Here the seller lowered the price aggressively from $1,095,000 to $899,000 in the first 45 days of the listing, and a couple of weeks later, an agent from a different office bought it:
The previous owner paid $1.2 million and financed 100% of it – but he must have wrote a check. There was no sign of a short sale or foreclosure.
A $330K loss? Ouch! You could buy a house with that! 😉
Yes,
That is a find for that neighborhood for sure.
I really love that place. During the summer it gets a bit too hot for me. Rather spend that $1 mil to live closer to the coast.
I’m very sleep deprived, but didn’t the previous owner have to write a $1 million+ check since it was 100% financing and it’s only been 4 years? Talk about ouch…
Nice place! Why people would want to live in a regular tract home over that, I’ll never understand.
$870,000!!!
Compare that to CV where $870,000 gets you something more generic with a much smaller yard and probably road noise.
I know, I know. Olivenhain is harder to get to downtown than CV is. But I do know people who live on 8th street and they just love it. Quiet as can be…and ya the commute sucks…but the man has a 4,000 sqft (or a little more) house on an acre with a tennis court & a pool.
Probably will sell for $1.2M given what the home in this video sold for. And I’ll take that $1.2M home over any $1.2M home in CV….