December 18, 2012

They call it Flipper, Flipper, King of the Offer

Who likes a nice, hot breakfast? Okay, who likes a nice, hot fresh breakfast? No mawbul kawlums, but this listing is only 11 days up, and what a history!  Our thanks to Burbed reader waiting for the fall for this nice nest in Newark!

Yes, even houses in Newark are going pending in a week.  What can we say? The bubbly is BACK!

121217-haley-redfin35726 HALEY St
Newark, CA 94560
$389,000

3 Beds 
2 Baths 
1,100 Sq. Ft.
$354 / Sq. Ft.
Built: 1961 
Lot Size: 6,000 Sq. Ft. 
On Redfin: 11 days
Status: Pending
Type: Detached
Stories: 1
County: Alameda
Style: Contemporary
Community: Newark
MLS#: 40597759

Completely renovated; Charming single story home; Updated kitchen with stainless steel appliances and granite countertops; Brand new flooring and carpet; Freshly painted inside and out; New roofing; Large driveway; Beautiful deck with covered patio for outdoor parties.

121217-haley-kitchenHere’s why wftf sent this reverse snout-house in.

Check out this house in Newark.  It’s been flipped more than a pancake!

When we make pancakes, we only have to flip them once.  And they stay flipped.

 

 

121217-haley-history

Stainless and granite.  In Newark.  We’re thinking if they’re going to decorate like it’s 2005, maybe they should price it like it’s 2005 too.

Comments (13) -- Posted by: madhaus @ 5:06 am

13 Responses to “They call it Flipper, Flipper, King of the Offer”

  1. SEA Says:

    CRAZY!

  2. mabeldu Says:

    would you like syrup with that?

    why no mention of the choochoo tracks 100′ away? that must be a selling point in newark. jump a train and travel the country…

    saying that place is overdone for the neighborhood is just stating the obvious; but i do what i’m good at.

    when are flippers going to realize that basic granite & stainless are passe’ ?

  3. SEA Says:

    “when are flippers going to realize that basic granite & stainless are passe’ ?”

    Let me remind you: Pending!

  4. nomadic Says:

    The most recent sold flip nearby (exact same square footage and lot size) sold in July for $270k – even with granite and cherry cabinets.

    http://www.redfin.com/CA/Newark/6721-Normandy-Dr-94560/home/856193

    Is pic #7 for this house a bedroom (guessing because of the closet doors) or the garage (because of the shiny, concrete appearance of the floor)? Hmm, that could be a laundry tub in the closet, so I guess it’s a garage. Darn.

  5. SEA Says:

    “so I guess it’s a garage. Darn.”

    The attached or detached garage?

  6. waiting_for_the_fall Says:

    I’m seeing more and more homes in Newark being flipped lately. The flippers bought just 1 to 2 months before, then sell for 100k+ more than they bought.

    Flipping is working in Newark because there is so little inventory available.
    If you check the shadow inventory on zillow for Newark (less than 450k), there are 75 homes in pre-foreclosure/foreclosed/aution status, but less than 10 on MLS.
    Government intervention at work!

  7. nomadic Says:

    What difference does it make?

  8. sfbubblebuyer Says:

    When we make pancakes, we only have to flip them once. And they stay flipped.

    I thought this exact same thing. If you flip your cakes more than once, you’re doing it wrong. VERY wrong. Much like this house!

  9. Petsmart groomer Says:

    Here is a flip in San Francisco.

    A year ago, Redfin agents were saying: “Roof and at least one bathroom appear to be leaking at various spots, leading to some rot in the walls and floorboards – some junk needs to be removed from the garage.” and “The interior – a complete fixer.

    Now it is for sale for $600k more than 7 months ago, when it sold for only $400k.

  10. nomadic Says:

    I’m impressed the flippers were able to bribe everyone for permits and still get the work done so fast. ;-) I don’t think a project that big, on Van Ness, could fly under the radar.

  11. SiO2 Says:

    For those who don’t like granite counters, what do you prefer? I’ve put granite counters in the place of crumbling tile, as the grout is hard to keep clean. The granite large smooth surface is better for cleaning.
    Other choices?
    Stainless: practical, but looks like a commercial kitchen
    Formica: scratches, not heat resistant
    Corian: nice smooth surface, not heat resistant.
    Concrete: smooth surface, must be sealed to prevent staining
    Butcher block: will get moldy over time with water exposure

    So what am I missing? It seems that granite slab is the most practical for those who use the kitchen.

  12. nomadic Says:

    Granite or Silestone and its equivalents are the most practical. I had a butcher block counter in my last house and mold is not a worry. The main drawback is that it can stain and needs a little oil rubbed in periodically.

    It’s funny how Formica was the default counter surface for maybe 30+ years and now scratching is cited as its worst attribute. The counters in my parent’s house looked fine after 25 years of use. They just look kind of cheap; I think people have just gotten more picky.

  13. Home Designers Says:

    Really The bubbly is BACK.Thanks for Sharing.

    Bubbly is BACK so much we got spammers from Australia. –ed.


Leave a Reply

Please be nice. No name calling, no personal attacks, no racist stuff, no baiting, etc. Let's be nice to each other in the true Bay Area spirit! (Comments may be edited/removed without notice.)