2002 FOREST Ave Belmont, CA 94002
2002 FOREST Ave Belmont, CA 94002
Price: $898,000
| Beds: | 3 |
| Baths: | 2 |
| Sq. Ft.: | 1,243 |
| $/Sq. Ft.: | $722 |
| Lot Size: | 4,000 Sq. Ft. |
| Age (Years): | 60 |
| Year Built: | 1948 |
Last sale: May 31, 2007 $945,000
Loss if sold for asking: $47000 or -5.0%
This tiny little cottage’s price per square foot is about 40% above Belmont’s median. I think it could fall at least 30% before it is even remotely reasonable.
401 S GRANT St San Mateo, CA 94402
401 S GRANT St San Mateo, CA 94402
Price: $664,900
| Beds: | 2 |
| Baths: | 1 |
| Sq. Ft.: | 1,040 |
| $/Sq. Ft.: | $639 |
| Lot Size: | 3,500 Sq. Ft. |
| Age (Years): | 86 |
| Year Built: | 1922 |
Sales history:
| Oct 03, 2005 | $770,000 | |
| Sep 19, 2006 | $676,311 | |
| Apr 30, 2007 | $656,000 | |
| Jul 07, 2008 | $559,729 |
Listing history:
| Date | Price |
| Jul 25, 2008 | $699,900 |
| Aug 29, 2008 | $664,900 |
This house’s facade reminds me of a shoebox with random holes cut into it and it is the same size as the condo I live in. This is a bank owned property and I think they are being a bit too optimistic with the price. I think this will stay on the market for a very long time if they don’t start cutting $100k a month. It is currently more than $100k less than its 2005 price.
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.
446 Andover Dr Pacifica, CA 94044
446 Andover Dr Pacifica, CA 94044
Price: $459,000
| Beds: | 3 |
| Baths: | 1 |
| Sq. Ft.: | 1,130 |
| $/Sq. Ft.: | $406 |
| Lot Size: | - |
| Property Type: | Detached, Single-Family Home |
| Property Style: | Ranch |
| Year Built: | 1965 |
Last sales: Apr 07, 2005 $598,000 Jun 29, 2005 $685,000
Loss if sold for asking: $226,000 or 33%
This is a pre-foreclosure, which means that if it doesn’t sell and gets foreclosed it will probably come back on the market at a lower price. It’s a small rancher in Pacifica that doesn’t seem all that special. I would buy it if it were another 50% off.
63 MENLO Ave Daly City, CA 94015
63 MENLO Ave Daly City, CA 94015
Price: $425,000
| Beds: | 3 |
| Baths: | 2 |
| Sq. Ft.: | 1,310 |
| $/Sq. Ft.: | $324 |
| Lot Size: | 5,000 Sq. Ft. |
| Age (Years): | 51 |
| Year Built: | 1957 |
| Type: | Detached Single Family |
Last sale: Sep 08, 2006 $709,000
Loss if sold for asking: $284,000 or 40.1%
Brand new listing. This is about the size of the house I want, but I think 420k is still a bit too much right now. Also, Daly City is too far from work.
817 COVINGTON Rd Belmont, CA 94002
817 COVINGTON Rd Belmont, CA 94002
Price: $589,900
| Beds: | 2 |
| Baths: | 2 |
| Sq. Ft.: | 1,225 |
| $/Sq. Ft.: | $482 |
| Lot Size: | 5,150 Sq. Ft. |
| Age (Years): | 57 |
| Year Built: | 1951 |
| Type: | Detached Single Family |
Last sales: Jul 14, 2005 $750,000 & Feb 01, 2008 $704,591
Loss if sold for asking: $114691 or 16.3%
This fairly new listing is a fixer upper and looks like it’s bank owned since that last sale price is really recent and is an odd number. It’s located in a decent enough section of Belmont and has potential.
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Stop the Mortgage Bailout!
