I was so excited when I found today’s Friday’s Featured Flip on Monterey because it’s going to prove that I’m not the preservationist freak that many of my comments about previous flips may have led you to believe…not that there’s anything wrong with being a preservationist freak…
I don’t think the Monterey-Flippers left a single original detail, fixture, or surface in this house. And I think they made the right call. They so completely transformed this house I struggled to match the before and after pictures. But because I never quit (unless I do), I think I figured it out.
The property history of Monterey suggests to me that something was seriously wrong with it because it looks like a flipper bought it in January of 2015 before selling it to the Monterey Flippers in February. Then the Monterey flippers turned around and tried selling it a month later in March of 2015.
Based on their work here, I think the Monterey Flippers are seasoned professionals, who know their s**t. Which means that what ever they discovered in March of 2015 must have been seriously scary to make seasoned flipper want to cut and run. After it didn’t sell for five months, they probably figured they had no choice but to rehab it.
If this house sells for close to asking, they stand to make…drum roll please…$755K! They obviously won’t get all of that $$$ given the construction costs, realtor fees, and carrying costs. But I would hope that they would at least break even and maybe have just enough left over for an “In-n-Out” meal deal.
Before I show you the house, I should say that I made a lot of snarky comments about the house on the pictures but that’s only because I can’t control myself when it comes to trying to be funny…#ihavearealproblem…my comments are really just nit-picky observations. Overall, I think the Monterey Flippers did a stellar job. They made a lot of smart and thoughtful choices in obvious areas and less obvious areas. The Monterey Flippers and Arcadia flippers are tied for first place in my mind.
Here’s a picture that illustrates how much, and why, I admire these flippers…
In this downstairs area they put in a lot of detail: the door hardware, the glass door inserts and a Nest. None of these things were necessary down here because by the time a potential buyer gets down here they’ll have already been wowed by the views, kitchen, and open concept and won’t notice any of these details. The Monterey Flippers added these details because I think they are committed to producing a quality product, and once the buyer are actually living in this house they will definitely appreciate these details.
This place was a wreck and that’s evident from the first look you get of this house.
Livingroom, Dining Room & Kitchen: Before
Okay, this is where I started to struggle to match the before’s and after’s. What I think they did here was blow out the entire first floor and add-on to the back of the house, combining what used to be three different spaces into…well…you’ll see…
The fireplace was tragic. Glad to see it go.
Livingroom, Dining Room & Kitchen: After
You’re about to see this kitchen up close and you’re going to be blown away.
Okay, look at that view?! It’s so nice. I am not, however, digging the silver trim connecting the back-splash tile with the windowsill tile. It’s a little too…Vegas…for my taste…especially since it stops 1/3 of the way up the window. I would have tiled the whole wall up to the ceiling.
Did you notice that wine fridge? I mean, Monterey-Flippers, you just stole my heart…(sorry Mr. Man.)
Another nit-picky thing: the microwave above the stove. This kitchen is huge. They should have either built a cubby for it or just not installed one at all. Plus, it looks super high and you can see the “wood” on the cabinet to the right and left of the microwave. You’ll notice it more in the picture below.
These rooms are pretty scary. If you have young children looking over your shoulder, you may want to overt their gaze.
The two windows in the back of the room in the picture above face the back of the house. The third window on the adjacent wall is how you can distinguish the two bedrooms. What’s covering that 3rd window? Okay, that’s weird.
Master bedroom & bathroom: After
I really love the shower stall. I wish they would have taken a picture of the whole bathroom after the glass shower stall had been installed. So you could see the full effect. I also appreciate the drain they have in the shower. I’m not sure what it’s called but it’s supposed to blend into the floor, making it seem like there isn’t a drain. Super fancy. One question I have about this type of drain: what happens to all the hair that usually flows to the old-fashioned drains?
Family Room: Before
This room is over the garage, I think.
Family Room: After
They seriously re-jigged this bathroom around unless they moved the bathroom to another part of the house entirely.
I’m sure the really observant Friday’s Featured Flip Fans (FFFF) will have noticed that the Monterey-Flippers used the same tile in the showers here that the Arcadia Flippers used in their master bathroom…I thought they might be the same flipper, but they aren’t. I checked. There must have been a sale on this tile at Flipper ‘r Us.
Back of the house: After
Well there you have another Friday’s Featured Flip. What do you think? I’d love to hear what you think about the changes they made? Would you buy this house if you had $1.2 m?