1455 GORDON St Redwood City, CA 94061 - $450000+ price reduction
1455 GORDON St Redwood City, CA 94061
Price: $799,900
| Beds: | 5 |
| Baths: | 3.5 |
| Sq. Ft.: | 2,480 |
| $/Sq. Ft.: | $323 |
| Lot Size: | 6,095 Sq. Ft. |
| Age (Years): | 70 |
| Year Built: | 1938 |
| Type: | Detached Single Family |
Last sale: Dec 15, 2005 $1,020,000
Loss if sold for asking: $220100 or 21.6%
After being on the market for six months, this property finally dropped its price by $455100. That is a significant price reduction and perhaps it will accept some bids now? The price per square foot is way below the market price for the neighborhood, and the house looks quite decent.
930 ROSEWOOD Dr San Mateo, CA 94401
930 ROSEWOOD Dr San Mateo, CA 94401
Price: $1,249,000
| Beds: | 3 |
| Baths: | 2.5 |
| Sq. Ft.: | 2,090 |
| $/Sq. Ft.: | $598 |
| Lot Size: | 6,930 Sq. Ft. |
| Age (Years): | 80 |
| Year Built: | 1928 |
| Type: | Detached Single Family |
| Style: | Spanish |
| Stories: | Bi/Split Level |
Last sale: May 11, 2005 $1,305,000
Loss if sold for asking: $56000 or 4.3%
That picture makes it look like a very small house with a false wall. It doesn’t exactly scream million dollar home. Here are some comparable data from Redfin that shows a couple troubled homes that sold recently in the neighborhood:
$607,670 720 S Delaware St
Sold on Jun 25, 2008 ,0.23 miles away, 5 bd / 3 ba 2,033 Sq. Ft.
$835,000 718 10th Ave
Sold on Apr 10, 2008 0.32 miles away, 2 bd / 2 ba 1,959 Sq. Ft.
So basically at $598 per square foot, this home is still overpriced for its neighborhood.
801 CRYSTAL SPRINGS Rd San Mateo, CA 94402
801 CRYSTAL SPRINGS Rd San Mateo, CA 94402
Price: $2,200,888
| Beds: | 4 |
| Baths: | 4 |
| Sq. Ft.: | 3,320 |
| $/Sq. Ft.: | $663 |
| Lot Size: | 0.45 Acres |
| Age (Years): | 20 |
| Year Built: | 1988 |
| Type: | Detached Single Family |
| Style: | Mediterranean |
| Stories: | Tri Level |
| View(s): | Mountains, Canyon, Valley |
Last sale: Jun 30, 2005 $2,380,000
Loss if sold for asking: -$179112 or 7.5%
This is a house very close to Hillsborough, and it looks quite nice from the pictures. The property tax on it costs way more than my rent. The sales history on this property is quite interesting. In the last bubble of 1990 it sold for $897k, and then in 1997 it went for only $850k. By that logic, it would be worth a little less than now in 2012.
446 Andover Dr Pacifica, CA 94044
446 Andover Dr Pacifica, CA 94044
Price: $459,000
| Beds: | 3 |
| Baths: | 1 |
| Sq. Ft.: | 1,130 |
| $/Sq. Ft.: | $406 |
| Lot Size: | - |
| Property Type: | Detached, Single-Family Home |
| Property Style: | Ranch |
| Year Built: | 1965 |
Last sales: Apr 07, 2005 $598,000 Jun 29, 2005 $685,000
Loss if sold for asking: $226,000 or 33%
This is a pre-foreclosure, which means that if it doesn’t sell and gets foreclosed it will probably come back on the market at a lower price. It’s a small rancher in Pacifica that doesn’t seem all that special. I would buy it if it were another 50% off.
26 W 4TH Ave #2 San Mateo, CA 94402
26 W 4TH Ave #2 San Mateo, CA 94402
Price: $875,000
| Beds: | 3 |
| Baths: | 3 |
| Sq. Ft.: | 2,500 |
| $/Sq. Ft.: | $350 |
| Lot Size: | - |
| Age (Years): | 88 |
| Year Built: | 1920 |
| Type: | Condominium |
| Style: | Mediterranean |
| Stories: | Low Rise (1-3 Stories) |
| Unit Description: | 1 Level |
| Unit Location: | 1st Floor Unit |
Last sale:
| Jun 01, 2005 | $899,000 |
Loss if sold for asking: $24,000 or 2.7%
At first glance it seems like this condo has very low cost per square foot, but then if you took a look at the HOA you will see why. The fees are $660 a month! The condo is at a very good location at the heart of San Mateo downtown, though. This is open on July 27th from 1 to 4 pm.
1558 MIZZEN Ln Half Moon Bay, CA 94019
1558 MIZZEN Ln Half Moon Bay, CA 94019
Price: $699,000
| Beds: | 4 |
| Baths: | 2 |
| Sq. Ft.: | 2,040 |
| $/Sq. Ft.: | $343 |
| Lot Size: | 6,000 Sq. Ft. |
| Age (Years): | 33 |
| Year Built: | 1975 |
| Type: | Detached Single Family |
| Stories: | 2 Stories |
Listing history:
| Date | Price |
| Jan 15, 2008 | $725,000 |
| Mar 18, 2008 | $699,000 |
Last sale: Jul 26, 2005 $839,000
Loss if sold for asking: $140,000 or 16.7%
I first saw this in January and thought that it didn’t look too bad. Well, now five months later it’s still up for grabs and it got cheaper too.
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