July 14, 2011

Million Dollar Property, A Must to See

At least the seller thinks this is a million dollar property.  Maybe it was, in 2006.

19381 W Grant Line Rd, Tracy, CA 95391
$1,200,000

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BEDS: 3
BATHS: 3
SQ. FT.: 3,165
$/SQ. FT.: $379
LOT SIZE: 1.63 Acres
TYPE: Detached
STYLE: Contemporary
STORIES: 1
YEAR BUILT: 1990
COMMUNITY: Tracy
COUNTY: San Joaquin
MLS#: 40506238
SOURCE: EBRD
STATUS: Active
ON REDFIN: 166 days

Gorgeous custom home with country feel surrounded by 1.6+ acres. Completely updated with Brazilian Cherry wood flooring throughout, crown moulding, custom paint, solid granite in kitchen, all new appliances, stunning cabinets throughout, custom entertainment center in family room. A must to see. .. .

imageIt definitely is a must to see, because the nine pictures above are all you get on the virtual tour, too.  But the virtual tour has the added benefit of loud music appropriate to a seven-digit asking price for a home over an hour’s drive from the Googleplex. 

Speaking of commutes and sitting in traffic, let’s talk about its location, location, location?  Look at this!


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Ahh, country life!

Don’t believe that “166 days” on Redfin figure above, either.  This house has been listed since March.  March, 2010.  The listing was canceled in January and they listed it anew.  And if you ever had any concern about how good those Zestimates are, you can put those silly little worries to rest.  Zillow says it’s worth every penny, see?  Okay, 5 out of 6 pennies!

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Rent Zestimate: $2,250 a month!  That’s a rent ratio of 44!  Hope that Brazilian Cherrywood was worth it.

Comments (15) -- Posted by: madhaus @ 5:09 am

August 21, 2007

They’re not making any more land… unless they are

San Jose Mercury News – Mountain House community: From boom to bust on Bay Area’s edge
Mountain House, where Bay Area transplants are 80 percent of the population, is a dramatic illustration of a development that was built as a solution to Silicon Valley’s overpriced housing market. Now, it finds itself hurt by high gas prices, ever-worsening commutes and a growing desire among South Bay residents for housing close to Silicon Valley jobs – even if it’s condominiums and townhouses.

The trend of building high-density housing projects in the Bay Area’s urban communities has taken off in the past several years, the result of land-use policies that allowed developers to build condos and townhomes on former industrial property. This option
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wasn’t widely available when buyers began moving to Mountain House.

It’s all taken a toll.

Perhaps it’s time to clarify the ol’ nugget a little: They’re not making any more land (unless they are)!

Click here to post a comment -- Posted by: burbed @ 10:48 am