February 8, 2014

Fixer Upper in Palo Alto – Just $1.85 million!

Oh, frabjous day! Well, what are you waiting for?

140207-oberlin-redfin2114 OBERLIN St
Palo Alto, CA 94306
$1,895,000

2 Beds
2 Baths
896 Sq. Ft.
$2,115 / Sq. Ft.
Built: 1932
Lot Size: 6,250 Sq. Ft.
On Redfin: 12 days
Property Type: Detached Single Family
Stories: 1
County: Santa Clara
Style: Cottage/Bungalow
Community: College
MLS#: 81402493

RARE OPPORTUNITY IN COLLEGE TERRACE! 2 COTTAGES IN ORIGINAL CONDITION ON THE PROPERTY (BUILT IN 1932). Each Cottage has one bedroom and one bathroom. LOT SIZE 6,250 sq ft per City of Palo Alto Parcel Map and RealQuest(Lot Width/Depth: 50 X 125). Two one-car garages.

140207-oberlin-drivewayTwo one-car garages! Now THAT is a rare opportunity.

What’s even rarer is a peek inside either cottage.  No such luck.  The agent figures both of those puppies have a big date with the bulldozer.  It’s enough to make you lament for the poor average millionaires who will have to share the block with another billionaire running roughshod all over them.

Comments (26) -- Posted by: madhaus @ 7:02 am






December 13, 2013

Celebrate this Property’s Centennial by Making it Yours

Other than the grousing about infrequent updates, people often say to us: “If only Burbed would run more older homes full of character!”  If only.  This Woodside wonderama features a house built in 1914 complete with a stupid street name PLUS the designer of the flipping playhouse gets a name-check. If that doesn’t make you reach for your bank-check, we don’t know what’s wrong with you.

Thanks very much to Burbed reader Petsmart Groomer for sending something in even when we didn’t feel like posting squat.

131210-upenuf-redfin37 UPENUF Rd
Woodside, CA 94062
$1,995,000

5 Beds
5 Baths
2,800 Sq. Ft.
$713 / Sq. Ft.
Built: 1914
Lot Size: 4.30 Acres
On Redfin: 102 days
Status: Active
Property Type: Detached Single Family
Stories: 2
Community: Old La Honda Road Area
MLS#: 81332003
Style: Cabin, Cottage/Bungalow
View: Bay, Valley, City Lights
County: San Mateo

Welcome to Upenuf View Lodge, circa 1914, one of the original lodges in the hills. 3 bed/3 bath on 4+ acres. Artist studio built in the 1860′s, and 2 bed/2bath guest house. Unique opportunity to bring this family compound into the 21st century. Live amongst the Redwoods with unsurpassed views of the valley. Barbara Butler designed playhouse. Award winning Portola Valley Schools. Only 10 minutes to 280

131210-upenuf-wutWait – artist studio built in the 1860s? That would be like being built in 1660 if this were the East Coast, or 1060 if we were in England.

Do you think this is the studio that dates from the Civil War, or just the Barbara Butler designed playhouse? Inquiring minds want to know… who the heck is Barbara Butler?

Also, check out the map on Redfin, this home is west of Skyline.  From some of the other Redfin photos, you’ll find this property is much more La Honda Hippie than Woodside Wealth.

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

September 27, 2013

Speaking of million dollar fixer uppers, here’s one

Only this one isn’t in Palo Alto or even Piedmont. Indeed.

130926-3rd-redfin402 N 3RD St
San Jose, CA 95112
$1,650,000

— Beds
— Baths
3,192 Sq. Ft.
$517 / Sq. Ft.
Built: 1898
Lot Size: 6,302 Sq. Ft.
On Redfin: 30 days
Status: Active
Stories: 2
Community: Central San Jose
MLS#: 81331712
View: Neighborhood
County: Santa Clara

great investment

Not that we’re going to let you, you know, LOOK IT OVER.

This property isn’t all that big and neither is the lot, but it’s supposedly divided (or could be) into little apartments. Buy this house and set yourself up for life as a future slumlord!

Comments (5) -- Posted by: madhaus @ 7:04 am

September 18, 2013

Diamond in the rough. Really rough. For many diamonds.

We’re continuing this Week of Win, jumping to a new county each time. Today we’re headed to Santa Clara, the Mission City.  As in, your mission, should you decide to accept it, is to tell us everything you just love about today’s featured property!

We’ll start. It’s on a street named for an architect!

130917-wren-redfin990 WREN Ave
Santa Clara, CA 95051
$1,598,000

3 Beds
2.5 Baths
2,250 Sq. Ft.
$710 / Sq. Ft.
Built: 1963
Lot Size: 0.52 Acres
On Redfin: 55 days
Status: Active
Property Type: Detached Single Family
Stories: 1
Community: Santa Clara
MLS#: 81326991
Style: Traditional
View: Neighborhood
County: Santa Clara

* Diamond in the rough * Huge Lot * Buyer to verify if the property can be subdivided into 3 lots * With TLC, this house is full of potential

130917-wren-lawnThis house is indeed full of something.  Unfortunately there are no pictures inside so we’re going to have to guess what that is.

Also we’re scratching our heads over how much potential this home is full of, especially with the subdivision suggestion. Maybe it has the potential to have even uglier houses much closer.

Comments (4) -- Posted by: madhaus @ 7:02 am

September 4, 2013

She’s a Brick …House …in Los Gatos

Ready for some housing win? Sure you are.  Burbed reader nomadic has just what we need: great photos and an even greater price. Plus, Redfin says it’s not for sale and Movoto says it certainly is!

130903-englewood-movoto16600 Englewood Ave
Los Gatos, CA 95032

$1,600,000
Loan Payment: $6,204/mo
Bedrooms: 3
Bathrooms: 1
Size: 1,264 sqft
$/sqft: $1,265/sqft
Type: Single Family House
Year Built: 1947
Lot Size: 12,752
Days on Movoto: 59 days
MLS#: 81324091
Status: Active

Location, Location, Location, A beautiful, flat, corner 12,752SF site in a prime neighborhood of Los Gatos, close to downtown, schools, and all conveniences. Build new or remodel existing property which can be lived in or rented while obtaining permits and plans for your new home. House is being sold as is…

130903-englewood-kitchenBuild new or remodel. Guess “turnkey” is the wrong word for this listing. Let’s listen to nomadic’s words instead.

The listing agent forgot to put “value is in the land” in the description, because this is a prime teardown candidate.  However, at $1.6M it’s priced about $600k too high for just the land.  Look at the weird construction.  The interior walls all show the brick.  Does this house really not have any insulation?  The bricks are large too, adding a certain cinder block (non)appeal.

We especially like this paired photo set. Can you tell if you’re looking at the same room or not?

130903-englewood-room1130903-englewood-room2

Google Streetview reveals that the driveway gave up halfway from the house.

130903-englewood-streetview

Comments (5) -- Posted by: madhaus @ 7:06 am

August 23, 2013

Serenity is just the beginning in Palo Alto

It’s Friday! That means another weekend coming up, so let’s end this block of Housing Win with something really, truly excellent. We think Burbed reader Wendie has found it. Read on and see if there’s gold in them thar flats.

130822-ramona-redfin3243 RAMONA St
Palo Alto, CA 94306
$1,679,000

3 Beds
2 Baths
1,720 Sq. Ft.
$976 / Sq. Ft.
Built: 1951
Lot Size: 6,250 Sq. Ft.
On Redfin: 14 days
Status: Active
Property Type: Detached Single Family
Stories: 2
Community: Midtown
MLS#: 81328972
Style: Mediterranean
View: Neighborhood
County: Santa Clara

Nestled on a spacious lot, this 3 bedroom 2 bath custom home filled with tons of natural light and serenity is just the beginning. In the heart of Midtown and close to all conveniences, transportation and nationally ranked schools, this home is perfect for your family now and into the future.

130822-ramona-familyWendie had something to say about the photo above,

The realtor should be ashamed of himself.  Even the first photo is full of junk on the driveway! I don’t really understand why someone trying to sell a 2M would not even THINK to get a housecleaner to remove the junk in and out of the home before he started taking photos!!!

130822-ramona-kitchenJunk on the driveway? Looks like valuable prizes to us! What could be under those tarps? Buy this house (for a little bit less than $2M) and find out!

And at least they picked up the junk off the kitchen floor. (At least from this angle.)

Let us know what treasures you can find in this listing!

Comments (6) -- Posted by: madhaus @ 7:04 am

August 20, 2013

PEACEFUL MBRM IN MTVW

We’ve got a really hot Mountain View property for you today from Burbed reader LomaLuvr. Feel the burn as you tour this one virtually.  Whoops, too late! SOLD!

130819-yorkton-redfin2676 YORKTON Dr
Mountain View, CA 94040
Sold for $1,565,000

4 Beds
3 Baths
1,975 Sq. Ft.
$792 / Sq. Ft.
Built: 1965
Lot Size: 8,000 Sq. Ft.
Sold On: Aug 16, 2013
Status: Sold
Property Type: Detached Single Family
Stories: 1
County: Santa Clara
Style: Ranch
Community: Grant
MLS#: 81324377

WAVERLY PARK SINGLE STORY * NEW INT/EXT PAINT, NEW PLUSH CARPET/PAD * SPACIOUS KITCHEN, ISLAND, BREAKFAST BAR & NOOK, NEW LINO * FORMAL DINING RM, STEP DOWN LIVING RM, SEP FAMILY RM, CEILING FAN, FP W/ INSERT * PEACEFUL MBRM, SLIDER TO BACKYARD, CEDAR LINED CLOSETS * INS LAUNDRY, GAS & 220V HOOKUPS * NEWER WATER HEATER * OVERSIZED LOT, AGGREGATE PATIO, WELL MANICURED, SHED W/ NEWER ROOF * WALK TO COOPER PARK!TOP NOTCH SCHOOLS!

Great real estate photography means plenty of overbidding! This delightful home went for an extra $115K and we’re positive these radiant pictures helped. And you know when we say radiant we really mean radioactive.  Let’s have a look around.

130819-yorkton-greenery130819-yorkton-kitchen130819-yorkton-family130819-yorkton-bath

So far, so good! And doesn’t every bathroom need a prominently featured puffer fish on the vanity?  Pro Tip: When photographing a room in HDR, wait for the fan to stop spinning.

130819-yorkton-view

This bedroom converted to an office not only shows an intriguing attempt at décor, delightfully framed by the original window and view to match.

130819-yorkton-decor130819-yorkton-guest-towels

There’s so much you can do with fabric choices to liven up a room! Looks like whoever staged this bathroom embraced the concept of More is More.  Bunus: Empty toilet roll!

130819-yorkton-yard130819-yorkton-loom

Don’t forget the back yard! The generous grounds guarantee lots of space… for you to cook all summer, because there isn’t a shred of lawn anywhere. Plus the house next door has a great view of everything you’ll be up to.

We’re still trying to figure out which part of the yard is WELL MANICURED, the AGGREGATE PATIO or the SHED W/NEWER ROOF.  NEWER than what, the 1965 house?

Comments (6) -- Posted by: madhaus @ 7:01 am

August 6, 2013

SELLER PREFERS “AS IS SALE”. FOR GREAT JUSTICE.

Let’s now return to what makes Burbed the destination real estate site for the entire Bay Area. No, we’re not referring to our excellent Bay Area Bubble 4.0 coverage or our extensive featured looks at half million dollar crapboxes.  Today’s entry is what makes the Real Bay Area so very Special: Listings at WTF prices and WTF problems.  Thanks very much to Burbed reader Swan for sending in today’s Los Gatos Gotcha.

130805-blackberry-redfin16480 BLACKBERRY HILL Rd
Los Gatos, CA 95030
$1,795,000

3 Beds
3 Baths
3,046 Sq. Ft.
$589 / Sq. Ft.
Built: 1976
Lot Size: 5.17 Acres
On Redfin: 28 days
Status: Active
Property Type: Detached Single Family
Stories: 2
Community: Los Gatos/Monte Sereno
MLS#: 81324314
Style: Ranch, Spanish
View: Bay, Canyon, Valley, City Lights
County: Santa Clara

Excellent Candidate For 130805-blackberry-fadeddyeRemodel or Build Dream Home. Sweeping Views From Most Rooms. Upstairs 3BD/2BA/KIT/DR/LR/UTIL. RM. Downstairs Game Room w/ Slider, Office W/ Bath & Large Storage Room. Lots Of Storage, Cabinets and Closets Everywhere. 1.5 Miles From Los Gatos. WATER WILL BE TURNED OFF. DO NOT USE TOILETS. Seller Wants NO CHILDREN in property. .FOR SAFETY REASONS. SELLER PREFERS "AS IS SALE".

130805-blackberry-bath

Let’s have Swan float in here.

[Today’s home] is in the same area as the Kennedy home [submitted last week].  This house is on Blackberry Hill Road:  .  You know it’s Burbed material when then listing starts with, "Excellent candidate for remodel."  In this case, the listing gets even better!  "WATER WILL BE TURNED OFF. DO NOT USE TOILETS. Seller Wants NO CHILDREN in property. .FOR SAFETY REASONS."  There is an open house this weekend.  I so want to go with a full bladder and a few small children who can run wild while I try to use the bathroom!  Be sure to check out the pictures of the lovely wallpaper in the kitchen and master bath!

130805-blackberry-kitchenThat is quite something, although our gaping is for the photo above it of the grounds. It looks like it was taken in 1972 and left in a shoebox so the dyes would age properly.  And it makes the kitchen treatment look almost contemporary. Oh wait, we meant contemptuous. Using that white tile isn’t fooling anyone; that kitchen was remodeled in 1987 whether it needed it or not!

Remember the WATER WILL BE TURNED OFF.  FOR SAFETY REASONS.

Comments (4) -- Posted by: madhaus @ 7:03 am

August 5, 2013

Overbidding in Mountain View. Real Overbidding

We’ve discussed Real Bay Area cred many times here, and one way to tell you’re dealing with the RBA is that of course your property should attract plenty of overbidding.  Burbed reader steve writes in to let us know about a blog post that discussed what the sellers are thinking when getting those bids.

This couple traded up from Mountain View to Palo Alto, rebuilding their house as well.  But it’s this piece on the sale of their Mountain View house that we think Burbed readers would find intriguing.  What kind of bids go straight into the trash, never to be considered? Which bids made it to Round 2 of overbidding?  And do you consider the “winner” of this process to be the Stupidest Person Left Standing, or the Lucky Owner of a home in Mountain View’s finest zip code?

Sold! A behind the scenes look at the selling of our Mountain View home & tips for buying in a crazy market.

130804-overbids-house

Kudos to our real estate agent, Erika Enos! Our house sold fast and for more than we were expecting.

This week we officially handed over the keys to the Cuesta Park Charmer. We are very happy that we found a nice new family to love the home and the process went relatively smoothly. Compared to the angst of being on the bidding side of the table being a seller is this market is a joyride. Here’s how everything played out:

The Stats

List price:  $1,228,000
Sale price: $1,603,500 (~30% over asking), no contingencies, 25-day close
Open House visitors on Sat & Sun: ~150
Views of virtual tour: 8091 (32% of referring web pages came via HomeCrunch! vs. 26% via MLS)
Requests for disclosure package: 35
Offers: 10

You can read all the details over on Kay Luo’s site HomeCrunch, which is mostly about their adventures building their new house there. But what can the Burbed reader take away from this sellers-eye-view of the overbidding process?  Let’s take a look at the house itself.

130804-bond-redfin780 BOND Way
Mountain View, CA 94040
Sold for $1,603,500
Listed for $1,228,000

4 Beds
2.5 Baths
1,983 Sq. Ft.
$809 / Sq. Ft.
Built: 1952
Lot Size: 5,096 Sq. Ft.
Sold On: Jun 10, 2013
Status: Sold
Property Type: Detached Single Family
Stories: 1
Community: Miramonte
MLS#: 81315689
Style: Ranch, Contemporary
View: Neighborhood
County: Santa Clara

Perfect marriage of craftsman and contemporary renovation. Rare 4 bedroom, 2 1/12 bath home with family rm which has access to private patio & rear garden. Hardwd flrs, copious storage in state of the art kitchen, skylights in kit & family rm. Contemporary styled baths, spacious master suite, 4th bedrm perfect for office or nursery, newer roof, close to Cuesta Pk, dwntwn Mtn Vw & all Silicon Valley

130804-bond-livingThis couple did one thing right: they bought in the RBA. We know this house is in the RBA, not only from the 94040 zip code, but the fact that the home sold for more than double in only eight years. QED!  (That stands for Quite Excellent Deal!)  They did this despite not having a picture of the front of the house in the first picture, too.

Now, let’s examine what we can learn from the blog post itself.

First, the list of which offers were considered and which weren’t is useful.  If you’re still house hunting, maybe you’re making one of the mistakes called out there.  That means stop putting in contingencies in your bids during a seller’s market.  Instead, ask the seller what contingencies they would like to place onto the buyer.  How about 90 days’ free rent after the sale for starters?

130804-bond-bedroomNext, while suitcases full of cash may not be King, they’re still pretty Ace.

Third, if you write an entertaining blog, you can send plenty of people to look at your virtual tour.  That is, you can get more referrals from you own blog than the MLS.

Fourth, you know those stupid beg letters we’ve been laughing at? They work.  So if you want to buy someone’s house full of family memories and rip it to pieces, write a tear-jerking letter about how much you love the place and how it’s perfect for your 2.1 children and pooch.  After you buy it, fire up the bulldozer because it’s yours and tough luck if the sellers actually believed your fanfiction.

What do you think of Kay’s look at being an overbid recipient?

Comments (21) -- Posted by: madhaus @ 7:09 am

July 9, 2013

Updated: Bay Area Real Estate Bubble 4.0: Not Over. Nuh Uh Uh.

130708-28th-priceisrightThis weekend we featured a Murky News article claiming that frenzied overbidding on Real Bay Area homes was done. It wasn’t the only such piece claiming that RBA overbids out of suitcases full of cash were coming to a halt.  To which we say: Sure it is. Redfin is tracking the bidding wars, and they say it’s cooling off… outside the RBA.  Specifically, there are fewer multiple bid situations outside California, and in the Golden State, things have eased up a bit in the Southland.  But don’t worry.  It’s Still Special Here.

Let’s find out just how special with this home sent in by Burbed reader mtv-renter.

130708-28th-redfin440 28th St
San Francisco, CA 94131
Sold for $1,756,000

2 Beds
2 Baths
1,057 Sq. Ft.
$1,661 / Sq. Ft.
Built: 1910
Lot Size: —
Sold On: Jul 2, 2013
Status: Sold
Property Type: Attached, Full, Single-Family Home
View: Panoramic, Bay, Hills
County: San Francisco
Style: Victorian
Community: Noe Valley
MLS#: 408763

Much sought after charming single family home with spectacular southern views. Very bright and light. Main level features lovely dining area, spacious living room, office area, stunning remodeled granite kitchen and marble bathroom. Opening to a secluded charming backyard, perfect for entertaining. Second level features two bedrooms with original built-in dresser drawers. Fabulous, new bath with marble walk-in shower. One of the bedrooms overlooks the enchanting garden and the other captures the southern view. There is a lower level just waiting to be finished with great expansion potential!

130708-28th-bedroomTake it away, mtv-renter!

Oh holy hell, the good times are back!

I visited this place myself, but given the line out the door for the open house, didn’t even consider placing a bid. Good thing!

Asking price: $989k, sold for $1,756,000, that rounds up to 78%. This is an astounding $1,661/sqft.

It gets better,

last sold for $749,000 on Sept 24, 2010. That’s $1,007,000 in appreciation over 1012 days, or $995/day.

130708-28th-yellowEveryone should buy in San Francisco. Riches await!

But wait, there’s more!

It gets better, check out the buyer’s agent’s name:

Trim Wellbeloved, 
Pacific Union International
DRE #01209860

You know, we prefer to point ‘n laff at realtard behavior rather than their names, but in this case… well, there it is.  Meanwhile Burbed reader Petsmart Groomer notes that this house has come to the attention of SF Curbed.  Where, asks PG, is the million dollar upgrade?  After all, in 2010 it took 3 price cuts to finally change hands at… $749K despite appearing on television!

130708-28th-redfin2010440 28th St
San Francisco, CA 94131
Sold for $748,000

2 Beds
1 Baths
— Sq. Ft.
Built: 1910
Lot Size: —
Sold On: Sep 27, 2010
Status: Sold
Property Type: Attached, Full, Single-Family Home
View: Panoramic, Hills
County: San Francisco
Style: Victorian
Community: Noe Valley
MLS#: 370108

Big reduction. Please come see this Victorian Noe Valley Home as featured on the TV Show Sell This House. It has amzing Southern Hills Views. Two bedrooms and One Bath. Period detailing throughout the house. Near shops and restaurants.

Why that million dollars is clearly in the kitchen. The stainless steel fridge must be worth $400,000 all by itself.

130708-28th-kitchen-2010130708-28th-kitchen

130708-28th-redfin-restatedBunus: extra bathroom! That’s got to be the other $600,000!

Update 7/10/13: Seems the realtard made a little mistake with that sale price. It’s actually only $1,150,000. However, realtards typing in completely WTF numbers into listings is simply a different kind of Burbed win. So it’s all good, as long as you aren’t the realtard.

See the comments for more details. You should be reading comments on all our articles, anyway. You should be posting in comments, too. Don’t agree? Explain why! In our comments!

Comments (26) -- Posted by: madhaus @ 7:03 am