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November 15, 2007 at 11:25 AM in reply to: rancho santa fe auction — 14723 Calle Carla – MLS# 071071438 #99823November 15, 2007 at 11:25 AM in reply to: rancho santa fe auction — 14723 Calle Carla – MLS# 071071438 #99901New_RenterParticipant
This went Pending yesterday. The auction must have worked for them. Anyone that attended the auction know what it went for?
November 15, 2007 at 11:25 AM in reply to: rancho santa fe auction — 14723 Calle Carla – MLS# 071071438 #99918New_RenterParticipantThis went Pending yesterday. The auction must have worked for them. Anyone that attended the auction know what it went for?
November 15, 2007 at 11:25 AM in reply to: rancho santa fe auction — 14723 Calle Carla – MLS# 071071438 #99929New_RenterParticipantThis went Pending yesterday. The auction must have worked for them. Anyone that attended the auction know what it went for?
November 15, 2007 at 11:25 AM in reply to: rancho santa fe auction — 14723 Calle Carla – MLS# 071071438 #99933New_RenterParticipantThis went Pending yesterday. The auction must have worked for them. Anyone that attended the auction know what it went for?
New_RenterParticipantThe quickest way to find it is on the San Diego Daily Transcript (expensive to subscribe). I found it on a Google search for the address. Here is what it turned up:
San Diego Source > Real Estate07-0706942 — The house at 10586 Gaylemont Ln, San Diego, CA 92130, was sold on 11/06/07 at a tax value of $1000000. …
The problem, ILoveCarmelValley, is that we’re observing a moving target. Yes, maybe earlier this year $1.299 would be a decent listing price, but your neighbor is bringing their house on the market months after the Gaylemont house went on, and the market is just getting progressively worse. Not only will they have a $1M similar comp to deal with, but the bad seasonality (Nov/Dec/Jan).
Another Belmont (same plan as Gaylemont) recently came the market for $1.385 at 5560 Havenridge Way. It’s also backed up to Carmel Mountain Road. It’s nicely upgraded (incredible kitchen), but no way is it worth an extra $385K over the Gaylemont house. This seller has a serious reality check coming as well (IMHO).
If people want to sell their house in this market they need to price realistically for today’s market! Nearly everything I’m looking at in CV is priced $200K-$300K over market, and they’re just sitting there rotting away for the most part.
Again, I wish your neighbor luck. Maybe you can convince them to list for $1.199M (you did mention $1.2M in your post)? They’ll have a much better chance of getting it sold (again, IMHO).
Disclaimer: I’m not a real estate professional or market analyst, just an interested observer in CV!
New_RenterParticipantThe quickest way to find it is on the San Diego Daily Transcript (expensive to subscribe). I found it on a Google search for the address. Here is what it turned up:
San Diego Source > Real Estate07-0706942 — The house at 10586 Gaylemont Ln, San Diego, CA 92130, was sold on 11/06/07 at a tax value of $1000000. …
The problem, ILoveCarmelValley, is that we’re observing a moving target. Yes, maybe earlier this year $1.299 would be a decent listing price, but your neighbor is bringing their house on the market months after the Gaylemont house went on, and the market is just getting progressively worse. Not only will they have a $1M similar comp to deal with, but the bad seasonality (Nov/Dec/Jan).
Another Belmont (same plan as Gaylemont) recently came the market for $1.385 at 5560 Havenridge Way. It’s also backed up to Carmel Mountain Road. It’s nicely upgraded (incredible kitchen), but no way is it worth an extra $385K over the Gaylemont house. This seller has a serious reality check coming as well (IMHO).
If people want to sell their house in this market they need to price realistically for today’s market! Nearly everything I’m looking at in CV is priced $200K-$300K over market, and they’re just sitting there rotting away for the most part.
Again, I wish your neighbor luck. Maybe you can convince them to list for $1.199M (you did mention $1.2M in your post)? They’ll have a much better chance of getting it sold (again, IMHO).
Disclaimer: I’m not a real estate professional or market analyst, just an interested observer in CV!
New_RenterParticipantThe quickest way to find it is on the San Diego Daily Transcript (expensive to subscribe). I found it on a Google search for the address. Here is what it turned up:
San Diego Source > Real Estate07-0706942 — The house at 10586 Gaylemont Ln, San Diego, CA 92130, was sold on 11/06/07 at a tax value of $1000000. …
The problem, ILoveCarmelValley, is that we’re observing a moving target. Yes, maybe earlier this year $1.299 would be a decent listing price, but your neighbor is bringing their house on the market months after the Gaylemont house went on, and the market is just getting progressively worse. Not only will they have a $1M similar comp to deal with, but the bad seasonality (Nov/Dec/Jan).
Another Belmont (same plan as Gaylemont) recently came the market for $1.385 at 5560 Havenridge Way. It’s also backed up to Carmel Mountain Road. It’s nicely upgraded (incredible kitchen), but no way is it worth an extra $385K over the Gaylemont house. This seller has a serious reality check coming as well (IMHO).
If people want to sell their house in this market they need to price realistically for today’s market! Nearly everything I’m looking at in CV is priced $200K-$300K over market, and they’re just sitting there rotting away for the most part.
Again, I wish your neighbor luck. Maybe you can convince them to list for $1.199M (you did mention $1.2M in your post)? They’ll have a much better chance of getting it sold (again, IMHO).
Disclaimer: I’m not a real estate professional or market analyst, just an interested observer in CV!
New_RenterParticipantThe quickest way to find it is on the San Diego Daily Transcript (expensive to subscribe). I found it on a Google search for the address. Here is what it turned up:
San Diego Source > Real Estate07-0706942 — The house at 10586 Gaylemont Ln, San Diego, CA 92130, was sold on 11/06/07 at a tax value of $1000000. …
The problem, ILoveCarmelValley, is that we’re observing a moving target. Yes, maybe earlier this year $1.299 would be a decent listing price, but your neighbor is bringing their house on the market months after the Gaylemont house went on, and the market is just getting progressively worse. Not only will they have a $1M similar comp to deal with, but the bad seasonality (Nov/Dec/Jan).
Another Belmont (same plan as Gaylemont) recently came the market for $1.385 at 5560 Havenridge Way. It’s also backed up to Carmel Mountain Road. It’s nicely upgraded (incredible kitchen), but no way is it worth an extra $385K over the Gaylemont house. This seller has a serious reality check coming as well (IMHO).
If people want to sell their house in this market they need to price realistically for today’s market! Nearly everything I’m looking at in CV is priced $200K-$300K over market, and they’re just sitting there rotting away for the most part.
Again, I wish your neighbor luck. Maybe you can convince them to list for $1.199M (you did mention $1.2M in your post)? They’ll have a much better chance of getting it sold (again, IMHO).
Disclaimer: I’m not a real estate professional or market analyst, just an interested observer in CV!
New_RenterParticipant“Just heard from a neighbor that they are listing their Foxhound Way Derby Hill Plan 1B (French Country style) in the next couple of weeks for $1.299.”
To ILoveCarmelValley:
Your neighbor may be shocked to find out that a 3476 sq. ft. Belmont on Gaylemont Ln. just closed escrow for a flat $1M right across the street from the Derby Hill development. This was a nicely upgraded, fully landscaped newer Pardee home that (IMHO) is a nicer floor plan than the Plan 1 Derby Hill. Granted that the location backed up to Carmel Mountain Rd., I don’t see how a Derby Hill Plan 1 can command a $300K premium over that. The Gaylemont Lane Belmont is a “direct comp” for your neighbor’s house, so at best, it would appear your neighbors house is worth $1.1M (give it a $100K premium for a possibly better lot location) in today’s market. It will be interesting to see if your neighbor can find a blind “knife catcher”! Good luck to him/her.New_RenterParticipant“Just heard from a neighbor that they are listing their Foxhound Way Derby Hill Plan 1B (French Country style) in the next couple of weeks for $1.299.”
To ILoveCarmelValley:
Your neighbor may be shocked to find out that a 3476 sq. ft. Belmont on Gaylemont Ln. just closed escrow for a flat $1M right across the street from the Derby Hill development. This was a nicely upgraded, fully landscaped newer Pardee home that (IMHO) is a nicer floor plan than the Plan 1 Derby Hill. Granted that the location backed up to Carmel Mountain Rd., I don’t see how a Derby Hill Plan 1 can command a $300K premium over that. The Gaylemont Lane Belmont is a “direct comp” for your neighbor’s house, so at best, it would appear your neighbors house is worth $1.1M (give it a $100K premium for a possibly better lot location) in today’s market. It will be interesting to see if your neighbor can find a blind “knife catcher”! Good luck to him/her.New_RenterParticipant“Just heard from a neighbor that they are listing their Foxhound Way Derby Hill Plan 1B (French Country style) in the next couple of weeks for $1.299.”
To ILoveCarmelValley:
Your neighbor may be shocked to find out that a 3476 sq. ft. Belmont on Gaylemont Ln. just closed escrow for a flat $1M right across the street from the Derby Hill development. This was a nicely upgraded, fully landscaped newer Pardee home that (IMHO) is a nicer floor plan than the Plan 1 Derby Hill. Granted that the location backed up to Carmel Mountain Rd., I don’t see how a Derby Hill Plan 1 can command a $300K premium over that. The Gaylemont Lane Belmont is a “direct comp” for your neighbor’s house, so at best, it would appear your neighbors house is worth $1.1M (give it a $100K premium for a possibly better lot location) in today’s market. It will be interesting to see if your neighbor can find a blind “knife catcher”! Good luck to him/her.New_RenterParticipant“Just heard from a neighbor that they are listing their Foxhound Way Derby Hill Plan 1B (French Country style) in the next couple of weeks for $1.299.”
To ILoveCarmelValley:
Your neighbor may be shocked to find out that a 3476 sq. ft. Belmont on Gaylemont Ln. just closed escrow for a flat $1M right across the street from the Derby Hill development. This was a nicely upgraded, fully landscaped newer Pardee home that (IMHO) is a nicer floor plan than the Plan 1 Derby Hill. Granted that the location backed up to Carmel Mountain Rd., I don’t see how a Derby Hill Plan 1 can command a $300K premium over that. The Gaylemont Lane Belmont is a “direct comp” for your neighbor’s house, so at best, it would appear your neighbors house is worth $1.1M (give it a $100K premium for a possibly better lot location) in today’s market. It will be interesting to see if your neighbor can find a blind “knife catcher”! Good luck to him/her.New_RenterParticipant$1,750,000, 4 Bed, 3.5 Bath, 3999 Sq. Ft.
4Plexowner,
Your dream house is located directly under the flight path of of all the jets taking off from Lindburgh field! No thank you. That is why is priced so low for what you get (4000 sq. ft., incredible view, etc.). If that house were on the Sunset Cliffs side or close to La Playa your talking $2.5M-$3M easy….New_RenterParticipant$1,750,000, 4 Bed, 3.5 Bath, 3999 Sq. Ft.
4Plexowner,
Your dream house is located directly under the flight path of of all the jets taking off from Lindburgh field! No thank you. That is why is priced so low for what you get (4000 sq. ft., incredible view, etc.). If that house were on the Sunset Cliffs side or close to La Playa your talking $2.5M-$3M easy…. -
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