January 27, 2010

Great quaint cottage in Los Gatos for just $595,000

Beds: 2
Baths: 1
Sq. Ft.: 847
$/Sq. Ft.: $702
Lot Size: 2,800 Sq. Ft.
Property Type: Detached Single Family
Style: Cottage/Bungalow
Stories: 1
Year Built: 1910
Community: Los Gatos/Monte Sereno
County: Santa Clara
MLS#: 80946584
Source: MLSListings
Status: Active This listing is for sale and the sellers are accepting offers.
On Redfin: 91 days
CHARMING QUAINT COTTAGE IN THE MOST DESIRABLE AREA IN LOS GATOS "GLEN RIDGE", LOS GATOS SCHOOLS, WALK TO DOWNTOWN LG. NICELY UPDATED HOME WITH: VIKING STAINLESS STEEL RANGE/OVEN/HOOD, STAINLESS STEEL FRIDG & DISHWASHER. NEW DOUBLE PANED WINDOWS THROUGHOUT. FULLY LANDSCAPPED FRONT & BACK. 120 SQ. FT. ARTIST STUDIO/OFFICE INCL IN SQ. FT. TOTAL PRIVACY. ..

It’s like living in a storybook… a fairy tale… but in Los Gatos!

You kids would love this house. Sure it might be 847 square feet, but they’ll love the gingerbread house feel to it. And when it’s time to get away from the kids, you can go over to the 120 sqft artist studio. Oh… wait… that was included in the original square feet.

So… uh… yeah… this 727 sqft house will be rather cozy. But just think of the fact that you can spend all your time with your kids, instead of spending it cleaning a big McMansion. And, it’s even got double paned windows! Woohoo!

Finally, you’ll be able to reduce your carbon footprint. With just 2800 sqft, this lot will require virtually no maintenance.

Yep, this house is definitely perfect for a family focused family.

Comments (29) -- Posted by: burbed @ 5:57 am

29 Responses to “Great quaint cottage in Los Gatos for just $595,000”

  1. nomadic Says:

    Originally listed for $749,950. HILARIOUS!

    Sure, it’s better in some ways than a comparably priced condo, but the condo would be 25-50% more spacious.

  2. Herve Estater Says:

    You missed the best part: the asking price was $749,950 back in September… Instant equity!

    By the way, panhandling is now banned in Los Gatos.

  3. nomadic Says:

    echo?

    March is going to be interesting. The Fed is going to stop buying MBS.

    http://www.businessweek.com/news/2010-01-27/fed-may-take-chance-end-to-debt-purchases-won-t-hurt-housing.html

  4. ES Says:

    When you put the address into Google Maps, it finds real estate at that address for $398K. A link takes you to “the Foreclosure Store,” but you have to register for $1 for the first month to see it, then I’m sure $10/ month after that while being impossible to cancel. And I’m relatively certain adding/ building in Los Gatos is next to impossible.

  5. Joe Says:

    727 sqft cottage = dog house

  6. kareninca Says:

    the house itself is okay, if tiny and overpriced. but the fence around it looks like it contains a state park restroom.

  7. nomadic Says:

    karen, you nailed the description.

  8. Mike408 Says:

    Los Gatos schools though. Think of it as buying a right to Daves, Fisher, LG High.
    This is the 95030. You are buying a lifestyle. Seriously, your family would have one of a smallest homes/lots in district.

  9. Alex Says:

    $600K for this shithole? Nice.

  10. anon Says:

    Mike in 847sqft where are you going to fit your kids?

    Perhaps a tent in the yard would be nice. That should get them used to the type of environment that they will have to deal with when they are adults.

  11. Jojo Says:

    Bye RBA…. Hello Texas

    http://www.mint.com/blog/trends/mint-map-moving-for-money/

  12. Herve Estater Says:

    > Bye RBA…. Hello Texas

    Ultimately everyone will have deserted California. Only bob will stay.

  13. DreamT Says:

    bob and his landlord

  14. Herve Estater Says:

    > bob and his landlord

    RE?

  15. steve Says:

    herve, classic!

    jojo, according to the pretty picture less than 1/3 of movers nationally have a college eduction and fewer than 15% have (or had) annual incomes exceeding 75K.

  16. mike Says:

    http://www.washingtonpost.com/wp-dyn/content/article/2010/01/26/AR2010012604115.html?source=patrick.net
    >> “In California, Florida, in the ground-zero zones,
    >> it could take 15 years to fully recover,” said
    >> Lawrence Yun, chief economist for the National
    >> Association of Realtors.

    OMG. Lawrence Yun the NAR shill said something negative about real estate!

  17. anon Says:

    That’s not negative, Mike – that means that home prices are going to go back up!

    Ergo buy now.

  18. anon Says:

    In all seriousness, nice find, Mike.

    Here’s a good quote: “To achieve a healthy recovery, the housing market would need to avoid the quick run-up in prices experienced during the housing boom, economists said. If home prices rise significantly faster than inflation, it could lead to another housing bubble, they said.”

    Are you listening, real estater, you slime?

    Houses don’t appreciate faster than inflation except in a bubble.

  19. nomadic Says:

    anon, have you learned nothing here? It’s special here! They’re talking about those godforsaken places that should never have had houses built. Like Manteca, Elk Grove and (gasp) even Livermore.

    The RBA is close to jobs. Those “realities” don’t apply here.

    :-)

  20. Real Estater Says:

    Why would anyone pay a premium to live in Los Gatos when they can be in Saratoga, and be closer to everything?

  21. nomadic Says:

    Saratoga’s a ghost town in comparison. Better for old people. Beats the flat lands of the peninsula though.

  22. Real Estater Says:

    Don’t get me wrong. I like Los Gatos; I just don’t like where’s it’s located. If you live there your employment and even entertainment options are limited.

  23. SiO2 Says:

    #22 –
    LG downtown has all sorts of restaurants. Reasonably close to SJ for Sharks games and shows. Close to mountains, parks, bike trail, etc. Houses tend to have bigger lots than PA, and no Eichlers!

    LG downtown is definitely livelier than Saratoga downtown. And if you are going up the peninsula, driving an extra 5 minutes on 85 doesn’t really matter. (more time during commute of course).

    A longer commute to most employment than PA for sure, but it’s also cheaper. And it’s farther away from EPA for what that’s worth.
    so, both have their ups and downs. I can see why someone would pick one over the other.

  24. DreamT Says:

    “And it’s farther away from EPA for what that’s worth.”

    I’d have put that one bold, square and center.

  25. Mike408 Says:

    Los Gatos is close enough to the companies along N1st, montague, tasman, zanker.
    There are plenty of people who commute up the sunol grade or come from over the hill.
    Los Gatos borders saratoga, monte sereno, campbell, cambrian.
    It is insulated from less desirable cities and neighborhoods.

  26. And The Top Redfin Blogger For January Is… | Redfin Corporate Blog Says:

    [...] Last November we added trackbacks to the site so that any time a blogger links to Redfin we link back. This means that home-buyers browsing Redfin can quickly see what bloggers are saying about a home giving them even more info about the home, its neighborhood or history. Here’s an example of a listing in Los Gatos which links back to Burbed.com who recently blogged about the listing. [...]

  27. Petsmart Groomer Says:

    Are the latrine flippers back?

    Oct 19, 2010 Pending
    Oct 07, 2010 Relisted
    Sep 29, 2010 Pending
    Sep 16, 2010 Price Changed $579,950
    Aug 26, 2010 Price Changed $599,950
    Aug 11, 2010 Price Changed $639,950
    Jul 16, 2010 Listed $669,950
    Jun 10, 2010 Sold (Public Records) $434,900

  28. anon Says:

    Aren’t all flippers latrine flippers?

  29. nomadic Says:

    What a fantastic idea: buy a foreclosure that the fb’s couldn’t unload in a short sale when it was listed for $595k, then immediately put it back on the market for $670k.

    The listing appears to be flat out lying about the “major remodel” being completed in July – just 4-5 weeks after it was purchased. Then again, I guess you could repaint a wall and call that the finishing touch.

    Oh well – it’s pending now.


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