Gasp! Foreclosure in the Former RBA!
Say it isn’t so! A little bird tells me this place is going to be auctioned off soon. Lots of homes are foreclosed on these days, but not many have the pride of place this one did.
633 COLERIDGE Ave, Palo Alto, CA 94301
Last selling price $1,585,000 in Dec 2005
Auction Price: $1,262,250
BEDS: 4
BATHS: 3
SQ. FT.: 2,400
$/SQ. FT.: $660
LOT SIZE: 6,696 Sq. Ft.
PROPERTY TYPE: Detached Single Family
STYLE: Country English
STORIES: 2
VIEW: Neighborhood
YEAR BUILT: 1945
COMMUNITY: Old Palo Alto
COUNTY: Santa Clara
MLS#: 80531585
SOURCE: MLSListings
STATUS: SoldLovely 2 story English style in Old PA on a cul-de-sac near Walter Hays Elemen School. Spacious w/ gleaming hdwd, new paint, family rm/kit combination. Lge LR w/ beam ceilings 2 outside patios-reared gd fenced. Driveway at rear. Garage
Say it isn’t so! The FBs are so down on their luck they have to use abbreviations in their listing, too! And this house has such a convenient location, gently tucked into the corner near Middlefield and Embarcadero. You can go ANYWHERE from there!
Here’s the auction information:
Whoa, that’s this Friday! And it’s got a Zestimate of $1.94 million, so this is a no-brainer! Now, the plot thickens, because both Redfin and Zillow say it’s off the market, with last sale in 2005. But lookie here:
Instant equity ka-ching! Bring your cashier’s checks and come on down to San Jose, because this one is going, going, gone soon!
September 20th, 2011 at 9:29 am
Two postings regarding PA in one day? Someone might need to check his blood pressure.
September 20th, 2011 at 9:50 am
I found this auction long after I’d scheduled up this week. So, my choice was to throw away my write-up (with a Friday auction looming), move one of this week’s listings (some of which had already been bumped from earlier dates), or run this with the other Palo Alto listing (which sonarrat had already posted).
At least this way you get a never-before-seen listing for today.
Who’s coming to the courthouse on Friday? Remember, cashiers checks or suitcases full of cash only!
September 20th, 2011 at 10:03 am
Property Shark says the same person/entity owned/owns prior to foreclosure:
960 S California, Palo Alto 94306
566 Hawthorne, Palo Alto 94301
996 Laurel Glen Dr, Palo Alto 94304
The listing in this post keeps having it’s auction postponed 1-2 days prior to the set date.
September 20th, 2011 at 10:26 am
Why are we still talking about Palo Alto?
Madhaus, I know you have been trying to trade up at Palo Alto for long time. Give up.
Pralay, you can’t send your kids to MY school. Give up.
September 20th, 2011 at 11:07 am
Foreigners are paying $200K whiskey bottle. Don’t you think they can overbid this house to $3M?
September 20th, 2011 at 11:13 am
It is my understanding that whiskey is a RBA basic need.
September 20th, 2011 at 12:31 pm
SEA you would be incorrect in that. No one in the RBA drinks stuff with a key in it.
I’ve finally discovered the difference, as crucial at that between mayo and Miracle Whip, between whiskey and whiskey. Whisky, or Scotch, occupies the place of mayo, and whiskey, or Bourbon, generally made of corn, takes the places of – yecch – Miracle Whip. Like Miracle Whip, bourbon is sweet and frankly, disgusting. Like good honest mayo, scotch isn’t oversweet, and is content to be itself.
Foodies will make their own, olive-oil and free range egg based mayo, with a bit of lemon from the tree out back, and serve it with justifiable pride. Have dinner with some Miracle Whip folks and it’s more like, “Yeah lookee here, it come in a squeezy bottle! Splurp!”
I may be pretty dang proletarian but at least I’m learning. So far my favorite is Johnny Walker Red Label. I’ve actually tried black, as a treat, and found it to be so smooth it’s boring. Red’s fine with me, good enough for Winnie Churchill and as high as I really ought to aspire.
September 20th, 2011 at 12:32 pm
Oops whisky and whiskey. I wonder if some spell-corrector got me?
September 20th, 2011 at 12:52 pm
Gilroy Alex, there’s Irish whiskey too. Distilled three times and aged in oak barrels for at least 3 years.
September 20th, 2011 at 2:00 pm
Gilroy Alex, I wonder if you’ve stumbled upon the sweet tea line in your critique of liquor and condiments.
http://bigthink.com/ideas/21370
I can’t find the maps now, but a similar line was used to demarkate “soda” vs. “coke” as to what you call a carbonated drink.
September 20th, 2011 at 4:27 pm
Let’s just call it RBA Song.
September 20th, 2011 at 4:48 pm
Sweet tea is nasty, Soda is what you drink unless it’s baking soda, and you guys have a point about Irish whiskey which probably isn’t made from corn. I think there’s “rye” which may be a bourbon or a scotch, I dunno. It may not be as nasty as the American, corn-based product.
One rather disgusting trait of American cooking is that everything has to be sweet. No wonder so many of us are fat.
September 20th, 2011 at 8:49 pm
247 DAPHNE Way, EPA
Take a look at the history.
The RRRRReal RBA:
455 GRANT Ave #12, PA
At first I thought it was some sort of prison, but then I realized that it was ‘not a lot of money’ more than not a lot of money.
September 21st, 2011 at 2:53 am
I looked this up in Santa Clara grantor/grantee.
Nothing happened on 3/24 except a substitution and reconveyance. What about that caused a $2.775 mil transaction?
Properties don’t have to be for sale to go on the block; in this case there possibly are some denial issues.
September 21st, 2011 at 8:23 am
Gilroy Alex, you may like rye. It’s kind of like bourbon but less sweet. Jim Beam rye is readily available and worth a try.
To get the full on Scotch experience, try Laphroig. Johnny walker is like water compared to Laphroig – not in alcoholic strength, but with the Scotch smokiness.
September 21st, 2011 at 8:30 am
Back to Palo Alto -
what’s the deal with Gunn vs Palo Alto high? My Chinese friends tell me that Gunn is far superior. The API is barely different, and probably explained more so by the fact that there’s more Asians at Gunn than at Paly.
And what’s up with Barron Park elementary? API only 861? 57 out of 191 students are “Socioeconomically Disadvantaged”? How is this possible in PA? This sounds sarcastic but is not meant to be. Does the trailer park feed into Barron Park?
The final puzzle is that Barron Park feeds to Gunn. So how is it that the worst elem feeds to the best HS? I guess Barron Park is relatively small.
September 21st, 2011 at 8:34 am
I’ve answered some of my own questions. The trailer park is in the Barron Park area.
but the mystery of Gunn vs Paly remains.
September 21st, 2011 at 10:26 am
I suspect it’s an old versus new money thing going on.
September 21st, 2011 at 10:37 am
SEA (#13, comment released today), Daphne’s been remodeled, but I suppose my question is “why”? A flip. In East Palo Alto, near (but not next to) the freeway.
Grant is actually worth the Burbed treatment. It looks craptacular.
September 21st, 2011 at 6:56 pm
“Daphne’s been remodeled, but I suppose my question is “why”? A flip. In East Palo Alto, near (but not next to) the freeway.”
We will see just how successful that flipper is. We all know that a few properly placed azaleas are worth it, even if the price has increased by not a lot of money. It’s tough to make a lot of money when the total price increase, before costs, is less than a lot of money.