The sellers inherited the property in 2011, so they still had plenty of capital-gains taxes to pay if they didn’t live here. Don’t want to pay so much in tax? Sell for less!
The sellers were happy for a fairly quick sale, and having to take less wasn’t an imposition. The same could be said for all long-timers – if they had to take less, they could…..unlike at the last peak when so many were financed 100% or more.
The buyers paid $25,550 in costs on behalf of the sellers – a nice sweetener.
Maybe the original condition was such a turnoff that the sellers knew they needed to budge.
Recent history would suggest that multiple offers might have been in order. But not here, and certainly not everywhere now…..and the fixers are the first to be taking the hit.
I couldn’t be more excited about presenting this spectacular home for sale – mostly just to see if everyone likes it as much as we do. It’s not big enough to have wasted space – but I’d rather have 3,003sf of efficient floor plan than 4,000sf full of extra rooms that nobody uses.
3711 Mastodon Ct., Carlsbad
4 br + loft/4.5 ba, 3,003sf
YB: 2015
HOA + MR = $333/mo.
LP = $2,499,000
Have you said to yourself, “I’ll know it when I see it”? This is one of those homes! Downstairs is one big great room with large windows ensuring max natural light! Gorgeous hardwoods, chef’s island with seating, La Cantina doors that open to a large private patio with views, owned solar, plus a separate ADU too! This home has all of the top features people want – last house on the culdesac, only one neighbor, big views (10% view premium when new), privacy, perfect great room, two walk-in closets in primary suite, extra loft upstairs that is a possible 5br, plenty of natural light, and HOA amenities close by! Walking distance to Sage Creek High School too, which is ranked #8 in San Diego County! This home is an oasis of tranquility!
Richard’s new listing in Sorrento Valley is priced at $1,674,000, which is much lower than you see in nearby Carmel Valley. If it looks similar to vintage CV it’s because it was also built by Pardee:
If you want to be right in the thick of things in downtown Encinitas AND be able to jump on a train in a hot minute, then I have a deal for you! The roof deck adds real living space and you can see all of downtown!
It was so great to start the tour today with Pete’s new listing on the Encinitas Ranch Golf Course whose owners succumbed to the problem at hand. They get hit by golf balls, so provide a barrier and live with it.
This is way better than the alternative where potential buyers have to wonder about the impact. Know this – when a golf ball hits your roof, it sounds like a bomb went off.
