Losses Outside of Irvine

NEW -> Contingent Buyer Assistance Program
<p>A $200K+ loss when factoring in commission.</p>

<p>12952 PEARCE ST


Garden Grove, CA 92843 </p>

<p>Price: $449,900 </p>

<p>$/Sq. Ft.: $258 </p>

<p>Beds: 4


Baths: 2


Sq. Ft.: 1,741</p>

<p>Sale History:</p>

<p>11/06/2006 $640,000


10/01/2004 $500,000</p>

<p><img alt="" src="http://i-0.rfimg.us/photo/45/bigphoto/457/H07146457_0.jpg" /></p>

<p><a href="http://www.redfin.com/stingray/do/printable-listing?listing-id=1193431">http://www.redfin.com/stingray/do/printable-listing?listing-id=1193431</a></p>
 
<p>Add commision and you got almost 150,000 loss in 2 years. 30% in 2 years sounds about right. </p>

<p>20066 BLUEBIRD GLEN #44, Lake Forest, CA 92630


List Price: $299,000


Last Sale: 09/09/05


Sales Price: $430,000


Bedrooms: 2


Full Baths: 2


Partial Baths: 0


Square Feet: 1,008


Lot Size: N/A


Year Built: 1986


Listing Date: 10/24/07


On Market: 1 day


Type: CONDO/TH


Status: ACTIVE


MLS #: P606894


</p>

<p>same as above </p>

<p>22323 VISTA VERDE DRIVE, Lake Forest, CA 92630


List Price: $299,000


Last Sale: 08/24/05


Sales Price: $422,000


Bedrooms: 2


Full Baths: 2


Partial Baths: 1


Square Feet: 1,414


Lot Size: 928 Sq. Ft.


Year Built: 1979


Listing Date: 10/24/07


On Market: 1 day


Type: CONDO/TH


Status: ACTIVE


MLS #: P606946 </p>

<p>same as above</p>

<p>22021 LAKELAND AVENUE, Lake Forest, CA 92630**


List Price: $369,900


Last Sale: 08/08/06


Sales Price: $490,000


Bedrooms: 4


Full Baths: 2


Partial Baths: 1


Square Feet: 1,550


Lot Size: 1,430 Sq. Ft.


Year Built: 1972


Listing Date: 10/23/07


On Market: 2 days


Type: CONDO/TH


Status: ACTIVE


MLS #: S510518


</p>
 
This one sold for a loss of more than $350k in two years when factoring in selling costs:





<a href="http://redfin.com/stingray/do/printable-listing?listing-id=822357">27642 DAISYFIELD DR</a>, LAGUNA NIGUEL, CA 92677-6015


10/09/2007 $1,172,484 -11.2%/yr


12/15/2005 $1,455,000 --





<a href="http://www.reuters.com/article/reutersEdge/idUSN2244667820071024?sp=true">http://www.southoctracker.com/2007/10/update-something-went-terribly-terribly.html</a>
 
<p> </p>

<p>High end properties are immune</p>

<p>Price: $1,225,000


08/28/2006 $1,500,000


Redfin Savings: $24,500*


14 Drackert LN


Mission Viejo, CA 92694


Beds: 4


Baths: 3.5


Sq. Ft.: 3,500


$/Sq. Ft.: $350


Lot Size: 6,200 sq. ft.


Type: Single Family Residence


Style: Other


Year Built: 2005


Stories: Two Levels


Area: Ladera Ranch


County: Orange


MLS#: S500330


Status: Active


On Redfin: 78 days </p>
 
<p>another 100,000+</p>

<p>15 PLUMERIA LANE #116, Aliso Viejo, CA 92656


List Price: $400,000


LAST SALE: $495,000 (07/11/2005)


Bedrooms: 2


Full Baths: 2


Partial Baths: 1


Square Feet: 1,200


Lot Size: N/A


Year Built: 2001


Listing Date: 10/25/07


On Market: 1 day


Type: CONDO/TH


Status: ACTIVE


MLS #: P606998


</p>
 
<p>OCrenter followed up his Ladera Ranch story. One small group, seven properties, over $1,000,000 in direct losses to the lenders.</p>

<p>Opps, the link. <a href="http://bubbletracking.blogspot.com/2007/10/update-family-of-ladera-ranch.html">http://bubbletracking.blogspot.com/2007/10/update-family-of-ladera-ranch.html</a></p>
 
140,000 excluding commision


25 DUNLIN LANE, Aliso Viejo, CA 92656


List Price: $759,900


Last Sale: 08/11/05


Sales Price: $900,000


Bedrooms: 4


Full Baths: 2


Partial Baths: 1


Square Feet: 2,267


Lot Size: 4,910 Sq. Ft.


Year Built: 1994


Listing Date: 10/25/07


On Market: 1 day


Type: SFR


Status: ACTIVE


MLS #: S510682

 
No Such R---they are going after crooks in Florida for doing this sort of stuff; however, everybody knows about Fraudulent Florida. The FBI too.



I guess they will get around to Crooked California eventually.
 
Today’s casualties and listings with losses between 100,000 to 165,000.

27315 EASTRIDGE DRIVE, Lake Forest, CA 92630

List Price: $600,000

Last Sale: 10/31/06

Sales Price: $690,000

Bedrooms: 4

Full Baths: 3

Partial Baths: 0

Square Feet: 1,644

Lot Size: 4,050 Sq. Ft.

Year Built: 1981

Listing Date: 10/26/07

On Market: 1 day

Type: SFR

Status: ACTIVE

MLS #: S510842



25671 LE PARC #24, Lake Forest, CA 92630

List Price: $294,900

Last Sale: 03/21/06

Sales Price: $374,000

Bedrooms: 1

Full Baths: 1

Partial Baths: 1

Square Feet: 938

Lot Size: N/A

Year Built: 1982

Listing Date: 10/26/07

On Market: 1 day

Type: CONDO/TH

Status: ACTIVE

MLS #: S510780



25731 VIA LOMAS #126, Laguna Hills, CA 92653

List Price: $235,000

Last Sale: 08/31/06

Sales Price: $345,000

Bedrooms: 2

Full Baths: 2

Partial Baths: 0

Square Feet: 897

Lot Size: N/A

Year Built: 1981

Listing Date: 10/26/07

On Market: 1 day

Type: CONDO/TH

Status: ACTIVE

MLS #: S510806



38 BLAZEWOOD, Lake Forest, CA 92610

List Price: $749,900

Last Sale: 10/31/06

Sales Price: $835,000

Bedrooms: 4

Full Baths: 2

Partial Baths: 1

Square Feet: 1,963

Lot Size: 3,800 Sq. Ft.

Year Built: 1994

Listing Date: 10/26/07

On Market: 1 day

Type: SFR

Status: ACTIVE

MLS #: S510765



165000+

28307 VIA LUIS, Laguna Niguel, CA 92677

List Price: $480,000

Last Sale: 10/23/06

Sales Price: $645,000

Bedrooms: 3

Full Baths: 2

Partial Baths: 1

Square Feet: 1,367

Lot Size: N/A

Year Built: 1989

Listing Date: 10/25/07

On Market: 2 days

Type: CONDO/TH

Status: ACTIVE

MLS #: S510814
 
Keep 'em coming ns ! Schadenfreude for all..... This thread alone should convince people that "<strong>now is not a good time to buy</strong>". All you people struggling with your unconvinced spouses/S.O.'s.....print this out and stick it on the fridge.
 
Today has been nothing but toxic waste all around. In a way it’s depressing. May be this much gloom is not good for the soul. I’m a small business owner and I’m off 30% this year. I definitely don’t want recession.

Another $155,000 loss excluding commission.

29031 RIDGEVIEW DRIVE, Laguna Niguel, CA 92677

List Price: $675,342

Last Sale: 05/04/04

Sales Price: $830,000

Bedrooms: 3

Full Baths: 2

Partial Baths: 1

Square Feet: 2,300

Lot Size: 6,984 Sq. Ft.

Year Built: 1977

Listing Date: 10/26/07

On Market: 1 day

Type: SFR

Status: ACTIVE

MLS #: S510868
 
All with 100,000 or more.

3 SOHO COURT #38, Aliso Viejo, CA 92656

List Price: $449,900

Sales Price: $550,000

Last Sale: 07/27/05

Bedrooms: 3

Full Baths: 2

Partial Baths: 0

Square Feet: 1,300

Lot Size: N/A

Year Built: 1996

Listing Date: 10/09/07

On Market: 18 days

Type: CONDO/TH

Status: ACTIVE



MLS #: S509266





***********

18 MEDICI, Aliso Viejo, CA 92656**

List Price: $495,000

Sales Price: $622,000

Last Sale: 12/07/06

Bedrooms: 2

Full Baths: 3

Partial Baths: 0

Square Feet: 1,640

Lot Size: 818 Sq. Ft.

Year Built: 2007

Listing Date: 10/02/07

On Market: 25 days

Type: CONDO/TH

Status: ACTIVE



MLS #: M108243





*************

8 BRIDLE LANE, Aliso Viejo, CA 92656

List Price: $314,973

Sales Price: $395,000

Last Sale: 12/07/05

Bedrooms: 2

Full Baths: 1

Partial Baths: 0

Square Feet: 994

Lot Size: 994 Sq. Ft.

Year Built: 1981

Listing Date: 10/02/07

On Market: 25 days

Type: CONDO/TH



Status: ACTIVE



MLS #: S507895



***************

51 CAPE VICTORIA, Aliso Viejo, CA 92656

List Price: $535,500

Sales Price: $690,000

Last Sale: 06/27/06

Bedrooms: 4

Full Baths: 2

Partial Baths: 0

Square Feet: 1,700

Lot Size: N/A

Year Built: 1997

Listing Date: 10/01/07

On Market: 26 days

Type: CONDO/TH

Status: ACTIVE



MLS #: R711037





**************

23565 EL CERRITO, Aliso Viejo, CA 92656

List Price: $359,000

Sales Price: $456,000

Last Sale: 09/13/06

Bedrooms: 3

Full Baths: 2

Partial Baths: 0

Square Feet: 1,246

Lot Size: 2,264 Sq. Ft.

Year Built: 1971

Listing Date: 09/29/07

On Market: 28 days

Type: CONDO/TH

Status: ACTIVE



MLS #: P602972





********************

28536 CASANAL, Mission Viejo, CA 92692**

List Price: $630,000

Sales Price: $720,000

Last Sale: 09/11/06

Bedrooms: 3

Full Baths: 2

Partial Baths: 0

Square Feet: 1,471

Lot Size: 6,750 Sq. Ft.

Year Built: 1979

Listing Date: 10/19/07

On Market: 8 days

Type: CONDO/TH

Status: ACTIVE



MLS #: S510424





*****************

32 TISBURY WAY, Mission Viejo, CA 92694

List Price: $679,900

Sales Price: $812,000

Last Sale: 10/19/05

Bedrooms: 4

Full Baths: 3

Partial Baths: 0

Square Feet: 2,200

Lot Size: N/A

Year Built: 2001

Listing Date: 10/17/07

On Market: 10 days

Type: SFR

Status: ACTIVE



MLS #: U7004456





****************

26042 NORTH VIA PERA #C1, Mission Viejo, CA 92691

List Price: $300,000

Last Sale: $455,000 (04/21/2006)

Bedrooms: 3

Full Baths: 2

Partial Baths: 0

Square Feet: 1,200

Lot Size: N/A

Year Built: 1972

Listing Date: 10/15/07

On Market: 12 days

Type: CONDO/TH

Status: ACTIVE



MLS #: S510274





*********************

22914 VIA PIMIENTO #3D, Mission Viejo, CA 92691

List Price: $299,000

Sales Price: $476,000

Last Sale: 07/14/06

Bedrooms: 3

Full Baths: 2

Partial Baths: 1

Square Feet: 1,156

Lot Size: N/A

Year Built: 1971

Listing Date: 10/10/07

On Market: 17 days

Type: CONDO/TH

Status: ACTIVE



MLS #: S509666





***************

19394 HIGHRIDGE WY, Lake Forest, CA 92679

List Price: $599,000

Sales Price: $684,000

Last Sale: 08/04/05

Bedrooms: 3

Full Baths: 3

Partial Baths: 0

Square Feet: 2,160

Lot Size: N/A

Year Built: 1994

Listing Date: 10/06/07

On Market: 21 days

Type: SFR

Status: ACTIVE



MLS #: K07149412





****************

22852 ASPAN STREET, Lake Forest, CA 92630

List Price: $599,900

Sales Price: $680,000

Last Sale: 11/29/05

Bedrooms: 4

Full Baths: 2

Partial Baths: 0

Square Feet: 1,549

Lot Size: 4,500 Sq. Ft.

Year Built: 1973

Listing Date: 10/26/07

On Market: 2 days

Type: SFR

Status: ACTIVE



MLS #: S510878





**************

25871 VIA LOMAS #234, Laguna Hills, CA 92653**

List Price: $254,900

Sales Price: $340,000

Last Sale: 05/06/05

Bedrooms: 2

Full Baths: 2

Partial Baths: 0

Square Feet: 897

Lot Size: N/A

Year Built: 1981

Listing Date: 10/03/07

On Market: 25 days

Type: CONDO/TH

Status: ACTIVE

MLS #: S507962



***************



25842 VIA LOMAS #45, Laguna Hills, CA 92653

List Price: $279,000

Sales Price: $360,000

Last Sale: 07/29/05

Bedrooms: 2

Full Baths: 2

Partial Baths: 0

Square Feet: 897

Lot Size: N/A

Year Built: 1981

Listing Date: 09/16/07

On Market: 42 days

Type: CONDO/TH

Status: ACTIVE



MLS #: P600515





*********************

23435 CAMINITO SALADO, Laguna Hills, CA 92653**

List Price: $350,000

Sales Price: $497,000

Last Sale: 01/31/06

Bedrooms: 3

Full Baths: 2

Partial Baths: 0

Square Feet: 1,400

Lot Size: N/A

Year Built: 1976

Listing Date: 09/11/07

On Market: 47 days

Type: CONDO/TH

Status: ACTIVE



MLS #: S505400





*******************

24981 SUTTER DRIVE, Laguna Hills, CA 92653

List Price: $549,900

Sales Price: $649,000

Last Sale: 04/14/06

Bedrooms: 3

Full Baths: 2

Partial Baths: 0

Square Feet: 1,457

Lot Size: 5,000 Sq. Ft.

Year Built: 1971

Listing Date: 08/29/07

On Market: 60 days

Type: SFR

Status: ACTIVE

MLS #: S503404
 
Oh, my stars.



I wish someone would do this for Miami-Dade County.



Or, maybe I don't.



While expected and all, this is beyond depressing. And these are asking prices. Even nitwits know that you offer less.
 
<p>Palm Springs $100,000 drop (to add to it's previous reductions). Perhaps they should take the dead animal off the wall....</p>

<p><a href="http://palmsprings.craigslist.org/rfs/462098680.html">Enlarged Mid-Century Alexander home</a></p>
 
Today's report.



21371 BRISTLECONE, Mission Viejo, CA 92692

List Price: $649,900

Last Sale: 12/28/06

Sales Price: $760,000

Bedrooms: 3

Full Baths: 1

Partial Baths: 0

Square Feet: 1,680

Lot Size: N/A

Year Built: 1986

Listing Date: 10/27/07

On Market: 2 days

Type: SFR

Status: ACTIVE

MLS #: S510940

*******************

19 BROOKSTONE PLACE, Aliso Viejo, CA 92656**

List Price: $574,900

Last Sale: 08/18/06

Sales Price: $730,000

Bedrooms: 4

Full Baths: 2

Partial Baths: 1

Square Feet: 1,600

Lot Size: N/A

Year Built: 1996

Listing Date: 10/29/07

On Market: 0 day

Type: CONDO/TH

Status: ACTIVE

MLS #: P607472

******************************

Last Sale: $650,000 (01/20/2006)

Price: $499,900

24551 Chrisanta DR

Mission Viejo, CA 92691

Beds: 3

Baths: 2

Sq. Ft.: 1,375

$/Sq. Ft.: $364

Lot Size: 6,000 sq. ft.

Type: Single Family Residence

Style: Other

Year Built: 1967

Stories: One Level

View(s): City Lights, Hills, Park or Green Belt

Area: Mission Viejo North

County: Orange

MLS#: P592349

Status: Active
 
something fishy about this one. Sold a couple of months ago for 100,000 more than asking price.


23366 EL REPOSA, Aliso Viejo, CA 92656**


LAST SALE: $369,000 (08/10/2007)


List Price: $274,900


Bedrooms: 3


Full Baths: 2


Partial Baths: 0


Square Feet: 1,199


Lot Size: 2,446 Sq. Ft.


Year Built: 1971


Listing Date: 10/30/07


On Market: 0 day


Type: CONDO/TH


Status: ACTIVE


MLS #: P607678


*****************


22243 VISTA VERDE DRIVE, Lake Forest, CA 92630


List Price: $287,500


Last Sale: 05/12/05


Sales Price: $385,000


Bedrooms: 2


Full Baths: 2


Partial Baths: 1


Square Feet: 1,336


Lot Size: 928 Sq. Ft.


Year Built: 1979


Listing Date: 10/30/07


On Market: 0 day


Type: CONDO/TH


Status: ACTIVE


MLS #: S511085


*********************


22931 BROADLEAF, Lake Forest, CA 92630


List Price: $674,900


Last Sale: 09/19/05


Sales Price: $799,000


Bedrooms: 4


Full Baths: 3


Partial Baths: 0


Square Feet: 2,136


Lot Size: 5,200 Sq. Ft.


Year Built: 1981


Listing Date: 10/29/07


On Market: 1 day


Type: SFR


Status: ACTIVE


MLS #: S510992

 
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