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ARBORLAKE 06

4049 Carmel View Rd., Unit 85

San Diego, CA 92130

$756,000

MLS #

NDP2204481

Status

CLOSED

Close Date

08/15/22

Property Description

Contact Agent

 Agent Name

 Agent Phone

 Agent Email

CA DRE #02178359

Property Details

Property Type

Property Type

Bedrooms

Bedrooms

Bathrooms

Bathrooms

Size

Square Footage

Floors

Number of Storeys

Year Built

Year Built

Property Location

Full Address

PROPERTY DETAILS

Property Type

Condominium

Bedrooms

2

Bathrooms

2

Size

1,071

Floors

2

Year Built

1987

List Price

$750,000

Close Price

$756,000

Price per Sq. Ft.

$705.88

List Date

05/05/22

Close Date

08/15/22

DOM

63

CONTACT US

Brant Lee

(858) 232-3488

CA DRE #02178359

INSIDERS PERSPECTIVE

4049 Carmel View Rd., Unit 85 SOLD for $756,000 ($705 PPSF) on August 15th, 2022.


The 2 bed / 2 bath ground level unit was listed for $815,000 on May 12th and then languished on the market for 63 days going through two separate price reductions before going into escrow on July 15th. This unit closed escrow in 30 days.  This unit sold for $59,000 UNDER the original list price.  SOUND FAMILIAR?  This is almost exactly what happened on the sale of  4049 Carmel View Rd., Unit 82 SOLD for $623,500 ($703 PPSQ) on August 1st, 2022.  The Buyers obtained a loan of $648,000 with a 15% down payment.


In terms of upgrades, this home had a few:

  • Laminate wood floors ($5,000).

  • Newer kitchen reskinning including: Cabinets ($6,000), quartz composite countertops in kitchen and bath and kitchen backsplash ($5,000), new kitchen appliances ($2,000).

Inside information from the
#1 condo agents in Carmel Valley.

PRO'S

  • Reskinned kitchen with newer cabinets and brand new quartz composite countertops.

  • Sun-kissed patio off kitchen.

  • Attractive and neutral arts & crafts style color palette and furnishings (looks cozy).

CON'S

  • Ground floor with some privacy concerns with popular pathway abutting the home.

BUYERS INSIGHT

There is no doubt that the seller of this home saw all of the record high sales in Arborlakes and wanted to get in on the action.  Rather than completely overpricing the home, they pried just a little high and had to adjust only two times versus three times on the last sale.  Given the larger floor plan (more Buyers purchase 2/2's than 1'1's) this surprisingly took two months to get into escrow which really illustrated and foreshadowing the coming slowdown as we shift from a Sellers market to a Buyers market.


Identifying the upgrades, the PRO's and the CON'S of each unit and each sale and then knowing these sales comparables intimately is the key for your agent to plead your case to a seller and help you negotiate and then buy at the absolute lowest price point possible, without this in-depth homework, you do not have a strategic advantage to negotiate.  DO NOT put your trust in anyone other than the most experienced condo buyers agents that you can find.  Put your trust in Brant Lee and Chaco Clotfelter the #1 condo agents in Carmel Valley to help you identify opportunities, competitively navigate and then negotiate the offer process and then enjoy a position of control once in escrow. 


We encourage you to give us an hour of your time and we will give you a one-hour driving tour of Carmel Valley condo complexes and we guarantee that you'll learn more in an hour with one of us than you will searching for information about Carmel Valley condos on the internet for a month.  We strive to provide value and arm those that trust us with the most valuable and compelling insight into each complex to help you find the right fit in a complex and then negotiate on your behalf to help you achieve the best possible outcome in the market.  

SELLERS INSIGHT

This home showed beautifully and photographed well with the owner's possessions simply decluttered and did not require staging.  This consistent color palette throughout, likely due to the Sellers fine taste, made this easy home to fall in love with in it's coziness.  Even though so many of us LOVE dogs, we never recommend that you include dogs in our professional photos as some buyers may be visually triggered due to allergies or past confrontations with dogs.  The laminate flooring is a great hypoallergenic floor covering but even still...leave the dogs and cats out of it! ;)

  • List Price: $815,000 (5/12/2022)

  • Adjusted List Price: $798,000 (6/14/2022)

  • Adjusted List Price: $750,000 (7/6/2022)

  • Close Price: $756,000 (8/16/2022)

PROPERTY LOCATION

4049 Carmel View Rd unit 85, San Diego, CA, USA

WHY CHOOSE US?

Your real estate agent should be more than someone who facilitate the transaction. They should be someone who can not only guide you through the process, but also provides knowledge, insight, and counsel along the way. When it comes to investing in and managing one of your most valuable assets, leave nothing to chance (or inexperience).

We specialize in townhomes and condominiums
in North San Diego County.

If you have any questions (no matter how big or small), please contact us to schedule a no obligation appointment or get a personalized tour of the Carmel Valley area.

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