63 Appian Way #C $450000 Foreclosure-Need Immediate Offer (south san francisco)

 

63 Appian Way #C South San Francisco, CA , 94080

Beds: 2
Baths: 2.5
Sq. Ft.: 1,675
$/Sq. Ft.: $309
Lot Size: -
Property Type: Attached, Townhouse, Condominium
Property Style: Contemporary

This property is currently on MLS listed at $518k, but I saw this Craiglist listing that states the following:

$450000 Foreclosure-Need Immediate Offer

Reply to: ildiko@princeton-realestate.com
Date: 2008-08-04, 10:39AM PDT

Forget looking for a bargain elsewhere! This pristine 2 bedroom/2.5 bath townhome in SSF with panoramic views, ideally located within minutes of downtown San Francisco & Silicon Valley. This unit has everything you need for luxury living in the Bay Area including 2 car parking, laundry in unit and much more. This is a short sale.

Contact me today to schedule a time to see this great value! 415-412-8721

This property was bought in the last bubble of the late 80s and has a pretty high HOA fee. Most likely this short sale won’t go through, but maybe someone will  help this guy out?

1025 TOYON Dr Burlingame, CA 94010

1025 TOYON Dr Burlingame, CA 94010

Price: $649,900

Beds: 3
Baths: 2
Sq. Ft.: 1,970
$/Sq. Ft.: $330
Lot Size: 6,400 Sq. Ft.
Age (Years): 62
Year Built: 1946
Type: Detached Single Family

Last sale: Jun 24, 2008 $935,420

Loss if sold for asking:  $285520 or 30.5%

This home is from a tip by reader Carina.  She says “Just wanted you to know, 1025 Toyon, a bank owned property, just came on the market today at $649K. Its a nice size, 3/2 at almost 2000 sq ft, but it is right across the street from the train tracks.”  This is indeed a nice sized house in Burlingame.  It’s kind of odd that the bank took it back for $935k when the assessed value is only $700k or so.  I guess someone went crazy on the cash out refinances. Thanks for your tip Carina!

52 EL BONITO Way Millbrae, CA 94030

 

52 EL BONITO Way Millbrae, CA 94030

Price: $899,000

Beds: 3
Baths: 3
Sq. Ft.: 1,720
$/Sq. Ft.: $523
Lot Size: 5,050 Sq. Ft.
Age (Years): 68
Year Built: 1940
Type: Detached Single Family

Last sale: May 23, 2006 $1,080,000

Loss if sold for asking: $181000 or 16.8% 

A rare short sale in Millbrae.  The house definitely looks livable.

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.

964 ANNA St San Mateo, CA 94401

964 ANNA St San Mateo, CA 94401

Price: $629,000

Beds: 4
Baths: 2
Sq. Ft.: 1,620
$/Sq. Ft.: $388
Lot Size: 5,250 Sq. Ft.
Age (Years): 58
Year Built: 1950
Type: Detached Single Family

Price history:

Date Price
Dec 21, 2007 $780,000
Jan 10, 2008 $729,000
Jan 16, 2008 $695,000
Jan 29, 2008 $675,000
Apr 01, 2008 $649,000
Apr 25, 2008 $629,000

Last sale:   Jun 30, 2006 $825,000

Loss if sold for asking:  $196,000 or 31.2%

Okay, the grass is dead in the backyard on this pre-foreclosure, but the rest of the house seem okay.  After six months on the market, it has gone through a bunch of price reductions.   Maybe someone good seller will see this house now and save a family from foreclosure?

2016 LYON Ave Belmont, CA 94002

 

2016 LYON Ave Belmont, CA 94002

Price: $964,500

Beds: 3
Baths: 2.5
Sq. Ft.: 1,781
$/Sq. Ft.: $542
Lot Size: 4,000 Sq. Ft.
Age (Years): 46
Year Built: 1962
Type: Detached Single Family

Last sale: Apr 12, 2007 $980,000

Loss if sold for asking: $15,500 or 1.6%

This is a brand new listing in west side Belmont. If you go by price per square foot, this listing is a better deal than its neighbor we featured here. I wonder how soon this one will be snapped up? Oh, and Redfin is a little messed up right now so the pictures aren’t showing :(

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