Saturday, March 7th, 2009 at 7:07 AM
Hot Buy in Encinitas (?)
Posted on Saturday, March 7th, 2009 at 7:07 AM in Thinking of Buying? | 30 Comments » | 
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Did the original owner die in that place?
It must have been very hip in ’74. Looks like someone spent some money then and hasn’t dropped a dime into it since.
The yard actually looked nice… decent size, good for gardening. Quite the change from the 3000sqft with 6′ of yard around the perimeter you get in tract houses. it’s a shame you have to pick either/or for houses under 600k.
Chrisg | March 7th, 2009 at 7:13 amPENDING as of this morning. Show and sell!
GameAgent | March 7th, 2009 at 7:46 amPENDING??? Already??? I was thinking of buying that one just so I could have a leisure-suit theme party. I guess I missed my chance.
greenlander | March 7th, 2009 at 7:47 amNice view, nice yard but that two story behind this place might as well be a guard tower, it totally destroys any privacy. It doesn’t surprise me this place is pending, just a few months back people were paying this much for a Village Park single story backing up to major street. This is the spring bounce…it won’t last long and then we can expect the next leg down.
JE | March 7th, 2009 at 8:13 amThat actually made me sad. Someone probably put their heart into the place (a long time ago) and loved it, and died in it. And we’re making fun of it.
Of the many dumps I’ve seen now, this was at least just a cosmetic fixer. In a good ‘hood, that might not be that bad of a deal?
The “won’t last” cracks me up, too. If it’s going to sell fast, why does the agent care about me knowing that?
Aztec | March 7th, 2009 at 8:35 amI guess the smarmy comments by our host got the better of him this time. Is it really gone that fast?
Bar Leucadian | March 7th, 2009 at 9:48 amI thought “won’t last!” referred to the physical condition after 30 years of deferred mantainence.
Rob Dawg | March 7th, 2009 at 9:58 amJE,
Village Park has a mixture of run-down town home/condo/duplex units. 6 of the 9 homes we looked three years ago are in some form of foreclosure or will be soon. A house caught on ‘fire’ in VP last year and looking up the records, it just so happened to be in pre-foreclosure. A short cruise through the neighborhood and you will see work trucks/trailers and older non driven vehicles parked in the driveway and side streets. There has been a lot of turn over in the neighborhood which (to me, but not my Realtor) raised a caution flag. Now this house off Crest is in more established neighborhood, still near El Camino/Manchester so not sure of the road noise. I wouldn’t compare this hood to VP – would you Jim?
That said, up and over the hill there is the ‘Barrio’ and I would not come close to buying in that area either. However, the strange thing is there are pockets of good and bad, so pick your location wisely. Otherwise, you can buy a nice home and walk down the street and go clothes in your neighbors driveway and buy tamales out from behind the dinner on wheels white neighborhood van.
3clicks from da Beach | March 7th, 2009 at 10:05 amTwenty bucks it becomes available again.
M Santoro | March 7th, 2009 at 11:03 amPeople can be that stupid with the economy heading for another depression.
Sale Pending link:
GameAgent | March 7th, 2009 at 11:08 amhttp://www.sdlookup.com/MLS-090013148-1353_Ahlrich_Ave_Encinitas_Ca_92024
I was thinking maybe 150,000 for this charity case, considering the 100K I’d have to sink into it just to get out the stank…
569K?!?!?! And they say the bubble burst already…
Pending?!?!!!!! WTF?
Wow, just Wow... | March 7th, 2009 at 11:18 amYou know you’re going to be boycotted by the European Wall Builders Union, right? LOL
no bubble here | March 7th, 2009 at 11:35 amI’m with you Aztec, it made me sad thinking about a life gone by and all those memories in what looked like a family house. I think about my dad, who passed away last year, and how much pride he took in his manicuring the landscape and building stone walls on his property, also when we were teenagers, lovingly papering our rooms in that same 70′s style as in this house.
Bar Leucadian, I like Jim’s “smarmy” comments. Sometimes I spit the morning coffee on the screen ’cause I’m laughing so hard!
Jim, the paneling could be a plus if painted out. I had an old house with a paneled family room and some primer and paint did wonders. I like painted paneling because the texture is interesting and because you can affix any shelves and heavy articles to the walls and not have to worry about attaching to a stud.
no_techie | March 7th, 2009 at 11:54 amI don’t see any reason to be sad. From the looks of things (probate sale, original fittings and decor, no trendy remodeling jobs, no trashing of the place by angry residents fleeing foreclosure), the original owners put their own personal tastes into it and probably lived happy lives there, without a mortgage going underwater because they overpaid for it in a bubble or a lender sending them NODs because they sucked all the value out of it. And now that it’s come back down to a reasonable post-bubble price, there’s a good chance that it’ll be bought by new owners who can actually afford to put their own personal taste into it and live their own happy lives in it. Circle of life and all that.
GeneK | March 7th, 2009 at 12:32 pmGeneK, for me the grief is still fresh and things have a way of transporting me back to when I was younger. It’s hard to deal with losing a beloved parent, in spite of the circle of life and understanding that’s how the universe works, you just miss them and some things trigger sadness. My dad would 100% approve of the fiscal conservatism as he was so careful about spending money, but he would never expect my mom to live in a house that worn out…he would have insisted on new flooring, window coverings, appliances, all standard and nothing fancy, and painted over the wallpaper when it was no longer stylish!
no_techie | March 7th, 2009 at 1:01 pmJim,
wife and I LOVED that vid of the 1970′s decorated “time machine back to the ’70′s home”
Do please keep posting your home tour videos. They are great entertainment.
-Stockstradr
Stockstradr | March 7th, 2009 at 2:08 pmOf course! We all love the smarmy comments. Isnt that why we here?
Bar Leucadian | March 7th, 2009 at 2:22 pmI’m here for the shrimp and open bar.
Rob Dawg | March 7th, 2009 at 2:28 pmMe too, and tell the chef that I prefer a little extra horseradish in the cocktail sauce….
I’m going to do a follow-up post on this house going pending, and tie it in with Adam’s post at Piggington about the market heating up.
Jim the Realtor | March 7th, 2009 at 2:35 pmno_techie,
It’s been five years since my dad passed away and my mom sold their home to move to assisted living. It does take a while before you begin to get philosophicsl about life and death again.
Using my own parents as a basis for a wild guess, the relative condition of the exterior and interior cause me to speculate that the Mrs. of this couple has been gone for some time and the Mr. spent his last years puttering in his garden and leaving his comfortable memories intact on the inside. My Mom might have been just as likely as my Dad to never change the wallpaper, but only Dad could have lived with those carpets.
GeneK | March 7th, 2009 at 2:52 pmSometimes not having it fixed up is an advantage. The trouble with “upgrades” is you have to like what the seller did or you’re stuck paying for something you would rather not have.
No guilt about overhauling this one.
I’m a bit surprised it went pending so fast, but it does look like a good neighborhood, plus it’s a one story with a nice yard surrounded by one story homes. There is potential there. You can always change the house. Can’t change the neighborhood.
KC | March 7th, 2009 at 3:55 pmDo you think the investors in the Baja Condo-Hotel project who lost their deposits because Trump folded will now need a bailout from the US government?
Trump venture folds in Baja Mexico leaving buyers strapped:
But admiration for the celebrity developer has now turned into anger and disbelief as Trump’s luxury hotel-condo plan collapsed, leaving little more than a hole in the ground and investors out of their deposits, which totaled $32.2 million. Trump and his children heavily promoted the northern tip of Mexico’s Baja California coast.
“I went out and saw this site, and I was blown away by it,” Ivanka Trump told The Associated Press in June 2007. “From the minute I saw it, it was a deal I had to do.” He sold 188 units for $122 million the first day they went on a sale at a lavish event in a downtown San Diego hotel in December 2006.
Nathan | March 7th, 2009 at 4:06 pmWe also prefer just this kind of house. It’s far better to buy a house like this at a modest price than to hand over hard-earned money to some slimy flipper with their “pergraniteel” upgrades.
This is a home that was used for it’s intended purpose: for living in. It’s these homes — not “upgraded” and flipped multiple times — that will afford families who are looking for a HOME the opportunity to buy at a modest price (because the owners have paid it off instead of HELOC-ing everything out), and the new families can fix it up to their own liking.
CA renter | March 7th, 2009 at 6:54 pmThat’s funny about Trump. He’s never been anything more than a leveraged car salesman, and his punk daughter is only known because of her dad. If she had a different last name, she’d probably be a mail delivery clerk at a bank.
People who fall for Trump’s crap are fools.
Aztec | March 7th, 2009 at 8:01 pmAreas with two new cars in the driveway, HELOC’s to the hilt and young couples with designer jeans and t-shirts scare me. This is not one of those neighborhoods. But you go one mile up and over the scenery goes bad, then good, then bad, then good. Gotta love Encinitas. Cardiff is similar too and I would only consider moving west of the 5 – over the crest of the hill.
3clicks from da Beach | March 7th, 2009 at 8:10 pmI’m getting misty, sniff, kleenex please… that fine ship wall paper is the same paper that graced the walls of me first bedroom when I was a wee lad.
I haven’t seen that stuff for 35 years, talk about triggering memories… wow! If it falls out, I’ll buy it… for around 400K.
anonymous | March 7th, 2009 at 9:27 pmI’m getting misty, sniff, kleenex please… that fine ship wall paper is the same paper that graced the walls of me first bedroom when I was a wee lad.
You too? Seriously, Massachusetts and the early 1960s and that was my wallpaper. Too bad they pulled the chrome kitchen table with red formica top and chairs with red vinyl seats out.
Rob Dawg | March 8th, 2009 at 7:31 amMy grandparents had chrome kitch table with gray marble formica top and chairs.
It was still in mint condition when it went in the estate sale about 5 yrs back.
The Good Life | March 8th, 2009 at 7:46 amJim,
My wife and I love San Diego. Great weather, great views. But man, what you guys have to put up with for housing. The prices for what you get are truly ridiculous.
When people from California come here to Atlanta, they can’t believe what they can get for their money. Don’t get me wrong, Atlanta went off the deep end on the housing Ponzi scheme too, but the fundamentals in San Diego appear to totally unhinged.
Consultant | March 9th, 2009 at 7:09 amExcellent school district always helps….
Todd | March 9th, 2009 at 7:40 am