May 5, 2010

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 This listing is for sale and the sellers are accepting offers.
On Redfin: 115 days
Come see this nice house in a nice area of San Carlos, with a big lot this property is full of potential

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!

Comments (22) -- Posted by: burbed @ 5:32 am

22 Responses to “A scary house in San Carlos”

  1. maryjane Says:

    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.

  2. nomadic Says:

    How nice – another nice short sale. Full of win for the owners full of hope the banks will let them off the hook.

  3. ES Says:

    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)

  4. Petsmart groomer Says:

    Bought for $863K in April 2007, listed for $949K in Jan 2010 and priced changed to $789K lat month… Sweet!

  5. nomadic Says:

    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!

  6. SEA Says:

    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.

  7. sandra Says:

    This place was also on Burbed in March.

    http://www.burbed.com/2010/03/03/come-see-this-san-carlos-house-in-the-dark/

  8. DreamT Says:

    It got scarier since then :)

  9. Tuno Says:

    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

  10. ss Says:

    http://cupidtino.com/

    Cupidtino is a beautiful new dating site created for fans of Apple products by fans of Apple products! Why? Diehard Mac & Apple fans often have a lot in common – personalities, creative professions, a similar sense of style and aesthetics, taste, and of course a love for technology. We believe these are enough reasons for two people to meet and fall in love, and so we created the first Mac-inspired dating site to help you find other Machearts around you.

    Cupidtino will launch in June 2010 exclusively on Apple platforms – Safari, iPhone and iPad apps. It’s time to share the love.

  11. nomadic Says:

    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.

  12. madhaus Says:

    Two months and two days ago (3/3 rather than 5/5) when this house was “mysterious” rather than “scary,” nomadic said:

    Purchased at the peak of the bubble for $863k. The “zestimate” is a helluva lot closer to a realistic price with $808k.

    I think the realtor knows there is a snowball’s chance in hell this place is going to sell and didn’t want to bother with photos. Why put money into a listing you will never get to collect a commission on?

    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%.

  13. nomadic Says:

    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. :-P

  14. nomadic Says:

    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.

  15. SEA Says:

    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.

  16. madEstater Says:

    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:

    See Dick.
    See Dick buy.
    Dick buys a house.
    Buy, Dick, buy.

    Oh! Oh! Oh!
    Dow is sore.
    Sore, DOW, sore.
    Dow is down.
    There is no cash.
    Side lines are bare.

    Dick?
    You are upside-down.

  17. Alex Says:

    madhouse,

    you wanna be upside-down with Dick? LOL

  18. DreamT Says:

    Alex, if I understood the poem, she’s sore from dicking around while bare.

  19. Petsmart groomer Says:

    Must be Jersey sore.

  20. Alex Says:

    Ya, I bet she got sore from dickin around :p

  21. madhaus Says:

    No sandwich for you, Alex.

  22. Real Estater Says:

    Alex,

    You’re not going to get any action by dicking around here every Friday night.


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