11 Responses to “House are now affordable in Mountain View”

1. z2amiller Says:
   December 30th, 2011 at 9:06 am

   Wow, I can’t quite tell if this house is actually touching the one next to it. 2500sqft lot is pretty brutal. I am kind of surprised at the bars on the windows, although that little neighborhood is a little strange. You’re right next door to what looks like an old farmhouse – looks like a pretty big lot with some rusting out old vehicles up on blocks. You have to wonder about people who are sitting on a falling-down 700sqft house on a 10,000sqft lot that they probably could have sold for >1mm or developed into a stack of 3-4 sandwich houses like the ones next door. Also from what I hear, the corner lot there, right against the train tracks, connects to a path that runs back along the tracks and is a cut-through for the clumps of apartments and condos to the west — so there might be a little more foot traffic from the kind of people who would prefer to walk on an unlighted path next to some train tracks.

2. Petsmart groomer Says:
   December 30th, 2011 at 9:35 am

   Cute two bedroom one bath with pergo flooring.

   Cute?!?

3. PKamp3 Says:
   December 30th, 2011 at 9:39 am

   Don’t forget – Steve Jobs lived in Mountain View as a child (the Jobs family eventually bolted for better schools…). All you need is a house in the Bay Area and a garage and you too can start a tech company!

4. madhaus Says:
   December 30th, 2011 at 4:45 pm

   Is Redfin down? I can’t view the details for the house, but who knows what this hotel internetz filter is doing.

   I like how the house is now $60K cheaper, plus the description isn’t shouting at me anymore.

5. bmwman91 Says:
   December 30th, 2011 at 7:00 pm

   GAG! Single-nostril snout house!

   Snout hoses are nasty to begin with, but when the snout is a single car garage it makes me want to burn the ugly fucker down. I guess it isn’t the house’s fault that it was built on a lot that approximates a pencil’s aspect ratio, but it still makes me rage a little to look at it.

6. nomadic Says:
   December 30th, 2011 at 7:26 pm

   #4, it’s working now. The house is a REO now. A little ironic, because the last agent made a point of saying it wasn’t a short sale or REO. It was foreclosed for a bit over $400k in July.

7. SEA Says:
   December 30th, 2011 at 8:58 pm

   “The house is a REO now. A little ironic, because the last agent made a point of saying it wasn’t a short sale”

   Sure, at $500k it wasn’t short…

8. ms Says:
   December 31st, 2011 at 6:21 pm

   #1:
   You have to wonder about people who bought for $197K in 1997, then got foreclosed on for $400K in 2011.

   #7: At $500K, it wasn’t short — foreclosed value was $400K.

9. SEA Says:
   December 31st, 2011 at 8:59 pm

   #8- “You have to wonder about people who bought for $197K in 1997, then got foreclosed on for $400K in 2011.”

   I have no wonder about it: The easy life is over.

   $197k at 5% negative amortization for 14 years is roughly $400k. [=72/5] The so-called owner received as much cash as he paid over the 14 year period. Sure he might have purchased a few light bulbs and a bottle or two of Drano, but the total equity extraction approximates the purchase price plus all interest.

10. nomadic Says:
    December 31st, 2011 at 10:52 pm

    #9, that’s what I call a sweet deal: a free house to live in for 14 years.

11. UPDATED: Snout Housing: Threat or Menace? [Burbed.com] Says:
    December 15th, 2012 at 10:17 pm

    [...] is better than the usual snout house, because it has bunus snout.  Contrariwise, on the right is a Mountain View maisonette, or as Burbed reader bmwman91 put it, a “single-nostril snout [...]

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