Perhaps banks are finally lowering prices on REOs?

[temeculaguy]

It wasn’t on redfin but there was a cool little house on the same street.

http://www.redfin.com/stingray/do/printable-listing?listing-id=739279

Too many safety issues for me though. I would certainly smash the glass panes behind the desk when I get out of the chair, I know I would use the bedroom fireplace, kick the covers off in the night and light the house on fire and I drink a lot so I’m sure i would fall in the pool coming out of the garage door, head my head and drown. But it looks cool.

[JC]

If you create a log-in @ http://www.sandiego-mls.com/index.html you can see this listing.

The home does look beautiful and is on a huge lot, but as another poster noted it is very close to the 15. Also, it close to Kensington, but it is still Normal Heights.

So, I guess I am confused as how this commands such a premium? Is the idea that the land could be developed further? Or, am I missing some other obvious factors?

Thank you.

[JC]

If you create a log-in @ http://www.sandiego-mls.com/index.html you can see this listing.

The home does look beautiful and is on a huge lot, but as another poster noted it is very close to the 15. Also, it close to Kensington, but it is still Normal Heights.

So, I guess I am confused as how this commands such a premium? Is the idea that the land could be developed further? Or, am I missing some other obvious factors?

Thank you.

[JC]

If you create a log-in @ http://www.sandiego-mls.com/index.html you can see this listing.

The home does look beautiful and is on a huge lot, but as another poster noted it is very close to the 15. Also, it close to Kensington, but it is still Normal Heights.

So, I guess I am confused as how this commands such a premium? Is the idea that the land could be developed further? Or, am I missing some other obvious factors?

Thank you.

[DCRogers]

Re: 3515 SYDNEY PL

To heck with safety, having a neighbor with that overlook into the backyard pool kills any chance of skinny-dipping without an audience…

(As for safety, the bedroom fireplace is an accident waiting to happen, I must admit. But a selling point for those with a partner with cold feet!)

[DCRogers]

Re: 3515 SYDNEY PL

To heck with safety, having a neighbor with that overlook into the backyard pool kills any chance of skinny-dipping without an audience…

(As for safety, the bedroom fireplace is an accident waiting to happen, I must admit. But a selling point for those with a partner with cold feet!)

[DCRogers]

Re: 3515 SYDNEY PL

To heck with safety, having a neighbor with that overlook into the backyard pool kills any chance of skinny-dipping without an audience…

(As for safety, the bedroom fireplace is an accident waiting to happen, I must admit. But a selling point for those with a partner with cold feet!)

[SD Realtor]

I know this area.

Not the side of 15 that you want to be on. You want to be in Kensington, not Normal Heights. The home backs up to the freeway bigtime. To me the price reduction is nice to see but the 1.2M previous sales price was an incredible joke. It will be interesting to see what it goes for.

SD Realtor

[SD Realtor]

I know this area.

Not the side of 15 that you want to be on. You want to be in Kensington, not Normal Heights. The home backs up to the freeway bigtime. To me the price reduction is nice to see but the 1.2M previous sales price was an incredible joke. It will be interesting to see what it goes for.

SD Realtor

[SD Realtor]

I know this area.

Not the side of 15 that you want to be on. You want to be in Kensington, not Normal Heights. The home backs up to the freeway bigtime. To me the price reduction is nice to see but the 1.2M previous sales price was an incredible joke. It will be interesting to see what it goes for.

SD Realtor

[meadandale]

http://roachfiend.com/archives/2005/02/07/bugmenot/

Bug me not to the rescue!

Works like a champ.

[meadandale]

http://roachfiend.com/archives/2005/02/07/bugmenot/

Bug me not to the rescue!

Works like a champ.

[meadandale]

http://roachfiend.com/archives/2005/02/07/bugmenot/

Bug me not to the rescue!

Works like a champ.

[Arraya]

Speaking of banks lowering prices….

Here is on I found this morning, it may be the first 50% off peak sighting.

Downtown of course.

702 Ash St #205
San Diego, CA 92101
General Info
Location: San Diego > Downtown
Neighborhood: Cortez Hill
Community: El Cortez
Zoning: Special And/Or Misc.
Use: Agricultural Preserve (Under Contract)
Parcel Number: 5340320514
MLS Listing
List Price: $309,900
MLS#: 076041731
Tax Assesment
Land Value: $130,561
Improvement Value: $304,643
Net Value: $435,204
Est Property Tax: $5,440
Sales History
Date Price
12/14/2005 $625,000
12/01/2004 $429,868

http://www.sdlookup.com/Property-3BCEC903-702_Ash_St_205_San_Diego_CA_92101

[Arraya]

Speaking of banks lowering prices….

Here is on I found this morning, it may be the first 50% off peak sighting.

Downtown of course.

702 Ash St #205
San Diego, CA 92101
General Info
Location: San Diego > Downtown
Neighborhood: Cortez Hill
Community: El Cortez
Zoning: Special And/Or Misc.
Use: Agricultural Preserve (Under Contract)
Parcel Number: 5340320514
MLS Listing
List Price: $309,900
MLS#: 076041731
Tax Assesment
Land Value: $130,561
Improvement Value: $304,643
Net Value: $435,204
Est Property Tax: $5,440
Sales History
Date Price
12/14/2005 $625,000
12/01/2004 $429,868

http://www.sdlookup.com/Property-3BCEC903-702_Ash_St_205_San_Diego_CA_92101

[Author]

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