North park flips… relatistic prices?

[blahblahblah]

[quote=jpinpb]I don’t think this is a flip. But thanks to the flippers boosting prices, home sellers are quite comfortable asking half a million for 1000sf in 92104. Not near the beach, but the lot size makes you think you are.
3544 Arnold[/quote]

I have no doubt they’ll get $500K for that. The only problems I see with it are the lack of parking and 1 bath. But that’s a nice street, very close to the park, it’s been fixed up — it will sell at a premium.

[sdrealtor]

I dont know. I havent done alot there lately but that seems high for the one on Arnold. Its not as good a location but I like the house on Jupiter better. Both seem 20% too high to me for the current market

[sdrealtor]

I dont know. I havent done alot there lately but that seems high for the one on Arnold. Its not as good a location but I like the house on Jupiter better. Both seem 20% too high to me for the current market

[sdrealtor]

I dont know. I havent done alot there lately but that seems high for the one on Arnold. Its not as good a location but I like the house on Jupiter better. Both seem 20% too high to me for the current market

[sdrealtor]

I dont know. I havent done alot there lately but that seems high for the one on Arnold. Its not as good a location but I like the house on Jupiter better. Both seem 20% too high to me for the current market

[sdrealtor]

I dont know. I havent done alot there lately but that seems high for the one on Arnold. Its not as good a location but I like the house on Jupiter better. Both seem 20% too high to me for the current market

[jpinpb]

Ok. I wasn’t going to post it, but I just can’t help it.

>4450 Illinois
Beds/Baths: 2 / 1, Est Square Feet:
722 sf
Sold 3/23/2010 for 160k, PPSF: $222

A little – very little (remember size is 722 sf) paint, a slab of granite, carpet and some “Low-maintenance/drought tolerant landscaping” (more like rocks, Charlie Brown) and voila’. New LP 369k, PPSF: $511.

Please tell me how it can even come close to appraising at that price so close to El Cajon Boulevard.

Next:
3705 Swift
sold for $110,000 (06/14/2010)in City Heights ghetto.

Beds/Baths: 2 / 1, Est Square Feet: 653 sf

A can of paint, a swatch of carpet, some cheap SS and there you have it. Now LP one month later, 199k.

[jpinpb]

Ok. I wasn’t going to post it, but I just can’t help it.

>4450 Illinois
Beds/Baths: 2 / 1, Est Square Feet:
722 sf
Sold 3/23/2010 for 160k, PPSF: $222

A little – very little (remember size is 722 sf) paint, a slab of granite, carpet and some “Low-maintenance/drought tolerant landscaping” (more like rocks, Charlie Brown) and voila’. New LP 369k, PPSF: $511.

Please tell me how it can even come close to appraising at that price so close to El Cajon Boulevard.

Next:
3705 Swift
sold for $110,000 (06/14/2010)in City Heights ghetto.

Beds/Baths: 2 / 1, Est Square Feet: 653 sf

A can of paint, a swatch of carpet, some cheap SS and there you have it. Now LP one month later, 199k.

[jpinpb]

Ok. I wasn’t going to post it, but I just can’t help it.

>4450 Illinois
Beds/Baths: 2 / 1, Est Square Feet:
722 sf
Sold 3/23/2010 for 160k, PPSF: $222

A little – very little (remember size is 722 sf) paint, a slab of granite, carpet and some “Low-maintenance/drought tolerant landscaping” (more like rocks, Charlie Brown) and voila’. New LP 369k, PPSF: $511.

Please tell me how it can even come close to appraising at that price so close to El Cajon Boulevard.

Next:
3705 Swift
sold for $110,000 (06/14/2010)in City Heights ghetto.

Beds/Baths: 2 / 1, Est Square Feet: 653 sf

A can of paint, a swatch of carpet, some cheap SS and there you have it. Now LP one month later, 199k.

[jpinpb]

Ok. I wasn’t going to post it, but I just can’t help it.

>4450 Illinois
Beds/Baths: 2 / 1, Est Square Feet:
722 sf
Sold 3/23/2010 for 160k, PPSF: $222

A little – very little (remember size is 722 sf) paint, a slab of granite, carpet and some “Low-maintenance/drought tolerant landscaping” (more like rocks, Charlie Brown) and voila’. New LP 369k, PPSF: $511.

Please tell me how it can even come close to appraising at that price so close to El Cajon Boulevard.

Next:
3705 Swift
sold for $110,000 (06/14/2010)in City Heights ghetto.

Beds/Baths: 2 / 1, Est Square Feet: 653 sf

A can of paint, a swatch of carpet, some cheap SS and there you have it. Now LP one month later, 199k.

[jpinpb]

Ok. I wasn’t going to post it, but I just can’t help it.

>4450 Illinois
Beds/Baths: 2 / 1, Est Square Feet:
722 sf
Sold 3/23/2010 for 160k, PPSF: $222

A little – very little (remember size is 722 sf) paint, a slab of granite, carpet and some “Low-maintenance/drought tolerant landscaping” (more like rocks, Charlie Brown) and voila’. New LP 369k, PPSF: $511.

Please tell me how it can even come close to appraising at that price so close to El Cajon Boulevard.

Next:
3705 Swift
sold for $110,000 (06/14/2010)in City Heights ghetto.

Beds/Baths: 2 / 1, Est Square Feet: 653 sf

A can of paint, a swatch of carpet, some cheap SS and there you have it. Now LP one month later, 199k.

[Ricechex]

OMG, on the Swift Ave house—back in early 2001, I was in escrow for the house next door, immediately north. Looked exactly the same, not redone of course. The foundation was completely uneven and unsafe and I backed out. Best thing I ever did. That street is horrible and a busy street right off the freeway. There is a huge ghetto complex right inbetween Swift and Nile. Lots of thugs come from there and burglarize. Oh, and that place was going for $135K. It was not worth it then, so I cannot see paying $200K for it now…..

[Ricechex]

OMG, on the Swift Ave house—back in early 2001, I was in escrow for the house next door, immediately north. Looked exactly the same, not redone of course. The foundation was completely uneven and unsafe and I backed out. Best thing I ever did. That street is horrible and a busy street right off the freeway. There is a huge ghetto complex right inbetween Swift and Nile. Lots of thugs come from there and burglarize. Oh, and that place was going for $135K. It was not worth it then, so I cannot see paying $200K for it now…..

[Ricechex]

OMG, on the Swift Ave house—back in early 2001, I was in escrow for the house next door, immediately north. Looked exactly the same, not redone of course. The foundation was completely uneven and unsafe and I backed out. Best thing I ever did. That street is horrible and a busy street right off the freeway. There is a huge ghetto complex right inbetween Swift and Nile. Lots of thugs come from there and burglarize. Oh, and that place was going for $135K. It was not worth it then, so I cannot see paying $200K for it now…..

[Ricechex]

OMG, on the Swift Ave house—back in early 2001, I was in escrow for the house next door, immediately north. Looked exactly the same, not redone of course. The foundation was completely uneven and unsafe and I backed out. Best thing I ever did. That street is horrible and a busy street right off the freeway. There is a huge ghetto complex right inbetween Swift and Nile. Lots of thugs come from there and burglarize. Oh, and that place was going for $135K. It was not worth it then, so I cannot see paying $200K for it now…..

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