930 ROSEWOOD Dr San Mateo, CA 94401
930 ROSEWOOD Dr San Mateo, CA 94401
Price: $1,249,000
| Beds: | 3 |
| Baths: | 2.5 |
| Sq. Ft.: | 2,090 |
| $/Sq. Ft.: | $598 |
| Lot Size: | 6,930 Sq. Ft. |
| Age (Years): | 80 |
| Year Built: | 1928 |
| Type: | Detached Single Family |
| Style: | Spanish |
| Stories: | Bi/Split Level |
Last sale: May 11, 2005 $1,305,000
Loss if sold for asking: $56000 or 4.3%
That picture makes it look like a very small house with a false wall. It doesn’t exactly scream million dollar home. Here are some comparable data from Redfin that shows a couple troubled homes that sold recently in the neighborhood:
$607,670 720 S Delaware St
Sold on Jun 25, 2008 ,0.23 miles away, 5 bd / 3 ba 2,033 Sq. Ft.
$835,000 718 10th Ave
Sold on Apr 10, 2008 0.32 miles away, 2 bd / 2 ba 1,959 Sq. Ft.
So basically at $598 per square foot, this home is still overpriced for its neighborhood.
1657 WESTMOOR Rd Burlingame, CA 94010
1657 WESTMOOR Rd Burlingame, CA 94010
Price: $1,298,888
| Beds: | 3 |
| Baths: | 2 |
| Sq. Ft.: | 1,810 |
| $/Sq. Ft.: | $718 |
| Lot Size: | 5,250 Sq. Ft. |
| Age (Years): | 66 |
| Year Built: | 1942 |
| Type: | Detached Single Family |
Listing history:
| Date | Price |
| May 12, 2008 | $1,358,888 |
| Jun 26, 2008 | $1,298,888 |
Last sale: Nov 14, 2006 $1,325,000
Loss if sold for asking: $26112 or 2.0%
This home actually looks beautifully staged, and by lowering the listing price it may actually do quite well by attracting more buyers. The median price per square foot is in the high 600s in Burlingame so this home isn’t exactly cheap.
2000 RAY Dr Burlingame, CA 94010
2000 RAY Dr Burlingame, CA 94010
Price: $1,188,000
| Beds: | 3 |
| Baths: | 2 |
| Sq. Ft.: | 1,780 |
| $/Sq. Ft.: | $667 |
| Lot Size: | 5,824 Sq. Ft. |
| Age (Years): | 60 |
| Year Built: | 1948 |
| Type: | Detached Single Family |
Last sale: $1,210,000 (07/14/2006)
Loss if sold for asking: -1.8% or $22000
Comments: This one actually is selling for a below average price per square foot for Burlingame. Anyway, it is still nearly 1.2 million dollars.
909 ELM St San Carlos, CA 94070
909 ELM St San Carlos, CA 94070
Price: $1,399,000
| Beds: | 3 |
| Baths: | 2.5 |
| Sq. Ft.: | 1,950 |
| $/Sq. Ft.: | $717 |
| Lot Size: | 6,000 Sq. Ft. |
| Age (Years): | 83 |
| Year Built: | 1925 |
Last sale: Oct 18, 2005 $1,500,000
Loss if sold for asking: $101000 or 6.7%
Comments: This one isn’t even up in the hills and it’s asking for 1.4 million? I guess it’s fairly close to El Camino and it’s convenient.
154 Barkentine St. Foster City, CA 94404
154 Barkentine St. Foster City, CA 94404
Price: $1,198,000
| Beds: | 4 |
| Baths: | 3 |
| Sq. Ft.: | 2,360 |
| $/Sq. Ft.: | $508 |
| Lot Size: | 6,270 Sq. Ft. |
| Age (Years): | 36 |
| Year Built: | 1972 |
Last sale: Jun 30, 2006 $1,238,000
Loss if sold for asking: $40000 or 3.2%
Comments: This is one of landfill city’s million dollar homes. It is pretty big for the area, and the picture of the lawn is pretty nice.
2460 PARK RD Redwood City, CA 94062
2460 PARK RD Redwood City, CA 94062
Price: $1,104,900
| Beds: | 3 |
| Baths: | 2.5 |
| Sq. Ft.: | 2,030 |
| $/Sq. Ft.: | $544 |
| Lot Size: | 5,000 Sq. Ft. |
| Age (Years): | 6 |
| Year Built: | 2002 |
Listing history:
| Date | Price |
| Jan 19, 2008 | $1,151,900 |
| Feb 28, 2008 | $1,128,900 |
| Apr 06, 2008 | $1,104,900 |
Peak sale price: Aug 25, 2005 $1,410,000
Property value loss: $300000 or 21.3%
Comments: This is a Countrywide foreclosure. It is in the Emerald Hills area of Redwood City, which is quite nice. The pictures on the listing aren’t very flattering, though. Whoever buys this should get it reassessed and get a huge tax deduction.


