November 25, 2008

When granite attacks – in Belmont

1222 NORTH Rd Belmont, CA 94002
Price: $594,900


Beds:     2
Baths:     1
Sq. Ft.:     980
$/Sq. Ft.:     $607
Lot Size:     5,400 Sq. Ft.
Property Type:    Detached Single Family
Style:    Ranch
Year Built:    1961
Stories:    1
View:    Bay, Neighborhood, City Lights
Neighborhood:    Belmont Country Club
County:     San Mateo
MLS#:     80836670
Source:     MLSListings
Status:     Active
On Redfin:     48 days
REO Property with absolutely fantastic views! This is a perfect home for 1st time home buyers with 2 bedrooms 2 bath and 1 master bedroom suite. Hardwood floors, needs minor updating inside, but certainly liveable. Must come to see the potential and opportunity. Easy to show. Please use CAR Purchase agreement.

Thanks to Burbed reader Pralay for this find.

Have you ever seen one of those horror movies, where someone touches a substance, and suddenly it engulfs the person – covering them in the substance? (I didn’t see Spiderman 3 – is that what happened to him?)

That’s what this house reminds me of. “Oh yeah, I just wanted a little granite here and there, when suddenly it GRANITED ME!”

Or maybe this person was looking to thwart the terrorists with this confusing pattern. I have a headache just looking at it!

To those who are more Realtory-ish – what’s the significance of that last sentence?

Comments (85) -- Posted by: burbed @ 5:56 am

85 Responses to “When granite attacks – in Belmont”

  1. RealEstater Says:

    Actually Pralay is pissed because there’s no lawn to water in this one.

  2. Christina Says:

    What is with the dang columns in houses in the bay area? They just look lame half the time!?

  3. bob Says:

    Not to mention your kids will get radiated thoroughly with all that granite.

  4. Prof. Bleen Says:

    [insert obligatory "taking it for granite" joke]

  5. Herve Says:

    But… why did they move the kitchen countertop outside?

  6. Jeff Says:

    To Burbed’s question. CAR is California Association of Realtors, and their purchase agreements are the ones used in most areas. The local realtor group on the Peninsula uses their own forms in most transactions (so they can feel special I guess…)

  7. nomadic Says:

    To use anon’s terminology, someone signed up to make $850,000 payments on that thing? Nice view but it is TINY!

  8. Pralay Says:

    Actually Pralay is pissed because there’s no lawn to water in this one.
    ——

    Even a broken clock is right twice a day. Roger The Brickster is right once in a while too. :)

  9. Justin Sane Says:

    http://www.car.org/legal/standard-forms/

  10. anon Says:

    Yes.

    A bank should never take a debtor’s ability to make payments for granite.

  11. SanMatean Says:

    This could be a duel to the death with the neighbors at 1224 North Rd:

    http://www.redfin.com/CA/Belmont/1224-NORTH-Rd-94002/home/765409

    Same sq footage, similar lot size, 5K price difference. Looks like both are REO. 1224 has been sitting at roughly this price for 11+ months.

    Oddly, the granite seems to be creeping from 1222 into 1224, as seen in the main image. We’d better kill these things before Belmont is entirely fossilized!

  12. nomadic Says:

    c’mon someone, buy this! It’s a rock solid deal!

  13. nomadic Says:

    SanMatean – the featured house has had a price drop to $565,400; now at a $23,600 advantage!

  14. SanMatean Says:

    I guess they are building in the cost of tearing out all of that granite.

  15. bob Says:

    I took a closer look at this thing. Obviously someone must have had this vision inside their head that by making the entire house out of granite, it would be a modern, artistic masterpiece of architecture. Pity their thinking because this looks AWFUL! On top of that, anyone notice that half the granite in the driveway is shiny? Wouldn’t want to be on that on a rainy day. Additionally, you’d have to warn the kids not to hurt themselves out in the “yard”.

  16. anon Says:

    “c’mon someone, buy this! It’s a rock solid deal!”

    That’s the appearance of a win-win situation.

    In actuality, you’ll find your life on the rocks in no time.

  17. anon Says:

    One more thing: I think the view of the power lines is quite exquisite!

  18. DensityDuck Says:

    The granite is bad–it looks like it was purposefully constructed to resemble a 1960s-era linoleum pattern.

    But..my god, whoever did this house FREAKIN’ LOVED yellow!

  19. Pralay Says:

    c’mon someone, buy this! It’s a rock solid deal!
    ———-

    And if someone wants rock solid career for his/her kids, how about “moving up” to Palo Alto? You know Stanford has “preference” for Palo Alto residents. Your kids are guaranteed to go Stanford. How about this 100K discounted one? Or, do you remember this one featured on Burbed last month? It is relisted and just got 100K cheaper.

    It’s great time to buy home NOW! Why are you not joining party? And I am not talking about some pot smoking party, but the celebration party for your kids going to Stanford (well, they may go to Stanford 10/15 years later, but once you buy home in Palo Alto, it is assured).

  20. anon Says:

    LOL Pralay, good find on the one that is ‘discounted’ 100k.

    A million dollars for a blue collar 1200sqft house? Can you say bag holder?! LOL.

    When Joe the plumber can buy this home, prices will have returned to normalcy.

    http://money.cnn.com/2008/11/25/real_estate/third_quarter_case_shiller/?postversion=2008112515

    No end in sight for the free fall. Wheeeeee! Good thing homes have a lot of inertia.

  21. Pralay Says:

    Anon,
    Please don’t mislead people with the doom and gloom news based on useless aggregated data. Other places don’t have Stanford. That’s why there are in decline.

  22. anon Says:

    Pralay, please don’t mislead people with your statement that I am misleading people.

    There is no way that the blind can lead the blind…unless somebody plays the dog.

  23. Pralay Says:

    I bet someone is here to “help”. :)

  24. anon Says:

    Oh? Whose that?

    I am stonewalling your attacks with granite leftover from today’s showcase property. The shield is as impenetrable as high prices.

  25. Pralay Says:

    Needless to mention that when price is in decline, it is great time to buy home. Don’t lose this opportunity. Very soon there will be lots of buyers sitting on sidelines with cash who will eventually “cave in” and increase the demand rapidly. In addition foreigners are coming. Buy your dream home before that. It’s always great time to buy home!

  26. anon Says:

    Yes. It is always a good idea to invest in a depreciating asset.

    This is why motor vehicles have been a good purchase. Who knew!?

  27. Pralay Says:

    The shield is as impenetrable as high prices.
    ——

    What about BBQ tables and parks? Are they shielded from soccer players and people “improper dress”?

  28. bob Says:

    aggregated data. Ha!HA HA! Yes indeed. This house looks as if it has lots of aggregate in it.

  29. anon Says:

    “What about BBQ tables and parks? Are they shielded from soccer players and people “improper dress”?”

    Pralay, do not worry about soccer players and improper dressed people. As we speak, powerful people are working to ban ban them from the community.

  30. anon Says:

    OOps too much ban.

  31. RealEstater Says:

    anon,

    Do you not realize Pralay is actually a realtor in disguise? He specializes in the niche market of undesirable, hard-to-sell properties, like this one he showed us in Palo Alto, with train tracks running next to it. Indeed, he specializes in depreciating investments, on which the owner can claim tax deductions. Based on his specialty, the market is always falling.

  32. RealEstater Says:

    >>with train tracks running next to it.

    Make that train tracks and high traffic street. Perfect opportunity for the deaf person.

  33. madhaus Says:

    Dang it. You’re all “rocking out” without me. And I brought my amp!

    The front lawn of this house reminds me of Roman ruins for some reason, with broken slabs embedded underfoot.

  34. madhaus Says:

    anon, definitely too much ban. Powerful people got themselves banned for banning people.

  35. RealEstater Says:

    >>anon, definitely too much ban. Powerful people got themselves banned for banning people.

    Palo Alto police is in a very tough spot. It is a fact that majority of the crimes in Palo Alto are committed by out-of-towners, and based on demographics data, when you see a Latino or black person, it is likely the person is not a resident. Recently, there has been a string of robberies in Palo Alto, and the suspects does not point to a white person. What is the police department to do? Should the residents put up with crime just because the police department has their hands tied behind their back?

  36. madhaus Says:

    Ha ha! A robbery suspected arrested in Menlo Park is

    1. African-American
    2. Accused of stealing purse in Menlo Park. Purse found in his car.
    3. Found in East Palo Alto when victim reported getaway car license plate
    4. Being investigated for robberies in Palo Alto at CalTrain stations
    5. Had been stopped by police in the neighborhood before.
    6. Has been arrested several times.

    Oh yeah, one more important fact.

    The suspect is a resident of Palo Alto.

  37. anon Says:

    The ‘wall’ of high prices has a hole in it. Oh, wait – it isn’t really a wall at all.

    Maybe the hole can be patched if enough residents agree to give up fundamental rights.

    Who knew that a city right next to another city known for its high homicide rate would have some spillover crime?

    I can think of one person who didn’t…

  38. nomadic Says:

    meanwhile, on the mortgage rate front…
    http://www.reuters.com/article/vcCandidateFeed2/idUSTRE4AO98L20081125

    Conforming 30-yr fixed fell 75 bp after the Fed’s actions.

  39. madhaus Says:

    That’s the problem with being cleared for takeoff on the Flight to Quality.

    Stowaways.

  40. nomadic Says:

    lol

  41. RealEstater Says:

    >>meanwhile, on the mortgage rate front…
    http://www.reuters.com/article/vcCandidateFeed2/idUSTRE4AO98L20081125

    >>Conforming 30-yr fixed fell 75 bp after the Fed’s actions.

    I’m not seeing the drop on bankrate.com, but if it’s true, this represents a SIGNIFICANT incentive to home buyers. It effectively lowers the cost of home ownership, and more importantly, allows investors like me to borrow higher amounts for increased leverage. In the longer run, it will firm up home prices. All in all, this is great news!

  42. anon Says:

    Indeed it is – it provides more incentives for people to be bag holders.

    Now truly is a good time to buy.

  43. madhaus Says:

    It effectively lowers the cost of home ownership, and more importantly, allows investors like me to borrow higher amounts for increased leverage. In the longer run, it will firm up home prices. All in all, this is great news!

    Investors like you? Oh yes. People who pretend to be investors. Like Fantasy Football League. Except people who play FFL actually have to show their results every week and post their rosters. None of this “I sold my stock portfolio last week before the crash” backfilling.

  44. Pralay Says:

    He specializes in the niche market of undesirable, hard-to-sell properties, like this one he showed us in Palo Alto, with train tracks running next to it.
    —–

    Train track “next to it”? That’s on other side of Alma. Now our Roger The Brickster is re-defining the meaning of “next to it”. Of course he already defined “desirable” which means “a home without 100K price reduction”. :)

    But hey, it is Palo Alto – first stepping stone for sending your kids to Stanford. Train track? Busy street? Old house? Tiny house? Does it really matter? Is it really so bad to get stuck in Palo Alto?

  45. Pralay Says:

    Investors like you? Oh yes. People who pretend to be investors.
    ——-

    And you forgot multi-********** mega-project. The real question is if his own well-rounded kids believe him. If they do, they are not well-rounded – a very bad thing. If they don’t, that’s bad too. Either way it is lose-lose situation for Roger The Brickster.

  46. Pralay Says:

    Oh yeah, one more important fact.

    The suspect is a resident of Palo Alto.
    ———-

    Well-rounded criminal.

  47. Pralay Says:

    He specializes in the niche market of undesirable, hard-to-sell properties, like this one he showed us in Palo Alto, with train tracks running next to it. Indeed, he specializes in depreciating investments, on which the owner can claim tax deductions.
    ———

    BTW, “depreciating investments”!!!!!!!! :0 What is he talking about? Is it REALLY possible in RBA? Definitely not. Now we know that one home in Palo Alto is not part of RBA. Another hole in gruyere cheese. This is NOT a home where “professionals would choose to live”.

  48. madhaus Says:

    >>Oh yeah, one more important fact.

    >>The suspect is a resident of Palo Alto.
    ———-

    Well-rounded criminal.

    Gifted and talented, too. Look how that guaranteed entry to Stanford worked out for him.

  49. RealEstater Says:

    >>Indeed it is – it provides more incentives for people to be bag holders.

    If 30 year fixed mortgage rate drops below 5.5%, watch out, it would be a strong buy signal if there is such a thing for real estate. Even if the market drops somewhat (which is less likely in an low interest rate environment), it would not be worthwhile to wait endlessly for the drop, because locking in the rate with this rare opportunity is far more important for long term investors.

  50. Pralay Says:

    Guys,
    Dropping rate below 5.5% would be horrible for you guys. There will be buyers sitting on sidelines “caving in”. There will be foreigners – overbidding everywhere. You will be priced out. So buy your home in RBA before the rate drops to 5.5. Don’t wait for that.

  51. RealEstater Says:

    >>So buy your home in RBA before the rate drops to 5.5. Don’t wait for that.

    Again, Pralay manages to miss the point entirely.

  52. Pralay Says:

    Again, Pralay manages to miss the point entirely.
    ——

    Was there really a point? I thought I just made a very good sales pitch. :)

  53. RealEstater Says:

    >>Was there really a point? I thought I just made a very good sales pitch.

    Yup, missing the point even when making a sales pitch. Pathetic indeed!

  54. RealEstater Says:

    Pralay says,
    >>Train track “next to it”? That’s on other side of Alma.

    Of course, how can I forget! Noise from the train cannot possibly travel to the house if Pralay lives there, because he has a patented firewall technology that keeps all the noise out!

  55. Pralay Says:

    Yup, missing the point even when making a sales pitch. Pathetic indeed!
    —–

    Come on! Does it really matter? Sale – that’s all matter for a sales pitch. :) Point is pointless. For example, read #42. Does it really matter if someone calls himself investor even though he is not one? All those details are pointless. Sale – that’s all matters.

  56. Pralay Says:

    Noise from the train cannot possibly travel to the house if Pralay lives there, because he has a patented firewall technology that keeps all the noise out!
    —–

    Guys,
    New definition of “next to it” = anywhere where noise/sound reaches. :)

  57. Pralay Says:

    BTW, I wonder if 94301 has its own well-rounded talented gifted English language.

  58. madhaus Says:

    Pralay, I notice Roger Realtor isn’t discussing the robberies anymore. His point was that outsiders were preying on residents.

    Now we have residents preying on outsiders! The world turned upside down! Soon vicious Palo Alto athletes will be evicted from soccer fields in Sunnyvale.

    I had predicted he would change the subject before he posted the off-topic responses about firewalls and sales pitches. I had no idea Roger was a Cisco salesman too.

    You all can back me up! I predicted this, right?

  59. RealEstater Says:

    madhaus,

    I noticed you’re not talking about interest rate anymore.

    In any case, anyone can rent a low-income apartment on Alma. These are not real residents. They’re more like transient guests of the community. Otherwise, even Pralay qualifies to be called a resident of Palo Alto.

  60. RealEstater Says:

    In general, I don’t see why we cannot use racial profiling. If you see a middle eastern guy acting suspiciously, you’re not going to wait until you are blown up to get investigate. If 90% of the crime in a city are committed by a particular racial group, then it’s only natural to check out that group more diligently. This guidance can apply to any racial group, so it’s not racist at all.

  61. RealEstater Says:

    Pralay says,
    >>Point is pointless. For example, read #42.

    LOL. The pot is calling the kettle black.

  62. anon Says:

    Yes.

    Paying interest on a loan to a bank is very different from paying rent to a landlord.

    So different, in fact, it defines whether or not one is a resident of a particular area.

  63. tony in fairfax ca Says:

    over 60 replies thats great this funny blog is really picking up… This blog and a few bong hits later and I am on the floor laughing :)))
    Leslie Appleton-Young is on suicide watch at Marin General …

    http://tinyurl.com/6etwdt

  64. Herve Says:

    > So different, in fact, it defines whether or not one is a resident of a particular area.

    Absolutely. I also heard they pull your credit history when you try to enter Foothills Park.

  65. RealEstater Says:

    >>Paying interest on a loan to a bank is very different from paying rent to a landlord.

    If it’s not any different, why be a second class resident?

  66. anon Says:

    That’s precisely my point.

  67. nomadic Says:

    You guys talk about bag holders like they’re a bad thing. Maybe I ought to go look for one… ;-)

    anon, paying interest to a bank is way better than rent. It’s downright patriotic now! You saw the article, right? We’ve all got to get deeper in debt to bail out the economy… yeah, that’s the ticket!

  68. anon Says:

    No way, nomadic. They serve an important purpose. Let’s just hope that the people who sign up are ones who already reaped a windfall and are hoping to double down.

  69. madhaus Says:

    There’s a technical term for these people.

  70. Pralay Says:

    The pot is calling the kettle black.
    ———-

    Atleast we can agree on something. Post #42 was shameless sales pitch too. And #51 too. :)

  71. Pralay Says:

    His point was that outsiders were preying on residents.
    ———–

    And haven’t noticed how Roger The Brickster labelled the PA resident as “transient guest”? How about labelling all PA residents living less than or equal to five years in PA as “transient guest” or “non-resident”? Ooops, Roger falls into that category.

  72. Pralay Says:

    In any case, anyone can rent a low-income apartment on Alma. These are not real residents.
    ——

    LOL! After Real Bay Area, now Real resident. :)

  73. Herve Says:

    The house next door, 1224 North Rd, is also for sale.

    Burbed, how could you miss such a double feature?

  74. Pralay Says:

    If 90% of the crime in a city are committed by a particular racial group, then it’s only natural to check out that group more diligently. This guidance can apply to any racial group, so it’s not racist at all.
    ——-

    yes, “guidance” baby “guidance! That’s all. The argument comes right from Michelle Malkin’s mouth.

  75. RealEstater Says:

    RE says,
    >>The pot is calling the kettle black.

    Pralay says,
    >>At least we can agree on something.

    We both agree that you’re the pot and he’s the kettle. I’m not sure about anon though.

  76. RealEstater Says:

    Pralay says,
    >>yes, “guidance” baby “guidance! That’s all. The argument comes right from Michelle Malkin’s mouth.

    The key word is “guidance”, which you repeated but failed to understand. Guidance is absolutely different from rounding up all the people of a particular race and puting them in prison camps for several years without any apparent cause.

  77. RealEstater Says:

    Pralay says,
    >>How about labelling all PA residents living less than or equal to five years in PA as “transient guest” or “non-resident”? Ooops, Roger falls into that category.

    I’m not sure who’s Roger, but Real Estater has certainly been in PA for more than 5 years, as my previous house was in PA too.

  78. Pralay Says:

    We both agree that you’re the pot and he’s the kettle. I’m not sure about anon though.
    —–

    LOL! #42 is by someone named Roger The Brickster.

  79. Pralay Says:

    The key word is “guidance”, which you repeated but failed to understand. Guidance is absolutely different from rounding up all the people of a particular race and puting them in prison camps for several years without any apparent cause.
    ——

    May be Roger The Brickster should read Michelle Malkin’s book, where she argued with very same way. According to her it perfectly alright to take racial profiling as “guidance” and put Japanese people into concentration camp, because FDR had reliable intelligence that some American Japanese were conspiring against America.

  80. Pralay Says:

    I’m not sure who’s Roger, but Real Estater has certainly been in PA for more than 5 years, as my previous house was in PA too.
    —–

    94303 – that’s just so wrong side of PA, sharing with EPA. Practically that’s transient PA zipcode.

  81. Pralay Says:

    I’m not sure who’s Roger
    —–

    BTW, Roger is investor hamster with a mega-project.

  82. Pralay Says:

    I also heard they pull your credit history when you try to enter Foothills Park.
    ————–

    To protect park from subprime and alt-a visitors?

  83. nomadic Says:

    Of course, Pralay. That’s because if you have an inferior loan, you arent a “Real Resident.”

  84. madhaus Says:

    Pot, kettle, rubber, glue, London, France.

    WTF?

  85. Is it a mini golf course, or is it the ultimate post modern San Jose house? [Burbed.com] Says:

    [...] check it out, you don’t need to move to Belmont to have granite everywhere – you can save a few hundred thousand and live in East San Jose to get the same [...]


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