We have known Jim & Donna Klinge for over a dozen years, having met them in Carlsbad where our children went to the same school. As long time North County residents, it was a no- brainer for us to have the Klinges be our eyes and ears for San Diego real estate in general and North County in particular. As my military career caused our family to move all over the country and overseas to Asia, Europe and the Pacific, we trusted Jim and Donna to help keep our house in Carlsbad rented with reliable and respectful tenants for over 10 years.
Naturally, when the time came to sell our beloved Carlsbad home to pursue a rural lifestyle in retirement out of California, we could think of no better team to represent us than Jim and Donna. They immediately went to work to update our house built in 2004 to current-day standards and trends — in 2 short months they transformed it into a literal modern-day masterpiece. We trusted their judgement implicitly and followed 100% of their recommended changes. When our house finally came on the market, there was a blizzard of serious interest, we had multiple offers by the third day and it sold in just 5 days after a frenzied bidding war for 20% above our asking price! The investment we made in upgrades recommended by Jim and Donna yielded a 4-fold return, in the process setting a new high water mark for a house sold in our community.
In our view, there are no better real estate professionals in all of San Diego than Jim and Donna Klinge. Buying or selling, you must run and beg Jim and Donna Klinge to represent you! Our family will never forget Jim, Donna, and their whole team at Compass — we are forever grateful to them.
Let’s see how long it takes for the bank to put this on market:
http://www.sdlookup.com/Property-7CE3A347-12710_Monterey_Cypress_Way_San_Diego_CA_92130#114715
For anyone who wanted a preview of the “new” Brown years….
He’s out of the gate and after Prop 13 with regards to commercial and apartment buildings.
http://latimesblogs.latimes.com/california-politics/2011/01/gov-jerry-brown-talks-prop-13.html
I was told there was “water intrusion” and that was why the kitchen was removed.
http://www.sdlookup.com/Pictures-100063340#2
Jim: How much in your mind would being next to the freeway and water intrusion reduce the price for this house over a comparable one without those issues?
Second: If the kitchen is still in the shape shown in the pictures, does that mean a buyer would have to pay all cash or could they get financing?
Got one coming soon Jim, let me know if you want to do a fly by.
Kathy,
Thanks for including the photos – they are older, and the bank has since rebuilt the kitchen. The workers were painting the cabinets, and it was too noisy to include in the video.
The 1,245sf REO house I had listed on Paseo Ajanta was similar – it backed to the I-15 with a tall wall in between, AND had a water leak during the listing, which the bank fixed.
I don’t think in the end there was much dropoff in price. There was a 4 br that closed the same month for 14% more that didn’t back to the freeway, but the lower end was hot at the time and the scrutiny was lower.
I might have gotten lucky – mine had been on the market for 76 days, and today there is a 4br 1,600sf active listing across the street for $399,000 that’s not selling.
Generally there should be at least a 10% hit for either freeway or flood damage if you ask me.
There have been 3 closings of this model in the video since March; $717,000, $730,000, and $779,000 which was the most recent in August. So at $620,000 he has a good discount built in.