Palo Alto is “Valu Alto”?
Alright, I know that technically Palo Alto is Santa Clara County, but today on the way home I saw the most hilarious sign by the 101. Since this sign was in San Mateo County I think it’s alright to report it here.
It basically said, “Palo Alto is Valu Alto! Sterling Park Homes, from the mid 1,000,000s”. I pretty much cracked up.
Here is the details on these new homes. Apparently the sellers are offering a price protection plan until next June. The homes average about $700 to $800 per square foot and are located in downtown Palo Alto. I guess for Palo Alto that is cheap, but come on, “Valu Alto” just sounds plain stupid.
26 W 4TH Ave #2 San Mateo, CA 94402
26 W 4TH Ave #2 San Mateo, CA 94402
Price: $875,000
| Beds: | 3 |
| Baths: | 3 |
| Sq. Ft.: | 2,500 |
| $/Sq. Ft.: | $350 |
| Lot Size: | - |
| Age (Years): | 88 |
| Year Built: | 1920 |
| Type: | Condominium |
| Style: | Mediterranean |
| Stories: | Low Rise (1-3 Stories) |
| Unit Description: | 1 Level |
| Unit Location: | 1st Floor Unit |
Last sale:
| Jun 01, 2005 | $899,000 |
Loss if sold for asking: $24,000 or 2.7%
At first glance it seems like this condo has very low cost per square foot, but then if you took a look at the HOA you will see why. The fees are $660 a month! The condo is at a very good location at the heart of San Mateo downtown, though. This is open on July 27th from 1 to 4 pm.
Select Open Houses for 7/6/2008
I hope everyone had a fun and safe 4th of July. For all of you potential homeowners out there. Here are a few select homes with open houses tomorrow.
$1 Million +
522 SUNSET Way Redwood City, CA 94062 – This is one of those mansions on the west side of Redwood City. The last sale record is $1,515,000 on July 31, 2006. So now less than two years later it’s listed for $1,499,000. It’s only a 1% reduction, but the pictures look quite nice.
Open: Sunday, July 6, 2008 1:30 PM – 4:30 PM
$800k to $1 Million
428 31ST Ave San Mateo, CA 94403 – This is a fairly new listing in the Hillsdale neighborhood of San Mateo. The last sale was on Jun 14, 2006 for $834,000 and the current listing price is $818,000. It is fairly small so it’s still pretty expensive I think.
Open: Sunday, July 6, 2008 1:30 PM – 4:30 PM
113 Westdale Ave Daly City, CA 94015 – I don’t know that much about Daly City, but this new listing looks pretty nicely staged. This home is listed for $850,000, which is $115,000 lower than its last sale price on June 5th, 2007.
Open: Sunday, July 6, 2008 2 Pm ~ 5 Pm
$600k to $800k
247 BERESFORD Ave Redwood City, CA 94061 - This is a pretty old listing that has been on the market for months. It is now listed for $799,950, which is about $35000 under its last sale price. This one is located in a pretty convenient location near Woodside Plaza.
Open: Sunday, July 6, 2008 2:00 PM – 4:00 PM
1700 MONTEREY Dr San Bruno, CA 94066 – This weekend is the first open house for this 1990 square foot house. It’s listed at $720,000, which is $88000 below its sales price in 2005.
Open: Sunday, July 6, 2008 1:00 PM – 4:30 PM
Under $600k
4100 George Ave #3 San Mateo, CA 94403 -Yet another condo listing at George Ave for under $400k. It’s $49,000 under its last sale price in 2006. The listing says its move in ready so it’s worth a look for a person or family who do not mind a small space
Open Sunday, July 6, 2008 1:00 – 4:00 p.m.
That is all for this week! Have a happy Sunday!
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