September 22, 2011

So much space for so little money

Here’s another East San Jose treasure thanks to Burbed reader Tracy!  Sure it’s an overpriced crapbox waiting to pull anyone who grabs it deep underwater.  Yes, there’s some amusing mistakes in the listing copy.  But it’s so much more than that!

 

10759 HUBBARD Way, San Jose, CA 95127
$399,000

image

BEDS: 4
BATHS: 2
SQ. FT.: 1,786
$/SQ. FT.: $223
LOT SIZE: 10,450 Sq. Ft.
PROPERTY TYPE: Detached Single Family
STYLE: Traditional
STORIES: 2
YEAR BUILT: 1974
COMMUNITY: Alum Rock
COUNTY: Santa Clara
MLS#: 81138824
SOURCE: MLSListings
STATUS: Active
ON REDFIN: 6 days

Fantastic opportuniy to make this house your dream home! Private balcony off master bedroom. HUGE bonus room opens to the ovesized deck with views of San Jose – great for entertaining. The sloped lot is tiered and waiting for your choice of landscaping! Mature trees provide a sense of privacy, yet your just minutes away from Shopping, dining, schools & freeways. So much space for so little money.

imageHere’s what Tracy had to say about this property:

I enjoyed the POV of the agent, focused on the bottom ¾ of the house. Also the great artistic Cypress tree shot. The wood floors do look amazing…The rest, not so much!

Whoa, does this agent have a sixty pound lens on that camera or something?  This is indeed a very bottom-heavy view of a property.

Let’s have a look at some more of the pictures.  Sometimes taking a new perspective brings out the hidden qualities of a place.

imageimageimage image

imageThis agent is a clearly misunderstood artist, the inverse of Edgar Martins.  None of these images was manipulated, because none of them needed to be.  They made their statement without any extra help.

And that statement is: If you want to buy this house, then watch your step carefully.  Very, very carefully.


Comments (10) -- Posted by: madhaus @ 5:04 am

10 Responses to “So much space for so little money”

  1. SEA Says:

    Sold in September 2006 for $750k? February 2011: “This home was sold at a foreclosure auction” for $428k. That’s an average of only $64k per year, or a little over $5k per month, not including all the other expenses.

    Don’t worry, this has nothing to do with the RBA, no matter how close.

  2. sfbubblebuyer Says:

    Man! Look at that haircut! Bought for 750k, foreclosed for 428k, and now REO for sale at 399k.

    If you don’t mind the Eastern Foothills, it doesn’t look like a terrible location. Anybody know if that hood is a dive or not?

    Also, are those fecal stains on the carpeting?

  3. SEA Says:

    Carpeting? That’s wood flooring: plywood.

    I can easily imagine the last owner saving up for a few years to buy this fine place, and then, suddenly, there’s nothing left for him. How many years did this purchase decision set the last owner back?

  4. SEA Says:

    Perfect new service for the RBA: “You pay more for everything you buy.”

    http://www.paycomonline.com/audio/Foupon.mp3

  5. sonarrat Says:

    This is a nice ‘hood, the problem is the ‘hood you have to go through to get home. Alum Rock from 680 to White is dicey as hell.

  6. madhaus Says:

    Oh rats, I forgot to link to a good discussion of Edgar Martins. I had written something up about him for a weekend story and moved it. He was commissioned to take a bunch of pictures of abandoned McMansions and other bubble excesses and it turned out he had shopped the hell out of all of them, in fact his entire oeuvre was shopped from start to finish, but he’d always claimed he didn’t do any post-processing. Um, he lied.

    We’ll cover his work soon, even though he didn’t visit the RBA.

  7. The Gilroy Alex Says:

    On a street named after the child-raping murderer L. Ron Hubbard, and FYI I’m convinced that that stain is what’s left of the rotting body of the erstwhile owner who collapsed and died after trying to live on “cal-mag” for a month.

    As for the ‘hood you have to go through to get in and out, armor up! In fact, “hardening” vehicles is a booming business right now. If you can’t stand body fluids so using this place to do snuff films is out for you, there’s another biz you can go into. And like the Second Chance body armor guy, who’s shot himself to demo it’s effectiveness, people will believe you do a good armor job given the ‘hood you drive through 2X a day.

  8. sfbubblebuyer Says:

    Are you sure it’s not named for L Ron’s old mother?

  9. Real Estater Says:

    If you look at the rich people in Congress, you’ll see a common theme: Plenty of their net worth come from real estate. For examples:

    http://www.cnbc.com/id/44501966?slide=3
    http://www.cnbc.com/id/44501966?slide=4
    http://www.cnbc.com/id/44501966?slide=5
    http://www.cnbc.com/id/44501966?slide=8

    Basically, real estate is the most reliable vehicle to create wealth. It’s been proven over and over again.

  10. Edgar Martins, Artist or Real Estate Professional? | Burbed.com Says:

    […] while back, we featured this home with WYSIWYG photography that didn’t pretty up a thing.  Remember this place in East San Jose with the really […]


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