IrvineRealtor_IHB
New member
IrvineRealtor said:
Top 10 List
- Thread starter IrvineRealtor_IHB
- Start date
NEW -> Contingent Buyer Assistance Program
These are the lowest price/sqft excluding short sales. These are listed in ascending order by price. You'll have to check each individually to see which one is lowest. Looking at them, I think I see that Pineview is lowest at $246.67/sqft. REO property (surprise) from BoNY also offering 3.5%.
46 Foxhill went for lease @ $3500/month. (P634092)
Wow. For sale at $949,000 and they rented it for $3500...
The math boggles because as a rental multiplier, it was asking 40% too much assuming the generous 160X multiplier.
Double wow, double boggle. Redfin shows last sale at $1,030,000 in 2006. How do you rent it for $3500 when you bought it for a million? Just cutting the losses or pocketing the change and walking away? Can someone with ForeclosureRadar add this to a watch list?
While the purchase price was $1.03M, loans in 2006 started at $978,500. Perhaps the owners took a 5 year I/O ARM on this one at somewhere around 4.5% (I don't recall if that was available then, but I think it is at least possible.) The owners could take a $100K+ hit right now, or pay the difference between $3500 and ($3,669.38) monthly. $170/month sounds deceptively palatable, but you've got to add in taxes, insurance, HOA, maintenance, mgmt and vacancy. Still, it's going to buy some time, and not everyone is as bearish as those here at the blog. Time will tell.
I can't find anything on 8 Bitterwood. Sorry.
Roll in the depreciation if you've got the income, palatable, but stressful. It'll be a long three years if the market stays soft.
IrvineRealtor_IHB
New member
Updated for 6/27/08
The leading edge homes in terms of price/sqft for Irvine, over all price ranges in Irvine excluding short sales.
All are listed as active, maximum this week of $287.04/sqft. asking price.
176 Pineview - $229,900
4308 Apricot - $334,000 - In Escrow
80 Greenfield - $372,900
4585 Sandburg Way - $599,000 - In Escrow
5 Cigliano Aisle - $599,000
5 Crivelli Aisle - $599,000
Athel Ave - $609,900 - In Escrow
14941 Greenbrae - $640,000
14921 Yucca - $649,900 - In Escrow
15 Spicewood Way - $680,000
13755 Typee Way - $699,000
18 Foxglove Way - $729,000
14586 Sweetan - $799,000
4201 Williwaw Dr - $800,000
Thanks, and happy hunting! (Redfin re-linkified.)
The leading edge homes in terms of price/sqft for Irvine, over all price ranges in Irvine excluding short sales.
All are listed as active, maximum this week of $287.04/sqft. asking price.
176 Pineview - $229,900
80 Greenfield - $372,900
5 Cigliano Aisle - $599,000
5 Crivelli Aisle - $599,000
14941 Greenbrae - $640,000
15 Spicewood Way - $680,000
13755 Typee Way - $699,000
18 Foxglove Way - $729,000
14586 Sweetan - $799,000
4201 Williwaw Dr - $800,000
Thanks, and happy hunting! (Redfin re-linkified.)
IrvineRealtor_IHB
New member
IrvineRealtor said:
IrvineRealtor_IHB
New member
Updated for 7/18/08
The leading edge homes in terms of price/sqft for Irvine, over all price ranges in Irvine excluding short sales.
All are listed as active, maximum this week all the way down to $286.85/sqft. asking price.
1. 176 Pineview - $229,900
2. 80 Greenfield - $372,900
3. 128 Long Grass - $578,880
4. 5 Crivelli Aisle - $599,000
5. 5 Cigliano Aisle - $619,900
6. 4951 Lori Ann - $695,000
15 Spicewood Way - $680,000 - still active, but dropped down on list
7. 13755 Typee Way - $699,000
8. 6 Tahoe - $699,900
9. 18 Foxglove Way - $729,000
14586 Sweetan - $799,000 - now a short sale and "on hold"
10. 4201 Williwaw Dr - $800,000
Thanks, and good luck, -IR2
The leading edge homes in terms of price/sqft for Irvine, over all price ranges in Irvine excluding short sales.
All are listed as active, maximum this week all the way down to $286.85/sqft. asking price.
1. 176 Pineview - $229,900
2. 80 Greenfield - $372,900
3. 128 Long Grass - $578,880
4. 5 Crivelli Aisle - $599,000
5. 5 Cigliano Aisle - $619,900
6. 4951 Lori Ann - $695,000
7. 13755 Typee Way - $699,000
8. 6 Tahoe - $699,900
9. 18 Foxglove Way - $729,000
10. 4201 Williwaw Dr - $800,000
Thanks, and good luck, -IR2
furious sugar_IHB
New member
Hi IR2- Does this list reflect the lowest $per sq ft price in Irvine? ie. the #1 house on the list is the lowest, etc? Also- did 46 Foxhill sell? I don't see it on Redfin anymore. Thanks!
IrvineRealtor_IHB
New member
furious sugar said:
These are the lowest price/sqft excluding short sales. These are listed in ascending order by price. You'll have to check each individually to see which one is lowest. Looking at them, I think I see that Pineview is lowest at $246.67/sqft. REO property (surprise) from BoNY also offering 3.5%.
46 Foxhill went for lease @ $3500/month. (P634092)
No_Such_Reality_IHB
New member
IrvineRealtor said:
Wow. For sale at $949,000 and they rented it for $3500...
The math boggles because as a rental multiplier, it was asking 40% too much assuming the generous 160X multiplier.
Double wow, double boggle. Redfin shows last sale at $1,030,000 in 2006. How do you rent it for $3500 when you bought it for a million? Just cutting the losses or pocketing the change and walking away? Can someone with ForeclosureRadar add this to a watch list?
furious sugar_IHB
New member
Thanks! I appreciate the info. Can I ask you another question (Off topic)? What's the deal with 8 Bitterwood in Woodbridge? The price seems really high to live next to Irvine Center Drive? Even with the recent reduction.
IrvineRealtor_IHB
New member
No_Such_Reality said:
While the purchase price was $1.03M, loans in 2006 started at $978,500. Perhaps the owners took a 5 year I/O ARM on this one at somewhere around 4.5% (I don't recall if that was available then, but I think it is at least possible.) The owners could take a $100K+ hit right now, or pay the difference between $3500 and ($3,669.38) monthly. $170/month sounds deceptively palatable, but you've got to add in taxes, insurance, HOA, maintenance, mgmt and vacancy. Still, it's going to buy some time, and not everyone is as bearish as those here at the blog. Time will tell.
IrvineRealtor_IHB
New member
furious sugar said:
I can't find anything on 8 Bitterwood. Sorry.
No_Such_Reality_IHB
New member
IrvineRealtor said:
Roll in the depreciation if you've got the income, palatable, but stressful. It'll be a long three years if the market stays soft.
IrvineRealtor_IHB
New member
IrvineRealtor said:
IrvineRealtor_IHB
New member
Updated for 8/2/08
The leading edge homes in terms of price/sqft for Irvine, over all price ranges in Irvine excluding short sales.
All are listed as active, minimum of $249.37/sqft and maximum this week at $290.35/sqft. asking price.
1. 189 Pineview - $349,000
2. 7 Skipper - $575,000
3. 128 Long Grass - $578,880
4. 5 Cigliano Aisle - $619,900
15 Spicewood Way - $680,000 - Expired without selling
5. 13755 Typee Way - $699,000
38 Potomac - $699,000 - Still active, but dropped off of the leaderboard this week.
6. 6 Tahoe - $699,900
7. 18 Foxglove Way - $729,000
8. 4201 Williwaw Dr - $800,000
9. 14 Easthaven - $925,000
10. 24 Tioga - $985,000
Thanks, and good luck, -IR2
The leading edge homes in terms of price/sqft for Irvine, over all price ranges in Irvine excluding short sales.
All are listed as active, minimum of $249.37/sqft and maximum this week at $290.35/sqft. asking price.
1. 189 Pineview - $349,000
2. 7 Skipper - $575,000
3. 128 Long Grass - $578,880
4. 5 Cigliano Aisle - $619,900
5. 13755 Typee Way - $699,000
6. 6 Tahoe - $699,900
7. 18 Foxglove Way - $729,000
8. 4201 Williwaw Dr - $800,000
9. 14 Easthaven - $925,000
10. 24 Tioga - $985,000
Thanks, and good luck, -IR2
IrvineRealtor_IHB
New member
Updated for 8/8/08
The leading edge homes in terms of price/sqft for Irvine, over all price ranges in Irvine excluding short sales.
All are listed as active, minimum of $259.10/sqft and maximum this week at $291.25/sqft. asking price.
1. 229 Pineview - $349,900
189 Pineview - $349,000 - On Hold
2. 7 Skipper - $575,000 - Featured today on the blog.
3. 128 Long Grass - $578,880
4. 5 Cigliano Aisle - $619,900
5. 15 Spicewood Way - $679,000
6. 18 Foxglove Way - $694,900
7. 13755 Typee Way - $699,000
8. 38 Potomac - $699,000
6 Tahoe - $699,900 - In Escrow
9. 4201 Williwaw Dr - $800,000
10. 14 Easthaven - $899,000
24 Tioga - $985,000 - In Escrow
Thanks, and good luck, -IR2
The leading edge homes in terms of price/sqft for Irvine, over all price ranges in Irvine excluding short sales.
All are listed as active, minimum of $259.10/sqft and maximum this week at $291.25/sqft. asking price.
1. 229 Pineview - $349,900
2. 7 Skipper - $575,000 - Featured today on the blog.
3. 128 Long Grass - $578,880
4. 5 Cigliano Aisle - $619,900
5. 15 Spicewood Way - $679,000
6. 18 Foxglove Way - $694,900
7. 13755 Typee Way - $699,000
8. 38 Potomac - $699,000
9. 4201 Williwaw Dr - $800,000
10. 14 Easthaven - $899,000
Thanks, and good luck, -IR2
Anonymous_IHB
New member
Thanks, that is an interesting list. Would be even better with some minimal data beside each entry (ex. # bed, # ba, sq. ft., SFR or condo).
IrvineRealtor_IHB
New member
IrvineRealtor said:
No_Such_Reality_IHB
New member
Wow, 7 Skipper is a low-priced leader? Any idea what it will go for? Investor buyer is very different than today's owner-buyer market.
I wrote a comment on the main blog. To me, it looks rental quality or pretty substantial capital input for someone to really want to own it.
I'll have to look how much gloss it would take to dress it closer to something an owner would want and hence snag a 160X mult.
I looked again. The rooms are clean. A little dated with the layout and low ceilings. The kitchen is the worse, I'd assume the non-pictured bathrooms much the same. If the bedrooms are small which is common for that era, then ...
A basic decent house, but probably not high on people's wish list.
I wrote a comment on the main blog. To me, it looks rental quality or pretty substantial capital input for someone to really want to own it.
I'll have to look how much gloss it would take to dress it closer to something an owner would want and hence snag a 160X mult.
I looked again. The rooms are clean. A little dated with the layout and low ceilings. The kitchen is the worse, I'd assume the non-pictured bathrooms much the same. If the bedrooms are small which is common for that era, then ...
A basic decent house, but probably not high on people's wish list.
IrvineRealtor_IHB
New member
Updated for 8/15/08
The leading edge homes in terms of price/sqft for Irvine, over all price ranges in Irvine excluding short sales.
All are listed as active, minimum of $246.77/sqft and maximum this week at $291.10/sqft. asking price.
Address - Low List Price - Use Code/Beds/Baths/Sqft
1. 229 Pineview - $349,900 - Condo/2/1.5/1202
2. 189 Pineview - $349,000 - Condo/2/1.5/1202
3. 7 Skipper - $575,000 - SFR/4/2.5/2000
4. 128 Long Grass - $578,880 - Condo/3/3.5/2106
5 Cigliano Aisle - $619,900 - Condo/4/2.5/2200 - In Escrow
5. 3952 Alamo - $648,500 - SFR/4/2.5/2628
6. 15 Spicewood Way - $679,000 - SFR/3/3/2365
7. 18 Foxglove Way - $694,900 - SFR/4/2.5/2682
8. 13755 Typee Way - $699,000 - SFR/5/3/2587
38 Potomac - $699,000 - SFR/3/3/2400 - Dropped off of the list by $0.15/sqft this week
9. 4201 Williwaw Dr - $800,000 - SFR/4/3/3058
10. 14 Easthaven - $899,000 - SFR/4/2.5/3200
Thanks, and good luck, -IR2
The leading edge homes in terms of price/sqft for Irvine, over all price ranges in Irvine excluding short sales.
All are listed as active, minimum of $246.77/sqft and maximum this week at $291.10/sqft. asking price.
Address - Low List Price - Use Code/Beds/Baths/Sqft
1. 229 Pineview - $349,900 - Condo/2/1.5/1202
2. 189 Pineview - $349,000 - Condo/2/1.5/1202
3. 7 Skipper - $575,000 - SFR/4/2.5/2000
4. 128 Long Grass - $578,880 - Condo/3/3.5/2106
5. 3952 Alamo - $648,500 - SFR/4/2.5/2628
6. 15 Spicewood Way - $679,000 - SFR/3/3/2365
7. 18 Foxglove Way - $694,900 - SFR/4/2.5/2682
8. 13755 Typee Way - $699,000 - SFR/5/3/2587
9. 4201 Williwaw Dr - $800,000 - SFR/4/3/3058
10. 14 Easthaven - $899,000 - SFR/4/2.5/3200
Thanks, and good luck, -IR2
ConsiderAgain_IHB
New member
Thanks for the list IrvineRealtor.
<rant>
A SFR does not have any “common walls”. A SFR is a house. If it has “common walls”, it is not a house, it is a duplex, condo or apartment.
-California frustration bubble here-
</rant>
<rant>
A SFR does not have any “common walls”. A SFR is a house. If it has “common walls”, it is not a house, it is a duplex, condo or apartment.
-California frustration bubble here-
</rant>
IrvineRealtor_IHB
New member
Updated for 8/29/08
The leading edge homes in terms of price/sqft for Irvine, over all price ranges in Irvine excluding short sales.
All are listed as active, minimum down to $234.84/sqft and maximum this week still at $291.10/sqft. asking price.
Address - Low List Price - Use Code/Beds/Baths/Sqft
1. 34 New Season - $339,900 Condo/2/2/1190
2. 229 Pineview - $349,900 - Condo/2/1.5/1202
189 Pineview - $349,000 - Condo/2/1.5/1202 - In Escrow
7 Skipper - $575,000 - SFR/4/2.5/2000 - In Escrow
128 Long Grass - $578,880 - Condo/3/3.5/2106 - In Escrow
3. 46 Honey Locust - $624,900 - Condo/3/2.5/2472
3952 Alamo - $648,500 - SFR/4/2.5/2628 - In Escrow
4. 15 Spicewood Way - $679,000 - SFR/3/3/2365
5. 13755 Typee Way - $669,000 - SFR/5/3/2587
6. 18 Foxglove Way - $694,900 - SFR/4/2.5/2682
7. 5 Oak Tree - $749,800 - SFR/4/2.5/2598
8. 14586 Sweetan - $799,000 - SFR/4/3.5/3071
9. 4201 Williwaw Dr - $800,000 - SFR/4/3/3058
10. 53 Legacy - $864,900 - SFR/5/3.5/3200
14 Easthaven - $899,000 - SFR/4/2.5/3200 - In Escrow
Thanks, and don't work to hard this weekend. Leave that to me.
-IR2
The leading edge homes in terms of price/sqft for Irvine, over all price ranges in Irvine excluding short sales.
All are listed as active, minimum down to $234.84/sqft and maximum this week still at $291.10/sqft. asking price.
Address - Low List Price - Use Code/Beds/Baths/Sqft
1. 34 New Season - $339,900 Condo/2/2/1190
2. 229 Pineview - $349,900 - Condo/2/1.5/1202
3. 46 Honey Locust - $624,900 - Condo/3/2.5/2472
4. 15 Spicewood Way - $679,000 - SFR/3/3/2365
5. 13755 Typee Way - $669,000 - SFR/5/3/2587
6. 18 Foxglove Way - $694,900 - SFR/4/2.5/2682
7. 5 Oak Tree - $749,800 - SFR/4/2.5/2598
8. 14586 Sweetan - $799,000 - SFR/4/3.5/3071
9. 4201 Williwaw Dr - $800,000 - SFR/4/3/3058
10. 53 Legacy - $864,900 - SFR/5/3.5/3200
Thanks, and don't work to hard this weekend. Leave that to me.
-IR2