Eye On Monterey Village

The beat goes on at Monterey Village, and it looks like the new owners are making some sales. They also seem to be playing games with the listings there, since many of the houses were delisted (and not renewed) after the 90 day clock expired, while others have been "sale pending" for over 30 days. It does look like the last asking prices were a bit high for the area. 95757 is averaging $120/sqft right now, which makes the $151/sqft for 5205 Ocean quite a premium to live in a half-built development! Of course, we won't know what the buyer really paid until the sale gets recorded.

5121 Ocean Ln Elk Grove, CA 95757

Total Loss: $6,000 Percent Loss: 2.5% Asking Price: $234,000 Bedrooms:3    Baths: 2    Sq. feet:1825 Last Listing Date: 2009-04-25 True days on market: 60 # of Times Listed: 1 Previous Sales: Sold on 2007-07-30 for $400,000 Sold on 2009-02-23 for $240,000 Likely REO   Status: Active MLS# 90016946      Google Maps Property Tax Bill

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5112 Ocean Ln Elk Grove, CA 95757

Total Loss: $109,483 Percent Loss: 32.3% Asking Price: $229,900 Bedrooms:3    Baths: 2    Sq. feet:1825 Last Listing Date: 2009-04-25 Listing History: Down 4.5% from $240,760 On 2009-03-14 True days on market: 46 # of Times Listed: 1 Previous Sales: Sold on 2007-05-30 for $407,000 Sold on 2009-03-03 for $339,383 Likely REO   Status: Active MLS# 90019296      Google Maps Property Tax Bill

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4912 Ocean Ln Elk Grove, CA 95757

Total Loss: $180,500 Percent Loss: 50.8% Asking Price: $175,000 Bedrooms:3    Baths: 2    Sq. feet:1638 Last Listing Date: 2009-04-25 Listing History: Down 22.5% from $225,900 On 2009-01-10 Down 7.4% from $189,000 On 2009-01-17 True days on market: 109 # of Times Listed: 1 Previous Sales: Sold on 2007-05-30 for $355,500 Status: Short Sale Contingent MLS# 90001584      Google Maps Property Tax Bill

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5200 Ocean Ln Elk Grove, CA 95757

Asking Price: $275,000 Bedrooms:4    Baths: 2    Sq. feet:2119 Last Listing Date: 2009-04-04 Listing History: Down 19.6% from $342,000 On 2009-01-24 Down 8.0% from $299,000 On 2009-02-07 True days on market: 95 # of Times Listed: 1 Status: Delisted MLS# 90006558      Google Maps Property Tax Bill

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5204 Ocean Ln Elk Grove, CA 95757

Asking Price: $249,000 Bedrooms:3    Baths: 2    Sq. feet:1825 Last Listing Date: 2009-04-04 Listing History: Down 21.0% from $315,000 On 2009-01-24 Down 5.7% from $264,000 On 2009-02-07 True days on market: 95 # of Times Listed: 1 Status: Delisted MLS# 90006564      Google Maps Property Tax Bill

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5020 Ocean Ln Elk Grove, CA 95757

Asking Price: $215,000 Bedrooms:3    Baths: 2    Sq. feet:1711 Last Listing Date: 2009-04-04 Listing History: Down 21.0% from $272,000 On 2009-01-24 Down 13.0% from $247,000 On 2009-02-07 True days on market: 95 # of Times Listed: 1 Status: Delisted MLS# 90006569      Google Maps Property Tax Bill

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4926 Ocean Elk Grove, CA 95757

Asking Price: $199,900 Bedrooms:4    Baths: 2    Sq. feet:1711 Last Listing Date: 2009-04-25 Listing History: Down 12.3% from $227,900 On 2008-12-27 Down 4.8% from $209,900 On 2009-02-07 True days on market: 123 # of Times Listed: 1 Previous Sales: Sold on 2007-04-30 for $340,500 Sold on 2008-12-15 for $284,061 Status: Pending Sale MLS# 80123534      Google Maps Property Tax Bill

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5205 Ocean Ln Elk Grove, CA 95757

Asking Price: $215,000 Bedrooms:3    Baths: 2    Sq. feet:1425 Last Listing Date: 2009-03-21 True days on market: 39 # of Times Listed: 1 Status: Pending Sale MLS# 90021350      Google Maps Property Tax Bill

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5016 Ocean Ln Elk Grove, CA 95757

Asking Price: $169,000 Bedrooms:2    Baths: 2    Sq. feet:1001 Last Listing Date: 2009-03-21 True days on market: 46 # of Times Listed: 1 Status: Pending Sale MLS# 90021321      Google Maps Property Tax Bill