May 24, 2012

UPDATED: High price, less space to maintain, almost $3 thou a foot!

Let’s look at another seven-digit property in the Best Place in the Universe, Palo Alto!  Thanks very much to Burbed reader dollarbin for this item, which will definitely have lower gardening bills than yesterday’s home.

The update is at the end of the article, and it’s important.

3424 COWPER Ct
Palo Alto, CA 94306
$2,890,000

cowper-3424-redfin

BEDS: 6
BATHS: 5.5
SQ. FT.: 990
$/SQ. FT.: $2,919
LOT SIZE: 6,102 Sq. Ft.
PROPERTY TYPE: Detached Single Family
STYLE: Contemporary
STORIES: 3
YEAR BUILT: 1952
COMMUNITY: Midtown
COUNTY: Santa Clara
MLS#: 81216133
SOURCE: MLSListings
STATUS: Active
ON REDFIN: 1 day
NEW LISTING (24 HOURS)

Two blocks from elementary & middle schools, Mitchell Park & public library. Corner lot on cul de sac court. Living room with high ceiling & huge windows; wired for surround sound. Big gourmet kitchen with granite counters & island, Subzero fridge. Eating nook opens to backyard. Brazilian cherry hardwood floors. Formal dining. Powder room. Large bedroom with full bath (possible in-law suite).

120523-cowper-livingroomHere’s why dollarbin sent in this six bedroom behemoth on just 6100 square feet:

This is probably a typo and will be corrected soon but…

6 BR
5.5 BA
990 Sq Ft?

120523-cowper-emptyroomI’ll save a screen cap in case they change it.

And it’s a good thing you did, dollarbin, because there were changes made to the listing on May 14th.  Does that mean the $2,919 per square foot price sat there on MLS for two entire weeks or was the realtard fiddling with this listing a little at a time?

Here are the changes to the listing:

SQ. FT.: 990 3,853
$/SQ. FT.: $2,919 $750
YEAR BUILT: 1952 2006
ON REDFIN: 1 day 21 days

Two 2 blocks from elementary & middle schools, Mitchell Park & public library. Corner lot on cul de sac court. Living room with high ceiling & huge windows; wired for surround sound. Big gourmet kitchen with granite counters & island, Subzero fridge. Eating nook opens to backyard. Brazilian cherry hardwood floors. Formal dining. Powder room. Large bedroom with full bath (possible in-law suite). Guest suite (or 2nd Master suite) with full bath.

He actually changed “Two” into “2.”  Talk about brilliant editing, along with remembering that the house is 54 years newer!  And you want to see another divergence from the public record?  Take a look at this:

120523-cowper-public_facts

120523-cowper-backyardLooks like the agent found both an extra bedroom and an extra story that the county doesn’t know about.  What’s all those unfinished square feet, an eight-car garage?  Why are the property taxes less than one percent of the valuation?  So many questions!

So with all that Facebook money floating around, why is this home still for sale?  Perhaps multimillion dollar Midtown homes circa 2006 aren’t what the market wants?

Update 9:32 AM: The house was delisted yesterday and relisted today by a different agent and broker for $2.75M.  Now take a look at it, after the break!


3242 COWPER Ct
Palo Alto, CA 94306
$2,750,000 (reduced from $2,890,000)120524-cowper-relisting

The listing copy is all new, as are most of the photos, as are these changes:

120524-cowper-livingroom-reshootBEDS: 6 7
$/SQ. FT.: $750 $714
STORIES: 3 2
VIEW: Neighborhood
YEAR BUILT: 2006 1952
MLS#: 81216133 81219540
ON REDFIN: 21 days 1 day 
NEW LISTING (24 HOURS)

Ideally located near Mitchell Park this beautiful, newer construction home boasts a bright & inviting living room, granite gourmet kitchen w/ breakfast nook, separate dining area & spacious basement family room/media room w/ sliding doors to a slate light well patio area. Lush lawn surrounds the home w/ colorful flower border, fragrant rose bushes & slate terrace & patio – ideal for entertaining.

120524-cowper-backyard-reshootDespite getting rid of the invisible third floor, they managed to find another bedroom!  By the end of the month, this place is going to be bigger than the Vampire Frat House!

Now compare the living room photo (above) to the previous one.  It appears to be the same shot recropped, but check the different reflection in the 120524-cowper-hallwaymirror, the different shadows, etc.  This is a new photo taken from the same angle. 

They’ve also decided to skip the photo of the subterranean patio and the new backyard shot (left) used a different lens size to make it look larger than the old photo.  Cropping out the limit of the rear fence does the trick, as does hiding it in shadow.

If the sellers fired their previous realtard for all those mistakes, I guess they’re not going to be too happy with this one reverting to 1952 construction.

Comments (12) -- Posted by: madhaus @ 5:09 am

12 Responses to “UPDATED: High price, less space to maintain, almost $3 thou a foot!”

  1. Tom Stone Says:

    WOW! That agent lives 20 minutes west of reality ( I stole that line from a listing description). High end home prices in my area (Sonoma County) are all over the map, one I saw recently was overpriced by $800k-$1MM, asking price was $2.5MM. And even stranger, the best and best priced place I have seen in the $2.5MM-$3MM range has not sold. You have to make an appointment to see it and it isn’t visible from the road but I still can’t figure out why it hasn’t sold.

  2. Petsmart groomer Says:

    > I still can’t figure out why it hasn’t sold.

    ……

  3. dollarbin Says:

    Ah, it makes sense now. 990 sq. ft. must have been the size of the original 1952 structure they razed around 2006 to McMansionize this property. Zillow has the history, sold in 2003 for $735K.

  4. SEA Says:

    “Stop by to enjoy lunch & lattes!”

    * Friday, May 25, 2012 9:30 AM – 1:00 PM
    * Saturday, May 26, 2012 12:00 PM – 5:00 PM
    * Sunday, May 27, 2012 12:00 PM – 5:00 PM

    “Ideally located near Mitchell Park this beautiful, newer construction home boasts a bright & inviting living room, granite gourmet kitchen w/ breakfast nook, separate dining area & spacious basement family room/media room w/ sliding doors to a slate light well patio area. Lush lawn surrounds the home w/ colorful flower border, fragrant rose bushes & slate terrace & patio – ideal for entertaining.”

  5. madhaus Says:

    I’m going to have to update today’s article. It’s been relisted TODAY, the price has been reduced a little, but most importantly, the house has grown another bedroom.

  6. nomadic Says:

    The “new” listing (on the market just one day!) is back to 2 stories and had a $140k price cut.

  7. nomadic Says:

    madhaus, the house is so huge they just can’t keep track of all those bedrooms… Or the realtard simply can’t count.

  8. madhaus Says:

    Yeah, this is one of those houses with a reality distortion field that scrambles realtards’ minds so the facts are always in dispute.

    That’s very cutting edge construction for 1952.

  9. nomadic Says:

    SEA (#4), that must be a specialty of that brokerage. Check out another one of their listings:
    http://www.redfin.com/CA/Redwood-City/46-Murray-Ct-94061/home/1916001

    Lunch and Lattes this weekend!

  10. SEA Says:

    Hopefully the bathrooms are properly stocked.

  11. Faux Estater Says:

    Once I saw a movie named ‘Omen’. In the movie plot, the photograph taken by a photojournalist’s camera used to show the signs of fate of the person – what would be happening in future.
    Looking at the first picture of this listing reminded me that movie. What is that white layer on the sky? Is that the water level of flood? After all the whole Palo Alto is in flood zone and aquifer level is only 4-8 ft.

  12. Real Estater Says:

    Why are we still talking about Palo Alto? Look at how many posts focus on just 1 city, which just about nobody here lives in.


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