SoCal MLS reports a whopping 8 home sales for the week of January 20, 2008 – January 26, 2008 in Rancho Santa Margarita and portions of Trabuco Canyon. Here is the breakdown:
Standard Sales:
- 33 Calle San Luis Rey
Original Purchase information currently unavailable Price Tag 2008? $585,000
- 7 Via Perico
The seller purchased this home in March of 2002 for $455,000. Price Tag 2008? $730,000.
- 57 Via Pausa
The seller purchased this property in January 2004 for $335,000. He must have negotiated a good deal at the time as this property just sold at an increase. Price Tag 2008? $405,000
Short Sales:
- 91 Calle De Felicidad
The seller purchased this property in January, 2006 for $400,000 (at 90% loan-to-value) from a seller who paid $492,000 for it in 2004. Price Tag 2008? $400,000.
- 22 Sundown Dr
The seller purchased this property in February, 2004 for $804,500 and per the listing spent over $70,000 in improvements. Price Tag 2008? $725,000.
Bank Owned / REO:
- 35 Brisa Ribera
This property was purchased in July of 2000 for $160,000, after being purchased in June of 1998 for $113,500. The 2008 Price Tag for this Countrywide Reo? $265,000.
- 14 Via Padres
This property was a Countrywide REO purchase in January of 2007 for $305,000, after being purchased in September, 2004 for $352,000. Price Tag 2008? $304,900. Looks like Countrywide gets to eat it twice in a row on this property.
- 15 Blue Oak 9
This property was purchase in November of 2005 for $410,000 and the buyer purchased the home using 100% financing. The September, 2002 transfer value was $222,000. Price tag 2008? $309,000.