Comments on: $888k - Lucky enough to find a knife catcher? http://www.arcadiahousingblog.com/2008/08/19/888k-lucky-enough-to-find-a-knife-catcher/ Tracking the Arcadia and San Gabriel Valley Housing Market Thu, 08 Jan 2009 22:01:33 +0000 http://wordpress.org/?v=2.5.1 By: Tootsie http://www.arcadiahousingblog.com/2008/08/19/888k-lucky-enough-to-find-a-knife-catcher/#comment-4307 Tootsie Wed, 20 Aug 2008 14:53:26 +0000 http://www.arcadiahousingblog.com/?p=645#comment-4307 Nearly 900k for a view of a parking lot across the street? I seriously suspect some people will buy in Arcadia just to say they are in Arcadia. For 900k there are plenty of nice places that look like real neighborhoods in SGV. This is not one of them. Nearly 900k for a view of a parking lot across the street?

I seriously suspect some people will buy in Arcadia just to say they are in Arcadia. For 900k there are plenty of nice places that look like real neighborhoods in SGV. This is not one of them.

]]> By: TheArcadian http://www.arcadiahousingblog.com/2008/08/19/888k-lucky-enough-to-find-a-knife-catcher/#comment-4294 TheArcadian Wed, 20 Aug 2008 06:10:32 +0000 http://www.arcadiahousingblog.com/?p=645#comment-4294 Curious, Thanks for cross checking my data. Since this was just a comp, I just relied on Redfin's data. If this is indeed 2 small units, then my evaluation of 815 W. Duarte is completely off. But basing the $680k sales price on the larger unit would give us $407/sf. If that is the case, then today's property is way underpriced. What are the chances of that? I'll dig a little deeper tomorrow morning to see if we can report the correct data. Thanks again! Curious,

Thanks for cross checking my data. Since this was just a comp, I just relied on Redfin’s data.

If this is indeed 2 small units, then my evaluation of 815 W. Duarte is completely off. But basing the $680k sales price on the larger unit would give us $407/sf. If that is the case, then today’s property is way underpriced. What are the chances of that?

I’ll dig a little deeper tomorrow morning to see if we can report the correct data. Thanks again!

]]> By: Curious mind http://www.arcadiahousingblog.com/2008/08/19/888k-lucky-enough-to-find-a-knife-catcher/#comment-4290 Curious mind Wed, 20 Aug 2008 04:20:52 +0000 http://www.arcadiahousingblog.com/?p=645#comment-4290 I don't know whether this changes your valuation. Per LA County Assessor, there are two units at 815 W. Duarte, #A: Square Footage 1,557 Year Built / Effective Year Built 2007 / 2007 Bedrooms / Bathrooms 3 / 3 Units 1 #B: Improvement 1 Square Footage 1,669 Year Built / Effective Year Built 2007 / 2007 Bedrooms / Bathrooms 3 / 3 Units 1 I don’t know whether this changes your valuation. Per LA County Assessor, there are two units at 815 W. Duarte,

#A: Square Footage 1,557
Year Built / Effective Year Built 2007 / 2007
Bedrooms / Bathrooms 3 / 3
Units 1

#B: Improvement 1

Square Footage 1,669
Year Built / Effective Year Built 2007 / 2007
Bedrooms / Bathrooms 3 / 3
Units 1

]]> By: akr889 http://www.arcadiahousingblog.com/2008/08/19/888k-lucky-enough-to-find-a-knife-catcher/#comment-4282 akr889 Tue, 19 Aug 2008 21:12:53 +0000 http://www.arcadiahousingblog.com/?p=645#comment-4282 There are not much traffic on that intersection. I ride bike on Huntington a couple of times. Traffic normally dies east of Baldwin ave. But if the south parking lot of the race track is converted to a Shopping mall, the traffic will be as bad as Baldwin There are not much traffic on that intersection. I ride bike on Huntington a couple of times. Traffic normally dies east of Baldwin ave. But if the south parking lot of the race track is converted to a Shopping mall, the traffic will be as bad as Baldwin

]]> By: missedthebubble http://www.arcadiahousingblog.com/2008/08/19/888k-lucky-enough-to-find-a-knife-catcher/#comment-4280 missedthebubble Tue, 19 Aug 2008 19:00:27 +0000 http://www.arcadiahousingblog.com/?p=645#comment-4280 Busy... yeah, that intersection is busy. The triple 8 price, Have anything to do with the Olympic start date? Maybe the strategy is to start high, and then lower it every 2 weeks etc. to make people feel like they are getting a bargain. My Price point for this place... $400k to $450k... Busy… yeah, that intersection is busy.

The triple 8 price, Have anything to do with the Olympic start date?

Maybe the strategy is to start high, and then lower it every 2 weeks etc. to make people feel like they are getting a bargain.

My Price point for this place… $400k to $450k…

]]> By: TheArcadian http://www.arcadiahousingblog.com/2008/08/19/888k-lucky-enough-to-find-a-knife-catcher/#comment-4277 TheArcadian Tue, 19 Aug 2008 17:22:24 +0000 http://www.arcadiahousingblog.com/?p=645#comment-4277 Thanks for providing the valuable information. I used to live right off a busy street and the traffic noise was unbearable. Thanks for providing the valuable information. I used to live right off a busy street and the traffic noise was unbearable.

]]> By: JY http://www.arcadiahousingblog.com/2008/08/19/888k-lucky-enough-to-find-a-knife-catcher/#comment-4276 JY Tue, 19 Aug 2008 17:05:29 +0000 http://www.arcadiahousingblog.com/?p=645#comment-4276 "Exit, make a left and you’re on Huntington Dr. Can someone tell me whether this is a high traffic intersection?" i wouldn't consider it a high traffic intersection...most of the traffic is to the left where baldwin is. i think if i remember correctly, the stop light at that intersection takes awhile. i always hated that one when i was leaving AHS and heading west. “Exit, make a left and you’re on Huntington Dr. Can someone tell me whether this is a high traffic intersection?”

i wouldn’t consider it a high traffic intersection…most of the traffic is to the left where baldwin is. i think if i remember correctly, the stop light at that intersection takes awhile. i always hated that one when i was leaving AHS and heading west.

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