2 ZACHARY Ct Menlo Park, CA 94025 - Almost Rolled Back to Original 2001 Price
2 ZACHARY Ct Menlo Park, CA 94025
Price: $2,570,000
| Beds: | 6 |
| Baths: | 4 |
| Sq. Ft.: | 4,267 |
| $/Sq. Ft.: | $602 |
| Lot Size: | 10,080 Sq. Ft. |
| Age (Years): | 7 |
| Year Built: | 2001 |
| Type: | Detached Single Family |
Last sale price: Oct 31, 2001 $2,500,000
Original list price: May 12, 2008 $2,950,000
After 3 months on the market and almost $400k in price reductions, this house is now listed for less than 3% above its 2001 price. This is in the prime area of west Menlo Park west of Alameda de Las Pulgas.
1455 GORDON St Redwood City, CA 94061 - $450000+ price reduction
1455 GORDON St Redwood City, CA 94061
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.
930 ROSEWOOD Dr San Mateo, CA 94401
930 ROSEWOOD Dr San Mateo, CA 94401
Price: $1,249,000
| Beds: | 3 |
| Baths: | 2.5 |
| Sq. Ft.: | 2,090 |
| $/Sq. Ft.: | $598 |
| Lot Size: | 6,930 Sq. Ft. |
| Age (Years): | 80 |
| Year Built: | 1928 |
| Type: | Detached Single Family |
| Style: | Spanish |
| Stories: | Bi/Split Level |
Last sale: May 11, 2005 $1,305,000
Loss if sold for asking: $56000 or 4.3%
That picture makes it look like a very small house with a false wall. It doesn’t exactly scream million dollar home. Here are some comparable data from Redfin that shows a couple troubled homes that sold recently in the neighborhood:
$607,670 720 S Delaware St
Sold on Jun 25, 2008 ,0.23 miles away, 5 bd / 3 ba 2,033 Sq. Ft.
$835,000 718 10th Ave
Sold on Apr 10, 2008 0.32 miles away, 2 bd / 2 ba 1,959 Sq. Ft.
So basically at $598 per square foot, this home is still overpriced for its neighborhood.
71 BAYPARK Cir South San Francisco, CA 94080
71 BAYPARK Cir South San Francisco, CA 94080
Price: $949,888
| Beds: | 4 |
| Baths: | 2.5 |
| Sq. Ft.: | 2,410 |
| $/Sq. Ft.: | $394 |
| Lot Size: | 7,474 Sq. Ft. |
| Age (Years): | 11 |
| Year Built: | 1997 |
| Type: | Detached Single Family |
Last sale: Nov 17, 2004 $985,000
Loss if sold for asking: $35112 or 3.6%
This home still has an assessment above $1 million but it is under its sale price in 2004. Inflation adjusted it is under the 2003 price. It is fairly large and is only 11 years old. You would think that they would post a few pictures of the property at this price point, but nope, all we have is the street view photo.
4 ALISAL Ct Pacifica, CA 94044
4 ALISAL Ct Pacifica, CA 94044
Price: $899,000
| Beds: | 4 |
| Baths: | 3 |
| Sq. Ft.: | 2,210 |
| $/Sq. Ft.: | $407 |
| Lot Size: | 5,531 Sq. Ft. |
| Age (Years): | 8 |
| Year Built: | 2000 |
| Type: | Detached Single Family |
Last sale: Jan 13, 2006 $1,000,000
Loss if sold for asking: $101,000 or 10.1%
This former million dollar home does look pretty decent. The price per square foot is also below the median for Pacifica. More former million dollar homes will be listed this month. Stayed tuned!
26 W 4TH Ave #2 San Mateo, CA 94402
26 W 4TH Ave #2 San Mateo, CA 94402
Price: $875,000
| Beds: | 3 |
| Baths: | 3 |
| Sq. Ft.: | 2,500 |
| $/Sq. Ft.: | $350 |
| Lot Size: | - |
| Age (Years): | 88 |
| Year Built: | 1920 |
| Type: | Condominium |
| Style: | Mediterranean |
| Stories: | Low Rise (1-3 Stories) |
| Unit Description: | 1 Level |
| Unit Location: | 1st Floor Unit |
Last sale:
| Jun 01, 2005 | $899,000 |
Loss if sold for asking: $24,000 or 2.7%
At first glance it seems like this condo has very low cost per square foot, but then if you took a look at the HOA you will see why. The fees are $660 a month! The condo is at a very good location at the heart of San Mateo downtown, though. This is open on July 27th from 1 to 4 pm.
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