December 30, 2011

House are now affordable in Mountain View

110 COLLEGE St
Mountain View, CA 94040

$434,900

image

<snarky comment> <sarcastic comment> <snarky comment>

Wait a minute, this feels like déjà vu ALL OVER AGAIN.

Oh this is why:

December 7, 2009

House are now affordable in Mountain View

110 COLLEGE St, Mountain View, CA 94040 | MLS# 80945064
$499,950
110 COLLEGE St Mountain View, CA 94040

110

Wow, what’s up with this! This house is still on the market after all this time? Please, for the love of god, could someone just buy this house and put it out of its misery? It’s time to bring this to a close!

Someone, make it your new year’s resolution to buy this house ASAP!

Comments (11) -- Posted by: burbed @ 5:50 am

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

  1. z2amiller Says:

    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:

    Cute two bedroom one bath with pergo flooring.

    Cute?!?

  3. PKamp3 Says:

    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:

    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:

    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:

    #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:

    “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:

    #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:

    #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:

    #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:

    [...] 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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