October 4, 2012

Special Debate Edition

It’s that time of year, where we watch a couple of politicians make a series of speeches talking past each other, trying to convince you to vote against the other guy. In honor of last night’s Presidential debate, we have two homes for your consideration.  Let us know which one you think is the “winner.”

Wearing the green trim, this house from the powerhouse of Palo Alto is either rolling out the red carpet or sticking its tongue out at you.  It confidently flies the Redfin flag.

121003-addison-redfin253 ADDISON Ave
Palo Alto, CA 94301

2 Beds 
1 Baths 
1,164 Sq. Ft.
$764 / Sq. Ft.
Built: 1933 
Lot Size: 6,272 Sq. Ft. 
On Redfin: 147 days
Property Type: Detached Single Family
Stories: 1
Community: Downtown
MLS#: 81217474
Style: Cottage/Bungalow
View: Neighborhood
County: Santa Clara

TFT. Leasehold. $100,000 Reduction. Charming 2 Cottages on Beautiful Roses Garden. Walk to Downtown Palo Alto. Hardwood Floor. Double Paned Windows. French Doors in Living Room Open to Dinning Room. Sun Room with Custom Built-In Bench. Remodeled Kit & Bath with Stone Slab Counters. Fruit Trees. Mo/Mo Rental for Back Cottage. Leased Land w/ 54+yrs left. Downtown Living at a DISCOUNT!Better Alternative than Condo.

And built like a brick… um, chimney, this entry in hot, hot, HOT Mountain View won’t pull out of the debate just because the agent pullled its listing.  We found photos on Zillow, so all is fair.  And it also welcomes you to the debate, giving you two different welcome walkways!

121003-starr-zillow60 Starr Way
Mountain View, CA 94040
Not for Sale

Zestimate $905,916
Rent Zestimate $2,581/mo

Beds: 2
Baths: 1
Sqft: 1,049
Lot: 6,875 sq ft / 0.16 acres
Type: Single Family
Year built: 1949
Construction quality: 6.0
County: Santa Clara
Garage sqft: 360 
Last remodel year: 1949 
Legal description: TRACT 261 BROOKDALE BOOK 13 PAGE1 10 PAGE2 11 LOT 51
Lot depth: 125 
121003-starr-binLot width: 55 
Parcel #: 18904021 
Per floor sqft: 1,049 
Total rooms: 4 
# Stories: 1 
Structure type: Other 
Unit cnt: 1 
Zillow Home ID: 19529422 

Developers Dream! This 2 bedroom 1 bath, home sits on a6,800sqft lot with plenty of potential. Located in a prime location of MountainView with nearby shopping on Castro Street. Looking for a fixer upper Location,Location, Location! Bring your hammer, nails and imagination!

121003-addison-cottageStarr starts out with a trash bin.  That’s going to be tough for Addison to counter with just a rented cottage in the back “yard.”

But wait, Addison’s on leased land!  Try finding any of that in Mountain View! Even Google hasn’t dared that trick to sneak employee housing by the City Council!

What’s Starr going to do now?  Oh, oh, speaking of Google, it’s reaching for teh interwebz, and… here’s the Redfin page!


That one’s going to leave a mark.  Streetview trashbins, plus it’s not for sale at any price. And when it was for sale, the asking price was $800,000.  That means $762 a square foot, or essentially the same as Addison.

And the winner is… which listing copy interrupted more?

Comments (17) -- Posted by: madhaus @ 5:09 am

17 Responses to “Special Debate Edition”

  1. dollarbin Says:

    I’d say 54 years in Palo Alto > eternity in Mountain View, that’s RBA math simple and pure. I didn’t realize you could have land lease deals inside city limits, I thought that was something for cabins grandfathered on National Forest land.

  2. mabeldu Says:

    i vote for neither. isn’t there a house on Nader i can vote for instead?

  3. SEA Says:

    Normally RBA property doubles in value about every 7 years, but in no case later than 10 years. In 10 years what will the selling value of that fine Palo Alto leasehold be?

    Also does living in that fine property automatically qualify one for burial within the city limits of Palo Alto? Or is it 54+ years of being a rentard?

  4. black_dong Says:

    Is >700$/sq. ft normal and accepted? Seems so surreal.

  5. dollarbin Says:

    #4: Welcome to the site! $700/sq ft is a bargain for downtown Palo Alto.

  6. Divasm Says:

    #2 – Everyone knows that a vote for Nader is as good as a vote for Addison.

  7. SEA Says:

    Welcome to California!

  8. Long_schlong Says:


    The sheeple will pay anything to live on the right side of the street in the REAL Bay Area.

  9. Real Estater Says:

    Speaking of voting, I personally will not vote for any politician who want to impose additional tax on people making over $250K. $250K is not a lot of money in the Bay
    Area. People at this income level are middle class folks working 45-60 hours a week to make ends meet. Why should these people bear the burdens to pay for irresponsible spending and wars of choice started George Bush? If there is a real need to raise taxes, let’s be honest about it and tax people across the board.

  10. Alex Says:

    Of course, you numbnut.

    If 500K is not a whole lot of money, then 250K is not even a half lot of money.

  11. Real Estater Says:

    When you entertain guests at your house, is anybody going to ask you whether the land is owned or leased?

  12. madhaus Says:

    #11 they ask if you are a rentard or pwn3d.

  13. nomadic Says:

    The ONLY thing that matters is what other people think. The underlying “investment” and the implications (horrors! you can’t leave the property to your heirs!) suddenly don’t matter at all? That’s f*cked up.

  14. Petsmart groomer Says:

    nomadic, let the troll troll.

  15. Claire Says:

    Starr sold for $950,000 with 10 offers

  16. Claire Says:

    Or somewhere close to that figure – I do not know the exact details

  17. Claire Says:

    Let’s just say Mountain View is very bubbly

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