4 PENHURST Ave Daly City, CA 94015

4 PENHURST Ave Daly City, CA 94015

Price: $549,000

Beds: 5
Baths: 3
Sq. Ft.: 2,940
$/Sq. Ft.: $187
Lot Size: 4,408 Sq. Ft.

Last sale:

Jul 25, 2007 Sold $995,000

Loss if sold for asking: $446k or 44.8%

This is one of the cheapest homes in Daly City in terms of price per square foot.  It is now down to 2002 prices.  It is a short sale so it may take a while for the deal to close.  It is a large home in a very convenient neighborhood.

1233 BELLEVUE Ave #1 Burlingame, CA 94010

1233 BELLEVUE Ave #1 Burlingame, CA 94010

burlingame.jpg

Price: $818,000

Beds: 2
Baths: 2.5
Sq. Ft.: 1,550
$/Sq. Ft.: $528
Lot Size: -
Property Type: Townhouse
Style: Cape Cod
Year Built: 1985
Stories: 1-3 (Low Rise)

Last sale:

Aug 29, 2007 Sold $869,000


Loss if sold for asking: $51,000 or 5.9%

This actually looks like a well maintained townhome in a good part of Burlingame.  However, buying this home at the current price would work out to be quite a bit more than just renting in the same area.   Looks like there are no defaults or late payments on this home so it may take a while for the price to be lowered because I don’t think the owners are that desperate.  There are open homes scheduled for three Sundays starting this Sunday.  You can see it on 2/22, 3/1, and 3/8 from 2 to 4 pm.

27 AMARYLLIS Ct South San Francisco, CA 94080

  27 AMARYLLIS Ct   South San Francisco, CA 94080  

Price: $849,000

Beds: 4
Baths: 2.5
Sq. Ft.: 2,390
$/Sq. Ft.: $355
Lot Size: 4,374 Sq. Ft.
Property Type: Detached Single Family
Style: Contemporary
Year Built: 2000
Stories: 2
View: Neighborhood
Neighborhood: South San Francisco

Last sale:

Jun 28, 2006 Sold $1,260,000  

Loss if sold for asking: $411,000 or 32.6%

This is a large home that’s a short sale.  It seems that the previous owners really lucked out because they bought it for $723,000 with a conventional 80% loan and then sold for 1.26 million to the latest owners.  I guess there are winners and losers in everything.

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.

8 Honeysuckle Ln SAN CARLOS, CA 94070

 8 Honeysuckle Ln SAN CARLOS, CA 94070

Price: $950,000

Beds: 3
Baths: 3
Sq. Ft.: 2,100
$/Sq. Ft.: $452
Lot Size: -
Property Type: Condominium
Style: Mediterranean
Year Built: 1986

Last sale:

Jun 08, 2007 Sold $1,066,000  

Loss if sold for asking: $116,000 or 10.9%

I’ve driven by these condominiums many times.  They are on the top of the San Carlos hills so they all have a great view.    I’m not sure if they’re worth a million dollars, though.

721 PORTWALK Pl #2703 Redwood Shores, CA 94065

721 PORTWALK Pl #2703 Redwood Shores, CA 94065

Price: $485,000

Beds: 2
Baths: 2
Sq. Ft.: 850
$/Sq. Ft.: $571
Lot Size: -
Property Type: Condominium
Year Built: 1987
Stories: 1-3 (Low Rise)
View: Neighborhood
Neighborhood: Boardwalk
County: San Mateo

Last sale:

Mar 07, 2007 Sold $545,000  

Loss if sold for asking: $60,000 or 11%

Brand new listing that’s close to Oracle.  This might be good for a single person, but it is still overpriced since the median price per squarefoot in Redwood Shores is under $500 now.

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