Wednesday, February 27, 2008

More detail from Sacramento

A short update to my previous post. I just found this blog, Flippers In Trouble, which gives house by house price declines. They are brutal. Here are a couple examples (I hope the Flippers In Trouble blogger is cool with this):


11836 Delavan Cir
Rancho Cordova, CA 95742
Total Loss: $407,600Percent Loss: 40.7%
Asking Price: $594,900
Bedrooms:6 Baths: 4 Sq. feet:5600

Listing History:
Down 45.9% from $1,100,000 On 2006-09-16
Down 12.4% from $679,000 On 2007-06-23

Days on market: 525
# of Times Listed: 3

Previous Sales:
Sold on 2006-04-28 for $1,002,500

MLS# 70066337 Google Maps
Assessed Value Property Tax Bill


4359 Maeve Ct
Rancho Cordova, CA 95742
Total Loss: $341,500Percent Loss: 49.4%
Asking Price: $350,000
Bedrooms:4 Baths: 3 Sq. feet:3052

Listing History:
Down 32.7% from $520,000 On 2007-09-15
Down 29.9% from $499,000 On 2007-12-08
Up 16.7% from $300,000 On 2008-01-12

Days on market: 161
# of Times Listed: 2

Previous Sales:
Sold on 2005-11-29 for $691,500

MLS# 70097634 Google Maps
Assessed Value Property Tax Bill


6030 Eagles Nest Rd
Sacramento, CA 95830
Total Loss: $330,000Percent Loss: 36.7%
Asking Price: $570,000
Bedrooms:3 Baths: 3 Sq. feet:3039

Listing History:
Down 42.7% from $995,000 On 2006-05-04
Down 36.6% from $899,000 On 2006-05-25
Down 5.0% from $600,000 On 2007-08-04

Days on market: 660
# of Times Listed: 3

Previous Sales:
Sold on 2006-07-28 for $900,000
Sold on 2006-07-28 for $900,000

MLS# 70081192 Google Maps
Assessed Value Property Tax Bill


5749 Pomegranate Ave
Sacramento, CA 95823
Total Loss: $290,100Percent Loss: 44.6%
Asking Price: $359,900
Bedrooms:2 Baths: 2 Sq. feet:1897

Listing History:
Down 17.3% from $434,990 On 2007-04-22
Down 10.0% from $399,990 On 2007-09-01
Down 4.0% from $374,900 On 2007-12-01
Down 2.4% from $368,900 On 2008-01-12

Days on market: 307
# of Times Listed: 4

Previous Sales:
Sold on 2006-02-23 for $650,000

MLS# 70118267 Google Maps
Assessed Value Property Tax Bill


11999 Mandolin Way
Rancho Cordova, CA 95742
Total Loss: $288,000Percent Loss: 43.2%
Asking Price: $379,000
Bedrooms:3 Baths: 3 Sq. feet:2885

Listing History:
Down 20.2% from $475,000 On 2007-08-04
Down 17.4% from $459,000 On 2007-09-08
Down 11.7% from $429,000 On 2007-09-29

Days on market: 203
# of Times Listed: 3

Previous Sales:
Sold on 2006-03-01 for $667,000

MLS# 70117356 Google Maps
Assessed Value Property Tax Bill


7453 Telegraph Ave
Orangevale, CA 95662
Total Loss: $274,128Percent Loss: 36.1%
Asking Price: $485,100
Bedrooms:3 Baths: 2 Sq. feet:1788

Listing History:
Down 12.0% from $551,000 On 2007-06-23
Down 10.0% from $539,000 On 2007-08-04
Down 6.5% from $519,000 On 2007-09-29
Down 3.0% from $499,900 On 2007-11-03

Days on market: 245
# of Times Listed: 2

Previous Sales:
Sold on 2007-04-27 for $759,228

MLS# 70065303 Google Maps
Assessed Value Property Tax Bill


8477 Jomar Ln
Fair Oaks, CA 95628
Total Loss: $269,993Percent Loss: 32.1%
Asking Price: $570,000
Bedrooms:3 Baths: 2 Sq. feet:3200

Listing History:
Down 32.3% from $841,900 On 2007-06-30
Down 31.7% from $834,900 On 2007-08-25
Down 28.3% from $794,900 On 2007-09-22
Down 25.0% from $760,000 On 2007-10-27
Down 18.6% from $700,000 On 2007-12-01

Days on market: 238
# of Times Listed: 4

Previous Sales:
Sold on 2006-05-02 for $990,000
Sold on 2007-03-09 for $839,993

MLS# 80015578 Google Maps
Assessed Value Property Tax Bill


What a bloodbath! Good work on this data. And there is a lot more where that came from if you visit the blog.

1 comment:

Anonymous said...

I know your post is older but unfortunately, we fall into the "upside-down" in equity category. What we are concerned about in walking away is our Second loan to citigroup... It was not part of the purchase money. We are scared that they will come after us if we are foreclosed on by the first loan/ EMC / really is Chase. It was taken to remodel our home due to excessive damage by previous owners disatisfaction with having to leave though it was purchased at market prices in 2005 for $390k. We didnt expect that our last child of 6 would have serious medical issues and the money went like fire. I had to stay home to do fulltime care and you know the rest of the story. Your BLOG really helped me feel better and not so alone. We have always paid our bills and never walked away. We may have to now, not knowing where to go or how.