Property Description
Contact Agent
Brant Lee
(858) 232-3488
CA DRE #02178359
Property Details
Property Type
Condominium
Bedrooms
2
Bathrooms
2
Size
944
Floors
2
Year Built
1997
Property Location
12557 Ruette Alliante unit 176, San Diego, CA, USA
PROPERTY DETAILS
Property Type
Condominium
Bedrooms
2
Bathrooms
2
Size
944
Floors
2
Year Built
1997
List Price
$820,000
Close Price
$820,000
Price per Sq. Ft.
$868.64
List Date
03/23/22
Close Date
04/15/22
DOM
7
CONTACT US
INSIDERS PERSPECTIVE
12557 Ruette Alliante, Unit 176 SOLD for $820,000 ($868 psf) on April 18th, 2022. This represents the highest sale of the Sellers market which officially ended in June 2022.
The 2 bed 2 bath upstairs unit was originally listed for only $688,800 on March 23rd but what happened was the listing agent was inundated or swarmed with Buyer activity and set an offer submission deadline date of March 29th at 9am. So buyers had 6 days to kick the ties and submit their offers. On March 30th the listing agent RAISED the list price to $798,800 in order to allow the Buyer to obtain a better appraisal for their loan and to place the list price closer to comparable sales ( this was happening constantly for financed offers in the frothy sellers market) and then the property went into escrow that very same day. This unit sold for $148,800 more than the original list price but it is safe to say that the listing agent priced the unit way under market. This 'list the home for much lower than market value' strategy worked very successfully for the Seller. The Buyer obtained a loan for $710,000 or 86% loan-to-value.
Inside information from the
#1 condo agents in Carmel Valley.
PRO'S
No stairs (ground floor unit).
CON'S
Limited privacy on the ground level with most living with their blinds closed, potential noise concerns from the unit above.
In terms of upgrades, this unit did not have a single upgrade (we don't include light fixtures, faucets or cabinet hardware)The unit was a rental from 2009 to 2022.
What do you notice about the photos? This unit didn't have any staging with the exception of a bowl of plastic lemons and three plastic plants. Other than the frothy and hyperactive Sellers market, why did this unit attract so much attention? PRIVACY and trees. The trees located outside the kitchen windows really made this particular unit feel like a tree house with enhanced privacy. When a unit has an organic asset like enhanced privacy, Buyers notice and this unit becomes more valuable regardless of any upgrades or in this case a lack thereof.
BUYERS INSIGHT
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
When looking for the “right” agents to list your home, make sure they have in-depth knowledge and insight of your community, nearby communities, and the surrounding area, including floor plans, community pros and cons, HOA CC&Rs, rules and regulations, state/local laws and other factors that may effect the sale of your property. Expect more from your real estate agent.
DO NOT put your trust in real estate agents that treat you like another transaction. Any licensed real estate agent can run comparative reports, but do they really know your community inside and out? We specialize in the 32 townhome/condominium communities in Carmel Valley. Put your trust in Brant Lee and Chaco Clotfelter the #1 townhome/condominium agents in Carmel Valley to help guide you through the selling process. Our experience and in-depth market knowledge can help you competitively price your property, assist with property preparation and presentation, finding buyers, and successfully negotiating and dealing with them. All of this matters as it relates to our goal to get you the highest and best price possible for your home, and earn a client for life.
We encourage you to give us a call to discuss how we can help you sell your home.
PROPERTY LOCATION
12557 Ruette Alliante unit 176, 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.