Amusing Property Finds

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[quote author="freedomCM" date=1249700650][quote author="Anonymous" date=1249696196]How do you fit 7 bedrooms into 2770 sq. ft. ? And why?



<A href="http://www.redfin.com/CA/Irvine/53-Carver-92620/home/4795416">http://www.redfin.com/CA/Irvine/53-Carver-92620/home/4795416</A></blockquote>


brothel</blockquote>


7 bedrooms and 8 parking stalls. I feel sorry for the one waiting.
 
[quote author="Anonymous" date=1249696196]How do you fit 7 bedrooms into 2770 sq. ft. ? And why?



<A href="http://www.redfin.com/CA/Irvine/53-Carver-92620/home/4795416">http://www.redfin.com/CA/Irvine/53-Carver-92620/home/4795416</A></blockquote>


I am going to profile that one this week, assuming it isn't bought in two days and pulled from the market before my profile comes out.
 
<a href="http://www.redfin.com/CA/Riverside/5916-Grand-Ave-92504/home/4946775">http://www.redfin.com/CA/Riverside/5916-Grand-Ave-92504/home/4946775</a>



5916 Grand Ave

Riverside, CA 92504

Price: $92,900

Beds: 2

Baths: 1

Sq. Ft.: 1,039

$/Sq. Ft.: $89

Lot Size: 3,920 Sq. Ft.

Property Type: Detached, Single Family Residence

Stories: 1

Year Built: 1940

Community: Riverside

County: Riverside

MLS#: I09089151

Source: MRMLS

Status: Active

On Redfin: 1 day

New Listing (24 hours)



* * * * * * * * * * * BANK REPO BANK REPO * * * * * * * * nice two bedroom home on a corner lot with 2 bedrooms and 1 bath with 1039 square feet of living space on a 3920 square foot lot. detached 2 car garage. sold "AS IS" no warrants expressed or implied buyer to verify all aspects of the property. * * * * * * * * * * * * * * * BANK REPO BANK REPO * * * * * * * * * * *



Ok, so far this is a typical World War II-era starter home. Tiny, old house on a tiny lot. Judging from the pictures, it's in fair shape at best, although it's priced pretty damned cheap-now. But be prepared for a healthy dose of WTF...



Property History for 5916 Grand Ave

Date Event Price Appreciation Source

Aug 18, 2009 Listed $92,900 -- MRMLS #I09089151

May 21, 2008 Sold $14,204 -76.7%/yr Public Records

Aug 28, 2007 Delisted * -- Inactive MRMLS #1

Jun 11, 2007 Listed * -- Inactive MRMLS #1

Sep 27, 2005 Sold <strong>$670,000 </strong>46.7%/yr Public Records

Jan 09, 2001 Sold $110,000 0.6%/yr Public Records

Oct 01, 1989 Sold $103,000 -- Public Records



What. The. Fark.



Somebody paid $645 a square foot for this thing. The bubble was never that ridiculous-this has to either be an error or fraud. Even at the peak of the bubble this was maybe worth half that, maybe a little more. I also like the extremely silly price the bank recorded when they took it back-maybe it wasn't the main loan? In any case, the current list price is 86.1% off the previous sale.
 
[quote author="Geotpf" date=1250631797]



Property History for 5916 Grand Ave

Date Event Price Appreciation Source

Aug 18, 2009 Listed $92,900 -- MRMLS #I09089151

May 21, 2008 Sold $14,204 -76.7%/yr Public Records

Aug 28, 2007 Delisted * -- Inactive MRMLS #1

Jun 11, 2007 Listed * -- Inactive MRMLS #1

Sep 27, 2005 Sold <strong>$670,000 </strong>46.7%/yr Public Records

Jan 09, 2001 Sold $110,000 0.6%/yr Public Records

Oct 01, 1989 Sold $103,000 -- Public Records



What. The. Fark.



Somebody paid $645 a square foot for this thing. The bubble was never that ridiculous-this has to either be an error or fraud. Even at the peak of the bubble this was maybe worth half that, maybe a little more. I also like the extremely silly price the bank recorded when they took it back-maybe it wasn't the main loan? In any case, the current list price is 86.1% off the previous sale.</blockquote>


I say fraud. $670K for 1000 sq ft was happening around here, but Riverside...no way that was real. Hell, it was fraud even in OC.
 
<img src="http://media.cdn-redfin.com/photo/45/bigphoto/870/E09091870_0.jpg" alt="" />

<a href="http://www.redfin.com/CA/Redlands/190-Terracina-Blvd-92373/home/3219288">190 Terracina Blvd Redlands, CA 92373 </a>



I think I would be too scared of ghosts to live in this house.
 
[quote author="ABC123" date=1251702256]<img src="http://media.cdn-redfin.com/photo/45/bigphoto/870/E09091870_0.jpg" alt="" />

<a href="http://www.redfin.com/CA/Redlands/190-Terracina-Blvd-92373/home/3219288">190 Terracina Blvd Redlands, CA 92373 </a>



I think I would be too scared of ghosts to live in this house.</blockquote>


It's a beautiful home and there doesn't appear to be any orbs in the pictures so maybe it's safe.
 
<a href="http://lovelylisting.com">http://lovelylisting.com</a>



:lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol:

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:lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol:

:lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol:

:lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol:
 
[quote author="caycifish" date=1251802274]<a href="http://lovelylisting.com">http://lovelylisting.com</a>



:lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol:

:lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol:

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:lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol:

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:lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol:</blockquote>


The space ship is hilarious.<a href="http://lovelylisting.com/wp-content/uploads/2009/09/JoeR-comeinpeacelisting.jpg">Behind the space ship.....</a>
 
Um. DO WANT.



<a href="http://latimesblogs.latimes.com/laland/2009/09/steve-mcqueen-ranch-for-sale.html">http://latimesblogs.latimes.com/laland/2009/09/steve-mcqueen-ranch-for-sale.html</a>



<img src="http://latimesblogs.latimes.com/.a/6a00d8341c630a53ef0120a5d23bba970c-500wi" alt="" />



<blockquote>A Santa Paula ranch once owned by actor Steve McQueen ("The Great Escape," "Papillon") and his third wife, Barbara Minty, has come on the market for $1.95 million.



The pair moved to the 15.5-acre ranch in 1979 and were married in the living room of its 1892 Victorian house, which has antique stained-glass windows.



The ranch includes 3 acres of Syrah vineyards, fruit trees, a 3-acre equestrian facility and a 4,500-square-foot airplane hangar where McQueen kept his car and motorcycle collection.



</blockquote>
 
I would be curious where in Santa Paula that is. Santa Paula is kind of like Orange: some barrio, some nice, and sometimes both are right near each other. Given the lot size, I don't think it is barrio, but I wonder if it might be adjacent.
 
This house isn't for sale, but I thought it was worth taking the picture for a "what if" scenario.



What if it WAS for sale and you were the sales agent. How would you write the property description? Although this appears to be the back of the house, the photo was taken from a main highway and there is no street on the other side of the house.



Correction: I checked the aerial view, and the "front" of the house (or, at least the street with the house address) is on the left "peaked" side. So this is actually a view of the side yard.
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[quote author="GoIllini" date=1254892724]This house isn't for sale, but I thought it was worth taking the picture for a "what if" scenario.



What if it WAS for sale and you were the sales agent. How would you write the property description? Although this appears to be the back of the house, the photo was taken from a main highway and there is no street on the other side of the house.</blockquote>


What?s that next to the chimney? Is it a BBQ or the chimney for the basement?
 
[quote author="GoIllini" date=1254892724]This house isn't for sale, but I thought it was worth taking the picture for a "what if" scenario.



What if it WAS for sale and you were the sales agent. How would you write the property description? Although this appears to be the back of the house, the photo was taken from a main highway and there is no street on the other side of the house.</blockquote>


Custom brickwork!!!
 
[quote author="Cameray" date=1254901003][quote author="GoIllini" date=1254892724]This house isn't for sale, but I thought it was worth taking the picture for a "what if" scenario.



What if it WAS for sale and you were the sales agent. How would you write the property description? Although this appears to be the back of the house, the photo was taken from a main highway and there is no street on the other side of the house.</blockquote>


What?s that next to the chimney? Is it a BBQ or the chimney for the basement?</blockquote>


It's most likely the top of the cistern that stores rain water, or possibly a well. This is in a small village with a total population of 58. It probably does not have a community water supply.
 
Two words: $11,000,000 and Corona...



<a href="http://www.redfin.com/CA/Corona/1111-Casper-Cir-92881/home/17329421">http://www.redfin.com/CA/Corona/1111-Casper-Cir-92881/home/17329421</a> (Hat tip to housing-kaboom.blogspot.com/)



<img src="http://media.cdn-redfin.com/photo/46/bigphoto/057/P706057_0.jpg" alt="" />
 
I saw that on Housing Kaboom as well. Nobody is going to pay $739 a sq ft in Corona.



I like the robo-estimates:



Low Estimate High

Zillow $551,500 $1,103,000 $1,191,240

Eppraisal $626,473 $737,028 $847,582

Cyberhomes No data is available for this property.



Those sound about right. :-P
 
[quote author="Geotpf" date=1254972397]I saw that on Housing Kaboom as well. Nobody is going to pay $739 a sq ft in Corona.



I like the robo-estimates:



Low Estimate High

Zillow $551,500 $1,103,000 $1,191,240

Eppraisal $626,473 $737,028 $847,582

Cyberhomes No data is available for this property.



Those sound about right. :-P</blockquote>


It really is a palace (from the pics), and the materials/workmanship likely cost >$1MM.



I question would anyone capable of paying $11MM for a residence choose to live in Corona.
 
[quote author="ConsiderAgain" date=1254974684][quote author="Geotpf" date=1254972397]I saw that on Housing Kaboom as well. Nobody is going to pay $739 a sq ft in Corona.



I like the robo-estimates:



Low Estimate High

Zillow $551,500 $1,103,000 $1,191,240

Eppraisal $626,473 $737,028 $847,582

Cyberhomes No data is available for this property.



Those sound about right. :-P</blockquote>


It really is a palace (from the pics), and the materials/workmanship likely cost >$1MM.



I question would anyone capable of paying $11MM for a residence choose to live in Corona.</blockquote>


I'm sure it cost five or eight million to build. Doesn't mean it's worth much more than two or three million on the open market.
 
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