1040 Patricia SAN MATEO, CA 94401
1040 Patricia SAN MATEO, CA 94401
| Beds: | 4 |
| Baths: | 2 |
| Sq. Ft.: | 1,960 |
| $/Sq. Ft.: | $255 |
| Lot Size: | 5,500 Sq. Ft. |
| Property Type: | Single Family Detached |
| Style: | Other |
| Stories: | 1 |
| Neighborhood: | SAN MATEO VILLAGE |
Last sale: Jul 06, 2007 Sold $818,000
Loss if sold for asking: $319,000 or 39%
I actually know several families that live in this neighborhood. It’s not the most ritzy part of San Mateo, but it’s not bad either. It’s close to shopping and the general neighbors are good. I know at least one family that paid over $700k for a smaller house than this one here a couple years ago. So is this a good deal? It really depends. A house like this would rent for $2000 to $2300 a month, though.
512 Stanford Avenue – Up for grabs at auction
A bit over a year ago I posted about a triple homicide at the property at 512 Stanford Avenue in Redwood City. At that time the home was listing for $337k and the last sale price was 587k in January 2007. Now you have 8 days left to grab this property at auction.
According to the Hudson and Marshall website, the last highbid is only $167,500, and this is the description:
512 Stanford Avenue
Redwood City, CA 94063
Bed: 3 Only 8 Days Left
to Bid NowBath: 1 Bid Now! Sq. Ft.: 820 Comments:
Last High Bid $167,500
Agent disclosure requiring buyer signature regarding homicides at property
Buyers who are interested in purchasing this property prior to the auction must be pre-qualified for financing through Wells Fargo or Wachovia. (This is only a requirement to be pre-qualified; the final loan may be obtained through any financial institution)
Please call 1-877-937-9357 during the following times:
Monday – Friday, 7:00 am – 11:00 pm Central Time
Saturday, 8:00 am – 4:30 pm Central Time
Or online at: Wells Fargo Pre-Qualification Form
Would you buy this for $168k?
1 DAFFODIL Ln San Carlos, CA 94070
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.
412 ATHENIAN Way Pacifica, CA 94044 – Fishy?
412 ATHENIAN Way Pacifica, CA 94044
Price: $915,750
| Beds: | 4 |
| Baths: | 3 |
| Sq. Ft.: | 2,585 |
| $/Sq. Ft.: | $354 |
| Lot Size: | 5,000 Sq. Ft. |
| Property Type: | Detached Single Family |
| Stories: | 2 |
| Year Built: | 2007 |
| Community: | Pedro Point |
Last sale: Jun 12, 2007 Sold $1,700,000
Loss if sold for asking:$784250 or 46%
Equity lost per month: $32677
This is listed as a bank owned home. I’m not quite sure who owns it now because the Tax records show that it is owner of record is not a bank, but some person in Pacifica. It also shows that it is a tax defaulted property there is about 30k worth of back taxes that needs to be paid to redeem the home. Perhaps the bank is just not taking responsibility because they don’t want to shell out the money for the taxes now. What is most fishy about this property is that the last sale price was $1.7 million. I don’t think Pacifica was ever that expensive and it seems that the taxes were unpaid starting from 2007. So perhaps the intention was to default? Whoever buys this should definitely make sure that the taxes are cleared up, and the tax assessment should get down to reality.
139 14TH Ave San Mateo, CA 94402
139 14TH Ave San Mateo, CA 94402
Price: $678,000
| Beds: | 1 |
| Baths: | 1 |
| Sq. Ft.: | 660 |
| $/Sq. Ft.: | $1,027 |
| Lot Size: | 5,000 Sq. Ft. |
| Property Type: | Detached Single Family |
| Style: | Cottage/ |
| Stories: | 1 |
| Year Built: | 1908 |
Last sale:
| May 22, 2007 | Sold | $696,000 |
Just when I thought the last little cottage was expensive, I stumbled upon this little charmer. It is in a decent neighborhood of San Mateo, but the owner is asking for over $1000 per square foot for this little hundred year old cottage. There is an open house this Sunday, and I really wonder if there are gold toilets or flooring in this house to warrant this price?
638 VANESSA Dr San Mateo, CA 94402
638 Vanessa Dr, San Mateo, CA 94402
Price: $494,700
| Beds: | 5 |
| Baths: | 3 |
| Sq. Ft.: | 1,540 |
| $/Sq. Ft.: | $321 |
| Lot Size: | 5,194 Sq. Ft. |
| Property Type: | Detached Single Family |
| Year Built: | 1955 |
| Stories: | 1 |
Last sales: Jan 30, 2009 Sold $572,000 ( Foreclosure)
May 22, 2007 Sold $890,000
Loss if sold for asking: $77300 from foreclosure price, nearly $400k from last sale price.
This home is in a decent neighborhood of San Mateo, but it is fairly nondescript and now has the “appliance-ripped-out” look of foreclosures. It is currently owned by Aurora Lending Services LLC in Colorado. It is down $400,000 from its 2007 sale price, but it is doubtful if it’s worth even $494k now.
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