[quote=sdrealtor]Good response by UCGal and this one doesnt bother me much like the one story ocean view home we saw on Camphor. There arent a lot of buyers for a house like this. It’s a bloated mcmansion with only 4 bedrooms that backs up to a busy street. Almost every house on that side of the street has struggled to sell from the day they were new through the short sale and foreclosure of almost everyone. Now the 1 story ocean view house on Camphor was a whole different matter because that was truly a unique and desreable property. This one is simply a pig.[/quote]
this house is actually on the side of the street with a downward slope backing to residential areas. the most recent comp of 850k is on the side of the street backing to a busy street (that comp back in the peak years actually went for $1.2 million, $100k less than the subject property during the peak). there’s another comp in the same neighborhood couple of months ago closing just north of 900k.
on the same side of the street another home with the same sqft is contingent for $890k.
no matter how much of a pig this may be, a $680k pig it is not. maybe the owners are desparate and the realtor in this case is jumping at this opportunity. or maybe just an attempt to forestall foreclosure. either way, there’s something fishy going on.
