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MWtoSD
Posts:1085
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| 06/28/2009 5:19 AM |
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I am not in San Diego yet, I have not seen it in person, just have been following it online. A friend of a friend lived in the building and really liked it, they relocated because of a job. I do like the look of the building and the modern styling inside, but am concerned about any outside view in the building since both Park and University are busy streets and sitting on a balcony may not be enjoyable. Of course there are units that overlook the interior courtyard, but I think it would be boring to have the same view.
I do not have access to the NODs but quite a few people on here post them under the specific address. (That is what I meant about it will take time to look at each one in my post above) for example...
Click on this link, it is the same in my previous post above,
The Egyptian Forum
That is a link to various postings on units in the Egyptian.
Then click on one of the posts such as: The Egyptian #509
#509 there you can see a foreclosure was scheduled 4-2-2009 posted by jpinpb. Not every posting there shows a unit has a NOD or FC but is one way to know if there is a NOD or FC, thanks to fellow SDLookup posters help one another greatly for complexes or zip codes they follow. If you see a lot of NODs for a complex and the units are not for sale then you know there is a high potential for stealth inventory which can lead to future price decreases once the units eventually hit the market upon foreclosure.
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anon66
Posts:49
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| 07/04/2009 10:06 AM |
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| Question; isn't the number of lockboxes appearing on a condo community gate an indication of the number of units currently up for sale? There are only two units listed for sale at the Egyptian but something like nine lockboxes on the parking garage gate. |
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wilson
Posts:1703
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| 07/04/2009 10:19 AM |
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| I wonder is some real estate offices leave lockboxes at a community after they sell a place on the chance they will get another listing there in the future (if the community has a lot of units). I think counting lockboxes is probably an inaccurate indicator of available units. |
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Brian
Posts:4652
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| 07/04/2009 10:24 AM |
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wilson, for what the HOA charges each month at the Egyptian, they should be doing their jobs better.
Sounds to me like the HOA is no on top of things.
Any lockbox left by Realtors that should not be left over should be cut-off and thrown away.
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anon66
Posts:49
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| 07/04/2009 10:44 AM |
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| Considering the number of forclosures in the building to date, Wilson may be right in that the realtors may assume there will be more and may as well leave the box for the next one. They do appear to sell relatively fast. I live in the building (rent) and the units are quite large, building solid. But, I don't like the traffic noise and Park/University intersection seems to be a magnet for all kinds of trouble. I rarely open my windows so my elect.bill is huge. I might consider owning one of the interior or south facing units, but I don't like the stucco flooring on the balconies. Impossible to clean and no drain to water them down. I don't know why they didn't tile or cement them. |
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Brian
Posts:4652
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| 07/04/2009 11:58 AM |
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Posted By wilson on 07/04/2009 10:19 AM
I wonder is some real estate offices leave lockboxes at a community after they sell a place on the chance they will get another listing there in the future (if the community has a lot of units). I think counting lockboxes is probably an inaccurate indicator of available units.
Why would that be inaccurate?
2 listings now and 7 in the future. If you miss-out (god forbid) on a purchase now, there will be 7 more soon.
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DowntownDude
Posts:31
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| 07/04/2009 12:56 PM |
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| Most of the time the lockboxes you see are not from "for sale" units. Many of these lockboxes are for contractors, commercial space leasing, cable, phone, etc. You really need to know which boxes are currently in use by the local MLS. |
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MWtoSD
Posts:1085
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| 08/01/2009 9:07 PM |
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3812 Park Blvd #509
Ouch!!! closed 07/31/2009 for $389,000, -38% of 11/23/2005 closing price of $625,000
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MWtoSD
Posts:1085
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| 10/17/2009 11:11 PM |
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| 3812 Park Blvd #308 Sold on 10/14/2009 for $389,000, -26% off 07/14/2005 pricing of $523,395 (2/2, 1,445 sf, $269/sqft) |
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MWtoSD
Posts:1085
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| 12/10/2009 5:32 PM |
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| 3812 Park #406 Sold on 11/25/2009 for $482,500, -14% loss from 07/19/2007 pricing of $560,000. (Beds/Baths: 2/3, Est Square Feet: 1,572 sf, PPSF: $307) Original sales price $750,895 on 07/07/2005. |
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MWtoSD
Posts:1085
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| 12/21/2009 10:40 PM |
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3812 Park Blvd #310
REO
Price: $399,000
Status: Active
MLS#: 090069614
Days on Market: 0
Listed: 12/21/2009
Beds/Baths: 2 / 3
Est Square Feet: 1,556 sf
PPSF: $256
Description
Bank owned. Priced to sell. Sold in "as is" condition. Corner unit with 2 master suites, den or optional 3rd bedroom. Many upgrades: open floorplan with hardwood floors, cherry wood stained cabinets throughout, gourmet kitchen with granite counters, stainless steel appliances & gas cooktop, washer/dryer, and 2 balconies. The unit recently had some water damage and the HOA has replaced the wood flooring and carpeting and has painted some rooms.. The HOA should be finished 12/22/2009.
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MWtoSD
Posts:1085
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| 02/05/2010 6:32 AM |
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3812 Park #507 Sold on 01/29/2010 for $405,000, -28% loss from 07/18/2005 for $565,298. (Beds/Baths: 2/3, Est Square Feet: 1,317 sf, PPSF: $308)
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MWtoSD
Posts:1085
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| 02/11/2010 8:51 PM |
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3812 Park Blvd #310 Sold on 02/11/2010 for $425,000, -37% loss from 07/11/2005 pricing of $678,851. (Beds/Baths: 2/3, Est Square Feet: 1,556 sf, PPSF: $273).
Was a short sale and had water damage. |
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