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.
Nice touches, but that’s a Crazy Valley psf price.
The list price was CV-similar, and the action zoomed right past that into RSF psf territory!
Four hundo for that dump? A fool and his money are soon separated.
Don’t get too caught up in that Ralph, and miss the lesson – there are buyers flooding the streets. There are probably only 2-3 who are willing to pay over $400,000, it’s the remainder who will pick up any excess supply resulting from future foreclosure tsunamis.
There are some cute touches, but a lot of families would shy away from those concrete floors. I look at that, I think about my kids horsing around, and I think “concussion.”
This is an interesting property. It’s right in the middle of Bay Ho which has a lot of bigger higher priced inventory. It’s definitely a case of location is everything. It’s that pocket of value within 92117, so it doesn’t surprise me that people were out looking at it. Most of the product in this little neighborhood is > $600K although much bigger and remodeled. You’ll also see similar high price/SF in Bay Hill where the original 1000 SF house is still there but it’s listed at > $500/SF. The nice locations definitely could use some inventory because it certainly appears the buyers are out.
That’s a nicer part of Clairemont, but it’s the land of “shifting sands.”
Not all is right with houses built on landfilled lots around there. Careful !!!!
“buyers are flooding the streets”? Come on Jim – you sound like a realtor! Send some of those buyers up here to NorCal. I know you’re a great salesman but if you pull this panic mode selling
off – you’ll be King of the Realtor world. 🙂
Keep up the good work!
Compared to the 410K sale down the street in 2/2011 and the 380K sale on Geddes Dr. in 8/2011, the listing prices is very low, hence the action.
Those two sold lot sizes are about 4700 sq. ft. This one is 8000 sq. ft with a detached garage. Because of that, it will probably sell w/ premium on it, approaching the canyon lot premium. In Clairemont, the canyon lot premium is about $40K to $50K, IMHO.
Start with the Geddes sale at $380K and add $30K for the lot size and the nice clean landscaping. Looks to me like a sale price of $410K would suggest no price increase from Aug of 2011.
Traffic – yes. Price increase – will have to wait and see if it starts to approach or exceed $420K…
The house on Geddes where the listing agent round-tripped the sale the first day or two of the listing, plus the VA buyer got a $10,000 credit for costs? Back in August?
If I tried to mount a case based on a comp from 6-7 months ago, you’d be all over me. If you can ever find anything decent or worthwhile here at bubbleinfo, let me know.
Jim: thanks for stopping by the Bay Ho area. I am convinced this is a hidden gem in San Diego, although the 30 offers on that house is surprising given that several other houses in the area haven’t sold after being on the market much longer.
sdduuuude: I wonder if you can provide more details on the “shifting sands” issue you mention. I bought in the area a few years ago and hired a soil expert at the time as a part of our inspections. He was not concerned one bit about the foundation or any soil issues in this area of town, and found no evidence of any foundation issues with our house. What do you know that he didn’t?
Looked at buying a house on Driscoll many years ago.
It required $60,000 worth of foundation stabilization.
Turns out some of those lots were made from landfill. I don’t have details on which streets/lots, but our agent at the time said it is a common issue “around there”
It isn’t a “for sure” thing – but something to check into on a house-by-house basis. Talk to the neighbors. Pull grading plans from the 50’s, etc.
I said it was tough to find a comp …
sdduuuude: interesting. Thanks for the info. I haven’t noticed any significant soil work on any of those streets, but I suppose there can always be a few exceptions.
I paid less than that psf for my house in RSF. Although, with a higher absolute price, you get more for your dollar (like Costco).