2614 READ Ave Belmont, CA 94002
2614 READ Ave Belmont, CA 94002
Price: $899,000
| Beds: | 4 |
| Baths: | 4 |
| Sq. Ft.: | 2,800 |
| $/Sq. Ft.: | $321 |
| Lot Size: | 7,700 Sq. Ft. |
| Property Type: | Detached Single Family |
| Style: | Ranch |
| Stories: | 3 |
| View: | Canyon, Valley |
| Year Built: | 1956 |
| Community: | Haskins Estates |
Last sale: 7/24/2006 $1,233,000
Loss if sold for asking: $334,000 or 27%
This is actually a nice looking larger home in Belmont. The owners that sold the home for 1.2 million definitely made out like bandits. It seems that they bought the place in 1999 for $241k, and then refied and took out a loan worth $663.5k in 2003 and then sold the home to the latest seller in trouble in 2006. It’s amazing that this home was only $241k in 1999, though. Adjusted for inflation $241k should be only worth $309k now. I highly doubt that the home would drop another 600k, but another $100 to $200k might be possible.
2268 ADDISON Ave East Palo Alto, CA 94303
2268 ADDISON Ave East Palo Alto, CA 94303
Price: $183,750
| Beds: | 3 |
| Baths: | 1 |
| Sq. Ft.: | 1,130 |
| $/Sq. Ft.: | $163 |
| Lot Size: | 4,000 Sq. Ft. |
| Property Type: | Detached Single Family |
| Style: | Ranch |
| Year Built: | 1939 |
| Stories: | 1 |
| View: | Neighborhood |
| Neighborhood: | East of U.S. 101 |
Last sales:
Sep 19, 2008 Sold $579,457 -5.0%/yr Public Records
Oct 12, 2006 Sold $640,000 16.4%/yr Public Records
Loss if sold for asking: $395707 or 68.3%
This bank owned property is probably one of the cheapest single family homes on the Peninsula and it looks like it still has some appliances left. It’s about $460k off its peak price, and that’s pretty sad.
300 SAND HILL Cir #203 Menlo Park, CA 94025
300 SAND HILL Cir #203 Menlo Park, CA 94025
Price: $1,225,000
| Beds: | 3 |
| Baths: | 2 |
| Sq. Ft.: | 2,067 |
| $/Sq. Ft.: | $593 |
| Lot Size: | - |
| Property Type: | Condominium |
| Style: | Contemporary |
| Year Built: | 1974 |
| Stories: | 1-3 (Low Rise) |
| View: | Golf Course |
Last sale:
| Jan 17, 2007 | Sold | $1,300,000 |
Loss if sold for asking: $75,000 or 5.8%
Listing history:
| Jan 06, 2009 | Price Changed | $1,225,000 | – | MLSListings #80845325 |
This is a nice condo on a golf course, and after being listed for 2 months it’s already had a $200k price cut. There is an open house tomorrow from 1 to 4pm.
3199 MORELAND Dr San Bruno, CA 94066 – New Construction
3199 MORELAND Dr San Bruno, CA 94066
Price: $1,038,000
| Beds: | 4 |
| Baths: | 4 |
| Sq. Ft.: | 2,840 |
| $/Sq. Ft.: | $365 |
| Lot Size: | 0.28 Acres |
| Property Type: | Detached Single Family |
| Style: | Contemporary |
| Year Built: | 2008 |
| Stories: | Tri-Level |
| Neighborhood: | Portola Highlands |
This is a new home that is already a short sale. According to the agent who loves to exclamation marks: ” SHORT SALE! Brand New Custom Home built by Owner but never lived in!” That actually sounds pretty sad…
Got a million to spare? 2614 READ Ave Belmont, CA 94002
2614 READ Ave Belmont, CA 94002
Price: $1,000,000
| Beds: | 4 |
| Baths: | 4 |
| Sq. Ft.: | 1,730 |
| $/Sq. Ft.: | $578 |
| Lot Size: | 7,700 Sq. Ft. |
| Property Type: | Attached Single Family |
| Style: | Contemporary |
| Year Built: | 1956 |
| Stories: | 2 |
Last sale: Jul 24, 2006 Sold $1,233,000
Loss: $233,000 or 18.9%
This home is open for the next 3 Sundays from 1 to 4 pm. This is a short sale on a good sized lot, but the price per square foot is still above average. Before the last sale this one was sold for $241,000 in 1999, which means that the last last owner made nearly a million dollars. No wonder so many people became obsessed with house flipping. As I say about pretty much all short sales, potential buyers should just wait until it goes into foreclosure and get it for even less money.
1551 SOUTHGATE Ave #148 Daly City, CA 94015
1551 SOUTHGATE Ave #148 Daly City, CA 94015
Price: $108,000
| Beds: | 0 |
| Baths: | 1 |
| Sq. Ft.: | 495 |
| $/Sq. Ft.: | $218 |
| Lot Size: | - |
| Property Type: | Condominium |
| Year Built: | 1974 |
| Stories: | 1-3 (Low Rise) |
| Neighborhood: | St. Francis Heights |
| County: | San Mateo |
| MLS#: | 80843616 |
| Source: | MLSListings |
| Status: | Active |
| On Redfin: | 39 days |
Another cheap condo near $100k. However, this one is a short sale so the lender may want offers above the list price.
Offers
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