1 DAFFODIL Ln San Carlos, CA 94070

Price: $844,900

Beds:	3
Baths:	2.5
Sq. Ft.:	2,510
$/Sq. Ft.:	$337
Lot Size:	1,829 Sq. Ft.
Property Type:	Townhouse
Style:	Mediterranean
View:	Bay, Neighborhood
Year Built:	1988

Sale history:

Aug 10, 2007     Sold     $1,080,000     5.7%/yr     Public Records
Jul 27, 2005     Sold     $965,000     10.1%/yr     Public Records
Jun 14, 2002     Sold     $715,000     7.4%/yr     Public Records
Jun 10, 1997     Sold     $499,000     7.2%/yr     Public Records
Nov 01, 1994     Sold     $416,000     -1.9%/yr     Public Records
Jul 07, 1989     Sold     $460,000     158.1%/yr     Public Records
Mar 01, 1989     Sold     $330,000     —     Public Records

Loss if sold for asking: $235,100 or 21.8%
I used to live next to these million dollar townhouses in San Carlos. They are at the top of the hills and have a nice view, but I’m not sure if it’s worth a million. Well, I guess now it is down to 844k and it is an REO. The association fee is over $500 a month, though.

July 6, 2009 | Filed Under City of San Carlos, Dollar Loss: $200k to $300k, Last Sale in 2007, Listing in 07/2009, Loss: 20% to 30%, Price: 800000 to 1000000, REO, Sqft: 2000 to 3000 | Leave a Comment

1160 WALNUT St San Carlos, CA 94070

Price: $839,000

Beds:	2
Baths:	1
Sq. Ft.:	1,060
$/Sq. Ft.:	$792
Lot Size:	4,800 Sq. Ft.
Property Type:	Detached Single Family

Last sale:

Jun 23, 2006	Sold	$865,000

Jun 23, 2006

Sold

$865,000

Loss if sold for asking: $26,000

This is probably a good example of a delusional seller. The median price per square foot in San Carlos has dropped to $511 and the owners of this tiny “classic Tudor” is still going for $792 per square foot. This home isn’t on the hills but it is close to downtown. Anyway, there is an open house this weekend on Feb 22, from 1 to 4pm.

February 21, 2009 | Filed Under City of San Carlos, Dollar Loss: $0 to $50k, Last Sale in 2006, Listing in 02/2009, Price: 800000 to 1000000, Sqft: 1000 to 1500 | Leave a Comment

8 Honeysuckle Ln SAN CARLOS, CA 94070

Price: $950,000

Beds:	3
Baths:	3
Sq. Ft.:	2,100
$/Sq. Ft.:	$452
Lot Size:	-
Property Type:	Condominium
Style:	Mediterranean
Year Built:	1986

Last sale:

Jun 08, 2007	Sold	$1,066,000

Jun 08, 2007

Sold

$1,066,000

Loss if sold for asking: $116,000 or 10.9%

I’ve driven by these condominiums many times. They are on the top of the San Carlos hills so they all have a great view. I’m not sure if they’re worth a million dollars, though.

January 20, 2009 | Filed Under City of San Carlos, Dollar Loss: $100k to $200k, Last Sale in 2007, Listing in 10/2008, Loss: 10 to 20%, Price: 800000 to 1000000, Sqft: 2000 to 3000 | Leave a Comment

448 EMERALD Ave San Carlos, CA 94070

Price: $838,000

Beds:	3
Baths:	1
Sq. Ft.:	1,200
$/Sq. Ft.:	$698
Lot Size:	5,500 Sq. Ft.
Property Type:	Detached Single Family
Year Built:	1950
Stories:	1
View:	Neighborhood
Neighborhood:	El Sereno Corte
County:	San Mateo

Last sale: Jul 28, 2006 Sold $900,000
Loss if sold for asking: $62,000 or 6.9%

This is a decent home in a nice area of San Carlos. The pictures look like it was staged and there will be an open house this weekend on January 25th from 1pm to 4pm. Even though it is a nice neighborhood it is still a bit too expensive at $698 per square foot so I expect this one to drop a bit more.

January 20, 2009 | Filed Under City of San Carlos, Dollar Loss: $50k to $100k, Last Sale in 2006, Listing in 01/2009, Loss: 0 to 10%, Price: 800000 to 1000000, Sqft: 1000 to 1500 | Leave a Comment

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

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.

January 17, 2009 | Filed Under City of San Carlos, Dollar Loss: $50k to $100k, Last Sale in 2006, Listing in 01/2009, Loss: 0 to 10%, Price: 800000 to 1000000, Sqft: 2000 to 3000 | Leave a Comment

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

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.

January 17, 2009 | Filed Under City of San Carlos, Dollar Loss: $50k to $100k, Last Sale in 2005, Listing in 09/2008, Loss: 0 to 10%, Price: 1 million to 1.5 million | Leave a Comment