October 24, 2013

Those of us about to be sold short salute you

Here’s a fantastic find in Fremont for ya with fab fotos!  Plus, there’s an AUCTION. Oooh, excitement!  Whoops, they already had it. Think it sold?

131023-bowling-redfin34179 BOWLING GREEN Cmn
Fremont, CA 94555
$385,000

HOA Dues: $275/mo.
4 Beds
2.5 Baths
1,474 Sq. Ft.
$261 / Sq. Ft.
Built: 1970
Lot Size: 1,027 Sq. Ft.
On Redfin: 23 days
Status: Active
HOA Dues: $275/month
Style: Traditional
View: Other
County: Alameda
Type: Townhouse
Stories: 2
Community: Northgate West
MLS#: 40633445

This 4 BR and 2.5 BA townhome is convenient to shopping, park and 880. Lots of light in this two story end unit with patio. DP windows. Needs TLC. Finance incentives – Call Nationstar Mortgage 877.825.2432. Open house 10/12 & 10/14 11- 4. Offers to homesearch.com auction 10/18-24th.

Oh oh.  View is usually “Neighborhood” unless it’s something awesome such as “Golden Gate Bridge” or “Mountains” or “Skyline.”  What do you think an “Other” view is? Is this house appearing on Point/Counterpoint?

Then again, with real estate photography this poignant, this house is more likely to show up on some Reality (not Realty) show such as Real Housewives of Fremont.

131023-bowling-kitchen131023-bowling-salute131023-bowling-living

And since when is $385K under Redfin’s minimum commission?

Alas, the reserve for the auction was not met.  But check out the page for more awesome photos like these.

131023-bowling-auction1131023-bowling-toilet

Comments (5) -- Posted by: madhaus @ 7:07 am






September 16, 2013

CONTRACTORS DREAM! in Fremont

Happy Monday! Let’s get back to some housing win by sticking our toe just the teensiest bit into the East Bay. Noooo, we don’t mean Oakland or Berkeley or Richmond. We mean just over the Alameda County line but almost in Silicon Valley: Fremont! Or as our hard-working real estate professionals call it: Fre-tastic!*

130915-mission-redfin37503 MISSION Blvd
Fremont, CA 94536
$509,000

3 Beds
2 Baths
1,814 Sq. Ft.
$281 / Sq. Ft.
Built: 1910
Lot Size: 10,000 Sq. Ft.
On Redfin: 10 days
Status: Active
Type: 2 Houses on 1 Lot
Community: Fremont
MLS#: 40630404
View: Hills
County: Alameda

FIXER UPPER! HANDYMAN SPECIAL! CONTRACTORS DREAM! TWO HOMES ON ONE 10,000 SQ FT LOT! 880 SQ FT SHOP! LOTS OF PARKING! CHECK W/ CITY REGARDING POSSIBILITIES!

130915-mission-cabinets* This is somewhat of an exaggeration on our part (by which we mean a complete lie). We don’t know anyone who calls the city Fre-tastic, although we did overhear one realtard tell a client that this area was Fre-netic. That’s good, right?

And speaking of good, this will be an awesome house for any small children you happen to have lying around. Not only is the playground all set up in front, look what’s in your back yard!

130915-mission-railway

That’s not just ordinary railroad tracks, but a railroad station for Niles Canyon Railway. Yes, good old-fashioned trains, in your very own backyard! Or close enough to smell them, anyway! Whoo-whoo!  Oops, we mean WHOO-WHOO!

CHECK W/ CITY REGARDING POSSIBILITIES!

Comments (7) -- Posted by: madhaus @ 7:08 am

August 3, 2013

What should you do if your schools are overcrowded?

We know! We know! The answer is build more houses!

Fremont school officials warn of worse overcrowding if development goes ahead

130802-patterson-aerialBy Chris De Benedetti, The Argus
POSTED:   08/03/2013 12:00:00 AM PDT

FREMONT — Builders of the Patterson Ranch subdivision are expected to break ground next year, but school district officials fret that its 500 new homes will add more students than nearby schools can handle, worsening the Ardenwood neighborhood schools’ already major overcrowding problem.

"Our goal is to provide neighborhood school seats for kids, so that they can attend school close to where they live, as opposed to being shipped across town," said Fremont school superintendent James Morris. "We don’t want to tell families that their children have to go to different schools."

But that’s exactly what might happen to families who will buy homes in Patterson Ranch, where the nearest elementary schools already are overflowing. The district’s newest K-12 campus was built a quarter-century ago.

Student enrollment in the district’s 41 schools is 33,000, and steadily rising. Last year alone, Fremont Unified increased by 600 students, district officials said. That was a sharp spike from the past half decade, when enrollment grew 300 students each year. Rising enrollment can be "a good problem," Morris said, but it also poses severe challenges to North Fremont parents.

130802-patterson-classroom70% of Fremont residents, according to Friends of Coyote Hills, are against more development near Coyote Hills. That’s why all five Fremont City Council Members okayed building another 500 homes in the 100 acre area (marked in red on the map we included and the Murky News didn’t).

One thing we found interesting is the family selling the land is only being asked for $6 million for the school district, while it will cost $22 million to build another school for the new homes.  This sounds like a great deal, as long as you’re not a) the Fremont School District or b) living in Fremont (unless your name is Patterson).

Like they said, “a good problem.” Can’t wait for the overbidding!

Comments (9) -- Posted by: madhaus @ 7:09 am

May 28, 2013

Bay Area Bubble 4.0 Not in Fremont Yet

Good news! There’s still parts of the Bay Area you can find a house without beg letters and overbidding! Let’s fasten our seat belts and ford every stream to Fremont!

130527-salinas-redfin34587 SALINAS Pl
Fremont, CA 94555
$620,000

4 Beds
2 Baths
1,402 Sq. Ft.
$442 / Sq. Ft.
Built: 1972
Lot Size: 7,422 Sq. Ft.
On Redfin: 1 day
Property Type: Detached Single Family
Stories: 1
County: Alameda
Style: Contemporary
Community: Alameda County
MLS#: 81318199

Upcoming Open Houses

Saturday, Jun 1: 1:00-5:00 pm
Sunday, Jun 2: 10:30-5:00 pm

Regular sale! Great schools + Neighborhood + Quiet Cul-de-sac. Convenient to shopping. Near 880, 84 Freeways, & Ranch99 Supermarket. Open House Sat 6/1 1-5pm & Sun 6/2 10:30-5pm.

130527-salinas-streetviewSee that? Regular sale! Not an overbidding sale! Whew!  Only showing on exterior shot fooled us at first!

And this agent isn’t quite sure who to sell this house to. Note the mention of nearby 99 Ranch but not a single 8 in the price.

Also, you know how Palo Alto has 237 different neighborhoods, or “Communities” on MLS, but Sunnyvale, which has twice the population, only has one?  Look at this: Fremont, which was made up of five towns that merged together, doesn’t even merit its own Community. They put the whole thing together into Alameda County.  Sheesh, Wikipedia has a nice list of the various districts in Fremont and we were able to figure out where the house is (hint: the exact opposite of South not-Fremont).

Moral: the less Real Bay Area you are, the less Community you merit.  Houses in Stockton are in Community: Pacific Time Zone.

Comments (6) -- Posted by: madhaus @ 5:04 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 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

February 14, 2012

This house is ready for a Valentines Day date

If you’ve been a long-time reader of this blog, you may remember that burbed (our founder and long-time content creator) had this thing for pink houses.  So the site occasionally would dig up a pink house for Valentines Day.  This year, we found an even better listing for celebrating a day for lovers.  It’s all set up for a Special date you won’t forget!  Many thanks to Burbed reader The Maggadads for this fantastic find from Fremont!

2116 JACKSON St
Fremont, CA 94539
$894,950

120212-jackson-redfin

BEDS: 3
BATHS: 3.5
SQ. FT.: 1,824
$/SQ. FT.: $491
LOT SIZE: 0.28 Acres
TYPE: Detached
STYLE: Ranch
STORIES: 1
VIEW: Hills, Mountains
YEAR BUILT: 1963
COMMUNITY: Mission San Jose
COUNTY: Alameda
MLS#: 40538102
SOURCE: EBRD
STATUS: Active
ON REDFIN: 186 days

Mission schools! 12,110 sq. ft. lot, 1-story. $50k spent on 2011 remodeling kitchen, baths, carpet, tile, french doors & lighting, dual pane, AC & backyard. Built-in 50’s Diner theme- pool cabana/antique western town, 6-car garage w/ 1/2 bath, pool w/ water fall, new lawn & sprinklers. Not a REO/SS!

120212-jackson-dinerHere’s what The Maggadads thought of this place with $50K spent on 2011 remodeling:

I just started reading your blog. Although I take a minor offense to the jabs you poke at Fremont, I couldn’t help but send you this listing.

I’m not sure which is cooler…the 50s themed diner or the western-themed fence. At least it has a 6-car garage!

120212-jackson-western-fenceWait, let me check, is this a house for sale, or a commercial property?  Because while it’s always good to have a space for entertaining a crowd, a 50s themed diner wasn’t exactly at the top of my list in must-haves for an 1,800 square foot house.

But a 50s themed diner AND a western themed fence, both!  I can die now.  What a Valentines Day you’ll have!  And if your date isn’t successful, one of you can retire to the six-car garage.

Well, this is one of those good news/better news situations.  The good news is yes indeed, this house is in a 100% residential district and there is no danger that one of your neighbors will be opening up a 40s themed diner to compete with yours (and incidentally use up all the street parking).  The better news is, well, location, location, location!

120212-jackson-satellite-photo

Comments (14) -- Posted by: madhaus @ 5:02 am

January 10, 2012

Fremont wants back into the RBA

We’ve had many discussions on what makes a place Real Bay Area (RBA) and more importantly, what makes a place Not.  Good schools, professionals for neighbors, and no uncorrectable deficits such as freeways, airports, and toxic waste dumps is a start.  But what’s a real tip-off that a place is in the RBA?

Not only is it way too expensive for what you’re buying, but the asking price has been increased.  Many thanks to Burbed reader Praveen for today’s featured listing.

 

42261 CAMINO SANTA BARBARA
Fremont, CA 94539
$10,998,000

image

 

BEDS: 4
BATHS: 2
SQ. FT.: 1,931
$/SQ. FT.: $5,695
LOT SIZE: 7,910 Sq. Ft.
PROPERTY TYPE: Detached Single Family
STORIES: 1
YEAR BUILT: 1964
COMMUNITY: Alameda County
COUNTY: Alameda
MLS#: 81200779
SOURCE: MLSListings
STATUS: Active
ON REDFIN: 1 day NEW LISTING (24 HOURS)

Very exclusive Mission Highlands East section of Chadbourne. One level four bedroom with huge remodeled kitchen and family room. Large master bedroom newly remodeled master bath. Large yard. Wonderful layout. Easy wlk to Mission High, Chadbourne elementary.

imageThis not particularly large home on a not particularly large lot was listed for $1,099,000 on EBRD, the East Bay multiple listing service, last Friday.  But when it appeared on MLS (used by the West Counties) the following Monday, the price had gone up tenfold.  What happened?

Simple. Houses marketed to East Bay buyers aren’t as Special as houses for Peninsula and South Bay buyers.  That’s why there’s one price for the East Bay and a higher, better, more exclusive, lots more Real Price for Silicon Valley lucky duckies.

And boy, some Silicon Valley home-owner-to-be is going to want this place!  Doesn’t that location, location, location suggest rural isolation and quiet evenings at home?

image

Absolutely!

image

Get your overbids ready, because photography like you see for this listing doesn’t come cheap!

Comments (15) -- Posted by: madhaus @ 5:04 am

December 12, 2011

BLACK FRIDAY DEALS: Cheapest House in Fremont!

Fremont doesn’t get anywhere near enough attention from Burbed, but today we take a step toward correcting that oversight.  This is a DEAL, DEAL, DEAL that should make anyone happy. 

Fremont: Close enough to Silicon Valley that commuting is in the realm of possibility, yet with all the quality features we’ve come to expect from close-in areas such as Redwood City, East Palo Alto, or Alum Rock!

57 Sycamore St, Fremont, CA 94536
$147,250

image

BEDS: 3
BATHS: 2
SQ. FT.: 845
$/SQ. FT.: $174
LOT SIZE: 4,237 Sq. Ft.
TYPE: Detached
STYLE: Fixer/Handyman Special
STORIES: 1
YEAR BUILT: 1905
COMMUNITY: Fremont
COUNTY: Alameda
MLS#: 40551215
SOURCE: EBRD
STATUS: Pending
ON REDFIN: 27 days

View of Creek Hills, Trees, View of Niles River directly behind property, Very Scenic Location. Dual Pane Windows, Walk to Park. Sold in AS-IS condition.

Walk to Park.  Well, I’m sold!  Although I would love to see the inside.  How did they fit 3 bedrooms and 2 bathrooms in 845 square feet?  Did they leave out the living room and the kitchen?

The house has plenty of history, too.  Plenty of listing history.  BUY NOW!!!!!!

Comments (3) -- Posted by: madhaus @ 4:09 am

March 21, 2011

Zrent vs. Zbuy

Zillow, the website that brought you the Zestimate, now has a brand-new feature to make fun of.  We’ve all chuckled over how surprisingly off the Zestimate of a home’s value could be.  Well, in the words of Mr. Family Guy, “You think that’s bad?”

Zillow has just introduced the Rent Zestimate.  Yes, now we can compute the Zrent Zratio, using two estimates that may or may not have anything to do with reality!  Let’s try it with a few houses previously featured on Burbed!

image

Here’s Friday’s house, the Tangrams Set with the High-Tech name.  Once more, the Zestimate has no relation to real life, because if it did this place wouldn’t be sitting unclaimed for 113 days at $200K less than Zillow’s amazing valuation model’s prediction.  To compute the Zrent Zratio, divide the Zestimate by the annual Rent Zestimate.  For this house, $762,000 divided by ($3081 * 12) is 20.6, a number that says rent, don’t buy this house.  (A number above 15 says rent, a number below 15 says buy.)

Although I think the answer is really don’t rent or buy this house, so let’s try again with something a little more desirable.  So let’s stop and smell the roses.

image

Well, here’s a Zestimate a little more down to earth, as this Beautiful Specious Home is listed for $239,000.  The Zrent Zratio is $217,500 / (1345 * 12) or 13.5.  Buy!  Buy!  BUY!

And here’s our most recent run-in with MAWBUL CAWLUMS, it’s the Shrek House.

image

Ready?  Oh oh, this place has a Zestimate about 30% of the asking price.  I didn’t say 30% lower, I said it’s 30% of the asking price.  I’m sure the FBs will be happy to set Zillow straight on this.  And the Zrent Zratio is… $1,427,000 / (5587 * 12) = 21.3.  Rent.  Definitely rent.

Okay, now for grins, we’re going to compute the rent ratio using the wishing prices of all three homes, and Zillow’s Rent Zestimate.

  • Poinsettia: $575,000 / (2979 * 12) = 16.1 (weak rent, buy it if you love it)
  • Gibraltar: $217,500 / (1345 * 12) = 14.8 (buy or rent, it’s a wash)
  • Butch: $4,999,000 / (5587 * 12) = 74.6 (rent rent rent rent rent rent are you kidding me?)

So, what do you think of Zillow’s new made up numbers?  Do any of these rents have anything to do with reality?  And if you divide one invented number by another, does the nonsense cancel itself out?

Comments (80) -- Posted by: madhaus @ 5:11 am