$400k house in San Jose – it’s practically a mansion!
In light of Sunday’s post on houses for $400,000 across the nation, this week Burbed is featuring a selection of Bay Area houses for the same price.
1522 SUNDOWN Ln, San Jose, CA 95127 | MLS# 80829694
1522 SUNDOWN Ln San Jose, CA 95127
Price: $400,000
Beds: 6
Baths: 2.5
Sq. Ft.: 1,040
$/Sq. Ft.: $385
Lot Size: 5,820 Sq. Ft.
Property Type: Detached Single Family
Stories: 2
View: Neighborhood
Year Built: 1957
Community: Alum Rock
County: Santa Clara
MLS#: 80829694
Source: MLSListings
Status: Active
On Redfin: 324 days
6 bedroom/2.5 bath home located on a large lot!
Hey now this isn’t bad! 6 bedrooms with 2.5 baths! Sure it’s constructed in such a way that the front entrance door looks like a port-a-potty from far away, but heck, this is basically a Bay Area mansion for just $400k!
With so many rooms, you can easily rent them out and make some money to help pay the rent.
But here’s the Friday shocker:
Yep. That’s right. Just a few short months ago this house was listing for under $400k! In fact, it was $300k. Now, with the recession over, the stimulus stimulating everything, the price has gone back up to $400k. Better buy it now before it becomes $500k next year!
July 17th, 2009 at 8:53 am
This thing would have to be a cash flow rental to make sense. Any family who moves to this neighborhood should be checked for a brain infection or a green card.
July 17th, 2009 at 10:24 am
It wouldn’t be so bad if it was on the other side of Capitol Expwy, or better yet, the other side of Lake Cunningham.
July 17th, 2009 at 10:30 am
What is wrong with the neighborhood?
July 17th, 2009 at 5:27 pm
Sure it’s constructed in such a way that the front entrance door looks like a port-a-potty from far away, but heck, this is basically a Bay Area mansion for just $400k!
BEST BURBED REMARK. EVER.
July 17th, 2009 at 10:44 pm
What’s wrong with the neighborhood? Nothing really, it’s just like living in East Oakland without actually living in East Oakland!!
July 18th, 2009 at 5:25 am
what is that thing that it backs onto? it doesn’t look like a road. is it a drainage canal? that would almost be as good as a lagoon!
July 18th, 2009 at 3:40 pm
Yes, drainage ditch or canal or flood run-off channel. Or mosquito breeding ground. On Google Maps it’s a blue line.
July 18th, 2009 at 4:47 pm
> Just a few short months ago this house [...] was $300k. Now [...] the price has gone back up to $400k.
This goes to prove that the market bottomed early this year. Real Estater was right all along!
July 18th, 2009 at 4:57 pm
And “another win to [his] consistent track record”.