Some neighborhoods have been hit harder than others. Here's an example of one - Mirasol in Mission Viejo - that happens to have five properties currently for sale on the MLS. All are short sales.
For those who have never visited this neighborhood, Mirasol is a gated townhouse development in the Pacific Hills area of Mission Viejo, right next to a detached condo development called Melrose. At the peak, properties in Mirasol were selling for more than $600,000.
Here are the homes that are now for sale:
19 Brindisi
Asking price: $439,999
Size: 3 beds, 2.5 baths, 1,664 sq ft
Previous sales price: $620,000
Previous sales date: 5/31/05
27 Catania
Asking price: $425,000
Size: 3 beds, 2 baths, 1,700 sq ft
Previous sales price: $350,000
Previous sales date: 7/19/02
This property received its notice of trustees sale in November. Lots of debt on the property.
59 Le Mans
Asking price: $470,000-$485,000
Size: 3 beds, 2.5 baths, 1,936 sq ft
Previous sales price: $430,000
Previous sales date: 8/29/03
17 Luzern
Asking price: $410,000
Size: 3 beds, 3 baths, 1,670 sq ft
Previous sales price: $505,000
Previous sales date: 10/20/04
15 Merano #192
Asking price: $395,000
Size: 3 beds, 2 baths, 1,700 sq ft
Previous sales price: $550,000
Previous sales date: 4/22/05
ForeclosureRadar lists four properties in this neighborhood as in some stage of foreclosure.: 27 Cambria (notice of default); 35 Cambria (notice of trustees sale); 27 Catania (NTS) and 17 Luzern (NOD).
Tuesday, February 10, 2009
5 for 5 in Mission
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3 comments:
They are still over-priced. You can get SFRs of a comparable age and square footage in RSM for the same money (e.g. 6 Ametrine Way for $430K).
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One of the most important and cost saving tips for real estate companies in US which can outsource the routine job of updating appartment details online during US time.
Cosmic IT services has a specilised team which can work on listing services for Real estate companies. It has designed a unique workflow management system where in all availabilty details directly from the landlord can enter into their work flow system and trained listing executives in india can work on updating those details in the webportal which will be available over during US time itself.
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