930 ROSEWOOD Dr San Mateo, CA 94401
930 ROSEWOOD Dr San Mateo, CA 94401
Price: $1,249,000
| Beds: | 3 |
| Baths: | 2.5 |
| Sq. Ft.: | 2,090 |
| $/Sq. Ft.: | $598 |
| Lot Size: | 6,930 Sq. Ft. |
| Age (Years): | 80 |
| Year Built: | 1928 |
| Type: | Detached Single Family |
| Style: | Spanish |
| Stories: | Bi/Split Level |
Last sale: May 11, 2005 $1,305,000
Loss if sold for asking: $56000 or 4.3%
That picture makes it look like a very small house with a false wall. It doesn’t exactly scream million dollar home. Here are some comparable data from Redfin that shows a couple troubled homes that sold recently in the neighborhood:
$607,670 720 S Delaware St
Sold on Jun 25, 2008 ,0.23 miles away, 5 bd / 3 ba 2,033 Sq. Ft.
$835,000 718 10th Ave
Sold on Apr 10, 2008 0.32 miles away, 2 bd / 2 ba 1,959 Sq. Ft.
So basically at $598 per square foot, this home is still overpriced for its neighborhood.
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You can’t compare Glazenwood (the micro neighborhood that 930 Rosewood is in) with homes on the other side of the railroad track. The other two properties you are comparing it to may be less than a half mile away, but it’s really a world away. I have toured this house twice and IMO it is a beautiful house in a historic neighborhood close to downtown San Mateo, Draeger’s (fancy supermarket), shops & restaurants, and beautiful Central Park. You walk 5 blocks east closer to the 101 (where the other two houses are) and it’s totally different, the houses are smaller, more cheaply constructed, and you feel a little bit like you are in the barrio.