Do you care to take a guess at the eventual sales price on La Cucharacha? If it sells fast enough, and the Padres can hold on, the closest guesser will receive a couple of playoff tickets!
63 Comments
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Half price sale! $131,000
Gets picked up by a flipper flashing cash for $128K, puts in $20K of work, tries to turn it over three months later for $189K.
133,500….cash flow rental
Hmmm…history of roaches..incessant dogs barking next door…trashed carpets and walls..needs appliances and cabinets, etc.
I will say $125,000!
Maybe it will go higher becasue of the beautiful “sixth bedroom”. 🙂
$144,000.
Have a feeling you will be doing the highest and best thing to multiple offers.
$151,000
Based on the nice banana tree.
I guess $135,400.
I guess $116,900
I guess $129,500.
a real bargain at $139,000 after your fumigation
$131,000 since it’s cash only and 2 yrs ago one sold for around $140,000.
OOPs someone already bid $131, so I’ll go $131,500
$144,100.
I wanted to say $144K just so I can add that it was a fitting price for a place that was so gross, but Kingside stole my bid. 🙂
$134,900 cash sale to a flipper
$111,900 cash sale to owner that don’t mind dogs that bark.
Moving up in the world when asset managers are asking for your opinion.
Blow it out indeed…this gets bid up to $148K.
I guess $154,000.
$124,000 my guess……
My guess $122,001
My guess is it will rent for about 1k a month, so someone will bid it up to barely break even/loss at 149k
$127,000 is my guess
Okay…158k! what is a few bugs!
All cash, roaches, dogs, multiple “bedrooms”…I’m guessing $122,500 after all is said and done.
I’m in for $125,900
107,900
needs a lot of work to make it habitable, though it’s mostly cosmetic. the barking dogs are almost as bad as the guy who was blasting music.
Jim, I just got my invitation to attend NARDIGRAS and vote for one of five Real Estate superstars. You were not on the ballot,what gives?
For those of you who like to read about interesting ideas for encourging people to continue to pay off underwater mortgages rather than walk-away, here’s an interesting idea from a WaPo columnist in which he proposes a way for underwater owners to re-finance to take advantage of the current interest rates and still, ultiamtely, pay off the entire nut.
http://www.washingtonpost.com/wp-dyn/content/article/2010/09/08/AR2010090807144.html
On some level, it seems like it could give you return to fix the carpet…
I’ll guess $142,500
My guess: $126,400
$119,000
I think that’s going to go for a rental. It’ll end up kitted out in bottom-of-the-range Ikea cabinetry, a whitewash paint job and cheap carpets. Anything else would be a waste. How did all the spirit get leached outta that place? Is it the travertine?
On the bright side, you got potential for storage, laundry room and a shop.
This is like the price is right. I’ll go with 132,002, to a multigenerational extended family immigrated from more southern climes. Or Mormons who are down on their luck.
Thinking $150/sqft so 124,050
I say $127,888.25
I’ll go high at $161K
$121k. Bid up… but not too much
my guess….$133,000
you should make it like the price is right, closest without going over, last person bids $1.
$500 bonus (in jim klinge dollars, valid towards any commission or personal appearance) for hitting it on the nose.
will be used as rental property – my guess is $118K.
I’m going with $146,000
I’ll go with the lowest # – $99,000.
What would the monthly fair rental value be of this property? In a perfect world, take that figure, multiply times 100, subtract the costs to repair the place, and there you go. That’s what I would offer for it.
Maybe it could rent for $1,500 and needs $10k worth of work. So let’s say $140,000.
Highest without going over, right?
I bid $2!
It screams rental. Too risky for flipper b/c of sub-optimal neighbors, and no cash buyer is going to want to actually live there. I guess $118,500. You can just send me the tickets now.
Rental for income return, so to differentiate myself 6% capitation on $1000 pm rent – say $122 122.00. It beats US Govt bonds as an investment and you still have the prospect of eventual capital gains with monthly return adjusted for inflation (but YOU have to work at it)
$127,000 – Would make a nice rental.
139,900. with all cash buyer
$95.000. Too many problems including the dogs.
$109k – will take a special kind of customer
Reality returns to California. $55,000 and they throw in a bathroom mirror from Home Depot.
I’ll go with $136K.
$142,900 at closing.
123,000 all cash buyer
Hard to keep track of the bids. I’ll say 130.
You mean it isn’t under contract yet? lol
I won’t bid because the Giants will be in the playoffs. You saved some money Jim!
I’ll guess……$119,001
I guess $126,500. I don’t want to pay for a plane flight to California. May I donate my tickets to the runner-up?
Thanks.
I will go with $144,700. Prices are still higher than we are willing to let ourselves believe.
I don’t know who you are, or how you got in, but I must remind you that wire-tapping is illegal!
The FBI, and CIA, and the Secret Service have been alerted, and should be knocking on your door any minute!!!!!
I say $119,999.
What’s that about, Jim?
Did someone from your videos send that to you (claiming your taping while looking at homes is wire-tapping)??? Or, are you saying that to someone?
I’m joking – he’s the winner if nothing changes. What is the likelihood of the last guesser nailing the price?
We’ll see if the highest-and-best contest changes the outcome.
Buyers have gone up and down on price in the past, so it can be risky for the seller. I urged them to just take the highest offer, but no.
It’ll be over by Tuesday.