1519 DAY Ave #D San Mateo, CA 94403
1519 DAY Ave #D San Mateo, CA 94403
Price: $325,000
| Beds: | 2 |
| Baths: | 1 |
| Sq. Ft.: | 660 |
| $/Sq. Ft.: | $492 |
| Lot Size: | - |
| Property Type: | Condominium |
| Year Built: | 1961 |
| Stories: | 1-3 (Low Rise) |
| Neighborhood: | Lakeshore #1 |
| County: | San Mateo |
Last sales:
| Aug 17, 2006 | Sold | $440,000 | 16.4%/yr | Public Records |
Loss if sold for asking: $115,000
This is a short sale in San Mateo. My husband used to rent a very similar looking one bedroom apartment in Belmont for $1200 a month. So I think this condo is still too expensive with a price to rent ratio of 22.5 and an HOA of $337.
245 GREENWAY Dr Pacifica, CA 94044
245 GREENWAY Dr Pacifica, CA 94044
Price: $508,000
| Beds: | 3 |
| Baths: | 2 |
| Sq. Ft.: | 1,050 |
| $/Sq. Ft.: | $484 |
| Lot Size: | 6,800 Sq. Ft. |
| Property Type: | Attached Single Family |
| Year Built: | 1955 |
| Stories: | 1 |
Last sale: Jul 13, 2007 Sold $690,000
Loss if sold for asking: $182,000 or 26.4%
This is a short sale on a nice corner lot, but the price per square foot is still $100 above the median price per square foot for Pacifica. Unfortunately, short sales rarely go through these days so it may be worth it just to wait.
316 LUX Ave South San Francisco, CA 94080
316 LUX Ave South San Francisco, CA 94080
Price: $799,000
| Beds: | 6 |
| Baths: | 4 |
| Sq. Ft.: | 4,937 |
| $/Sq. Ft.: | $162 |
| Lot Size: | 5,600 Sq. Ft. |
| Year Built: | 2004 |
| Stories: | 2 |
| View: | Neighborhood |
| Neighborhood: | Old South SF/ |
| County: | San Mateo |
This is a fairly new duplex and it is already a short sale. The realtor that posted the listing seems very fond of spaces and caps:
T H I S I S A S H O R T S A L E. .. S U B J E C T T O L E N D E R A P P R O V A L. O C C U P I E D O N E U N I T A N D R E N T T H E N E X T U N I T F O R A D D E D I N C O M E. THIS DUPLEX WAS A L M O S T B R A N D N E W . 3 B D R M E A C H. AND F A M I L Y RM. 2.5 BA. E A C H U N I T. L A R G E B D R M S. I D E N T I C A L U N I T. 2 C A R G A R A G E. APPT. ONLY
1803 S NORFOLK St San Mateo, CA 94403
1803 S NORFOLK St San Mateo, CA 94403
Price: $650,000
| Beds: | 5 |
| Baths: | 2.5 |
| Sq. Ft.: | 1,990 |
| $/Sq. Ft.: | $327 |
| Lot Size: | 5,000 Sq. Ft. |
| Property Type: | Detached Single Family |
| Style: | Contemporary |
| Year Built: | 1954 |
| Stories: | 1 |
| View: | Neighborhood |
| Neighborhood: | Parkside |
| County: | San Mateo |
Last sale:
| Sep 29, 2005 | Sold | $975,000 |
Loss if sold for asking: $325,000 or 33.3%
This house is a short sale. Supposedly it was a nursing home and the last seller put down 10% and took out two ARM loans for 80% and 10%:
| Owner address | 1803 Norfolk St | ||
| Lender # 1 | Stearns Lndg Inc | ||
| Loan amount # 1 | $731,250 | ||
| Lender # 2 | Stearns Lndg Inc | ||
| Loan amount # 2 | $146,250 |
61 CHESTER St #00001 Daly City, CA 94014 – Cheapest Condo in Daly City
61 CHESTER St #00001 Daly City, CA 94014
Price: $124,500
| Beds: | 1 |
| Baths: | 1 |
| Sq. Ft.: | 703 |
| $/Sq. Ft.: | $177 |
| Lot Size: | - |
| Property Type: | Condominium |
| Style: | Ranch |
| Year Built: | 1964 |
| Stories: | 1-3 (Low Rise) |
| Neighborhood: | Blossom Valley |
| County: | San Mateo |
Last sale: Feb 28, 2006 Sold $360,000
Loss if sold for asking: $235500 or 65.4%
After six months on the market, there is finally a fresh price cut on this property. It is still a short sale, though, so it might be very very hard to close. This could be good for a single person since it could work out to be cheaper than renting.
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.
Offers
Subscribe to San Mateo Home Sellers in Trouble
Mattresses
trinidad & tobago calling card