Hardy Palo Alto Property
870 GUINDA St, Palo Alto, CA 9430
$1,850,000
1889…
Hardy pioneers are conquering one of America’s last frontiers, erecting entire towns overnight in Oklahoma’s land rush… while in the old world, hardy visionaries bring consternation and ire by erecting an odd iron tower in the center of Paris.
Palo Alto, CA, won’t be upstaged, and hardier builders rush to complete the erection of a towering home on a cherry street.
2009…
This property, which survived the Titanic and several world wars almost undamaged, makes a new glorious entrance on the real estate market. Now Mature™ and Charming™, the house is the pride of the neighborhood, imperiously guarding a corner with no less than five streets, and swelling with newfound ambitions.
2010…
At 485+ days on the market, the property valiantly deflects multiple offers on a weekly basis, going so far as to forcing an enterprising buyer out of his job.
2015…
Still proudly floating despite a 9.6 earthquake and the mother of all floods, the now-wrinkled property graduates from Stanford University and decides that, maybe, it is finally time to agree on a suitor.
June 29th, 2010 at 7:10 am
“Buyer lost job.”
brutal. I hope said buyer doesn’t check back on the post longingly. Or maybe he/she is grateful to have lost their job before closing escrow.
June 29th, 2010 at 8:01 am
DreamT- Nice to see a post!
June 29th, 2010 at 8:05 am
I thought we decided not to talk about Palo Alto.
June 29th, 2010 at 8:09 am
Quotes from Obama at press conference this morning with Bernanke:
“The economy is strengthening”
“The recovery is well under way”
June 29th, 2010 at 8:10 am
Hmmm, another property worth half the asking price.
Yawn.
June 29th, 2010 at 8:12 am
And the market is reacting well to the prognosticators…
June 29th, 2010 at 8:19 am
When I consider “we” decided not to discuss Palo Alto, one question immediately comes to mind: Is Real Estater pregnant?
June 29th, 2010 at 8:21 am
Zestimate: $1,385,500.
Taxable value: $70,289 ($829 tax last year). The city will be happy once it’s sold.
It’s not even on the good side of Middlefield Rd.
June 29th, 2010 at 8:55 am
Quotes from Obama at press conference this morning with Bernanke:
“The economy is strengthening”
“The recovery is well under way”
And you believe politicians? Do you let them hold your kids too?
I have some beachfront property in Albuquerque that I’m trying to sell.
On another note, consumer confidence sores and the Dow sours.
June 29th, 2010 at 8:56 am
“Sale fell thru at no fault of property; buyer lost job.”
What is the likelihood that the above statement is true?
Now consider:
“Sale fell thru at no fault of property, other than price; buyer quit drinking the special it’s always cheaper to buy drink.”
I mean come on, what kind of person makes enough to buy a $2M place and their job was suddenly lost, as if there was no warning?
The listing agent is really suggesting, “This property is really worth the asking price, even if the last buyer woke up, even if it took a “job loss” to wake him up.”
Final question:
On the one hand the job loss is a reduction in income, but on the other hand not buying an over-priced property minimizes future losses. Did this buyer end up better off on a long-term basis?
June 29th, 2010 at 8:59 am
The featured property is listed at $1233/sq ft, and located at a 3 way intersection across from a church. The house itself is very old as well. Not surprising it’s not selling like hot cakes.
June 29th, 2010 at 9:01 am
> The featured property is listed at $1233/sq ft, and located at a 3 way intersection across from a church. The house itself is very old as well. Not surprising it’s not selling like hot cakes.
Thank you, Captain Obvious!
June 29th, 2010 at 9:02 am
Quotes from Obama at press conference this morning with Bernanke:
“The economy is strengthening”
“The recovery is well under way”
—–
What recovery? In 2008 the very same Bernanke said US would avoid recession. If there was no recession, there is no recovery either.
June 29th, 2010 at 9:04 am
Not surprising it’s not selling like hot cakes.
—-
460+ days in market. It’s not selling at cold cake either.
June 29th, 2010 at 9:13 am
Real Estater- Finally, yes finally, you admit it is possible to over-price a PA home. I thought you’d be chanting about paying for the kids education with over-bidding, no matter if the asking price is $1,233/sq.ft. I think you need another cup of whatever it is you were drinking, so you can return to your regularly scheduled program.
When will this place be worth the $1,233/sq.ft. anyway?
June 29th, 2010 at 9:50 am
I think the seller is dazzled by his 10,000 square foot lot–you can barely walk around it in a single day! You could build a dream home with easy access to all parts of Palo Alto with your choice of five streets to get there.
The house just next to this one on Guinda just sold in about two weeks with an ask of 1.4 million. It’s lot is about half of 870′s size and the house is roughly the same size, but it is actually in pretty good condition.
755 Channing, just down the street is on sale at 1.75m, but has only been on the market about a week. Charming, but needs some work. I’m really curious to see what it goes for.
June 29th, 2010 at 11:13 am
DreamT, nice piece! Great to see you as a guest poster. Nicely done, even if you are covering 120 year old properties on the wrong side of Middlefield. Next time, stick to the quality neighborhoods, okay? Like, oh, 94087.
I wonder what is in the basement of a 120 year old house. Broken stuff from 1906, souvenirs from the 1915 Pan-Pacific expendition, maybe stock certificates from June, 1929. We were all clear for take-off then, too!
The listing says the schools are Addison, Jordan, and Gunn. Isn’t Gunn, the superior high school, reserved for the only part of PA left in the RBA, 94306? This old house has to settle for This Old High School, too.
This school attendance map shows the high school division is clear: the listing agent blew it.
Heh. My high school suspicion confirmed. Agent = Realtard. Heh.
Also Terman and Jordan Middles are awfully close together. WTF? The listing agent says Jordan. Could be true. Who goes to Terman? Their report is a little, um, light. And I got it right off their website. There’s enough evidence there to show this school was actually enrolled and operating during 2009-10. From another item on the PAUSD website, Terman seems to offer a drill ‘n kill program similar to Faria, the Cupertino elementary school that often scores 1000 on the API.
June 29th, 2010 at 11:21 am
94301 and the rest of North Palo Alto gets Jordan (the old-money and the IPO executives). Palo Alto Hills and Los Altos Hills (the engineers and people who can’t afford 94301) get Terman. 94306 is split between Jordan and Terman. 94303 and the rest of the slums get JLS.
http://www.pausd.org/parents/schools_sites/downloads/AttendanceBoundaryMaps.pdf
This property is undoubtedly in the Jordan Middle and Paly High School District. That agent blew it with the schools. Of course, he blew it with the pricing too.
What should this house sell for?
June 29th, 2010 at 11:22 am
I wonder what is in the basement of a 120 year old house.
Skeletons. Lots of skeletons. If you’re lucky, you might find one with some dried meat (jerky) on it.
June 29th, 2010 at 11:42 am
Good find on the maps, Gallileo. I looked on the PAUSD site and hadn’t found that link. Guess I should have looked harder.
Notice that Terman Middle is in a completely different place on the middle school maps from PAUSD than from the Palo Alto online map? The Terman website says 655 Arastredero. I bet the PAO map has the old location of Terman from the 1950s.
Also PAUSD forgot to label Jordan Middle at all.
One more bizarre thing about the maps. Note that there a little sliver of Lyman graduate residences, plus Santa Teresa Lane that get Paly as a high school, and everywhere else west of El Camino gets Gunn. Note that Paly is much, much closer to Snodfart land. I gotta ask my Stanford grad friends if there’s other grad housing besides Lyman. I’ve been to grad housing, I just have no idea if it was there or somewhere else. Not like there’s a lot of graduate students with high-school age kids or even siblings living with them.
10,000 sf in Palo Alto? Maybe $1.6M? The house is irrelevant. Oh, have fun with Google Streetview. It doesn’t know where the house is and gives the wrong address when you look at it.
June 29th, 2010 at 11:42 am
“The economy is strengthening”
“The recovery is well under way”
Well, more upbeat than his press conference from a year ago:
“Look… We inherited a whopper”
“Don’t expect much”
(But same effect on the markets)
June 29th, 2010 at 11:45 am
Wow. Nice stimulus package. Wasn’t it supposed to prevent unemployment from going above 8%?
June 29th, 2010 at 9:33 pm
#2 – Thanks for the nice thought. LOL #7 (I had to read it twice to get it)
But I bow to your superior sleuthing
#5 – You’re welcome
#8 – Are you suggesting that, on the other side of Middlefield Rd., this place would have been worth much more? Because I’d agree (but RealEstater does not and he knows best)
#11 – Who cares in this zip if the place is a fixer-upper? It will be torn down anyway. Also larger lots result in higher $/sqf since non-residence square footage isn’t included in the ratio.
#17 – Been guest poster twice before
June 29th, 2010 at 10:05 pm
>>It’s not even on the good side of Middlefield Rd.
Right. Who wants to be on the side of Middlefield Rd. where University Ave. coming off of 101 leads to downtown. No way. Just not good enough.
June 29th, 2010 at 10:08 pm
SEA says,
>>Real Estater- Finally, yes finally, you admit it is possible to over-price a PA home.
A fair price to pay for 94301 is between $1000 and $1100/sq. ft., assuming the house is in clean original condition.
>>When will this place be worth the $1,233/sq.ft. anyway?
When it has been remodeled or rebuilt.
June 29th, 2010 at 10:58 pm
A fair price to pay for 94301 is between $1000 and $1100/sq. ft., assuming the house is in clean original condition.
Did your daddy smack you in the head again, boy? Wait, that daddy would be me.
June 29th, 2010 at 11:08 pm
A fair price to pay for 94301 is between $1000 and $1100/sq. ft., assuming the house is in clean original condition.
—-
You mean
fairreal price for real house in 94301. Because in reality there is no such thing in 94301 that sells for $1000-$1100/sqft.June 29th, 2010 at 11:08 pm
Remodeled or rebuilt, and another 10 years elapse.
June 29th, 2010 at 11:11 pm
> Right. Who wants to be on the side of Middlefield Rd. where University Ave. coming off of 101 leads to downtown. No way. Just not good enough.
At last we agree on something.
June 29th, 2010 at 11:12 pm
>>When will this place be worth the $1,233/sq.ft. anyway?
When it has been remodeled or rebuilt.
—-
Correction: When is has been rebuilt by adding one more floor, but not counting the sqft of new floor while calculating price per sqft.
June 29th, 2010 at 11:18 pm
Lol – “a fair price to pay.”
LOL
Quote: “A fair price to pay for 94301 is between $1000 and $1100/sq. ft., assuming the house is in clean original condition.”
RE- do you understand you are a complete and utter chump?
June 29th, 2010 at 11:22 pm
anon, I regret but RealEstater is right – that is, for the houses that are on the good side of Middlefield (not that one)
June 29th, 2010 at 11:27 pm
Real Estater- “SEA>>When will this place be worth the $1,233/sq.ft. anyway?
RE>When it has been remodeled or rebuilt.”
Does it have moving parts?
June 29th, 2010 at 11:29 pm
that is, for the houses that are on the good side of Middlefield (not that one)
—-
You mean REAL 94301
June 29th, 2010 at 11:32 pm
That estimate seems high; I’d say $900+/sf for 94301 per Redfin sales. That would mean if the right side of Middlefield averages $1050, the wrong (101) side drops to $750.
June 29th, 2010 at 11:33 pm
DT, same difference. That whole area is for the jokers who are tripping over each other for the opportunity to borrow their way in to PA.
June 29th, 2010 at 11:35 pm
#34 – Exactly. But I wouldn’t want community center to get the ghetto reputation here. The children’s library is really nice (the nearby trash container less so) – they let non-residents borrow up to 99 books every three weeks, and their selection is unmatched.
June 29th, 2010 at 11:38 pm
Dream,
Did you take the wrong med today? Since when did you become an advocate?
June 29th, 2010 at 11:39 pm
Yes DT, do tell – when did you become an advocate of libraries?
June 29th, 2010 at 11:40 pm
#37 – that’s scary, they can remove 99 books, destroy a soccer field, and take over a park barbecue within the same two hours and a few blocks.
June 29th, 2010 at 11:40 pm
RE – I’ve always thought very high of the children’s library. We’re regulars there. That place in downtown Santa Clara would be continuously swarmed, but down in Palo Alto, locals don’t seem to appreciate as much what they have (other thank by purchasing bricks)
Seriously, from a French perspective, that library alone redeems the entire zip code.
June 29th, 2010 at 11:44 pm
>>94303 and the rest of the slums get JLS.
Prime amateur talk here. 94303 covers some of the cherriest parts of Palo Alto. Yet, it is a shared zip code with East Palo Alto (EPA addresses certainly do not go to Palo Alto schools).
June 29th, 2010 at 11:46 pm
>>I’ve always thought very high of the children’s library. We’re regulars there.
WTF? I know we have out-of-towners abusing our parks. I didn’t realize they use our libraries too.
June 29th, 2010 at 11:51 pm
> EPA addresses certainly do not go to Palo Alto schools
You forget about the Tinsley program. I guess that makes you the amateur
June 29th, 2010 at 11:52 pm
madhaus says,
>>That would mean if the right side of Middlefield averages $1050, the wrong (101) side drops to $750.
Again, wrong or right side does not apply in 94301. It’s all good north of the Oregon Expressway. If anything can be bought there for $750, you should be asking yourself why you have not made the move.
June 29th, 2010 at 11:54 pm
>>You forget about the Tinsley program. I guess that makes you the amateur
That’s a charity program, not entitled based on address.
June 29th, 2010 at 11:54 pm
that’s why you can never find those books to read to your kids!
On a more serious note who doesn’t love the addition of: “Sale fell thru at no fault of property; buyer lost job?”
Why don’t they just say it: “Property is awesome and only reason one wouldn’t want to pay our asking price is because one can’t afford it.”
Pride of ownership of entry level Palo Alto! Where you can pretend to your hearts content and think you are getting value by your proximity to Steve jobs. Plus, all things considered, Stanford gives preference to Palo Alto residents. It’s free lunch [sic]! Just ask “worried mom!”
June 29th, 2010 at 11:56 pm
#45, which side of Middlefield is your house? You seem a mite defensive about a price drop that’s clearly measurable.
June 30th, 2010 at 12:00 am
which side of Middlefield is your house?
—–
Of course the not-so-wrong-side.
June 30th, 2010 at 12:01 am
Considering how touchy he gets, I would say he lives on the wrong side
June 30th, 2010 at 12:05 am
That’s a charity program, not entitled based on address.
—-
LOL! I did not know that charity program is ordered and settled in court.
Next time I should wait for court order before donating to Red Cross.
June 30th, 2010 at 12:06 am
#43 – I suppose you’d know it if you got out of your house a bit more. I don’t set the library rules, you know…
June 30th, 2010 at 12:12 am
WTF? I know we have out-of-towners abusing our parks. I didn’t realize they use our libraries too.
—-
There are lots of things Real Estater does not know. What a surprise!
June 30th, 2010 at 12:13 am
#52: but that’s not an option! #43 plans to die in that house. Guess that limits movement a bit.
June 30th, 2010 at 12:18 am
While we’re at it, registration at a Palo Alto library entitles to get a free online account at the Rosetta Stone website to learn one or several language on one’s own. And (troll preemption) they explicitly state that this is open to non-residents.
(hopefully they haven’t closed that program since we joined it)
June 30th, 2010 at 12:19 am
>>#45, which side of Middlefield is your house? You seem a mite defensive about a price drop that’s clearly measurable.
I love it when you are so curious!
June 30th, 2010 at 12:28 am
#43 – I suppose you’d know it if you got out of your house a bit more. I don’t set the library rules, you know…
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Rules? Does it matter when someone can’t read it? He did not know the BBQ table reservation rules in parks, then complained about not getting a table.
Same thing goes for library. I wouldn’t be surprised if he asks for the refund of his bricks.
June 30th, 2010 at 12:29 am
I love it when you are so curious!
—-
Translation: I am indeed at the wrong side of Middlefield.
June 30th, 2010 at 12:30 am
madhaus,
I give you some hints on where I live:
- I live on a tree lined street
- I’m away from busy streets and power lines
- I can walk to University Ave.
- I can walk to Steve Jobs’ house
June 30th, 2010 at 12:33 am
> I can walk to Steve Jobs’ house
Too bad he won’t let you in. Is your name on one of the bricks too?
June 30th, 2010 at 12:35 am
More hints:
- I can walk to Town and Country Village
- I can walk to Children’s Library
- I can drive to 94087 and real gray area
June 30th, 2010 at 12:41 am
I give you some hints on where I live:
—-
Translation: Let me try to convince you that I don’t live at the wrong side of Middlefield.
June 30th, 2010 at 12:46 am
Pralay,
If you know Palo Alto, you’d realize these are solid hints.
June 30th, 2010 at 12:46 am
These are rather generic hints. Make it more enticing for us!
How about the variation of your zillow estimate since, say, September 2007? Is it, +30%? same? -30%?
June 30th, 2010 at 12:49 am
Yes, please, tell us more. Can you walk to Ikea too?
June 30th, 2010 at 12:56 am
#64: Honestly, I have no idea what my Zillow estimate was in 2007.
#65: Not really, at least not without getting mugged.
June 30th, 2010 at 12:57 am
Yes, please, tell us more. Can you walk to Ikea too?
—-
He is the only misfit mortgage holder in his neighborhood with significant mortgage amount. Rest of his neighbors either paid off or have negligible payment.
June 30th, 2010 at 1:02 am
#64: Honestly, I have no idea what my Zillow estimate was in 2007.
—-
Amazing!!
Someone can’t read a graph that goes as far as 2006.
Then he starts his comment with the word “HONESTLY”.
June 30th, 2010 at 1:04 am
To his defense, he should probably keep it that way. Ignorance is bliss, and zillow hasn’t been kind on his neighborhood.
June 30th, 2010 at 6:26 am
RealEstater@42
I meant the rest of the slums of the real Palo Alto, everyone knows that 94303 covers Nonreal Palo Alto too.
In the past three months, 20 houses have sold for more than 1k/sq ft out of a grand total of 153. Some people do pay that much, but it is far from common.
Interestingly, the piano=practice shack sold for $1064/sq ft–and it hadn’t even been remodeled. A high-price per square foot means a terrific house, no doubt about it.
http://www.burbed.com/2010/02/01/a-great-house-for-practicing-the-piano-in-palo-alto/
June 30th, 2010 at 7:55 am
Is it possible to walk from East Palo Alto to Palo Alto?
June 30th, 2010 at 9:40 am
Amazing how Real™ Estater loves to talk about himself…
June 30th, 2010 at 9:56 am
SEA,
Possible? Yes, just hike up or down university far enough. Without getting mugged? Well probably not.
One morning about 6:30 am in desperation I stopped at a gas station just off 101 in EPA and got offered a crack deal.
Although distasteful, you’ve got to admire the dealer’s hustle–working the street at 6:30 am is a true entrepreneur. I wonder when his IPO will be. Maybe he’ll be able to live in the Real Palo Alto and not the slums like me.
June 30th, 2010 at 10:55 am
What Real Estater’s risk of being mugged when walking to the Children’s Library? (With all those mega projects, consider that he might start his journey at 6:30 a.m.)
June 30th, 2010 at 8:47 pm
To his defense, he should probably keep it that way. Ignorance is bliss, and zillow hasn’t been kind on his neighborhood.
——
He checks zillow only when price goes up.
June 30th, 2010 at 9:35 pm
Damn. Pralay owns Faux Estater again.
#71, yes, it is possible to walk from East Palo Alto to Faux Estater’s house. How do you think I get from my EPA bachelor pad to Faux Estater’s house to bang his wife? LOL
June 30th, 2010 at 10:36 pm
Is she really a trophy wife?
June 30th, 2010 at 10:45 pm
Nah, I had better.
June 30th, 2010 at 11:31 pm
I wasn’t sure if she’d stack up to my standards, but considering you were willing, she’s must be alright, even if she’s not your best.
June 30th, 2010 at 11:53 pm
Well, they’re all ok with a paperbag.
July 1st, 2010 at 2:27 am
Amazing how Real Estater managed to hijack the entire thread away from the Guinda St. property. After 80 posts, we know more about his habits, opinions, side of middlefield, where he can (and cannot) walk, and zillow frequentation, than we do about anything 870 Guinda.
That’s not right!
July 1st, 2010 at 2:46 am
That’s what you get for posting about PA, DreamT.
July 1st, 2010 at 9:56 am
What do we know about 870 Guinda?
- Despite the listing, it does not have higher-scoring Gunn HS
- It’s on the wrong side of Middlefield
- Lots of escape routes if necessary
- Insanely overpriced, even for the overpriced zip it’s in
What we don’t know about 870 Guinda
- Whether RE can walk to it without getting mugged at 6:300 AM
- How many skeletons in the basement
- how long seller will hold his/her breath before lowering wishing price
- why listing agent didn’t include “Walk to Steve Jobs’ house” as a selling point
July 2nd, 2010 at 12:18 pm
Let’s do some follow-up.
Petsmart Groomer’s buddy was “trading down” to 94301. Let’s see what happened to that house:
Asking: $2.195M
Sold for: $2.662M
Did the trade down buyer have enough to cover the overbidding?
July 2nd, 2010 at 12:50 pm
Real Estater- You never cease to amaze me how you can find that one seller who under-prices their home. Do you hang out with sellers who ask too little for their property?
Take a home that’s worth $2.7M, and place an asking price of $2.2M on it, and guess what… There’s likely to be over-bidding.
Take that same home and ask $3M, and guess what… The chances of over-bidding drop to near zero.
Keep looking for those sellers’ and report back when you find one.
Beyond the short-sale issues, why don’t all sellers ask for low prices? Does starting at a lower price maximize the selling price?
July 2nd, 2010 at 1:34 pm
I found something interesting about the Melville house. I know it’s been remodeled (the listing didn’t say when), and I’ll assume it’s fairly recent so these older prices aren’t comparable to the new asking and selling prices.
The house was sold in 1989 for $713K, which shows that this was a desirable house compared to, say, Cupertino. Back then a crapbox there would run you around $350K and a better house $400K.
House changed ownership again in 1996. Price? $680K. What happened to this house that it lost value in 7 years? Did it have moving parts?
1989 was close to the peak of a bubble. I’d say market timing can rough you up even if you buy in the RBA. By 1996, the house had moved out of it, hence lower price.
July 2nd, 2010 at 1:52 pm
House changed ownership again in 1996. Price? $680K. What happened to this house that it lost value in 7 years? Did it have moving parts?
—-
The seller forgot to replace all the burned out bulbs, hence lower price. Or may be the owner pooped so much that even Drano did not work.
July 2nd, 2010 at 2:52 pm
>>You never cease to amaze me how you can find that one seller who under-prices their home.
You don’t have to look that hard. Massive overbidding is now quite common in Palo Alto. 585 N California was listed at $1.35M 1 week ago. It just sold with 30 offers for $1.7M cash. Like I said, just the overbidding amount in Palo Alto will easily pay for the kids’ college expenses.
July 2nd, 2010 at 2:53 pm
By the way. I did not find that house on Melville. Petsmart Groomer brought it to my attention.
July 2nd, 2010 at 2:56 pm
“585 N California was listed at $1.35M 1 week ago. It just sold with 30 offers for $1.7M cash.”
I guess you know how to find the people who price homes well below market. I generally find people that price much closer to actual market value.
July 2nd, 2010 at 2:58 pm
Pralay- “The seller forgot to replace all the burned out bulbs, hence lower price. Or may be the owner pooped so much that even Drano did not work.”
My 4th of July weekend has officially begun! Thank you.
July 2nd, 2010 at 3:06 pm
> Did the trade down buyer have enough to cover the overbidding?
I’ll check with them right now and will let you know.
> I did not find that house on Melville.
What? You mean you cannot walk to that house?
Anyway, too much traffic on Melville and Lincoln.
July 2nd, 2010 at 3:12 pm
Massive overbidding is now quite common in Palo Alto.
—–
And we know the meaning of “quite common” in Real Estater’s dictionary. If 1 out of 45 homes are sold with “massive overbidding”, that’s considered “quite common”. Basically, anything non-zero is considered “quite common”.
July 2nd, 2010 at 3:19 pm
585 N California was listed at $1.35M 1 week ago. It just sold with 30 offers for $1.7M cash.
—-
And we all know how credible these information are. I am pretty sure this is as credible as fictitious 8 cash offers – ALL over $1M ( it turned out Clara St property was sold below $1M).
If Real Estater is dishing out information, it got to be true.
July 2nd, 2010 at 3:21 pm
Like I said, just the overbidding amount in Palo Alto will easily pay for the kids’ college expenses.
—-
And that’s the best hope for Real Estater’s kids.
July 2nd, 2010 at 3:23 pm
What? You mean you cannot walk to that house?
—-
Wrong side of Middlefield. Forbidden neighborhood.
July 2nd, 2010 at 9:31 pm
So I Guess this week’s news sort of douses the enthusiasm that the housing market is going to come “roaring back” anytime soon. Oh well. Too bad.
July 2nd, 2010 at 9:47 pm
bob – it really all depends on which side of Middlefield you are.
July 2nd, 2010 at 10:23 pm
Pralay says,
>>And we all know how credible these information are.
We’ll just have to follow up and splash some egg over your embarrassed face again.
July 2nd, 2010 at 10:24 pm
>>I guess you know how to find the people who price homes well below market. I generally find people that price much closer to actual market value.
Try pricing your house low outside of RBA. You’ll get what you asked for.
July 2nd, 2010 at 10:26 pm
Ask anyone who live in Palo Alto. “Wrong side of Middlefield” is the same as declaring “I am an amateur”.
July 2nd, 2010 at 10:31 pm
>>Anyway, too much traffic on Melville and Lincoln.
I think when you asked me for advice, I already told you Melville does not have too much traffic. You just don’t know Palo Alto, where:
- Moderate traffic is not an issue
- Being close to the freeway is not an issue
- Being close to East Palo Alto is not an issue (Crescent Park is next to EPA).
- Being able to hear Caltrain is not an issue (Steve Jobs’ house can hear it)
July 2nd, 2010 at 10:34 pm
Bob says,
>>So I Guess this week’s news sort of douses the enthusiasm that the housing market is going to come “roaring back” anytime soon.
The housing market has already come roaring back in RBA, the only place that really matters.
July 2nd, 2010 at 10:44 pm
Only place still in RBA: 94306.
But thank you for your submission.
July 2nd, 2010 at 10:51 pm
Real Estater, the good side of Middlefield is the side that regularly sells for several million dollars more than your property, and that has continued to gain in value after mid-2007, as opposed to decreasing by 30%. In other words, Steve Job’s neighborhood, not yours.
Be honest with yourself at least, and admit that if you had the means, you would have purchased west of Middlefield. And then move on! There’s no shame in living in CC anyway, it is still a $M+ neighborhood.
July 2nd, 2010 at 10:52 pm
“Try pricing your house low outside of RBA. You’ll get what you asked for.”
Oh really? The RBA is the only place in the world where a home priced below market will not garner a single offer over the asking price, no matter how far below market the asking price is?
As if no over-asking price offers are made in those “flyover states.”
This weekend has started off very entertaining.
July 2nd, 2010 at 10:58 pm
>>Real Estater, the good side of Middlefield is the side that regularly sells for several million dollars more than your property
LOL. Where did I say which side of the Middlefield I’m on? I’m correcting an amateur point, and I’ll keep on doing it regardless of what you might infer about my residence.
July 2nd, 2010 at 10:59 pm
DreamT,
Just remember, I can walk to Children’s Library, and you can’t.
July 2nd, 2010 at 11:01 pm
Real Estater, I was correcting an amateur point as well. Glad we’re on the same page!
** moving on now **
July 2nd, 2010 at 11:03 pm
Real Estater, that’s Ok. I walk to Barefoot Coffee every morning and don’t feel short-changed.
July 2nd, 2010 at 11:04 pm
Didn’t real estater say he never goes to the library anyway?
July 2nd, 2010 at 11:05 pm
>>Didn’t real estater say he never goes to the library anyway?
That was Pralay.
July 2nd, 2010 at 11:08 pm
I can see that RE’s neighborhood has a real list/sell price disparity. I was wondering where that figure of over a grand a square foot came from. It’s the wishing price, but wishing does not make it so.
July 2nd, 2010 at 11:09 pm
Real Estater, that’s Ok. I walk to Barefoot Coffee every morning and don’t feel short-changed.
Well, I can walk to Peet’s AND Trader Joe’s. So there.
July 2nd, 2010 at 11:12 pm
So you frequent the library but still had no idea anyone could check books out? I see.
July 2nd, 2010 at 11:34 pm
anon,
There’s no law against it, but libraries are usually for the people of the community, not for people outside of it. The same goes for parks. Why does everyone want a piece of Palo Alto?
July 2nd, 2010 at 11:41 pm
Again, the Palo Alto libraries are proactively reaching out, with freebies, to out-of-town residents.
I speculated it could be to compensate for a dismaying increase in local enrollment which would be necessary to secure additional funding. But then it’s maybe simply an isolated example of altruism in Palo Alto, amidst budgetary woes and infighting everywhere else in the town as regularly chronicled in the Palo Alto Daily News.
July 3rd, 2010 at 12:08 am
>>Didn’t real estater say he never goes to the library anyway?
That was Pralay.
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And where did I say that, Mr
RealLiar Estater?July 3rd, 2010 at 12:10 am
>>Real Estater, that’s Ok. I walk to Barefoot Coffee every morning and don’t feel short-changed.
Coffee shop is on the wrong side of town. You are short-changed.
July 3rd, 2010 at 12:17 am
We’ll just have to follow up and splash some egg over your embarrassed face again.
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Please do it,
RealFaux Estater. Whenever Faux Estater gives news about “cash offers” I had to follow up. Let’s wait for Faux Estater’s turn now – to following up about “30 cash offers”.July 3rd, 2010 at 12:24 am
#119 – Hum, ok… so, the “right” side of town is Rivermark?
Please do tell.
July 3rd, 2010 at 12:40 am
The housing market has already come roaring back in RBA, the only place that really matters.
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Faux Estater,
Your statements are based on the assumption that the world revolves around your opinion.
July 3rd, 2010 at 12:56 am
There’s no law against it, but libraries are usually for the people of the community, not for people outside of it.
——
“My toy, my toy, all mine”. Poor
Real Estaterkid.July 3rd, 2010 at 2:37 am
Funny how #100 reads like a fortune cookie.
July 3rd, 2010 at 9:06 am
> “My toy, my toy, all mine”
While we save the real “This land is your land” for tomorrow, let’s hear Real™ Estater’s version today:
As I was walking to Steve Jobs’ house
I saw above me an endless skyway
I saw below me a golden valley
This land was made only for me
This land is my land, this land is my land
From the highway, to the foothills park
From the very tall tree, to the Toyota dealer
This land was made only for me
I’ve roamed and rambled and I’ve followed my footsteps
To the sparkling sands of the park playgrounds
And all around me a voice was sounding
This land was made only for me
Chorus
The sun comes shining as I was strolling
The red oaks waving and the dust clouds rolling
The fog was lifting a voice come chanting
This land was made only for me
Chorus
As I was walkin’ – I saw a sign there
And that sign said – East Palo Alto
But on the other side …. it didn’t say nothin!
Now that side was made only for me!
Chorus
In the parks of the city – In the shadow of the Apple store
Near the children’s library – I see my people
And some are grumblin’ and some are wonderin’
If this land’s still made only for us.
July 3rd, 2010 at 1:28 pm
“Being able to hear Caltrain is not an issue (Steve Jobs’ house can hear it)”
Steve Jobs’ house has ears?
#125 – LOL
July 3rd, 2010 at 9:58 pm
Happy almost 4th of July everybody. And remember, no matter how much you paid for your house ( except of course for those of us who wisely rent) most people in the United States thinks the Bay Area is full of crazy hippies. Let’s all do our part to keep it special, overpriced, super-duper liberal, and as full of excrement as possible.
July 3rd, 2010 at 11:19 pm
Nice song, groomer!
Happy 4th everybody! It’s already the holiday where I am.
September 27th, 2010 at 8:57 pm
Sold for… Oh no, wait. Still on the market.
September 27th, 2010 at 9:13 pm
That’s “soon pending” – at the wrong side of Middlefield.
June 25th, 2011 at 4:44 pm
Apr 06, 2011 Sold (MLS) (Sold) $1,650,000
Dec 04, 2010 Pending (Pending Without Release)
http://www.redfin.com/CA/Palo-Alto/870-Guinda-St-94301/home/546549