Mira Mesa SFH for less than 300K

[andymajumder]

[quote=AN]That’s a great deal. Either they have inside connection or the buyer got really lucky. I’ve see worse place for well over that. I don’t think I’ve seen any 3/2 for less than $300k. It would definitely cash flow from day one if it doesn’t require too much repair. That’s the key point is, we don’t know what kind of repair is required. But just looking at the closings right now, this is definitely out of the norm. Similar houses (same floor plan in south west MM) are closing in the high 300s to low 400s depending on condition.[/quote]

Agree AN….some of these older homes may have issues which have played a role and reduced the price by 50 – 60K, like a cracked slab or a severe termite or plumbing issues, which we are not aware of…But if the house is move in ready which the pics suggest it might be, this is an awesome deal.

Looks like the last price reduction was on 06/14 and it closed today. I guess it can close this fast only if it’s a all cash transaction.

[DWCAP]

It was originally under contract in early 2009 for 270k if I rememeber right, then they were asking 355 when it fell outa escrow. Still a good deal and that is a good area in MM.

[DWCAP]

It was originally under contract in early 2009 for 270k if I rememeber right, then they were asking 355 when it fell outa escrow. Still a good deal and that is a good area in MM.

[DWCAP]

It was originally under contract in early 2009 for 270k if I rememeber right, then they were asking 355 when it fell outa escrow. Still a good deal and that is a good area in MM.

[DWCAP]

It was originally under contract in early 2009 for 270k if I rememeber right, then they were asking 355 when it fell outa escrow. Still a good deal and that is a good area in MM.

[DWCAP]

It was originally under contract in early 2009 for 270k if I rememeber right, then they were asking 355 when it fell outa escrow. Still a good deal and that is a good area in MM.

[an]

[quote=flu][quote=AN]That’s a great deal. Either they have inside connection or the buyer got really lucky. I’ve see worse place for well over that. I don’t think I’ve seen any 3/2 for less than $300k. It would definitely cash flow from day one if it doesn’t require too much repair. That’s the key point is, we don’t know what kind of repair is required. But just looking at the closings right now, this is definitely out of the norm. Similar houses (same floor plan in south west MM) are closing in the high 300s to low 400s depending on condition.[/quote]

It’s a 4 bedroom. I think location is decent too, no?[/quote]
Yes, the area is decent. I’m aware that it’s a 4/2. I was just trying to say that I don’t think I’ve even seen a 3/2 selling for less than $300k, so a 4/2 for less than $300k is one of a kind deal right now. 4/2 (1300-1400sq-ft) w/in this area goes for $370-410k right now, depending on condition. I wish I could have been part of this deal, if there’s no major repair needed. But as Andy points out, it closes quite quickly, so it probably was a cash deal.

[an]

[quote=flu][quote=AN]That’s a great deal. Either they have inside connection or the buyer got really lucky. I’ve see worse place for well over that. I don’t think I’ve seen any 3/2 for less than $300k. It would definitely cash flow from day one if it doesn’t require too much repair. That’s the key point is, we don’t know what kind of repair is required. But just looking at the closings right now, this is definitely out of the norm. Similar houses (same floor plan in south west MM) are closing in the high 300s to low 400s depending on condition.[/quote]

It’s a 4 bedroom. I think location is decent too, no?[/quote]
Yes, the area is decent. I’m aware that it’s a 4/2. I was just trying to say that I don’t think I’ve even seen a 3/2 selling for less than $300k, so a 4/2 for less than $300k is one of a kind deal right now. 4/2 (1300-1400sq-ft) w/in this area goes for $370-410k right now, depending on condition. I wish I could have been part of this deal, if there’s no major repair needed. But as Andy points out, it closes quite quickly, so it probably was a cash deal.

[an]

[quote=flu][quote=AN]That’s a great deal. Either they have inside connection or the buyer got really lucky. I’ve see worse place for well over that. I don’t think I’ve seen any 3/2 for less than $300k. It would definitely cash flow from day one if it doesn’t require too much repair. That’s the key point is, we don’t know what kind of repair is required. But just looking at the closings right now, this is definitely out of the norm. Similar houses (same floor plan in south west MM) are closing in the high 300s to low 400s depending on condition.[/quote]

It’s a 4 bedroom. I think location is decent too, no?[/quote]
Yes, the area is decent. I’m aware that it’s a 4/2. I was just trying to say that I don’t think I’ve even seen a 3/2 selling for less than $300k, so a 4/2 for less than $300k is one of a kind deal right now. 4/2 (1300-1400sq-ft) w/in this area goes for $370-410k right now, depending on condition. I wish I could have been part of this deal, if there’s no major repair needed. But as Andy points out, it closes quite quickly, so it probably was a cash deal.

[an]

[quote=flu][quote=AN]That’s a great deal. Either they have inside connection or the buyer got really lucky. I’ve see worse place for well over that. I don’t think I’ve seen any 3/2 for less than $300k. It would definitely cash flow from day one if it doesn’t require too much repair. That’s the key point is, we don’t know what kind of repair is required. But just looking at the closings right now, this is definitely out of the norm. Similar houses (same floor plan in south west MM) are closing in the high 300s to low 400s depending on condition.[/quote]

It’s a 4 bedroom. I think location is decent too, no?[/quote]
Yes, the area is decent. I’m aware that it’s a 4/2. I was just trying to say that I don’t think I’ve even seen a 3/2 selling for less than $300k, so a 4/2 for less than $300k is one of a kind deal right now. 4/2 (1300-1400sq-ft) w/in this area goes for $370-410k right now, depending on condition. I wish I could have been part of this deal, if there’s no major repair needed. But as Andy points out, it closes quite quickly, so it probably was a cash deal.

[an]

[quote=flu][quote=AN]That’s a great deal. Either they have inside connection or the buyer got really lucky. I’ve see worse place for well over that. I don’t think I’ve seen any 3/2 for less than $300k. It would definitely cash flow from day one if it doesn’t require too much repair. That’s the key point is, we don’t know what kind of repair is required. But just looking at the closings right now, this is definitely out of the norm. Similar houses (same floor plan in south west MM) are closing in the high 300s to low 400s depending on condition.[/quote]

It’s a 4 bedroom. I think location is decent too, no?[/quote]
Yes, the area is decent. I’m aware that it’s a 4/2. I was just trying to say that I don’t think I’ve even seen a 3/2 selling for less than $300k, so a 4/2 for less than $300k is one of a kind deal right now. 4/2 (1300-1400sq-ft) w/in this area goes for $370-410k right now, depending on condition. I wish I could have been part of this deal, if there’s no major repair needed. But as Andy points out, it closes quite quickly, so it probably was a cash deal.

[Coronita]

[quote=AN][quote=flu][quote=AN]That’s a great deal. Either they have inside connection or the buyer got really lucky. I’ve see worse place for well over that. I don’t think I’ve seen any 3/2 for less than $300k. It would definitely cash flow from day one if it doesn’t require too much repair. That’s the key point is, we don’t know what kind of repair is required. But just looking at the closings right now, this is definitely out of the norm. Similar houses (same floor plan in south west MM) are closing in the high 300s to low 400s depending on condition.[/quote]

It’s a 4 bedroom. I think location is decent too, no?[/quote]
Yes, the area is decent. I’m aware that it’s a 4/2. I was just trying to say that I don’t think I’ve even seen a 3/2 selling for less than $300k, so a 4/2 for less than $300k is one of a kind deal right now. 4/2 (1300-1400sq-ft) w/in this area goes for $370-410k right now, depending on condition. I wish I could have been part of this deal, if there’s no major repair needed. But as Andy points out, it closes quite quickly, so it probably was a cash deal.[/quote]

I knew you knew it was a 4bdrm. I meant to say, I didn’t realize it was a 4bd until I re-read your post….

I need to get on some bank’s “A” list or something.

GoshsfaS Damn, in my youthful days, I was excluded from all the popular folks parties. And now, I’m being excluded from the popular party too!!! (Probably because those same people that were in the “in crowd” back in my youthful days are now all Realtors :)…..

Agggggggggggh!

Sheesh…This is class warfare I tell you. The “haves” versus the “have nots”, and I hate being in the “have nots” category…..:)

Sincerely,

Disgruntled, depressed, lonely, and feeling sort of unpopular/unwanted enginerd, having serious flashback issues…

[Coronita]

[quote=AN][quote=flu][quote=AN]That’s a great deal. Either they have inside connection or the buyer got really lucky. I’ve see worse place for well over that. I don’t think I’ve seen any 3/2 for less than $300k. It would definitely cash flow from day one if it doesn’t require too much repair. That’s the key point is, we don’t know what kind of repair is required. But just looking at the closings right now, this is definitely out of the norm. Similar houses (same floor plan in south west MM) are closing in the high 300s to low 400s depending on condition.[/quote]

It’s a 4 bedroom. I think location is decent too, no?[/quote]
Yes, the area is decent. I’m aware that it’s a 4/2. I was just trying to say that I don’t think I’ve even seen a 3/2 selling for less than $300k, so a 4/2 for less than $300k is one of a kind deal right now. 4/2 (1300-1400sq-ft) w/in this area goes for $370-410k right now, depending on condition. I wish I could have been part of this deal, if there’s no major repair needed. But as Andy points out, it closes quite quickly, so it probably was a cash deal.[/quote]

I knew you knew it was a 4bdrm. I meant to say, I didn’t realize it was a 4bd until I re-read your post….

I need to get on some bank’s “A” list or something.

GoshsfaS Damn, in my youthful days, I was excluded from all the popular folks parties. And now, I’m being excluded from the popular party too!!! (Probably because those same people that were in the “in crowd” back in my youthful days are now all Realtors :)…..

Agggggggggggh!

Sheesh…This is class warfare I tell you. The “haves” versus the “have nots”, and I hate being in the “have nots” category…..:)

Sincerely,

Disgruntled, depressed, lonely, and feeling sort of unpopular/unwanted enginerd, having serious flashback issues…

[Coronita]

[quote=AN][quote=flu][quote=AN]That’s a great deal. Either they have inside connection or the buyer got really lucky. I’ve see worse place for well over that. I don’t think I’ve seen any 3/2 for less than $300k. It would definitely cash flow from day one if it doesn’t require too much repair. That’s the key point is, we don’t know what kind of repair is required. But just looking at the closings right now, this is definitely out of the norm. Similar houses (same floor plan in south west MM) are closing in the high 300s to low 400s depending on condition.[/quote]

It’s a 4 bedroom. I think location is decent too, no?[/quote]
Yes, the area is decent. I’m aware that it’s a 4/2. I was just trying to say that I don’t think I’ve even seen a 3/2 selling for less than $300k, so a 4/2 for less than $300k is one of a kind deal right now. 4/2 (1300-1400sq-ft) w/in this area goes for $370-410k right now, depending on condition. I wish I could have been part of this deal, if there’s no major repair needed. But as Andy points out, it closes quite quickly, so it probably was a cash deal.[/quote]

I knew you knew it was a 4bdrm. I meant to say, I didn’t realize it was a 4bd until I re-read your post….

I need to get on some bank’s “A” list or something.

GoshsfaS Damn, in my youthful days, I was excluded from all the popular folks parties. And now, I’m being excluded from the popular party too!!! (Probably because those same people that were in the “in crowd” back in my youthful days are now all Realtors :)…..

Agggggggggggh!

Sheesh…This is class warfare I tell you. The “haves” versus the “have nots”, and I hate being in the “have nots” category…..:)

Sincerely,

Disgruntled, depressed, lonely, and feeling sort of unpopular/unwanted enginerd, having serious flashback issues…

[Coronita]

[quote=AN][quote=flu][quote=AN]That’s a great deal. Either they have inside connection or the buyer got really lucky. I’ve see worse place for well over that. I don’t think I’ve seen any 3/2 for less than $300k. It would definitely cash flow from day one if it doesn’t require too much repair. That’s the key point is, we don’t know what kind of repair is required. But just looking at the closings right now, this is definitely out of the norm. Similar houses (same floor plan in south west MM) are closing in the high 300s to low 400s depending on condition.[/quote]

It’s a 4 bedroom. I think location is decent too, no?[/quote]
Yes, the area is decent. I’m aware that it’s a 4/2. I was just trying to say that I don’t think I’ve even seen a 3/2 selling for less than $300k, so a 4/2 for less than $300k is one of a kind deal right now. 4/2 (1300-1400sq-ft) w/in this area goes for $370-410k right now, depending on condition. I wish I could have been part of this deal, if there’s no major repair needed. But as Andy points out, it closes quite quickly, so it probably was a cash deal.[/quote]

I knew you knew it was a 4bdrm. I meant to say, I didn’t realize it was a 4bd until I re-read your post….

I need to get on some bank’s “A” list or something.

GoshsfaS Damn, in my youthful days, I was excluded from all the popular folks parties. And now, I’m being excluded from the popular party too!!! (Probably because those same people that were in the “in crowd” back in my youthful days are now all Realtors :)…..

Agggggggggggh!

Sheesh…This is class warfare I tell you. The “haves” versus the “have nots”, and I hate being in the “have nots” category…..:)

Sincerely,

Disgruntled, depressed, lonely, and feeling sort of unpopular/unwanted enginerd, having serious flashback issues…

[Author]

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