August 13, 2007

How to lose $240 a day… 1923 Middlefield Road

MLSlistings Property Detail for MLS number 672966
1923 MIDDLEFIELD RD
Redwood City, CA 94063
$425,900

1923middle.jpg
Inviting Redwood City Ranch Home
THIS CONTEMPORARY SINGLE FAMILY HOME, LOCATED ON THE WORLD RENOWN SAN FRANCISCO PENINSULA, IS WITHIN MINUTES OF SHOPPING, ENTERTAINMENT AND BOTH THE SAN FRANCISCO AND SAN JOSE AIRPORTS. A UNIQUE PROPERTY WITH AN UPDATED KITCHEN AND A COVERTED GARAGE THAT CAN EASILY BE CONVERTED BACK. THIS CHARMING HOME IS WAITING FOR THE RIGHT OWNER TO BRING IT BACK TO IT’S ORIGINAL POTENTIAL. HURRY, THIS HOME WON’T LAST LONG!

This Single Family Residence has the following features:
MLS#: 672966 Approx Age: 79 Years Approx Sq Ft: 600
Detached Single Family 1 Story 2 Bedrooms

Let’s ignore the fact that this house really isn’t going to last long – because it looks like it’s going to collapse.

Let’s look instead at Zillow:

12/04/2006:       $483,523
11/23/2005:     $565,000
08/27/2003:     $290,000

Curious huh? Well, in any case – even if this house does sell at the current price, the owner will have lost almost $240 a day. And that doesn’t even include the Used House Salesman fee, or maintenance (not that there was any.)

But then again, this is Redwood City. I hear it’s going to lose its Bay Area membership soon.

Comments (3) -- Posted by: burbed @ 5:25 am

3 Responses to “How to lose $240 a day… 1923 Middlefield Road”

  1. Area 51 Says:

    It is a prerequisite that Used House Salesmen be illiterate?

    I like the super top secret “COVERTED” garage added, I guess that means it was done under the radar, so to speak……

    Gawd I love the “world reknown” SF bay Area……

  2. DensityDuck Says:

    I like the electrical cables bolted to the sidewalk right outside the front door. Yeah, THAT’S a view to inspire greatness…

  3. Lowest price house in Redwood City… 1 year later… [Burbed.com] Says:

    [...] Last August, Burbed featured this house in Redwood City: How to lose $240 a day… 1923 Middlefield Road [Burbed.com] [...]


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