270 VERA Ave Redwood City, CA 94061 – Rolled back to pre-2002

270 VERA Ave Redwood City, CA 94061

Price: $499,900

Beds: 2
Baths: 3
Sq. Ft.: 1,730
$/Sq. Ft.: $289
Lot Size: 3,570 Sq. Ft.
Property Type: Detached Single Family
Style: Traditional
Year Built: 1922
Stories: 2
View: Neighborhood
Neighborhood: Central Park
County: San Mateo

Last sale:

Feb 15, 2008 Sold $623,250  

This house is currently owned by Countrywide/Bank of America and the last sale was a foreclosure auction.  It is in a good area and the size is decent, but the house is pretty old and it has the old style electric heaters.  It’s interesting to see that some of the past owners of this home had 100% financing as early as 2002 when the home sold for $530,000.  Now I guess they realized that all that money didn’t really exist to begin with.    The price has been dropped about $50k since its listing in the end of October.

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