Saturday, September 23, 2006

Sacramento: 2006-09-23 Part I


3490 BARBERRY Ln
Sacramento, CA 95864
Total Loss: $620,000Percent Loss: 31.0%
Asking Price: $1,380,000
Bedrooms:5    Baths: 4    Sq. feet:5265

Asking Price Changes:
Down 17.6% from $1,675,000 On 05-12
Down 8.0% from $1,499,500 On 06-16
Down 0.4% from $1,385,000 On 07-15

Previous Sales:
Sold on 2006-05-03 for $2,000,000

MLS# 60078569      Google Maps
Assessed Value       Property Tax Bill



6828 22nd St
Rio Linda, CA 95673
Total Loss: $245,000Percent Loss: 47.6%
Asking Price: $270,000
Bedrooms:2    Baths: 1    Sq. feet:900

Asking Price Changes:
Down 11.5% from $305,000 On 06-30
Down 8.5% from $295,000 On 07-22
Down 5.3% from $285,000 On 08-19

Previous Sales:
Sold on 2006-03-27 for $515,000

MLS# 60069828      Google Maps
Assessed Value       Property Tax Bill



901 O St
Rio Linda, CA 95673
Total Loss: $186,000Percent Loss: 29.8%
Asking Price: $439,000
Bedrooms:4    Baths: 2    Sq. feet:2160

Previous Sales:
Sold on 2005-03-31 for $625,000

MLS# 60097957      Google Maps
Assessed Value       Property Tax Bill



5330 Agate Way
Carmichael, CA 95608
Total Loss: $130,050Percent Loss: 20.8%
Asking Price: $494,950
Bedrooms:2    Baths: 1    Sq. feet:2000

Previous Sales:
Sold on 2004-11-15 for $625,000

MLS# 60057353      Google Maps



12045 Mandolin Way
Rancho Cordova, CA 95742
Total Loss: $119,000Percent Loss: 17.3%
Asking Price: $570,000
Bedrooms:5    Baths: 3    Sq. feet:2821

Asking Price Changes:
Down 18.0% from $695,000 On 04-09
Down 13.6% from $660,000 On 06-01
Down 4.2% from $595,000 On 07-15

Previous Sales:
Sold on 2006-02-16 for $689,000

MLS# 60017236      Google Maps
Assessed Value       Property Tax Bill



7217 Pine Grove Way
Folsom, CA 95630
Total Loss: $115,000Percent Loss: 15.0%
Asking Price: $650,000
Bedrooms:4    Baths: 3    Sq. feet:3254

Asking Price Changes:
Down 6.9% from $698,000 On 09-02

Previous Sales:
Sold on 2006-03-01 for $765,000

MLS# 60099754      Google Maps



8756 Rubystone Ct
Elk Grove, CA 95624
Total Loss: $110,000Percent Loss: 20.2%
Asking Price: $435,000
Bedrooms:3    Baths: 2    Sq. feet:1900

Asking Price Changes:
Down 2.2% from $445,000 On 07-28

Previous Sales:
Sold on 2005-12-02 for $545,000

MLS# 60083355      Google Maps
Assessed Value       Property Tax Bill



9308 Engleside Ct
Elk Grove, CA 95758
Total Loss: $107,500Percent Loss: 19.1%
Asking Price: $455,000
Bedrooms:4    Baths: 3    Sq. feet:2126

Asking Price Changes:
Down 16.1% from $542,000 On 06-16
Down 11.7% from $515,000 On 07-15
Down 6.2% from $485,000 On 08-14
Down 4.2% from $475,000 On 09-02

Previous Sales:
Sold on 2005-08-15 for $562,500

MLS# 60064506      Google Maps
Assessed Value       Property Tax Bill



104 Herrill Ct
Folsom, CA 95630
Total Loss: $104,600Percent Loss: 20.3%
Asking Price: $409,900
Bedrooms:3    Baths: 2    Sq. feet:1913

Asking Price Changes:
Down 9.9% from $454,900 On 07-22

Previous Sales:
Sold on 2005-10-07 for $514,500

MLS# 60079635      Google Maps
Assessed Value       Property Tax Bill



8800 Creek Oaks Ln
Orangevale, CA 95662
Total Loss: $100,000Percent Loss: 8.3%
Asking Price: $1,100,000
Bedrooms:5    Baths: 3    Sq. feet:5000

Asking Price Changes:
Down 15.1% from $1,295,000 On 05-04
Down 13.7% from $1,275,000 On 06-01
Down 12.4% from $1,255,000 On 07-08

Previous Sales:
Sold on 2003-11-19 for $1,000,000
Sold on 2006-03-24 for $1,200,000

MLS# 60101736      Google Maps
Assessed Value       Property Tax Bill



6500 Larchmont Dr
North Highlands, CA 95660
Total Loss: $91,000Percent Loss: 27.6%
Asking Price: $239,000
Bedrooms:3    Baths: 2    Sq. feet:1120

Asking Price Changes:
Down 7.7% from $259,000 On 09-09
Down 4.0% from $249,000 On 09-16

Previous Sales:
Sold on 2006-03-23 for $330,000

MLS# 60100568      Google Maps
Assessed Value       Property Tax Bill



4211 Brookfield Dr
Sacramento, CA 95823
Total Loss: $90,100Percent Loss: 36.0%
Asking Price: $159,900
Bedrooms:2    Baths: 1    Sq. feet:1116

Asking Price Changes:
Down 11.1% from $179,900 On 04-09
Down 8.6% from $174,900 On 05-20
Down 5.9% from $169,900 On 06-01
Down 3.0% from $164,900 On 06-30

Previous Sales:
Sold on 2004-08-03 for $76,000
Sold on 2004-10-28 for $250,000

MLS# 60032425      Google Maps
Assessed Value       Property Tax Bill



2010 Bonavista Way
Sacramento, CA 95832
Total Loss: $80,100Percent Loss: 19.5%
Asking Price: $329,900
Bedrooms:3    Baths: 2    Sq. feet:1638

Asking Price Changes:
Down 8.1% from $359,000 On 04-27

Previous Sales:
Sold on 2004-04-19 for $263,500
Sold on 2005-05-31 for $410,000

MLS# 60041760      Google Maps
Assessed Value       Property Tax Bill



5220 Mckellar Ave
Sacramento, CA 95824
Total Loss: $75,050Percent Loss: 30.6%
Asking Price: $169,950
Bedrooms:2    Baths: 1    Sq. feet:708

Asking Price Changes:
Down 19.1% from $209,950 On 09-02
Down 10.5% from $189,950 On 09-09

Previous Sales:
Sold on 2005-07-15 for $245,000

MLS# 60099834      Google Maps
Assessed Value       Property Tax Bill



6016 14th St
Sacramento, CA 95822
Total Loss: $74,000Percent Loss: 16.5%
Asking Price: $375,000
Bedrooms:3    Baths: 2    Sq. feet:1456

Asking Price Changes:
Down 14.6% from $439,000 On 04-09
Down 10.5% from $419,000 On 09-02

Previous Sales:
Sold on 2005-02-18 for $364,000
Sold on 2005-07-25 for $449,000

MLS# 60107635      Google Maps
Assessed Value       Property Tax Bill



6829 Fruitridge Rd
Sacramento, CA 95820
Total Loss: $70,000Percent Loss: 20.6%
Asking Price: $270,000
Bedrooms:5    Baths: 2    Sq. feet:1843

Asking Price Changes:
Down 10.0% from $300,000 On 06-22

Previous Sales:
Sold on 2005-03-16 for $340,000

MLS# 60067432      Google Maps
Assessed Value       Property Tax Bill



8738 Lemas Rd
Sacramento, CA 95828
Total Loss: $69,010Percent Loss: 18.7%
Asking Price: $299,990
Bedrooms:3    Baths: 2    Sq. feet:1457

Asking Price Changes:
Down 14.3% from $349,900 On 08-14
Down 10.5% from $335,000 On 09-09

Previous Sales:
Sold on 2005-10-21 for $369,000

MLS# 60090511      Google Maps
Assessed Value       Property Tax Bill



3930 Balverne Ct
Antelope, CA 95843
Total Loss: $67,000Percent Loss: 15.7%
Asking Price: $359,000
Bedrooms:3    Baths: 2    Sq. feet:1893

Asking Price Changes:
Down 10.2% from $399,900 On 08-05

Previous Sales:
Sold on 2005-04-27 for $426,000

MLS# 60086685      Google Maps
Assessed Value       Property Tax Bill



3879 14th Ave
Sacramento, CA 95820
Total Loss: $66,100Percent Loss: 27.4%
Asking Price: $174,900
Bedrooms:2    Baths: 1    Sq. feet:885

Previous Sales:
Sold on 2003-08-21 for $134,000
Sold on 2005-10-12 for $241,000

MLS# 60106508      Google Maps
Assessed Value       Property Tax Bill



3337 Mas Amilos Way
Sacramento, CA 95835
Total Loss: $66,000Percent Loss: 13.6%
Asking Price: $419,000
Bedrooms:4    Baths: 2    Sq. feet:2078

Asking Price Changes:
Down 20.9% from $530,000 On 06-09
Down 14.5% from $490,000 On 07-22
Down 8.9% from $460,000 On 08-19
Down 3.7% from $435,000 On 09-09
Down 2.3% from $429,000 On 09-16

Previous Sales:
Sold on 2005-04-19 for $415,500
Sold on 2005-10-11 for $485,000

MLS# 60079721      Google Maps
Assessed Value       Property Tax Bill



3320 9th Ave
Sacramento, CA 95817
Total Loss: $65,100Percent Loss: 26.0%
Asking Price: $184,900
Bedrooms:2    Baths: 1    Sq. feet:936

Asking Price Changes:
Down 26.0% from $250,000 On 04-09
Down 14.0% from $214,900 On 06-16
Down 7.5% from $199,900 On 07-22
Down 2.6% from $189,900 On 08-14

Previous Sales:
Sold on 2005-06-30 for $250,000

MLS# 60065882      Google Maps



2713 16th St
Sacramento, CA 95818
Total Loss: $65,000Percent Loss: 13.3%
Asking Price: $425,000
Bedrooms:3    Baths: 1    Sq. feet:1168

Asking Price Changes:
Down 10.7% from $475,900 On 04-27
Down 7.1% from $457,500 On 06-09
Down 2.3% from $435,000 On 08-05

Previous Sales:
Sold on 2004-10-18 for $85,000
Sold on 2005-03-01 for $490,000

MLS# 60102174      Google Maps
Assessed Value       Property Tax Bill



6801 Grant Ave
Carmichael, CA 95608
Total Loss: $64,000Percent Loss: 16.5%
Asking Price: $325,000
Bedrooms:3    Baths: 2    Sq. feet:1240

Asking Price Changes:
Down 11.0% from $365,000 On 05-12

Previous Sales:
Sold on 2005-09-23 for $389,000

MLS# 60049963      Google Maps
Assessed Value       Property Tax Bill



3133 T St
Sacramento, CA 95816
Total Loss: $62,000Percent Loss: 9.7%
Asking Price: $578,000
Bedrooms:3    Baths: 2    Sq. feet:1739

Asking Price Changes:
Down 19.2% from $715,000 On 05-14
Down 1.2% from $585,000 On 09-02

Previous Sales:
Sold on 2005-09-30 for $640,000

MLS# 60099251      Google Maps
Assessed Value       Property Tax Bill



3311 Franklin Blvd
Sacramento, CA 95818
Total Loss: $61,000Percent Loss: 15.3%
Asking Price: $339,000
Bedrooms:4    Baths: 2    Sq. feet:1509

Previous Sales:
Sold on 2004-07-26 for $272,000
Sold on 2006-02-17 for $400,000

MLS# 60003190      Google Maps
Assessed Value       Property Tax Bill



8013 Hartwick Way
Sacramento, CA 95828
Total Loss: $60,100Percent Loss: 18.5%
Asking Price: $264,900
Bedrooms:4    Baths: 2    Sq. feet:1427

Asking Price Changes:
Down 26.4% from $360,000 On 04-09
Down 22.1% from $340,000 On 05-12
Down 3.7% from $275,000 On 08-05

Previous Sales:
Sold on 2005-05-10 for $325,000

MLS# 60070994      Google Maps
Assessed Value       Property Tax Bill



6549 RIO OSO Dr
Rancho Murieta, CA 95683
Total Loss: $60,000Percent Loss: 8.8%
Asking Price: $625,000
Bedrooms:3    Baths: 2    Sq. feet:2785

Asking Price Changes:
Down 2.3% from $640,000 On 05-18

Previous Sales:
Sold on 2003-12-17 for $548,000
Sold on 2005-04-04 for $685,000

MLS# 60051343      Google Maps
Assessed Value       Property Tax Bill



7109 Paul Do Mar Way
Elk Grove, CA 95757
Total Loss: $58,600Percent Loss: 10.0%
Asking Price: $529,900
Bedrooms:4    Baths: 3    Sq. feet:2984

Asking Price Changes:
Down 18.4% from $649,000 On 07-08
Down 15.1% from $624,000 On 07-15
Down 8.5% from $579,000 On 07-22
Down 5.2% from $559,000 On 08-05
Down 3.7% from $550,000 On 08-14

Previous Sales:
Sold on 2005-06-06 for $588,500

MLS# 60074230      Google Maps
Assessed Value       Property Tax Bill



2057 Danvers Way
Sacramento, CA 95832
Total Loss: $58,000Percent Loss: 14.2%
Asking Price: $350,000
Bedrooms:3    Baths: 2    Sq. feet:1662

Previous Sales:
Sold on 2004-12-15 for $332,000
Sold on 2005-08-12 for $408,000

MLS# 60104931      Google Maps
Assessed Value       Property Tax Bill



5046 53rd Ave
Sacramento, CA 95823
Total Loss: $56,100Percent Loss: 18.8%
Asking Price: $242,900
Bedrooms:3    Baths: 2    Sq. feet:1164

Previous Sales:
Sold on 2005-06-21 for $299,000

MLS# 60088558      Google Maps



9435 Soaring Oaks Dr
Elk Grove, CA 95758
Total Loss: $56,050Percent Loss: 16.0%
Asking Price: $294,950
Bedrooms:3    Baths: 2    Sq. feet:1154

Previous Sales:
Sold on 2005-06-13 for $351,000

MLS# 60107019      Google Maps
Assessed Value       Property Tax Bill



141 Briggs Ranch Dr
Folsom, CA 95630
Total Loss: $56,000Percent Loss: 8.7%
Asking Price: $589,000
Bedrooms:4    Baths: 3    Sq. feet:2020

Asking Price Changes:
Down 14.5% from $689,000 On 04-09

Previous Sales:
Sold on 2005-05-31 for $645,000

MLS# 60103744      Google Maps
Assessed Value       Property Tax Bill



2935 Azevedo Dr
Sacramento, CA 95833
Total Loss: $55,000Percent Loss: 14.5%
Asking Price: $325,000
Bedrooms:4    Baths: 2    Sq. feet:1484

Previous Sales:
Sold on 2004-05-28 for $270,000
Sold on 2005-01-21 for $340,000
Sold on 2005-10-14 for $380,000

MLS# 60106170      Google Maps
Assessed Value       Property Tax Bill



11769 Loisdale Way
Rancho Cordova, CA 95742
Total Loss: $54,500Percent Loss: 12.5%
Asking Price: $380,000
Bedrooms:4    Baths: 3    Sq. feet:2139

Asking Price Changes:
Down 20.7% from $479,000 On 08-05

Previous Sales:
Sold on 2005-10-28 for $434,500

MLS# 60106338      Google Maps
Assessed Value       Property Tax Bill



1030 Hildebrand Cir
Folsom, CA 95630
Total Loss: $54,000Percent Loss: 11.0%
Asking Price: $435,000
Bedrooms:3    Baths: 2    Sq. feet:1687

Asking Price Changes:
Down 18.7% from $535,000 On 05-20
Down 17.1% from $525,000 On 08-05
Down 5.2% from $459,000 On 09-02
Down 3.1% from $449,000 On 09-09

Previous Sales:
Sold on 2005-10-20 for $489,000

MLS# 60099658      Google Maps
Assessed Value       Property Tax Bill



7613 Muschetto Ct
Citrus Heights, CA 95621
Total Loss: $53,100Percent Loss: 15.5%
Asking Price: $289,900
Bedrooms:3    Baths: 2    Sq. feet:1316

Asking Price Changes:
Down 21.4% from $369,000 On 08-19
Down 10.2% from $323,000 On 08-26
Down 3.3% from $299,900 On 09-02
Down 1.7% from $294,900 On 09-09

Previous Sales:
Sold on 2005-05-13 for $343,000

MLS# 60094297      Google Maps
Assessed Value       Property Tax Bill



5855 13th St
Sacramento, CA 95822
Total Loss: $53,050Percent Loss: 10.3%
Asking Price: $459,950
Bedrooms:3    Baths: 2    Sq. feet:1907

Asking Price Changes:
Down 8.0% from $499,950 On 06-01

Previous Sales:
Sold on 2005-09-29 for $513,000

MLS# 60057500      Google Maps
Assessed Value       Property Tax Bill



2731 Gunn Rd
Carmichael, CA 95608
Total Loss: $51,500Percent Loss: 11.4%
Asking Price: $399,000
Bedrooms:3    Baths: 3    Sq. feet:1986

Previous Sales:
Sold on 2004-05-21 for $40,000
Sold on 2005-02-16 for $351,000
Sold on 2006-03-10 for $450,500

MLS# 60101140      Google Maps
Assessed Value       Property Tax Bill



4002 39th St
Sacramento, CA 95820
Total Loss: $51,100Percent Loss: 23.7%
Asking Price: $164,900
Bedrooms:3    Baths: 1    Sq. feet:925

Asking Price Changes:
Down 2.9% from $169,900 On 08-14

Previous Sales:
Sold on 2006-07-21 for $216,000

MLS# 60090401      Google Maps
Assessed Value       Property Tax Bill



79 Aiken Way
Sacramento, CA 95819
Total Loss: $51,000Percent Loss: 6.8%
Asking Price: $699,000
Bedrooms:5    Baths: 3    Sq. feet:2977

Previous Sales:
Sold on 2004-10-05 for $350,000
Sold on 2006-03-02 for $750,000

MLS# 50105178      Google Maps



4229 Alan Dr
North Highlands, CA 95660
Total Loss: $50,100Percent Loss: 16.2%
Asking Price: $259,900
Bedrooms:3    Baths: 1    Sq. feet:1013

Previous Sales:
Sold on 2004-07-27 for $228,000
Sold on 2005-09-15 for $310,000

MLS# 60091030      Google Maps



6564 Narrowgauge Way
Sacramento, CA 95823
Total Loss: $50,000Percent Loss: 13.7%
Asking Price: $315,000
Bedrooms:4    Baths: 2    Sq. feet:1542

Previous Sales:
Sold on 2005-05-31 for $365,000

MLS# 60103714      Google Maps
Assessed Value       Property Tax Bill



2925 Babson Dr
Elk Grove, CA 95758
Total Loss: $47,500Percent Loss: 10.6%
Asking Price: $400,000
Bedrooms:3    Baths: 3    Sq. feet:1735

Asking Price Changes:
Down 15.0% from $470,809 On 07-08
Down 11.1% from $450,000 On 07-22
Down 4.8% from $420,000 On 08-05
Down 2.4% from $410,000 On 09-02

Previous Sales:
Sold on 2005-03-31 for $447,500

MLS# 60075599      Google Maps
Assessed Value       Property Tax Bill



715 Stewart St
Folsom, CA 95630
Total Loss: $47,000Percent Loss: 8.6%
Asking Price: $498,000
Bedrooms:4    Baths: 2    Sq. feet:2523

Asking Price Changes:
Down 14.0% from $579,000 On 08-19
Down 5.1% from $525,000 On 09-09
Down 2.0% from $508,000 On 09-16

Previous Sales:
Sold on 2005-03-09 for $545,000

MLS# 60093641      Google Maps
Assessed Value       Property Tax Bill



5412 Ravine Creek Way
Elk Grove, CA 95758
Total Loss: $46,845Percent Loss: 10.7%
Asking Price: $392,000
Bedrooms:4    Baths: 3    Sq. feet:2267

Asking Price Changes:
Down 7.3% from $422,650 On 07-15
Down 2.7% from $402,900 On 08-26

Previous Sales:
Sold on 2005-05-17 for $410,000
Sold on 2005-09-27 for $519,000
Sold on 2006-06-23 for $438,845

MLS# 60077522      Google Maps
Assessed Value       Property Tax Bill



8168 Saddlebrook Ct
Sacramento, CA 95828
Total Loss: $46,000Percent Loss: 12.6%
Asking Price: $319,000
Bedrooms:4    Baths: 2    Sq. feet:1442

Previous Sales:
Sold on 2005-06-30 for $365,000

MLS# 60105083      Google Maps
Assessed Value       Property Tax Bill



10178 Clairina Way
Elk Grove, CA 95757
Total Loss: $45,100Percent Loss: 8.6%
Asking Price: $479,900
Bedrooms:4    Baths: 2    Sq. feet:2329

Asking Price Changes:
Down 2.1% from $489,999 On 05-14

Previous Sales:
Sold on 2004-09-01 for $333,500
Sold on 2005-11-01 for $525,000

MLS# 60074095      Google Maps
Assessed Value       Property Tax Bill



8817 Amberjack Way
Sacramento, CA 95828
Total Loss: $45,000Percent Loss: 9.2%
Asking Price: $445,000
Bedrooms:5    Baths: 2    Sq. feet:2504

Asking Price Changes:
Down 2.2% from $455,000 On 07-28

Previous Sales:
Sold on 2005-12-13 for $490,000

MLS# 60080382      Google Maps
Assessed Value       Property Tax Bill



942 Blackwell Way
Galt, CA 95632
Total Loss: $41,000Percent Loss: 9.3%
Asking Price: $399,000
Bedrooms:3    Baths: 2    Sq. feet:1691

Asking Price Changes:
Down 12.3% from $454,900 On 06-09
Down 11.3% from $449,900 On 06-30
Down 9.3% from $439,950 On 07-15
Down 9.3% from $439,850 On 08-05

Previous Sales:
Sold on 2005-06-14 for $440,000

MLS# 60087174      Google Maps
Assessed Value       Property Tax Bill



2034 Granite Bar Way
Gold River, CA 95670
Total Loss: $40,100Percent Loss: 5.8%
Asking Price: $649,900
Bedrooms:4    Baths: 2    Sq. feet:3100

Asking Price Changes:
Down 5.8% from $689,999 On 04-09
Down 4.4% from $679,900 On 06-22
Down 1.5% from $659,900 On 07-15

Previous Sales:
Sold on 2005-08-08 for $690,000

MLS# 60078865      Google Maps
Assessed Value       Property Tax Bill



2615 Burnaby Way
Sacramento, CA 95833
Total Loss: $39,100Percent Loss: 6.1%
Asking Price: $599,900
Bedrooms:4    Baths: 3    Sq. feet:2537

Asking Price Changes:
Down 11.1% from $675,000 On 04-09
Down 10.3% from $669,000 On 05-04
Down 7.6% from $649,000 On 05-25

Previous Sales:
Sold on 2005-05-02 for $639,000

MLS# 60042782      Google Maps
Assessed Value       Property Tax Bill



3820 Riviera Ln
Elk Grove, CA 95758
Total Loss: $39,000Percent Loss: 9.8%
Asking Price: $360,000
Bedrooms:3    Baths: 2    Sq. feet:1569

Previous Sales:
Sold on 2005-09-21 for $399,000

MLS# 60103880      Google Maps
Assessed Value       Property Tax Bill



91 Hermes Cir
Sacramento, CA 95823
Total Loss: $38,500Percent Loss: 13.3%
Asking Price: $250,000
Bedrooms:2    Baths: 2    Sq. feet:1027

Asking Price Changes:
Down 5.7% from $265,000 On 06-30

Previous Sales:
Sold on 2005-08-09 for $288,500

MLS# 60070649      Google Maps
Assessed Value       Property Tax Bill



8448 Palmerson Dr
Antelope, CA 95843
Total Loss: $38,000Percent Loss: 10.1%
Asking Price: $337,000
Bedrooms:3    Baths: 2    Sq. feet:1657

Asking Price Changes:
Down 17.8% from $410,000 On 04-09
Down 16.8% from $404,900 On 04-27
Down 18.6% from $414,000 On 08-14
Down 11.3% from $380,000 On 09-09

Previous Sales:
Sold on 2004-02-27 for $292,000
Sold on 2005-04-25 for $375,000

MLS# 60081489      Google Maps
Assessed Value       Property Tax Bill


Total 294 in Sacramento County
Go to Part II

15 comments :

Anonymous said...

Imagine, buying a 1,000 sf home for $300,000, only to find you can not sell it for $200,000 a year later. If you paid over $200/sf, chances are you're upside down.

There are real people represented on this list, who are genuinely trying to get ahead and own a piece of the American dream. It is a tragedy they are getting caught up in all this Flipper histeria.

Anonymous said...

Hi,
Is 3490 Barberry for real! Sold for $2m 3rd May, put back up for sale 1 week later for $1.685m!
Can this be right?

bubble_watcher said...

That $620,000 dollar haircut just boggles the mind..

Anonymous said...

Dude! the 2br 1bth

Sold on 2005-03-31 for $625,000

DIE DIE DIE!!! j/k

Abbington Funds said...

You might think about adding an estimated rate loss column that takes into account the broker fee (6%). i think you're trying to get at the total loss for the seller, and the broker fee is part of that.

Anonymous said...

Hi Max,

Great job!

Who developed your database?

Did they use PHP / MySQL?

Max said...

You might think about adding an estimated rate loss column that takes into account the broker fee (6%).

Not a bad idea. I've held off adding a 6% buffer to the criteria determining an FIT because there are a lot of agent/broker flippers out there, but adding a "Total Loss +6%" field would work OK. I'll look into it.

Max said...

Is 3490 Barberry for real! Sold for $2m 3rd May, put back up for sale 1 week later for $1.685m!
Can this be right?


That one jumped out at me too. AFAICT, the listing and past sales data are correct, though the seller might have split the lot and is selling the bigger piece with the orginal house. Can anybody out there verify this?

Max said...

Great job!

Thanks.

Who developed your database?

It's home-grown.

Did they use PHP / MySQL?

They'd be crazy not to.

AgentBubble said...

Max, here's the deal on 3490 Barberry from what I can tell:

4/18/05 Listed for 3,900,000
8/8/05 Relisted for 2,300,000
12/2/05 Relisted for 2,300,000
5/3/06 Sold for 2,000,000
7/3/06 Relisted for 1,595,000
7/13/06 Relisted for 1,385,000

It appears when it sold for 2,000,000 that there were a total of 3 lots included. Now, the owner is selling the house on two of those lots for 1,380,000 and the vacant third lot for 695,000. If he gets full price, that's a 75,000 profit BEFORE any closing costs. From the tax records, he's into it about 1,600,000. Assuming he pays 4% for all his closing costs, he'll lose about 8,000.

Max said...

Max, here's the deal on 3490 Barberry from what I can tell

Thanks, AB! That makes perfect sense. It's hard to weed out all the odd-ball listings...

Anonymous said...

Max, you have logged almost 40,000 visiters in just over 2 months. You are helping people to get a clue about this over priced market. When people stop to look at the real risks of buying in this cycle, they will see it makes no sense to pay $5,000/mon and then see it go down in value $250,000 in the next few years. Your blog helped me wake up and bail on a $840,000 property in January. It is STILL for sale and the asking has been reduced 23%!

Amazing. I could have tossed away a few good years of my total income and taken 10 more years to recover.

Thanks, JR

Bob Flippa said...

Great San Diego Housing Flip site

http://thisoldhouseflip.blogspot.com

Anonymous said...

These "total losss" numbers dont even include renovation dollars thrown into these money pits.

Anonymous said...

Good to see these dopes get toasted. had to listen to a few the last several years boasting how much money they were making.

KABOOM!