May 1, 2013

Does a non-RBA street name cancel out the city?

We are done with the April blogging challenge, so let’s get back to what made Burbed what it is: ridiculously overpriced crapboxes! And what better place to find it than in our very favorite city, Palo Alto?  Thanks much to Burbed reader Pizzawillcome for this, um, thing you could seek shelter in if you absolutely had to.

130430-stockton-redfin3375 STOCKTON Pl
Palo Alto, CA 94303
$1,299,900

4 Beds
2 Baths
1,716 Sq. Ft.
$758 / Sq. Ft.
Built: 1958
Lot Size: 6,400 Sq. Ft.
On Redfin: 52 days
Property Type: Detached Single Family
Community: South Palo Alto
MLS#: 81307408

Classic Eichler home with central atrium. Nice backyard. Large utility room can also function as a den, office, or playroom.

Here’s why Pizza sent in this house:

I didn’t pull the trigger on this one, and now it is back! Same pictures as a month ago. Gotta burb-alert it now.
Unfolded laundry on the couch and floor, littered stuffed animals and toys. When I get bored with overly staged houses, I think of this one.

Fortunately, the Redfin agent has some useful comments to share as well!

130430-stockton-redfin-agent

Original condition! That’s excellent news! None of those second-rate replacements of vintage pressboard walls.  But these photos just sell the house, don’t they?

130430-stockton-kitchen130430-stockton-dining130430-stockton-tables130430-stockton-tv

And note how the use of light draws your attention in to all the details.

130430-stockton-bedroom130430-stockton-bedroom2130430-stockton-living130430-stockton-yard

That is, if you can see them. This technique seems to work just as well in the outdoor shot of the yard, demonstrating just what kind of a professional we’re dealing with.

So, if a house is for sale in the Real Bay Area, but it’s on a street named for somewhere that is Most Certainly Not In The Real Bay Area, how high will the overbids be?

Comments (18) -- Posted by: madhaus @ 5:01 am

18 Responses to “Does a non-RBA street name cancel out the city?”

  1. Petsmart groomer Says:

    The one sale in Palo Alto that does not go through. On Stockton place. Coincidence?

  2. z2amiller Says:

    I think the problem is that this house is not in RPA (Real Palo Alto), just look at how close it is to 101!

  3. nomadic Says:

    This listing represents burbed perfectly. Nothing says “contempt for today’s PA buyers” than a listing from a VERY long-time resident (or his/her heirs) with cluttered, shitty pics. The icing would be if the realtard is related to the seller.

  4. nomadic Says:

    Aha, found the tell in the listing: tenant’s rights. Ok, the clutter should be forgiven.

  5. Single Pane Lass Says:

    Seriously, this could be a great house. The comment about original condition was perhaps meant to be snarky but I’d take original over the unfortunate 80s renovations in my Likeler any day.

  6. steve Says:

    I haven’t been tracking the market like I used to, but I’d guess this will sell for $1.6M or a little more. really curious how it fell out of firm escrow. it is very rare to see a contract break after it is pending without release.

    stepping up to a better zip code, has anyone seen http://www.redfin.com/CA/Palo-Alto/435-Coleridge-Ave-94301/home/592010 ?

    Apr 04, 2013 Listed (Active)$17,250,000
    Oct 26, 2006 Sold $5,620,000

    that’s a lot of landscaping

  7. CB Says:

    That is posh. Exactly what $300,000 in yearly income should get you.

  8. herpderp Says:

    Is that a Kitty Hanging Out (KHO) on the bed there?

  9. Real Estater Says:

    Buyer probably offered way over asking, and couldn’t come up with the cash to cover the difference with the appraisal amount. To win in this market, you need to offer above market, and have the cash to cover the overage.

  10. Tracy Tea House Says:

    You could head over to E San Jose, It’s “Quite” a house.

    http://www.zillow.com/homedetails/41-Alexander-Ave-San-Jose-CA-95116/19721725_zpid/?z&utm_source=email&utm_medium=email&utm_campaign=emo-savedsearch-address

    Relief from clutter in a little crap shack.

  11. Petsmart groomer Says:

    I have to give credit where credit is due: taking such dark pictures in an Eichler requires certain skills.

  12. CB Says:

    To win in this market…

    Living in this for 6k/month is losing.

  13. Real Estater Says:

    Sold for $1.56M. Welcome to Palo Alto!

  14. SEA Says:

    Some people paid over $700 for Apple.

  15. Petsmart groomer Says:

    > Some people paid over $700 for Apple.

    And some sold for $700.

  16. SEA Says:

    #15- Yes! “Sold for $1.56M. GOODBYE to Palo Alto!”

  17. Petsmart groomer Says:

    See this one for another example of Real™ overbidding: http://www.redfin.com/CA/Palo-Alto/2916-Bryant-St-94306/home/1291372

    Asking $1.4M, sold for $1.9M.

  18. SEA Says:

    More than 33% over asking? Does the listing REALTOR deserve any compensation?


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