Address: 206 Garden Gate, Irvine, CA 92620 (Northwood Pointe)
Plan: 1200 sq ft – 2bd/2.5ba
MLS: S469456 DOM: 22
Sale History: 9/1/2006: $625,000
11/10/2004: $527,500
Current Price: $665,000
This Plan 2 in the Glenneyre at Lanes End tract built by California Pacific Homes in Northwood Pointe was most recently purchased on 9/1/2006 for $625,000 with 5% down. And it went back on the market less than 3 months later. Did someone really buy this home in September 2006 with the intent to flip it?!?! Or could it be a forced relocation or something else?
Anyways, it was relisted at a price $40k higher the day after Christmas. (I’m pretty sure prices did not move up 6.4% since September.) Why $40k? Well if they get their asking price of $665k and we assume 6% in selling costs.. Suprise, surprise, they will have sold their home for the same price they bought it for. Too bad this probably isn’t how it’s going to play out. For $665k there are a lot of other options in Irvine and in this market the seller will be hard pressed to find a GF.
I wonder if this was one of California Pacific’s first attempts at building the smaller detached products. The square footage on the Plan 1 in this tract is 1030 which is the same as the square footage in the popular Aldea, Sage, Chantory, and Cortile tract plans.
—–
I am thinking this place is worth maybe $275,000. I rent a 3 bed 2 bath for 2,200 per month right down the street.
I just want to know how you can get information of sale history. I feel if I can get it before making an offer it may much help me.
C@Park, use http://www.zillow.com. Put in the address and zipcode, hit “go”. Click on the address link, scroll down and on the right-hand side you’ll see the “Sale History and Tax Info” section. Type in the security verification numbers. There you go! Have fun!