September 30, 2009

Affordable house in Palo Alto for a student

2216 AMHERST St, Palo Alto, CA 94306 | MLS# 80942010
2216 AMHERST St Palo Alto, CA 94306
Price: $885,000

2216
Beds: 1
Baths: 1
Sq. Ft.: 684
$/Sq. Ft.: $1,294
Lot Size: 4,680 Sq. Ft.
Property Type: Detached Single Family
Style: Cottage/Bungalow
Stories: Bi/Split Level
View: Neighborhood
Year Built: 1934
Community: College
County: Santa Clara
MLS#: 80942010
Source: MLSListings
Status: Active
On Redfin: 6 days
Redwood and oak cottage style hideaway. Redwood walls and cabinets and ceilings. Oak floors. Charming house and location. This oldie but goodie is a delight to see. Bring imagination and remodeling ideas for the kitchen. Good roof and updated bathroom. Friendly neighborhood with lots of trees near Stanford, shopping, etc.

$885,000. Yep, Palo Alto is now affordable.

At 684 sqft, this house is perfect for a student who has just moved here from China, with bags full of money. Nothing says “Americana” quite like this house – and let’s face it, it certainly does have a rustic charm to it.

At $1294 per square foot, you can brag about this to all your classmates – “Did you know that each square foot of my house is equivalent to 2 contract free iPhones?” Booyah that’ll score the ladies.

And, it’s easy to clean.

So buy it today for your soon-to-be Stanford student. It’s a better investment than a dorm, which is throwing money away. And, besides, if you don’t buy it soon, someone will.

[Thanks to Burbed reader Herve who also found this.]

Comments (21) -- Posted by: burbed @ 5:54 am

21 Responses to “Affordable house in Palo Alto for a student”

  1. bob Says:

    It looks like one those kit cabins you get at Home Depot to store lawn mowers and rakes in.

  2. nomadic Says:

    LOL, good one bob!

    Redwood walls and cabinets and ceilings. Oak floors.

    It’s like living in a tree!

    Bring imagination and remodeling ideas for the kitchen.

    In addition to bags of money, I have to bring my imagination too? For $1,294/sf you have to be brain-dead.

  3. Pralay Says:

    Wow! Jack London’s cabin right here in Palo Alto.

  4. anon Says:

    “It looks like one those kit cabins you get at Home Depot to store lawn mowers and rakes in.”

    Sounds like someone’s got a bad case of angry renter syndrome!!!! :)

  5. ES Says:

    So my buddy and I are betting on the sale of this house. I say it will sell above 675 and he says below. How do we check the final sale price? It’s Palo Alto. It may even sell for a higher price than this.

  6. nomadic Says:

    Check Redfin about a month after it goes off the market. Just bookmark it and keep checking back.

  7. BuyersAreIdiots Says:

    I think my parent’s shed back in Michigan is bigger than that place! :P

  8. cardinal2007 Says:

    I’m surprised Burbed didn’t mention it, but this house is also walking distance to Facebook, you can even make money by charging for parking.

    Seriously I don’t think it would sell for that much, the lot is rather small, usually the houses that sell for a lot per square foot have lots above 6000sqft.

  9. steve Says:

    let’s look at the competition

    1385 COLLEGE Ave
    Palo Alto, CA 94306
    Price: $900,000
    http://www.redfin.com/CA/Palo-Alto/1385-College-Ave-94306/home/2123002

    2 / 1.5 / 3049 lot
    * * LAST PRICE REDUCTION- * *
    Aug 12, 2005 Sold $950,000

    2250 BOWDOIN St
    Palo Alto, CA 94306
    Price: $775,000
    http://www.redfin.com/CA/Palo-Alto/2250-Bowdoin-St-94306/home/1523186

    2 / 1 / 3750 lot
    Charming home nestled in desirable upper college terrace
    Nov 24, 2004 Sold $731,000

    and the recent comps

    2326 Hanover St
    Palo Alto, CA 94306
    LAST SALE: $900,000 (02/10/2009)
    BEDS: 2
    BATHS: 1
    SQ.FT.: 870
    YEAR BUILT: 1928

    2360 Harvard St
    Palo Alto, CA 94306
    LAST SALE: $892,000 (03/02/2009)
    BEDS: 2
    BATHS: 1
    SQ.FT.: 1,091
    YEAR BUILT: 1949

    I say this one closes at 850 but I don’t have any strong feelings. Clearly this is a scrape with an eye towards a sale like this:

    2100 Amherst St
    Palo Alto, CA 94306
    Sold For: $2,135,000 (12/03/2008)

    Amherst is a nice street.

  10. Herve Estater Says:

    Can we talk about cars instead? :-)

  11. Pralay Says:

    Can we talk about cars instead?
    —-

    Only if the car can deliver “aircraft quality feel”.

  12. Herve Estater Says:

    > Amherst is a nice street.

    Too bad it isn’t safe.

    Now can we please talk about cars?

  13. Herve Estater Says:

    Suicide, robbery and now homicide. What’s happening to Palo Alto?

  14. nomadic Says:

    Can we talk about cars instead?
    —-

    Only if the car can deliver “aircraft quality feel”.

    Well, my car was “born from planes” or some such nonsense.

  15. nomadic Says:

    I’m gonna trade it in for my new car:

    http://tiny.cc/aw7DK

  16. Herve Estater Says:

    Reduced to $799K.

  17. anon Says:

    The 9s show their greed.

  18. Pralay Says:

    Here one more with SIX 9s. Price history is more interesting.

  19. anon Says:

    Priced right no doubt.

    I wonder why they didn’t add the 99 cents? Every penny counts in this economy when you’re a broke homeowner.

  20. Pralay Says:

    Anon,
    You are full of negativity. It’s important for you to take a step back and assess the situation from a neutral perspective. In last six months this owner made lot of money in stock market run-up. That’s why he does not need that 99 cents anymore.

  21. A great house for practicing the piano in Palo Alto | Burbed.com Says:

    [...] Affordable house in Palo Alto for a student [...]


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