1825 MIDDLEFIELD Rd Redwood City, CA 94063
1825 MIDDLEFIELD Rd Redwood City, CA 94063
Price: $259,900
| Beds: | 3 |
| Baths: | 2 |
| Sq. Ft.: | 1,450 |
| $/Sq. Ft.: | $179 |
| Lot Size: | 3,686 Sq. Ft. |
| Property Type: | Detached Single Family |
| Style: | Ranch |
| Stories: | 1 |
| Year Built: | 1920 |
Last sale:
Sep 11, 2006 $630,000
4/18/2000 $297,500
Yup, this little rancher has rolled back to below its 2000 sale price. What a difference 9 years make. This is currently owned by U.S. Bank and it is definitely the cheapest single family home in Redwood City now based on price per square foot. It looks like it needs some fixing, and it is not in the best neighborhood, but at least it is priced to be affordable to median income families now.
205 Peoria St Daly City, CA 94014
205 Peoria St Daly City, CA 94014
Price: $280,000
| Beds: | 1 |
| Baths: | 1 |
| Sq. Ft.: | 750 |
| $/Sq. Ft.: | $373 |
| Lot Size: | - |
| Property Type: | Single-Family Home |
| Style: | Bungalow |
| Year Built: | 1917 |
Last sales:
Nov 18, 2008 Sold $410,000 -12.4%/yr Public Records
Oct 27, 2005 Sold $615,000 33.4%/yr Public Records
Jul 30, 2004 Sold $430,000 16.1%/yr Public Records
Dec 03, 2001 Sold $289,000 6.5%/yr Public Records
Here is another home that’s cheaper than 2001 and more than 50% off its peak. It looks like quite a fixer, and it is still priced above the median price per square foot of Daly City. This is probably not a surprise but it was also financed 100% by loans in 2005.
1234 CLINTON St Unit 201-C Redwood City, CA 94061
1234 CLINTON St Unit 201-C Redwood City, CA 94061
Price: $319,000
| Beds: | 2 |
| Baths: | 2 |
| Sq. Ft.: | 1,175 |
| $/Sq. Ft.: | $271 |
| Lot Size: | - |
| Property Type: | Condominium |
| Year Built: | 1985 |
This is probably the cheapest 2 bedroom condominium in Redwood City right now. It is in a decent neighborhood and the HOA is a fairly low $200 a month. However, this is a fixer upper and a short sale, so it may be even cheaper once it forecloses.
Comment highlight on 2827 San Juan Blvd, Belmont
KT left this lovely comment on the story about 2827 San Juan Blvd that I thought should be highlighted for those of you who read this through a feed and don’t check old comments:
Oh come on.. you left out the best parts of this little dandy.
1) How about the food left in the back room- is it still decaying on the dresser?
2) Has anyone ever flushed the toilet, or is hte floater still around?
3) How about all the fun you can have rolling down your own private hill- a.k.a, the second level living room floor;
4) The bulging outdoor walls where you can estimate for yourself how much longer before the house gives way.
5) Ever take a peak inside the ‘attics’ of the little rentals? Please do- then you’ll know where all those used oil containers go.
6) It wasn’t a woman who owned the house- it was a man. You can see all of his bank and tax records in the bedroom where he died.
7. The woman, I believe, was his sister- she was collecting the rents and putting them in her pocket. This lasted until the bank protested and kicked everyone out. I could go on and on, but I think you get the gist why this home is still on the market.
Thank you KT for these insights. I also heard that there was an official looking notice taped to the door that said all the structures are worth less than $100. Is that still there? Keep the tips coming because they’re pretty entertaining.
2827 SAN JUAN Blvd Belmont, CA 94002 – New $100k Reduction
I wrote a little blurb about this home a few months ago after my friend went to see it. It still hasn’t sold and now the price is down from $630 to $479k. It is a pretty big lot for Belmont, but if you look at the Google Maps overhead satellite photo you can see the roofs of the weird unsanctioned studio apartments I was talking about previously:
The plot of land may be worth the price, but there will be headaches with it.
401 S GRANT St San Mateo, CA 94402
401 S GRANT St San Mateo, CA 94402
Price: $664,900
| Beds: | 2 |
| Baths: | 1 |
| Sq. Ft.: | 1,040 |
| $/Sq. Ft.: | $639 |
| Lot Size: | 3,500 Sq. Ft. |
| Age (Years): | 86 |
| Year Built: | 1922 |
Sales history:
| Oct 03, 2005 | $770,000 | |
| Sep 19, 2006 | $676,311 | |
| Apr 30, 2007 | $656,000 | |
| Jul 07, 2008 | $559,729 |
Listing history:
| Date | Price |
| Jul 25, 2008 | $699,900 |
| Aug 29, 2008 | $664,900 |
This house’s facade reminds me of a shoebox with random holes cut into it and it is the same size as the condo I live in. This is a bank owned property and I think they are being a bit too optimistic with the price. I think this will stay on the market for a very long time if they don’t start cutting $100k a month. It is currently more than $100k less than its 2005 price.
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