Sq. Ft.: 650
$/Sq. Ft.: $200
Lot Size: 2,500 Sq. Ft.
Age (Years): 57
Year Built: 1951
Type: Detached Single Family
Stories: 1 Story
Neighborhood: East of U.S. 101
County: San Mateo
On Redfin: 33 days
Single family home is a fixer upper. Lots of potential. Close to transportation and shopping. NOT a short sale.
If this doesn’t signify the bottom, I don’t know what does. A house for just $130,000.
Here’s what Burbed reader Brian had to say:
It wasn’t the boarded up windows, the 2500 sq ft lot, the all concrete lot, or the fact that the house looks like a garage that was a “wow” factor for me.
No, it was the Z-Estimate, that said that 2% of the homes in the zip code have a value lower than this home.
And with a Z-Estimate of $370,000, you’d be missing out on $240,000 of instant equity!
I present a challenge to the readers of Burbed, find a house in the bottom 1%.
Nice find Brian. Again. Holy cow. That’s a crap load of instant equity!
Does anyone care to take up Brian on this offer? Or are y’all too busy putting bids on this amazing steal?