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You are here: Home / Market Reports / Roseville Broker is a $6 Million Man

Roseville Broker is a $6 Million Man

January 19, 2009 by Nick Sadek Leave a Comment

We’re gonna start calling Nick Sadek the $6 million man.

He’s the Roseville real estate broker who last year sold Eddie Murphy’s Granite Bay mansion for $6.1 million.

Now he’s listing another Granite Bay home. For $6.9 million. Which makes it the priciest listing in the tri-county area.

Hasn’t he heard the real estate market is in the doldrums? Well, yes, he acknowledges it’s a buyers’ market. And that there’s been a “blood bath” in some sectors.

But the luxury market, where he operates, has “held up pretty well,” says the 42-year-old Sadek, who heads NRS Real Estate.

Citing MLS data, he says 15 homes priced at $2 million or more have been sold in the past 12 months in Sacramento, Placer and El Dorado counties. On average, sellers got about 95 percent of their asking prices.

It’s partly because there aren’t that many palatial estates on the market, he says. And buyers at that level – company CEOs, entrepreneurs, entertainers and physicians – aren’t affected as much by the economic downturn.

“Sure, they’d like to get a deal,” he says. “But if they see something they like, they’re going to pay what the seller is asking.”

* * *

Not a fixer-upper: Sadek’s newest listing is something to behold: a 16,200-square-foot Tuscan-style estate built on spec at 8914 Collina Court in the gated Bella Terra subdivision.

What do you get for $6.9 million? A sprawling mansion and guesthouse with eight bedrooms, 14 baths, pool, workout room, six-car garage and a 20-seat movie theater.

The master suite alone measure more than 1,500 square feet with separate “his” and “hers” bathrooms, separate walk-in closets and a massage room.

Extra touches include imported marble floors, 30-foot ceilings and $400,000 worth of custom woodwork.

How did Sadek snag the listing from local builders Alex and Irina Naydenko of Astra Design Inc.? He says he caught their attention by selling a few other nearby mansions.

One other notable transaction also might have helped. “You get a lot of attention when you sell Eddie Murphy’s house,” Sadek says.

* * *

A fast one: It required the head of Caltrans to help pull off the perfect surprise party for megabuilder C.C. Myers this week.

His staff had secretly planned a party to celebrate Myers’ 70th birthday late Monday afternoon. But when Myers left work early, they were stumped about the best way to lure him back to the Rancho Cordova office.

Somebody suggested that Caltrans director Will Kempton give him a call.

Kempton left a message on the contractor’s cell phone, saying there was an urgent problem with the I-5 repair project that Myers’ firm is tackling this summer. “He called back in 15 minutes … and I told him I needed to see him right away in his office,” Kempton says.

The ruse worked. Kempton met Myers at the company’s front door. They entered together. About 100 celebrants were waiting.

* * *

Title role: Don’t ask for the receptionist at the Sacramento office of Sundt Construction. They don’t have one.

The person who answers the phone and greets visitors is called “director of first impressions.”

The title emphasizes “how important the job is,” says Jeanette Cadena, a Sundt manager.

“It’s the first person you talk to when you call and the first person you see when you walk in,” she adds.

The title currently belongs to 20-year-old Emma Haney, who joined the company last month.

“When I was hired, they just told me I’d be a receptionist,” she says. “Then I found out I had a title. I was sort of taken aback.”

In a good way.

 

By Bob Shallit

Filed Under: Market Reports

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