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  • April 6, 2011 at 9:58 AM #18703
    ninaprincess
    Participant

    http://www.sdlookup.com/MLS-110019586-11318_Porreca_Point_San_Diego_CA_92126

    06/23/2005 Sold $755,000

    It might sells higher than the listing price but this is crazy. The worst I have seen for this part of MM.

    April 6, 2011 at 10:15 AM #684018
    taz
    Participant

    What’s crazy is that it ever sold for $755,000 in the first place…

    April 6, 2011 at 10:15 AM #684698
    taz
    Participant

    What’s crazy is that it ever sold for $755,000 in the first place…

    April 6, 2011 at 10:15 AM #684840
    taz
    Participant

    What’s crazy is that it ever sold for $755,000 in the first place…

    April 6, 2011 at 10:15 AM #685191
    taz
    Participant

    What’s crazy is that it ever sold for $755,000 in the first place…

    April 6, 2011 at 10:15 AM #684069
    taz
    Participant

    What’s crazy is that it ever sold for $755,000 in the first place…

    April 6, 2011 at 10:45 AM #684023
    ninaprincess
    Participant

    With 10% down (at the time) and borrowing $680k and at 6% rate, payment = $4,075 + $690 tax + $260 PMI. Ouch.

    The original 10% down payment is $75,500 which is about the same as a 20% ($90,000) down payment now after inflation. so if someone buying this at $450k will need to borrow $360k, and with 5% interest rate. Payment = $1933 + $415 tax = $2,348. This is less than half the previous owner payment.

    Wow

    [quote=taz]What’s crazy is that it ever sold for $755,000 in the first place…[/quote]

    April 6, 2011 at 10:45 AM #684845
    ninaprincess
    Participant

    With 10% down (at the time) and borrowing $680k and at 6% rate, payment = $4,075 + $690 tax + $260 PMI. Ouch.

    The original 10% down payment is $75,500 which is about the same as a 20% ($90,000) down payment now after inflation. so if someone buying this at $450k will need to borrow $360k, and with 5% interest rate. Payment = $1933 + $415 tax = $2,348. This is less than half the previous owner payment.

    Wow

    [quote=taz]What’s crazy is that it ever sold for $755,000 in the first place…[/quote]

    April 6, 2011 at 10:45 AM #684703
    ninaprincess
    Participant

    With 10% down (at the time) and borrowing $680k and at 6% rate, payment = $4,075 + $690 tax + $260 PMI. Ouch.

    The original 10% down payment is $75,500 which is about the same as a 20% ($90,000) down payment now after inflation. so if someone buying this at $450k will need to borrow $360k, and with 5% interest rate. Payment = $1933 + $415 tax = $2,348. This is less than half the previous owner payment.

    Wow

    [quote=taz]What’s crazy is that it ever sold for $755,000 in the first place…[/quote]

    April 6, 2011 at 10:45 AM #684074
    ninaprincess
    Participant

    With 10% down (at the time) and borrowing $680k and at 6% rate, payment = $4,075 + $690 tax + $260 PMI. Ouch.

    The original 10% down payment is $75,500 which is about the same as a 20% ($90,000) down payment now after inflation. so if someone buying this at $450k will need to borrow $360k, and with 5% interest rate. Payment = $1933 + $415 tax = $2,348. This is less than half the previous owner payment.

    Wow

    [quote=taz]What’s crazy is that it ever sold for $755,000 in the first place…[/quote]

    April 6, 2011 at 10:45 AM #685196
    ninaprincess
    Participant

    With 10% down (at the time) and borrowing $680k and at 6% rate, payment = $4,075 + $690 tax + $260 PMI. Ouch.

    The original 10% down payment is $75,500 which is about the same as a 20% ($90,000) down payment now after inflation. so if someone buying this at $450k will need to borrow $360k, and with 5% interest rate. Payment = $1933 + $415 tax = $2,348. This is less than half the previous owner payment.

    Wow

    [quote=taz]What’s crazy is that it ever sold for $755,000 in the first place…[/quote]

    April 6, 2011 at 11:13 AM #684718
    Wah-Wah
    Participant

    [quote=taz]What’s crazy is that it ever sold for $755,000 in the first place…[/quote]

    you got to look at the sale history to appreciate the madness 😉

    Apr 04, 2011 Listed $446,900
    Dec 13, 2010 reo $508,000
    Jun 23, 2005 Sold $755,000
    Feb 27, 1998 Sold $262,000
    Aug 14, 1992 Sold $223,000

    question to all Piggs… what do you think the fair market price should be?

    April 6, 2011 at 11:13 AM #684860
    Wah-Wah
    Participant

    [quote=taz]What’s crazy is that it ever sold for $755,000 in the first place…[/quote]

    you got to look at the sale history to appreciate the madness 😉

    Apr 04, 2011 Listed $446,900
    Dec 13, 2010 reo $508,000
    Jun 23, 2005 Sold $755,000
    Feb 27, 1998 Sold $262,000
    Aug 14, 1992 Sold $223,000

    question to all Piggs… what do you think the fair market price should be?

    April 6, 2011 at 11:13 AM #684038
    Wah-Wah
    Participant

    [quote=taz]What’s crazy is that it ever sold for $755,000 in the first place…[/quote]

    you got to look at the sale history to appreciate the madness 😉

    Apr 04, 2011 Listed $446,900
    Dec 13, 2010 reo $508,000
    Jun 23, 2005 Sold $755,000
    Feb 27, 1998 Sold $262,000
    Aug 14, 1992 Sold $223,000

    question to all Piggs… what do you think the fair market price should be?

    April 6, 2011 at 11:13 AM #685211
    Wah-Wah
    Participant

    [quote=taz]What’s crazy is that it ever sold for $755,000 in the first place…[/quote]

    you got to look at the sale history to appreciate the madness 😉

    Apr 04, 2011 Listed $446,900
    Dec 13, 2010 reo $508,000
    Jun 23, 2005 Sold $755,000
    Feb 27, 1998 Sold $262,000
    Aug 14, 1992 Sold $223,000

    question to all Piggs… what do you think the fair market price should be?

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