1835 ROOSEVELT AVE Redwood City, CA 94061

1835 ROOSEVELT AVE Redwood City, CA 94061

Price: $699,888


Beds: 4
Baths: 2.5
Sq. Ft.: 1,670
$/Sq. Ft.: $419
Lot Size: 4,784 Sq. Ft.
Age (Years): 82
Year Built: 1926
Type: Detached Single Family

Price history:

Date Price
Nov 26, 2007 $820,000
Jan 16, 2008 $799,888
Mar 19, 2008 $699,888

Loss if sold for asking: $2112 or 3%


Comments:  This house is in my neighborhood and it is not a bad house.  The realtor seems to have English and vowel issues since he/she wrote:  “Sellers needs to SALE. . Brng thm an offer”.  This is another case of stubborn sellers.  If they really needed to sell, why did they list it for 120k over what they paid for a few months ago?  Now it’s been on the market for over four months and I bet people are just sitting on the sidelines waiting for it fall some more.

764 8TH AVE Redwood City, CA 94063

764 8TH AVE Redwood City, CA 94063

Price: $678,000


Beds: 4
Baths: 2
Sq. Ft.: 1,510
$/Sq. Ft.: $449
Lot Size: 5,500 Sq. Ft.
Age (Years): 53
Year Built: 1955
Type: Detached Single Family

Price history:

Date Price
Oct 22, 2007 $830,000
Nov 08, 2007 $798,000
Apr 02, 2008 $678,000

Last sale: Jul 13, 2005 $760,000

Loss if sold for asking: $82000 or  10.8%

Comments:  These obstinate sellers finally fell into trouble territory this month.  If they had priced their house at  700k a couple years ago it might have sold quickly, but it’s now 2008, and the Dumbarton neighborhood is being devalued every single day.  I think this property will go down quite a bit to be in line with its zipcode.

718 S IDAHO ST #1 San Mateo, CA 94402

 

718 S IDAHO ST #1 San Mateo, CA 94402

Price: $488,000


Beds: 3
Baths: 2
Sq. Ft.: 1,450
$/Sq. Ft.: $337
Lot Size: 99 Sq. Ft.
Age (Years): 27
Type: Townhouse

Price History:

Date Price
Apr 13, 2007 $699,000
May 18, 2007 $669,000
Jun 05, 2007 $629,000
Aug 08, 2007 $579,000
Oct 15, 2007 $569,000
Mar 24, 2008 $538,000
Mar 24, 2008 $488,000

Last sale: Aug 11, 2005 $720,000

Loss if sold for asking: $232,000 or 32.2%
Comments: This one is an oldie but a goodie. I first saw it about a year ago and I thought, woah! $120k reduction! Now a year later it still hasn’t sold and it just endured another six price cuts.  I guess noone wants a foreclosure.  Perhaps after being featured on this blog it will sell?