Philleen Meskin

Extraordinary Opportunity in one of the more desirable areas of Santa Monica: On a large lot.Approx. 9435 square feet – zoned SMR2

philleen — Wed, 15 Feb 2012 21:23:06 +0000

ready to build your own home...

This property is currently listed for sale for $1,450,000. It is an opportunity that does not happen often in Santa Monica. A large lot for sale, 2 bedrooms and 1 bath, plus a bonus room…and a bedroom that’s not on the assessors count. Close to Montana Avenue amenities and downtown Santa Monica…built around 1910, with some low grade updates throughout the years. Create your dream house; There are larger 2 story developments on either side of the property. Buyer to verify all information, check all stipulations and city requirements for development of this property.

Foreclosure SOLD 3 bed/2bath in Simi Valley

philleen — Mon, 16 Jan 2012 21:36:42 +0000

Best Location, Best Price

Sold for $340,00. Great buy in Simi Valley. This is what we all want to do..buy a home that needs some cosmetic work for the lowest price in one of the best neighborhoods. Call Philleen for details on how she can do this for you too.

Sold….3560 Glenrose Ave in Altadena at a Great Price $435,000

philleen — Tue, 11 Oct 2011 21:15:57 +0000

This home makes you feel like you have entered a spacious oasis.NEW ON THE MARKET WITH MORE UPDATING; COMPLETING THE MASTER SUITE assessor has the sq ft as 1500+ . Offered at $435,000 with 3 bedrooms & 2 baths plus a family room. You might have seen this home before but it’s NEW again, with more improvements & updating. The living room with wood floors is now a great ENTRE into the rest of the house that flows into the hacienda/Santa Fe style kitchen/dining area/great room with updated fireplace. The kitchen is light & bright with stainless steel appliances, sub-zero refrigerator & new ceramic tile floors; extensive updating includes central air/heating, wood blinds, plus freshly painted interiors & exterior in warm & pleasing designer colors. There’s a large family room that could be a second master bedroom. The new Green landscaping has sprinklers on timers . There’s an inviting & serene back yard with above ground spa, covered patio & beautifully landscaped with native plants just perfect for Alfresco dining. Located on a private cul-de-sac, Close to the Loma Alta Equestrian center with gorgeous mountain views and so much more. There’s parking for many cars in the carport & driveway with lots of storage. Click on the photo for MORE photos. The seller is also open to a Lease with an option or a straight One Year Lease Agreement.

Call to see inside. …818-241-8375

SOLD in Mt Washington 2 bed/2 bath home completely updated

philleen — Wed, 27 Jul 2011 17:29:28 +0000

Fabulous contemporary home with magnificent views and terraced gardens.

SOLD…5700 Etiwanda in Tarzana

philleen — Thu, 30 Jun 2011 17:22:23 +0000

Wonderful Bank owned property in escrow. 3 bedrooms and 2 baths with cathedral ceilings. Call to see how you can get one too!

Leisure Village 3 bed/2 bath home in Camarillo $249,900 SOLD

philleen — Wed, 29 Jun 2011 23:10:51 +0000

23209 Village 23

Very nice El Dorado model in lovely Leisure Village (55+)community. This home has a great floor plan,3 bedrooms & 2 baths with the 3rd bedroom actually open to the living room to form a lovely den or reading room. The living room opens up to a very large garden room that is not included in the sq ft with a huge greenbelt view. There’s also a patio for outside entertaining. Quality New Carpet throughout the house, with decorator curtains & touches. The El Dorado model has a formal dining area & an eat-in kitchen area & is one of the few L.V. models with a den. High sloping ceiling in the living room & mirrored wall in the dining room gives a very open & spacious feeling. Great location off the main roads. The laundry room is right off the kitchen. All this plus all the amenities, activities and 24-hour gated security leisure village has to offer. The Leisure Village senior community offers a pool, spa, golf, bocce ball, library, sewing room, pavilion, picnic area, garden area & much more.

Buyer Got a Great Deal

philleen — Fri, 22 Apr 2011 18:19:12 +0000

Just closed escrow on this hillside sanctuary in Highland Park. This recently updated 3 bedroom & 2 bath offers all of the amenities you are looking for. A private backyard with custom wood decking and an abundance of flowering vines, roses, and fruit trees..also includes a separate garage with laundry area and a built out basement with plenty of room for storage. Sold in the low $300′s

SOLD…Burbank 2 bed/2 baths + Den $500,000 Plus bonus Building

philleen — Thu, 17 Mar 2011 17:35:37 +0000

This is the home you have been waiting for in the much coveted Burbank Rancho’s neighborhoods. Step into the lovely living room with fireplace & gleaming wood floors that opens into the dining area and sunroom/den. So you need a home office or designers studio? Look no more.This home has it all. Click on the large photo to see more pictures of the home.

As featured on the American Horror Story TV show

admin — Fri, 04 Mar 2011 04:58:44 +0000

Large Estate in Country Club Park adjacent to Hancock Park & West Adams Hill Historic Area. This is a very unique property that would be excellent as a Community Facility, for a Church or Religious Organization, an Embassy, a Special Arts School, or someone with exceptional needs for large spaces to live, play and work. click on large photo to see more pictures. Call or email for a private showing.

Offered at $8,500,000

Recently Sold in Glendale

philleen — Tue, 28 Dec 2010 22:34:06 +0000

Emerald Isle Gem, a hillside 70′s modern with an updated kitchen, stainless steal appliances & breakfast bar; nestled in prestigious Chevy Chase Canyon. This spacious 2-story 3 bedroom & 3 bath home replete with step-down living room & adjacent formal dining room opens to the large great room with crown molding. sold for $777,000.

Philleen’s Winter Market Update 2010

philleen — Wed, 08 Dec 2010 21:56:52 +0000

Make Smart Money Choices

There’s triple trouble for the Golden State’s struggling real estate market: the usual seasonal slowdown, a weak economy and “unrealistic asking prices” by some sellers, according to a report today from the California Association of Realtors.

Statewide, the seasonally adjusted home sales rate dropped 3.5 percent in October from the month before, the group reported. Year over year, though, sales were down 19.6 percent, although the market last fall was bolstered by federal tax credits for many homebuyers. The median price of a resale single-family house was up 2.3 percent from a year earlier to $304,220.

“We’re really seeing two different housing markets – one at the lower-end driven by first-time buyers and investors, which is keeping prices stable, and one with nostalgic sellers who set unrealistic asking prices,” Leslie Appleton-Young, the group’s vice president and chief economist, said in a news release today. The group’s report is based on sales and price information from regional multiple listings services. “Sellers need to consider current market conditions when pricing their home in order to facilitate a shorter time on the market,” she said.

Ask Philleen Meskin for a FREE Market Analysis on your property today

While some people are worrying about how they will make their next mortgage payment, others are wondering whether it makes sense to make extra payments in advance. If you make additional payments in advance, you can apply them to principal, which will reduce the interest costs but won’t allow you to skip payments in the future.

BofA spokesman Rick Simon says that when you pay more than the amount due on your mortgage, you are asked to indicate if you want the extra amount applied to principal. If you do, the loan balance will be reduced by the extra payment. The next month, interest will be calculated on a slightly lower balance. Your monthly payment will be the same as always, but a little more of it will go toward principal and a little less toward interest.

Sandi Bragar, a wealth manager with Aspiriant, says she would not pay in advance hoping to avoid a payment later “unless I had it in writing” from the bank. The bigger question is whether prepaying principal is wise. “If you are worried about being in a situation where you can’t make the payment, keep the money in a savings account or explore certificates of deposit,” Bragar says. Sometimes it’s better to hold the cash and have more choices later.

SUMMER 2010 ISSUE

admin — Tue, 07 Dec 2010 18:56:00 +0000

REAL ESTATE REPORT

To contact Philleen CALL 818-557-8593

LOS ANGELES (Aug. 24)– California home sales decreased 20.8 percent in July compared with the same period a year ago, while the median price of an existing home rose 10.4 percent from July 2009, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.“July’s sales decrease was not unexpected, given the strong sales activity we saw in May when buyers took advantage of expiring federal and state home buyer tax credits,” said C.A.R. President Steve Goddard. “This likely pulled forward sales that otherwise would have closed in June or July. ”Even without tax incentives, buyers waiting on the sidelines should take advantage of historically low interest rates and current home prices,” he said.

Closed escrow sales of existing, single-family detached homes in California totaled 440,370 in July at a seasonally adjusted annualized rate, according to information collected by C.A.R. from more than 90 local REALTOR® associations statewide. Statewide home resale activity decreased 20.8 percent from the revised 555,780 sales pace recorded in July 2009. Sales in July 2010 decreased 10.9 percent compared with the previous month.

Entry-level housing affordability declines in Q2

The percentage of households that could afford to buy an entry-level home in California declined to 64 percent in the second quarter of 2010, compared with 67 percent for the same period a year ago, according to a report released last week by C.A.R.The minimum household income needed to purchase an entry-level home at $266,750 in California in the second quarter of 2010 was $43,960, based on an adjustable effective interest rate of 4.09 percent and assuming a 10 percent down payment. The monthly payment including taxes and insurance was $1,470 for the second quarter of 2010.

At 84 percent, the High Desert region was the most affordable area in the state. The San Luis Obispo County region was the least affordable in the state at 48 percent, followed by the San Francisco Bay region at 49 percent.

Home buyers’ interest in green home features increases

More than half of all home shoppers report that green home features, from energy efficient appliances to solar panels, are an important part of their purchasing decision, though only one percent of home listings market these features to buyers, according to a Realty survey.
The survey revealed that 55 percent of respondents rated a home’s green features as a “somewhat important” or “very important” part of their home hunt.Home buyers who view green features as a priority ranked them important because they help save money and allow them to help the environment, according to the survey. Other reasons home buyers value green features include: Occupant/family health, 37 percent; tax credit availability, 12 percent; and the home’s resale value, 15 percent.

Although homebuyers overwhelmingly rated energy efficiency the most important green feature in a home (89 percent), an additional survey found that less than 1percent of homes on the market included the term in their description of the home.

MARKET UPDATE