3791 CALLAN Blvd South San Francisco, CA 94080
3791 CALLAN Blvd South San Francisco, CA 94080
Price: $596,550
| Beds: | 3 |
| Baths: | 2.5 |
| Sq. Ft.: | 1,810 |
| $/Sq. Ft.: | $330 |
| Lot Size: | 2,744 Sq. Ft. |
| Age (Years): | 42 |
| Year Built: | 1966 |
Last sale: Dec 01, 2006 $750,000
Loss if sold for asking: $153450 or 20.5%
Comments: This is a brand spanking new May listing! Listing says it needs a little TLC, so I’m guessing you should bid a bit lower to offset the repair costs.
2480 GONZAGA St East Palo Alto, CA 94303 – Rolled Back to 1999!
2480 GONZAGA St East Palo Alto, CA 94303
Price: $220,900
| Beds: | 3 |
| Baths: | 1 |
| Sq. Ft.: | 1,010 |
| $/Sq. Ft.: | $219 |
| Lot Size: | 6,000 Sq. Ft. |
| Age (Years): | 57 |
| Year Built: | 1951 |
Sales history:
| Date | Price | Appreciation |
| Jun 25, 1999 | $230,000 | |
| Jun 15, 2005 | $560,000 | |
| Apr 12, 2007 | $74,201 | |
| Aug 07, 2007 | $480,865 |
Listing history:
| Date | Price |
| Apr 10, 2008 | $295,900 |
| May 02, 2008 | $220,900 |
Loss if sold for asking: $259965 or 54.1%
Comments: Here’s a highlight from the last report. Okay, so this one is in East Palo Alto, but it just got a new price cut and now the listing price is lower than its 1999 sales price of $230,000! Considering inflation and such in the last 9 years, $230,000 in 1999 is worth considerably more than $220,900 now. We will see if this happens in the rest of San Mateo!
1313 CARLTON Ave Menlo Park, CA 94025
1313 CARLTON Ave Menlo Park, CA 94025
Price: $375,000
| Beds: | 3 |
| Baths: | 1 |
| Sq. Ft.: | 1,110 |
| $/Sq. Ft.: | $338 |
| Lot Size: | 6,000 Sq. Ft. |
| Age (Years): | 59 |
| Year Built: | 1949 |
Listing history:
| Date | Price |
| Mar 28, 2008 | $475,000 |
| Apr 10, 2008 | $375,000 |
Last sale: Jun 24, 2005 $675,000
Loss if sold for asking: $300000 or 44.4%
Comments: In the last summary issue of San Mateo Home Sellers in Trouble we saw 1320 Carlton in Menlo Park. It seems that this house down the street at 1313 Carlton is a much better deal. This is a short sale and it’s bigger than the property at 1320. These two houses on Carlton are currently the cheapest homes in Menlo Park by listing price.
1522 2ND Ave San Mateo, CA 94401
1522 2ND Ave San Mateo, CA 94401

Price: $479,900
| Beds: | 2 |
| Baths: | 1 |
| Sq. Ft.: | 970 |
| $/Sq. Ft.: | $495 |
| Lot Size: | 5,200 Sq. Ft. |
| Age (Years): | 62 |
| Year Built: | 1946 |
Sales history:
Sep 02, 2005 $685,000
Jan 11, 2008 $493,000
Loss if sold for asking: $13100, or 2.7%
Comments: This is currently the cheapest single family home in the city of San Mateo by price. It is pretty ugly, though. I am pretty sure it is a foreclosure because the last price was from January of this year and it is higher than the listing price. It is down 200k from its price in 2005.
170 NORTHUMBERLAND Ave Redwood City, CA 94063
170 NORTHUMBERLAND Ave Redwood City, CA 94063

Price: $279,000
| Beds: | 2 |
| Baths: | 1 |
| Sq. Ft.: | 630 |
| $/Sq. Ft.: | $443 |
| Lot Size: | 2,625 Sq. Ft. |
| Age (Years): | 103 |
| Year Built: | 1905 |
Listing history:
| Date | Price |
| Feb 25, 2008 | $349,000 |
| Mar 17, 2008 | $329,000 |
| Apr 07, 2008 | $299,000 |
| Apr 17, 2008 | $279,000 |
Last sale: Apr 01, 2005 $485,000
Loss if sold for asking: $206,000 or 42.5%
Comments: This “charming doll house” is over one hundred years old! It is cute, but is it livable?