patrick.net

Delisted now. Maybe the bank agreed that it made no sense.

Delisted. Now what?

Maybe somebody from Redfin monitors Patrick.net? Many companies are monitoring forums and social media sites to work on their reputations.

chemechie says

Maybe somebody from Redfin monitors Patrick.net?

Why would this have anything to do with Redfin?

It has to do with the fact that the listing agent at Griffin listed it originally at $1.28M and didn't cut fast enough.

I wonder what happens next. The kitchen was all redone, new granite(!) ;-) and interior has fresh paint...I'll have to watch and see!

Buyer was certainly an idiot bearly appreciated 20% over 10 years period or so, and then overpays 2x over 5 year old prices.
MDs not too bright when it comes to money.

Nov 18, 2005 Sold (Public Records) $1,025,000 12.5%/yr
Dec 10, 1999 Sold (Public Records) $510,000 2.3%/yr
Dec 23, 1991 Sold (Public Records) $425,500 6.5%/yr

Rich are not always wise with their money. Just blowing away the fortune.

PasadenaNative says

The family seemed to have gotten out of Dodge pretty quick. The father of the family is a MD at a local hospital, his wife stayed home with the three kids. They had the Benz and the BMW.

I'm just trying to understand what could have happened

Here's one partial explanation:
It sounds like, one thing that happened was that someone was nosy about their neighbors' personal affairs.

Please, I'm not losing sleep over this. I'm just a curious person. I think it's good to be curious about the world around one's self.

PasadenaNative says

Please, I'm not losing sleep over this. I'm just a curious person. I think it's good to be curious about the world around one's self.

Correct. The study of this housing bubble taught me to learn from someone's mistake, you don't have to make the same mistake to learn.

Sybrib says

Here's one partial explanation:
It sounds like, one thing that happened was that someone was nosy about their neighbors' personal affairs.

Oh, and I'm so powerful and influential that my curiosity had something to do with them leaving? It's kinda hard not to hear about people's occupations on this street.

bubblesitter says

Correct. The study of this housing bubble taught me to learn from someone's mistake, you don't have to make the same mistake to learn.

Thank you. What better way to learn than talking and asking questions? I'm using this as an example because it is down the block from me and I can actually see what is going on. No-brainer!

PasadenaNative says

Thank you. What better way to learn than talking and asking questions? I'm using this as an example because it is down the block from me and I can actually see what is going on. No-brainer!

For that same reason I am keeping a close eye on asking and recorded closing prices of the zipcode I am interested in buying. I mostly ignore national or to most extent local headlines like from OC register/LA times cuz for them 1 week the market is up and the next week the market is down. What a joke.

Sybrib says

It sounds like, one thing that happened was that someone was nosy about their neighbors' personal affairs.

Even without bubblesitter's rationalization, which is a good one, how is knowing your neighbors' professions, knowing how many kids they have, and observing their cars nosy? Are you antisocial?

If I needed to know what happened to my neighbors, I'd ask them if there was anything that I could do to help, and probably would find out some more about the matter along the way. Have done this approach before when stuff happened, though not really motivated to pry to find out more. But it didn't occur to broadcast what I saw about them behind their backs without confronting them first.

If you wanna call that antisocial, whatever. Sticks and stones.

haha..I've never met these folks, they live on my street, we are not technically neighbors. I haven't posted their names on the net. Geez, chill!

Sybrib says

If you wanna call that antisocial, whatever.

In this case the neighbor is long gone, so the approach you suggested is not really helpful.

The point is that the OP knew something about the neighbor, extrapolated from those facts, and you called that nosy.

It was just re-listed at a new price...
http://www.redfin.com/CA/South-Pasadena/1928-Fletcher-Ave-91030/home/7009350

Easiest way to tell is to check with the county for the information. Probably a foreclosure or a flip. Sold for 733 in march of 2011.

FortWayne says

Easiest way to tell is to check with the county for the information. Probably a foreclosure or a flip. Sold for 733 in march of 2011.

Quality Auto Repair Since 1979

Yes, it recently foreclosed...first one on the block that I know of.

PasadenaNative says

Yes, it recently foreclosed...first one on the block that I know of.

Might be first of many. Pasadena seems very expensive, and I don't think everyone out there is related to H.Huntington to support the prices.

FortWayne says

PasadenaNative says

Yes, it recently foreclosed...first one on the block that I know of.

Might be first of many. Pasadena seems very expensive, and I don't think everyone out there is related to H.Huntington to support the prices.

Quality Auto Repair Since 1979

True, true. This is actually the city of South Pasadena, small city, huge home prices! Ironically, I live in an apt. on Huntington Drive, named after you-know-who.