Introducing Phoenix Flippers In TroubleAs part of the ongoing efforts to document the collapse of the national real estate market, I am proud to announce
Phoenix Flippers In Trouble. Like its Sacramento cousin, this site is intended to provide a counterpoint to the
arguments made by real estate industry folks that there is no downside to real estate investing.
If you have any questions, I encourage you to first look at the FAQ posted on my Sacramento site before making a comment. I hope you find this information as informative as I have.
8112 Sacramento St Fair Oaks, CA 95628 | Total Loss: $380,000 | Percent Loss: 32.2% | Asking Price: $799,000 Bedrooms:4 Baths: 3 Sq. feet:3501Listing History: Down 36.1% from $1,250,000 On 2006-04-09 Down 33.4% from $1,199,000 On 2006-06-16 Down 32.2% from $1,179,000 On 2006-07-15 Down 27.3% from $1,099,000 On 2006-09-16 Down 32.2% from $1,179,000 On 2006-09-30 Down 48.4% from $1,549,000 On 2007-07-14 Down 33.4% from $1,200,000 On 2007-08-18
Days on market: 559 # of Times Listed: 6 Previous Sales: Sold on 2006-12-06 for $1,179,000
MLS# 70106494 Google Maps Assessed Value Property Tax Bill |
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9821 Trailhead Ct Wilton, CA 95693 | Total Loss: $324,600 | Percent Loss: 28.9% | Asking Price: $799,900 Bedrooms:5 Baths: 3 Sq. feet:4400Listing History: Down 40.7% from $1,350,000 On 2006-07-22 Down 39.6% from $1,325,000 On 2006-09-02 Down 38.4% from $1,299,000 On 2006-09-23 Down 27.2% from $1,099,000 On 2007-03-17 Down 10.6% from $895,000 On 2007-05-12 Down 5.9% from $849,900 On 2007-06-09
Days on market: 455 # of Times Listed: 4 Previous Sales: Sold on 2006-04-04 for $1,124,500
MLS# 70095369 Google Maps Assessed Value Property Tax Bill |
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7717 Victory Ave Sacramento, CA 95828 | Total Loss: $246,002 | Percent Loss: 44.7% | Asking Price: $304,900 Bedrooms:2 Baths: 1 Sq. feet:840Listing History: Down 30.7% from $440,000 On 2006-12-09 Down 29.1% from $430,000 On 2007-02-09 Down 27.4% from $419,900 On 2007-03-10 Down 22.8% from $394,900 On 2007-04-14 Down 14.1% from $354,900 On 2007-06-09 Down 7.6% from $329,900 On 2007-08-25
Days on market: 315 # of Times Listed: 2 Previous Sales: Sold on 2004-03-11 for $285,000 Sold on 2005-02-18 for $395,000 Sold on 2006-03-03 for $550,000 Sold on 2006-10-06 for $550,902
MLS# 60130352 Google Maps Assessed Value Property Tax Bill |
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9976 Pinot Gold Pl Elk Grove, CA 95624 | Total Loss: $213,500 | Percent Loss: 33.2% | Asking Price: $430,000 Bedrooms:4 Baths: 3 Sq. feet:3298Listing History: Down 30.1% from $615,000 On 2007-01-27 Down 28.3% from $599,999 On 2007-02-03 Down 21.7% from $549,000 On 2007-03-24 Down 18.9% from $530,000 On 2007-04-14 Down 16.5% from $515,000 On 2007-05-26 Down 13.8% from $499,000 On 2007-07-14
Days on market: 266 # of Times Listed: 5 Previous Sales: Sold on 2006-06-28 for $643,500
MLS# 70075127 Google Maps Assessed Value Property Tax Bill |
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10453 Hite Cir Elk Grove, CA 95757 | Total Loss: $209,500 | Percent Loss: 33.0% | Asking Price: $425,000 Bedrooms:5 Baths: 3 Sq. feet:3501Listing History: Down 29.0% from $599,000 On 2007-06-30 Down 22.6% from $549,000 On 2007-07-21 Down 19.7% from $529,000 On 2007-07-28 Down 14.8% from $499,000 On 2007-08-11 Down 11.3% from $479,000 On 2007-08-25 Down 8.6% from $465,000 On 2007-09-08 Down 6.6% from $455,000 On 2007-09-15 Down 2.3% from $435,000 On 2007-10-13
Days on market: 112 # of Times Listed: 2 Previous Sales: Sold on 2005-12-13 for $634,500
MLS# 70069180 Google Maps Assessed Value Property Tax Bill |
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7775 19th St Sacramento, CA 95832 | Total Loss: $200,000 | Percent Loss: 45.5% | Asking Price: $240,000 Bedrooms:4 Baths: 2 Sq. feet:1800Listing History: Down 27.1% from $329,000 On 2007-06-16 Down 25.0% from $320,000 On 2007-07-07 Down 19.7% from $299,000 On 2007-07-28 Down 15.8% from $285,000 On 2007-09-01 Down 12.7% from $275,000 On 2007-09-15 Down 7.7% from $260,000 On 2007-10-06
Days on market: 126 # of Times Listed: 2 Previous Sales: Sold on 2006-04-28 for $440,000
MLS# 70062055 Google Maps Assessed Value Property Tax Bill |
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50 Goldstone Cir Sacramento, CA 95834 | Total Loss: $199,000 | Percent Loss: 33.2% | Asking Price: $400,000 Bedrooms:5 Baths: 3 Sq. feet:2832Listing History: Down 38.5% from $650,000 On 2007-07-07 Down 36.5% from $630,000 On 2007-07-14 Down 34.4% from $610,000 On 2007-07-21 Down 32.2% from $590,000 On 2007-07-28 Down 29.8% from $570,000 On 2007-08-04 Down 27.3% from $550,000 On 2007-08-11 Down 21.6% from $510,000 On 2007-08-18 Down 18.4% from $490,000 On 2007-08-25 Down 14.9% from $470,000 On 2007-09-01 Down 11.1% from $450,000 On 2007-09-08 Down 7.0% from $430,000 On 2007-09-15 Down 4.8% from $420,000 On 2007-09-22 Down 2.4% from $410,000 On 2007-09-29
Days on market: 105 # of Times Listed: 2 Previous Sales: Sold on 2006-03-23 for $599,000
MLS# 70072046 Google Maps Assessed Value Property Tax Bill |
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4509 Winje Dr Antelope, CA 95843 | Total Loss: $185,000 | Percent Loss: 32.5% | Asking Price: $385,000 Bedrooms:4 Baths: 3 Sq. feet:2960Listing History: Down 23.0% from $499,900 On 2006-12-09 Down 30.0% from $549,900 On 2006-12-30 Down 27.3% from $529,900 On 2007-01-06 Down 27.3% from $529,800 On 2007-01-27 Down 33.9% from $582,600 On 2007-02-03 Down 34.2% from $585,000 On 2007-05-26 Down 22.8% from $499,000 On 2007-06-16 Down 19.6% from $479,000 On 2007-07-28 Down 3.5% from $399,000 On 2007-09-08
Days on market: 315 # of Times Listed: 5 Previous Sales: Sold on 2007-02-27 for $570,000
MLS# 70095693 Google Maps Assessed Value Property Tax Bill |
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7782 19th St Sacramento, CA 95832 | Total Loss: $180,000 | Percent Loss: 45.6% | Asking Price: $215,000 Bedrooms:3 Baths: 2 Sq. feet:1302Listing History: Down 32.6% from $319,000 On 2007-05-12 Down 28.1% from $299,000 On 2007-05-26 Down 24.6% from $285,000 On 2007-06-30 Down 18.9% from $265,000 On 2007-07-28 Down 14.0% from $250,000 On 2007-08-25 Down 10.4% from $240,000 On 2007-10-06
Days on market: 161 # of Times Listed: 2 Previous Sales: Sold on 2006-08-04 for $395,000 Sold on 2006-08-04 for $395,000
MLS# 70048595 Google Maps Assessed Value Property Tax Bill |
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9587 Sea Cliff Way Elk Grove, CA 95758 | Total Loss: $178,500 | Percent Loss: 34.4% | Asking Price: $340,000 Bedrooms:4 Baths: 2 Sq. feet:2056Listing History: Down 43.8% from $605,000 On 2006-04-09 Down 26.1% from $460,000 On 2006-05-04 Down 38.2% from $550,000 On 2006-05-12 Down 20.7% from $429,000 On 2007-05-12 Down 18.9% from $419,000 On 2007-05-26 Down 14.8% from $399,000 On 2007-06-23 Down 12.6% from $389,000 On 2007-07-14 Down 10.5% from $380,000 On 2007-08-11 Down 9.3% from $375,000 On 2007-08-18 Down 6.8% from $364,900 On 2007-09-29
Days on market: 559 # of Times Listed: 3 Previous Sales: Sold on 2005-11-09 for $518,500
MLS# 70051145 Google Maps Assessed Value Property Tax Bill |
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9470 Winding River Way Elk Grove, CA 95624 | Total Loss: $173,600 | Percent Loss: 30.5% | Asking Price: $394,900 Bedrooms:4 Baths: 3 Sq. feet:3058Listing History: Down 29.5% from $560,000 On 2007-02-24 Down 28.1% from $549,500 On 2007-04-14 Down 26.3% from $535,500 On 2007-05-19 Down 24.1% from $520,000 On 2007-07-14 Down 21.0% from $499,900 On 2007-08-04 Down 18.7% from $485,900 On 2007-09-15 Down 11.4% from $445,900 On 2007-10-06 Down 1.3% from $399,900 On 2007-10-13
Days on market: 238 # of Times Listed: 3 Previous Sales: Sold on 2005-04-22 for $568,500
MLS# 70082665 Google Maps Assessed Value Property Tax Bill |
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15007 Guadalupe Dr Rancho Murieta, CA 95683 | Total Loss: $172,500 | Percent Loss: 26.5% | Asking Price: $477,500 Bedrooms:5 Baths: 3 Sq. feet:2851Listing History: Down 31.8% from $699,900 On 2006-04-09 Down 29.7% from $679,000 On 2006-04-27 Down 26.0% from $645,000 On 2006-09-30 Down 17.7% from $579,900 On 2006-10-28 Down 17.1% from $576,000 On 2006-11-11 Down 16.2% from $569,900 On 2007-02-03 Down 15.5% from $565,000 On 2007-03-03 Down 13.2% from $550,000 On 2007-03-24 Down 12.4% from $545,000 On 2007-03-31 Down 11.4% from $539,000 On 2007-04-14 Down 4.5% from $499,900 On 2007-05-06 Down 3.5% from $495,000 On 2007-06-30
Days on market: 559 # of Times Listed: 6 Previous Sales: Sold on 2005-07-21 for $650,000
MLS# 70105415 Google Maps Assessed Value Property Tax Bill |
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10082 Cristo Dr Sacramento, CA 95829 | Total Loss: $170,050 | Percent Loss: 26.6% | Asking Price: $469,950 Bedrooms:5 Baths: 3 Sq. feet:3043Listing History: Down 21.7% from $599,950 On 2007-03-31 Down 18.4% from $575,950 On 2007-04-22 Down 14.5% from $549,950 On 2007-05-26 Down 10.5% from $524,950 On 2007-06-09 Down 6.0% from $499,950 On 2007-06-16 Down 4.3% from $490,950 On 2007-08-25 Down 3.3% from $485,950 On 2007-09-29
Days on market: 203 # of Times Listed: 5 Previous Sales: Sold on 2004-01-15 for $425,000 Sold on 2005-06-24 for $640,000
MLS# 70101360 Google Maps Assessed Value Property Tax Bill |
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8520 Giverny Cir Antelope, CA 95843 | Total Loss: $155,000 | Percent Loss: 35.2% | Asking Price: $285,000 Bedrooms:3 Baths: 2 Sq. feet:1970Listing History: Down 36.5% from $449,000 On 2007-08-04 Down 7.8% from $309,000 On 2007-08-18 Down 4.7% from $299,000 On 2007-08-25 Down 7.8% from $309,000 On 2007-09-01 Down 4.7% from $299,000 On 2007-09-15 Down 3.4% from $295,000 On 2007-09-29 Down 2.4% from $292,000 On 2007-10-06 Down 1.4% from $289,000 On 2007-10-13
Days on market: 77 # of Times Listed: 2 Previous Sales: Sold on 2005-09-09 for $440,000
MLS# 70083353 Google Maps Assessed Value Property Tax Bill |
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1952 Dawnelle Way Sacramento, CA 95835 | Total Loss: $152,000 | Percent Loss: 34.5% | Asking Price: $289,000 Bedrooms:3 Baths: 2 Sq. feet:1611Listing History: Down 12.2% from $329,000 On 2007-06-09 Down 9.4% from $319,000 On 2007-06-23 Down 8.3% from $315,000 On 2007-06-30 Down 5.2% from $305,000 On 2007-07-14 Down 2.0% from $295,000 On 2007-07-21 Down 3.7% from $300,000 On 2007-09-29
Days on market: 133 # of Times Listed: 3 Previous Sales: Sold on 2004-04-06 for $300,500 Sold on 2005-07-08 for $441,000
MLS# 70101696 Google Maps Assessed Value Property Tax Bill |
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Total 1210 in Sacramento County
Sum of Losses: $77,772,519