"Lowest price in the area!!!!!!!!!!!!"
1418 Cliffwood Dr, San Jose, CA 95122. San Jose Real Estate/Home for Sale.
1418 Cliffwood Dr, San Jose 95122
Bedroom: 3 Bathroom: 1 MLS#: 721380 Square Footage: 960 $489,999
Status:
Active
Year Built: N/A Parking Spaces: 1 List Date: 4/22/2007 Lot Size: N/ADESCRIPTION -
1418 Cliffwood Dr, San Jose
Lowest price in the area!!!!!!!!!!!! Plenty of potential!! Located near schools, shopping malls and walking distance to park Dual pane windows, ceiling fans thoughou the house and much more.
Now, I gotta admit – this is a pretty low price in the area. But then again, the house is only 960 sqft! That’s about $500 per square foot. Built in an unknown year! On a lot of unknown size! Without any interior pictures!
I guess there is plenty of potential – since there are no facts, you just need a great imagination. Buy today!
June 14th, 2007 at 10:18 am
Damn you’re a good salesman burbed! I’m in. Where do I sign?
June 14th, 2007 at 11:19 am
OK, yet another Story & King gangland special.
Located near schools. (Very bad gang-infested ones)
Near shopping mall. (Not really, but lipstick-painted-pigstye Story & King makeover strip mall is close. That is unless you say Eastridge is “close by”)
Ever been to Eastridge? Ratio= 1 White/100 “Other”.
Walking distance to park. (Watch out for needles and condoms. And don’t mind that urine smell.)
But the main reason I wouldn’t buy? There’s no concrete replacing the front yard. At least they have the overhanging wires though, a plus.
June 14th, 2007 at 5:05 pm
I’m noticing a 2-tiered housing stock and buyers.
If a family could afford a 500K house and this is what you get, they would most likely stretch themselves to a $700K house.
Then for those who can’t afford a 500K house or qualify wouldn’t look at this because it’s not of good quality and they might as well still rent.
This is what is creating this high median on sales – only houses above a certain price are selling. Those that can’t even qualify, can’t afford anything.
I think the perception of how much a house should cost will take awhile to adjust downward and remain 2-tiered.
June 14th, 2007 at 5:12 pm
Hm, that’s an interesting theory. Let’s look at the math.
Let’s assume someone has $70k saved up to spend on a house.
A mortgage on a $430k loan would be about $2647
A mortgage on a $630k loan would be about $3879
That’s nearly $14,784 more a year.
I’m not sure about the stretching part – especially from $500->$700, but “still renting” is likely the case.