1115 DAVIS St Redwood City, CA 94061

 

1115 DAVIS St Redwood City, CA 94061

davis.jpg

Price: $399,900

Beds: 2
Baths: 1
Sq. Ft.: 930
$/Sq. Ft.: $430
Lot Size: 3,306 Sq. Ft.
Property Type: Detached Single Family
Style: Ranch
Stories: 1
View: Neighborhood
Year Built: 1918
Community: Central Park

Last sale: Sep 27, 2006 Sold $585,000

It looks like this home first went on sale in 2007 and was listed for a total of five times. Now it is a REO. The price has been cut by at least 100k since its first listing and it is down a bit more than 170k from the last sale price. Good luck moving this one.

418 YORKSHIRE Way Belmont, CA 94002

 418 YORKSHIRE Way   Belmont, CA 94002

Price: $577,900

Beds: 3
Baths: 1
Sq. Ft.: 1,010
$/Sq. Ft.: $572
Lot Size: 5,000 Sq. Ft.
Property Type: Detached Single Family
Year Built: 1953
Stories: 1
Neighborhood: Homeview/Sterling Downs
County: San Mateo
MLS#: 80849100
Source: MLSListings
Status: Active
On Redfin: 1 day

Last sale:

Jan 10, 2007 Sold $780,000

This listing first came up in May for $650k, and then it probably got foreclosed on, and now it’s back on the market as a REO for around 70k less than the May price.   That’s a decent discount of $10k per month, but it’s still $572 per square foot.

Fresh Price Reductions 8/19/2008

Here are some fresh price cuts from today in San Mateo County

1835 Bahia St, San Mateo, 94403 - I first listed this home in June, since then it has been cut $90k and is now $599,000.

4226 GEORGE Ave #4 San Mateo, CA 94403 – This one is only reduced around $12000, but it is $97k below its last sale price.

3629 PACIFIC Blvd San Mateo, CA 94403 – This home seller in trouble has cut the price another $30k today.  Now it is $146k below its last sale price.

621 HELLER St Redwood City, CA 94063 – This home just cut its price $79k and is now down $230k from its last sale price.

271 B St Redwood City, CA 94063 -After 23 days on the market this home has been reduced $50k today. It is now $54k below its last price.

These are only a few of the homes that were reduced today.  There has been reductions everyday so keep an eye out!

1455 GORDON St Redwood City, CA 94061 – $450000+ price reduction

1455 GORDON St Redwood City, CA 94061

redwoodcity.jpg

Price: $799,900

Beds: 5
Baths: 3.5
Sq. Ft.: 2,480
$/Sq. Ft.: $323
Lot Size: 6,095 Sq. Ft.
Age (Years): 70
Year Built: 1938
Type: Detached Single Family

Last sale: Dec 15, 2005 $1,020,000

Loss if sold for asking:  $220100 or 21.6%

After being on the market for six months, this property finally dropped its price by $455100.  That is a significant price reduction and perhaps it will accept some bids now?  The price per square foot is way below the market price for the neighborhood, and the house looks quite decent.

888 on 8/8/8 in Belmont – 1105 North Rd

 

1105 North Rd Belmont, CA 94002

Beds: 3
Baths: 2
Sqft: 1,330
Style: Residential

I think this property was on MLS a while back and went off the market. Now I see it on Craigslist for $748888 in the for sale by owner category!  It was last sold in 2006 for $760000 so the difference isn’t all that large, and it has a basement.  That’s pretty rare in the Bay Area.  Anyway the Craigslist listing says to call (520)603-6457 or email hous-788333134@craigslist.org if you’re interested.

1657 WESTMOOR Rd Burlingame, CA 94010

 

1657 WESTMOOR Rd Burlingame, CA 94010

Price: $1,298,888

burlingamewestmoor.jpg

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.

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