1057 MADISON Ave Redwood City, CA 94061 – Lower than 2000 price
1057 MADISON Ave Redwood City, CA 94061
Price: $825,000
| Beds: | 4 |
| Baths: | 3.5 |
| Sq. Ft.: | 11,350 |
| $/Sq. Ft.: | $73 |
| Lot Size: | 3,000 Sq. Ft. |
| Year Built: | 1961 |
Jul 14, 2000 Sold $950,000
Loss if sold for asking: $125,000 or 13.2%
This property actually has two units, but I’m pretty sure it’s not 11,350 square foot like the listing says. If you read further into the listing it says that one unit is 1500 sqft and another is 1000 sqft. That adds up to 2500 sqft and that would make this property listed around $330 per squarefoot. Supposedly one of the units rents for $1900 a month, which is decent. However, the property taxes on this home is already over $11,000 a year so that’s pretty brutal. This is worth looking at since it’s a brand new listing, but whoever buys it should try to get the property tax reduced somehow.
486 WALSH Rd Atherton, CA 94027
486 WALSH Rd Atherton, CA 94027
Price: $4,125,000
| Beds: | 5 |
| Baths: | 3 |
| Sq. Ft.: | 4,640 |
| $/Sq. Ft.: | $889 |
| Lot Size: | 1.06 Acres |
| Age (Years): | 31 |
| Year Built: | 1977 |
| Type: | Detached Single Family |
Last sale: Oct 18, 2000 $4,300,000
Loss if sold for asking: $175,000 or 4.1%
This is a brand new listing in Atherton that is listing for 4% off its 2000 price. It is open on 9/21 and 9/28 from 1:30 to 4:30pm. I guess 4% isn’t that bad of a loss.
35 WINDING Way San Carlos, CA 94070
35 WINDING Way San Carlos, CA 94070
Price: $1,798,000
| Beds: | 4 |
| Baths: | 3 |
| Sq. Ft.: | 4,150 |
| $/Sq. Ft.: | $433 |
| Lot Size: | 0.42 Acres |
| Age (Years): | 8 |
| Year Built: | 2000 |
| Type: | Detached Single Family |
Listing history:
| Date | Price |
| Jan 06, 2008 | $1,998,000 |
| Feb 09, 2008 | $1,798,000 |
Last sale: Nov 03, 2000 $1,825,000
Loss if sold for asking: $27000 or 1.5%
Comments: I featured another Winding Way house on this article about the most expensive homes by price per square foot. I must say that this house is a better deal. It is a bit too big for me, and too expensive, but someone with money may find this to be a good buy. It is in the woods, though, and that street is really hard to drive on. One thing of interest is that this house’s new listing price after a $200k pricecut is lower than its price in 2000! What a deal!
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