Sonoma Housing Bubble

Pulling the cork out of Sonoma's bubbly housing foolishness

Monday, November 13, 2006

Price Reduced 11-13-06 (part 1)

Price Reduced List (Part 1)

Including Zillow estimate values
and *Buyer’s Revolution Price

*estimated 2001 price + 28% (allowance for 5 years of inflation)
Estimation swag’d from zillow graphs


18155 BARRETT AVE, Sonoma, CA 95476
Price Reduced: 10/31/06 -- $439,000 to $432,000
Days on Market: 31

Zillow Sez: $523,802
Sale History
09/20/2006: $450,290
09/07/2005: $495,000
03/17/2005: $326,000
08/31/2001: $269,000
2005 Property Tax $3,721
Total assessed value: = $495,000

Buyer’s revolution price: $344,320

18252 LUCAS AVE, Sonoma, CA 95476
Price Reduced: 10/16/06 -- $500,000 to $479,000
Days on Market: 57

Zillow sez: $509,744
No Sale History Available
2005 Property Tax: $1,978
Total assessed value: = $127,246

Buyer’s revolution price: $281,600

18440 LUCAS AVE, Sonoma, CA 95476 this has been re-listed at least once
Price Reduced: 11/02/06 -- $439,000 to $399,000
Days on Market: 75

Zillow now sez: $448,636

From Price Reduced list posting 4/19/06
Price Reduced: 02/28/06 -- $515,000 to $499,999
Days on Market: 196

Buyer’s Revolution Price: 256k


18450 LUCAS AVE, Sonoma, CA 95476
Price Reduced: 10/10/06 -- $499,000 to $489,000
Days on Market: 59

Zillow sez: $442,499
Sale History
02/24/2006: $510,000
02/22/2001: $10,000
04/13/2000: $120,000
07/02/1996: $87,000
2005 Property Tax: $2,280
Total assessed value: = $148,458

Buyer’s revolution price: 256k

18311 COMSTOCK AVE, Sonoma, CA 95476
Price Reduced: 10/31/06 -- $470,000 to $460,000
Days on Market: 40

Zillow sez: $485,493
Sale History
04/30/1999: $185,000
03/25/1994: $164,000
03/19/1993: $97,000
2005 Property Tax: $2,883
Total Assessed value: = $212,229

Buyer’s revolution price: $256k

18046 COMSTOCK AVE, Sonoma, CA 95476
Price Reduced: 08/23/06 -- $519,000 to $499,000
Price Reduced: 09/22/06 -- $499,000 to $479,000
Price Reduced: 10/26/06 -- $479,000 to $469,000
Days on Market: 113

Zillow sez: $447,701
Sale History
12/24/1997: $163,000
2005 Property Tax: $2,721
Total assessed value: = $189,867

Buyer’s revolution price: 256k

695 MICHAEL DR, Sonoma, CA 95476
Price Reduced: 10/30/06 -- $1,079,000 to $1,029,000
Days on Market: 31
Zillow sez: $1,067,376
Sale History
08/17/2005: $998,000
05/01/1997: $355,000
2005 Property Tax $5,042
Total assessed value: = $998,000

Buyer’s revolution price: $595,200k

20635 HYDE RD, Sonoma, CA 95476
Price Reduced: 10/31/06 -- $1,049,000 to $975,000
Days on Market: 38

Zillow sez: $858,021
Sale History
07/03/2003: $504,000
2005 Property Tax $5,764
Total assessed value: $524,361

Buyer’s revolution price: $524,800

346 LAKE ST, Sonoma, CA 95476
Price Reduced: 11/01/06 -- $535,000 to $520,000
Days on Market: 41

Zillow sez: $504,769
No Sales History Available
2005 Property Tax $2,106
Total assessed value: - $139,294

Buyer’s revolution price: $256k

330 CALLE DEL MONTE, Sonoma, CA 95476
Price Reduced: 10/25/06 -- $509,000 to $495,000
Days on Market: 46

Zillow sez: $497,450
Sale History
12/12/2005: $215,500
06/30/2000: $200,000
2005 Property Tax: $3,302
Total assessed value: = $367,199

Buyer’s revolution price: $368,640

250 CALLE DEL MONTE, Sonoma, CA 95476
Price Reduced: 10/04/06 -- $499,500 to $475,000
Days on Market: 80

Zillow sez: $456,794
Sale History
12/20/2005: $390,000
12/27/2002: $265,000
2005 Property Tax: $3,691
Total assessed value: = $280,859



465 CALLE DEL MONTE, Sonoma, CA 95476
Price Reduced: 08/14/06 -- $589,000 to $575,000
Price Reduced: 09/18/06 -- $575,000 to $549,000
Price Reduced: 10/20/06 -- $549,000 to $529,000
Days on Market: 164

Zillow sez: $544,949
Sale History
06/15/2000: $255,000
03/12/1993: $132,000
2005 Property Tax: $3,678
Total assessed value: = $286,802

Buyer’s revolution price: $352k

17370 KEATON AVE, Sonoma, CA 95476
Price Reduced: 10/31/06 -- $559,000 to $549,000
Days on Market: 45

Zillow sez: $944,131
No Sale History Available
2005 Property Tax: $2,006
Total assessed value: = $96,092

Buyer’s revolution price: 416k

17315 KEATON AVE, Sonoma, CA 95476
Price Reduced: 10/12/06 -- $625,000 to $599,000
Days on Market: 54

Zillow sez: $674,291
Sale History
No Sale History available
2005 Property Tax: $0
Total assessed value: = $191,006

Buyer’s revolution price: 384k

114 MELODY CT, Sonoma, CA 95476
Price Reduced: 10/10/06 -- $675,000 to $659,500
Days on Market: 50

Zillow sez: $679,621
No Sale History Available
2005 Property Tax $2,512
Total assessed value: = $177,384

Buyer’s revolution price: $396,800

17240 HIGH RD, Sonoma, CA 95476 - This has been relisted at least once
Price Reduced: 10/24/06 -- $1,800,000 to $1,725,000
Days on Market: 51

Zillow sez: $1,777,732

Was on the price reduced list: 4/19/2006
(previous posting info below)


Price Reduced: 03/27/06 -- $2,000,000 to $1,895,000
Days on Market: 57 as of 4/19/06
zillow said: $2,021,988
Sale History
06/24/1999: $975,000
09/25/1996: $465,000
tax: $11,964
tax value: $1,096,605

Buyer’s revolution price: 768k

760 SOLANO AVE, Sonoma, CA 95476
Price Reduced: 09/09/06 -- $689,000 to $687,000
Days on Market: 89

Zillow sez: $670,814
Sale History
03/19/2003: $470,000
12/27/1996: $201,000
06/15/1994: $207,500
2005 Property Tax: $5,930
Total assessed value: = $498,131

Buyer’s revolution price: $378,880

950 SOLANO AVE, Sonoma, CA 95476
Price Reduced: 10/16/06 -- $619,500 to $599,900
Days on Market: 52

Zillow sez: $619,860
Sale History
05/29/2002: $345,500
08/25/1995: $113,000
08/25/1994: $106,500
12/20/1993: $28,284
12/15/1993: $28,284
2005 Property Tax: $4,602
Total assessed value: = $373,501

Buyer’s revolution price: 256k

1218 CALLE DEL ARROYO, Sonoma, CA 95476
Price Reduced: 10/17/06 -- $949,000 to $899,000
Days on Market: 52

Zillow sez: $662,675
Sale History
02/01/2005: $162,000
2005 Property Tax: $5,774
Total assessed value: = $517,480

SWAG’d because it didn’t exist in 2001, but their pricing is based on money grubbing dreams. 40% haircut.

Buyer’s revolution price: $540k


1218 FRYER CREEK DR, Sonoma, CA 95476
Price Reduced: 10/06/06 -- $575,000 to $549,500
Days on Market: 54

Zillow sez: $563,849
Sale History
07/31/2002: $380,000
06/29/2001: $380,000
2005 Property Tax: $5,046
Total assessed value: = $418,902

Buyer’s revolution price: $486,400

1238 FRYER CREEK DR, Sonoma, CA 95476
Price Reduced: 07/20/06 -- $689,000 to $655,000
Days on Market: 151

Zillow sez: $595,253
Sale History
11/30/2001: $370,500
2005 Property Tax: $4,924
Total assessed value: = $400,310

Buyer’s revolution price: $473,600

1068 FRYER CREEK DR, Sonoma, CA 95476
Price Reduced: 07/08/06 -- $998,000 to $987,500
Price Reduced: 08/28/06 -- $987,500 to $968,000
Days on Market: 193

Zillow sez: $901,260
Sale History
04/25/2000: $485,000
2005 Property Tax: $6,430
Total assessed value: = $545,374

Buyer’s revolution price: $620,800

18404 YALE CT, Sonoma, CA 95476
Price Reduced: 10/03/06 -- $675,000 to $649,000
Price Reduced: 10/17/06 -- $649,000 to $599,000
Days on Market: 45

Zillow sez: $653,476
Sale History
02/01/1995: $219,000
2005 Property Tax: $3,400
Total assessed value: = $253,549

Buyer’s revolution price: $409,600

616 AUSTIN AVE, Sonoma, CA 95476
Price Reduced: 09/22/06 -- $1,195,000 to $1,098,000
Price Reduced: 10/20/06 -- $1,098,000 to $1,050,000
Days on Market: 59

Zillow sez: $727,965
Sale History
08/27/1993: $267,000
2005 Property Tax: $4,521
Total assessed value: = $362,546

Buyer’s revolution price: $396,800

17930 SPRING ST, Sonoma, CA 95476
Price Reduced: 12/08/05 -- $499,000 to $484,000
Price Reduced: 04/07/06 -- $484,000 to $479,000
Days on Market: 388

From 4/19/06 price reduced list:
Zillow sez: $440,055
Sales History:
07/12/2001: $180,000
07/16/1999: $85,000
Tax $2,718
Tax value: $198,366

Buyer’s revolution price: $230,400

381 WALNUT AVE, Sonoma, CA 95476
Price Reduced: 11/04/06 -- $759,000 to $739,000
Days on Market: 60

Zillow sez: $487,700
No Sale History
2005 Property Tax: $2,515
Total assessed value: $177,696

Buyer’s revolution price: 256k

146 SAINT JAMES DR, Sonoma, CA 95476
Price Reduced: 10/05/06 -- $659,000 to $609,000
Days on Market: 60

Zillow sez: $633,024
Sale History
08/07/2003: $425,000
04/28/2000: $280,000
2005 Property Tax: $5,334
Total assessed value: = $442,170

Buyer’s revolution price: $460,800

105 VINEYARD CIR, Sonoma, CA 95476
Price Reduced: 10/20/06 -- $487,000 to $438,000
Days on Market: 63

Zillow sez: $493,000
No Sale History Available
2005 Property Tax: $2,326
Total assessed value: = $159,975

Buyer’s revolution price: $339,200

39 VINEYARD CIR, Sonoma, CA 95476
Price Reduced: 06/16/06 -- $409,000 to $395,000
Price Reduced: 09/08/06 -- $399,000 to $375,000
Days on Market: 207

Zillow sez: $485,305
Sale History
09/17/1996: $105,000
2005 Property Tax: $1,957
Total assessed value: = $125,321

Buyer’s revolution price: $275,200

510 LAS LOMAS ST, Sonoma, CA 95476
Price Reduced: 09/26/06 -- $638,000 to $599,000
Days on Market: 67

Zillow sez: $513,125
Sale History
06/05/1998: $166,500
09/20/1996: $120,000
2005 Property Tax: $2,690
Total assessed value: = $194,076

Buyer’s revolution price: 256k

470 BERNICE LN, Sonoma, CA 95476 on a previous price reduced list
Price Reduced: 03/02/06 -- $409,500 to $399,000
Price Reduced: 04/10/06 -- $399,000 to $385,000
Price Reduced: 08/11/06 -- $385,000 to $379,000
Price Reduced: 09/01/06 -- $379,000 to $369,000
Days on Market: 287

From 4/19/06 priced reduced posting:
Zillow sez: $419,124
97 value $121k(condo)
Sale History
03/03/2004: $304,000
07/28/2003: $265,000
12/23/1994: $121,500
Tax $3,528
Tax value $310,080

Buyer’s revolution price: 256k

19255 TWIN OAKS LN, Sonoma, CA 95476
Price Reduced: 10/05/06 -- $989,000 to $949,000
Days on Market: 67

Zillow sez: $942,405
Sale History
06/30/2005: $905,000 (please give a warm welcome to Twin Oaks Ln. newest FB)
07/01/1993: $266,000
2005 Property Tax: $3,711
Total assessed value: = $923,100

Buyer’s revolution price: 384k

13400 SADDLE RD, Glen Ellen, CA 95442
Price Reduced: 12/19/05 -- $1,149,000 to $1,049,000
Price Reduced: 05/30/06 -- $1,049,000 to $999,000
Price Reduced: $999,000 -- $865,500
Days on Market: 452

From 4/19/06 price reduced list:
Zillow said: $902,141
No Sale History Available
Tax $4,813
Tax value $391,001

Buyer’s revolution price: 480k

935 W SPAIN ST #E, Sonoma, CA 95476
Price Reduced: 10/06/06 -- $639,000 to $635,000
Price Reduced: 10/06/06 -- $635,000 to $625,000
Days on Market: 66

Zillow sez: $595,965
Sale History
11/04/2005: $635,000
07/13/2004: $511,000
07/24/2001: $125,000
05/12/1998: $215,000
2005 Property Tax: $6,151
Total assessed value: = $635,000

Buyer’s revolution price: $396,800

860 W SPAIN ST, Sonoma, CA 95476
Price Reduced: 10/18/06 -- $539,500 to $483,500
Price Reduced: 11/02/06 -- $483,500 to $455,000
Days on Market: 71

Zillow sez: $524,013
Sale History
10/31/2002: $121,000
11/30/2000: $274,000
2005 Property Tax: $3,801
Total assessed value: = $302,129

Buyer’s revolution price: $358,400

154 W SPAIN ST #W, Sonoma, CA 95476
Price Reduced: 10/05/06 -- $815,000 to $785,000
Price Reduced: 11/01/06 -- $785,000 to $775,000
Days on Market: 75

Zillow sez: $614,852
No Sale History Available
2005 Property Tax: $3,159
Total assessed value: = $241,822

Buyer’s revolution price: $$358,400

222 226 W SPAIN ST, Sonoma, CA 95476 on a previous price reduced list
Price Reduced: 02/10/06 -- $2,275,000 to $1,975,000
Price Reduced: 06/09/06 -- $1,975,000 to $1,675,000
Price Increased: 06/12/06 -- $1,675,000 to $1,775,000
Price Reduced: 07/10/06 -- $1,775,000 to $1,715,000
Days on Market: 291

From 4/19/06 price reduced list:
zillow said:$1,478,839
Sales history:12/02/2005: $1,500,000
97 value 190k each unit
tax:$6,677
tax value: $504,278

Buyer’s revolution price 544k

19549 CYPRESS RD, Sonoma, CA 95476
Price Reduced: 09/26/06 -- $780,000 to $749,900
Price Reduced: 10/06/06 -- $749,900 to $699,000
Days on Market: 71

Zillow sez: $619,808
2005 Property Tax: $2,654
Total assessed value: = $239,277

Buyer’s revolution price: 320k

1420 GROVE ST, Sonoma, CA 95476
Price Reduced: 10/31/06 -- $4,995,000 to $4,499,000
Days on Market: 71

Zillow sez: $1,564,237
Sale History
03/10/1999: $400,000
2005 Property Tax: $10,656
Total assessed value: = $1,454,968

Buyer’s revolution price: 768k

829 SECOND ST W, Sonoma, CA 95476
Price Reduced: 10/07/06 -- $479,000 to $470,000
Price Reduced: 10/10/06 -- $470,000 to $455,000
Days on Market: 73

Zillow sez: $457,757
Sale History
09/22/1999: $186,000
08/30/1994: $172,850
2005 Property Tax: $1,569
Total assessed value: = $92,643

Buyer’s revolution price: $281,600

832 SECOND ST W, Sonoma, CA 95476 re-listed at least once since 4/19/06
Price Reduced: 08/10/06 -- $445,000 to $439,000
Price Reduced: 10/31/06 -- $439,000 to $405,000
Days on Market: 141

Price reduced list posting from 4/19/06
Price Reduced: 11/15/05 -- $545,000 to $525,000
Price Reduced: 01/13/06 -- $525,000 to $510,000
Price Reduced: 03/29/06 -- $510,000 to $499,500
Days on Market: 181

Zillow said: $508,324
Sales History: (this is a condo)
08/07/2000: $260,000
05/02/1997: $139,000
06/15/1994: $158,000
Tax $3,567
Tax value: $281,071

Buyer’s revolution price: $229,120

837 2ND ST W, Sonoma, CA 95476
Price Reduced: 05/30/06 -- $535,000 to $525,000
Price Reduced: 06/18/06 -- $525,000 to $510,000
Price Reduced: 07/07/06 -- $510,000 to $499,000
Price Reduced: 08/10/06 -- $499,000 to $497,000
Price Reduced: 08/28/06 -- $497,000 to $493,500
Price Reduced: 09/05/06 -- $493,500 to $480,000
Price Reduced: 10/13/06 -- $480,000 to $465,000
Days on Market: 177

Zillow sez: $478,203
Sale History
06/10/2005: $465,000
10/15/2002: $295,000
03/04/1999: $160,000
09/01/1994: $179,500
2005 Property Tax: $3,914
Total assessed value: = $474,300

Buyer’s revolution price: $249,600


844 W 2ND ST, Sonoma, CA 95476
Price Reduced: 07/11/06 -- $575,000 to $570,000
Price Reduced: 08/01/06 -- $570,000 to $559,000
Price Reduced: 09/26/06 -- $559,000 to $549,500
Price Reduced: 10/31/06 -- $549,500 to $499,500
Days on Market: 123

Zillow sez: $478,938
Sale History
06/06/2002: $279,000
02/21/1997: $136,743
2005 Property Tax: $3,796
Total assessed value: = $301,610

Buyer’s revolution price: $238,080

317 E SECOND ST, Sonoma, CA 95476
Price Reduced: 05/17/06 -- $1,229,000 to $1,150,000
Price Reduced: 07/06/06 -- $1,150,000 to $1,090,000
Days on Market: 269

Zillow sez: $1,083,991
Sale History:
12/01/2005: $200,500
2005 Property Tax: $8,067
Total assessed value: = $1,050,000

Buyer’s revolution price: $672k

649 E SECOND ST, Sonoma, CA 95476
Price Reduced: 06/08/06 -- $2,675,000 to $2,550,000
Price Reduced: 08/10/06 -- $2,550,000 to $2,275,000
Days on Market: 255

Zillow sez: $1,479,850
06/01/2005: $1,429,000
2005 Property Tax: $1,132
Total assessed value: = $1,434,400

Buyer’s revolution price: 512k


167 2ND ST E, Sonoma, CA 95476
Price Reduced: 10/24/06 -- $599,000 to $565,000
Days on Market: 81

Zillow sez: $520,636
No sale history available
2005 Property Tax: $2,294
Total assessed value: = $153,556

Buyer’s revolution price: $300,800

323 2ND ST E, Sonoma, CA 95476
Owners are licensed california real estate brokers.
Price Reduced: 09/01/06 -- $3,475,000 to $3,275,000
Price Reduced: 10/13/06 -- $3,275,000 to $3,175,000
Days on Market: 133

Zillow sez: $1,093,477
Sale History
09/22/2006: $1,095,000
06/30/2006: $885,000
2005 Property Tax: $1,978
Total assessed value: = $131,005

Buyer’s revolution price: hmmm…. Going to have to SWAG this as it was apparently an entirely different house in 2001. 40% haircut from the most recent purchase price.

Buyer’s revolution price: 657k

772 WILLIAM CUNNINGHAM AVE, Sonoma, CA 95476
Price Reduced: 08/31/06 -- $1,675,000 to $1,674,900

OMG!!!! What a Jackass!!! bwahahahaha!!! $100 off original price! If ever you were inclined to go to an open house and roll on the floor and laugh... may I suggest that this be the one you go to?Days on Market: 176

Zillow sez: $1,412,366
No sale history available
2005 Property Tax: $13,668
Total assessed value: = $1,223,082

(new home in armstrong estates -so let’s SWAG a buyer’s revolution price and do 60% of the assessed value ) = $733,849

17645 MIDDLEFIELD RD, Sonoma, CA 95476 - relisted at least once
Bank repo
Price Reduced: 08/16/06 -- $484,000 to $469,500
Price Reduced: 09/20/06 -- $469,500 to $459,500
Price Reduced: 10/20/06 -- $459,500 to $444,444
Days on Market: 114

Updated Sale History:
06/16/2006: $384,779
06/08/2005: $451,00012/31/2002: $315,00010/01/2002: $220,000
2005 Property Tax: $4,256
Total assessed value: = $460,020

Previous posting from 4/19/06 price reduced list
Price Reduced: 04/06/06 -- $505,000 to $498,000
Days on Market: 26
Zillow said: $483,739
Sale History
06/08/2005: $451,000
12/31/2002: $315,000
10/01/2002: $220,000
Tax: $4,181
Tax value: $327,307

Buyer’s revolution price: $256k

17313 PARK AVE, Sonoma, CA 95476 re-listed at least once since 4/19/06
Price Reduced: 06/25/06 -- $575,000 to $574,900
Price Reduced: 06/26/06 -- $574,900 to $569,000
Price Reduced: 08/05/06 -- $569,000 to $559,000
Price Reduced: 10/09/06 -- $559,000 to $549,000
Days on Market: 148

Posting from price reduced list 4/19/06
Price Reduced: 01/31/06 -- $599,999 to $589,999
Days on Market: 188

They relisted it on 2/16/06 trying to make it look like it has not been sitting on the market not selling.

Zillow said: $580,418
No Sale History Available
Tax $1,825
Tax value $115,351

Buyer’s revolution price: 256k

290 SERRES DR, Sonoma, CA 95476 re-listed at least once
Price Reduced: 10/24/06 -- $1,647,500 to $1,599,000
Days on Market: 170

Posting from price reduced list 4/19/06
Price Reduced: 01/03/06 -- $1,650,000 to $1,595,000
Days on Market: 291

Zillow said: $2,064,436
97 value $400k
No Sale History Available
Tax $16,257
Tax value $1,413,720

Buyer’s revolution price: $678,400

15561 ARNOLD DR, Sonoma, CA 95476 on a previous price reduced list
Price Reduced: 04/14/06 -- $1,795,000 to $1,650,000
Days on Market: 271

Posting from 4/19/06 price reduced list:
Price Reduced: 04/14/06 -- $1,795,000 to $1,650,000
Days on Market: 134
zillow said: $1,073,606
Sale History
08/24/2004: $840,000
02/09/2000: $405,000
tax: $5,464
tax value: $886,800
97 value: $350k

Buyer’s revolution price: 576k

4423 LAKESIDE RD, Glen Ellen, CA 95442
Price Reduced: 03/28/06 -- $445,000 to $429,000
Price Reduced: 04/14/06 -- $429,000 to $399,000
Days on Market: 292

From 4/19/06 price reduced list:
zillow said: $480,311
Sale History
06/14/2002: $160,000
12/01/1999: $56,500
09/01/1998: $64,452

Buyer’s revolution price: $160k


17350 MALLARD DR, Sonoma, CA 95476 on a previous price reduced list
Price Reduced: 03/24/06 -- $1,439,000 to $1,399,000
Price Reduced: 05/26/06 -- $1,399,000 to $1,377,000
Days on Market: 253

Posting from 4/19/06 price reduced list:
Zillow said: $995,614
No Sale History Available
Tax $5,705
Tax Value $521,822

Buyer’s revolution price: 826k
(swag’d 40% off list price as no real zillow record)

15 DON TIMOTEO CT, Sonoma, CA 95476 on a previous price reduced list
Price Reduced: 04/13/06 -- $1,075,000 to $999,000
Price Reduced: 05/09/06 -- $999,000 to $990,000
Price Reduced: 06/14/06 -- $990,000 to $979,000
Price Reduced: 06/27/06 -- $979,000 to $950,000
Price Reduced: 09/18/06 -- $950,000 to $925,000
Days on Market: 255

Posting from 4/19/06 price reduced list:
zillow said: $880,060
Sale History
08/09/2005: $735,000
tax: $934
tax value: $77,751
97 value: $180k

Buyer’s revolution price: $268,800


715 BOYES BLVD, Sonoma, CA 95476 this is a serial offender re-listerPrice Reduced: 05/15/06 -- $799,000 to $794,000
Price Reduced: 06/05/06 -- $794,000 to $759,000
Price Reduced: 07/05/06 -- $759,000 to $739,000
Price Reduced: 07/25/06 -- $739,000 to $719,000
Price Reduced: 08/03/06 -- $719,000 to $699,000
Price Reduced: 09/20/06 -- $699,000 to $675,000
Days on Market: 242

Posting from 4/19/06 price reduced list
Price Reduced: 11/14/05 -- $879,000 to $849,000
Price Reduced: 02/08/06 -- $849,000 to $799,000
Days on Market: 224

this one was relisted at $799,000 on 03/06/06 trying to make it look like it too hasn't been sitting...

Zillow said: $592,526
Sale History
01/26/2001: $200,000
Tax $3,455
Tax value $294,781

Buyer’s revolution price: $256k

451 SAN LORENZO CT, Sonoma, CA 95476 relisted at least once
(an uglier house has rarely been seen- Bel Terreno dog of a subdivision)
Price Reduced: 09/05/06 -- $1,295,000 to $1,195,000
Price Reduced: 10/02/06 -- $1,195,000 to $1,100,000
Price Reduced: 10/17/06 -- $1,100,000 to $1,075,000
Days on Market: 172

Posting from 4/19/06 price reduced list

451 453 SAN LORENZO CT, Sonoma, CA 95476
Price Reduced: 03/22/06 -- $1,300,000 to $1,285,000
Days on Market: 100

Zillow could not find the house

SWAG’d Buyer’s revolution price- give them a 40% haircut as their original listing prices from the top of the overblown bubble were not based on quicksand and wishful thinking.

Buyer’s revolution price: $645k

More from Bel Terreno… Not going to bother looking them up.
436 SAN LORENZO CT #16, Sonoma, CA 95476
Price Reduced: 08/30/06 -- $1,355,000 to $1,295,000
Price Reduced: 10/06/06 -- $1,295,000 to $1,225,000
Days on Market: 206

Buyer’s revolution price: $735k

481 SAN LORENZO CT, Sonoma, CA 95476
Price Reduced: 10/17/06 -- $899,000 to $889,999
Days on Market: 71

Buyer’s revolution price: $534k

401 SAN LORENZO CT #11, Sonoma, CA 95476
Another Bel Terreno dog
Price Reduced: 08/30/06 -- $1,385,000 to $1,295,000
Price Reduced: 10/06/06 -- $1,295,000 to $1,225,000
Days on Market: 373

Buyer’s revolution price: $735k

One from Montini… (not looking this up either)

486 MONTINI WAY, Sonoma, CA 95476
Price Reduced: 10/23/06 -- $889,000 to $874,000
Days on Market: 212

40% haircut for them too. Same unfortunate foolishness of the Bel Terreno developers.

Buyer’s revolution price: $525k

3 Comments:

At 11/13/2006 09:56:00 PM , Blogger Athena said...

FYI... there are over 200 listings on the Sonoma Price Reduced list. I will be posting in stages as it is a PIA to get this information to format correctly on blogger.

 
At 11/14/2006 07:33:00 AM , Anonymous tom stone said...

Thanks Athena,I'llbe having dinner with the president of the sonoma-marin real estate appraisers association tonight...i'm traveling with a gtoup to sacramento for prime rib and a presentation by countrywide on "red flags for appraisers",should be fun,a mutual grilling on the way up,and a lecture on how to lock the barn door.

 
At 11/18/2006 10:15:00 PM , Blogger marin_explorer said...

These are classic. With those DOMs, I really have to wonder why realtors don't coach them to get things moving?

I just have to mention this Sonoma house, because it's so hilariously out of touch:
771 DONNER AVE, Sonoma, CA 95476
Square Feet: 999
Lot Size: 10,106 Sq. Ft.
Year Built: 1951
On Market: 106 days
Now check out the price:
$1,090,000

That's $1091/sqft--which is more than many newer Marin homes.

 

Post a Comment

Subscribe to Post Comments [Atom]

Links to this post:

Create a Link

<< Home

My Zimbio
Top Stories Bloggapedia - Find It!

Estate Real, House New

Housing Crisis

Free Site Submit by
SiteSubmitService.COM