1561 WESTMOOR Rd Burlingame, CA 94010

1561 WESTMOOR Rd Burlingame, CA 94010

Price: $775,000

Beds: 2
Baths: 1
Sq. Ft.: 1,100
$/Sq. Ft.: $705
Lot Size: 5,250 Sq. Ft.
Property Type: Detached Single Family
Style: Contemporary
Year Built: 1942
Stories: 1
View: Neighborhood
Neighborhood: Burlingame Village
County: San Mateo

Last sale:

Aug 28, 2006 Sold $850,000

Loss if sold for asking: $75,000 or 8.8%

Sep 05, 2008 Listed

Here is another Burlingame rancher that’s being listed for way too much.  Seems like it took just about 2.5 months to sell in 2006.  I wonder how long it is going to take this time.  Open house is today 1/25 from 1pm to 4pm.

1561 WESTMOOR Rd Burlingame, CA 94010

 

1561 WESTMOOR Rd Burlingame, CA 94010

Price: $775,000

Beds: 2
Baths: 1
Sq. Ft.: 1,100
$/Sq. Ft.: $705
Lot Size: 5,250 Sq. Ft.
Property Type: Detached Single Family
Style: Contemporary
Year Built: 1942
Stories: 1
View: Neighborhood
Neighborhood: Burlingame Village
County: San Mateo

Last sale: Aug 28, 2006 Sold $850,000

Loss if sold for asking: $75000 or  8.8%

This small pre-World War 2 home is pretty much backed up onto El Camino Real so it might be a little bit noisy and it is still $705 per square foot .  There is an open house this weekend on 1/25/09 from 1 to 4.

14 S ELDORADO St San Mateo, CA 94401

 

14 S ELDORADO St San Mateo, CA 94401

Price: $439,000

Beds: 2
Baths: 2
Sq. Ft.: 1,300
$/Sq. Ft.: $338
Lot Size: 5,880 Sq. Ft.
Property Type: Detached Single Family
Year Built: 1907
Stories: 1
Neighborhood: Bowie Estate

Last sale: May 09, 2006 Sold $724,500

Loss if sold for asking: $285500 or  39.4%

This bank owned antique home is very close to downtown San Mateo.  I think it is owned by Wells Fargo. It is appealing for the price, but the age of the home may be problematic.

1150 GREENWOOD Ave San Carlos, CA 94070 – 13 Units

1150 GREENWOOD Ave San Carlos, CA 94070

Price: $1,448,850

Beds: -
Baths: -
Sq. Ft.: -
Lot Size: 6,040 Sq. Ft.
Year Built: 1960
Stories: 2
View: Neighborhood
Neighborhood: Howard Park
County: San Mateo

Last sale:

Sep 30, 2005 Sold $1,540,000

Loss if sold for asking: $91150 or 3.84%

This is a 13 unit building that sold in 1988 for 760k and 1998 for 750k.  If history repeats itself, it is supposed to be worth $740k now.  However, San Carlos is a good area that gets decent rents, so this could be a good investment.

Comment highlight on 2827 San Juan Blvd, Belmont

KT left this lovely comment on the story about 2827 San Juan Blvd that I thought should be highlighted for those of you who read this through a feed and don’t check old comments:

Oh come on.. you left out the best parts of this little dandy.

1) How about the food left in the back room- is it still decaying on the dresser?

2) Has anyone ever flushed the toilet, or is hte floater still around?

3) How about all the fun you can have rolling down your own private hill- a.k.a, the second level living room floor;

4) The bulging outdoor walls where you can estimate for yourself how much longer before the house gives way.

5) Ever take a peak inside the ‘attics’ of the little rentals? Please do- then you’ll know where all those used oil containers go.

6) It wasn’t a woman who owned the house- it was a man. You can see all of his bank and tax records in the bedroom where he died.

7. The woman, I believe, was his sister- she was collecting the rents and putting them in her pocket. This lasted until the bank protested and kicked everyone out. I could go on and on, but I think you get the gist why this home is still on the market.

Thank you KT for these insights.  I also heard that there was an official looking notice taped to the door that said all the structures are worth less than $100.  Is that still there?  Keep the tips coming because they’re pretty entertaining.

Nearly $300k Pricecut – 421 BEACH Ave, Half Moon Bay

421 BEACH Ave Half Moon Bay, CA 94019

Price: $554,050

Beds: 4
Baths: 3
Sq. Ft.: 2,290
$/Sq. Ft.: $242
Lot Size: 7,620 Sq. Ft.
Property Type: Detached Single Family
Year Built: 1989
Stories: 2
Neighborhood: Casa Del Mar/Kehoe
 Jul 22, 2005 Sold $979,000  

This homeowner just changed the sale price from 849.9k to 554k a few days ago.  This is now a difference of $425k since the last sale price.   This is definitely one of the cheaper homes in Half Moon Bay, but it is a short sale so the bank is probably still hoping for better offers.  These days banks are so busy with financial problems, refinances, and dealing with other troubled real estate so it may take them a while to get back to anyone.

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