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November 3, 2007 at 11:16 PM #10806November 3, 2007 at 11:19 PM #95271SD RealtorParticipant
Plenty more to come!
SD Realtor
November 3, 2007 at 11:19 PM #95343SD RealtorParticipantPlenty more to come!
SD Realtor
November 3, 2007 at 11:19 PM #95336SD RealtorParticipantPlenty more to come!
SD Realtor
November 3, 2007 at 11:19 PM #95328SD RealtorParticipantPlenty more to come!
SD Realtor
November 3, 2007 at 11:37 PM #95338djrobsdParticipantIt seems to me like most of these homes are missing the appliances and even the upper kitchen cabinets. What gives with that? Was the seller that pissed at the bank that they stripped the home, or were they going to remodel it and ran out of money?
Looks like the ones in Poway are all in beautiful areas that are fire hazards.
November 3, 2007 at 11:37 PM #95354djrobsdParticipantIt seems to me like most of these homes are missing the appliances and even the upper kitchen cabinets. What gives with that? Was the seller that pissed at the bank that they stripped the home, or were they going to remodel it and ran out of money?
Looks like the ones in Poway are all in beautiful areas that are fire hazards.
November 3, 2007 at 11:37 PM #95348djrobsdParticipantIt seems to me like most of these homes are missing the appliances and even the upper kitchen cabinets. What gives with that? Was the seller that pissed at the bank that they stripped the home, or were they going to remodel it and ran out of money?
Looks like the ones in Poway are all in beautiful areas that are fire hazards.
November 3, 2007 at 11:37 PM #95282djrobsdParticipantIt seems to me like most of these homes are missing the appliances and even the upper kitchen cabinets. What gives with that? Was the seller that pissed at the bank that they stripped the home, or were they going to remodel it and ran out of money?
Looks like the ones in Poway are all in beautiful areas that are fire hazards.
November 4, 2007 at 12:48 AM #95307EugeneParticipantLooks like the ones in Poway are all in beautiful areas that are fire hazards.
Actually only the one on High Pine is in a fire hazard area, the other two are in central Poway with no undeveloped land nearby.
for the house on High Pine St, $231/sq ft is suspiciously low given that two houses on the same street sold for $298 and $357 in the past two months. Either the footage is overstated (most neighbor houses are 1200 sq ft) or there’s something wrong with the house. Or both.
The one on Robison is across the street from an apartment/condo complex. Having strangers parking next to your curb every day can’t be good for resale values.
November 4, 2007 at 12:48 AM #95361EugeneParticipantLooks like the ones in Poway are all in beautiful areas that are fire hazards.
Actually only the one on High Pine is in a fire hazard area, the other two are in central Poway with no undeveloped land nearby.
for the house on High Pine St, $231/sq ft is suspiciously low given that two houses on the same street sold for $298 and $357 in the past two months. Either the footage is overstated (most neighbor houses are 1200 sq ft) or there’s something wrong with the house. Or both.
The one on Robison is across the street from an apartment/condo complex. Having strangers parking next to your curb every day can’t be good for resale values.
November 4, 2007 at 12:48 AM #95371EugeneParticipantLooks like the ones in Poway are all in beautiful areas that are fire hazards.
Actually only the one on High Pine is in a fire hazard area, the other two are in central Poway with no undeveloped land nearby.
for the house on High Pine St, $231/sq ft is suspiciously low given that two houses on the same street sold for $298 and $357 in the past two months. Either the footage is overstated (most neighbor houses are 1200 sq ft) or there’s something wrong with the house. Or both.
The one on Robison is across the street from an apartment/condo complex. Having strangers parking next to your curb every day can’t be good for resale values.
November 4, 2007 at 12:48 AM #95380EugeneParticipantLooks like the ones in Poway are all in beautiful areas that are fire hazards.
Actually only the one on High Pine is in a fire hazard area, the other two are in central Poway with no undeveloped land nearby.
for the house on High Pine St, $231/sq ft is suspiciously low given that two houses on the same street sold for $298 and $357 in the past two months. Either the footage is overstated (most neighbor houses are 1200 sq ft) or there’s something wrong with the house. Or both.
The one on Robison is across the street from an apartment/condo complex. Having strangers parking next to your curb every day can’t be good for resale values.
November 4, 2007 at 1:49 AM #95383EugeneParticipantinteresting how Zillow is waaay off on each one of these properties.
Poway/High Pine: listed for 360k, zestimate 479k
Poway/Glenoak: listed for 400k, zestimate 549k
Poway/Robison: listed for 435k, zestimate 565k
Escondido/Mission: listed for 335k, zestimate 518k (!)
Escondido/Hayden: listed for 370k, zestimate 570k
Escondido/Jet: listed for 515k, zestimate 712kthe Jet Place is a great example of a bubble burst. 13 new McMansions built in 2004, 2500-3000 sq. ft, two stories, granite countertops, etc. Sold originally in 2005 for around 690k.
03/2007: 757 Jet Pl is foreclosed and becomes a REO. Bank lists it for 600k.
06/2007: owners of 710 Jet Pl default on both their mortgages. Foreclosure is cancelled.
07/2007: 757 Jet Pl is lowered to 571k.
08/2007: 757 Jet Pl is lowered to 542k. Still no buyers.
09/2007: 707 Jet Pl is foreclosed and becomes a REO.
10/2007: 707 Jet Pl is listed for 515k.
10/2007: 748 Jet Pl is foreclosed.This is clearly not the end of the story. To keep things interesting, Lennar just slashed prices on new houses in its Eureka Springs complex (not far from Jet Pl). 2750 sq ft houses are now being offered for 515k.
November 4, 2007 at 1:49 AM #95311EugeneParticipantinteresting how Zillow is waaay off on each one of these properties.
Poway/High Pine: listed for 360k, zestimate 479k
Poway/Glenoak: listed for 400k, zestimate 549k
Poway/Robison: listed for 435k, zestimate 565k
Escondido/Mission: listed for 335k, zestimate 518k (!)
Escondido/Hayden: listed for 370k, zestimate 570k
Escondido/Jet: listed for 515k, zestimate 712kthe Jet Place is a great example of a bubble burst. 13 new McMansions built in 2004, 2500-3000 sq. ft, two stories, granite countertops, etc. Sold originally in 2005 for around 690k.
03/2007: 757 Jet Pl is foreclosed and becomes a REO. Bank lists it for 600k.
06/2007: owners of 710 Jet Pl default on both their mortgages. Foreclosure is cancelled.
07/2007: 757 Jet Pl is lowered to 571k.
08/2007: 757 Jet Pl is lowered to 542k. Still no buyers.
09/2007: 707 Jet Pl is foreclosed and becomes a REO.
10/2007: 707 Jet Pl is listed for 515k.
10/2007: 748 Jet Pl is foreclosed.This is clearly not the end of the story. To keep things interesting, Lennar just slashed prices on new houses in its Eureka Springs complex (not far from Jet Pl). 2750 sq ft houses are now being offered for 515k.
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