January 29, 2007

Spring Bounce is Here! People lining up for open house!

Burbed likes chocolate. While driving down Silicon Valley’s Champs Elysees, El Camino Real, Burbed stopped at See’s.

Burbed noticed a huge number of cars looking for parking down the street so that they could see this open house:

MLSlistings Property Detail for MLS number 703938
695 S KNICKERBOCKER DR #00009
Sunnyvale, CA 94087
$595,000

695sknicker.jpg

Homeowners’ Association Fee:$240
Open House Showing
Saturday, January 27, 2007 1:30 PM – 5:00 PM
Sunday, January 28, 2007 1:30 PM – 5:00 PM

This Townhouse has the following features:
MLS#: 703938 Approx Age: 21 Years Approx Sq Ft: 1321
Townhouse 2 Levels End Unit
3 Bedrooms 1 Master Bedroom Suite 2&1/2 Bathrooms

According to Zillow, this last sold 05/01/2003: $390,000. Since then, new carpeting, new paint, and new pergo flooring has been added.

But wait – does that add up to the $209,000 difference between the last purchase price and the current offering price? Of course not! That’s because the intangibles aren’t factored in yet…. For example:

  • The retirement home down the street has become more special.
  • The dumpster for Safeway that’s on this street has become more special.
  • The abandoned store next to See’s chocolate (which has been empty since Stroud’s went out of business) has become more special.

All kidding aside though, people were practically waiting for parking spots to go to this open house. There were families with kids, couples, some older people – milling about. Some were waiting to go in, some were just coming out.

It’s not clear if a deal was made… but may I be so bold as to predict that there will be 6 offers and that the final selling price will be in the $600’s? Possibly $660,500?

How did I get this fair market price? Easy: $500 per square foot.

If it’s not $500 per square foot, it’s not Silicon Valley.

Is this the famed spring bounce? Did prices hit a low? Will 2007 be the year when the $600 per square foot becomes the norm?

I guess we’ll just have to wait and see.

Click here to post a comment -- Posted by: burbed @ 5:40 am






January 22, 2007

What if a mobile home got stuck and couldn't move?

MLSlistings Property Detail for MLS number 668397
782 LAKEWOOD DR
Sunnyvale, CA 94089
$639,500

782lakewood.jpg
Welcome home to classic Lakewood Village
New Reduced Price!

* 3 bedrooms, 2 baths, including a master suite with walk-in closet
* Large 6,098 SF lot with spacious and lush grass backyard and outdoor patio
* Update tile kitchen with newer appliances including gas range and counter seating
* Vaulted ceilings, fireplace, & a bright and cheery ambiance
* Attached 2-car garage plus long driveway
* Great location in Silicon Valley in a family-friendly neighborhood!

This Single Family Residence has the following features:
MLS#: 668397 Approx Age: 49 Years Approx Sq Ft: 1108
Detached Single Family 1 Story 3 Bedrooms
1 Master Bedroom Suite 2 Bathrooms 1 Stall Shower
1 Shower over Tub 1 Tub Breakfast Bar

Seriously… that’s not a mobile home that simply got stuck and rooted in Sunnyvale one day? It’s gotta be!

Click here to post a comment -- Posted by: burbed @ 6:50 am

January 11, 2007

What's $925,000 and has bars on the door?

MLSlistings Property Detail for MLS number 671702
319 ROOSEVELT AV
Sunnyvale, CA 94085
$925,000

319roosevelt.jpg

This Single Family Residence has the following features:
MLS#: 671702 Approx Age: Unavailable Approx Sq Ft: 1300
Detached Single Family 2 Stories Traditional
3 Bedrooms 2&1/2 Bathrooms 2 or More Stall Showers
1 Tub Separate Family Room Separate Dining Room

So let’s say you buy this house – what do you do next?

Of course, you tell your friends living outside of the Bay Area: “It’s special here! What a great deal!”

Click here to post a comment -- Posted by: burbed @ 5:50 am

December 29, 2006

Followup: 587 Balsam Av is now a whitehouse! not a bluehouse!

Burbed covered this house in early November…

“BUY IT NOW!!!” The owner demands you to! — Burbed.com: Your Silicon Valley Home and Mortgage Insanity Blog

Well, check out the house now!

587balsamblue.jpg

That’s right! It’s now a whitehouse!

I’m surprised they didn’t add more exclamation points to celebrate!!!!!!!!!!!!!!!!!!!!!!!!

Click here to post a comment -- Posted by: burbed @ 5:46 am

December 22, 2006

"ON THE WORLD RENOWN SAN FRANCISCO PENINSULA" a barely standing house

MLSlistings Property Detail for MLS number 669922
868 SAN MATEO CT
Sunnyvale, CA 94085
$549,900

868sanmateo.jpg
A CHANCE TO BUILD YOUR DREAM HOME!
A HOME WITH TONS OF POTENTIAL, LOCATED ON THE WORLD RENOWN SAN FRANCISCO PENINSULA, JUST MINUTES FROM SHOPPING, ENTERTAINMENT AND SCHOOLS. THIS RANCH HOME IS WAITING FOR THE RIGHT OWNER TO BRING IT BACK TO IT’S ORIGINAL CONDITION. THIS IS YOUR OPPORTUNITY TO MAKE IT THE HOME YOU HAVE ALWAYS WANTED. THE HOME IS DOWN TO THE STUDS, IT HAS A NICE YARD, TWO CAR GARAGE AND IS LOCATED ON A CUL DE SAC. HURRY THIS COULD BE YOUR ONE OF A KIND MASTERPIECE. AND AT SUCH AN AFFORDABLE PRICE THIS HOME WON’T LAST LONG!

This Single Family Residence has the following features:
MLS#: 669922 Approx Age: 50 Years Approx Sq Ft: 1078
Detached Single Family 1 Story 3 Bedrooms
1 Bathroom Gas Heat City/Public Water
2 Car Garage Attached Parking Lot: 4,500 to 6,500 Sq Ft

1) When did Sunnyvale join the “peninsula”?

2) When I think San Francisco, I don’t think Sunnyvale

3) This really is one of a kind – mostly because it’s surprising its still standing. Click on the virtual tour to see what’s left of this fiasco. Here’s a quick teaser:

worldframe.jpg

Click here to post a comment -- Posted by: burbed @ 5:31 am

December 15, 2006

$550,000 for a house with hole in wall and door over counter in Sunnyvale

MLSlistings Property Detail for MLS number 669528
590 CYPRESS AV
Sunnyvale, CA 94085

590cypress.jpg
$550,000

This Single Family Residence has the following features:
MLS#: 669528 Approx Age: 54 Years Approx Sq Ft: 865
Detached Single Family 1 Story Ranch

So far… not too bad. A reasonable price for a 865 sqft house in special silicon valley. But there’s more…

590cypressb.jpg

Ah. Now it’s perfect!

Click here to post a comment -- Posted by: burbed @ 5:35 am

December 1, 2006

Have you ever wanted to live at an intersection?

MLSlistings Property Detail for MLS number 638895
405 S SUNNYVALE AV
Sunnyvale, CA 94086
405sunnyvale.jpg

$925,000

This Single Family Residence has the following features:
MLS#: 638895 Approx Age: Unavailable Approx Sq Ft: Unavailable
Detached Single Family 2 Stories Contemporary
3 Bedrooms Ground Floor Bedroom 1 Master Bedroom Suite
Loft Bedroom 3 Bathrooms 1 Stall Shower

Not a lot of details for this “house” (if that’s what it is) right now – but if they market it as “nice quiet neighborhood”, I think I’ll asplode.

Click here to post a comment -- Posted by: burbed @ 5:19 am

November 15, 2006

"Gorgeous 10 years Sunnyvale Singal Family Home"

MLSlistings Property Detail for MLS number 666033
460 N FAIROAKS AV
Sunnyvale, CA 94085

460fairoaks.jpg

$625,850
Open House Showing
Saturday, November 04, 2006 1:00 PM – 4:00 PM
Sunday, November 05, 2006 1:00 PM – 4:00 PM
Reduced $85k must see
Gorgeous 10 years Sunnyvale Singal Family House

* Larry 3 bedroom Single Family House, 1249sqf
* New Interior/Exterior Paint
* Hardwood/Carpeted Floors
* double pane windows New Water Heater
* New A/C, appliances. Washer/Dryer
* close to parks, freeway access, downtown and shopping

This Single Family Residence has the following features:
MLS#: 666033 Approx Age: 10 Years Approx Sq Ft: 1249
Detached Single Family 2 Stories 3 Bedrooms

1) What the heck? Is this house hiding behind other houses because it is shy?

2) What’s a singal house? Was it designed by a famous Singal?
3-6% my friends… worth it?

Click here to post a comment -- Posted by: burbed @ 5:14 am

November 14, 2006

"BUY IT NOW!!!" The owner demands you to!

MLSlistings Property Detail for MLS number 661151
587 BALSAM AV
Sunnyvale, CA 94085

587balsam.jpg

$638,000
Open House Showing
Sunday, November 05, 2006 1:00 PM – 4:00 PM
SEE IT & BUY IT!! CLEAN & TIDY STARTER!!
BEAUTIFUL & AFFORDABLE!! BUY IT NOW!!!
BEAUTIFUL SUNNYVALE HOME IN QUIET LOCATION. WALK TO PARK!! SPACIOUS LIVING ROOM, LIVING ROOM, & BATH. LIGHT & BRIGHT. THREE BEDROOMS AND ATTACHED 1 CAR GARAGE. CONVENIENT TO TRANSPORTATION, FREEWAYS, SHOPS. GOOD SCHOOLS:SUNNYVALE ELEMENTARY & MIDDLE SCHOOL, FREMONT UNION HIGH SCHOOL DISTRICT.

This Single Family Residence has the following features:
MLS#: 661151 Approx Age: 54 Years Approx Sq Ft: 1009

That’s right. DO NOT RESIST. Buy it now!!! You have no choice! The owner demands you to!

Click here to post a comment -- Posted by: burbed @ 5:13 am

October 20, 2006

Welcome to America (Av) – Cheapest House in Silicon Valley

MLSlistings Property Detail for MLS number 658848
318 AMERICA AV
Sunnyvale, CA 94085
318america.jpg

$450,000

This Single Family Residence has the following features:
MLS#: 658848 Approx Age: 86 Years Approx Sq Ft: 672

This is the cheapest standalone house in Silicon Valley (if you exclude Los Gatos mountains) – and it’s just fun thinking that you might get a gift basket that says “Welcome to your 672 sqft home on America”

Comments (4) -- Posted by: burbed @ 5:38 am