Another REO – 639 ADAMS St Redwood City, CA 94061
639 ADAMS St Redwood City, CA 94061
Price: $338,800
| Beds: | 2 |
| Baths: | 2 |
| Sq. Ft.: | 1,180 |
| $/Sq. Ft.: | $287 |
| Lot Size: | 3,800 Sq. Ft. |
| Property Type: | Detached Single Family |
| Style: | Ranch, Cottage/ |
| Year Built: | 1934 |
| Stories: | 1 |
| View: | Neighborhood |
| Neighborhood: | Central Park |
From the pictures it actually looks like this is a decent looking home in a fairly convenient part of Redwood City. It’s currently owned by Emc Mortgage Corporation in Texas, and the previous owner seemed to have been living in Menlo Park for at least two years. So I’m guessing this is probably an investment property that’s been abandoned. If this were $275,000 to $300,000 I may consider submitting an offer, but I have a feeling people are going to bid this one up since the average price per square foot is still around $460 in the 94061 zip code.
Got a million to spare? 2614 READ Ave Belmont, CA 94002
2614 READ Ave Belmont, CA 94002
Price: $1,000,000
| Beds: | 4 |
| Baths: | 4 |
| Sq. Ft.: | 1,730 |
| $/Sq. Ft.: | $578 |
| Lot Size: | 7,700 Sq. Ft. |
| Property Type: | Attached Single Family |
| Style: | Contemporary |
| Year Built: | 1956 |
| Stories: | 2 |
Last sale: Jul 24, 2006 Sold $1,233,000
Loss: $233,000 or 18.9%
This home is open for the next 3 Sundays from 1 to 4 pm. This is a short sale on a good sized lot, but the price per square foot is still above average. Before the last sale this one was sold for $241,000 in 1999, which means that the last last owner made nearly a million dollars. No wonder so many people became obsessed with house flipping. As I say about pretty much all short sales, potential buyers should just wait until it goes into foreclosure and get it for even less money.
Offers
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