Well, that pretty much undoes all the environmentally friendly stuff.
$2.8 million… I guess being green takes a lot of green.
http://www.zillow.com/homedetails/100-Coleytown-Rd-Westport-CT-06880/57411223_zpid/
Well, that pretty much undoes all the environmentally friendly stuff.
$2.8 million… I guess being green takes a lot of green.
http://www.zillow.com/homedetails/100-Coleytown-Rd-Westport-CT-06880/57411223_zpid/
If they own a Tesla and they need a fancy charging station I don’t think they’re buying my little project in Pt Loma. But the whole energy efficient thing is a big draw. I’m already halfway there with triple pane windows, natural gas and new energy efficient furnace.
Triple pane is probably good for noise, but with the climate in SD I don’t think they will have much impact on heating/cooling costs.
I didn’t bother with triple pane when I replaced my windows here in MA because the payback was approximately forever.
I think the triple pane for noise reduction sounds terrific!
I went on qa modern architecture home tour today. fabulous stuff!! Only about half the homes had benches in the shower, fwiw.
^ It already has triple pane windows because of an airport noise mitigation program.
Not sure if triple pane is actually the best solution for noise, but it’s been awhile since I investigated this. But IIRC there are two-pane variable thickness laminated solutions that are better, but more expense.
I would be really sure your roofer does a good job if you aren’t going to do a tear off. I’ve seen houses that you can tell that they have a double layer…
Dual pane windows with a plastic laminate between the panes is the highest noise reduction. But, I think they are exponentially higher in cost. I am not absolutely sure what was installed in this house because the materials and installation were provided by the San Diego Airport Authority.
The ‘Quiet Home’ program is offered to homeowners in the general San Diego Airport flight path. In exchange, the owner has to allow the Airport Authority to record an ‘Easement’ document against the property that provides for a permanent airplane path easement over the house. In other words, you cannot call up and complain about airplane noise.
I was very concerned about the plane noise so I listened carefully. Obviously, you can barely hear it inside the house with windows closed. That is the reason that they install a full AC system, so homeowners do not have to open the windows during summer. The planes take off on the other side of the hill and are pretty high in the air by the time they get over this house’s location. Similar to the noise level as Guizot. It will turn off some buyers, but I think other buyers will take advantage of the lower pricing for full views to get into the Point Loma area.
I agree about the airplane noise. Our family who lives there can hear the noise, but you know…you get used to it. They have a gorgeous outdoor area that they use a good portion of the year.
You could always stage the house with a nice teak bench.
I live under the flightpath used by Boeing to test-fly their newly built planes (pretty cool - some are silver and have no markings!). The planes fly pretty low, but we pay no attention to the noise. It is just there… The only time we noticed it was in the days after September 11, when all air traffic was grounded - the silence was absolutely eerie. We were so happy to get our airplane noise back!
View properties usually come with some drawbacks: steep driveways, hilly backyards, noise, etc. People who go after views are generally not discouraged by that.
There is a price for everything, if the purpose of the transaction is to flip, as long as the price differential is there for a profit, nothing should stop you to buy.
I have looked at many different properties, one is directly across street of a metal fabrication shop and right near a major highway. Between the noise from the traffic and the sparks from metal grinding, I also have to work with a house in terrible shape. But, there are buyers for that kind of house.
Nothing new to report. Spent most of the day taking signed documents into the escrow office, clarifying something with the Title Company and running around trying to move money all together to get ready to wire into escrow.
For some reason this escrow company will not allow closing funds in Cashier’s Checks so I have to get everything to ‘clear’ at the bank in order to send a wire to Escrow Company. I complained pretty loudly at the Escrow Office about this because they are the only escrow I know that will not accept Cashier’s Checks. First, it is laziness on their part because they don’t want to have to handle and deposit the checks and Second, it actually cost me $25 to send a wire… why should I have to pay that fee to make it easy for them??? They are just so used to working with banks, lenders and homeowner buyers that they go with the path of least resistance, I don’t think anyone has presented an ‘unusual’ case or argument to them. She agreed and knocked $200 off my escrow fee to the inconvenience.
Good for you for speaking up cb!
Just checked out of a hotel–Hyatt Regency O’Hare, which was just miles from the airport and right under the flight path. I’m usually a light sleeper, but tho we could hear the flights somewhat, they didn’t bother me or H at all during our entire 5 night stay. I think with the triple pane, it will not deter the right buyers.
How do the views at the new place compare to the prior property? That was one of the most fun aspects of the prior house — seeing how you opened up those views, especially with the new deck.
nottelling, I guess cb will do a big reveal as soon as all documents get signed and money exchanges hands this week! Fingers crossed.
The Liberace House gets transformed into the Carefree Living House. Or something like that.
After days of moving funds around and waiting for Cashier’s Checks to ‘clear’ the ACH federal system, I will be sending the wire today into escrow for closing. I expect that we will have a deed recorded this afternoon.
The contract was 5 business days but I will be closing one day early, so this escrow was funded and recorded within 4 business days.
As soon as I get back from the bank and make sure everything is underway, I can start posting information about the property.
I searched around and thought I might have found the house, but the pictures show empty rooms. Maybe
the wrong one.
CC FLIP #4
Since I have funded and we are recording today, here is the detailed information.
2728 Nipoma St, San Diego, CA 92106
The photos you will find on the Internet show the Liberace / Louis something decor and furnishings. These belong to the tenant and are now removed from the house. However, I am the proud owner of A LOT of mirrors glued to walls and gaudy stuff stuck everywhere.
It’s interesting to look at Zillow because they place a value of $800k on the house but much higher values on the houses surrounding it. The house to the right (looking from the street) is similar in size but it is actually in much worse condition and it’s living room addition (I am assuming it is an addition) is being held up on the slope with a couple of wood posts that look dangerous to me. My property has a solid full foundation on the slope for the addition. The addition has a flat roof which prohibits me from being able to ‘vault’ the ceilings to give the house a lot of appeal.
The house to the left is in really nice condition and has a lot of added Spanish style character and it is valued wrong by Zillow also. I believe that they finished their basement and have living area there, without permits.
BUDGET ESTIMATES:
Purchase Price $700,000
This may show up on the records as $702,000 but I had a lot of credits in the transaction that saved me about $2,000
REMODEL ESTIMATE: $85,000
CARRYING COSTS: $21,000
These are very high because I borrowed a lot of funds for the purchase and remodel so I have high interest charges. Also, there is going to be a big $3,000 supplemental tax bill. Prior owner tax value is at $96,000 for the house so there is a big difference in the new value for property taxes.
SCHEDULE: 3 months to market and 1 month to sell
I need to try very hard to sell within 4 months because there is a LOT of carrying costs!!
POSSIBLE FUTURE SALE PRICE: $875,000