A little while ago we had this century-old listing in Willow Glen, where someone had bought the property and subdivided the lot, then built three houses all in a row behind the original one. Thanks to Burbed reader nomadic, who found this listing in comments, we bring you one of those “newer” homes.
SQ. FT.: 1,994
$/SQ. FT.: $376
LOT SIZE: 2,613 Sq. Ft.
PROPERTY TYPE: Detached Single Family
YEAR BUILT: 2008
COMMUNITY: Willow Glen
COUNTY: Santa Clara
STATUS: Pending With Release
ON REDFIN: 35 days
THREE YEARS OLD AND NEVER BEEN LIVED IN!PHENOMENAL HOME. JUST MOMENTS TO THE FINE AMENITIES OF DOWNTOWN LINCOLN AVE!CHIC DESIGNER STYLE THRUOUT. HIGH END FINISHES. STAINLESS APPLIANCES. GORGEOUS HARDWOOD FLOORS. TO DIE FOR MASTER SUITE W/ FIREPLACE. MASTER BATH W/ JETTED TUB. HIS AND HERS CLOSETS. CLOSE TO PARKS, SCHOOLS, NEW LIBRARY, & FRESH & EASY GROCERY STORE.
Yes, this is the same Realtard as the old house, and she’s SHOUTING AT YOU just as LOUDLY. Hmmm. At first I wondered if she was behind the development in the first place, but the 2008 attempts at sale, as well as the April sales used a different broker. The limited liability corporation behind this development was called Willowshire LLC, with a mailing address in Saratoga. The contractor was Vern Easthouse, of Los Gatos, and the construction was approved by the San Jose Planning Department back in 2005. The three new houses were begun in May 2007 and finished in August, 2008.
Meanwhile, soon after they were finished, the ownership was transferred from Willowshire to United Security Bank of Fresno, by way of some capital service, not the one which held the construction loan. Whoops! I found a Notice of Default dated June, 2008, so the financial problems hit before the homes were finished. There were a couple of mechanic’s liens filed against them too.
Meanwhile, there’s another long list of asking prices being changed, delistings, relistings, etc. etc. Here’s what Zillow had on this place:
There’s similar roller-coaster action with the original old house as well.
A Cisco manager married to a financial consultant bought one of the three new houses in 2009. A Yahoo executive married to an Internet startup CEO bought another one of the new houses in 2010 and recently signed a consent decree for this property, which suggests he had some kind of lawsuit going against the development. The original house in front and the remaining new one was bought from United Security Bank by a Palo Alto developer this April for $570K… but it had been sitting empty for 3 years. New light bulbs and Drano now installed, it’s your turn to move in!
Best of all, when you want to do that Pride of Ownership/Water Your Own Lawn thing… it won’t take a lot of your time. Check out that lot: 2613 square feet. Your gardener will charge you more to drive to your house than to rake the leaves!