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.

Comments

3 Responses to “3550 CARTER Dr #00078 South San Francisco, CA 94080”

  1. Jorge on May 12th, 2008 2:32 am

    The last sale seems rather fishy, this is SSF. There was a townhouse 2000sqft 2005 construction for sale across the street from me for last for $998k, and I thought that was overpriced. 928k would seem like way too much in 2004 from 1979 construction, that looks like 1979 construction. In my mind that would HAVE to be a cash purchase, or there would have to be fraud involved. No competent appraiser would’ve given 928k as a remotely possible sale price. It was 2004, even in 2005, or 2006 it would seem like a crazy stretch, it would’ve seriously had to contain pure gold, or platinum decorative architecture, or some other ludicrous thing to add so much value.

  2. Steve Cresci on June 12th, 2008 12:01 pm

    I agree with Jorge there was no way condo’s in this complex were going for $ 900,000 back in 04.

  3. 3550 CARTER Dr #00078 South San Francisco, CA 94080 - New Price : San Mateo Home Sellers in Trouble - Bay Area Real Estate Bubble Updates on January 15th, 2009 12:07 am

    [...] first posted about this property 8 months ago.  Now it is back on the market and it is listed for $399k.  In the last post some people wondered [...]

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