Skyranch in Santee

[joec]

[quote=SkyRanchOwner]Here is also another recent resale listing for a Crestview home:

http://www.sdlookup.com/MLS-100048117-5036_Sevilla_St_Santee_CA_92071

Let’s see where this one closes too.[/quote]

This one sold back in July 2008 for 600k…On my 4/10/2008 price list, this was listed back then for 690k. I wonder why they had to sell…Listed price is not too different from what they paid, but with say a 5% sales commission, they’re off 41k already. Add it their 50k in upgrades (maybe not really what they paid due to sales incentives initially), they loss close to 100k. Pretty painful and people should not have bought if they weren’t going to stay for the longer term.

Maybe the current owners are dual income doctors and can afford to take the hit…

[Coronita]

[quote=joec][quote=SkyRanchOwner]Here is also another recent resale listing for a Crestview home:

http://www.sdlookup.com/MLS-100048117-5036_Sevilla_St_Santee_CA_92071

Let’s see where this one closes too.[/quote]

This one sold back in July 2008 for 600k…On my 4/10/2008 price list, this was listed back then for 690k. I wonder why they had to sell…Listed price is not too different from what they paid, but with say a 5% sales commission, they’re off 41k already. Add it their 50k in upgrades (maybe not really what they paid due to sales incentives initially), they loss close to 100k. Pretty painful and people should not have bought if they weren’t going to stay for the longer term.

Maybe the current owners are dual income doctors and can afford to take the hit…[/quote]

Apparently, it’s not owner occupied…at least, not according to the tax rolls…Maybe it was a speculation property turned rental?

[Coronita]

[quote=joec][quote=SkyRanchOwner]Here is also another recent resale listing for a Crestview home:

http://www.sdlookup.com/MLS-100048117-5036_Sevilla_St_Santee_CA_92071

Let’s see where this one closes too.[/quote]

This one sold back in July 2008 for 600k…On my 4/10/2008 price list, this was listed back then for 690k. I wonder why they had to sell…Listed price is not too different from what they paid, but with say a 5% sales commission, they’re off 41k already. Add it their 50k in upgrades (maybe not really what they paid due to sales incentives initially), they loss close to 100k. Pretty painful and people should not have bought if they weren’t going to stay for the longer term.

Maybe the current owners are dual income doctors and can afford to take the hit…[/quote]

Apparently, it’s not owner occupied…at least, not according to the tax rolls…Maybe it was a speculation property turned rental?

[Coronita]

[quote=joec][quote=SkyRanchOwner]Here is also another recent resale listing for a Crestview home:

http://www.sdlookup.com/MLS-100048117-5036_Sevilla_St_Santee_CA_92071

Let’s see where this one closes too.[/quote]

This one sold back in July 2008 for 600k…On my 4/10/2008 price list, this was listed back then for 690k. I wonder why they had to sell…Listed price is not too different from what they paid, but with say a 5% sales commission, they’re off 41k already. Add it their 50k in upgrades (maybe not really what they paid due to sales incentives initially), they loss close to 100k. Pretty painful and people should not have bought if they weren’t going to stay for the longer term.

Maybe the current owners are dual income doctors and can afford to take the hit…[/quote]

Apparently, it’s not owner occupied…at least, not according to the tax rolls…Maybe it was a speculation property turned rental?

[Coronita]

[quote=joec][quote=SkyRanchOwner]Here is also another recent resale listing for a Crestview home:

http://www.sdlookup.com/MLS-100048117-5036_Sevilla_St_Santee_CA_92071

Let’s see where this one closes too.[/quote]

This one sold back in July 2008 for 600k…On my 4/10/2008 price list, this was listed back then for 690k. I wonder why they had to sell…Listed price is not too different from what they paid, but with say a 5% sales commission, they’re off 41k already. Add it their 50k in upgrades (maybe not really what they paid due to sales incentives initially), they loss close to 100k. Pretty painful and people should not have bought if they weren’t going to stay for the longer term.

Maybe the current owners are dual income doctors and can afford to take the hit…[/quote]

Apparently, it’s not owner occupied…at least, not according to the tax rolls…Maybe it was a speculation property turned rental?

[Coronita]

[quote=joec][quote=SkyRanchOwner]Here is also another recent resale listing for a Crestview home:

http://www.sdlookup.com/MLS-100048117-5036_Sevilla_St_Santee_CA_92071

Let’s see where this one closes too.[/quote]

This one sold back in July 2008 for 600k…On my 4/10/2008 price list, this was listed back then for 690k. I wonder why they had to sell…Listed price is not too different from what they paid, but with say a 5% sales commission, they’re off 41k already. Add it their 50k in upgrades (maybe not really what they paid due to sales incentives initially), they loss close to 100k. Pretty painful and people should not have bought if they weren’t going to stay for the longer term.

Maybe the current owners are dual income doctors and can afford to take the hit…[/quote]

Apparently, it’s not owner occupied…at least, not according to the tax rolls…Maybe it was a speculation property turned rental?

[kcal09]

[quote=joec][quote=SkyRanchOwner]Here is also another recent resale listing for a Crestview home:

http://www.sdlookup.com/MLS-100048117-5036_Sevilla_St_Santee_CA_92071

Let’s see where this one closes too.[/quote]

This one sold back in July 2008 for 600k…On my 4/10/2008 price list, this was listed back then for 690k. I wonder why they had to sell…Listed price is not too different from what they paid, but with say a 5% sales commission, they’re off 41k already. Add it their 50k in upgrades (maybe not really what they paid due to sales incentives initially), they loss close to 100k. Pretty painful and people should not have bought if they weren’t going to stay for the longer term.

Maybe the current owners are dual income doctors and can afford to take the hit…[/quote]

Dual income doctors buying in Santee? LOL.

[kcal09]

[quote=joec][quote=SkyRanchOwner]Here is also another recent resale listing for a Crestview home:

http://www.sdlookup.com/MLS-100048117-5036_Sevilla_St_Santee_CA_92071

Let’s see where this one closes too.[/quote]

This one sold back in July 2008 for 600k…On my 4/10/2008 price list, this was listed back then for 690k. I wonder why they had to sell…Listed price is not too different from what they paid, but with say a 5% sales commission, they’re off 41k already. Add it their 50k in upgrades (maybe not really what they paid due to sales incentives initially), they loss close to 100k. Pretty painful and people should not have bought if they weren’t going to stay for the longer term.

Maybe the current owners are dual income doctors and can afford to take the hit…[/quote]

Dual income doctors buying in Santee? LOL.

[kcal09]

[quote=joec][quote=SkyRanchOwner]Here is also another recent resale listing for a Crestview home:

http://www.sdlookup.com/MLS-100048117-5036_Sevilla_St_Santee_CA_92071

Let’s see where this one closes too.[/quote]

This one sold back in July 2008 for 600k…On my 4/10/2008 price list, this was listed back then for 690k. I wonder why they had to sell…Listed price is not too different from what they paid, but with say a 5% sales commission, they’re off 41k already. Add it their 50k in upgrades (maybe not really what they paid due to sales incentives initially), they loss close to 100k. Pretty painful and people should not have bought if they weren’t going to stay for the longer term.

Maybe the current owners are dual income doctors and can afford to take the hit…[/quote]

Dual income doctors buying in Santee? LOL.

[kcal09]

[quote=joec][quote=SkyRanchOwner]Here is also another recent resale listing for a Crestview home:

http://www.sdlookup.com/MLS-100048117-5036_Sevilla_St_Santee_CA_92071

Let’s see where this one closes too.[/quote]

This one sold back in July 2008 for 600k…On my 4/10/2008 price list, this was listed back then for 690k. I wonder why they had to sell…Listed price is not too different from what they paid, but with say a 5% sales commission, they’re off 41k already. Add it their 50k in upgrades (maybe not really what they paid due to sales incentives initially), they loss close to 100k. Pretty painful and people should not have bought if they weren’t going to stay for the longer term.

Maybe the current owners are dual income doctors and can afford to take the hit…[/quote]

Dual income doctors buying in Santee? LOL.

[kcal09]

[quote=joec][quote=SkyRanchOwner]Here is also another recent resale listing for a Crestview home:

http://www.sdlookup.com/MLS-100048117-5036_Sevilla_St_Santee_CA_92071

Let’s see where this one closes too.[/quote]

This one sold back in July 2008 for 600k…On my 4/10/2008 price list, this was listed back then for 690k. I wonder why they had to sell…Listed price is not too different from what they paid, but with say a 5% sales commission, they’re off 41k already. Add it their 50k in upgrades (maybe not really what they paid due to sales incentives initially), they loss close to 100k. Pretty painful and people should not have bought if they weren’t going to stay for the longer term.

Maybe the current owners are dual income doctors and can afford to take the hit…[/quote]

Dual income doctors buying in Santee? LOL.

[Coronita]

[quote=SkyRanchOwner]This is a current listing for a resale of one of the larger, Plan 4, EaglePointe homes located at the top of the mountain:

http://www.sdlookup.com/MLS-100026032-7228_Ocotillo_St_Santee_CA_92071

Let’s watch to see what it closes at. That should give us a good idea for the price point of the homes at the top of the mountain. All the remaining Eaglepointe homes are at lower elevations, and, therefore, the recent pricing is reflective of that.[/quote]

Interestingly, not owner occupied either, unless in general, Santee residence don’t know about the $7000 tax credit for claiming owner occupancy.

And apparently someone on the same street either took a -$223431 bath in reassessment or was able to negotiate prior to sales with lennar…The new assessed value was $695000 from a originally assessed $900k+ price.

(Note to self: prior to purchasing another property, search the tax rolls on the same street…just in case, because you never know)

I think one should just print out this new reassessment and show it to the person trying to sell 7228 on the same street. Good luck with that asking price….Should it really be a surprise it’s been sitting on the market for 108 days and counting?

I don’t know. But I have a hunch this 7728 home is going to end up short sold in the very least.

[Coronita]

[quote=SkyRanchOwner]This is a current listing for a resale of one of the larger, Plan 4, EaglePointe homes located at the top of the mountain:

http://www.sdlookup.com/MLS-100026032-7228_Ocotillo_St_Santee_CA_92071

Let’s watch to see what it closes at. That should give us a good idea for the price point of the homes at the top of the mountain. All the remaining Eaglepointe homes are at lower elevations, and, therefore, the recent pricing is reflective of that.[/quote]

Interestingly, not owner occupied either, unless in general, Santee residence don’t know about the $7000 tax credit for claiming owner occupancy.

And apparently someone on the same street either took a -$223431 bath in reassessment or was able to negotiate prior to sales with lennar…The new assessed value was $695000 from a originally assessed $900k+ price.

(Note to self: prior to purchasing another property, search the tax rolls on the same street…just in case, because you never know)

I think one should just print out this new reassessment and show it to the person trying to sell 7228 on the same street. Good luck with that asking price….Should it really be a surprise it’s been sitting on the market for 108 days and counting?

I don’t know. But I have a hunch this 7728 home is going to end up short sold in the very least.

[Coronita]

[quote=SkyRanchOwner]This is a current listing for a resale of one of the larger, Plan 4, EaglePointe homes located at the top of the mountain:

http://www.sdlookup.com/MLS-100026032-7228_Ocotillo_St_Santee_CA_92071

Let’s watch to see what it closes at. That should give us a good idea for the price point of the homes at the top of the mountain. All the remaining Eaglepointe homes are at lower elevations, and, therefore, the recent pricing is reflective of that.[/quote]

Interestingly, not owner occupied either, unless in general, Santee residence don’t know about the $7000 tax credit for claiming owner occupancy.

And apparently someone on the same street either took a -$223431 bath in reassessment or was able to negotiate prior to sales with lennar…The new assessed value was $695000 from a originally assessed $900k+ price.

(Note to self: prior to purchasing another property, search the tax rolls on the same street…just in case, because you never know)

I think one should just print out this new reassessment and show it to the person trying to sell 7228 on the same street. Good luck with that asking price….Should it really be a surprise it’s been sitting on the market for 108 days and counting?

I don’t know. But I have a hunch this 7728 home is going to end up short sold in the very least.

[Coronita]

[quote=SkyRanchOwner]This is a current listing for a resale of one of the larger, Plan 4, EaglePointe homes located at the top of the mountain:

http://www.sdlookup.com/MLS-100026032-7228_Ocotillo_St_Santee_CA_92071

Let’s watch to see what it closes at. That should give us a good idea for the price point of the homes at the top of the mountain. All the remaining Eaglepointe homes are at lower elevations, and, therefore, the recent pricing is reflective of that.[/quote]

Interestingly, not owner occupied either, unless in general, Santee residence don’t know about the $7000 tax credit for claiming owner occupancy.

And apparently someone on the same street either took a -$223431 bath in reassessment or was able to negotiate prior to sales with lennar…The new assessed value was $695000 from a originally assessed $900k+ price.

(Note to self: prior to purchasing another property, search the tax rolls on the same street…just in case, because you never know)

I think one should just print out this new reassessment and show it to the person trying to sell 7228 on the same street. Good luck with that asking price….Should it really be a surprise it’s been sitting on the market for 108 days and counting?

I don’t know. But I have a hunch this 7728 home is going to end up short sold in the very least.

[Author]

Posts