A few months back after this house was foreclosed for the second time, I went by and found a door open, and peeked inside for a quick look. There has been workers there ever since, so hopefully we’ll see it back on the market at some point – and maybe get an after-look?

Jim Klinge
Klinge Realty Group
Broker-Associate, Compass

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- 682 S. Coast Hwy 101, Suite #110
Encinitas, CA 92024 - (858) 997-3801 call or text
- klingerealty@gmail.com
CA DRE #01527365, CA DRE #00873197
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"Where do we begin..2020 has been a year for everyone. When COVID hit and shut down both my husband and my businesses, we were left with a mortgage and very little income coming in. We were stressed, scared and felt stuck. We made the hard decision to sell our home and move out of state. We contacted the Klinges' and spent a good hour going over what we hoped we could accomplish. Jim and Donna came over with comps in hand and suggestions on improvements to get our house ready for the market. It was overwhelming to think about, but Donna was there and one step ahead in every scenario. more "

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I consider myself a rather savvy buyer/seller. I've bought/sold 7 times in more "
I consider myself a rather savvy buyer/seller. I've bought/sold 7 times in more "

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"Jim and Donna Klinge are by far the most professional, personable and responsive realtors I have ever worked with. They provide VIP concierge level service in every area of the process of selling your home. My home was marketed so successfully that we received an offer the day after our first and only open house. Thanks to Jim's pricing and negotiating, our house is now the highest sold in our community... more "

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by user3647582
Will anyone do stated income loan on this house?
Off to the biggest little city in the world today.going to go win back some of the money that golman sachs stold from me.Have any of you seen capitalism, a love story?Saw it yesterday and still amazed that wall street runs this country, specifically goldman.Hope you like paying taxes so these crooks can have million dollar bonuses and create some more cdo’s.
Don’t sweat it Arizona, GS will eventually implode as they deserve to.
Phoney, fiat money systems have ALL collapsed, and that collapse is inevitable at this point. The jackpot question is… when?
“6,000 ft. of fixer”
Yikes! Any estimate on how much you’d have to put into that place after you bought it?
Jim, how about a contest on this one? Whoever guesses closest to SP wins. Or whoever guesses the close date (once we see the LP)?
And I’ve said it before, but fascinating blog. You always keep me thinking (and laughing) — thank you!
As someone looking in that area Jim, I have to say that I hate that house. You can’t really compare comps since it’s just so ugly inside and out. Just my opinion. I would take the land I guess, but it would be a total demolition job.
Fixer for sure: My guess is an easy $500k+ to get the house to a customized, FINISHED, condition comparable to higher end spec homes in the region.
Given its size, the $/sf should be heading towards apx $300/sf given no yard (larger house = lower psf). Thus, I would pay $1.9mm – $600k closing/repairs for $1.3 to ensure a safe investment.
Been watching the glut of homes in CV/West RB (santaluz/crosby/etc) and there are tons of 5k-7ksf homes in the $2mm-$3mm range and NOTHING is selling. Once it cracks it will settle in the $300/sf range which is replacement value of a nicely appointed spec home with landscaping/pool (thus dirt=$0 in todays market).
not there today, but headed there once the seller’s break the dam.
buy below replacement value to get a good long term investment!
Waste of space AND cramped. Sinks but no faucets. Try $100 a square foot.
Price did a good job considering the Ed Wood budget he had to work with. ,