Bottom in Redwood City? 243 Hazel Ave, Redwood City, 94061

243 HAZEL Ave REDWOOD CITY, CA 94061

Price: $232,900

Beds: 3
Baths: 2
Sq. Ft.: 1,160
$/Sq. Ft.: $201
Lot Size: 3,800 Sq. Ft.
Property Type: Single Family Detached
Style: Other
Year Built: 1978

Last sale:

Sep 18, 2008 Sold $520,625
Apr 06, 2006 Sold $690,000
Oct 08, 2004 Sold $560,000

Loss: $300k to $400k
This bank owned property had a peak sale price of $690,000 in 2006, and  now it is being listed for  less than $233k.  It is being sold by Countrywide/Bank of America.   This is a pretty amazing  price considering that the zipcode 94061 still has a median  price per square foot of over $500.  It could be because this home is right on Woodside Ave. and sits right across from a cemetary.   Anyway, the pictures look like  the real estate agent was running with the camera.  San Mateo County also gives this property an assessed value of $717k so the tax bill is pretty high even if you buy it for $233k.  

January 3, 2009 | Filed Under City of Redwood City, Dollar loss: $300k to $400k, Last sale in 2008, Listing in 12/2008, Loss: > 40%, Price: < 400000, Sqft: 1000 to 1500 

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