Leucadia, Avocado acres

Sold for $390,000 cash.

Now in escrow after 3 days.

$388,000 is the asking price for this detached home, I expect multiple offers. The last time it sold for $879,000 in 1/06 and the owner hit the ATM for another 50K for the total liens (loans) of $914,000. A total of 3 unpermitted units have been added over the years. I believe this property will sell for more than the list price.

3 bed, 2 bath, built in 1957. Very freeway close and about 1 mile to beacons beach.

Update; Villanitas

This home sold for all cash $480,000 after 5 days on the market, orginal post 2/20/09.

4 bed, 3 bath, built in 1972 with 2,723 sq. ft. of living space. The asking price is $500,000.
This home needs carpet, window coverings, an interior paint and back yard make over. I sure most buyers would consider a lot more improvements. There is a large ground floor bed/bath for those who are in need of such.

Leucadia west of I-5

Sold for $630,000 and more than the asking price.
Update; now in escrow after a minimum of 5 offers.

I'm suspect when properties are listed for 20% below the comps and across the street the asking price is $1,050,000 down from 1.3 mil for similar size/age home and lot size. Most buyers looking at this size parcel will likely tear-down and plan for a 3,000-5,000 sq. ft. of living space home.

3 bed, 2 bath, built in 1948 on about 6/10th of an acre (25,700 sq. ft. lot). Small horizional ocean view. The asking price is $599,000.

I think this home will sell for more than the list price.

Update; Cardiff detached

Now in escrow after 33 days on the market. Original post 2/5/09

3 bed, 2 bath, 1,288 sq. ft. of living space. Built in 1958, 7,000 sq. ft. lot. List price $499,900.

Side note; I owned a home down the street four years ago and think this home will be sold soon.

San Elijo views

4 bed, 5 bath, 4,300 sq. ft. of living space. Originally built in 1915 and effectively rebuilt in 2004. Asking price of 3.5 mil, Whitewater views looking to Solana beach and the Lagoon.

How much will it sell for?

Update; Nice family home

3/19/09; This home has now closed escrow for $476,300 an all cash deal.

Remember this property posted on 1/18/09, it fell out of escrow. First go-around it was on the market 4 days, all new offers will be reviewed on 3/9/09.

3 Bed, 2 Bath 1386 sq. ft. of living space, 7840 sq. ft. lot. Dual pane windows, new roof, kitchen granite, paint, AC, dog run, synthetic decking and fence, $42 a month HOA. List price $469,-499,000.

Update; More value priced listings

Remember this home listed at $485,000 on 1/29/09. Well it just closed escrow for $525,000. Nearly 10% more than the asking price. This property had multiple offers.

4 bed, 3 bath, 1836 sq. ft., built in 1973, 7500 sq. ft. lot. No HOA fees, with a list price of $485,000 and just went to escrow, 12 days on the market. Past loans totaled $693,000.