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5 times the 1999 selling price in 12 years !


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2011 Jun 6, 2:33pm   2,439 views  7 comments

by mnsweeps   ➕follow (0)   💰tip   ignore  

I am scratching my balls in disbelief..

http://www.redfin.com/CA/La-Canada-Flintridge/5152-Castle-Rd-91011/home/7269839

is this home the closest I can get to heaven?

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1   bulletdodger   2011 Jun 6, 2:54pm  

Redfin shows the last sale in '99 at $476K, but also shows house was built in '01.

BD

2   EBGuy   2011 Jun 6, 3:10pm  

Nothing says modern masterpiece like those flower pots. Someone bring me the head of the stager...

3   terriDeaner   2011 Jun 6, 3:41pm  

mnsweeps says

is this home the closest I can get to heaven?

If your idea of heaven is:

The backyard beckons to engage one in a prodigious orchard of mature, fruit-laden citrus trees. Recreate to enjoy the seclusion of the azure hued pool and Jacuzzi.

then yes. If your idea of heaven does not include a thesaurus app, then no.

4   gameisrigged   2011 Jun 6, 5:12pm  

ptiemann says

That zip code sells for $514 / sqft
This house has 6700 sqft
6700 * 514 –> over $3mm
Asking price of $2.3mm sounds reasonable. 3 of the 4 closest listings are asking over $4mm.

That listing doesn't show comps for some reason, but another listing on the same street shows $351/sf average. And the closest listings average about 1.3 million. There are as many under 1 million as there are over 1 million in that area.

91011 includes the super-exclusive properties on the other side of town.

5   FortWayne   2011 Jun 7, 1:19am  

all those Flintridge retirees living off social security sure can afford 2+ million out there.

6   corntrollio   2011 Jun 7, 3:04am  

It looks like someone built a custom house, so this is not apples to apples from the 1999 sale.

7   bayhousehunter   2011 Jun 7, 3:56am  

Actually, someone bought a dump in 99 for 476K and demolished it and rebuilt your idea of heaven in 2001. Hence the price jump to 2+M.
Not surprising. This happens all the time in the Fortress areas of the bay area where you can see demolition and rebuilds of tract homes - so many of them under construction if you drive around the streets.

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