February 22, 2008

This Hurlingame house won’t last long

MLS-2.com: Property Details
500 HURLINGAME AV, Redwood City,CA,94063 – $484,800

500hurl.jpg3 Beds 1020 Sq.Ft. Aprx. 1 Car Garage MLS#: 762973
1.0 Baths 2,500 Lot Size 49 Yrs Old Aprx. List Date: 2007-11-14

What’s new on MLS-2: Search by % Price Drop // Search by “MOTIVATED SELLERS”

Description – 500 HURLINGAME AV, Redwood City,CA,94063
WONDERFUL 3 BEDROOM RANCH HOME!THIS HOME OFFERS A FENCED FRONT YARD, TILE FLOORS IN THE KITCHEN AND BATHROOM, AND A DETACHED ONE CAR GARAGE. GREAT LOCATION! CLOSE TO ALL AMENITIES. HURRY, THIS HOME WON’T LAST LONG!

There’s really nothing wrong with this house – except for what appears to be a soldier’s memorial in the front yard (helmet on a shovel?).  But that’s to be expected for a deal like this – and in a great location right near Middlefield Road in Redwood City.

But the real reason I chose this house was because it’s on Hurlingame Ave – one of my favorite streets in the Bay Area.

Say it – Hurlingame! Whee!

Comments (9) -- Posted by: burbed @ 5:18 am






February 19, 2008

What does a $1 mil house look like in Redwood City?

Last August, Burbed posed this question:

What does a $1 mil house look like in Redwood City? [Burbed.com]

Well, a few short months later, the answer may for 610 Acacia Ln may look like this:

610ac.jpg

Oh come on, you should’ve tried harder. You were so close to $1 mil! That’s the magic number for The Real Bay Area – two engineer households, with 2 kids in school creating Web 2.0 startups can easily afford that.

Redwood City… tsk tsk.

Comments (20) -- Posted by: burbed @ 5:52 am

February 18, 2008

This Redwood City house leaves me speechless

MLS-2.com: Property Details
633 HAMPSHIRE AV, Redwood City,CA,94063 – $440,000633hamp.jpgTotal 1 photos: Previous Next

2 Beds 870 Sq.Ft. Aprx. 2 Car Garage MLS#: 770354
1.0 Baths 2,500 Lot Size 60 Yrs Old Aprx. List Date: 2008-01-07

What’s new on MLS-2: Search by % Price Drop // Search by “MOTIVATED SELLERS”

Description – 633 HAMPSHIRE AV, Redwood City,CA,94063
Lowest priced home in Redwood City. Fixer upper. Near schools, shopping centers and major freeway’s. Seller has done some upgrades recently. Reports will be available after January 1st.

I’ve looked at thousands and thousands of houses in the course of running this blog. I’ve seen thousands and thousands of strange listings.

This one simply leaves me speechless.

Update: Actually it’s quite a deal! http://www.zillow.com/HomeDetails.htm?zprop=15567279

Sold 11/17/2005: $540,000

Comments (8) -- Posted by: burbed @ 5:24 am

February 13, 2008

740 6th Ave saves someone from throwing away money by renting

At the end of last year, Burbed featured this house:

This Realtor reveals the secret to gaining wealth [Burbed.com]

Now, just a few short months later,  740 6th Ave, is now seeing some action:

7406t.jpg

Congrats to the lucky buyer of this house! This buyer is lucky because he now doesn’t have to throw away money by renting. He knows that the secret to gaining wealth is to buy low and sell high. This place is guaranteed to go up every year, along with the price of gas and milk!

Sweet! Congrats again!

Comments (4) -- Posted by: burbed @ 5:00 am

February 12, 2008

Lowest price house in Redwood City… 1 year later…

Last August, Burbed featured this house in Redwood City:

How to lose $240 a day… 1923 Middlefield Road [Burbed.com]

Fortunately enough, this house is still on the market!

1923middle1.jpg

That’s right… run you law firm, your engineering firm, your CPA out of this house. Renters, hello! This house is for you! It’s centrally located! 1923 Middlefield!

This house won’t last long… it said that in August, and at this new price, it really won’t last long.

So what’s keeping you?

Comments (13) -- Posted by: burbed @ 5:19 am

February 11, 2008

Follow up on 652 Stanford in Redwood City

Last April, Burbed tried to visit this open house, but couldn’t find a parking spot:

What’s the 5th most affordable home in Redwood City like? [Burbed.com]

Fortunately, this house is still on the market! Let’s take a look!

652sta.jpg

Hm… according to zillow, this was last sold on 11/13/2007 for $499,000.

Yep, I’m pretty sure that you can say that they’re giving this house away!

BTW, you may want to bring a philosophy majoring friend with you as this house may have Not Positive sqft. If the sqft is negative, and you go in, what does that make you?

Comments (8) -- Posted by: burbed @ 5:07 am

February 7, 2008

Redwood City house prices compared to Levittown – which is more expensive

Here at Burbed.com, we want our readers to be educated. Thanks to Burbed reader Robert for sharing this information

$698 per sqft house in Redwood City that you missed [Burbed.com]


> You don’t see these junks in southern Cal, or in other states as much
> 730 sq. ft.? What were they thinking when they built them?

These sorts of houses were build just post-World War 2 when there was a housing shortage for returning vets, and there were US government controls on building materials. I think there were actually restrictions on the size of houses that could be built so there would be enough material to satisfy all the pent-up demand. (Fun fact: 30% of veterans in 1946 were living in trailers or in doubled-up households.) The outlying suburbs of the Bay Area are filled with these houses. They’re always small, on small lots, and with one car garages, and always date from around 1945-1950. They’re even smaller than pre-war houses (my grandfather built his modest house in 1940 with a two car garage, even though he only had one car). By the early ’50’s, the houses were much larger and often better made.

I’d guess that California and the Bay Area have more of these houses because more vets either moved to California, or decided to stay in California, and there wasn’t as much vacant housing as there might have been in other cities.

The houses do exist elsewhere, you just need to find a city where lots of WW II vets settled. Levittown’s houses (built 1947-1951) are the equivalent of these — same era, same small sizes. I’m sure there’s a bunch of these in the San Fernando Valley, Compton, and other suburbs of LA. I’ll bet if you looked around Houston, Denver, Minneapolis, St. Louis, etc, you’d find the same sorts of houses.

Of course, those houses won’t be worth $500K.

Hm… isn’t Levittown in New York? We must check that out… after all, New York is our top competitor for Most Expensive Housing.

Let’s take a look at what you can buy in Levittown for the price of the Redwood City house above:

228stephen.jpg

Holy cow! More proof that houses in the NY metro area are cheaper than the Bay Area. If only we could get the Main Street Media (MSM) to recognize this fact!

Also, observe how expensive the property tax is there – just another classic example of how New York is a tax tax tax spend spend spend kind of place, unlike California. Who cares that Levittown has amazing public schools, whereas the Redwood City house above has scary schools – don’t we all make enough to send our kids to Harker?

Just for completeness sake, let’s look at the price of a 2br/1ba in Levittown:

levit2br.jpg

$299k? Egad. No wonder everyone’s leaving New York metro and moving to the Bay Area. Sheesh!

Comments (7) -- Posted by: burbed @ 5:25 am

January 31, 2008

$1.25 million house in Redwood City – with revenue opportunities

On Monday, we showed you what a $1.295 million dollar house looks like in Greenwich, CT where the income regularly tops $500k. Let’s look a house in that price range here in the Bay Area:

MLS-2.com: Property Details
153 LOWELL ST, Redwood City,CA,94062 – $1,250,000

153low.jpg3 Beds 1584 Sq.Ft. Aprx. 2 Car Garage MLS#: 770296
2.0 Baths 6,500 Lot Size 68 Yrs Old Aprx. List Date: 2008-01-07

What’s new on MLS-2: Search by % Price Drop // Search by “MOTIVATED SELLERS”

Description – 153 LOWELL ST, Redwood City,CA,94062
Situated in the sought after Mt. Carmel neighborhood, this delightful home has been practically updated maintaining its original, intrinsic charm. Beautiful oak hardwood floors enhance the home throughout. There is an additional, separate studio guest unit with a full bath and kitchenette.

Yeah you could have the house in Greenwich, but in true Silicon Valley entrepreneurial style, this house offers you the opportunity to increase you revenue and monetize part of the property.

That’s an enormous benefit right there – you can live in your house, and make money from your tenants! Will that be possible in Greenwich, CT? Of course not – they’re all boring there. Buying this house will prove that you’ve got the chops to achieve the American dream of making money, unlike… say… your potential neighbor Eddie Lampert.

And above it all, you’re living in Redwood City. Wow… another drubbing for Greenwich, CT. Sweet!

Comments (9) -- Posted by: burbed @ 5:39 am

January 21, 2008

Hate windows? Get this house!

MLS-2.com: Property Details
911 7TH AV, Redwood City,CA,94063 – $699,000

9117th.jpg3 Beds 1100 Sq.Ft. Aprx. 1 Car Garage MLS#: 761323
2.0 Baths 5,670 Lot Size 52 Yrs Old Aprx. List Date: 2007-11-05

What’s new on MLS-2: Search by % Price Drop // Search by “MOTIVATED SELLERS”

Description – 911 7TH AV, Redwood City,CA,94063
Excellent Starter Home, Spacious 3 Bedrooms 2 Bath Home. Living Room & Dinning Room Combo with Hardwood Floors and a Brick Fireplace. Family Room Features a Second Fireplace, Perfect for a Big Family or Entertaining.

While this 3/2 house is perfect for a big family – it’s also perfect for those who hate windows! Are you afraid of bird/pandemic flu? Are you afraid of people who will spy on you and your big family? Or paparazzi who will try to snag photos while you are entertaining? With this house’s tiny windows, you can rest assured that your privacy is your own.

Is it any wonder this house is $700k?

Thanks to Burbed reader Hedda for this find.

Comments (13) -- Posted by: burbed @ 5:18 am

January 18, 2008

Very motivated Redwood City House – or not

MLS-2.com: Property Details
76 WESTMORELAND AV, Redwood City,CA,94063 – $549,000

2776west.jpg2 Beds 790 Sq.Ft. Aprx. 2 or More Car Carport MLS#: 767694
1.0 Baths 2,625 Lot Size 29 Yrs Old Aprx. List Date: 2007-12-11

What’s new on MLS-2: Search by % Price Drop // Search by “MOTIVATED SELLERS”

Description – 2776 WESTMORELAND AV, Redwood City,CA,94063
nice 2 bedroom one bath with an studio in the back located in a nice neighborhood .hardwood floor all over. price is lowered for quick sale/seller very motivated

Here’s what Burbed reader Hedda had to say:

For shits and giggles I’ve started perusing the “motivated sellers” lists on mls-2.com.  The first picture drew me in with its sheer magnificence: Some random schmoe standing in just another crappy driveway, blurry shot, lens flare like out of a Photoshop how-to book.  Then I looked at the other pictures and realized how motivated they were – although, apparently not quite motivated enough to pack yet.

It IS pretty cheap, though.

Let’s take a look at some of those other pictures!

2776westa.jpg

2776westb.jpg

Hm, actually I think Hedda is mistaken – this is actually a professionally staged house targeted at Raiders fans. You’re probably just not the right audience which is why you don’t get it.

That said, this house has been on the market for over a month – one kind of wonders about the motivation. Frankly, I can’t blame the owner for taking his time – who would be motivated to leave Redwood City?

Comments (19) -- Posted by: burbed @ 5:12 am
 
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