Whatever happened to some of those previous posts we saw? It’s good to go back and see what sold, and for how much, to see if there are any deals being had out there.
Here are some results from April/May posts.:
5855 La Jolla Mesa, La Jolla
4 br/3.5 ba, 3,225sf
WaMu funded a loan of $2.28 million when this sold in October, 2007 for $2,850,000. Things didn’t work out for the buyer, and he got foreclosed in March, 2011.
Chase listed it for $1,800,000, and it closed for $1,850,000 cash on May 17th.
2150 Sunset, Mission Hills
4br/3.5ba, 3,026sf built in 1926
The church-like house on the hill with some ocean view had refinanced several times, eventually getting a $1.35 million loan from Thornburg, who ended up foreclosing in Decemeber, 2010. It listed for $1,398,500 in February, 2011, and found a buyer after 89 days on market.
It closed for $1,125,000 on June 13th.
3419 Dove Hollow, Olivenhain
5 br/4 ba, 3,248sf
Remember the old ranchito out at the end of Lone Jack?
It has a good sales history, with improvements along the way:
2001: SP = $855,000
2002: SP = $1,015,000
2004: SP = $1,370,000
After it foreclosed in August, 2010, it listed for $999,000. It was a popular one, and sold right away (DOM = 5).
It closed for $1,000,000 on May 26th.
860 Capri, Leucadia
4 br/3.5 ba, 2,028sf built in 1971
The former owner paid $945,000 in 2005 for this funky old place near Capri Elementary School, got foreclosed, and was listed for $649,900 by BofA.
It closed for $749,000, on June 22nd, almost $100,000 over list price. The listing agent noted that the buyers received $26,000 for repairs too.