Thanks very much to sfbubblebuyer for today’s featured listing. Does it look familiar? It should.
2524 Dekoven Ave, Belmont CA 94002
SQ. FT.: 1,480
$/SQ. FT.: $641
LOT SIZE: 7,900 Sq. Ft.
PROPERTY TYPE: Detached Single Family
VIEW: Bay, Neighborhood, City Lights
YEAR BUILT: 1949
COMMUNITY: Haskins Estates
COUNTY: San Mateo
ON REDFIN: 28 days
4 years new. Still gorgeous. High ceilings, gourmet kitchen, level lot, secluded, serene, private. Area for dog run, children play yard, RV/boat parking, etc.
Hey, the house that caused a 210 post-war… is BACK ON THE MARKET!
Surprisingly, it never sold at 1.05 million. Shocking, I know. Zillow lets us know they stared out at 1.14 million. After 3 years of watching housing tank they think that their precious house suffered a terrible loss of almost 17% and they’re now offering it for $949k. How generous of them! While other markets suffered 30-60% losses, Belmont is so special that 17% is a gift to the buyer!
It’ll be interesting to see if they manage to move the house this time. If the bought it for 750 and truly ripped it down to the studs, they’re probably selling it at ‘cost’ now. 200k for redoing everything in a house plus the outside seems about right. Unless you live somewhere non-special, where 200k would buy you a 3,000 sq foot new build.
I don’t think you understand this Spring Bounce idea, sfbb, You see, prices in the RBA always go up. Guaranteed. That’s why this house is shaped the way it is:
I sure hope this place is still staged. That would mean the show’s been running for three years!