$1,500,000 Loss?

[XBoxBoy]

Wondering if any of you guys with access to the mls or other sophisticated databases can verify if this is what it looks like.

1560 Soledad Ave, La Jolla, CA 92037

Sold 2/1/2005 for $8,000,000

Just sold 6/28/2007 for $6,452,000

That would be, ummmm… let’s see, lots of big numbers…. umm a $1,548,000 loss. How cow! That’s a lot of smackers!

Is this legit?

This is where I found the numbers I’m using above,

http://www.sdlookup.com/Property-C117BDF8-1560_Soledad_Ave_La_Jolla_CA_92037

XBoxBoy

[Arraya]

Wow… That seems to be correct. Even more interesting is the seller is a famous author or at least has the name of one.

[Arraya]

Wow… That seems to be correct. Even more interesting is the seller is a famous author or at least has the name of one.

[Arraya]

Wow… That seems to be correct. Even more interesting is the seller is a famous author or at least has the name of one.

[temeculaguy]

It is also getting dangerously close to the 2001 price, I try not to use the really big stuff to make broad comparisons, too much monopoly money at play.

[temeculaguy]

It is also getting dangerously close to the 2001 price, I try not to use the really big stuff to make broad comparisons, too much monopoly money at play.

[temeculaguy]

It is also getting dangerously close to the 2001 price, I try not to use the really big stuff to make broad comparisons, too much monopoly money at play.

[Ozzie]

Yes, that was Anne Rice’s place. There was an article in the UT when she bought the place a few years ago. 11,000 sq feet seems kind of large for one person doesn’t it?

You’d be surprised how many celebrities lose big money on real esate even during boom times. I believe Scottie Pippen from the NBA took a huge loss recently in Portland and that area is stil doing well and he had it for 4 or 5 years. The LA Times has a celebrity writeup every Sunday of their RE section and they usually list what they bought and sold for. Courtney Cox from Friends fame buys houses, renovates and flips for huge profits. She seems to know what she’s doing. I’m still wondering how David Arquette snagged her.

[Ozzie]

Yes, that was Anne Rice’s place. There was an article in the UT when she bought the place a few years ago. 11,000 sq feet seems kind of large for one person doesn’t it?

You’d be surprised how many celebrities lose big money on real esate even during boom times. I believe Scottie Pippen from the NBA took a huge loss recently in Portland and that area is stil doing well and he had it for 4 or 5 years. The LA Times has a celebrity writeup every Sunday of their RE section and they usually list what they bought and sold for. Courtney Cox from Friends fame buys houses, renovates and flips for huge profits. She seems to know what she’s doing. I’m still wondering how David Arquette snagged her.

[Ozzie]

Yes, that was Anne Rice’s place. There was an article in the UT when she bought the place a few years ago. 11,000 sq feet seems kind of large for one person doesn’t it?

You’d be surprised how many celebrities lose big money on real esate even during boom times. I believe Scottie Pippen from the NBA took a huge loss recently in Portland and that area is stil doing well and he had it for 4 or 5 years. The LA Times has a celebrity writeup every Sunday of their RE section and they usually list what they bought and sold for. Courtney Cox from Friends fame buys houses, renovates and flips for huge profits. She seems to know what she’s doing. I’m still wondering how David Arquette snagged her.

[pencilneck]

Perhaps he’s a vampire.

[pencilneck]

Perhaps he’s a vampire.

[pencilneck]

Perhaps he’s a vampire.

[Author]

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