If you like sewage, you’ll like this San Mateo house
Beds: 4 Baths: 2.5 Sq. Ft.: 2,480 $/Sq. Ft.: $363 Lot Size: 8,362 Sq. Ft. Property Type: Detached Single Family Stories: 1 Year Built: 1971 Community: Laurelwood County: San Mateo MLS#: 81011291 Source: MLSListings Status: Active On Redfin: 5 days Enter at your own risk. 1st floor is flooded with sewage. recommend wearing a mask before entering.
Thanks to Burbed reader Wendy for this find!
Wow what a great way to start the week! No wonder this is such an amazing deal… at just $363 per square foot, this would’ve been a mistake. But this is simply because of a bum pipe. How much could that possible cost to replace? And… then… just a little cleanup. I’m sure “flooded” is an exaggeration. I mean, how could that have possibly happened in a house this nice?
There’s a whole lot of instant equity waiting for you in this house. Just bring a mop and some bleach – boom! Watch that $ per square foot soar!
March 15th, 2010 at 8:57 am
Now THIS is true RBA spirit! The house is full of sh*t and they still price it at almost a million bucks. Never mind they bought it at the start of the bubble for $910k.
Bonus points for also having the true RBA spirit of home maintenance: sewer backs up into your house? Don’t clean up the mess, just sell it. No need to mitigate the damages, the owners still have their god-given right to (almost) appreciation.
March 15th, 2010 at 9:18 am
I fail to believe this. This is not happening. There is not someone selling a house FLOODED WITH SEWAGE FOR ALMOST A MILLION DOLLARS.
Is it *really* that bad outside the bay area? I mean, if I were to move to Portland, would my cats stop eating and die out of shame and depression?
I have a job interview for a position in Livermore tomorrow. The last place in the extended bay area where purchasing beats renting.
March 15th, 2010 at 9:32 am
Depending on your measure, ES, Portland is (gasp) better than here. In terms of “time saving,” Seattle is #1, followed by Portland and then San Francisco:
http://www.cnn.com/2010/LIVING/wayoflife/03/15/rs.top.time.saving.cities/index.html?eref=igoogle_cnn
Hehe – Austin comes in at a distant #15; barely ahead of Cleveland!
March 15th, 2010 at 9:44 am
Just think, a qualified first-time home buyer would get $8,000 to buy crap like this. What an incentive!
WTF are people thinking?
March 15th, 2010 at 11:09 am
To be fair, it looks like there have been recent sales in that neighborhood for $1M and over, so I guess if you can fix this sewage problem for $100K, you have purchased a comparable home for the neighborhood.
March 15th, 2010 at 11:33 am
ES, I was thinking along the same lines. Probably it wouldn’t even cost that much (100k) to fix the sewage problem.
But, look at it from the other angle – you are spending close to a million and still dealing with sh*t. How inspiring?
I guess this would make a perfect divorce settlement item between a multi-millionaire and his/her spouse.
March 15th, 2010 at 11:53 am
“Fix” this sewage problem? You guys are flippin nuts.
This is why wealthy people don’t “invest” in homes other than their own. The only people who “invest” in homes anymore are blue collar speculators like real estater and willowglenner.
March 15th, 2010 at 11:56 am
Just to further clarify the reason for the above (because evidently its not obvious) is that the structure and the land are a liability because they are uncontrollable, requires maintenance, and cannot be locked up.
March 15th, 2010 at 12:06 pm
The house is full of sh*t and they still price it at almost a million bucks.
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Our famous “helper” once said that in RBA the homeowners can become millionaires just by “simply by living in their houses”. This homeowner went one step farther. He became millionaire by living and sh*tting his house.
March 15th, 2010 at 12:10 pm
Sure, sure, you guys (ES & newbie) can be “fair” and look at comps, but I’m here to scorn anyone who won’t clean up their sh*tty house before selling it.
I remember someone posting on here a year or so ago about the sewer problems up the peninsula. I wouldn’t buy the place because a simple clean-up isn’t going to fix the root of the problem. It’s just going to happen again.
March 15th, 2010 at 3:44 pm
such debbie downers.
home owner shit doesn’t stink; it’s the finest vintage in the world!
all you angry renters don’t realize what a gold mine Bay Area shit is.
the raw sewage should -increase- the value of the house!
March 15th, 2010 at 5:21 pm
> if I were to move to Portland, would my cats stop eating and die out of shame and depression?
Yes.
March 15th, 2010 at 10:33 pm
Why no inside shots?
March 15th, 2010 at 10:36 pm
> Why no inside shots?
Because it also happens to be filled with filthy, intelligent, slutty redhead cuties and that would simply be inappropriate.
March 15th, 2010 at 10:42 pm
hey, if you go to Street View, the proud owner is standing in the doorway! which is shaped like a half-toilet bowl.
March 15th, 2010 at 10:45 pm
Herve, your inappropriate inside shots that fill intelligent gingerheads is hurting my parietal.
March 15th, 2010 at 10:57 pm
hey, if you go to Street View, the proud owner is standing in the doorway! which is shaped like a half-toilet bowl.
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Are you sure? I thought it looks alien just moved in from Roswell. I heard about foreigners, but never imagined that extra-terrestrial aliens are investing in RBA real estate too.
March 15th, 2010 at 10:57 pm
#2 – If I were to move into this house, my dog would gorge herself on poop. and burst with pride and joy.
March 15th, 2010 at 11:01 pm
Actually yes, it did occur to me that it looked like an ET. but I thought I was imagining things. Well, I suppose they aren’t making any more land on Neptune.
March 15th, 2010 at 11:05 pm
> Herve, your inappropriate inside shots that fill intelligent gingerheads is hurting my parietal.
My apologies.
This must sound sick, but I would really like to see inside shots! It would give me an idea of what I could get for a bit less than a million.
March 15th, 2010 at 11:13 pm
Let’s all come together this week-end so we can see how flooded she is.
March 15th, 2010 at 11:16 pm
> Let’s all come together this week-end so we can see how flooded she is.
Is this an open house?
March 15th, 2010 at 11:19 pm
as long as you wear a mask and a mop
March 15th, 2010 at 11:21 pm
> as long as you wear a mask and a mop
I’ve been to a party like that once. Was a lot of fun.
March 16th, 2010 at 8:40 am
Is the piggy tailed guy coming?
March 16th, 2010 at 8:42 am
oooh yeah – wouldn’t miss it for the world. I have a great mask I can wear.