What's going into escrow - Irvine and maybe some Tustin too

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[quote author="tenmagnet" date=1208820633][quote author="ipoplaya" date=1208818838][quote author="tenmagnet" date=1208816806]14 Mar Vista is sweet, knew it wouldn?t last long.

Was surprised to see it get taken down so fast though.

Even in a tough market, quality sells and this one was definitely quality.

Only drawback for me was the lack of size.

Ipop, you should?ve made a run at this one.

Maybe, the price was too high but much better than Sunnyvale.</blockquote>


You know me man, hater of traffic noise, so anything that backs up to a significant street is a no-no. That house would have to be $800K to get me to live on Culver. I drove that stretch of Culver 3-4 times yesterday, no slower than 50-60mph every time. I am much more keen on interior locations.</blockquote>


You?re kidding right?

Either that or you?ve completely lost your mind.

You considered or made a $950K offer on Sunnyvale,

but you think Mar Vista is worth $800K

Mar Vista got taken down fast because it?s a quality/ trophy house.

The 8 & 16 Sunnyvale are still withering away, can?t even attract a fly.

Mar Vista is much better, and you know it.</blockquote>


wait, you said over and over again this is not the right time to buy ? :vampire:
 
[quote author="tenmagnet" date=1208820633]

Mar Vista got taken down fast because it?s a quality/ trophy house.

The 8 & 16 Sunnyvale are still withering away, can?t even attract a fly.

Mar Vista is much better, and you know it.</blockquote>


Ten, you're right, Trophy house.



A trophy house is like a trophy wife. A quality house is a quality wife. In socal, rarely, one and the same.



Irvine's housing market being analogous to the club scene is ironically accurate.



IPO isn't looking for a trophy, he's looking for quality. Backing to Culver makes it a show house and not a good house, IMHO, for raising a family and spending quality family time in.
 
[quote author="No_Such_Reality" date=1208822003][quote author="tenmagnet" date=1208820633]

Mar Vista got taken down fast because it?s a quality/ trophy house.

The 8 & 16 Sunnyvale are still withering away, can?t even attract a fly.

Mar Vista is much better, and you know it.</blockquote>


Ten, you're right, Trophy house.



A trophy house is like a trophy wife. A quality house is a quality wife. In socal, rarely, one and the same.



Irvine's housing market being analogous to the club scene is ironically accurate.



IPO isn't looking for a trophy, he's looking for quality. Backing to Culver makes it a show house and not a good house, IMHO, for raising a family and spending quality family time in.</blockquote>


Trophy and quality are the same.

Just because it backs into Culver has nothing to do with raising a family.

In this tough market, if you chose to, it affords one the opportunity to reach out and go for the best.

Rather than the mediocre, which IMO the homes on Sunnyvale are.



Just like the Lakers, at the beginning of the season they were mediocre at best.

In life you?ve got to constantly be looking to make the moves that will bring you the ring.

They weren?t idle, being content with the mediocre team they had.



Maybe they would?ve made the playoffs as the 8 seed.

They embraced the ?Winning is now? mentality, made the Gasol trade

Now they?re on the verge of hoisting another trophy.

That?s how winner?s think and why they continue to win.

You?ve got to reach out and grab the ring.
 
[quote author="tenmagnet" date=1208820633][quote author="ipoplaya" date=1208818838][quote author="tenmagnet" date=1208816806]14 Mar Vista is sweet, knew it wouldn?t last long.

Was surprised to see it get taken down so fast though.

Even in a tough market, quality sells and this one was definitely quality.

Only drawback for me was the lack of size.

Ipop, you should?ve made a run at this one.

Maybe, the price was too high but much better than Sunnyvale.</blockquote>


You know me man, hater of traffic noise, so anything that backs up to a significant street is a no-no. That house would have to be $800K to get me to live on Culver. I drove that stretch of Culver 3-4 times yesterday, no slower than 50-60mph every time. I am much more keen on interior locations.</blockquote>


You?re kidding right?

Either that or you?ve completely lost your mind.

You considered or made a $950K offer on Sunnyvale,

but you think Mar Vista is worth $800K

Mar Vista got taken down fast because it?s a quality/ trophy house.

The 8 & 16 Sunnyvale are still withering away, can?t even attract a fly.

Mar Vista is much better, and you know it.</blockquote>


Totally disagree that Mar Vista is much better than the Sunnyvales. I love the look and size of Mar Vista. It wins handily on show value. But if you said to me today "IPO, all three of these will each take a price of $900K today", I'd select 16 Sunnyvale due to its nice interior location and backing to a small green belt area... If I'm going to drop that kind of coin on a house, no way I want to be backed up to a six lane street. When I have the friends over for a BBQ, I'd prefer we not have to yell at each other when a WRX with mod exhaust comes whizzing by.



You can upgrade floors, finishings, and fixtures, you can't do $hit about location...
 
Doesn't that property Mar Vista back to Culver? Perhaps it should be called "Culver Vista" or "Neighbor Vista." I don't think you're going to see the ocean from here. When I think of Irvine, the last thing that comes to mind is a trophy wife.
 
[quote author="tenmagnet" date=1208823147][quote author="No_Such_Reality" date=1208822003][quote author="tenmagnet" date=1208820633]

Mar Vista got taken down fast because it?s a quality/ trophy house.

The 8 & 16 Sunnyvale are still withering away, can?t even attract a fly.

Mar Vista is much better, and you know it.</blockquote>


Ten, you're right, Trophy house.



A trophy house is like a trophy wife. A quality house is a quality wife. In socal, rarely, one and the same.



Irvine's housing market being analogous to the club scene is ironically accurate.



IPO isn't looking for a trophy, he's looking for quality. Backing to Culver makes it a show house and not a good house, IMHO, for raising a family and spending quality family time in.</blockquote>


Trophy and quality are the same.

Just because it backs into Culver has nothing to do with raising a family.

In this tough market, if you chose to, it affords one the opportunity to reach out and go for the best.

Rather than the mediocre, which IMO the homes on Sunnyvale are.



Just like the Lakers, at the beginning of the season they were mediocre at best.

In life you?ve got to constantly be looking to make the moves that will bring you the ring.

They weren?t idle, being content with the mediocre team they had.



Maybe they would?ve made the playoffs as the 8 seed.

They embraced the ?Winning is now? mentality, made the Gasol trade

Now they?re on the verge of hoisting another trophy.

That?s how winner?s think and why they continue to win.

You?ve got to reach out and grab the ring.</blockquote>


Think about it ten, why does 21 Upland languish? It's beautiful inside is it not? 3600sf and a large lot for Irvine right? One on Pacific Grove that was 2800sf sold for $1.05M. Surely Upland, with 800 more sf, nicer lot and better finishings should find a buyer at $1.25M. The problem, it sides to a major street. That's why it hasn't gotten taken down yet. If 21 Upland was in a nice interior location and priced at $1.25M, I can guarantee you it would have been in escrow in Feb after their last price drop.
 
[quote author="lendingmaestro" date=1208823394]Doesn't that property Mar Vista back to Culver? Perhaps it should be called "Culver Vista" or "Neighbor Vista." I don't think you're going to see the ocean from here. When I think of Irvine, the last thing that comes to mind is a trophy wife.</blockquote>


Indeed it does. When Orchard Hills is built out, thousands of additional cars will likely drive past the backyard of that house every day.
 
[quote author="ipoplaya" date=1208824047][quote author="lendingmaestro" date=1208823394]Doesn't that property Mar Vista back to Culver? Perhaps it should be called "Culver Vista" or "Neighbor Vista." I don't think you're going to see the ocean from here. When I think of Irvine, the last thing that comes to mind is a trophy wife.</blockquote>


Indeed it does. When Orchard Hills is built out, thousands of additional cars will likely drive past the backyard of that house every day.</blockquote>


Ipop,



We?re not talking about 21 Upland.

We?re discussing Mar Vista.



If it wasn?t all that, then it certainly would?ve languished on the market longer, wouldn?t you agree?

The fact remains it was taken down fast, inferior location or otherwise.

Regarding, Upland, if that seller weren?t so stubborn and cut the price it would move.
 
Tryhttp://ipoplaya.com/(Irvine/Tustin only)

Or, I have found you can often type the address into google.com (ex. 123 StreetName and zipcode) and click on the cached link - sometimes if it's a recent sale you can find the real estate website's cached info on it.
 
Here is the Mar Vista listing under discussion:



<a href="http://www.trulia.com/property/1057142404-14-Mar-Vis-Irvine-CA-92602">14 Mar Vista</a>
 
[quote author="tenmagnet" date=1208825900][quote author="ipoplaya" date=1208824047][quote author="lendingmaestro" date=1208823394]Doesn't that property Mar Vista back to Culver? Perhaps it should be called "Culver Vista" or "Neighbor Vista." I don't think you're going to see the ocean from here. When I think of Irvine, the last thing that comes to mind is a trophy wife.</blockquote>


Indeed it does. When Orchard Hills is built out, thousands of additional cars will likely drive past the backyard of that house every day.</blockquote>


Ipop,



We?re not talking about 21 Upland.

We?re discussing Mar Vista.



If it wasn?t all that, then it certainly would?ve languished on the market longer, wouldn?t you agree?

The fact remains it was taken down fast, inferior location or otherwise.

Regarding, Upland, if that seller weren?t so stubborn and cut the price it would move.</blockquote>


Some people don't mind backing to streets. They like the privacy of not having someone behind them. They willingly trade the increased noise for the privacy. You can probably empathize. As a general rule though, those people are in the minority. Most will go for a quiet interior location price being relatively equal and trade some square footage, some upgrades, etc. for not having to keep their windows closed at night.



Mar Vista was brought on cheap relative to other listings in NP, that's why it got into escrow. It's not a coincidence that Upland and Mar Vista were/are the lowest per sf prices of larger NP homes. Everyone else there is still sitting at more like $400 per sf. Maybe they brought it on cheaper due to motivation or maybe they brought it on cheaper because they realized that the average million-dollar home buyer would prefer not to back to Culver...



We'll never know, but let's take a crack at sale price. You think they got near list, i.e. north of $1.1M?
 
[quote author="ipoplaya" date=1208827970][quote author="tenmagnet" date=1208825900][quote author="ipoplaya" date=1208824047][quote author="lendingmaestro" date=1208823394]Doesn't that property Mar Vista back to Culver? Perhaps it should be called "Culver Vista" or "Neighbor Vista." I don't think you're going to see the ocean from here. When I think of Irvine, the last thing that comes to mind is a trophy wife.</blockquote>


Indeed it does. When Orchard Hills is built out, thousands of additional cars will likely drive past the backyard of that house every day.</blockquote>


Ipop,



We?re not talking about 21 Upland.

We?re discussing Mar Vista.



If it wasn?t all that, then it certainly would?ve languished on the market longer, wouldn?t you agree?

The fact remains it was taken down fast, inferior location or otherwise.

Regarding, Upland, if that seller weren?t so stubborn and cut the price it would move.</blockquote>


Some people don't mind backing to streets. They like the privacy of not having someone behind them. They willingly trade the increased noise for the privacy. You can probably empathize. As a general rule though, those people are in the minority. Most will go for a quiet interior location price being relatively equal and trade some square footage, some upgrades, etc. for not having to keep their windows closed at night.



Mar Vista was brought on cheap relative to other listings in NP, that's why it got into escrow. It's not a coincidence that Upland and Mar Vista were/are the lowest per sf prices of larger NP homes. Everyone else there is still sitting at more like $400 per sf. Maybe they brought it on cheaper due to motivation or maybe they brought it on cheaper because they realized that the average million-dollar home buyer would prefer not to back to Culver...



We'll never know, but let's take a crack at sale price. You think they got near list, i.e. north of $1.1M?</blockquote>


I?m not saying Mar Vista is superior because it backs to Culver.

Obviously, if it were situated further in, it would command a stronger premium.

That goes without saying.



My point is that this house is beautiful both in looks and prestige.

I would move on this over others that are further in like the ones on Sunnyvale.

It?s a gorgeous house with terrific curb appeal.



That fact that it borders Culver is a secondary concern and would only bother me if another one like it were located further in and at the same price point.

Clearly, I would take that one over the same/ identical one that backs Culver.
 
[quote author="tenmagnet" date=1208833375]

My point is that this house is beautiful both in looks and prestige.

</blockquote>


Prestige? You must be kidding. It's a tract home. Better looking than many tract homes, but IMHO, a little ostentatious given it's built in the middle of a suburban cube farm. Look at the overhead map view.
 
[quote author="No_Such_Reality" date=1208833876][quote author="tenmagnet" date=1208833375]

My point is that this house is beautiful both in looks and prestige.

</blockquote>


Prestige? You must be kidding. It's a tract home. Better looking than many tract homes, but IMHO, a little ostentatious given it's built in the middle of a suburban cube farm. Look at the overhead map view.</blockquote>
he's been living in a fantasy land...

you want prestige, move to newport cove or newport harbor.
 
[quote author="No_Such_Reality" date=1208833876]



. . . given it's built in the middle of a suburban cube farm.</blockquote>


"Suburban cube farm."



Ooooh... that is a <em>great</em> phrase. I will be using that quite a bit, I think.
 
[quote author="irvinehomeowner" date=1208834181][quote author="No_Such_Reality" date=1208833876][quote author="tenmagnet" date=1208833375]

My point is that this house is beautiful both in looks and prestige.

</blockquote>


Prestige? You must be kidding. It's a tract home. Better looking than many tract homes, but IMHO, a little ostentatious given it's built in the middle of a suburban cube farm. Look at the overhead map view.</blockquote>
he's been living in a fantasy land...

you want prestige, move to newport cove or newport harbor.</blockquote>


The thread says Irvine/Tustin not Newport.

A similar type home in Newport would certainly cost substantially more

Since you don?t live there you wouldn?t know that.

Because you?re handle says Irvine homeowner.

Now go back to organizing your record collection and leave this thread to the pros.
 
[quote author="tenmagnet" date=1208834862][quote author="irvinehomeowner" date=1208834181][quote author="No_Such_Reality" date=1208833876][quote author="tenmagnet" date=1208833375]

My point is that this house is beautiful both in looks and prestige.

</blockquote>


Prestige? You must be kidding. It's a tract home. Better looking than many tract homes, but IMHO, a little ostentatious given it's built in the middle of a suburban cube farm. Look at the overhead map view.</blockquote>
he's been living in a fantasy land...

you want prestige, move to newport cove or newport harbor.</blockquote>


The thread says Irvine/Tustin not Newport.

A similar type home in Newport would certainly cost substantially more

Since you don?t live there you wouldn?t know that.

Because you?re handle says Irvine homeowner.

Now go back to organizing your record collection and leave this thread to the pros.</blockquote>
Until the pros knows how to type "you're handle" correctly then the pros should just STFU.
 
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