Absentee owner says sell
Beds: 12 Baths: 13.5 Sq. Ft.: 11,850 $/Sq. Ft.: $674 Lot Size: 3.08 Acres Property Type: Detached Single Family Style: Tudor Stories: 3 View: Bay, Neighborhood Year Built: 1931 Community: Hillsborough Knolls County: San Mateo MLS#: 81000295 Source: MLSListings Status: Pending Without Release On Redfin: 19 days ABSENTEE OWNER SAYS SELL, gRAND ESTATE WITH 12BR/12BA PLUS 3 HALF BA’S, REMODELED, NEW MASTER BR WITH AIR CON, NEW APPLIANCES & FLOOR IN KITCHEN, SAUNA, VINEYARD, TENNIS COURT, NEW HOME THEATER, WHAT A DEAL! SELLER RESERVES RIGHT TO REJECT ANY OFFER.
Thanks to Burbed reader Herve for this find.
Unfortunately, I sat on this and now it is pending. My apologies for those who missed out on this opportunity. That said, this house just goes to show how Bay Area real estate is picking up. Look at how fast this house sold! If this isn’t a sure sign that real estate is picking up, I don’t know what is.
This Spring Bounce is going to be enormous. Prices are going to bounce so high that they’re going to reach the moon! You just wait!
That said, reading this listing creeps me out. Doesn’t it feel like the owner is a ghostly presence over this house?
February 5th, 2010 at 7:15 am
Realty must be the only occupation where you can earn 6 figures by hitting the caps lock key and saying “f*ck it”.
February 5th, 2010 at 8:25 am
Definitely not RBA. Sold in ’98 for $5M and in ten years it has not doubled, how pathetic.
February 5th, 2010 at 8:31 am
Quick sale? Amazing what a 36% price cut can do.
It was originally listed for sale last March.
February 5th, 2010 at 9:05 am
Unemployment rate went down and yet employers cut 20,000 more jobs? The gubment is using funny math, I tell ya.
February 5th, 2010 at 10:33 am
real estater math, alex.
real estater math.
February 5th, 2010 at 11:26 am
That’s because the official unemployment rate doesn’t count the under-employed and those who have given up looking for work.
Either that, or they’re making Soylent Green out of the unemployed now.
February 5th, 2010 at 11:40 am
nomadic, exactly. The university taught us that much when I was studying economics. Of course, our politicians are now more optimistic that the numbers suggest a recovery.
Meanwhile, Joe Blow and his family are hitting the homeless shelters and food lines.
February 5th, 2010 at 11:54 am
Explained in Calculated Rick blog
Also, it could be due to revisions in past numbers, as mentioned in CNN article:
February 5th, 2010 at 12:36 pm
Either that, or they’re making Soylent Green out of the unemployed now.
LMAO!!
Good one nomadic.
Maybe not such a bad idea if we put a ribbon around it and sell it as a health care cost reduction.