Anonymous_IHB
New member
<p>It seemed a year or two ago that there was some kind of 92603 premium (ie. prices there were higher for the same thing elsewhere in Irvine). Certainly, if you go to Turtle Ridge and look at the asking price per sq. ft., it looks that way. However, it feels like some of that premium is going away (see examples below). Has anyone else noticed this?</p>
<p>Ex. compare this Portolla Springs builder asking price to some recent QH sales. </p>
<p> From Portolla Spings Vientos, the last post <a href="http://forums.irvinehousingblog.com/discussion/40/portola-springs-vientos/#Item_0">http://forums.irvinehousingblog.com/discussion/40/portola-springs-vientos/#Item_0</a></p>
<p>Residence 4 - 3bd+Loft/2.5ba - 1405 sq. ft.</p>
<p>Residence Four: $550,497</p>
<p> </p>
<p>From Quail HIll:</p>
<p><a href="http://www.irvinehousingblog.com/2008/01/20/a-tall-oak-tale/">http://www.irvinehousingblog.com/2008/01/20/a-tall-oak-tale/</a></p>
<p>111 TALL OAK
IRVINE, CA 92603-4209
SOLD FOR: $590,000
(12/20/2007)</p>
<p>Address: 111 Tall Oak, Irvine, CA 92603
1st Loan $578,400
2nd Mtg. $144,600
Downpayment $0
Beds: 3
Baths: 3.5
Sq. Ft.: 1,607
$/Sq. Ft.: $410
Lot Size: -
Year Built: 2004
Stories: 3
Type: Condominium
County: Orange
Neighborhood: Quail Hill
MLS#: S485520
Status: Active
On Redfin: 92 days
Unsold in 90+ days
From Redfin, “SpleSplended DETACHED - 2 YR old Villa in Quail Hill. ULTRA-HIP Floorp lan for 21st Century-3BR/3.5BA+Tech Desk. Granite Counter-Tops, Shutters, Berber Carpet, Wood flooring, Stainless Appliances, Courtyard location. 5-Star resort amenities w/ pools, sport court, tot lots, tennis, fitness gym, several parks+walking trails. Next to Spectrum, Retail Plaza already opend, Walk to Top-Tier Alderwood school. UNI-HIGH School. This is a pre-foreclosure sale! Sale subject to lender approval.”</p>
<p>113 TALL OAK
IRVINE, CA 92603-4209
SOLD FOR: $560,000
(11/16/2007)
Address: 113 Tall Oak, Irvine, CA 92603
Beds: 3
Baths: 3.5
Sq. Ft.: 1,610
$/Sq. Ft.: $428
Lot Size: -
Year Built: 2004
Stories: 3
Type: Condominium
County: Orange
Neighborhood: Quail Hill
MLS#: S486686
Status: Active
On Redfin: 85 days
From Redfin, “* * * PRICE REDUCTION * * * A chance to own a detached home in the prestigious Quail Hill community with it’s resort style amenities to enjoy!! This tri level home boasts a modern floorplan which is functional and comfortable. Repairs are scheduled to begin soon and will include new paint, carpet and stair repair. This home features 2 balconies, plantation shutters, a romantic two-sided fireplace, and a computer niche. .. .. don’t miss out!!”
</p>
<p> </p>
<p>Ex. compare this Portolla Springs builder asking price to some recent QH sales. </p>
<p> From Portolla Spings Vientos, the last post <a href="http://forums.irvinehousingblog.com/discussion/40/portola-springs-vientos/#Item_0">http://forums.irvinehousingblog.com/discussion/40/portola-springs-vientos/#Item_0</a></p>
<p>Residence 4 - 3bd+Loft/2.5ba - 1405 sq. ft.</p>
<p>Residence Four: $550,497</p>
<p> </p>
<p>From Quail HIll:</p>
<p><a href="http://www.irvinehousingblog.com/2008/01/20/a-tall-oak-tale/">http://www.irvinehousingblog.com/2008/01/20/a-tall-oak-tale/</a></p>
<p>111 TALL OAK
IRVINE, CA 92603-4209
SOLD FOR: $590,000
(12/20/2007)</p>
<p>Address: 111 Tall Oak, Irvine, CA 92603
1st Loan $578,400
2nd Mtg. $144,600
Downpayment $0
Beds: 3
Baths: 3.5
Sq. Ft.: 1,607
$/Sq. Ft.: $410
Lot Size: -
Year Built: 2004
Stories: 3
Type: Condominium
County: Orange
Neighborhood: Quail Hill
MLS#: S485520
Status: Active
On Redfin: 92 days
Unsold in 90+ days
From Redfin, “SpleSplended DETACHED - 2 YR old Villa in Quail Hill. ULTRA-HIP Floorp lan for 21st Century-3BR/3.5BA+Tech Desk. Granite Counter-Tops, Shutters, Berber Carpet, Wood flooring, Stainless Appliances, Courtyard location. 5-Star resort amenities w/ pools, sport court, tot lots, tennis, fitness gym, several parks+walking trails. Next to Spectrum, Retail Plaza already opend, Walk to Top-Tier Alderwood school. UNI-HIGH School. This is a pre-foreclosure sale! Sale subject to lender approval.”</p>
<p>113 TALL OAK
IRVINE, CA 92603-4209
SOLD FOR: $560,000
(11/16/2007)
Address: 113 Tall Oak, Irvine, CA 92603
Beds: 3
Baths: 3.5
Sq. Ft.: 1,610
$/Sq. Ft.: $428
Lot Size: -
Year Built: 2004
Stories: 3
Type: Condominium
County: Orange
Neighborhood: Quail Hill
MLS#: S486686
Status: Active
On Redfin: 85 days
From Redfin, “* * * PRICE REDUCTION * * * A chance to own a detached home in the prestigious Quail Hill community with it’s resort style amenities to enjoy!! This tri level home boasts a modern floorplan which is functional and comfortable. Repairs are scheduled to begin soon and will include new paint, carpet and stair repair. This home features 2 balconies, plantation shutters, a romantic two-sided fireplace, and a computer niche. .. .. don’t miss out!!”
</p>
<p> </p>
