March 18, 2008

I Sure Wish You Hadn’t Done That

It’s been a while since I’ve done any major buyer bashing and I sort of miss it. I know you like it too. Oh sure, you deny it now but I have the stats to prove how many of you read the posts dealing with stinky purchases. Have a look at these sorry fools who completely missed the mark and tell me you aren’t absolutely beside yourself with incredulous disbelief.

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4664 Adair Street - 1944 single family home in Ocean Beach with three beds, one bath. Sold on January 17, 2008 for $785,000 ($787 per square foot). This property has 998 square feet and it’s eppraisal is $669,807. Yikes!

1314 Devonshire Drive - 1948 single family home in Ocean Beach with three beds, one bath. Sold on February 25, 2008 for $890,000 ($613 per square foot). This property has 1,451 square feet and it’s eppraisal is $766,727. Uh oh!

3731 Brant Street - 1937 single family home in Hillcrest with one bed, one bath. Sold on December 18, 2007 for $516,000 ($784 per square foot). This property has 658 square feet and it’s eppraisal is $386,545. Geez!

4077 3rd Avenue #102 - Hillcrest condominium with one bed, one bath. Sold on December 31, 2007 for $347,366 ($588 per square foot). This property has 591 square feet and it’s eppraisal is $281,081. Merry Christmas!

3565 Boundary Street - 1939 single family home in North Park with two beds, one bath. Sold on December 28, 2007 for $450,000 ($731 per square foot). This property has 616 square feet and it’s eppraisal is $368,003. Mmmm.

If you liked this post you might also enjoy:

Unsold in 60 Days? What are You Complaining About!

Dumb and Dumber

It’s the Appreciation Stupid!

Recent Fathead Buys - Doah!


Comments (5)

Jim O'Keefe said:

Still hopin’ for a beach house under 1/2 mil, Carol? Keep bashin’, but livin’ in El Cajon becomes you!

Carol said:

I have no grand illusions, but what does that have to do with the price of eggs in China? And I don’t live in El Cajon :)

Greg in San Diego said:

This is a great website and great blog, I just wanted to reach out and compliment your site and let you know that I work with a lot of real estate agents in San Diego. I am a mobile locksmith in business for 10 years and am available 24/7. Many of the other Realtors that I work with often give a locksmith job as a closing gift for their clients. Please let me know if I can ever help you with anything.

Real Estate Guru said:

For another great way to help you find properties and homes according to price, location, schools, and even by neighborhoods check out Movoto. They are a great new website that specializes in making home buying a whole lot easier. It helped me find exactly what I was looking for and I couldn’t be happier.

Carol said:

Guru -

I’m leaving this up because we like Movoto and want to share the love, but flooding our posts with no less than 8 shameless plugs is a bit much, eh?

-Maven

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