March 19, 2009

A large, green, house in Redwood City

549 MACARTHUR Ave, Redwood City, CA 94063 | MLS# 80827908
549 MACARTHUR Ave Redwood City, CA 94063
Price: $479,500

2001870540-549
Beds: 2
Baths: 1
Sq. Ft.: 1,050
$/Sq. Ft.: $457
Lot Size: 5,000 Sq. Ft.
Property Type: Detached Single Family
Style: Ranch
Year Built: 1939
Stories: 1
View: Neighborhood
Neighborhood: Dumbarton
County: San Mateo
MLS#: 80827908
Source: MLSListings
Status: Active
On Redfin: 199 days
Unsold in 90 days
First time on the market in 35 years. Lots of pride of ownership. Reports forth coming. Shall be sold “As Is” in its present condition. Big home, with lots of room. Great for large family, income unit for help with mortgage payment. Great for first time buyers. Freshly painted inside 2 years ago. New cabinets, Corrian tile in kitchen, tile floors throughout. Remodeled 2 years ago by owner.

Everyone’s trying to live more “green” these days, and Redwood City has a unique twist.

This green house has not been on the market for 35 years – so just like a fine wine, this house has aged majestically with the tons of pride of ownership that has accrued. They should start having vintage years for houses.

At 1050 square feet, this house is “big” and great for a “large” family. You can also rent out part of it apparently to help pay the mortgage. Hey! You too can have the pride of ownership and the pride of being a landlord. Can you say “WIN WIN”?

Thanks to Burbed reader Herve for this find.

Comments (27) -- Posted by: burbed @ 5:44 am

27 Responses to “A large, green, house in Redwood City”

  1. Joe Says:

    “income (inlaw) unit for help with mortgage payment” – same thing.

    This place is in some serious need of a haircut, about 50% I would say.

  2. nomadic Says:

    The agent should be fired. Over six months on the market and not a single interior pic? I’m dying to see the “Corrian tile” in the kitchen!

  3. nomadic Says:

    a little humor for today… remember my dog? Well, this woman has something similar!

    http://my.earthlink.net/article/top?guid=20090318/49c07fd0_3421_1334520090318369325214

  4. Herve Says:

    217 days on the market and only one price reduction… Can you say denial?

  5. sonarrat Says:

    income (inlaw) unit for help with mortgage payment” – same thing.

    This place is in some serious need of a haircut, about 50% I would say.

    That would only bring it in line with comps. If they wanted to actually sell it, it would have to be lower.

  6. nomadic Says:

    RE, I found your bonus! Congrats.

    http://www.marketwatch.com/news/story/wal-mart-awards-2-billion-us/story.aspx?guid={F4F8D750-191C-4635-A602-734EA0FF711A}&dist=msr_1

    ;-)

  7. nomadic Says:

    shite, the link got messed up. Here’s the highlight:

    About 1 million of the company’s employees, who earn an average hourly rate of $10.83, received a bonus Thursday, Wal-Mart spokesman David Tovar said in an interview.

  8. Joe Says:

    Powerful images of the world recession:

    http://www.boston.com/bigpicture/2009/03/scenes_from_the_recession.html?ref=patrick.net

  9. Pralay Says:

    <iAbout 1 million of the company’s employees, who earn an average hourly rate of $10.83, received a bonus Thursday, Wal-Mart spokesman David Tovar said in an interview.
    ——–

    Hmmm. I know a guy who works at walmart.com (at San Bruno). They had bus service allover bay area to pickup employees from various Walmart store parking lots, as part of green-initiative. In February they stopped it as part of cost-cutting. Then they stopped coffee and tea too.

  10. nomadic Says:

    joe, that was a real buzzkill. thanks though.

  11. Ross Says:

    Notice in the comps that nothing has sold since mid-January. Should we call this the Spring Standoff?

  12. madhaus Says:

    Spring standoff, Spring dive, Spring dead cat bounce, Spring back… it all comes down to some Realtards not respecting reality instead of realty.

    Income potential? Where? Did they turn the garage into a bunkhouse?

  13. steve Says:

    spring bounce in los altos? let’s see

    155 W PORTOLA Ave Los Altos, CA 94022
    Price: $1,450,000
    Beds: 4
    Baths: 3
    Sq. Ft.: 2,627
    $/Sq. Ft.: $552
    Lot Size: 6,300 Sq. Ft.
    DOM: 5

    brand new home built in 2001

    Mar 11, 2009 Listed $1,450,000
    Nov 26, 2008 Off Redfin
    Oct 01, 2008 Price Changed
    Jul 22, 2004 Sold $1,460,000
    Jul 27, 2001 Sold $1,285,000

    440 SAN DOMINGO Way Los Altos, CA 94022
    Price: $2,595,000
    Beds: 4
    Baths: 3.5
    Sq. Ft.: 3,588
    $/Sq. Ft.: $723
    Lot Size: 9,583 Sq. Ft.
    DOM: 7

    “custom built by David Day, this beautifully maintained & spacious house is ideal for entertaining inside & out”

    Mar 09, 2009 Listed $2,595,000
    Jul 31, 2001 Sold $2,000,000

    245 MOUNT HAMILTON Ave Los Altos, CA 94022
    Price: $1,649,000
    Beds: 4
    Baths: 2.5
    Sq. Ft.: 2,324
    $/Sq. Ft.: $710
    Lot Size: 9,960 Sq. Ft.
    DOM: 49

    “Located in North Los Altos, this beautifully maintained home offers a formal living room/dining room…”

    Feb 23, 2009 Price Changed $1,649,000
    Jan 26, 2009 Listed $1,749,000
    Oct 28, 2005 Sold $1,600,000

    683 SHADY CREEK Ln Los Altos, CA 94024
    Price: $1,685,000
    Beds: 3
    Baths: 2
    Sq. Ft.: 2,110
    $/Sq. Ft.: $799
    Lot Size: 0.25 Acres
    DOM: 55

    “It has a “Carmel charm” appeal with use of wood floors, walls and ceilings, spacious, inviting rooms, gourmet kitchen, private lush yard with deck and spa.”

    Jan 20, 2009 Listed $1,685,000
    Oct 02, 2008 Listed
    Apr 03, 2001 Sold $1,750,000
    Jul 12, 2000 Sold $1,600,000

    731 ALVINA Ct Los Altos, CA 94024
    Price: $1,599,000
    Beds: 3
    Baths: 2
    Sq. Ft.: 2,277
    $/Sq. Ft.: $702
    Lot Size: 9,350 Sq. Ft.
    DOM: 235

    “Chef’s kitchen, spacious family room, rustic details, beamed ceilings with skylights, Andersen picture windows and doors”

    Dec 24, 2008 Price Changed $1,599,000
    Jul 24, 2008 Listed $1,799,000
    Jul 27, 2000 Sold $1,650,000

    919 LUNDY Ln Los Altos, CA 94024
    Price: $2,698,000
    Beds: 5
    Baths: 3.5
    Sq. Ft.: 3,729
    $/Sq. Ft.: $724
    Lot Size: 0.49 Acres
    DOM: 54

    “Spectacular Custom home with incredible details & fabulous layout.” (built in 2005)

    Feb 21, 2009 Price Changed $2,698,000
    Jun 10, 2008 Listed
    Mar 15, 2006 Sold $3,000,000

    all of these houses are in move-in condition, making them apples. if they sell for list, a big “if” given their DOM, they will lose their current owner many flat screen TVs.

    RE: have any state of the market data to share?

  14. madhaus Says:

    Meaningless anecdotal data, steve. All those houses are marginal properties because you called them out on this angry renter blog.

  15. Pralay Says:

    Meaningless anecdotal data, steve. All those houses are marginal properties because you called them out on this angry renter blog.
    ——

    Yes, only relevant properties are those which are sold. Wait for RealEstater to go thru list of sold homes and cherry-pick one or two which were sold over asking price.

  16. Herve Says:

    steve, check out this cubical house. I think RealEstater wrote the description:

    From the Oggetti Chandelier, the Dornbracht German fixtures, and the Ted Boerner custom dining table sculpted in Japan, the home is a delicious dessert. The different textures throughout will delight you. Textures such as the honed limestone, CeasarStone, XZYLO tile, metallic vessel bowls, and sea glass tile attract you at every turn. The Gourmet Kitchen, with it’s Wolf Range, large island with additional seating, CeasarStone counters, Wolf double ovens, breakfast area, Butler’s Station, and separate temperature controlled Wine Room w/cold storage will entice any Chef.

  17. steve Says:

    Herve, you know my taste. I’ve driven by it before and have been tempted to drag my agent out for a visit.

  18. madhaus Says:

    You can’t have it, steve. I’m going to pull out the money my house is making for me and pay all cash for that place. And by pull out I mean the hundred dollar bills that are clogging the dryer vent.

  19. DreamT Says:

    You’d think that for 9+ M they’d at least know the difference between its and it’s.

  20. sv_newbie Says:

    since we discussed ibm pumping money into bay area through sun acquisition, here is an article on the same – not very surprising

    http://blogs.barrons.com/techtraderdaily/2009/03/19/sun-micro-employees-be-afraid-be-very-afraid/

  21. Herve Says:

    > Herve, you know my taste.

    Yes, you said it before: $500 per sq ft :-)

    Check out the residential projects of Bohlin Cywinski Jackson

  22. Pralay Says:

    Sun Micro Employees, Be Afraid. Be Very Afraid.
    ————-

    I think our “pro” needs to go there are calm those guys down. Every M&A is different. Nothing to worry about.

  23. Herve Says:

    “In an age of spin, al-Sahaf offers feeling and authenticity. His message is consistent — unshakeable, in fact, no matter the evidence — but he commands daily attention by his on-the-spot, invective-rich variations on the theme. His lunatic counterfactual art is more appealing than the banal awfulness of the Reliable Sources. He is a Method actor in a production that will close in a couple of days. He stands superior to truth.”

    Now replace al-Sahaf with Chuckie and read again.

  24. RE is a Amazing Says:

    It never ceases to amaze me just how much garbage Real Estater can vomit on this blog every time he visits.

  25. anon Says:

    Herve, nice find on that site. I like this:

    This is a time in which belief is often overwhelmed by exponential change. Even in the most serious architectural circles, intellectual games and superficial dogma can take the place of affirmation, and the mediocrity and deadness of much of our environment continue to spread.

    Translation: This is a time in which the false assumption that real estate perpetually appreciates is no longer financed by the banks.

    Reality is slowly creeping into the real estate world.

    How sad.

  26. anon Says:

    Just to be clear, since I know that at least one person (excreter) won’t get it. Does everyone know what an ‘affirmation’ is?

    Here’s a definition:

    A declaration that something is true; an oath; A form of self-forced meditation or repetition; autosuggestion

    Here’s an example:

    Home prices never go down.

  27. Yet another Green house in Redwood City | SF Bay Area Home Price and Mortgage Insanity Blog - Burbed.com Says:

    […] That said, I think it is a bit of a toss up as to which one is better. I kind of like this one more: […]


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