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.
316 LUX Ave South San Francisco, CA 94080
316 LUX Ave South San Francisco, CA 94080
Price: $799,000
| Beds: | 6 |
| Baths: | 4 |
| Sq. Ft.: | 4,937 |
| $/Sq. Ft.: | $162 |
| Lot Size: | 5,600 Sq. Ft. |
| Year Built: | 2004 |
| Stories: | 2 |
| View: | Neighborhood |
| Neighborhood: | Old South SF/ |
| County: | San Mateo |
This is a fairly new duplex and it is already a short sale. The realtor that posted the listing seems very fond of spaces and caps:
T H I S I S A S H O R T S A L E. .. S U B J E C T T O L E N D E R A P P R O V A L. O C C U P I E D O N E U N I T A N D R E N T T H E N E X T U N I T F O R A D D E D I N C O M E. THIS DUPLEX WAS A L M O S T B R A N D N E W . 3 B D R M E A C H. AND F A M I L Y RM. 2.5 BA. E A C H U N I T. L A R G E B D R M S. I D E N T I C A L U N I T. 2 C A R G A R A G E. APPT. ONLY
124 FARALLON Dr Belmont, CA 94002
124 FARALLON Dr Belmont, CA 94002
Price: $749,000
| Beds: | 3 |
| Baths: | 2.5 |
| Sq. Ft.: | 1,770 |
| $/Sq. Ft.: | $423 |
| Lot Size: | 2,547 Sq. Ft. |
| Property Type: | Townhouse |
| Style: | Contemporary |
| Year Built: | 1990 |
| Stories: | 1-3 (Low Rise) |
| Neighborhood: | Homeview/ |
| County: | San Mateo |
Last sale:
| Jan 17, 2006 | Sold | $775,000 | 6.4%/yr | Public Records |
Loss if sold for asking: $26,000 or 3.4%
This Belmont townhome is almost down to its 2004 price. It’s one of the newer units in the Peninsula built in 1990.
1803 S NORFOLK St San Mateo, CA 94403
1803 S NORFOLK St San Mateo, CA 94403
Price: $650,000
| Beds: | 5 |
| Baths: | 2.5 |
| Sq. Ft.: | 1,990 |
| $/Sq. Ft.: | $327 |
| Lot Size: | 5,000 Sq. Ft. |
| Property Type: | Detached Single Family |
| Style: | Contemporary |
| Year Built: | 1954 |
| Stories: | 1 |
| View: | Neighborhood |
| Neighborhood: | Parkside |
| County: | San Mateo |
Last sale:
| Sep 29, 2005 | Sold | $975,000 |
Loss if sold for asking: $325,000 or 33.3%
This house is a short sale. Supposedly it was a nursing home and the last seller put down 10% and took out two ARM loans for 80% and 10%:
| Owner address | 1803 Norfolk St | ||
| Lender # 1 | Stearns Lndg Inc | ||
| Loan amount # 1 | $731,250 | ||
| Lender # 2 | Stearns Lndg Inc | ||
| Loan amount # 2 | $146,250 |
2827 SAN JUAN Blvd Belmont, CA 94002
2827 SAN JUAN Blvd Belmont, CA 94002
Price: $630,500
| Beds: | 3 |
| Baths: | 3 |
| Sq. Ft.: | 2,380 |
| $/Sq. Ft.: | $265 |
| Lot Size: | 0.3 Acres |
| Age (Years): | 64 |
| Year Built: | 1944 |
| Type: | Detached Single Family |
Last sale: Apr 15, 2008 $900,000
Loss if sold for asking: $269500 or 29.9%
At first glance, this home looks like a good deal for Belmont, but my friend actually went to see it and found out why it was so cheap. Apparently the previous owner was a “crazy lady” who built 9 unsanctioned studios on the lot, and she rented them out against city permits. Her neighbors hated her and the city tried to tear her studios down for years, and then she died. The listing is just for the main house, but whoever is the next owner will probably have to tear down all the unsanctioned construction, and who knows what kind of fines she had. Anyway, my friend said that the place looked like a cult commune. I thought it was pretty funny.
1136 NORTH Ct Belmont, CA 94002
1136 NORTH Ct Belmont, CA 94002
Price: $765,432
| Beds: | 3 |
| Baths: | 2 |
| Sq. Ft.: | 1,290 |
| $/Sq. Ft.: | $593 |
| Lot Size: | 6,720 Sq. Ft. |
| Age (Years): | 46 |
| Year Built: | 1962 |
Last sale: Jul 21, 2006 $795,000
Loss if sold for asking: $29,568 or 3.7%
The first open house for this home is this Sunday September 28 from 1 to 4pm. I’m not sure why they picked such a weird price. This is in a decent neighborhood. It is behind this large apartment complex next to Irene Ct and it’s close to San Mateo.
Offers
Subscribe to San Mateo Home Sellers in Trouble
