December 4, 2009

Affordable house near SJ Country Club Golf Course

5530 ALUM ROCK Ave, San Jose, CA 95127 | MLS# 80945416
$399,777
5530 ALUM ROCK Ave San Jose, CA 95127

5530
Beds: 3
Baths: 2
Sq. Ft.: 1,280
$/Sq. Ft.: $312
Lot Size: 9,375 Sq. Ft.
Property Type: Detached Single Family
Style: Cottage/Bungalow
Stories: 1
View: Green Belt, Mountains, Golf Course
Year Built: 1946
Community: Alum Rock
County: Santa Clara
MLS#: 80945416
Source: MLSListings
Status: Active This listing is for sale and the sellers are accepting offers.
On Redfin: 54 days
Across from SJ Country Club Golf Course! 2nd house on R after Ridgeview. New comp shingle roof, new forced air furnace, new granite tile in baths and some tile floors. Kitchen cabs & sink unfinished; 2nd (new) bath is unfinished, interior retexture done but wall paint needed. Pool is empty, BIG, & deep; watch your step! NO kids allowed! Tenant has loads of junk. Make As-is offer with quick close.

Thanks to Burbed reader sonarrat for this found.

New roof! New forced air furnace! New granit tiles in baths!

Wow… there’s so much new! And so much that’s… not. But, hey it’s affordable.

Let’s take a look at some of other pics of this affordable country club house:

5530a

Yeah… here’s a tip, avoid the coffee.

Hey aren’t they filming a Saw #23 this year? This might be the perfect location! Buy it today, rent it back out for movie shoots! Cha-ching! Yet another great investment opportunity in the Bay Area. Or affordable housing.

(Do you see any of that new stuff anywhere?)

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Comments (30) -- Posted by: burbed @ 5:02 am

30 Responses to “Affordable house near SJ Country Club Golf Course”

  1. Real Estater Says:

    Good news! Jobs are coming. and the stock market is delighted.

    “Strong, strong, strong,” said Carl Riccadonna, senior U.S. economist at Deutsche Bank. “We’ve still got a long way to go, but the good news in this report provides important positive momentum.”

  2. CB Says:

    To the Realtard’s benefit, it does look like an easy pitching wedge to the green.

  3. Herve Estater Says:

    On Redfin: The seller has requested that all public comments be removed from this listing. Per MLS rules, we are not allowed to link to blog posts about this home.

    I guess the seller/realtor is a burbed reader :-)

  4. Pralay Says:

    Jobs are coming.
    —-

    Nothing could be farther from above statement. The truth is that, as the article says, “159,000 fewer jobs were lost in September and October “. Losing less jobs does not mean jobs are coming.

  5. cardinal2007 Says:

    Unemployment is down (10.2% to 10%), but the total non-farm payrolls fell by 11,000. That means that we had an increase in the number of discouraged workers. If the trend continues though we will soon have a local minima in the number of jobs, so it might increase soon. Hopefully these numbers don’t count temporary jobs, like working retail for the Christmas season, or working temporarily for a ski resort.

    I’m not sure why you think “stock market is delighted”, it looks to be up less than .1%.

  6. Joe Says:

    This place sold for $775 back in 2006…no really, it did.

  7. Pralay Says:

    This place sold for $775 back in 2006…no really, it did.
    —–

    That’s because in 2006 some realtor brainwashed a guy saying “having a house in San Jose beats renting in Palo Alto any day“. So the guy exactly did that – he went to San Jose and bought this property.

  8. SmilingCat Says:

    “Unempleo” is down because people like me don’t show up.

    Buy this POS no-down, set up your meth lab, brew brew brew, blow it up (after you leave with the good stuff, dummy) and move on.

  9. nomadic Says:

    Zillow says it’s worth $616,000! Instant equity, baby!

  10. BuyersAreIdiots Says:

    Alum Rock. Isn’t that the Bay Area equivalent of downtown Detroit? :-)

  11. SmilingCat Says:

    I think they chose “Alum Rock” because “Crack Rock” would be too obvious.

  12. Herve Estater Says:

    bob, I thought you rented in Alameda?

  13. Real Estater Says:

    Burbed,

    You gotta feature this house:

    http://www.movoto.com/real-estate/homes-for-sale/CA/Fremont/4735-Ridpath-St-12_40436608.htm

    It’s not only “diamond in the rough”, it’s “diamond in the sky”.

  14. nomadic Says:

    dude, that is the “fort outside with electricity”

    Nice short sale (under contract) – looks like the bank will lose 50% on that deal.

    http://www.redfin.com/CA/Fremont/4735-Ridpath-St-94538/home/1124451

  15. sonarrat Says:

    omg RE, that is absolutely hilarious. The funniest listing I’ve seen in a long time.

  16. Herve Estater Says:

    I don’t know, it looks awfully spacious inside.

  17. Real Estater Says:

    Guys,

    On the average homes in Santa Clara are now selling above asking:

    http://www.julianalee.com/reinfo/sold-SC.htm

    Recovery is all but confirmed.

  18. Pralay Says:

    Recovery is all but confirmed.
    —–

    Nothing new! Heard it many times.

    Any new news?

  19. Real Estater Says:

    Here’s what’s new news. San Jose Mercury article says:

    Now’s really the time to buy a home

    “People will be telling their children and grandchildren that in 2009 they got a rate below 5 percent on a 30-year mortgage.”
    Here’s what’s behind what some say is a “once-in-a-lifetime” opportunity:
    - Mortgage rates sank to 4.71 percent on average for a 30-year-fixed rate loan at the beginning of this week and remain below 5 percent.
    - Home prices are still low, down nearly a third from the peaks, though demand is strong and the typical homebuyer faces competition from investors willing to pay cash, real estate agents say.
    - The federal government is offering tax credits of up to $8,000 for first-time homebuyers and $6,500 for move-up buyers through April.

    The lure of low rates has kept valley real estate and mortgage brokers busy during a traditionally slow time of year for home buying.

    Sue Baker-Dirickson with Princeton Capital said she’s seen “phenomenal activity,” with 13 homebuyers closing deals this month through her office at Coldwell Banker in Cupertino. “They’re going to get great rates,” she said.
    The lower rates mean some buyers can afford larger loans, said Quincy Virgilio, president of the Santa Clara County Association of Home Buyers.

  20. anon Says:

    Wow 13 suckers just pissed away downpayments? Well if that ain’t recovery…

    Re you fool.

  21. Real Estater Says:

    Everything being reported now is what I wrote a couple of weeks ago. I said real estate offices were very busy on the weekends, and I was having trouble booking time with my realtor. I also said tons of people were making offers.

    Remember Pralay’s skeptical responses? Now you know. RE told the truth, in real time. What I report here is what you’ll read about in the newspaper down the road.

  22. Pralay Says:

    Here’s what’s new news. San Jose Mercury article says:

    Now’s really the time to buy a home
    —-

    Oh, RealEstater! We hard that too. Nothing new. Remember your “on-going party“?

    Or all your continuous right time to buy craps.

  23. anon Says:

    13 deals and you think its “very busy,” huh?

    Boy it must be a great time to be a realtor. or an idiot.

  24. Pralay Says:

    What I report here is what you’ll read about in the newspaper down the road.
    —-

    Yes, RealEstater is always right. Confirmed by couple of Realtards and mortgage brokers – the most reliable sources (just like RealEstater). :)

  25. Pralay Says:

    13 deals and you think its “very busy,” huh?
    —–

    I can guess their “very busy”-ness by just looking at my front door. I am not sure how many deals they are closing, but they are definitely “very busy” dumping their flyers in our frontdoors.

    I don’t remember them dumping flyers in their good “real busy” time between 2003 to 2007.

  26. nomadic Says:

    It’s interesting that when rates are rising a little, the mortgage brokers will leave you alone. None of that “refi now or be priced out forever” type of hype. When rates come back down they will step up their marketing efforts.

    Why does it surprise me they are logical?

  27. Real Estater Says:

    Pralay is left trying to defend the indefensible now. The tide has turned. Dow went from 6500 to above 10,000. Bay Area house market has been in an uptrend since the lows of Q1. The recession is all but over with GDP and job pictures improving. Now with interest rate down, home buyers are back with overbidding being common again. Meanwhile, Pralay has lost every opportunity, and keeps on hoping the blip on the radar from last October will resurface.

  28. Pralay Says:

    Now with interest rate down, home buyers are back with overbidding being common again.
    —–

    As mentioned already, we all know the meaning of “common” in RealEstater’s dictionary. This time it is not different. 9 out of 53 sale in Santa Clara is “common”. :)

  29. Pralay Says:

    Bay Area house market has been in an uptrend since the lows of Q1.
    —–

    Bay Area? I thought RealEstater hates useless aggregate data.

  30. Pralay Says:

    The recession is all but over with GDP and job pictures improving.
    —-

    What recession? There is no recession here. We were all clear for take-off in September 2008. We are flying high since then.


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