San Mateo Home Sellers in Trouble - Bay Area Real Estate Bubble Updates » Listing in 04/2008 http://sanmateore.dreamhosters.com The not so pretty side of San Mateo Real Estate Mon, 12 Oct 2009 05:21:40 +0000 http://wordpress.org/?v=2.8.4 en hourly 1 1022 S DELAWARE St San Mateo, CA 94402 http://sanmateore.dreamhosters.com/2009/07/1022-s-delaware-st-san-mateo-ca-94402/ http://sanmateore.dreamhosters.com/2009/07/1022-s-delaware-st-san-mateo-ca-94402/#comments Thu, 02 Jul 2009 06:24:53 +0000 admin http://sanmateore.dreamhosters.com/2009/07/1022-s-delaware-st-san-mateo-ca-94402/  

1022 S DELAWARE St San Mateo, CA 94402

delaware.jpg

Price: $469,950

Beds: 2
Baths: 1
Sq. Ft.: 860
$/Sq. Ft.: $546
Lot Size: 4,280 Sq. Ft.
Property Type: Detached Single Family
Style: Contemporary

Last sale: Apr 28, 2005 Sold $655,000
Loss if sold for asking: $185050 or 28%

Loss of equity per month:  $3701

It looks like the realtor tried to spruce up the photo a little bit and the tree looks like its an unnatural green color.   Supposedly this is not a short sale or REO, but  it has been listed 3 times now since April 2008.  Here is the listing history:

Jun 28, 2009       Listed        $469,950       –       EBRD #40417039
Jun 28, 2009     Listed     $469,950     —     MLSListings #80931255
Jan 07, 2009     Delisted     *     —     Inactive MLSListings #1
Sep 15, 2008     Price Changed     *     —     Inactive MLSListings #1
Jul 16, 2008     Relisted     *     —     Inactive MLSListings #1
Jul 15, 2008     Delisted     *     —     Inactive MLSListings #1
May 14, 2008     Price Changed     *     —     Inactive MLSListings #1
May 07, 2008     Price Changed     *     —     Inactive MLSListings #1
Apr 23, 2008     Price Changed     *     —     Inactive MLSListings #1
Apr 14, 2008     Listed

       

It is definitely overpriced for the neighborhood it is in,and it is one tiny house.

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