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1825 montage ct san jose ca 95131


By crazydesi   Follow   Wed, 2 May 2012, 10:51am   1,616 views   14 comments
In San Jose CA 95131   Watch (1)   Share   Quote   Permalink   Like   Dislike  

Is this worth 700k$?

http://www.redfin.com/CA/San-Jose/1825-Montage-Ct-95131/home/688807

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  1. Patrick


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    1   10:59am Wed 2 May 2012   Share   Quote   Permalink   Like   Dislike   Protected  
  2. crazydesi


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    2   11:07am Wed 2 May 2012   Share   Quote   Permalink   Like   Dislike  

    When I click on your link, it is showing 850k$.

    1825 Montage Ct, San Jose, CA 95131
    Review this house
    Actual value is $851,326. It's OK to pay $700,000.

  3. Patrick


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    3   11:08am Wed 2 May 2012   Share   Quote   Permalink   Like   Dislike   Protected  

    Ah, your assumptions are probably different. I'm using the default assumption of 7 year holding period, 0% house price inflation, 1% rent inflation, etc.

    Click "Change Assumptions" at bottom of calculator.

  4. crazydesi


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    4   11:15am Wed 2 May 2012   Share   Quote   Permalink   Like   Dislike  

    Seems the monthly rent is put as $3,495 in the calculator, which is very high. If I change to 25004, it is coming in your range of 550k$.

    When I told the selling agent, I can offer 680K$, she said it is too low.

    Does it mean,
    1. she has offers more than the listing price or
    2. she wants me to increase my offer?

    If I put the offer price less than listing price, will she will take my offer? Do people give offers less than listing price? If so how does it work.

  5. E-man


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    5   8:13pm Wed 2 May 2012   Share   Quote   Permalink   Like   Dislike   Protected  

    crazydesi says

    If I put the offer price less than listing price, will she will take my offer? Do people give offers less than listing price? If so how does it work.

    You can offer whatever price you want. They can accept, counter, or reject your offer.

    I put a property up for sale 2 months ago for $199k. Sold it for all cash at $215k. Some idiot sent in an offer for $131k. All other offers came in between $190k-$220k.

    Nice house in a nice neighborhood. Centrally located. I believe this house will go pending within the next 2 weeks.

  6. xenogear3


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    6   8:22pm Wed 2 May 2012   Share   Quote   Permalink   Like   Dislike  

    Ok, I will put a $850k cash offer in.

  7. crazydesi


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    7   11:40am Thu 3 May 2012   Share   Quote   Permalink   Like   Dislike  

    This is off of market and sale pending.

    Does it mean someone bought for over 700k$?

  8. bubblesitter


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    8   11:53am Thu 3 May 2012   Share   Quote   Permalink   Like   Dislike  

    crazydesi says

    This is off of market and sale pending.

    Does it mean someone bought for over 700k$?

    I don't know of San Jose market but if it were in the market here in Socal,it means it is going to be back on market with lower then the prior asking price. :)

  9. CrazyMan


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    9   12:17pm Thu 3 May 2012   Share   Quote   Permalink   Like   Dislike  

    Yep, means it'll be back with a different price but who knows if it's higher or lower.

    Seems slightly high to me. If you're going to spend 700K, get a real house instead of an ugly cookie cutter moo factory.

  10. crazydesi


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    10   12:20pm Thu 3 May 2012   Share   Quote   Permalink   Like   Dislike  

    Which one is correct

    off the market --> pending --> sold
    or
    off the market --> relisted

  11. bubblesitter


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    11   12:23pm Thu 3 May 2012   Share   Quote   Permalink   Like   Dislike  

    crazydesi says

    off the market --> relisted

    This.

  12. David9


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    12   12:27pm Thu 3 May 2012   Share   Quote   Permalink   Like   Dislike  

    bubblesitter says

    I don't know of San Jose market but if it were in the market here in Socal,it means it is going to be back on market with lower then the prior asking price. :)

    Thank you for the validation of the endless non sold, revolving mls and prices here in SoCal.

  13. Pristine


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    13   11:24pm Wed 16 May 2012   Share   Quote   Permalink   Like   Dislike  

    So what do you think of the reo property nearby this..2403 flickinger ave San Jose 95131. That was listed at 672000. They had several offers apparently overbidding.

  14. crazydesi


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    14   11:07am Tue 5 Jun 2012   Share   Quote   Permalink   Like   Dislike  

    wow sold for 820,000.

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