Another week, another tale of a furious bidding war in OC. We at South OC Tracker are officially getting behind this Trabuco Canyon property as the next great candidate to start a bidding war. What makes it so obvious you might ask? How about the asking price of $108/sq ft.
28873 Woodspring Circle, 92679
| Beds: | 3 |
| Baths: | 3 |
| Sq. Ft.: | 4,028 |
| $/Sq. Ft.: | $108 |
| Lot Size: | 1,645 Sq. Ft. |
| Property Type: | Single Family Residence |
| Style: | Traditional |
| Stories: | 2 |
| View: | Hills, Has View |
| Year Built: | 1987 |
| Community: | Trabuco Canyon |
| County: | Orange |
| MLS#: | P698882 |
| Source: | SoCalMLS |
| Status: | Active |
| On Redfin: | 1 day |
From what we've seen, this looks like your equity seller meets non-short sale meets turnkey property. Could it use some updating - for example, the kitchen? Sure. But the combination we just mentioned, plus the asking price seems ripe to equal multiple bids.Redfin says the previous sales price was $200,000 in 1991 - probably a high before the down market of the mid 1990s. We'll see what this one eventually fetches. Hint: probably a good deal higher than $435,000 unless there's some big problem we don't see. Or a typo.
4 comments:
Something is wrong with this listing. It shows a 4028 sqft 3br building on a 1645 sqft lot. Perhaps the number of floors is listed incorrectly - two aint enough.
My guess is this is a 2014 sqft duplex and his half of the land is 1643 sqft. I reserve judgement on the price.
Listing is wrong. It is an attached home not a 4000 ft house. probably about 1620 Sq. Ft.
They switched the living space and the lot size.
Listing is now corrected.
Sq. Ft.: 1,645
Lot Size: 4,028 Sq. Ft.
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