May 9, 2013

You will own the house that everyone talks about

Let’s continue looking at some homes untouched by Bay Area Bubble 4.0 fever!  Thanks very much to Burbed reader dollarbin for this fantastic find: over 200 days on the market and wait until you see the price history! Amazing!

130508-83rd-redfin1915 83RD Ave
Oakland, CA 94621
$189,000

3 Beds
2 Baths
1,526 Sq. Ft.
$124 / Sq. Ft.
Built: 1963
Lot Size: 5,400 Sq. Ft.
On Redfin: 210 days
Type: Detached
Stories: 1
County: Alameda
Style: Custom
Community: East Oakland
MLS#: 40592548

Come and see this custom built Eichler in Oakland. You will own the house that everyone talks about. This house is an architectural masterpiece and the additional master bed and bath make it incredible. This is the only Eichler in this part of Oakland. Open House April 6th, 10 AM- 12PM.

130508-83rd-saluteHere’s what dollarbin thought of the place:

I’ve been sitting on this one for quite some time and it’s finally pending but as a short sale, I bet it will have a long luxurious escrow.  Check out the listing price history, more ups and downs than a whack-a-mole game. Bring on the Eichler lovers!

There’s so much to salute about this property, it’s hard to figure out where to start the rollout.  How about we take a look at all the attractive price points it has offered in search of the One True Buyer.

130508-83rd-history

No wonder it’s selling shortly!  Don’t miss the Open House, either! Um, whoops.  Hey, this is the only Eichler in this part of Oakland!

Comments (10) -- Posted by: madhaus @ 5:09 am






April 24, 2013

Ultimate Upwardness: Union City!

BlogAtoZ-UAs we move Unto the remainder of the alphabet, our regular readers may be Upset with our Undue Urgency in Upholding this Blogging from A to Z Challenge. Uh-Uh-Uh! Remember, we’re here to help, and that means finding anywhere in the Bay Area where prices are Up. 

Uh, right now that’s, Um, pretty much all of it.  Today we’re more Understanding of just how many places are Undulating Upwards, even the Underfunded, Underdeveloped, or Underhyped Urban Uniqueness that is… Union City.

Not even pending yet. Urrah!

130423-smith-redfin3771 SMITH St
Union City, CA 94587
$449,950

3 Beds
1.5 Baths
1,216 Sq. Ft.
$370 / Sq. Ft.
Built: 1953
Lot Size: 7,740 Sq. Ft.
On Redfin: 1 day
Type: Detached
Stories: 1
County: Alameda
Style: Custom, Ranch
Community: Alvarado Dist
MLS#: 40611658

Welcome to this fine home with so much to offer, new carpet, frest paint inside, large lot with access to rear from front with drive through garage. This home is zoned residental and commercial buyes should check on what type of business can be placed should that be the use selected.

130423-smith-kitchen130423-smith-paintjob130423-smith-living130423-smith-seethru

So many Uses, yet zoned residental.  Say “Ugh!”

Comments (1) -- Posted by: madhaus @ 5:08 am

April 21, 2013

Open Houses, Open Threads, Open Minds, Open Wallets

130420-fallon-redfinToday is Sunday! That means better hurry up and make the most of Spring Bounce by visiting as many Open Houses as you can today.  It also means we put the alphabet away until Monday.

This particular house on the left isn’t listed as Open and probably won’t be, because it’s selling shortly.  The bank knows a lot more about it than the FB who wasn’t getting the monthly nut met.

130420-fallong-psychic

130420-fallon-tower130420-fallon-crisisAnd you don’t have to be a psychic to get that banks expect mortgages to be paid back.  Too bad this resident didn’t sense that sudden change in their domestic affairs. 

Here’s the most real estate-related card in the Tarot.  The Tower represents sudden change, release, downfall or revelation. Yes, that definitely sounds like a ride on a Bay Area Real Estate Bubble.

Thanks very much to Burbed reader Petsmart Groomer for observing the inherent contradiction in that listing photo.

This is an Open Thread. Share your predictions of where home prices are headed.  Or we’ll just post them for you as we shuffle the cards.

Click here to post a comment -- Posted by: madhaus @ 5:02 am

April 17, 2013

Oh-Oh Or Oops in Oakland

BlogAtoZ-OWe’ll keep today’s Opening On the Outside, Only the Opposite.  Yes, it’s O day in the Blogging from A to Z Challenge, which means we Only do the letters in the Official Order.  On this day we Open Our ears, eyes and Other Orifices in the direction of Oakland. And we’ll keep this One sweet, as it’s selling shortly.

Or rather, it’s Opening On an Oversized Optimization for the Ordained Owner.

130416-peach-redfin9437 PEACH St
Oakland, CA 94603
$69,500

3 Beds
1 Baths
1,080 Sq. Ft.
$64 / Sq. Ft.
Built: 1985
Lot Size: —
On Redfin: 198 days
Type: Condominium
Stories: 1
Community: Oakland
MLS#": 40591208
Style: Ranch
View: Other
County: Alameda

Nice Three bedroom condo with a 1 car garage.

Didn’t they mean this One the Other way ‘round?  Looks like a nice One bedroom condo with a 3 car garage.  Only somebody Omitted the condo part.

If you Object that there’s no pictures of the condo at all (not even the Outside), we Offer the streetview and Orbital scape.  (As always, you have the Option click to Open a bigger One.)

130416-peach-streetview130416-peach-aerial

Comments (7) -- Posted by: madhaus @ 5:05 am

April 16, 2013

Need a New Nest? Now there’s Newark!

BlogAtoZ-NWe’ve Nosed past the first half of the Blogging from A to Z Challenge, and Now we’re on to the New ones. Let’s celebrate with the kind of property Burbed was always Noted for.  Today’s featured property in Newark Needs work.

130415-wells-redfin7419 WELLS Ave
Newark, CA 94560
$299,000

2 Beds
1 Baths
660 Sq. Ft.
$453 / Sq. Ft.
Built: 1895
Lot Size: 6,250 Sq. Ft.
On Redfin: 7 days
Type: Detached
Stories: 1
County: Alameda
Style: Traditional
Community: Newark
MLS#: 40609921

Remodeled 2 yrs ago. Newer copper plumbing and sewer line, newer doors, paint and laminate floors throughout, newer bathroom and most windows are newer. Garage conversion to a studio is being used as rental, Maybe illegal! No knowledge of permits. AS IS Sale only! Only showing 4/13 and 4/14 11-2pm

130415-wells-living130415-wells-dining130415-wells-bath

This is so exciting! Maybe illegal! Or immoral, or fattening. With No Notion of permits, Nothing’s impossible. So Not only is this Nice home available for Not a lot of money, it’s also Notorious!

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

April 9, 2013

Highland Hits the Highest Hella Heights!

BlogAtoZ-HJust because we’re doing the Blogging from A to Z Challenge doesn’t mean we Have to Hold off our Hallowed Habits. One of them is that we welcome contributions from our readers. Heck, we Harangue our readers if they don’t play along. So, today we are Heaving up another letter of the alphabet, and Having a different poster Handle it.

We Hope you enjoy today’s Happening post from Burbed reader bublidoo!  Please give bublidoo a Healthy, Hot Real Bay Area Homecoming with today’s Holy $#*@! House.

130408-highland-redfin1161 Highland Ter
Fremont, CA 94539
$5,493,000

6 Beds
9.5 Baths
9,967 Sq. Ft.
$551 / Sq. Ft.
Built: 2009
Lot Size: 1.64 Acres
On Redfin: 79 days
Type: Detached
Stories 2
Community: Mission
MLS#: 40601026
Style: Custom
View: Bay, City Lights, Hills, Panoramic, Pasture, Ridge, San Francisco, Water
County: Alameda

Panoramic View, Custom Home, Like Living in Taj Mahal, Elevator, 6 Bedrooms-9.5 Bathrooms, Banquet Hall w/ Stage-Seat over 100, All Bedrooms have Full Bathrooms, $150,000 /Crystal Lights and Chandeliers, Stainless Steel Garage & Exterior Doors, Credit Available for Personalizing Your Finishing Touch.

130408-highland-powderLet’s Hear from bublidoo Her/Himself!

Figured eventually you’ll get to H. :-)

This has got to be the butt-ugliest way to spend nearly 5.5 Million bucks. HDR [check] Cawlumns [check]. Granite on the wall [check]. More bathrooms than 130408-highland-fountainbedrooms [check] "Living like in Taj Mahal" [check]. Yeah, that’s right … sooooo much bling it makes a baroque castle look sparse.

But the HDR … OMG, the HDR! The first pic … OMG, seriously, I thought it’s so synthetic looking it must be from a first person shooter or something. This has gotta be the highest DR evar.

More pictures Here, because you gotta Have some kawlums!

130408-highland-kitchen130408-highland-pink130408-highland-columns130408-highland-columns2

Comments (11) -- Posted by: madhaus @ 5:06 am

April 7, 2013

A Day of Rest Should be Observed with Real Estate

Today is Sunday, and that means… no A-Z Blog Challenge today. The schedule’s been set that we do a new letter every Monday through Saturday, and on Sunday you can go to church or look at Open Houses.  Or in the case of this story, courtesy of Burbed reader nomadic, you can combine both.

Judge Rules Against Bay Area Church Leaders In Real Estate Case

130406-vallejo-marqueeVALLEJO (KPIX 5) – A California state judge has ruled against two leaders of a prominent Bay Area church accused of bilking parishioners in an alleged investment scheme.

The judge ruled that General Assembly Church leaders Lacy Hawkins and Michael Parker operated a real estate investment company without a license, in violation of securities law.

KPIX 5 has been investigating Lacy Hawkins and Michael Parker’s involvement in the business deal, that church members said cost them millions of dollars. General Assembly Church has locations in Union City and Vallejo.

Hundreds of parishioners mortgaged their homes and drained retirement accounts on the promise of investment returns as high as 30 percent. Some said they were even promised salvation.

Yes, it’s not enough to have a religious leader in a fraud case, it has to have a realty component. And this one’s actually pretty interesting. Seems this was one of those We’re Here To Run Your Life For You kinds of churches, where you can’t even wipe your nose without permission.

130406-vallejo-churchAnd the Supreme Leader pretty much was ordering parishioners to buy into their real estate trusts or tout them to each other.  The investment vehicles weren’t exactly transparent about the real estate in them.  Unless you count the Woodlands of Ascension project they bought in Louisiana. Which was, mo konmprann, swamp.  Leadership blamed lack of progress on Katrina, but the Army Corps of Engineers said the land was always swamp.

The victims are claiming they were brainwashed into investing with the church’s leaders. We’re imagining just what kind of techniques were used. Maybe “Buy now or you’ll be priced out forever and that, my friends, is the definition of HELL.” 

Also the church leadership quickly realized that paying the real estate agent (who was part of the church) regular commissions for flipping properties was a loser… for them. The agent went from $20,000 a month to $1600 biweekly, as straight salary.  Meanwhile, the church reported to the IRS that they had paid him the commissions, so he owes more than a million in taxes.

The investment’s books were not open to the membership, either, so they didn’t realize that the vehicles were classic Ponzi schemes.

This is an Open Thread. Are you attending religious services this weekend, Open Houses, both, or neither?  And we’ll be back with the next letter in the Challenge tomorrow, G for God. Or Grab. Or both.

Comments (2) -- Posted by: madhaus @ 5:02 am

April 6, 2013

Forestall Foreclosure in Fremont!

BlogAtoZ-FIt’s Day #6 of the Blogging from A to Z Challenge, and these Frackin’ Festivities are a Fantastic Folderol! We’ll leave the weekend open thread until tomorrow, as we have another Fantastic Freehold to Flaunt. But First, a Foreward From our Fabricator.

You’ll be looking Forward to Sunday every day the next 2 Fortnights because that’s the only day off From the A-Z Challenge.  So we’ll Fit the open threads into that Forum.

And now back to our Frequently Fated Flagon of Fail.

130405-greeley-redfin5599 Greeley Pl
Fremont, CA 94538
$250,000

3 Beds
2 Baths
— Sq. Ft.
Built: 1965
Lot Size: 5,918 Sq. Ft.
On Redfin: 4 days
Type: Detached
Stories: 1
County: Alameda
Style: Ranch
Community: Fremont
MLS#: 40609034

Great neighborhood, walk to schools. Short Sale Subject to Lender Approval. Open House Sunday April 07, 2:00-4:00 PM. Call (408)977-1700 recorded message for instructions

Forget the Fone For instructions. Just drive along the Freeway until you Find it.

130405-greeley-aerial

Fine Future. Foreseen For sure.

Comments (3) -- Posted by: madhaus @ 5:07 am

March 23, 2013

Flash sales: DOM <= 1

Want to look at Open Houses but inventory is too low? Here’s yet another reason why Bay Area Bubble 4.0 is in full swing for Spring: Flash sales. Redfin coined this term for a house that’s in contract within 24 hours of being listed.

They also made a list of how many flash sales there have been in the last five months in each of the markets they cover, and San Jose came in 15th out of 15 with 74 quickies. San Francisco didn’t even make the cut at all!  All-time flash sales champion? Phoenix, with 540.

130322-skyline-redfin8271 SKYLINE Cir
Oakland, CA 94605
Sold for $650,000

3 Beds
2.5 Baths
2,090 Sq. Ft.
$311 / Sq. Ft.
Built: 1998
Lot Size: 10,119 Sq. Ft.
Sold On: Dec 26, 2012
HOA Dues: $140/month
Style: Traditional
View: Bay, Greenbelt, Water
County: Alameda
Type: Detached
Stories: Split Level
Community: Skyline/Oakknoll
MLS#: 40598366

Amazing Oakland hills. 3/2.5 w/ extra office space. Incredible living space with 10ft ceilings, beautifully appointed thru/out. Chef’s kitchen with custom island, grnite, countertops, s. s. appliances. Electronic window coverings, deck with bridge views, gorgeous pergola/ backs to open space. Perfect!

This Skyline Circle home in Oakland was a Flash Sale and is featured on the Redfin Blog. It sold quick, and for list price. This is how we know Oakland, even in the hills, is not the Real Bay Area. Everyone knows Real Bay Area homes sell way over asking.  Also RBA homes don’t fester on the market for a year and a half until the Bubble finally blows up again.  The HOA dues are just the sickly sweet icing on the Not RBA cake.

130322-skyline-viewLocation: Oakland, CA
Listed By: Lynda Divito, Redfin
Listed: December 14, 2012
Pending: December 14, 2012
Closed: December 24, 2012
List Price: $650,000
Final Sale Price: $650,000

“This house never even hit the market! We had a brokers’ tour in the afternoon on the very same day the house was to hit the market. A broker came in with his buyers who offered all-cash at full list price and with the quick closing we had requested, making it an easy choice for my clients to accept their offer that same day.” - Lynda DiVito, San Francisco Bay Area Redfin Agent

Planning on visiting any Open Houses today? Let us know of any suitcases full of cash changing hands you see. This is also your Weekend Open Thread, so sky’s the limit!

Comments (3) -- Posted by: madhaus @ 5:06 am

March 22, 2013

Great 3 BR/1 BA home with Tall ceilings! (Buyer to verify)

Who’s priced out forever, and getting more priced out by the minute in Bay Area Bubble 4.0?  Not you! Not when you check out this completely affordable home in Oakmmphf CLOSE TO SAN FRANCISCO. Heck, you could pick up this sweet little lodging on your way home from the grocery store.  Well, you could if there were a grocery store anywhere near it.

130321-85th-redfinUndisclosed Address
Oakland, CA 94621
$133,000

2 Beds
1 Baths
997 Sq. Ft.
$133 / Sq. Ft.
Built: 1905
Lot Size: 3,200 Sq. Ft.
On Redfin: 4 days
Type: Detached
Stories: 1
County: Alameda
Style: Victorian
Community: E Oakland
MLS#: 40607349

Great 3 bedroom / 1 bath home with Tall ceilings! (Public records 2bd/1ba buyer to verify all property information) Spacious family room. Large eat-in kitchen w/ tile flooring. Spacious bath with tiled flooring. Homepath and Homeapth Renovation Approved!

Again with the undisclosed addresses?  Burbed laughs at the idea and discloses them.  We know how to use… teh Google!

130321-85th-joenangela2070 85TH AVE
OAKLAND, CA 94621
$133,000

Single Res | 2 beds | 1 baths | 997 sq. ft. | 3200 acres | 17 days on market | MLS# 40607349
Active
Price : $133,000
Bathrooms : 1
130321-85th-toiletList Date : 03/04/2013
Approx Square Feet : 997
Listed Days Back : 17
Price per sq. ft : $133
County : Alameda
Approx Lot Feet : 3200
Location : 2070 85TH AVE, OAKLAND, CA 94621
Approx Lot Acres : 0.073
MLS# : 40607349
Approx age : 108
Status : New-REO
Homeowner`s Association Fee : -1 / n/a

Anyone know the difference between Homepath and Homeapth Renovation? Don’t ask Redfin. This is below their minimum commission.

Comments (11) -- Posted by: madhaus @ 5:02 am
 
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