Old Palo Alto Exits the RBA
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Old Palo Alto, feeling ashamed at being only the third leading income city in the nation, has decided to leave the RBA (Real Bay Area).
1227 Fulton Street, Palo Alto, CA 94301
$1,350,000
BEDS: 4
BATHS: 2
SQ. FT.: 2,114
$/SQ. FT.: $639
LOT SIZE: 5,625 Sq. Ft.
PROPERTY TYPE: Detached Single Family
STORIES: 2
YEAR BUILT: 1924
COMMUNITY: Community Center
COUNTY: Santa Clara
MLS#: 81036220
SOURCE: MLSListings
STATUS: Pending Without Release
ON REDFIN: 14 daysCozy 2-story home in highly desirable Palo Alto Community Center; 4b2bth, spacious LV & Dining rm; Private master bdrm upstairs; Quiet bckyrd w/ mature trees along property perimeter; Tree lined street, quiet neighborhood, surrounded by houses of stylish architectural details; Walking distance to libraries, community center, parks, schools; Short Distance to downtown shopping and restaurants
A nice old house on a nice old Palo Alto street, on the right side of Middlefield Road. You can walk to Steve Jobs’ house, the children’s library, downtown and Rinconada park.
This area has just left the RBA because this house sold for $1.7 million in 2007 and is now on the market as a foreclosure at $1.35 million. It was on and off the market all of 2009 at a wide variety of prices (always less than the 2007 price) but it didn’t sell. A sad day for Old Palo Alto, but we’ll always have 94306!
August 5th, 2010 at 9:21 am
Now, now, let’s not rush to judgment. The overbidding just may save this poor, unloved house.
August 5th, 2010 at 9:56 am
What do you mean right side of Middlefield? Only if you’re going to Menlo Park.
August 5th, 2010 at 10:10 am
“The overbidding just may save this poor, unloved house.”
But only if the asking price is right, unless you’re heading the other direction, and then the asking price is left–left out in the cold.
August 5th, 2010 at 10:22 am
This area has just left the RBA because this house sold for $1.7 million in 2007 and is now on the market as a foreclosure at $1.35 million
—–
Remember, “there is no such thing as foreclosure in Palo Alto”? I am pretty sure this home on Fulton is a transient home. Its original location is East Palo Alto.
August 5th, 2010 at 10:25 am
The overbidding just may save this poor, unloved house.
—-
The “overbid amount” will also help seller to send his kid to college.
August 5th, 2010 at 11:50 am
“transient home”
And remember, Palo Alto is such a “friendly city.”
“The “overbid amount” will also help seller to send his kid to college.”
I’m thinking the kid’s college fund might be bigger if the asking price were cut in half.
August 5th, 2010 at 12:47 pm
Look at another foreclosed in Old Palo Alto – 862 Waverley St. Flipping gone bad. This guy was trying to sell it since 2006, after he bought it for $2.225M in 2005.
Property assessment history is interesting:
2007: $2,269,500
2008: $2,128,000
2009: $1,925,100
But our local expert said that 2009 was bottom. So expect higher assessment value this year. $3M?
August 5th, 2010 at 6:57 pm
http://forums.redfin.com/t5/forums/forumtopicprintpage/board-id/BayArea/message-id/24963/print-single-message/true/page/1
August 5th, 2010 at 7:19 pm
There’s just one problem:
The house is not in Old Palo Alto.
Also, for the amateurs, Palo Alto is never divided by left/right, but by North/South. The divider, btw, is Oregon Expressway.
August 5th, 2010 at 9:12 pm
I agree with RE. This house is on the northern side of Middlefield Rd, also known as the wrong side, therefore not in Old Palo Alto.
August 5th, 2010 at 9:14 pm
“Palo Alto is never divided by left/right, but by North/South”
North/South of Oregon Expressway?
August 5th, 2010 at 9:34 pm
#9 says Palo Alto never divided by left/right but by north/south of Oregon Expressway.
That’s silly. Oregon Expressway runs more north/south than east/west, so the issue is being on east or west side. And everyone knows Oregon is north of California, but south of California Avenue.
But this house is still on WRONG side of Middlefield.
August 5th, 2010 at 9:55 pm
>>But this house is still on WRONG side of Middlefield.
The right question to ask is which side of the Oregon Expressway you’re on.
General geographics of the Bay Area:
- North is good
- South is less good
- West is good
- East is bad
There are so many examples:
Marin (North of SF) is good.
South San Francisco is bad.
Peninsula is good.
Santa Clara not as good.
South San Jose – bad.
North Palo Alto is great.
South Palo Alto is less great.
East Palo Alto is bad.
West side of the bay is good.
East bay is bad.
East Oakland is the worst part of Oakland.
East San Jose is the worst part of San Jose.
East Mateo is the worst part of San Mateo.
North Hillsborough is better than South Hillsborough.
I can go on and on…
August 5th, 2010 at 10:19 pm
North Palo Alto is great.
South Palo Alto is less great.
East Palo Alto is bad.
—-
Correction: EPA is actually located North of Palo Alto.
So, if I apply his logic, EPA is great.
Palo Alto, which is located south of EPA, is less great.
August 5th, 2010 at 10:23 pm
Okay, #11, I think I’ve got it.
Piedmont is worse than West Oakland.
Kensington is worse than El Cerrito.
Orinda is worse than Lake Merritt.
Half Moon Bay is better than West San Mateo.
La Honda is better than Woodside.
Davenport is better than Saratoga.
Rohnert Park is better than Belvedere.
Burlingame is better than Atherton.
South San Jose is better than Carmel-by-the-Sea.
Alviso is better than Los Gatos.
Union City is better than Evergreen.
Richmond is better than Willow Glen.
Okay, now the advanced version!
Yosemite is worse than Redding because it’s south (less good) and east (bad)
Stockton is the same as Hillsboro because it’s north (good) and east (bad)
Daly City is much much much better than Menlo Park because it’s north (good) and west (good)
East Palo Alto is the same as Palo Alto because it’s east (bad) and north (good).
August 5th, 2010 at 10:27 pm
Palo Alto is located East of Menlo Park. Palo Alto is bad.
North Sunnyvale is great (because it is North).
South Sunnyvale is less great.
Crescent City, which is North of Crescent Park (Palo Alto), is great.
Crescent Park (Palo Alto) less great.
Milpitas which is North of San Jose is great.
I can go on and on…
August 5th, 2010 at 10:32 pm
Following that logic, nothing sucks worse than Miami (east AND south). Wait a minute, that might be too close to truth. Let’s just settle for Manhatten (sic) being bad.
August 5th, 2010 at 10:33 pm
And don’t forget this:
If you compare Real Estater’s home with his neighbor at west side, Real Estater’s house is bad.
August 5th, 2010 at 10:38 pm
If you compare #11′s home with any home in Woodside it is very, very bad. And it’s a fracking crapbox compared to the places in San Gregorio.
August 5th, 2010 at 10:48 pm
Living in trailer park in Minnesota is great. After all, it is located north of 94301.
August 5th, 2010 at 11:20 pm
wow. Joke or not, #13 is an incredibly stupid post.
August 5th, 2010 at 11:57 pm
Detroit, in the North, is good, but maybe it’s too far east. Montana is better than Minnesota, since it’s north and west, but Montana isn’t as good as Seattle, which is the RBA, since it’s very north and west, but not as far north and West as Alaska.
Gah, maybe Barrow, AK isn’t such a bad place? Tomorrow’s high is near 55 degrees Fahrenheit.
North is good.
West is good.
Thus, Barrow, AK is great!
August 6th, 2010 at 7:19 am
> wow. Joke or not, #13 is an incredibly stupid post.
considering the source, it’s not surprising
August 6th, 2010 at 1:20 pm
Hmm. I kinda had a similar impression as #13. Of course it is not true every time, but mostly it seems to be.
OT, can someone tell me what is the “golden triangle” area in saratoga and what is special about it?
August 8th, 2010 at 10:03 pm
In #13, I’m obviously comparing an area against its vicinity. The trolls immediately got into comparing unrelated places, misleading the brainless.
August 8th, 2010 at 10:06 pm
LGgal Says:
>>can someone tell me what is the “golden triangle” area in saratoga and what is special about it?
The Golden Triangle is an area bounded by Saratoga Avenue, Saratoga-Sunnyvale Road and Cox Avenue. It consists more affordable ranch homes on quarter acre lots.
August 8th, 2010 at 10:37 pm
#25: In #13, I’m obviously comparing an area against its vicinity. The trolls immediately got into comparing unrelated places, misleading the brainless.
Yeah, East Palo Alto and Palo Alto are nowhere near each other. Anyone who says otherwise will be called brainless by the clueless.
August 8th, 2010 at 11:29 pm
I’m obviously comparing an area against its vicinity.
—–
Menlo Park and Woodside are definitely within the vicinity of Palo Alto. And compare to Menlo Park and Woodside, Palo Alto is actually East Palo Alto (hence bad).
August 9th, 2010 at 12:52 pm
Real Estater- “In #13, I’m obviously comparing an area against its vicinity. The trolls immediately got into comparing unrelated places, misleading the brainless.”
So no one else can be as ridiculous as you? Now on the surface, I agree, but don’t complain when someone is encroaching in on your turf.
September 27th, 2010 at 8:53 pm
> Now, now, let’s not rush to judgment. The overbidding just may save this poor, unloved house.
Sold for $1,330,000.