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Open House Review: 31 Iceberg Rose

Posted: 27 Sep 2012 05:00 AM PDT

If you are interested in 31 Iceberg Rose, you’d better move fast.  While I was there for today’s open house, I saw two different people writing offers.  This former model is a short sale and, with a reduced price, it is finally seeing some seriously interested buyers.

The basics:
Asking Price: $460,000
Bedrooms: 3
Bathrooms: 2.5
Square Footage: 1750
Lot Size: n/a
$/Sq Ft: $263
Days on Market: 110 
Property Type: Condominium, End Unit
Year Built: 2006
Community: Woodbury

HOA dues are $325 per month and there are Mello Roos taxes.

31 Iceberg Rose is a short sale that the owners originally tried to sell on their own.  With an asking price of $570,000, there weren’t any offers.  The price has since been reduced to $460,000, bringing it in line with recent comps.

While this is an end unit, I found it awkwardly situated.  Instead of facing either the street or another row of homes, the front door of this unit faces the garages from a perpendicular row of homes.  When you enter through the front door, the garage door is to your left and a staircase immediately in front of you takes you up to the actual home, which is all on one level.  A coat closet is situated partway up the staircase.

At the top of the stairs, the bedrooms are all to the right and the great room is to the left.  The great room has tiled floors throughout the living room, kitchen and breakfast nook.  A large wall of built-ins anchors the living room.  The house isn’t currently furnished and I had a hard time imagining it as a cozy room.  A balcony off the living room has space for a small table and a couple of chairs, but the view is of the neighbors’ garages.

The kitchen is narrow, with an island separating it from the living room.  It has granite counters, stainless steel appliances that include a four-burner stove, and attractive mocha-stained cabinets.  While it does seem to have ample cabinet space, the counter space is limited.  Because it is so narrow and not really a separate room, it feels very small.  There is a breakfast nook off to the side that serves as the home’s only dining area.  Down a short hallway, I found a laundry room, half bath, and a pantry.

The first bedroom off the top of the stairs is the master, though I didn’t realize that when I first walked in.  The room itself is comparable in size to most secondary bedrooms and it wasn’t until I saw the bathroom that I realized it was the master.  The bath features a separate shower and tub, two sinks, and two walk-in closets.  The bedroom has a view of a park and pool.

The other two bedrooms are average sized.  One has a walk in closet; the other has a standard closet and a small balcony.  They share a bathroom with two sinks and a shower/tub combo.  All of the bedrooms are carpeted.  The bathrooms have tile floors and counters.

This home is in good condition and clearly has interested buyers, but the small master bedroom and kitchen and the cold-feeling living room were big turnoffs for me.  However, if it suits your style, I would get all of your paperwork in order and call the realtor ASAP.

UPDATE:  31 Iceberg Rose is now pending.


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