300 SAND HILL Cir #203 Menlo Park, CA 94025
300 SAND HILL Cir #203 Menlo Park, CA 94025
Price: $1,225,000
| Beds: | 3 |
| Baths: | 2 |
| Sq. Ft.: | 2,067 |
| $/Sq. Ft.: | $593 |
| Lot Size: | - |
| Property Type: | Condominium |
| Style: | Contemporary |
| Year Built: | 1974 |
| Stories: | 1-3 (Low Rise) |
| View: | Golf Course |
Last sale:
| Jan 17, 2007 | Sold | $1,300,000 |
Loss if sold for asking: $75,000 or 5.8%
Listing history:
| Jan 06, 2009 | Price Changed | $1,225,000 | – | MLSListings #80845325 |
This is a nice condo on a golf course, and after being listed for 2 months it’s already had a $200k price cut. There is an open house tomorrow from 1 to 4pm.
124 FARALLON Dr Belmont, CA 94002
124 FARALLON Dr Belmont, CA 94002
Price: $749,000
| Beds: | 3 |
| Baths: | 2.5 |
| Sq. Ft.: | 1,770 |
| $/Sq. Ft.: | $423 |
| Lot Size: | 2,547 Sq. Ft. |
| Property Type: | Townhouse |
| Style: | Contemporary |
| Year Built: | 1990 |
| Stories: | 1-3 (Low Rise) |
| Neighborhood: | Homeview/ |
| County: | San Mateo |
Last sale:
| Jan 17, 2006 | Sold | $775,000 | 6.4%/yr | Public Records |
Loss if sold for asking: $26,000 or 3.4%
This Belmont townhome is almost down to its 2004 price. It’s one of the newer units in the Peninsula built in 1990.
3291 BRITTAN Ave San Carlos, CA 94070
3291 BRITTAN Ave San Carlos, CA 94070
Price: $879,000
| Beds: | 3 |
| Baths: | 3 |
| Sq. Ft.: | 2,260 |
| $/Sq. Ft.: | $389 |
| Lot Size: | 7,560 Sq. Ft. |
| Property Type: | Detached Single Family |
| Year Built: | 1965 |
| Stories: | 1 |
| Neighborhood: | Alder Manor |
Last sale:
| Nov 13, 2006 | Sold | $930,000 |
Loss if sold for asking: $51,000 or 5.5%
This is a brand new listing and there will be an open house on Jan 25th from 1 to 4. This is one of the cheaper homes in San Carlos in terms of price per square foot and it is in a fairly good neighborhood in the hills.
3050 Los Prados St #5 San Mateo, CA 94403
3050 Los Prados St #5 San Mateo, CA 94403
Price: $250,000
| Beds: | 1 |
| Baths: | 1 |
| Sq. Ft.: | 633 |
| $/Sq. Ft.: | $395 |
| Lot Size: | - |
| Property Type: | Condominium |
| Style: | Contemporary |
| Year Built: | 1966 |
| Region: | San Mateo County/ |
| Area: | San Mateo |
Last sale:
| Jun 30, 2006 | Sold | $425,000 |
Loss if sold for asking: $175,000 or 41.2%
An apartment like this usually rents for $1000 to $1400 in San Mateo. If you put 20% down on this and borrow $200,000 at 5% then the mortgage is $1073 per month. Add a $285 association fee and around $300 a month in taxes then the monthly outflow is about $1650. Additionally there will be a tax rebate on the interest and taxes so the buy versus rent costs might just break even.
1150 GREENWOOD Ave San Carlos, CA 94070 – 13 Units
1150 GREENWOOD Ave San Carlos, CA 94070
Price: $1,448,850
| Beds: | - |
| Baths: | - |
| Sq. Ft.: | - |
| Lot Size: | 6,040 Sq. Ft. |
| Year Built: | 1960 |
| Stories: | 2 |
| View: | Neighborhood |
| Neighborhood: | Howard Park |
| County: | San Mateo |
Last sale:
| Sep 30, 2005 | Sold | $1,540,000 |
Loss if sold for asking: $91150 or 3.84%
This is a 13 unit building that sold in 1988 for 760k and 1998 for 750k. If history repeats itself, it is supposed to be worth $740k now. However, San Carlos is a good area that gets decent rents, so this could be a good investment.
