1843 RANDALL Rd San Mateo, CA 94402

1843 RANDALL Rd San Mateo, CA 94402

Price: $965,000

Beds: 4
Baths: 2
Sq. Ft.: 1,880
$/Sq. Ft.: $513
Lot Size: 9,500 Sq. Ft.
Property Type: Detached Single Family
Year Built: 1953
Stories: 1
Neighborhood: Baywood Park
County: San Mateo

Last sale: Nov 10, 2005 Sold $1,200,000
Loss if sold for asking: $235,000 or 19.6%
This former 1.2 million dollar property was first listed 4/2/2008. Then it went off market twice and just got relisted again. This was financed in 2005 by Countrywide with 2 adjustable loans.  One was $900,000 and the second was $180,000.  This means that the buyers actually put down 10% or $120,000.  That’s pretty amazing.  Sadly it is now a shortsale.  It is a bit close to the 92, but otherwise seems well maintained.

1233 BELLEVUE Ave #1 Burlingame, CA 94010

1233 BELLEVUE Ave #1 Burlingame, CA 94010

burlingame.jpg

Price: $818,000

Beds: 2
Baths: 2.5
Sq. Ft.: 1,550
$/Sq. Ft.: $528
Lot Size: -
Property Type: Townhouse
Style: Cape Cod
Year Built: 1985
Stories: 1-3 (Low Rise)

Last sale:

Aug 29, 2007 Sold $869,000


Loss if sold for asking: $51,000 or 5.9%

This actually looks like a well maintained townhome in a good part of Burlingame.  However, buying this home at the current price would work out to be quite a bit more than just renting in the same area.   Looks like there are no defaults or late payments on this home so it may take a while for the price to be lowered because I don’t think the owners are that desperate.  There are open homes scheduled for three Sundays starting this Sunday.  You can see it on 2/22, 3/1, and 3/8 from 2 to 4 pm.

1160 WALNUT St San Carlos, CA 94070

1160 WALNUT St San Carlos, CA 94070

Price: $839,000

Beds: 2
Baths: 1
Sq. Ft.: 1,060
$/Sq. Ft.: $792
Lot Size: 4,800 Sq. Ft.
Property Type: Detached Single Family

Last sale:

Jun 23, 2006 Sold $865,000  

Loss if sold for asking: $26,000

This is probably a good example of a delusional seller.  The median price per square foot in San Carlos has dropped to $511 and the owners of this tiny “classic Tudor” is still going for $792 per square foot.  This home isn’t on the hills but it is close to downtown.  Anyway, there is an open house this weekend on Feb 22, from 1 to 4pm.

3904 HACIENDA St San Mateo, CA 94403

3904 HACIENDA St San Mateo, CA 94403

Price: $925,000

Beds: 3
Baths: 2
Sq. Ft.: 1,820
$/Sq. Ft.: $508
Lot Size: 9,794 Sq. Ft.
Property Type: Attached Single Family
Year Built: 1952
Stories: 2
View: Bay, Mountains

Last sale:

Jan 31, 2006 Sold $1,090,000  

Loss if sold for asking: $165,000 or 15.1%

This home is in a fairly nice area of San Mateo.  It is a short sale at about the median price per square foot.  The lot is also a fairly good size.

27 AMARYLLIS Ct South San Francisco, CA 94080

  27 AMARYLLIS Ct   South San Francisco, CA 94080  

Price: $849,000

Beds: 4
Baths: 2.5
Sq. Ft.: 2,390
$/Sq. Ft.: $355
Lot Size: 4,374 Sq. Ft.
Property Type: Detached Single Family
Style: Contemporary
Year Built: 2000
Stories: 2
View: Neighborhood
Neighborhood: South San Francisco

Last sale:

Jun 28, 2006 Sold $1,260,000  

Loss if sold for asking: $411,000 or 32.6%

This is a large home that’s a short sale.  It seems that the previous owners really lucked out because they bought it for $723,000 with a conventional 80% loan and then sold for 1.26 million to the latest owners.  I guess there are winners and losers in everything.

8 Honeysuckle Ln SAN CARLOS, CA 94070

 8 Honeysuckle Ln SAN CARLOS, CA 94070

Price: $950,000

Beds: 3
Baths: 3
Sq. Ft.: 2,100
$/Sq. Ft.: $452
Lot Size: -
Property Type: Condominium
Style: Mediterranean
Year Built: 1986

Last sale:

Jun 08, 2007 Sold $1,066,000  

Loss if sold for asking: $116,000 or 10.9%

I’ve driven by these condominiums many times.  They are on the top of the San Carlos hills so they all have a great view.    I’m not sure if they’re worth a million dollars, though.

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