/home/5929484