2268 ADDISON Ave East Palo Alto, CA 94303
2268 ADDISON Ave East Palo Alto, CA 94303
Price: $183,750
| Beds: | 3 |
| Baths: | 1 |
| Sq. Ft.: | 1,130 |
| $/Sq. Ft.: | $163 |
| Lot Size: | 4,000 Sq. Ft. |
| Property Type: | Detached Single Family |
| Style: | Ranch |
| Year Built: | 1939 |
| Stories: | 1 |
| View: | Neighborhood |
| Neighborhood: | East of U.S. 101 |
Last sales:
Sep 19, 2008 Sold $579,457 -5.0%/yr Public Records
Oct 12, 2006 Sold $640,000 16.4%/yr Public Records
Loss if sold for asking: $395707 or 68.3%
This bank owned property is probably one of the cheapest single family homes on the Peninsula and it looks like it still has some appliances left. It’s about $460k off its peak price, and that’s pretty sad.
1103 ADAMS St Redwood City, CA 94061
1103 ADAMS St Redwood City, CA 94061
Price: $500,000
| Beds: | 3 |
| Baths: | 2 |
| Sq. Ft.: | 1,270 |
| $/Sq. Ft.: | $394 |
| Lot Size: | 5,000 Sq. Ft. |
| Property Type: | Detached Single Family |
| Style: | Mediterranean |
| Year Built: | 1946 |
| Stories: | 1 |
| View: | Neighborhood |
| Neighborhood: | Central Park |
| County: | San Mateo |
Last sale: Nov 20, 2001 Sold $450,000
This is another Downey foreclosure. It looks pretty ugly from the outside, but the inside looks okay. This is another 100% financed home, but the loan was taken out in 2001.
2621 Heather Ln San Bruno, CA 94066
2621 Heather Ln San Bruno, CA 94066
Price: $498,000
| Beds: | 3 |
| Baths: | 2 |
| Sq. Ft.: | 1,110 |
| $/Sq. Ft.: | $449 |
| Lot Size: | - |
| Property Type: | Detached, Single-Family Home |
| Style: | Contemporary, Ranch |
| Year Built: | 1954 |
Last sale: Dec 22, 2006 Sold $735,000
Loss if sold for asking: $237,000 or 32.2%
According to public records, the current owner took out an adjustable loan with Downey Savings and Loans for $587,950, which is 80% of the loan. However, now it is listing for much less than that so I am guessing this is a short sale even though the listing doesn’t say so. The pictures look decent and the roof is new, but I think it is still a bit too expensive for San Bruno where the median price per squarefoot is $419. This home is also open on Sunday January 25th, 2009.
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: $75000 or 8.8%
This small pre-World War 2 home is pretty much backed up onto El Camino Real so it might be a little bit noisy and it is still $705 per square foot . There is an open house this weekend on 1/25/09 from 1 to 4.
14 S ELDORADO St San Mateo, CA 94401
14 S ELDORADO St San Mateo, CA 94401
Price: $439,000
| Beds: | 2 |
| Baths: | 2 |
| Sq. Ft.: | 1,300 |
| $/Sq. Ft.: | $338 |
| Lot Size: | 5,880 Sq. Ft. |
| Property Type: | Detached Single Family |
| Year Built: | 1907 |
| Stories: | 1 |
| Neighborhood: | Bowie Estate |
Last sale: May 09, 2006 Sold $724,500
Loss if sold for asking: $285500 or 39.4%
This bank owned antique home is very close to downtown San Mateo. I think it is owned by Wells Fargo. It is appealing for the price, but the age of the home may be problematic.
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