2626 WESTMORELAND Ave Redwood City, CA 94063
2626 WESTMORELAND Ave Redwood City, CA 94063
Price: $229,900
| Beds: | 2 |
| Baths: | 1 |
| Sq. Ft.: | 850 |
| $/Sq. Ft.: | $270 |
| Lot Size: | 2,625 Sq. Ft. |
| Property Type: | Detached Single Family |
| Year Built: | 1988 |
| Stories: | 1 |
| View: | Neighborhood |
| Neighborhood: | Dumbarton |
Last sale:
| Apr 18, 2006 | Sold | $589,000 |
Loss if sold for asking: $359100 or 61%
This little shack is currently owned by HSBC. It is incredible that someone actually bought this for $589k a few years ago. This is not exactly in a good neighborhood.
1519 DAY Ave #D San Mateo, CA 94403
1519 DAY Ave #D San Mateo, CA 94403
Price: $325,000
| Beds: | 2 |
| Baths: | 1 |
| Sq. Ft.: | 660 |
| $/Sq. Ft.: | $492 |
| Lot Size: | - |
| Property Type: | Condominium |
| Year Built: | 1961 |
| Stories: | 1-3 (Low Rise) |
| Neighborhood: | Lakeshore #1 |
| County: | San Mateo |
Last sales:
| Aug 17, 2006 | Sold | $440,000 | 16.4%/yr | Public Records |
Loss if sold for asking: $115,000
This is a short sale in San Mateo. My husband used to rent a very similar looking one bedroom apartment in Belmont for $1200 a month. So I think this condo is still too expensive with a price to rent ratio of 22.5 and an HOA of $337.
1023 HELM Ln Foster City, CA 94404
1023 HELM Ln Foster City, CA 94404
Price: $715,000
| Beds: | 2 |
| Baths: | 2 |
| Sq. Ft.: | 1,240 |
| $/Sq. Ft.: | $577 |
| Lot Size: | 884 Sq. Ft. |
| Property Type: | Townhouse |
| Style: | Cape Cod |
| Year Built: | 1996 |
| Stories: | 1-3 (Low Rise) |
| View: | Lake |
| Neighborhood: | Harbor Side |
| County: | San Mateo |
Last sale:
| Jul 22, 2005 | Sold | $749,000 |
Loss if sold for asking: $34,000
This one’s financing history is pretty interesting. It was purchased in 2005 with a $509k ARM from Wells Fargo and a $60k fixed loan from Genentech. I had no idea that Genentech gave out home loans. It may be an employee benefit or something? Anyway, this couple is probably just being realistic about the sale price because they first listed this more than 7 months ago. This is a water front home, but the water in question is a man made lake kind of thing. Anyway, there are showings for this home on 2/1 from 1pm to 4pm.
1940 STAFFORD St Redwood City, CA 94063
1940 STAFFORD St Redwood City, CA 94063
Price: $407,900
| Beds: | 3 |
| Baths: | 2 |
| Sq. Ft.: | 1,400 |
| $/Sq. Ft.: | $291 |
| Lot Size: | 5,985 Sq. Ft. |
| Property Type: | Detached Single Family |
| Style: | Ranch |
| Year Built: | 1981 |
Last sale:
| Aug 13, 2008 | Sold | $382,500 |
This bank owned property was first purchased in 2002 for $490k with two loans of $392k and $98k. That’s right, that’s equivalent to a 0% down loan. And then in 2004 it was refinanced again with an adjustable loan of $520k and it seems like there was a transfer between family members. And then in 2006 it was refinanced again with two loans of $612,000 and $76,500 for a total of $688,500. So basically this family took out around $200k from this little house during the boom, and finally it went into foreclosure so the last lender is looking around a loss of $280k. It seems like it was a good deal for this particular family because they practically got to live in this house for more than 4 years for free.
1561 WESTMOOR Rd Burlingame, CA 94010
1561 WESTMOOR Rd Burlingame, CA 94010
Price: $775,000
| Beds: | 2 |
| Baths: | 1 |
| Sq. Ft.: | 1,100 |
| $/Sq. Ft.: | $705 |
| Lot Size: | 5,250 Sq. Ft. |
| Property Type: | Detached Single Family |
| Style: | Contemporary |
| Year Built: | 1942 |
| Stories: | 1 |
| View: | Neighborhood |
| Neighborhood: | Burlingame Village |
| County: | San Mateo |
Last sale:
| Aug 28, 2006 | Sold | $850,000 |
Loss if sold for asking: $75,000 or 8.8%
Sep 05, 2008 Listed
Here is another Burlingame rancher that’s being listed for way too much. Seems like it took just about 2.5 months to sell in 2006. I wonder how long it is going to take this time. Open house is today 1/25 from 1pm to 4pm.
3904 HACIENDA St San Mateo, CA 94403
3904 HACIENDA St San Mateo, CA 94403
Price: $925,000
| Beds: | 3 |
| Baths: | 2 |
| Sq. Ft.: | 1,820 |
| $/Sq. Ft.: | $508 |
| Lot Size: | 9,794 Sq. Ft. |
| Property Type: | Attached Single Family |
| Year Built: | 1952 |
| Stories: | 2 |
| View: | Bay, Mountains |
Last sale:
| Jan 31, 2006 | Sold | $1,090,000 |
Loss if sold for asking: $165,000 or 15.1%
This home is in a fairly nice area of San Mateo. It is a short sale at about the median price per square foot. The lot is also a fairly good size.
Offers
