3 Men Dead in Troubled Property – 512 STANFORD Ave Redwood City, CA 94063
512 STANFORD Ave Redwood City, CA 94063
Price: $377,777
| Beds: | 3 |
| Baths: | 1 |
| Sq. Ft.: | 810 |
| $/Sq. Ft.: | $466 |
| Lot Size: | 4,500 Sq. Ft. |
| Age (Years): | 46 |
| Year Built: | 1962 |
| Type: | Detached Single Family |
Listing history:
| Date | Price |
| Jan 03, 2008 | $499,999 |
| Feb 20, 2008 | $449,999 |
| May 01, 2008 | $377,777 |
Sales history:
| Nov 04, 2002 | $390,000 | |
| Mar 30, 2004 | $434,000 | |
| Jan 26, 2007 | $587,000 |
Loss if sold for asking: $209223 or 35.6%
My ex-coworker showed me this breaking news report. According to this additional Chronicle article, multiple weapons were found at the scene of the house and three men were dead. One of the men apparently lived in the house and two others were found in the garage which was converted in a living space. Supposedly it was a home invasion/robbery gone wrong. I’m not sure if the guy that lived there was the owner, but either way, this is very disturbing news. May the dead rest in peace and if you have any information about this please call the San Mateo County Sheriff’s Office at 650-363-4911 or the anonymous tip line at 1-800-547-2700.
1558 MIZZEN Ln Half Moon Bay, CA 94019
1558 MIZZEN Ln Half Moon Bay, CA 94019
Price: $699,000
| Beds: | 4 |
| Baths: | 2 |
| Sq. Ft.: | 2,040 |
| $/Sq. Ft.: | $343 |
| Lot Size: | 6,000 Sq. Ft. |
| Age (Years): | 33 |
| Year Built: | 1975 |
| Type: | Detached Single Family |
| Stories: | 2 Stories |
Listing history:
| Date | Price |
| Jan 15, 2008 | $725,000 |
| Mar 18, 2008 | $699,000 |
Last sale: Jul 26, 2005 $839,000
Loss if sold for asking: $140,000 or 16.7%
I first saw this in January and thought that it didn’t look too bad. Well, now five months later it’s still up for grabs and it got cheaper too.
1027 SPRINGFIELD Dr San Carlos, CA 94070
1027 SPRINGFIELD Dr San Carlos, CA 94070
Price: $599,000
| Beds: | 2 |
| Baths: | 1 |
| Sq. Ft.: | 820 |
| $/Sq. Ft.: | $730 |
| Lot Size: | 5,000 Sq. Ft. |
| Age (Years): | 60 |
| Year Built: | 1948 |
| Type: | Detached Single Family |
Listing history:
| Date | Price |
| Jan 25, 2008 | $780,000 |
| May 03, 2008 | $699,000 |
| May 29, 2008 | $599,000 |
Last sale: Sep 15, 2005 $735,000
Loss if sold for asking: $136000 or 18.5%
This troubled seller just found out recently that trying to charge over $950 per square foot won’t fly even in San Carlos. However, even as a short sale, this is not a bargain at all. $730 per squarefoot is about $120 more than the average.
1121 ADAMS St Redwood City, CA 94061
1121 ADAMS St Redwood City, CA 94061
Price: $538,000
| Beds: | 3 |
| Baths: | 2.5 |
| Sq. Ft.: | 1,660 |
| $/Sq. Ft.: | $324 |
| Lot Size: | 5,000 Sq. Ft. |
| Age (Years): | 61 |
| Year Built: | 1947 |
| Type: | Detached Single Family |
Listing history:
| Date | Price |
| Jan 11, 2008 | $648,000 |
| Feb 15, 2008 | $599,988 |
| Mar 24, 2008 | $538,000 |
Last sale: Oct 29, 2004 $750,000
Loss if sold for asking: $212000 or 28.3%
Comments: The price per square foot is fairly low on this house after the price reductions, but it looks pretty darn ghetto from the outside. The pictures of the inside looks staged. I’d consider this if it were another 150k off. It has rolled back to 2004!
35 WINDING Way San Carlos, CA 94070
35 WINDING Way San Carlos, CA 94070
Price: $1,798,000
| Beds: | 4 |
| Baths: | 3 |
| Sq. Ft.: | 4,150 |
| $/Sq. Ft.: | $433 |
| Lot Size: | 0.42 Acres |
| Age (Years): | 8 |
| Year Built: | 2000 |
| Type: | Detached Single Family |
Listing history:
| Date | Price |
| Jan 06, 2008 | $1,998,000 |
| Feb 09, 2008 | $1,798,000 |
Last sale: Nov 03, 2000 $1,825,000
Loss if sold for asking: $27000 or 1.5%
Comments: I featured another Winding Way house on this article about the most expensive homes by price per square foot. I must say that this house is a better deal. It is a bit too big for me, and too expensive, but someone with money may find this to be a good buy. It is in the woods, though, and that street is really hard to drive on. One thing of interest is that this house’s new listing price after a $200k pricecut is lower than its price in 2000! What a deal!
1027 SPRINGFIELD Dr San Carlos, CA 94070
1027 SPRINGFIELD Dr San Carlos, CA 94070
Price: $699,000
| Beds: | 2 |
| Baths: | 1 |
| Sq. Ft.: | 820 |
| $/Sq. Ft.: | $852 |
| Lot Size: | 5,000 Sq. Ft. |
| Age (Years): | 60 |
| Year Built: | 1948 |
| Type: | Detached Single Family |
Listing history:
| Date | Price |
| Jan 25, 2008 | $780,000 |
| May 03, 2008 | $699,000 |
Last sale: Sep 15, 2005 $735,000
Loss if sold for asking: $36000 or 4.9%
Comments: This just got price reduced into trouble territory, but it is still $852 per square foot?
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