3550 CARTER Dr #00078 South San Francisco, CA 94080
3550 CARTER Dr #00078 South San Francisco, CA 94080
Price: $420,000
| Beds: | 3 |
| Baths: | 2.5 |
| Sq. Ft.: | 1,644 |
| $/Sq. Ft.: | $255 |
| Lot Size: | - |
| Age (Years): | 29 |
| Year Built: | 1979 |
| Type: | Townhouse |
Listing history:
| Date | Price |
| Nov 16, 2007 | $519,000 |
| Dec 17, 2007 | $439,000 |
| Apr 30, 2008 | $420,000 |
Last sale: Oct 05, 2004 $928,000
Loss if sold for asking: $508000 or 54.7%
Comments: Ah, another condo in Skyline Village. There are so many condos selling at the address that I fear it’s falling apart. This one is down $500k+ after 4 years.
111 W 3RD Ave #00204 San Mateo, CA 94402
111 W 3RD Ave #00204 San Mateo, CA 94402
Price: $769,000
| Beds: | 2 |
| Baths: | 2 |
| Sq. Ft.: | 1,969 |
| $/Sq. Ft.: | $391 |
| Lot Size: | - |
| Age (Years): | 20 |
| Year Built: | 1988 |
| Type: | Condominium |
Last sale: Apr 07, 2003 $785,000
Loss if sold for asking: $16000 or 2%
Comments: Holy crap, a $660 HOA. That is more than the rent I paid per month when I lived in San Carlos! This is one of those rare listings that has rolled back to 2003.
223 E BELLEVUE Ave San Mateo, CA 94401
223 E BELLEVUE Ave San Mateo, CA 94401
Price: $899,000
| Beds: | 5 |
| Baths: | 3.5 |
| Sq. Ft.: | 2,800 |
| $/Sq. Ft.: | $321 |
| Lot Size: | 3,750 Sq. Ft. |
| Age (Years): | 10 |
| Year Built: | 1998 |
| Type: | Townhouse |
Last sale: Apr 29, 2005 $1,210,000
Loss if sold for asking: $311000 or 25.7%.
Comments: This is a pretty big townhouse and it’s 10 years old so it’s pretty new for San Mateo County. I think whoever paid 1.2 million in 2005 may have overvalued it quite a bit.
1027 SPRINGFIELD Dr San Carlos, CA 94070
1027 SPRINGFIELD Dr San Carlos, CA 94070
Price: $699,000
| Beds: | 2 |
| Baths: | 1 |
| Sq. Ft.: | 820 |
| $/Sq. Ft.: | $852 |
| Lot Size: | 5,000 Sq. Ft. |
| Age (Years): | 60 |
| Year Built: | 1948 |
| Type: | Detached Single Family |
Listing history:
| Date | Price |
| Jan 25, 2008 | $780,000 |
| May 03, 2008 | $699,000 |
Last sale: Sep 15, 2005 $735,000
Loss if sold for asking: $36000 or 4.9%
Comments: This just got price reduced into trouble territory, but it is still $852 per square foot?
Update of Homes Listed in October and November of 2007
Here are some more updates of homes that I have featured in the past!
Sold listings:
1181 Elmer ST Belmont, CA 94002 - Sold for $610000 on April 10th, 2008. This is $15000 below the last asking price. That brings the total loss on the property to $107000 or 14.9%. It took about 6 months to sell.
115 JASMINE WAY East Palo Alto, CA 94303 - Sold for $360000 on April 3rd, 2008. This is $74000 below the last listing price of $434000. This brings the total loss to $135000, or 27.3%. This also took 6 months to sell.
554 STANFORD AVE Redwood City, CA 94063 - Sold for $329,375 on Mar 21st, 2008. This is $85625 below the last listing price of $415000. This brings the total loss to $209625 or 38.9%. I think this is a omen that a lot of the listings in the 94063 zip code could still fall quite a bit.
4008 FARM HILL BLVD #00102 Redwood City, CA 94061 - Sold for $417,000 on 4/4/2008. This is $32000 below its last listing price and brings the total loss to $83000 or 16.9%.
12 N NORFOLK ST San Mateo, CA 94401 - Sold for $515,000 on 3/14/2008. This is $35000 below its last listing price and the total loss is now $210000 so the final loss is 31.1%.
333 3RD AVE Daly City, CA 94014 - Sold for $607,050 in March after only 4 months on the market. This is $112950 below the last listing so the final loss is $227950 or 27.3%
Price Reductions:
7209 ADMIRALTY LN Foster City, CA 94404 - Down another $500.
199 SELBY LN Atherton, CA 94027 - Relisted and reduced another $30000
192 MELISSA CIR Daly City, CA 94014 - Reduced another $80000
864 RAND ST San Mateo, CA 94401 - Reduced another $65000 just yesterday!
735 SKYLINE DR Daly City, CA 94015 - Reduced another $150000 last week! This is the biggest reduction I saw so far.
948 DAISY ST San Mateo, CA 94401 - Down another $6000.
The rest of the listings listed in October and November are still either on the market with the same price or pulled out all together without new information. As you can see, ALL of the sold listings sold for below asking. This is a good hint to offer for lower than listing on these properties still on the market.
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