Newer Irvine listings with crazy WTF asking prices from equity sellers

[eyephone]

Should have sold by now. People will be priced out.

So I went on Zillow and did a search for houses on the market in Irvine less than 14 days on the market. (Year built before 2017)
The results show 70 listings. I would subtract 1 since the property is located in Lake Forest.

This is suppsingly the sweet spot, but there are so many listings.

 

[usctrojancpa]

Here we go people: https://www.redfin.com/CA/Irvine/106-Working-Rnch-92602/unit-80/home/113864221

Highlights include:

$1,149,000 asking price for an attached condo ($664 /sqft)
$  964,531 closed sale on 11/21/17
$385 HOA / month
3 bedrooms, 2.5 baths, loft
Furniture included, even those beds that aren't real sizes


[/quote]

Prediction = this listing will linger on the market for LONG time before it get's delisted.

 

[bones]

Here we go people: https://www.redfin.com/CA/Irvine/106-Working-Rnch-92602/unit-80/home/113864221

Highlights include:

$1,149,000 asking price for an attached condo ($664 /sqft)
$  964,531 closed sale on 11/21/17
$385 HOA / month
3 bedrooms, 2.5 baths, loft
Furniture included, even those beds that aren't real sizes

Prediction = this listing will linger on the market for LONG time before it get's delisted.

Rule number 1. Never buy the model home.

 

[usctrojancpa]

Here we go people: https://www.redfin.com/CA/Irvine/106-Working-Rnch-92602/unit-80/home/113864221

Highlights include:

$1,149,000 asking price for an attached condo ($664 /sqft)
$  964,531 closed sale on 11/21/17
$385 HOA / month
3 bedrooms, 2.5 baths, loft
Furniture included, even those beds that aren't real sizes

Prediction = this listing will linger on the market for LONG time before it get's delisted.

Rule number 1. Never buy the model home.

Truer words have not been spoken.

 

[Kings]

Here we go people: https://www.redfin.com/CA/Irvine/106-Working-Rnch-92602/unit-80/home/113864221

Highlights include:

$1,149,000 asking price for an attached condo ($664 /sqft)
$  964,531 closed sale on 11/21/17
$385 HOA / month
3 bedrooms, 2.5 baths, loft
Furniture included, even those beds that aren't real sizes

Prediction = this listing will linger on the market for LONG time before it get's delisted.

Rule number 1. Never buy the model home.

Truer words have not been spoken.

in ROI's name we pray, amen

 

[irvinebullhousing]

Here we go people: https://www.redfin.com/CA/Irvine/106-Working-Rnch-92602/unit-80/home/113864221

Highlights include:

$1,149,000 asking price for an attached condo ($664 /sqft)
$  964,531 closed sale on 11/21/17
$385 HOA / month
3 bedrooms, 2.5 baths, loft
Furniture included, even those beds that aren't real sizes

Prediction = this listing will linger on the market for LONG time before it get's delisted.
[/quote]

But wait, this attached condo sitting on a huge lot of land. 1/2 an acreage, and you get to own the air space above it too.

 

[Liar Loan]

Rule number 1. Never buy the model home.

Why?

 

[Dresden215]

Rule number 1. Never buy the model home.

Why?

The quality of workmanship is inferior, since the home needs to be built quickly.

 

[someguy]

Rule number 1. Never buy the model home.

Why?

The quality of workmanship is inferior, since the home needs to be built quickly.

Yah that's a good point.  I would add that model homes tend to have generous amounts of upgrades, which typically result in cents on the dollar upon resale.

 

[Burn That Belly]

x

 

[the.irvine]

Both Orchard Hills and Great Park Houses are tanking?  $100K to $300K price reduction?
https://www.redfin.com/CA/Irvine/8-Spanish-Moss-92602/home/58553591https://www.redfin.com/CA/Irvine/32-Shadybend-92602/home/58553617
https://www.redfin.com/CA/Irvine/210-Radial-92618/home/112721115https://www.redfin.com/CA/Irvine/102-Cruiser-92618/home/144483941

I guess people are reading my posts. They are going to their tax accountant. Which they will confirm and agree to my previous posts.

Missed your previous post. Can you plz repost

 

[shadyoc]

There was a Terraza resale for $1.2m
Maybe the homes closer to the OH school are desirable.  But that doesn?t say why Padova, which is close to the toll, and far from the gates, are selling well.

 

[Burn That Belly]

x

 

[irvineband]

You want a nice renovation in WB see link below. 4bd sold for 1.18. Beautifully renovated. Main issue was it backed to Culver.  Same home on the other side of the street might have fetched 1.25. Nothing WTF about that. That second one you posted was ridiculous.
https://www.redfin.com/CA/Irvine/3-Soaring-Hawk-92614/home/4695610?

 

[aquabliss]

Best Woodbridge remodel I?ve ever seen:https://www.redfin.com/CA/Irvine/53-Emerald-92614/home/4697590

Well worth the price.

 

[bitmaster20]

Best Woodbridge remodel I?ve ever seen:https://www.redfin.com/CA/Irvine/53-Emerald-92614/home/4697590

Well worth the price.

Wow! Very nicely done.

 

[aquabliss]

Racquet Club is now selling at $450 sq ft:https://www.redfin.com/CA/Irvine/13681-Espirit-Way-92620/home/4776977

Crazy times.

 

[irvinehomeowner]

Best Woodbridge remodel I?ve ever seen:https://www.redfin.com/CA/Irvine/53-Emerald-92614/home/4697590

Well worth the price.

Wait... did they convert that from a 2CWG to a 3CWG? Wig.

Was it a teardown? I know they tore down the Larry Ford home on Foxboro but did they do that to 53 Emerald too?

 

[aquabliss]

I think 53 Emerald always had 3CWG garage.  All the neighbors have it:https://www.google.com/maps/place/5...f68e88c384adc15!8m2!3d33.66798!4d-117.8013986

 

[Kings]

Racquet Club is now selling at $450 sq ft:https://www.redfin.com/CA/Irvine/13681-Espirit-Way-92620/home/4776977

Crazy times.

i think they would have been better off putting down a wall in the master bedroom and converting the two sliding closets into walk ins