1437 BRADLEY Ave San Mateo, CA 94401

 

1437 BRADLEY Ave San Mateo, CA 94401

Price: $680,000

Beds: 3
Baths: 2
Sq. Ft.: 1,460
$/Sq. Ft.: $466
Lot Size: 7,400 Sq. Ft.
Age (Years): 61
Type: Detached Single Family

Listing history:

Date Price
Jul 09, 2007 $870,000
Jul 18, 2007 $829,000
Jul 31, 2007 $799,000
Oct 15, 2007 $750,000
Oct 16, 2007 $799,000
Feb 05, 2008 $750,000
Apr 30, 2008 $700,000
May 02, 2008 $680,000

Last sale: Jul 28, 2005 $758,000

Loss if sold for asking: $78000 or 10.3%

Comments: 322 days on the market and no takers. I think this one could afford to drop another $200k before I am interested. North Shoreview isn’t exactly the prettiest neighborhood in San Mateo.

905 North RD Belmont, CA 94002

905 North RD Belmont, CA 94002

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Price: $720,000 (SOLD for $680000 on 4/18/2008)

Beds: 3
Baths: 1
Sq. Ft.: 1,240
$/Sq. Ft.: $581
Lot Size: -
Property Type: Single-Family Home
Year Built: 1945

Listing Price History:

Date Price
Dec 26, 2007 $899,000
Jan 11, 2008 $720,000

Last sale date:7/28/2006
Last sale price: 865,000

Loss if sold at asking: 16.8% or $145,000

Comments: Is this a flip gone awry? It is a huge pricecut on a home just remodeled a year ago. I wonder if it comes with that dog in the yard.

Update: This has sold for $680,000 on 4/18/2008. This represents a price $40,000 below the last asking price is a final loss of 21.4%! This home was on the market for approximately 5 months.

1121 ADAMS St Redwood City, CA 94061

1121 ADAMS St Redwood City, CA 94061

Price: $538,000

Beds: 3
Baths: 2.5
Sq. Ft.: 1,660
$/Sq. Ft.: $324
Lot Size: 5,000 Sq. Ft.
Age (Years): 61
Year Built: 1947
Type: Detached Single Family

Listing history:

Date Price
Jan 11, 2008 $648,000
Feb 15, 2008 $599,988
Mar 24, 2008 $538,000

Last sale: Oct 29, 2004 $750,000

Loss if sold for asking:  $212000 or 28.3%

Comments:  The price per square foot is fairly low on this house after the price reductions, but it looks pretty darn ghetto from the outside.  The pictures of the inside looks staged.  I’d consider this if it were another 150k off.   It has rolled back to 2004!

35 WINDING Way San Carlos, CA 94070

35 WINDING Way San Carlos, CA 94070

Price: $1,798,000

Beds: 4
Baths: 3
Sq. Ft.: 4,150
$/Sq. Ft.: $433
Lot Size: 0.42 Acres
Age (Years): 8
Year Built: 2000
Type: Detached Single Family

Listing history:

Date Price
Jan 06, 2008 $1,998,000
Feb 09, 2008 $1,798,000

Last sale: Nov 03, 2000 $1,825,000

 Loss if sold for asking: $27000 or 1.5%

Comments:  I featured another Winding Way house on this article about the most expensive homes by price per square foot.   I must say that this house is a better deal.  It is a bit too big for me, and too expensive, but someone with money may find this to be a good buy.  It is in the woods, though, and that street is really hard to drive on. One thing of interest is that  this house’s new listing price after a $200k pricecut is lower than its price in 2000!  What a deal!

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