July 23, 2009

Affordable housing in Woodside – this house is cheap!

633 Southdale Way, Woodside, CA 94062 – Zillow
633 Southdale Way Woodside CA 94062

For Sale: $695,000

633

3 beds, 1.0 baths, 1,140 sq ft
Seller Facts:

* 3 beds
* 1.0 bath
* 1,140 sqft
* Lot 37,897 sqft
* Built in 1937

Knoll top setting in Emerald Hills area of Woodside. House is in very poor condition and needs lots of work before it can be used. Do not enter property without appt.

Thanks to Burbed reader Herve for this find. It’s Herve week!

I always get confused – is Emerald Hills in Redwood City or is it in Woodside? Most online maps say Redwood City.

It’s a big difference! If this is indeed in Woodside, then the affordable housing problem is solved. Just look at this deal!

If this house is in Redwood City, then… uh… maybe not. It’s still a pretty good deal and its consistent in condition with many other houses in the city.

Any area experts what to help clarify the territory?

Comments (20) -- Posted by: burbed @ 5:49 am

20 Responses to “Affordable housing in Woodside – this house is cheap!”

  1. nomadic Says:

    The “zestimate” is $1.2M? This is a STEAL!

    …its consistent in condition with many other houses in the city.

    Ain’t that the truth! Too bad people are living in the other houses.

  2. BuyersAreIdiots Says:

    LOL

    Nice! Who is the owner? Ted Kaczynski??

  3. SanMatean Says:

    A significant area of Woodside lies East of 280, however, this area does not feed into the Woodside Elementary School district. Rather, these homes are served by Redwood City elementaries. This may explain the pricing discrepancy between East and West Woodside. None of this matters if you have the $30K/yr to send your kid to Woodside Priory, but none of the other parents will let their kids play at your house!

    Here’s an unofficial map of Woodside:
    http://www.arjanihomes.com/templates/uploaded_files/maps/new_Woodside_City.jpg

    Emerald Hills refers to the Emerald Lakes in the Redwood city foothills. There is a chunk of land North of Farm Hill near the Emerald Lakes that is technically Woodside, but is lumped into the “Emerald Hills” neighborhood of RWC.

  4. sfbubblebuyer Says:

    I went and physically walked this property. Saw a couple of deer. (A doe and her fawn.) The house is plastered with no trespassing signs and looks like a mosquito fart would knock it down. I expected shotgun barrels to emerge from a broken window at any second. The driveway up to the house is steep and virtually non-existent.

    700k is a lot for a just a lot, but at least it’s a big lot, even if the usable part is more like 15k sq feet.

  5. SanMatean Says:

    Here is a link to a PDF documenting elementary school district boundaries and city borders on the peninsula from the San Mateo County education website:

    http://www.smcoe.k12.ca.us/Projects/8/County_Map_Elem_SD.pdf

    As you can see, the Woodside Elementary boundaries are quite bizarre.

    It appears that 633 Southdale Way may be located in the Woodside school district after all! Of course, any interested party should give the school district a call to confirm.

  6. steve Says:

    omg, I found RE’s twin (unwarrantedinlaw) commenting at socketsite:

    I understand you fellows’ mentality, been there myself. SF is the best RE in the world. You perform complex calculations to convince yourself that prices surely must come down to where you can buy. But it’ll never happen unless you put your coffee down, get to work, make some money, study the market – not the graphs – and start acting like a man. Uninformed pessimism never works. Hoping for someone else’s misfortune never works.

    In the same thread he even referenced the foreign buyer bailout theory and instructed readers to get out on the street. btw, pralay, been to any open houses? I have and they are running out of flyers.

  7. Pralay Says:

    I have and they are running out of flyers.
    —-

    Restriction in photocopy as an attempt to lower the expense?

  8. Pralay Says:

    omg, I found RE’s twin (unwarrantedinlaw) commenting at socketsite:
    —-

    LOL! He even coined the term ‘Real SF’

    Yes, you see that steeply falling price trend line? Well, that may apply to SF as a whole but every individual neighborhood in SF, especially Real SF, has seen peak prices remain and they have “hardly been affected.” It is a “powerful” miracle of SF mathematics.

    Miracle of SF mathematics!!!

  9. BuyersAreIdiots Says:

    But it’ll never happen unless you put your coffee down, get to work, make some money, study the market – not the graphs – and start acting like a man.

    LMAO!!

    Ok then. So stop using logic and math based rationalizations and just understand the “market”. Um, isn’t one of the cruxes for understanding a market best acheived by USING things like graphs, charts, P/E calculations, etc.?

    Was this the same type of asshole that said we should ignore the charts and stock fundamentals of various dot coms and just ‘understand the market’ and the ‘new economy’?

    Um, I’ll stick to the math, thank you very much. ;-)

  10. BuyersAreIdiots Says:

    #8

    Real SF!! I love it! A subset of RBA! Now all we need is an RNY (Real New York) guy and we’d have all the stooges on one message board! ;-)

  11. nomadic Says:

    But it’ll never happen unless you put your coffee down

    Okay, I don’t drink coffee. So “it” (meaning prices will come down) is certain to happen, right? The dude doesn’t even make sense when he puts two sentences together.

  12. Early bird Says:

    OMG!

  13. Early bird Says:

    > The dude doesn’t even make sense when he puts two sentences together.

    Stop complaining and start acting like a real man. Real men don’t use words like “sunbathing;-)

  14. sonarrat Says:

    #4, the deer alone would sell me on the property if they’d only knock a zero off the end. I don’t have kids, so I’m not going to be putting a load on their school system!

  15. nomadic Says:

    Early bird – I’m flattered to have a stalker. :-P

    Or did my comment today strike a nerve?

  16. DreamT Says:

    Looks like Early bird has issues with ponytails

  17. nomadic Says:

    BTW, I was going to ask this morning (re article in #12) – does an increase in sales count as a “bottom” when prices are still down?

    The nationwide median sales price was $181,800 in June, down 15 percent from year-ago levels

  18. lebowski Says:

    I would like to purchase my first home, however, I am completely unwilling to put down my coffee.

  19. anon Says:

    well said.

  20. Pralay Says:

    does an increase in sales count as a “bottom” when prices are still down?

    In addition, the article does not say that Y-to-Y sale volume is flat. In WSJ:

    Previously owned home sales, year-over-year, were down 0.2% from the pace in June 2008, Thursday report said.


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