Del Cerro View Homes

[macmichael]

“Koolaid drinking Realtard lists her own house.” What has she been toking? I couldn’t help but comment on this one.

5918 Madra 3102 sq ft bought 7/05 for $ 799 just listed for get this $ 1.3 – $ 1.375 M. Most expensive listing in DC.

Remodeled yes, probably put in about $ 200K maybe 250K, maybe less because apparently hubby is in contracting. So lets say cost basis is $ 1.0 M and they have enjoyed living in it for about 1 1/2 years after the remodel so there is some wear and tear.

Now as we all know houses have declined in value even in DC. So lets say today in original condition it would go for $ 725 – $ 750. Then add in the remodel and reduce for wear. Maybe $ 950 – 1.0 M. Even $ 1.025 – 1.05 pushing it, but $ 1.3m +. Talk about delusional and wanting to make profit.

For those familiar with DC and compared to houses on Norman, Dwayne, Overlook streets. What is she thinking. Her house is on the worst part of Madra, not far from the REO special at 5825 Madra, but luckily on the opposite side. Oh well lets wish her the best.

[poway_seller]

6310 Dwane just closed at $1,725,000. Four other places in 92120 went pending since Thursday, and a new listing today – 5918 Madra at $1.3m! (seller who is also an agent paid $799,000 in mid-2005). If they get anywhere NEAR asking price for this property I will be utterly SHOCKED.

[poway_seller]

6310 Dwane just closed at $1,725,000. Four other places in 92120 went pending since Thursday, and a new listing today – 5918 Madra at $1.3m! (seller who is also an agent paid $799,000 in mid-2005). If they get anywhere NEAR asking price for this property I will be utterly SHOCKED.

[poway_seller]

6310 Dwane just closed at $1,725,000. Four other places in 92120 went pending since Thursday, and a new listing today – 5918 Madra at $1.3m! (seller who is also an agent paid $799,000 in mid-2005). If they get anywhere NEAR asking price for this property I will be utterly SHOCKED.

[poway_seller]

6310 Dwane just closed at $1,725,000. Four other places in 92120 went pending since Thursday, and a new listing today – 5918 Madra at $1.3m! (seller who is also an agent paid $799,000 in mid-2005). If they get anywhere NEAR asking price for this property I will be utterly SHOCKED.

[poway_seller]

6310 Dwane just closed at $1,725,000. Four other places in 92120 went pending since Thursday, and a new listing today – 5918 Madra at $1.3m! (seller who is also an agent paid $799,000 in mid-2005). If they get anywhere NEAR asking price for this property I will be utterly SHOCKED.

[David J]

5915 is back with a new agent. The old agent seemed to be trying every trick in the book, seems like the property had a dozen rumored offers, yet here it is again as a brand new listing at $592,200. I might not understand how this all works though.

[David J]

5915 is back with a new agent. The old agent seemed to be trying every trick in the book, seems like the property had a dozen rumored offers, yet here it is again as a brand new listing at $592,200. I might not understand how this all works though.

[David J]

5915 is back with a new agent. The old agent seemed to be trying every trick in the book, seems like the property had a dozen rumored offers, yet here it is again as a brand new listing at $592,200. I might not understand how this all works though.

[David J]

5915 is back with a new agent. The old agent seemed to be trying every trick in the book, seems like the property had a dozen rumored offers, yet here it is again as a brand new listing at $592,200. I might not understand how this all works though.

[David J]

5915 is back with a new agent. The old agent seemed to be trying every trick in the book, seems like the property had a dozen rumored offers, yet here it is again as a brand new listing at $592,200. I might not understand how this all works though.

[poway_seller]

The new $420-$443 (‘value range’ priced) per square foot place on Madra had an open house on Sunday. They had signs up for it all week, and by all measures it was a successful Open House…. if your measurement is traffic. We went by at around 3pm and within the 10 minutes we were in the house, another 8 groups had come through.

I guess being on a very busy street helps with open house foot traffic!

Now if they get a bite on it on anything above $1M, that will be a shocker. If they really want to sell it, they better look to lower the price substantially right away before the summer buying frenzy slows down… COMPS in the area are 30%+ below their asking price.

On top of the ‘mad’ price, they had a pianist playing throughout the Open House… it was a bit 2005…. meanwhile the husband/contractor/homeowner was hawking his company’s services with flyers on the kitchen table.

Open House Score:
– Showability “A-” (street is too busy, but house shows well, claim it as “single level” but one must climb many stairs to get to the first/main level)
– Upgrades “A-” (mostly well done, but oddly placed arched doors and lack of use of slabs on some counters)
– Carpet “C” (looks like they bought it at a remnants sale)
– Asking Price for Value “D” (30%+ overpriced)
– Community “A” (central, great schools, views)

[poway_seller]

The new $420-$443 (‘value range’ priced) per square foot place on Madra had an open house on Sunday. They had signs up for it all week, and by all measures it was a successful Open House…. if your measurement is traffic. We went by at around 3pm and within the 10 minutes we were in the house, another 8 groups had come through.

I guess being on a very busy street helps with open house foot traffic!

Now if they get a bite on it on anything above $1M, that will be a shocker. If they really want to sell it, they better look to lower the price substantially right away before the summer buying frenzy slows down… COMPS in the area are 30%+ below their asking price.

On top of the ‘mad’ price, they had a pianist playing throughout the Open House… it was a bit 2005…. meanwhile the husband/contractor/homeowner was hawking his company’s services with flyers on the kitchen table.

Open House Score:
– Showability “A-” (street is too busy, but house shows well, claim it as “single level” but one must climb many stairs to get to the first/main level)
– Upgrades “A-” (mostly well done, but oddly placed arched doors and lack of use of slabs on some counters)
– Carpet “C” (looks like they bought it at a remnants sale)
– Asking Price for Value “D” (30%+ overpriced)
– Community “A” (central, great schools, views)

[poway_seller]

The new $420-$443 (‘value range’ priced) per square foot place on Madra had an open house on Sunday. They had signs up for it all week, and by all measures it was a successful Open House…. if your measurement is traffic. We went by at around 3pm and within the 10 minutes we were in the house, another 8 groups had come through.

I guess being on a very busy street helps with open house foot traffic!

Now if they get a bite on it on anything above $1M, that will be a shocker. If they really want to sell it, they better look to lower the price substantially right away before the summer buying frenzy slows down… COMPS in the area are 30%+ below their asking price.

On top of the ‘mad’ price, they had a pianist playing throughout the Open House… it was a bit 2005…. meanwhile the husband/contractor/homeowner was hawking his company’s services with flyers on the kitchen table.

Open House Score:
– Showability “A-” (street is too busy, but house shows well, claim it as “single level” but one must climb many stairs to get to the first/main level)
– Upgrades “A-” (mostly well done, but oddly placed arched doors and lack of use of slabs on some counters)
– Carpet “C” (looks like they bought it at a remnants sale)
– Asking Price for Value “D” (30%+ overpriced)
– Community “A” (central, great schools, views)

[poway_seller]

The new $420-$443 (‘value range’ priced) per square foot place on Madra had an open house on Sunday. They had signs up for it all week, and by all measures it was a successful Open House…. if your measurement is traffic. We went by at around 3pm and within the 10 minutes we were in the house, another 8 groups had come through.

I guess being on a very busy street helps with open house foot traffic!

Now if they get a bite on it on anything above $1M, that will be a shocker. If they really want to sell it, they better look to lower the price substantially right away before the summer buying frenzy slows down… COMPS in the area are 30%+ below their asking price.

On top of the ‘mad’ price, they had a pianist playing throughout the Open House… it was a bit 2005…. meanwhile the husband/contractor/homeowner was hawking his company’s services with flyers on the kitchen table.

Open House Score:
– Showability “A-” (street is too busy, but house shows well, claim it as “single level” but one must climb many stairs to get to the first/main level)
– Upgrades “A-” (mostly well done, but oddly placed arched doors and lack of use of slabs on some counters)
– Carpet “C” (looks like they bought it at a remnants sale)
– Asking Price for Value “D” (30%+ overpriced)
– Community “A” (central, great schools, views)

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