June 22, 2009

Someone please call the police in San Carlos – riot on 6/30

253 KELTON Ave, San Carlos, CA 94070 | MLS# 80921524
253 KELTON Ave San Carlos, CA 94070
Price: $1,179,000
Beds: 4
Baths: 2.5

253
Sq. Ft.: 2,484
$/Sq. Ft.: $475
Lot Size: 4,400 Sq. Ft.
Property Type: Detached Single Family
Style: Contemporary
Stories: 2
Year Built: 1947
Community: El Sereno Corte
County: San Mateo
MLS#: 80921524
Source: MLSListings
Status: Active
On Redfin: 44 days
LAST CHANCE! COMING OFF MARKET ON 6/30!! 10K REDUCTION. Remodeled 2-story home in White Oaks! 4 lg BR, 2.5BA. Maple h/w flrs, chefs kchn w/ granite counters, luxury stnlss appliances, built-in fridge & freezer. Downstairs master w/ walk-in closet. French doors open to slate patio. 2 upstairs bedrooms w/ Jack-n-Jill BA. Ceiling fans throughout. Upstairs family room away from bedrooms for privacy.

Thanks for Burbed reader Rink Rat for sharing this!

Here’s what he had to say:

Oh my god.  Now I see where the term “Realtards” comes from.  Take a  look at MLS 80921524. It has been on the market since 6/17/08 –  basically a year — under a variety of brokerages.    So what do they do to convince people to buy a house that’s obviously massively overpriced?????  They drop  it $10,000.  I can hear the stampede of  buyers from here….

Could someone please call the police in San Carlos to let them know about a possible pending riot. I can see it now, hordes of people are going to descend on this house from San Jose, Washington DC, Seattle, Shanghai, Moscow to snatch it up before it goes off the market.

Traffic is going to be zoo. They’ll need riot gear.

Once this house goes off the market, it will be like the sun imploding – there will be no hope left. People will freak out. 4 horsemen, and all that.

$10,000 has already been droppped from the price. The warning shot has been fired.

Be prepared. Strap on the kevlar before you go.

Any predictions as to what will happen on 7/1?

Comments (8) -- Posted by: burbed @ 5:57 am






May 4, 2009

Advertising price drops in San Carlos

92 MADERA Ave, San Carlos, CA 94070 | MLS# 80835403
92 MADERA Ave San Carlos, CA 94070
Price: $899,998

401244222-92
Beds: 4
Baths: 2.5
Sq. Ft.: 2,400
$/Sq. Ft.: $375
Lot Size: 6,604 Sq. Ft.
Property Type: Detached Single Family
Style: Contemporary
Stories: 2
View: Bay, Canyon, Neighborhood, City Lights
Year Built: 1934
Community: Beverly Terrace
County: San Mateo
MLS#: 80835403
Source: MLSListings
Status: Active
On Redfin: 221 days
Amazing price for this square footage. .. appraised at $1,234,000 in 2007. Gorgeous Bay Views. Spacious home approx 2400 sq ft. Upper level w/ adjoining family room, living room, 1/2 bath. Downstairs 4 bedrooms, office, 2.5 baths. Parquet and hardwood under upper level carpeting. Two decks. This is NOT a short sale.

Burbed reader Sam thought this was an interesting find. Here’s what he had to say:

Want to close your sale faster? Highlight a declining market!  (Ignore the 1991 $358,000 sale, roughly 600K in 2009 dollars, it’s irrelevant)

Well, actually the 1991 sales price is important. As we all know. real estate doubles every 10 years. So… by 2011 (2 years from now) it should be worth $1.432M. That makes sense. Highlighting the $1.234M (what a funny number) today indicates just how much instant equity there is available for you to unleash. And, that it is on track to reach that magically doubling number – if it weren’t for the pesky economic woes we have right now.

So get on the right track and buy this very green, very airy house today!

Thanks Sam!

Comments (78) -- Posted by: burbed @ 5:16 am

March 31, 2009

$1.25 million 2 bedroom, 2.5 bathroom townhouse

1 POPPY Ln, San Carlos, CA 94070 | MLS# 80911914
1 POPPY Ln San Carlos, CA 94070
Price: $1,250,000

1707534324-1poppy
Beds: 2
Baths: 2.5
Sq. Ft.: 1,800
$/Sq. Ft.: $694
Lot Size: 2,100 Sq. Ft.
Property Type: Townhouse
Style: Mediterranean
Year Built: 1986
Stories: 1-3 (Low Rise)
View: Bay, Green Belt, Canyon, Neighborhood
Neighborhood: Beverly Terrace
County: San Mateo
MLS#: 80911914
Source: MLSListings
Status: Active
On Redfin: 7 days
TURN-KEY. ONE OF A KIND! SOUTH WEST/SANTA FE TWNHSE – CORNER UNIT, VERY PRIVATE, COURTYARD ENTRANCE. EXQUISITE MST. STE W/ FRPL AND FLAT SCREEN TV, BATHRM/W JACUZZI TUB HEATED FLR. 2ND MST STE W/ DECK VIEWS, BLT-IN DESK BONUS RM- CHEF’S KIT. HEATED BRKFST COUNTER, TV SCREEN IN LR/FR W/ FIREPLACE. SUN DECK. REMOTE CONTROL FOR LIGHTS AND TEMP. DR W/ RECESSED LIGHTS, SOPHISTICATED SOUND SYSTEM.

Wowsers! Thanks to Burbed reader Bill for this find! However, when Bill sent this to me, he felt it was overpriced by $300k-$400k.

Frankly, I’ll have to disagree. First, this house has more bathroom than bedroom. That’s +$50k right there. Then it has a free flat screen TV – that’s another +$50k right there. Remote Control for lights and temperature? Another +$50k. This goes on and on and on… and then BOOM – $1.25 baby!

Come on… this isn’t just a townhouse! It’s a corner unit townhouse!

Congratulations San Carlos – at $694 per square foot, you truly are the city of good living.

Comments (15) -- Posted by: burbed @ 5:23 am

October 7, 2008

$629,900 for a 1 bedroom house in San Carlos – REAL BAY AREA

2743 San Carlos Ave, San Carlos, CA 94070 Beverly Terrace MLS# 80828676 – Property Details

2743 San Carlos Ave, San Carlos, CA$629,900

* Status: Active
* Bedroom: 1
* Bathroom: 1
* Year Built: 1940
* Lot Size: 7000
* Square Footage: 1420
* List Date: 8/18/2008
* Garage Spaces: 2

CHARMING SINLGE FAMILY HOME LOCATED IN SAN CARLOS. THIS HOME OFFERS ONE BEDROOM, ONE BATH AND A BONUS ROOM. THERE IS A LARGE EAT IN KITCHEN, A LIVING/DINING ROOM COMBO WITH A WOOD BURNING FIREPLACE, AND A REAR YARD WITH A PATIO AND DECK!

Congratulations San Carlos. With this house, you are truly and firmly established in “Real Bay Area” territory now. Sure the price per square foot doesn’t meet the bar (Just $443 instead of $600), but it’s the attitude and spirit that counts.

First, let’s look at the fact that there’s just 1 bedroom. That in itself is a bold statement. I mean, $630k for a 1 br/1ba – that’s just classic Real Bay Area.

But wait, there’s more – for this much money, you don’t even get any other photos! No interior shots! YES! YES! This is the kind of FUCK YOU BUYER attitude that all Real Bay Area houses should have. It’s moxie!

Oops! A tear just dropped onto my keyboard as I admire the beauty of this “sinlge” spirit. I’m so proud.

Comments (36) -- Posted by: burbed @ 5:05 am

July 1, 2008

Yet another pink house in San Mateo: San Carlos

1332 Rosewood Ave, San Carlos 94070
$739,000

* Status: Active
* Bedroom: 2
* Bathroom: 1
* Year Built: 1948
* Lot Size: 4920
* Square Footage: 1040
* List Date: 5/23/2008
* Garage Spaces: 1
* MLS#: 810615

Not on the market for over 50 years! Hardwood floors throughout most of the home. Eat in kitchen and dining room. Master bedroom has an additional extra large closet. Nice sized yard with pool with solar heating. No showing until 5/27/08. Great street.

Thanks to an anonymous Burbed reader for this find. Frankly, I’m not sure why there are so many pink houses in San Mateo County. There seems to be a bunch in Redwood City and San Carlos.

Nonetheless, my favorite part of this house is that it hasn’t been on the market for 50 years. Yep, that means the current owner is paying $510 a year in property tax. You? You’ll be paying ~$7390 – about 1300% more. But that’s fair because you’ll be consuming more services than the current owner.

Another aspect is that this house hasn’t been on the market for 50 years. Like a fine wine, this house has clearly gotten more graceful and fine with age. Personally I would buy this house, seal it for another 50 years, and then have a smashing uncorking party. By then, this house will be amazing. In fact, by then, all the items you see in the house will be historic – more instant equity. Just think, you could even charge admission for touring the house!

So be like the Smithsonian and buy this classic house before it’s too late!

Comments (50) -- Posted by: burbed @ 5:25 am

June 16, 2008

Welcome San Carlos to the Real Bay Area!

79 WINDING Way San Carlos, CA 94070
Price: $719,000

Beds: 1
Baths: 1
Sq. Ft.: 670
$/Sq. Ft.: $1,073
Lot Size: 6,930 Sq. Ft.
Age (Years): 49
Year Built: 1959
Type: Detached Single Family
Style: Cabin
Stories: Bi/Split Level
View(s): Bay, Mountains
Neighborhood: Beverly Terrace Etc.
County: San Mateo
MLS#: 782686
Source: MLSListings
Status: Active
On Redfin: 73 days
Idyllic country setting nestled quietly between million dollar homes in sought after San Carlos Hills. Magnificent views; 7,000 sq ft lot w/ endless development potential. Country Style living, conveniently located to downtown San Carlos. Open House this Sunday 05/04 1:30-4:30

Wow… it looks like Hurley, Ben, and John could’ve simply come to San Carlos to find Jacob’s Cabin. Heh.

But seriously, I’ve always wondered about San Carlos. It’s tiny, there’s not much to be known about this city, so I’ve always had reservations about whether San Carlos, The City of Good Living, is Real Bay Area or not.

Well, this house simply seals the deal. $1073 a square foot? Wowzers. This is Palo Alto territory. And look at the giant plot of land you’re getting – nearly 7000 sqft.

Congratulations San Carlos. Welcome to the club.

BTW, to the next owner: might I suggest building a zip line? That’d be kind of neat!

Comments (49) -- Posted by: burbed @ 5:58 am

May 27, 2008

Authentic experiences in the Bay Area can be found in San Carlos

365 OLD COUNTY RD, San Carlos 94070 (San Carlos)
$525,000 Beds: 3 bed(s) Baths: 1 bath(s) MLS: 800775

Property Overview
365 OLD COUNTY RD
San Carlos (San Carlos) 94070
Detached Single Family (Class 1)
Bed/Bath: 3 / 1
SqFt: 1,090
Lot: 5,000 sq ft
Age: 60 years
List Price: $525,000
Assoc Fee:
Short Sale Opportunity in San Carlos?! Ranch Style home with 3 bedrooms and 1 Bathroom..FIXER< FIXER, Call Now!
Short Sale Opportunity in San Carlos?! Ranch Style home with 3 bedrooms and 1 Bathroom..Call for more information: www.JeffreyDeJesus.com (650) 270-4733 CALL NOW! Governemnt Program Available for Loan Approval FIXER Opprotunity!

These days, people want demand authenticity. People don’t want Disneyland like experiences. They want the gritty, the hardcore, the real. People want to feel alive. They despise the fake. Look at how distressed jeans are in style.

And that’s what makes this house so simply amazing – when you look at it, you feel alive. You feel real. You feel like you’re the photojournalist stepping into virgin land.

Let’s take a look:

The gritty back yard with bull dog. The roof with the bricks hold it down. The kitchen. The outdoor washer and dryer. Just like how our manly forefathers lived.

My god. Just looking at these photos make me feel alive. My blood is flowing, my heart is pounding. I feel alive!!!!!!!!!!!!

But you know what? There’s more.

That’s right… it’s across the street from Caltrain. Oh yes! Bring it on!

Buy this house you hipster. You adrenaline junky. You thrill seeker.

Don’t you want to feel alive?

(Thanks to anonymous Burbed reader.)

Comments (10) -- Posted by: burbed @ 5:33 am

May 21, 2008

The City of San Carlos for is for sale at $879,950 – includes Caltrain!

578 CEDAR St San Carlos, CA 94070
Price: $879,950


Beds:     2
Baths:     2
Sq. Ft.:     1,590
$/Sq. Ft.:     $553
Lot Size:     6,500 Sq. Ft.
Age (Years):    84
Year Built:    1924
Type:    Detached Single Family
Style:    Contemporary
Stories:    1 Story
Neighborhood:    Cordes Etc.
County:     San Mateo
MLS#:     805063
Source:     MLSListings
Status:     Active
On Redfin:     3 days
This is an oppertunity for owner or an investor, this property appears to be on a Multifamily Residential lot in a great downtown location. R1 lot in a R3 zone, explor the possibilities with this in town home w/ large 3+car garage. R3 use District: Multiple-family dwellings or apartment houses in a single structure, family care home, two family dwellings in a single family structure;

Sweet. You can now buy the City of San Carlos. And if you look carefully, they even thrown in the Caltrain station! Who knew that San Carlos was only 6,500 sqft though.

But seriously, this is a great opportunity. Just think, you can buy this house now, live in it, and then in a few years, when the house prices has doubled, you can refi, tear down, and build a townhouse! Think of all the passive income baby!

Step 1: Buy house
Step 2: ??????
Step 3: Profit!

If this isn’t the best investment opportunity ever, I don’t know what is. But then again, I’m not an expert on building apartments. Could someone help me do the math to demonstrate how this would be immensely profitable?

(Thanks to Burbed anonymous reader)

Comments (32) -- Posted by: burbed @ 5:57 am

April 16, 2008

If you like Caltrain, you’ll love this San Carlos house

381 Old County Rd, San Carlos, CA 94070 – Property Details.
$629,800

754886464_381old.jpg

* Status: Active
* Bedroom: 2
* Bathroom: 1
* Year Built: 1948
* Lot Size: 5100
* Square Footage: 820
* List Date: 2/28/2008
* Garage Spaces: 1
* MLS#: 781224

Beautiful home invites you in through an elegant archway. Kitchen is remodeled with Granite countertops, stained oak floors, stainless stove and built-in microwave. You will enjoy the comfort & beauty of slate tiled wood burning fireplace. Living room is enhaced with crown molding and wainscoting. Recently landscaped back & front yard with roses, picnic area & many fruit trees.

I’m shocked… I’m surprised… what no mention of “easy access to Caltrain, 7-11, 101, and El Camino” for this house? That’s surprising given the eco-smart nature of the people who live in the Bay Area.

Personally I’d buy it just so I could hear Caltrain remind me that I’m a great global citizen – one committed to reducing pollution. And to remind myself that I can’t back out of the driveway because there’s so much traffic on Old County Road. And to remind myself that I can go around the block to 7-11 anytime.

The City of Good Living indeed!

Comments (12) -- Posted by: burbed @ 5:15 am

April 7, 2008

If you tilt a little, this San Carlos house will look even better!

2005 Howard Ave, San Carlos, CA 94070 – Property Details.
$700,000

* Status: Active
* Bedroom: 3
* Bathroom: 1
* Year Built: 1947
* Lot Size: 4480
* Square Footage: 1120
* List Date: 3/12/2008
* Garage Spaces: 1
* MLS#: 784309

1885288013_2005howard.jpg

West-Side locale-close prox.to downtown,shops,parks,restaurants,EZ to freeways,transportation,airports.Established neighborhood of higher priced homes.There’s a bonus den,all appliances included,attached garage,spacious yd/patio area with mature fruit trees & roses.Electrical was updated.Air conditioning & central heat. Sold as-is to settle estate.Not a short sale,bank repo.,or court confirmation.

This was sent in by a Burbed reader who declined to be named. It looked to him that this house was going to topple over, and perhaps that’s why it’s a mere $700k.

I disagree.

I think that this is actually an artistic technique that the Realtor chose. By using an angle, the viewer is drawn in – his attention grabbed and stolen as he tries to figure out WTF is wrong with the photo. And by doing so, he has captured precious mindshare.

Further adding to the mystique of this abode is this photo:

639206525_12005howard.jpg

The depth of this photo is amazing. The contrast of the fence outdoors and the lit woodpanels indoor seems to indicate that no matter where you go, you are stuck in this house. The green carpet means that whether you’re inside or outside, you’re there. The meaning is so deep my mind spins. I hear copious LSD will really help you appreciate this house.

Well, better buy it soon before this estate gets settled. Whatever that means!

Comments (12) -- Posted by: burbed @ 5:39 am