Feel like doing a rehab? Here’s a sampling of what’s needed to complete a full renovation – five months’ worth of Tom’s work in less than nine minutes (now pending after four days on market, was listed for $499,000):
Painted Lady, Start-to-Finish
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Jim Klinge
Klinge Realty Group
Are you looking for an experienced agent to help you buy or sell a home?
Contact Jim the Realtor!
- 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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Trustindex verifies that the original source of the review is Google. We sold a home with Jim and Donna and from beginning to end they were consummate professionals. Their initial walk through the property resulted in a list of items to be repaired or updated. They supplied a list of vendors and job quotes to do the repairs and updates. We originally wanted to sell ‘as is’ and just get it over with. They gave us a selling price for ‘as is’ and options for doing a few updates/repairs to doing it all with the selling price for each option. We agreed to do all they suggested and we sold for the exact price they predicted. For every dollar spent we got back more than $2 back in the selling price. And they got that price in a rising interest rate environment! Donna and Jim are extremely detailed and guide you through ever aspect of the sale. There were no surprises thanks to their guidance. We couldn’t be more pleased with their representation. Thank you Donna and Jim, Jerry and MaryTrustindex verifies that the original source of the review is Google. 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.Trustindex verifies that the original source of the review is Google. WeI had the pleasure of working with Klinge Realty Group to sell our home in Carmel Valley, and I cannot recommend them highly enough! Jim and Donna demonstrated exceptional professionalism, offering expert guidance on market conditions and pricing strategy, which resulted in a quick and successful sale. Communication was prompt and we were well-informed throughout the entire process. For anyone looking for a dedicated and knowledgeable real estate team, look no further! ---Trustindex verifies that the original source of the review is Google. Donna and Jim Klinge of Klinge Realty Group have our highest possible recommendation. From Donna and Jim’s first visit to our house through closing their advice and counsel was candid and honest in all dealings. They kept us fully informed throughout the process. The house sold less than three days after listing with a two-week closing. My wife and I have sold several houses during our lives. This was by far the best experience. Klinge Reality is a premium service realtor. You can’t make a better choice for someone to sell your home fast and for top dollar.Trustindex verifies that the original source of the review is Google. Donna and Jim provided exceptional support and professionalism throughout the entire process. We couldn't have been happier with their efforts. They made our house shine, and thanks to their expertise, it sold above the listing price in the very first weekend! Truly a fantastic experience from start to finish.Trustindex verifies that the original source of the review is Google. This year has been difficult on our family, mainly due to having to sell our home. Thankfully we knew God had a plan for us and working with the Klinge team was a key part of it. It was an obvious decision to work with them again after such an amazing experience when purchasing the same home we needed to sell. The challenge was, how will we do this in so little time with so much going on? Jim and Donna held our hand every step of the way. Whenever an unexpected issue arose they found and provided a solution. Never once did we feel pressured to make a decision and the Klinges were always reassuring after providing the information that the decision was ours to make. Despite the curve balls, they never panicked and exemplified the “can do” attitude, making us feel optimistic and taken care of. Their expertise and professionalism was superb. But of all the reasons to work with the Klinges, the most impactful and valuable is their compassion and genuine care for their clients. We pray that we can one day purchase our forever home and you better believe that Jim and Donna will be representing us - as long as they will have us of course. Thank you again Klinge team! Your execution, experience, and care are unmatched.Trustindex verifies that the original source of the review is Google. Jim and Donna were fantastic! Jim understanding my needs, recommending potential places, pointing out the pros and cons of each property was invaluable. Then when the offer was accepted Donna’s organized guidance through the inspections, paperwork etc made the whole process seem effortless. So grateful that I had them on my side!Trustindex verifies that the original source of the review is Google. We first found Jim through his blog at bubbleinfo.com, which really showcased his knowledge of SoCal real estate. Since then we've done three transactions with Jim and Donna, and they are an incredible full service agency, with Jim's deep market insight and Donna's deft contract and project management. We trust them implicitly in their analysis and strategy, which is based on years of experience. They're always available and on top of things, and we strongly recommend them to anyone.Trustindex verifies that the original source of the review is Google. The Good The Klinge Realty Group operates like a finely tuned machine, with a very personal touch. We contacted them on a Sunday and they were talking to us about our family and our needs on our living room couch the following day. They carefully listened to us and worked with us to identify the best and quickest path to listing within 2 weeks to take advantage of the low inventory conditions in our South Carlsbad neighborhood. They knew our tract specifically and had many previous sales there over the years - they came prepared with a thorough analysis of comparative sales and recommended a pricing strategy that they felt confident would yield offers the first weekend on the market. The Great Over the next two weeks Donna coordinated a range of vendors who she knew from experience could get the preparation to list work we needed done on time and with high quality. Our light tune-up involved excellent experiences with their stagers, landscapers, contractors, electricians, and plumbers. Throughout this period Donna's daily communication was clear, concise, and responsive. Any time we had questions Donna picked up the phone or texted immediately - but almost always, she answered our questions before we even knew we had them. The Outstanding We had a tricky situation with a shared fence that could have delayed our escrow. Donna used superb mediation skills to negotiate the terms of replacement and was personally on site with the fence contractor to make sure everything went smoothly. The fence looks great and escrow closed on time. The Truly Exceptional Our house came on the market on a Wednesday and between then and Monday morning Jim was personally at all three open houses. He was in constant communication explaining potential buyer reaction and strength. As he predicted offers began to come in on Saturday and each one was incrementally higher than the last. At the end we had 5 offers, 4 of which were over list, and the final accepted offer was $100,000 over list. In addition to being over list it included rent back terms that met our needs. The Recommendation For all of these reasons we would strongly recommend The Klinge Team to anyone wanting to sell in North County Coastal San Diego. I had been reading Jim's bubbleinfo.com blog for 15 years and knew when the time came to sell that he would be our first call. Jim Klinge is not your standard realtor. He is keenly aware of market conditions and sales strategies. And, works his tail off - though not as hard as Donna . At this point he's gone from realtor to friend and I plan to have him over to grill and chill at our new place to talk real estate, but also just about life and raising kids in San Diego. He's more interested in relationships than his sales numbers - and that's why his sales numbers are so high. We have already recommended the Klinge's to some close friends and another successful sale is on deck right around the corner...Trustindex verifies that the original source of the review is Google. We recently had the pleasure of working with Jim and Donna from Klinge Realty Group to sell our house, and we couldn't be more satisfied with the experience. From the initial meeting, they listened attentively to our needs and provided invaluable guidance on specific improvements to get our home market ready. Their responsiveness throughout the entire process was truly impressive. Anytime we had questions or concerns, they were quick to address them, ensuring we felt comfortable and informed every step of the way. What stood out the most was their team and extensive network of tradespeople, which made addressing any necessary repairs or updates seamless and stress-free. Thanks to their expertise and dedication, our house sold quickly and at a great price. We highly recommend Jim and Donna to anyone looking to buy or sell a home. They are a fantastic team who truly care about their clients and deliver exceptional results.Load more
Five months! Wow. From sty to style.
Should put the remodeler’s contact info because these guys did wonder work and I bet others’ would want them to do the same to other properties.
It’d be interestin to know what a studs to finish remodel like this costs…?
Tom is very generous with his time and loves to talk to people about remodeling. But he does his own thing – he’s not for hire.
http://www.tomtarrant.com
Costs on this one? Has to be more than $100,000, and probably under $200,000. He might chime in after it closes.
-What’s the address?
-purchase price?
-rehab costs?
-was the property acquired off the MLS? Trustee sale? Other?
Love the background tunes in the video:)
405 27th, SD, 92102.
Google Maps photos shows it still in the process of being rehabbed…pretty cool. That is pretty good to get that type of price for a sale when you are south of the 94 in 92012. Is that a SFR or multi-units?
Link: 405 27th, SD, 92102 MLS# 110058648
Bought for $220,000 on April 18, 2011.
I think the home is worth more than the LP to be honest. Whomever is getting it is getting it at a steal at that price in my opinion.
Checked it out, even if that is a $100k+ rehab that is a nice spread. Beautiful job on the house Tom.
Stunning video, Jim. Excellent photos of true craftsmen doing their craft. And you picked the perfect music.
Thanks so much for taking the time to put this video together.
Yes but that neighborhood is kind of sketchy (92012 south of the 94). If you want to take a stroll around the neighborhood at night, you will do so with some apprehension. That’s why it is interesting to me that neighborhood can fetch an owner occupant buyer for that price. Even though that is a stunning gorgeous house, you still have to live in that neighborhood.
I think we priced-in the neighborhood correctly. I used this comp, which is virtually identical but just north of the 94:
http://www.sdlookup.com/MLS-110044409-1036_Edgemont_St_San_Diego_CA_92102
It was also done by a celebrity flipper, was only 1,800sf on the tax rolls, and offered the same type of appeal – but just north of the 94. I gave them a 10% bonus for location, though within a mile away, and felt that Tom’s premium product would clinch it.
For those just checking in, scroll back to last weekend for more posts.
Congratulations to you both JtR and Tom. Tom, you have amazing vision and discipline.
JtR, you hit this deal out of the park.
“But he does his own thing – he’s not for hire.”
Unless Tom is never doing rehabs again, then it is only a matter of time before someone throws enough money his way that he will become for hire. Tom has that rare combination of vision and execution.
Pending in 4 days in this market means they nailed the price. Could Tom have gotten more? Absolutely, but it’s a patience game that he’s most likely not willing to play. Money in money out. On to the next one..Even for the true craftsman, I guarantee he’s not second guessing his exit price.
I am in awe of what an exceptional job Tom did to this house. The attention to detail is outstanding. I think it’s great that Tom brought this house back to life. Congratulations on a job well done.
North of the 94 is a very different world than South of the 94 though. But sounds like it’s working out. This property is in Grant Hill which is a rougher working class neighborhood. When you get North of the 94 you get more into Golden Hill & bordering South Park, which will attract some yuppie/hipster types with more cash & better incomes. I give Tom credit & guts for taking a chance on a higher end priced property (for that area) in that neighborhood. If you drilled down to just Grant Hill part of 92102 that probably would be one of the most expensive SFR comps in years I would think. Sherman Heights to the south has some more expensive homes.
Absolutely stunning rehab, Tom! The attention to detail is mesmerizing. Please tell all of your crew how wonderful it is to see such beautiful craftsmanship from beginning to end.
And four days pending? Once again, JtR, you were right on with the list price. I hope the buyers have years and years of happiness in this gorgeous home…
Hey Thanks guys for the compliments! I have some interesting research on Grant Hill and the history of the house that I’ll share soon. What a fun project, cant wait to start the next one. Jim did a great job marketing this property and helping me set the price!
Tom, that was simply astounding!
When I saw the first picture, I thought “WTF?!?” I couldn’t believe it was the same house!
Don’t be surprised if someone shows up one day with a truckload of cash, asking you to fix something specific. You’ll be worth every penny!
And if you’re willing to share that info with us, for how much did you manage to sell the house? Or should that be Jim’s next price guessing contest? 🙂
Opening title says “painted lad”, end title says “painted lady” lol
I have been watching real estate in this area for quite some time. IMHO it will be in some ways, better than Bankers Hill which has homes from this era.
I am glad to see that historic homes like this are being restored to its potential and not like some cheapo flip. There are some 1920’s homes I have seen butchered by flippers over the past decade.
One good thing that this area has are the fab views and no airplane noise as the North side of 94 in Golden Hill does.
An interesting statistic is the crime data found online. An agent this week with her buyer had done some research and told me the crime rating is higher in La Jolla than our zip code.
It’s only natural that Sherman Heights and Grant Hill historic districts are next in line to be the cool new yuppie areas. The utility lines are all being under grounded as we speak and done by next summer as well.