CalBears96
Well-known member
In both cases, you would try to move the house quickly, not let it sit on the market by listing it higher than you bought.
Newer Irvine listings with crazy WTF asking prices from equity sellers
- Thread starter usctrojancpa
- Start date
NEW -> Contingent Buyer Assistance Program
Am I missing something? What justifies the price of this home? It doesn't have amazing views or a huge yard. Why is it priced like $750k over similar homes elsewhere in Irvine?
that sold at $2.14M. This one is a squasi SFR and similar lot size to the IP new construction.
The IP one may get some incentives to the buyer considering it's been on the market for a while.
Are you seriously saying that there are ~2400 sq ft SFR homes selling for $1.4M in Irvine? Seriously?
There are several over in the Great Park. Some are new construction, some are resales.
Here is one:
Nope. There are a few listings in Great Park. Plus several new builds over there around that size and priced well under $2M. Solis park has homes almost 3,000 sq ft for about $1.6M.
Show me the listings to back up your claim.
Yes, I seriously am. They aren't all condos. A SFR is a standalone home with its own 4 walls, no? Here you go.
redf.in
redf.in
www.redfin.com
That one will close for above $1.5m easy.
Irvinehomeseeker
Active member
To cover realtor fees and closing costs possibly?
CalBears96
Well-known member
How would you do that if you can't sell the house?
Am I missing something? What justifies the price of this home? It doesn't have amazing views or a huge yard. Why is it priced like $750k over similar homes elsewhere in Irvine?
Irvinehomeseeker
Active member
My comparison was with an Eastwood home like this https://www.redfin.com/CA/Irvine/113-Mangrove-Banks-92620/home/112724489
that sold at $2.14M. This one is a squasi SFR and similar lot size to the IP new construction.
The IP one may get some incentives to the buyer considering it's been on the market for a while.
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CalBears96
Well-known member
I don't know where you get that "$750k over similar homes elsewhere in Irvine" from?
Are you seriously saying that there are ~2400 sq ft SFR homes selling for $1.4M in Irvine? Seriously?
There are several over in the Great Park. Some are new construction, some are resales.
Here is one:
What you are missing is timing. Go back 4 years ago then you’d get $750k less..may be.
Nope. There are a few listings in Great Park. Plus several new builds over there around that size and priced well under $2M. Solis park has homes almost 3,000 sq ft for about $1.6M.
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You cant be seriously comparing 3 story GP condos to SFR can you? One more fact, GP homes tend to be little cheaper than surrounding area because of high mello-roos tax.
Show me the listings to back up your claim.
Yes, I seriously am. They aren't all condos. A SFR is a standalone home with its own 4 walls, no? Here you go.
173 Biome, Irvine, CA
House located at 173 Biome, Irvine, CA 92618. View sales history, tax history, home value estimates, and overhead views.
9325 Astor, Irvine, CA 92618 - 4 beds/4.5 baths
(CRMLS) Sold: 4 beds, 4.5 baths, 2904 sq. ft. condo located at 9325 Astor, Irvine, CA 92618 sold for $1,658,505 on Aug 4, 2023. MLS# EV23038984. MLS#EV23038984 REPRESENTATIVE PHOTOS ADDED. July Completion!...
Lol i rest my case.Yes, I seriously am. They aren't all condos. A SFR is a standalone home with its own 4 walls, no? Here you go.
173 Biome, Irvine, CA
House located at 173 Biome, Irvine, CA 92618. View sales history, tax history, home value estimates, and overhead views.
9325 Astor, Irvine, CA 92618 - 4 beds/4.5 baths
(CRMLS) Sold: 4 beds, 4.5 baths, 2904 sq. ft. condo located at 9325 Astor, Irvine, CA 92618 sold for $1,658,505 on Aug 4, 2023. MLS# EV23038984. MLS#EV23038984 REPRESENTATIVE PHOTOS ADDED. July Completion!...
How so?Lol i rest my case.
irvinehopeful
New member
This may be too good to be true... seems too low
26 Los Indios, Irvine, CA 92618 - 4 beds/3 baths
(CRMLS) Sold: 4 beds, 3 baths, 2339 sq. ft. house located at 26 Los Indios, Irvine, CA 92618 sold for $1,510,000 on Apr 17, 2023. MLS# OC23040678. Welcome to 26 Los Indios, a stunning 4-bedroom + loft, 3-b...
Irvinehomeseeker
Active member
That one looks like a steal at that low price.This may be too good to be true... seems too low
26 Los Indios, Irvine, CA 92618 - 4 beds/3 baths
(CRMLS) Sold: 4 beds, 3 baths, 2339 sq. ft. house located at 26 Los Indios, Irvine, CA 92618 sold for $1,510,000 on Apr 17, 2023. MLS# OC23040678. Welcome to 26 Los Indios, a stunning 4-bedroom + loft, 3-b...
CalBears96
Well-known member
Yeah, no. A SFR MUST have a driveway. My Bluffs 2 is called a detached condo because I don't have a driveway.Yes, I seriously am. They aren't all condos. A SFR is a standalone home with its own 4 walls, no? Here you go.
173 Biome, Irvine, CA
House located at 173 Biome, Irvine, CA 92618. View sales history, tax history, home value estimates, and overhead views.
9325 Astor, Irvine, CA 92618 - 4 beds/4.5 baths
(CRMLS) Sold: 4 beds, 4.5 baths, 2904 sq. ft. condo located at 9325 Astor, Irvine, CA 92618 sold for $1,658,505 on Aug 4, 2023. MLS# EV23038984. MLS#EV23038984 REPRESENTATIVE PHOTOS ADDED. July Completion!...
CalBears96
Well-known member
Very small lot, but yes, it does seem to be too good to be true. Maybe it's too good to be true.This may be too good to be true... seems too low
26 Los Indios, Irvine, CA 92618 - 4 beds/3 baths
(CRMLS) Sold: 4 beds, 3 baths, 2339 sq. ft. house located at 26 Los Indios, Irvine, CA 92618 sold for $1,510,000 on Apr 17, 2023. MLS# OC23040678. Welcome to 26 Los Indios, a stunning 4-bedroom + loft, 3-b...
usctrojancpa
Well-known member
This may be too good to be true... seems too low
26 Los Indios, Irvine, CA 92618 - 4 beds/3 baths
(CRMLS) Sold: 4 beds, 3 baths, 2339 sq. ft. house located at 26 Los Indios, Irvine, CA 92618 sold for $1,510,000 on Apr 17, 2023. MLS# OC23040678. Welcome to 26 Los Indios, a stunning 4-bedroom + loft, 3-b...
That one will close for above $1.5m easy.
The Motor Court Company
Well-known member
not really. Your Bluffs2 is legally a detached condo because of common land ownership, in this case the motor court. I've seen some old SFRs in Irvine that do not have driveway but the street they are on is public street so they are not condos.
The Motor Court Company
Well-known member
close proximity to 133 especially sitting above the tract; I think this particular TM development have been the cheapest SFRs in all the new villages in North Irvine.