Lowest price house in Redwood City… 1 year later…
Last August, Burbed featured this house in Redwood City:
Fortunately enough, this house is still on the market!
That’s right… run you law firm, your engineering firm, your CPA out of this house. Renters, hello! This house is for you! It’s centrally located! 1923 Middlefield!
This house won’t last long… it said that in August, and at this new price, it really won’t last long.
So what’s keeping you?
February 12th, 2008 at 6:30 am
It’s a different MLS number. Maybe it’s an REO like the one yesterday.
February 12th, 2008 at 9:23 am
I always wonder when I see “this house won’t last long!”
Does it have termites or something?
February 12th, 2008 at 10:53 am
It’s even lower now, only $319,900. In fact, it’s cheaper than the cheapest condos in Redwood City, San Carlos, Belmont, Palo Alto, Menlo Park. You have to go all the way to San Mateo (or EPA) to find anything less expensive.
But damned if you’ll catch me dead living on Middlefield Road, especially with that car audio place right on the other side of Woodside.
February 12th, 2008 at 11:20 am
Contemporary as opposed to Victorian?
Good location for a stop-N-crack franchise tho’
February 12th, 2008 at 11:36 am
It has 2 beds and 1 bath in a 600 sqft. That’s just amazing!
February 12th, 2008 at 11:36 am
It’s an REO, but from back in ’06.
12/4/2006 $483,523 Trustee’s Deed upon Sale Resale Cal-Western Reconveyance Corp National City Bank
11/23/2005 $565,000 Grant Deed Resale Gallegos, Rigoberto Diaz-Uriza, Mauricio
8/27/2003 $290,000 Grant Deed Resale Done Deal Financial Corp Gallegos, Rigoberta
6/16/2003 $200,000 Grant Deed Resale Becker, Joseph Done Deal Financial Corp
PropertyShark is your friend.
See that 2003 price? It’s going to look familiar soon.
February 12th, 2008 at 11:55 am
The purchase of $565,000 on 11/23/2005 was 100% financing. 1st loan $452K, 2nd loan $113K, both from First Franklin Bank. The stupid bank is losing at least $200K on this crap. No wonder Jim Rogers has not closed his short position on U.S. financial institutes yet.
February 12th, 2008 at 12:41 pm
Gee, that’s per-ty.
Is Redwood City still part of the real Bay Area? I am losing track.
February 12th, 2008 at 3:09 pm
First Franklin is a subsidiary of Merrill Lynch.
February 12th, 2008 at 5:27 pm
Malcolm: only that hilly area west of Alameda de las Pulgas where you can put your mailing address down as “Woodside” and it’ll still get delivered.
February 12th, 2008 at 6:30 pm
I love this house! It is on a tiny lot right on the corner of Woodside and Middlefield which is always noisy and busy. The house itself is smaller than typical apartments. The garage has been converted, and the whole place looks terrible–as it might blow away or fall down, though no such luck so far. There are some other very tiny houses like this in that area, but no others so poorly located. Potential is about all this place has. There is also a big new house next to it on Middlefield that casts evening shadows over it. Even $300k is pushing it for this place. That last purchase was quite the boner.
March 29th, 2008 at 4:32 pm
This house has sold.. I’ll see if I can find out how much it went for when Mercury News publishes the list of transactions for the week.
April 8th, 2008 at 6:53 am
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