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sunny88
ParticipantDid this house really sell for over $900k in ’05?
At least MR is less than $400/yr and lower than most other houses in “Stonebridge”!ParticipantDid this house really sell for over $900k in ’05?
At least MR is less than $400/yr and lower than most other houses in “Stonebridge”!Participant[quote=ocrenter]check out some of the 2000 resales in Scripps:
12525 Birch Bluff
–4 beds, 3.5 baths, 3,795 sq ft
–Sold 08/14/2000: $980,000
–the lot size is big, but it is all slopes, there’s almost no room for the pool, it is extra narrow and needed to be constructed with a deck. good view.12284 Semillon Blvd
–5 beds, 4.5 baths, 5,681 sq ft
–Sold 05/19/2000: $1,050,000
–lot is twice the size as the Edgewood home in question. but mostly all trees.10982 Twinleaf Ct
–5 beds, 4.5 baths, 4,647 sq ft
–Sold 05/25/2000: $1,250,000
–small lot, but on one corner of the yard you see Miramar lake. back in 2000 this area was a lot more established than homes south of Pomerado and commanded a higher price. areas south of Pomerado have caught up.10699 Weatherhill Ct
–3 beds, 4.0 baths, 3,638 sq ft
–Sold 09/26/2000: $934,000
–backs up to noisy Scripps Ranch Blvd, but does get that lake view.11238 Spencerport Way
–5 beds, 4.5 baths, 4,041 sq ft
–Sold 04/28/2000: $900,000
–no views, surrounded by 4 neighbors, small lot, barely enough room for a small strip of pool.A home of Edgewood’s caliber is about $1 million circa 2000. we are not quite there yet, but getting quite close.[/quote]
Just curious, why do you think we should use the prices from 2000 as a reference? Also, the comps you mentioned are no in “Stonebridge”, don’t you think that Stonebridge homes should be valued differently (possibly lower) due to more inconvenient location, higher number of distressed properties and higher MR?
Participant[quote=ocrenter]check out some of the 2000 resales in Scripps:
12525 Birch Bluff
–4 beds, 3.5 baths, 3,795 sq ft
–Sold 08/14/2000: $980,000
–the lot size is big, but it is all slopes, there’s almost no room for the pool, it is extra narrow and needed to be constructed with a deck. good view.12284 Semillon Blvd
–5 beds, 4.5 baths, 5,681 sq ft
–Sold 05/19/2000: $1,050,000
–lot is twice the size as the Edgewood home in question. but mostly all trees.10982 Twinleaf Ct
–5 beds, 4.5 baths, 4,647 sq ft
–Sold 05/25/2000: $1,250,000
–small lot, but on one corner of the yard you see Miramar lake. back in 2000 this area was a lot more established than homes south of Pomerado and commanded a higher price. areas south of Pomerado have caught up.10699 Weatherhill Ct
–3 beds, 4.0 baths, 3,638 sq ft
–Sold 09/26/2000: $934,000
–backs up to noisy Scripps Ranch Blvd, but does get that lake view.11238 Spencerport Way
–5 beds, 4.5 baths, 4,041 sq ft
–Sold 04/28/2000: $900,000
–no views, surrounded by 4 neighbors, small lot, barely enough room for a small strip of pool.A home of Edgewood’s caliber is about $1 million circa 2000. we are not quite there yet, but getting quite close.[/quote]
Just curious, why do you think we should use the prices from 2000 as a reference? Also, the comps you mentioned are no in “Stonebridge”, don’t you think that Stonebridge homes should be valued differently (possibly lower) due to more inconvenient location, higher number of distressed properties and higher MR?
Participant[quote=ocrenter]check out some of the 2000 resales in Scripps:
12525 Birch Bluff
–4 beds, 3.5 baths, 3,795 sq ft
–Sold 08/14/2000: $980,000
–the lot size is big, but it is all slopes, there’s almost no room for the pool, it is extra narrow and needed to be constructed with a deck. good view.12284 Semillon Blvd
–5 beds, 4.5 baths, 5,681 sq ft
–Sold 05/19/2000: $1,050,000
–lot is twice the size as the Edgewood home in question. but mostly all trees.10982 Twinleaf Ct
–5 beds, 4.5 baths, 4,647 sq ft
–Sold 05/25/2000: $1,250,000
–small lot, but on one corner of the yard you see Miramar lake. back in 2000 this area was a lot more established than homes south of Pomerado and commanded a higher price. areas south of Pomerado have caught up.10699 Weatherhill Ct
–3 beds, 4.0 baths, 3,638 sq ft
–Sold 09/26/2000: $934,000
–backs up to noisy Scripps Ranch Blvd, but does get that lake view.11238 Spencerport Way
–5 beds, 4.5 baths, 4,041 sq ft
–Sold 04/28/2000: $900,000
–no views, surrounded by 4 neighbors, small lot, barely enough room for a small strip of pool.A home of Edgewood’s caliber is about $1 million circa 2000. we are not quite there yet, but getting quite close.[/quote]
Just curious, why do you think we should use the prices from 2000 as a reference? Also, the comps you mentioned are no in “Stonebridge”, don’t you think that Stonebridge homes should be valued differently (possibly lower) due to more inconvenient location, higher number of distressed properties and higher MR?
Participant[quote=ocrenter]check out some of the 2000 resales in Scripps:
12525 Birch Bluff
–4 beds, 3.5 baths, 3,795 sq ft
–Sold 08/14/2000: $980,000
–the lot size is big, but it is all slopes, there’s almost no room for the pool, it is extra narrow and needed to be constructed with a deck. good view.12284 Semillon Blvd
–5 beds, 4.5 baths, 5,681 sq ft
–Sold 05/19/2000: $1,050,000
–lot is twice the size as the Edgewood home in question. but mostly all trees.10982 Twinleaf Ct
–5 beds, 4.5 baths, 4,647 sq ft
–Sold 05/25/2000: $1,250,000
–small lot, but on one corner of the yard you see Miramar lake. back in 2000 this area was a lot more established than homes south of Pomerado and commanded a higher price. areas south of Pomerado have caught up.10699 Weatherhill Ct
–3 beds, 4.0 baths, 3,638 sq ft
–Sold 09/26/2000: $934,000
–backs up to noisy Scripps Ranch Blvd, but does get that lake view.11238 Spencerport Way
–5 beds, 4.5 baths, 4,041 sq ft
–Sold 04/28/2000: $900,000
–no views, surrounded by 4 neighbors, small lot, barely enough room for a small strip of pool.A home of Edgewood’s caliber is about $1 million circa 2000. we are not quite there yet, but getting quite close.[/quote]
Just curious, why do you think we should use the prices from 2000 as a reference? Also, the comps you mentioned are no in “Stonebridge”, don’t you think that Stonebridge homes should be valued differently (possibly lower) due to more inconvenient location, higher number of distressed properties and higher MR?
Participant[quote=ocrenter]check out some of the 2000 resales in Scripps:
12525 Birch Bluff
–4 beds, 3.5 baths, 3,795 sq ft
–Sold 08/14/2000: $980,000
–the lot size is big, but it is all slopes, there’s almost no room for the pool, it is extra narrow and needed to be constructed with a deck. good view.12284 Semillon Blvd
–5 beds, 4.5 baths, 5,681 sq ft
–Sold 05/19/2000: $1,050,000
–lot is twice the size as the Edgewood home in question. but mostly all trees.10982 Twinleaf Ct
–5 beds, 4.5 baths, 4,647 sq ft
–Sold 05/25/2000: $1,250,000
–small lot, but on one corner of the yard you see Miramar lake. back in 2000 this area was a lot more established than homes south of Pomerado and commanded a higher price. areas south of Pomerado have caught up.10699 Weatherhill Ct
–3 beds, 4.0 baths, 3,638 sq ft
–Sold 09/26/2000: $934,000
–backs up to noisy Scripps Ranch Blvd, but does get that lake view.11238 Spencerport Way
–5 beds, 4.5 baths, 4,041 sq ft
–Sold 04/28/2000: $900,000
–no views, surrounded by 4 neighbors, small lot, barely enough room for a small strip of pool.A home of Edgewood’s caliber is about $1 million circa 2000. we are not quite there yet, but getting quite close.[/quote]
Just curious, why do you think we should use the prices from 2000 as a reference? Also, the comps you mentioned are no in “Stonebridge”, don’t you think that Stonebridge homes should be valued differently (possibly lower) due to more inconvenient location, higher number of distressed properties and higher MR?
Participant[quote=sdrealtor]Still way too high. Hold off for a year 2000 price and demand it. That house should be 750K[/quote]
While you may be right with the price, “Serenity” just around the corner is still selling new homes for $900k before upgrades and the much larger “Sanctuary” home seems to be a “bargain”. I wouldn’t be surprised if this will be bid up to $1.2 mio. Also, many people don’t seem to mind (and can afford) to pay several hundred a month for MR and HOA.
Participant[quote=sdrealtor]Still way too high. Hold off for a year 2000 price and demand it. That house should be 750K[/quote]
While you may be right with the price, “Serenity” just around the corner is still selling new homes for $900k before upgrades and the much larger “Sanctuary” home seems to be a “bargain”. I wouldn’t be surprised if this will be bid up to $1.2 mio. Also, many people don’t seem to mind (and can afford) to pay several hundred a month for MR and HOA.
Participant[quote=sdrealtor]Still way too high. Hold off for a year 2000 price and demand it. That house should be 750K[/quote]
While you may be right with the price, “Serenity” just around the corner is still selling new homes for $900k before upgrades and the much larger “Sanctuary” home seems to be a “bargain”. I wouldn’t be surprised if this will be bid up to $1.2 mio. Also, many people don’t seem to mind (and can afford) to pay several hundred a month for MR and HOA.
Participant[quote=sdrealtor]Still way too high. Hold off for a year 2000 price and demand it. That house should be 750K[/quote]
While you may be right with the price, “Serenity” just around the corner is still selling new homes for $900k before upgrades and the much larger “Sanctuary” home seems to be a “bargain”. I wouldn’t be surprised if this will be bid up to $1.2 mio. Also, many people don’t seem to mind (and can afford) to pay several hundred a month for MR and HOA.
Participant[quote=sdrealtor]Still way too high. Hold off for a year 2000 price and demand it. That house should be 750K[/quote]
While you may be right with the price, “Serenity” just around the corner is still selling new homes for $900k before upgrades and the much larger “Sanctuary” home seems to be a “bargain”. I wouldn’t be surprised if this will be bid up to $1.2 mio. Also, many people don’t seem to mind (and can afford) to pay several hundred a month for MR and HOA.
July 14, 2009 at 1:13 PM in reply to: Did you notice recently many Short Sales listings reduce prices #429587ParticipantIn my own experience you will not be able to get a short sale at the asking price. Therefore, it doesn’t really matter how low the asking price is. Most short sales go for the market rate.
July 14, 2009 at 1:13 PM in reply to: Did you notice recently many Short Sales listings reduce prices #430096ParticipantIn my own experience you will not be able to get a short sale at the asking price. Therefore, it doesn’t really matter how low the asking price is. Most short sales go for the market rate.
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