Newer Irvine listings with crazy WTF asking prices from equity sellers

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yaliu07 said:

This price is not outrageous, I think it will sell for close to this. 

Good/quiet location, decent upgrades and a 6,200 sq ft lot. 

Closing in November 2013 they were probably Phase 1 buyers.  I looked at Phase 2 Rosemist and I think Plan 2 starting (which I believe this is) was about $1.15M so they had already increased quite a bit from this buyers closing price.
 
aquabliss said:
yaliu07 said:

This price is not outrageous, I think it will sell for close to this. 

Good/quiet location, decent upgrades and a 6,200 sq ft lot. 

Closing in November 2013 they were probably Phase 1 buyers.  I looked at Phase 2 Rosemist and I think Plan 2 starting (which I believe this is) was about $1.15M so they had already increased quite a bit from this buyers closing price.

Agree.  Not crazy at all.  Considering this one is in escrow @ $517PSF
https://www.redfin.com/CA/Irvine/Undisclosed-address-92618/home/51683000
 
bones said:
aquabliss said:
yaliu07 said:

This price is not outrageous, I think it will sell for close to this. 

Good/quiet location, decent upgrades and a 6,200 sq ft lot. 

Closing in November 2013 they were probably Phase 1 buyers.  I looked at Phase 2 Rosemist and I think Plan 2 starting (which I believe this is) was about $1.15M so they had already increased quite a bit from this buyers closing price.

Agree.  Not crazy at all.  Considering this one is in escrow @ $517PSF
https://www.redfin.com/CA/Irvine/Undisclosed-address-92618/home/51683000
That's been listed at that price since Nov....I'll bet you it sells for under $500/sf.
 
USCTrojanCPA said:
Despite the fact that they are including all of the furniture and appliances, this seller is smoking a little crack thinking they can get get $839k for an ATTACHED version of San Mateo which doesn't even sell for $800k.  Why waste everyone's time?
https://www.redfin.com/CA/Irvine/193-Overbrook-92620/home/77166037

Mei-Ling Tao started the description with "To see is to believe!!" so please go see and perhaps you will believe.
 
aquabliss said:
USCTrojanCPA said:
Despite the fact that they are including all of the furniture and appliances, this seller is smoking a little crack thinking they can get get $839k for an ATTACHED version of San Mateo which doesn't even sell for $800k.  Why waste everyone's time?
https://www.redfin.com/CA/Irvine/193-Overbrook-92620/home/77166037

Mei-Ling Tao started the description with "To see is to believe!!" so please go see and perhaps you will believe.
I saw that too....I don't believe it already.  haha
 
nyc to oc said:
https://www.redfin.com/CA/Irvine/55-Gentry-92620/home/5950631

Asking 130K over sale price from 1 year ago. presumably with no changes/improvements since then, since the realtor has lifted some old photos from the previous listing, and adds in some prime photos of his own of multiple toilets with the seats up and toilet brush in the background. Love it.

I don't see what the problem is.  Looks like a $1.3M house to me:
2s65yqo.jpg
 
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