This afternoon, i realize that yesterday was not, in fact, Sunday, even though it felt like one.
No, today is indeed Tuesday, meaning that i managed to completely forget to post up something for YCoolThing, leading to me scrambling around for an hour looking for something reasonably post worthy. Fortunately, the fine folks at Y!Real Estate helped me out by officially announcing their new Home Values thingy. (It collects info about homes from three sites, compiles it together and lets you see what kind of money people are plunking down for their pads. And yes, "thingy" is the technical term for that.)
Since that was kinda dry, i wanted to spice it up by finding a nice, ridiculously priced abode somewhere, so i picked Malibu. Poking around a bit further i discovered this delightful nest-egg that sells for three times what other homes in it's immediate neighborhood. Mind you, that's not some hyper-inflated estimate price, but what someone agreed to fork over pacific real-estate as of 10/03/2006. Dude, i live in California, and that's flat insane pricing for a supe'd up beach bungalow.
So i started doing some investigation to figure out what sort of uber-rich patsy bought this joint.
First thing i did was a search on the address: "23324 Malibu Colony" which lead me to this page to see that Michael Klein was the owner (well, was when the 2004 election was on at the least). Figure a guy like that buying a home is going to make a ripple somewhere on the net, and sure enough searching for "michael klein" malibu home got me an article talking about how he bought it from a Ted Field for $22MM, who had bought the lot from Michael Landon for about $6MM.
Of the three of them, i'd say Mr. Field was the definite winner, having bought a beachside joint for $6MM, sunk $2MM in renovations into it and turned it around for $22MM. Apparently, it ain't Zathura: A Space Adventure and Kazaam that's payin' all the bills.
So, quick tip for all you future real-estate tycoons. First, produce Revenge of the Nerds, then sink that cash into the lot once owned by someone from Little House on the Prairie before turning it over to a financial guy that's bought at the wrong time.
Profit!
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