A scary house in San Carlos
Beds: 3 Baths: 2 Sq. Ft.: 1,370 $/Sq. Ft.: $576 Lot Size: - Property Type: Detached, Single-Family Home Style: Ranch View: City Lights Year Built: 1926 Community: San Carlos County: San Mateo MLS#: 364716 Source: San Francisco MLS Status: Active On Redfin: 115 days
Thanks to Burbed reader Alex for this find.
If this is a nice house in a nice area of San Carlos… then… what’s a bad house in a bad area of San Carlos?
Just kidding. This house is supposed to invoke memories of Halloween and the candy that accompanies it. That’s right, this house is so sweet, you won’t need to see it in the daylight – or to see the interior. You just know it’s going to be great!
Yep. This house is full of win!
May 5th, 2010 at 7:54 am
Obviously the market is picking up and our hard working real estate professionals are busy from morning to night. There are only so many hours in the day.
May 5th, 2010 at 8:43 am
How nice – another nice short sale. Full of win for the owners full of hope the banks will let them off the hook.
May 5th, 2010 at 8:48 am
this has to be blatantly offensive to the loan owners. Not only have they totally F’ed themselves and somehow are in a short sale situation, the realtard can’t even be bothered to show up during the hours of 6 am and 8 pm (approx sunrise and sunset) and take a lit photo. How’s that ‘morican dream workin for ya? Just look how Obama has ruined our country. (From now on, I’m ending all my comments on all blogs I read with “look how Obama ruined our country.” Seems all the rage)
May 5th, 2010 at 8:49 am
Bought for $863K in April 2007, listed for $949K in Jan 2010 and priced changed to $789K lat month… Sweet!
May 5th, 2010 at 8:58 am
Yep, and all of the comps appear to be closer to $720k. This place backs up to the businesses on El Camino. Stellar location! Um, I mean nice location!
May 5th, 2010 at 9:10 am
Is that a redhead in the window?
Another home located in the “former RBA.” Too bad the ‘owner’ didn’t buy in the current RBA–that’s where the money is at.
May 5th, 2010 at 11:09 am
This place was also on Burbed in March.
http://www.burbed.com/2010/03/03/come-see-this-san-carlos-house-in-the-dark/
May 5th, 2010 at 11:13 am
It got scarier since then
May 5th, 2010 at 11:51 am
on street view it’s a cute house on a nice enough street.
but it backs up to some big store with a big parking lot, and the store itself is on El Camino
May 5th, 2010 at 8:17 pm
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May 5th, 2010 at 8:39 pm
hmmm. I thought this was runaway spam until I noticed that “ss” has posted here occasionally in the past. What a bizarre, ultra-specialized site you found.
May 5th, 2010 at 9:16 pm
Two months and two days ago (3/3 rather than 5/5) when this house was “mysterious” rather than “scary,” nomadic said:
Great call, nomadic! Are you telling me the Zestimate’s only gone done $5K in two months? And check out that Cyberhomes estimate! $653k! Meanwhile, if only they’d sold it in September ’08, when the Zestimate peaked at a whopping $1.04M! I bet this house wandered over to Atherton!
But, did anyone notice this place sold for *cough cough* $863k in April ’07? No wonder they tried to list it for $949k in less than three years! If RBA property doubles in 10 years, than it should have been worth $1,063K! Definitely no longer in the RBA, as if it ever had been. It wasn’t in the RBA in 2007! I can prove this with actual math, just to make SEA happy!
Sale price in 1989 = $323,500
Sale price in 2007 = $863,000
Annual growth between sales =
Newer Sale/Older Sale ^ (1/# years) – 1 =
(863/323.5)^(1/(2007-1989) – 1 = 5.6%
I’m sorry, but any house that didn’t quadruple in value in almost twenty years was never in the RBA.
Just for fun, the “annual growth” in value for this house, at the listing price, is -2.94%.
May 5th, 2010 at 9:45 pm
lol, nice attempt at showing your math prowess, madhaus, but I’m sure I’m not the only one who noticed that Redfin serves up that 5.6% without the need for a calculator.
As for,
But, did anyone notice this place sold for *cough cough* $863k in April ‘07?
Why yes! I did notice! It was in that lovely quote of mine you pulled from March.
May 5th, 2010 at 9:46 pm
So, after all of that fun, how morose do you suppose the realtor is now that he’s got to deal with a bank for a short sale? Certainly she’s unhappy enough not to go back for a daytime photo.
May 5th, 2010 at 10:09 pm
Fancy geometric functions… I’d hate to have to begin to try to explain that to Real Estater.
“I’m sorry, but any house that didn’t quadruple in value in almost twenty years was never in the RBA.”
Roughly speaking, it takes a return of 7.2% to double every 10 years.
May 6th, 2010 at 4:07 pm
lol, nice attempt at showing your math prowess, madhaus, but I’m sure I’m not the only one who noticed that Redfin serves up that 5.6% without the need for a calculator.
Well sure, nomadic, I could have copied it from there, but then everyone but SEA would no idea why that was the right answer.
Why yes! I did notice! It was in that lovely quote of mine you pulled from March.
TL;DR
Fancy geometric functions… I’d hate to have to begin to try to explain that to Real Estater. “I’m sorry, but any house that didn’t quadruple in value in almost twenty years was never in the RBA.”
If RE can’t get that 2 x 2 = 4, you think explaining the reciprocal exponent will make sense?
Nah, for RE I’ll have to write another RE reader. Guess it can start like this:
May 6th, 2010 at 11:33 pm
madhouse,
you wanna be upside-down with Dick? LOL
May 6th, 2010 at 11:38 pm
Alex, if I understood the poem, she’s sore from dicking around while bare.
May 6th, 2010 at 11:47 pm
Must be Jersey sore.
May 7th, 2010 at 9:21 pm
Ya, I bet she got sore from dickin around :p
May 7th, 2010 at 10:22 pm
No sandwich for you, Alex.
May 7th, 2010 at 11:43 pm
Alex,
You’re not going to get any action by dicking around here every Friday night.