Properties to Feature on the Blog

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<p>A possible flip.</p>

<p>5 Mountain Ash, Irvine, CA 92604. For some reason, redfin list its address as 5 Ash Mtn (<a href="http://www.redfin.com/stingray/do/printable-listing?listing-id=889810">http://www.redfin.com/stingray/do/printable-listing?listing-id=889810</a>). I think the owner rents it out for a while before putting it on the market.</p>

<p> </p>
 
<p>Eva,</p>

<p>706 Park lane is a street one block north of Floral Park separated by the Santiago Creek River Bed. It is not in Floral Park. Just a half block north of this property are the Shea McMansions selling for 1.4 millions. The community of Floral Park banned Shea from using the name and ruining the reputation of Floral Park. You can see the Shea homes from the glass sound wall next to the 22 fwy/ 5 fwy transition.</p>
 
<p>Recent Irvine beauties:</p>

mls# listdate purchdtePrchprc listprice Address gainloss2

1 P585080 06/22/07 02/17/06 610000 564000 18 SAGAMORE (-79840)

2 S494997 06/30/07 05/09/06 720000 685000 68 ARCATA (-76100)

3 S495748 07/06/07 04/29/05 555000 545000 17 BURLINGAME (-42700)

4 S496450 07/10/07 04/27/05 750000 689900 3 DEL MAR #10 (-101494)

5 S496443 07/10/07 10/27/05 840000 799900 1 THORN HILL (-88094)

6 S497016 07/14/07 07/31/06 950000 849900 11 SOLSTICE (-151094)

7 S495849 07/05/07 05/10/06 525000 524900 1 CRESTHAVEN (-31594)

8 S497736 07/19/07 02/05/07 650000 640000 3 ACORN #85 (-48400)

9 S497538 07/18/07 04/25/06 701000 647900 30 LE VANTO (-91974)

10 P585358 06/25/07 05/31/06 699000 688888 15 SWEET RAIN (-51445)

11 C07105036 07/17/07 12/13/04 537000 439000 117 ALBERTI AISLE #315(-124340)

12 S493537 06/20/07 06/23/05 650000 624900 8 LILAC (-62594)

13 S497083 07/14/07 07/07/04 273000 265000 508 ORANGE BLOSSOM(-23900)

14 S497769 07/19/07 01/30/06 575000 530000 54 PAISLEY PLACE (-76800)

<p> </p>
 
<p>11 Solstice I thought was a foreclosure. I will double check later.</p>

<p>IR - Check out my latest comment on your Sharpsburg post.</p>
 
<p>11 Solstice sold at the foreclosure auction for $734,700.</p>

<p>3 Del Mar is a foreclosure too.</p>

<p>I believe 18 Sagamore and 68 Arcata are foreclosures too.</p>
 
ns2524 - Can I assume that the listed losses are the projected losses <b>if</b> the properties sell for the list price? And the losses could actually be greater when realized?
 
Yes, I was wondering how you came up with the figure as well.... are you calculating it selling at list and figuring a 6% Realtard (TM)commission?
 
<p>Not Irvine, but fun to watch regardless:</p>

<p><strong>13 PICA FLOR #59, Rancho Santa Margarita, CA 92688</strong></p>

<p><strong>List Price: $303,500</strong>


Sale History


06/06/2007: $358,000


08/25/2005: $365,000


04/01/2003: $210,055


02/07/2001: $147,000


08/18/1999: $121,500 </p>

<p>Where do y'all think this will settle? Closer to the 03 price or the 01 price?</p>
 
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