Of note on this listing… from the remarks: Bank owned detached patio home in windemere- la jolla. Major foundation issues. Spectacular view of rose canyon, open floor plan, unlimited potential.[/quote]
Thank you for that, UCGal, I think AN is trying to compare apples to oranges when comparing MH and LJ to MM here. In addition, he brought up a highly upgraded comp in 92109 to compare to MM. They’re all different animals.
[quote=AN]Wow, someone actually paid $944k for a house that was sold for $204k in 1985? This house was sold for $212k in 1985:
and in 2005, it only got up to $770k. So, whoever bought that house for $944k must be on crack.[/quote]
What AN is referring to here was obviously a nondescript tract home when purchased in 1985 for $212K. It had a LOT of $$ invested in it prior to the pics being taken for the above listing on SDL.
No offense to AN, but MM is not even in the same league as MH and LJ (and I was probably scraping acoustical ceiling for a friend on “Capricorn Wy” in MM before AN was born … lol). His comp in 92009, although upgraded, is a tract home where the vast majority of homes in 92103 and 92106 are custom. 92037 is 2/3 custom and 1/3 tract. Virtually ALL the homes in MM are built on tract.
