irvinebullhousing
Well-known member
USCTrojanCPA said:
hah, we had our fire last year already. I hope its only PAIN and HOT. Fire is much too dangerous for me.
ha ha
Newer Irvine listings with crazy WTF asking prices from equity sellers
- Thread starter usctrojancpa
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NEW -> Contingent Buyer Assistance Program
hah, we had our fire last year already. I hope its only PAIN and HOT. Fire is much too dangerous for me. ha ha
With such low inventory and continued demand, coupled with this one above being a relatively new build - it looks like 700$ per sqt is not that bad I think.
You are right- didn?t matter as it did closed. But now there will be comps. https://www.redfin.com/CA/Irvine/162-Leafy-Pass-92602/home/143911501
Agree, but i feel it will go pending at 1.7M. I am basing it on the fact that Fresco plan 2 bare bones is being offered at 1.675M today for 2500sqt. So someone may value the upgrades and backyard done at the 1.7M price for tbis 2480.sqt belverder resale.
I personally think this 128 Pewter house is a nice one with good upgrades and facing the Eastwood Paseo. I couldn't visit it in person but it really looks very good in pics. These Belvedere plan 1s were being offered at 1.13 M in 2016 when I was on their priority list but it was a stretch for me then, but look how much they have gone up now!
Oh hey, I actually have some context for this. This one did indeed go pending for 1.7M, but had some shady dealings behind the curtain. There were no other offers at the time, and the listing agent pushed one of their own buyers to still offer 10K over-asking. The listing agent was bragging about this, along with disclosing that they supposedly also reduced the listing price without the sellers' consent because they're in China and wouldn't know.
The upgrades were nice, but no comparable sales in the neighborhood warranted anywhere close 1.7M (let alone 1.85M lmao). There were some other similarly sized homes that sold in the immediate neighborhood with not-too-different upgrades, and none of them sold over 1.6M. The new buyers got absolutely shafted by their agent.
Don't worry, agents like that will have a life span of a moth in real estate...as they say, karma can be a b1tch.
The most recent belvedere plan 1 or 2 closed at 1.55M in June (114 Pumpkin below). So 128 Pewter would be like 150K more in 3 months...well, 128 has the magic number 8 in it, so yeah
https://www.redfin.com/CA/Irvine/114-Pumpkin-92602/home/112724222
it was under listed. this is a hot market. should sell for close to listing if not more. Just search for detached house in Irvine that is less than 10 year old and 1.3M under, Northwood HS or Uni HS and you will not find many
59 Decker seems like fell out of escrow and now able to list at a higher price.
At 1.2M , I think this one is overpriced for the square footage and the upgrades. But if someone was willing to pay 1.2M for an attached Delano (3 bed), then this may this Petaluma plan 1 may also sell at 1.2M. Pricing is crazy...especially when you consider that Plan 1s are located with 5 other homes on a motor court..
This one might be better buy at 1.2m range. Atleast it is a true SFR. https://www.redfin.com/CA/Irvine/142-Follyhatch-92618/home/143915060
The home has a few offers, including an offer from my buyer so it won't be closing for $1.2m. It's a motorcourt detached condo on a motorcourt, disregard if the listing agent trying to call it an SFR in MLS.
Redfin lately seems to be estimating newer homes higher than the list price. This will only convince buyers to bid up more and more....
hah, we had our fire last year already. I hope its only PAIN and HOT. Fire is much too dangerous for me.
ha haIrvinehomeseeker
Active member
Cares said:
With such low inventory and continued demand, coupled with this one above being a relatively new build - it looks like 700$ per sqt is not that bad I think.
Soylent Green Is People said:
You are right- didn?t matter as it did closed. But now there will be comps. https://www.redfin.com/CA/Irvine/162-Leafy-Pass-92602/home/143911501
Irvinehomeseeker
Active member
trematix said:
Agree, but i feel it will go pending at 1.7M. I am basing it on the fact that Fresco plan 2 bare bones is being offered at 1.675M today for 2500sqt. So someone may value the upgrades and backyard done at the 1.7M price for tbis 2480.sqt belverder resale.
Irvinehomeseeker
Active member
Irvinehomeseeker said:
I personally think this 128 Pewter house is a nice one with good upgrades and facing the Eastwood Paseo. I couldn't visit it in person but it really looks very good in pics. These Belvedere plan 1s were being offered at 1.13 M in 2016 when I was on their priority list but it was a stretch for me then, but look how much they have gone up now!
Hmm...almost $650 a square foot (think their square footage number is higher than actual) with almost no rear setback. Originally thought this might be a WTF price because it was too high, but now I'm thinking it's a WTF price because it's a steal!!
https://www.redfin.com/CA/Irvine/124-Iron-Horse-92602/home/112718860
Latest comp:https://www.redfin.com/CA/Irvine/71-Quarter-Horse-92602/home/105486299
https://www.redfin.com/CA/Irvine/124-Iron-Horse-92602/home/112718860
Latest comp:https://www.redfin.com/CA/Irvine/71-Quarter-Horse-92602/home/105486299
friendly_spectre
New member
Irvinehomeseeker said:
Oh hey, I actually have some context for this. This one did indeed go pending for 1.7M, but had some shady dealings behind the curtain. There were no other offers at the time, and the listing agent pushed one of their own buyers to still offer 10K over-asking. The listing agent was bragging about this, along with disclosing that they supposedly also reduced the listing price without the sellers' consent because they're in China and wouldn't know.
The upgrades were nice, but no comparable sales in the neighborhood warranted anywhere close 1.7M (let alone 1.85M lmao). There were some other similarly sized homes that sold in the immediate neighborhood with not-too-different upgrades, and none of them sold over 1.6M. The new buyers got absolutely shafted by their agent.
usctrojancpa
Well-known member
friendly_spectre said:
Don't worry, agents like that will have a life span of a moth in real estate...as they say, karma can be a b1tch.
Irvinehomeseeker
Active member
friendly_spectre said:
The most recent belvedere plan 1 or 2 closed at 1.55M in June (114 Pumpkin below). So 128 Pewter would be like 150K more in 3 months...well, 128 has the magic number 8 in it, so yeah
https://www.redfin.com/CA/Irvine/114-Pumpkin-92602/home/112724222TestingIrvine
Active member
This house increase list price by $200K
https://www.redfin.com/CA/Irvine/59-Decker-92620/home/169482416?1280460695=variant&600390594=copy_variant&231528114=variant&1077477207=variant&utm_source=ios_share&utm_medium=share&utm_nooverride=1&utm_content=link&utm_campaign=share_sheet
https://www.redfin.com/CA/Irvine/59-Decker-92620/home/169482416?1280460695=variant&600390594=copy_variant&231528114=variant&1077477207=variant&utm_source=ios_share&utm_medium=share&utm_nooverride=1&utm_content=link&utm_campaign=share_sheet
The Motor Court Company
Well-known member
TestingIrvine said:
it was under listed. this is a hot market. should sell for close to listing if not more. Just search for detached house in Irvine that is less than 10 year old and 1.3M under, Northwood HS or Uni HS and you will not find many
Irvinehomeseeker
Active member
hurijo said:I feel the original list price was really under market. 51 Decker down the street is listed at $1.25m, granted it's slightly bigger but still 3bd. $700/sqft is the new Eastwood price target.
59 Decker seems like fell out of escrow and now able to list at a higher price.
At 1.2M , I think this one is overpriced for the square footage and the upgrades. But if someone was willing to pay 1.2M for an attached Delano (3 bed), then this may this Petaluma plan 1 may also sell at 1.2M. Pricing is crazy...especially when you consider that Plan 1s are located with 5 other homes on a motor court..
Irvinehomeseeker
Active member
TestingIrvine said:
This one might be better buy at 1.2m range. Atleast it is a true SFR. https://www.redfin.com/CA/Irvine/142-Follyhatch-92618/home/143915060
sleepy5136
Well-known member
gotta pay that MR of 2%Irvinehomeseeker said:
usctrojancpa
Well-known member
Irvinehomeseeker said:
The home has a few offers, including an offer from my buyer so it won't be closing for $1.2m. It's a motorcourt detached condo on a motorcourt, disregard if the listing agent trying to call it an SFR in MLS.
someguy
Active member
Here's a winner: https://www.redfin.com/CA/Irvine/189-Rodeo-92602/home/112729041
1900 sqft attached condo at $1.2M, which is somehow less than Redfin's estimate.
1900 sqft attached condo at $1.2M, which is somehow less than Redfin's estimate.
Irvinehomeseeker
Active member
someguy said:
Redfin lately seems to be estimating newer homes higher than the list price. This will only convince buyers to bid up more and more....