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	<title>Sweet Orange &#187; housing stock</title>
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	<link>http://www.sweetorangehousing.com</link>
	<description>Is the Orange County housing juice worth the squeeze?</description>
	<pubDate>Tue, 07 Feb 2012 07:37:49 +0000</pubDate>
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		<title>A Sample of Housing in Irvine&#8217;s Northwood Neighborhood</title>
		<link>http://www.sweetorangehousing.com/2009/05/27/a-sample-of-housing-in-irvines-northwood-neighborhood/</link>
		<comments>http://www.sweetorangehousing.com/2009/05/27/a-sample-of-housing-in-irvines-northwood-neighborhood/#comments</comments>
		<pubDate>Wed, 27 May 2009 08:30:43 +0000</pubDate>
		<dc:creator>Sylvia Walker</dc:creator>
		
		<category><![CDATA[Irvine]]></category>

		<category><![CDATA[housing]]></category>

		<category><![CDATA[housing stock]]></category>

		<category><![CDATA[housing types]]></category>

		<category><![CDATA[Northwood]]></category>

		<category><![CDATA[Orange County]]></category>

		<guid isPermaLink="false">http://www.sweetorangehousing.com/?p=251</guid>
		<description><![CDATA[As I mentioned before, Irvine&#8217;s Northwood neighborhood has a mix of housing types. The following list gives a representation of  this mix.

These photos of  54 Monroe, a condo, and 4 Carlyle, a detached home, are good examples of the older homes that are part of the Northwood housing stock. See yesterday&#8217;s post for a picture [...]]]></description>
			<content:encoded><![CDATA[<p><span style="font-size: 11pt; line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;"><em><img class="size-full wp-image-5301 alignleft" title="monroe-condo" src="http://www.sweetorangehousing.com/wp-content/uploads/2009/05/monroe-condo.jpg" alt="monroe-condo" width="154" height="102" /></em></span><a href="http://www.sweetorangehousing.com/2009/05/26/irvines-northwood-neigborhood-a-diverse-mix-of-housing/">As I mentioned before</a>, Irvine&#8217;s <a href="http://www.redfin.com/search#lat=33.70795749999961&amp;long=-117.76474950000002&amp;market=socal&amp;region_id=10473&amp;region_type=1&amp;status=1&amp;v=4&amp;zoomLevel=11">Northwood </a>neighborhood has a mix of housing types. The following list gives a representation of  this mix.</p>
<p><span style="font-size: 11pt; line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;"><img class="size-full wp-image-5306 alignright" title="carlyle-detached" src="http://www.sweetorangehousing.com/wp-content/uploads/2009/05/carlyle-detached.jpg" alt="carlyle-detached" width="156" height="118" /></span></p>
<p>These photos of  54 Monroe, a condo, and 4 Carlyle, a detached home, are good examples of the older homes that are part of the Northwood housing stock. See yesterday&#8217;s post for a picture of a newer Northwood home, or click on the link for 59 Wonerdand (Northwood II).<em><br />
</em></p>
<p><span style="font-size: 11pt; line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">At <a href="http://www.redfin.com/CA/Irvine/173-Pineview-92620/home/4788023">173 Pineview</a> is a 1978 condo with 2 bedrooms and an asking price of $320,000 ($266). The homeowners association fee is $299 per month. After listing this home for $349,000 on February 1 and repeatedly lowering the asking price, these homeowner decided to try a different tactic. On May 11, the homeowners increased the asking price from its previous price of </span><span style="font-size: 11pt; line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">$300,000 ($250/SF). I am not sure what the marketing strategy is with this move.<br />
</span></p>
<p><span style="font-size: 11pt; line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">At <a href="http://www.redfin.com/CA/Irvine/54-Monroe-92620/unit-73/home/5321866">54 Monroe #73</a> is a 1985 condo with two bedrooms that has an asking price of $329,000 ($336/SF).This home sold in March 2005 for $403,000; however, in March 2001, this home sold for $192, 000. Also, this home is near the 5 freeway. </span><span style="font-size: 11pt; line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">The homeowners association fee is $175 per month. </span></p>
<p><span style="font-size: 11pt; line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">At <a href="http://www.redfin.com/CA/Irvine/17-Fremont-92620/home/4780472">17 Freemont </a>is a 1978 detached, 5 bedroom home that had an asking price of $523,000 ($262/SF).</span><em><span style="font-size: 11pt; line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;"> </span></em><span style="font-size: 11pt; line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">This home sold in March 2009 for $494,902. The odd number makes me think that this is a bank takeover.</span><em><span style="font-size: 11pt; line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;"> </span></em><span style="font-size: 11pt; line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">No homeowners association fee was listed.</span></p>
<p><span style="font-size: 11pt; line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">At <a href="http://www.redfin.com/CA/Irvine/6-Carlina-92620/home/4785519">6 Carlina</a> is a 1978 detached, 4 bedroom home with an asking price of $609,900 ($339/SF). This price is a recent reduction from the previous price of $628,888 or $349/SF. This home sold in 2004 for $</span><span style="font-size: 11pt; line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">590,000. There is no homeowners association or Mello Roos fees.</span></p>
<p><span style="font-size: 11pt; line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">At <a href="http://www.redfin.com/CA/Irvine/4-Carlyle-92620/home/4794548">4 Carlyle</a> is a 1978 detached, 4 bedroom home with an asking price of $779,000 ($311/SF). </span><span style="font-size: 11pt; line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">This home sold in 2003 for $</span><span style="font-size: 11pt; line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">590,000.</span><span style="font-size: 11pt; line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">There is no homeowners association or Mello Roos fees.</span></p>
<p><span style="font-size: 11pt; line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">At <a href="http://www.redfin.com/CA/Irvine/59-Wonderland-92620/home/5945286">59 Wonderland</a> is a 2004 condo with 3 bedrooms and an asking price of $660,000 ($307/SF). </span><span style="font-size: 11pt; line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">This home in card-gated Northwood II sold in December 2004 for $</span><span style="font-size: 11pt; line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">760,000. </span><span style="font-size: 11pt; line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">The homeowners association fees are $128 and $144.</span></p>
<p><span style="font-size: 11pt; line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">At <a href="http://www.redfin.com/CA/Irvine/2-Mahogany-Dr-92620/home/4788797">2 Mahogany</a> is a 1998 detached, 5 bedroom home with an asking price of $1,599,000 ($457/SF). </span><span style="font-size: 11pt; line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">This home in guard-gated Northwood Pointe sold in 2003 for $</span><span style="font-size: 11pt; line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">960,000.</span><span style="font-size: 11pt; line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;"> The homeowners association fees are $40 and $100.</span></p>
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