April 11, 2013

Just say you know the way to San Jose

BlogAtoZ-JYes, we’re still in the Blogging from A to Z Challenge, and the Juicy Joint de Jour is right here in the wanna-be capital of Silicon Valley: San Jose!  Poor San Jose.  This city and its metro Just can’t catch a break. San Jose is bigger than San Francisco, but nobody loves it.  Even when Journalists mention Silicon Valley they’re usually talking about Palo Alto and Mountain View.  San Jose has been Jolted by spending problems, while the local Journal hasn’t heard anything from the mayor it wouldn’t Join.

So are you Jazzed?

130410-cadwallader-redfin4140 CADWALLADER Ave
San Jose, CA 95121
$1,100,000

3 Beds
3.5 Baths
2,525 Sq. Ft.
$436 / Sq. Ft.
Built: 1915
Lot Size: 1.51 Acres
On Redfin: 117 days
Property Type: Detached Single Family
Stories: 1
Community: Evergreen
MLS#: 81243242
Style: Ranch
View: Mountains, Valley, City Lights
County: Santa Clara

Very private and quiet 1.5 acres with panoramic view! Surrounded by upscale new homes, existing 3BD 3.5BA farm house with pool has great potential for future vineyard estates with TLC. Enjoy Fig, Apricot, Prune and Cherry trees and huge garden. Rural residential zone. Livestock, horse allowed. Minutes to Evergreen Village Square, Community Center, Library, College, Reid Hill Airport.

130410-cadwallader-pavedLooks like another round of “never mind the house, look at all this land!” in the photoset. And there’s enough for you to plan your next startup Web-enabled Social Media Just-in-time Agile Japanese Lean 6.0 App, be a Job Creator, plus room to set up housing for any workers who can’t afford to live further north!

Ja, you could be the next Steve Jobs! And if your venture doesn’t succeed, how about Jumping into a Juvenile Jail franchise?  If that doesn’t Jibe, there’s always land! Just plant Jicama and Jalapenos to stay out of Jeopardy!  For great Justice!

Also, if horse allowed, so is Jackass.

Comments (3) -- Posted by: madhaus @ 5:05 am






March 15, 2013

2+2- Car Garage w/compressor, lift, upstairs Art Studio

It’s almost time for the weekend, and that means more Open Houses!  Now that Daylight Savings Time is fully in force, we can dispense with Winter Bubble and move directly to Spring Bounce.  So let’s have a look at this stupendously staged showcase, courtesy of Burbed reader Darkhorse.  Thanks very much!  And remember, if you have the perfect (by which we mean not at all perfect) listing for our front page, send it on in with your nominating speech, and you can also have your completely arbitrary internet handle turned into a tag!

130314-hurst-redfin1621 HURST Ave
San Jose, CA 95125
$1,245,000

3 Beds
3 Baths
2,150 Sq. Ft.
$579 / Sq. Ft.
Built: 1984
Lot Size: 6,435 Sq. Ft.
On Redfin: 3 days
Property Type: Detached Single Family
Stories: 2
Community: Willow Glen
MLS#: 81307527
Style: Tudor
View: Neighborhood
County: Santa Clara

Upcoming Open Houses

Saturday, Mar 16: 1:00-4:00 pm
Sunday, Mar 17: 1:00-4:00 pm

Regular & As-Is Sale, a Unique Custom Built Tudor Style Home w/ many upgrades in the last 4 years; Master suite w/ fireplace, guess bedroom, Sauna & Den upstairs; Master bed, 3rd bath w/ shower/steam room, kitchen, pantry/wine cellar, separate laundry area w/ butler downstairs; Beautiful landscaping; 2+2-Car Garage w/ compressor, lift, upstairs Art Studio/Recreation Room/Storage & Long Wide Drive Way.

130314-hurst-doghoWhat did Darkhorse find so Special about this house?  Surely it wasn’t just the compressor.

Willow Glen Listing — Thought you might enjoy this listing. The photos are stunning,  maybe a new staging technique, wonder if the tiger and swords are included with the purchase price.

Tiger? Swords? Darkhorse, how could you possibly miss the DOG PET HANGING OUT?  (Burbed reader DonnieJ says that’s a cat.)

130314-hurst-tiger130314-hurst-swords130314-hurst-saddle130314-hurst-tchotchkes

Guess when a house has staging of this caliber, the buyer won’t mind that a Unique Custom Home w/ many upgrades in the last 4 years needs to be listed as-is. But don’t worry, it’s a REGULAR SALE! Park anywhere on the Long Wide Drive Way.

Comments (15) -- Posted by: madhaus @ 5:08 am

March 8, 2013

Super Fun site in Mountain View, Perfect for entertaining!

Let’s finish out the week with a double dose of Mountain View Bubble 4.0: this house is a floor wax and a dessert topping. Today’s featured property was brought to you courtesy of Burbed reader bublidoo.  Thanks very much for a listing so aerated that we had to go to four different sites until we found a photo of the actual house as it exists today.  Yep, pending in a week!

130307-whisman-movoto460 N Whisman Rd
Mountain View, CA 94043
$1,149,000

Loan Payment: $4,000/mo
Bedrooms: 4
Bathrooms: 3&1/2
Size: 1,999 sqft
$/Sqft: $574/sqft
Type: Single Family House
Year Built: 2013
Lot Size: 4,960
Days on Movoto: 9 days
Neighborhood: Whisman
MLS#: 81305578
Status: Pending – Do Not Show

Stunning newly constructed custom 4/3.5 Craftsman located on a great lot close to downtown MV, Google and easy commute routes! This gorgeous open floor plan inc. 2 master suites, one 1st floor, 3.5 designer baths, gourmet chef?s kitchen with granite counter tops & stainless steel appliances, large island w/counter seating & sliding doors to patio. Perfect for entertaining! Close to top MV schools!

130307-whisman-kitchenSo why is this house nominated for a big ol’ Burbed hug? Let’s check in with our reader whose very name implies Bubble 4.0.

wanted to point out this stunning, newly constructed custom craftsman to you. If it was near good schools or downtown Mountain View (the description claims both … but not sure about "near"), perhaps the price could be justified. But what we’re looking at here …

130307-whisman-yardis an asking price well over a million bucks for a single family house (yes, stunning, I forgot, sorry …) on a small lot within the vapor intrusion study area. And the listing comes on the heels of super fun coverage by burbed, the local TV channel, and the Mountain View Voice. One has to wonder why the agent didn’t include "Buyer to attend meetings on toxic vapors. Walk to Google Offices!"

130307-whisman-redfin-pdnsPerhaps there’s been too much super fun coverage already? In that case, no pressure … and hope you had a chuckle.

Cheers!

Oh no, bublidoo, you can never, ever, ever have too much Super Fun.  Want some more?  Let’s look at this house over on Redfin, where’ they’ve pulled down the listing and are featuring the before photo (singular) and listing copy. 

Did we mention how much we love Pending/Do Not Show?  It’s like an extra set of presents we completely missed behind the Christmas tree!  And speaking of extra presents, look what we found on Zillow.  This is like finding out we’re celebrating Chanukah too, as an added extended family holiday, with bunus presents!

130307-whisman-zillow

Wow, who knew that side of the family was so artsy?  (Or too klutzy to use a camera?)  Must be because of those good schools.

Comments (7) -- Posted by: madhaus @ 5:05 am

March 5, 2013

Bay Area Bubble 4.0: Seller Sez Make Me Move from Millbrae

We’ve been calling Bubble on the Real Bay Area for several months.  For the next few days we’ll continue to make the case that the housing bubble in the Bay Area is absolutely unmistakable.  Yesterday, we had a 35% overbid in Prime Palo Alto for a tear-down bungalow on a lot too small for subdivision.  Today, we have an even smaller lot with a return of what we called a “wishing price” when the Bubble was about to pop.  But before it did, we had another name for a WTF asking price.  Let’s see what one would look like in Millbrae.

130304-magnolia-redfin140 MAGNOLIA Ave
Millbrae, CA 94030
$1,100,000

2 Beds
1 Baths
990 Sq. Ft.
$1,111 / Sq. Ft.
Built: 1927
Lot Size: 6,000 Sq. Ft.
On Redfin: 3 days
Property Type: Detached Single Family
Stories: 1
County: San Mateo
Style: Cottage/Bungalow
Community: Highlands
MLS#: 81306376

Charming Two Bedroom and One Bathroom Single Family Home situated on a Lot that is Zoned R-2 (Residential Duplex). This home is located conveniently around the corner from Downtown Millbrae’s Finest Restaurants and Shopping. Great Development Potential, come see this home!

130304-magnolia-shrinkwrapA thousand a foot is a fair price for convenient access to SFO plus two freeways! Plus this is primo real estate photography. At least the agent isn’t snapping pictures in corners like yesterday.

Plus this home is located conveniently around the corner from Downtown Millbrae’s Finest Restaurants and Shopping.  According to Yelp, the Best Restaurant in Millbrae is the Millbrae Pancake House, so we’re talking haute cuisine.  Or at least hot cuisine. 

130304-magnolia-oldlistingNow, this lovely home last changed hands in September 2010, for $675,000.  Aren’t you sorry you didn’t snag it then?  Look at all the instant equity you missed out on!  As you can see from the old listing photo (right), the only improvement done to the home since then was to Photoshop in a better sky.  Also back then the place was “Close to BART, Airport, Freeways and schools.”

Not any longer!  Now it’s just one big Great Development Potential opportunity for you! With a price like this, this is now a Real Bay Area house, therefore the train tracks, airport and freeways must have been relocated.

We hope you realize this is THE SECRET of how to make money in Bay Area real estate:

  1. Buy house not in the Real Bay Area due to its location fail
  2. Eliminate location fail so house moves to RBA
  3. ???
  4. PROFIT!

Remember, a WTF asking price isn’t a Wishing Price unless there’s no chance of getting it. This is a Bubble Price.  This seller is saying, “You want this house? You’re going to have to pay me enough to Make Me Move.”

Comments (10) -- Posted by: madhaus @ 5:06 am

February 19, 2013

Who Wants to Be a Campbell Millionaire?

Anyone can buy a million dollar house in a prestige area.  Well, anyone who had the sense to join the right company before they went public, that is.  But it takes a Special someone to buy a seven digit priced property in the land of homes that cost Not A Lot Of Money™.

130218-oburn-redfin1501 OBURN Ct
Campbell, CA 95008
$1,149,000

4 Beds
3 Baths
2,255 Sq. Ft.
$510 / Sq. Ft.
Built: 1986
Lot Size: 9,594
Sq. Ft.
On Redfin: 2 days
Property Type: Detached Single Family
Stories: 2
Community: Campbell
MLS#: 81304821
Style: Contemporary
View: Neighborhood
County: Santa Clara

Beautiful Executive Campbell Home on Extra Large Corner Lot located in a Cul de Sac. Inviting Master Bedroom Suite with Walk in closets featuring Large Master Bath, Separate Shower and Jacuzzi tub. Oversized 3 Car Garage with extra storage space. Large Backyard has Private Patio with Running Waterfall. Side Yard has Storage Shed/Workshop. Award Winning Campbell School District with High API Scores

130218-oburn-bricksAre you thinking Lord of the Manor? Or is this more Can’t Even Qualify For Real Gray Area?

To which we say, does it even matter? The listing won’t even show you any inside photos. You want to see the inside, you had better buy this house, and quickly, because it’ll be gone before you know it.  Get the begging letter ready, bring your prequalification paperwork, and an extra suitcase full of cash for overbidding.

130218-oburn-kitchen-old

At right is the kitchen from the previous (2008) listing, which called out the granite and stainless.  The current listing copy doesn’t mention the kitchen at all!  Instead it goes on about the jacuzzi and the garage you can’t see instead.  And really, is there anything you can do about it? Well you could rent for the rest of your life, but who would respect you? Wouldn’t you rather live in a house like this and have a close, personal relationship with a series of banks for the next 30 years?

The bubble is back, and this $1.15M house in Campbell says you are its bitch. 

Comments (4) -- Posted by: madhaus @ 5:03 am

January 31, 2013

Mountain View is hot, hot, hot! AMAZING Proof!

SirenBlinkWe’ve been telling you for many months that real estate was taking off in the Greater Googleplex.  Thanks to Burbed reader bublidoo, we have something better than another data point.  We have red-hot proof. Let’s roll through the red light on the way to this piping hot property!

130130-sonia-redfin722 SONIA Way
Mountain View, CA 94040
$1,099,000

0 Beds
— Baths
1,221 Sq. Ft.
$900 / Sq. Ft.
Built: 1947
Lot Size: 7,750 Sq. Ft.
On Redfin: 1 day
Status: Active
Property Type: Detached Single Family
Community: Miramonte
MLS#: 81302687
Stories: 1
County: Santa Clara

AMAZING Location. Steps away from Downtown Mtn View. Large Lot – Build your Dream Home

130130-sonia-streetviewOkay, bublidoo, tell us more.

Houses needing a little TLC selling over 1M have been seen before, a burnt house for 1.1? Figured it could be an interesting data point for you. A realtor would diagnose "hot hot burning hot", probably. Address seems to match. None of this is verified in any way, so please consume at your own risk.

We’re rather impressed with all the news stories provided on the fire, but one of them doesn’t just “seem” to match. It flat out has the exact address.  So what are you all waiting for? Get over there to overbid so you can Build your Dream Home.

Comments (9) -- Posted by: madhaus @ 5:06 am

January 22, 2013

Fastest Flippers in the West?

We love flips.  Take your vintage crapbox that hasn’t been updated since the original owners signed the restrictive covenant, let it marinate for 57 years and mix thoroughly with a cash sale.  Wait 3–6 months and then garnish with new appliances, new paint, new countertops. Of course it’s the same old house under the makeup.

Today’s Los Gatos lovely was sent in by Burbed reader nomadic.  See how long it takes you to figure out what’s wrong with this picture.

130121-anne-redfin135 ANNE Way
Los Gatos, CA 95032
$1,100,000

4 Beds 
2.5 Baths 
2,299 Sq. Ft.
$478 / Sq. Ft.
Built: 1964 
Lot Size: 8,050 Sq. Ft. 
On Redfin: 26 days
Status: Pending Without Release
Property Type: Detached Single Family
View: Neighborhood
County: Santa Clara
Stories: 2
Community: Los Gatos/Monte Sereno
MLS#: 81243731

Huge lot. Incredible Gorgeous tree-lined street in highly desirable Los Gatos neighborhood! This home is another SVHOME renovation that includes stunning remodeled kitchen featuring granite counters, new appliances, new lighting and laminate flooring; baths feature extensive use of travertine stonework. New plumbing fixtures, vanities and lighting; plush new carpeting in all bedrooms, fresh paint

130121-anne-svhomeLet’s check in with nomadic on why this house deserves your attention:

Bought November 16, pergranisteel kitchen, new baths and some paint by December 26, when it was re-listed.  Instantly pending!  $284k price delta.

The flippers’ site: http://www.svhome.com/

Yes, the flipper’s have a site, including a ginormous animated photo-graphic that literally flips in segments while you watch.  They also have a page of all their pending properties, including this one.  Most of the others have a virtual tour.  This one does not.

130121-anne-powerlinesThis one also does not have any photos of that stunning remodeled kitchen featuring granite counters, new appliances, new lighting and laminate flooring. The flippers are asking us to take their word for it about the extensive use of travertine stonework.  They wouldn’t even give us a peek at the plush new carpeting, fresh paint.

Although we are giving you a really good ogle at those sturdy power transmission lines running through the back yard.  Now, check out this unbelievable listing history, courtesy of Zillow:

130121-anne-history

Are you sure there was a flip here?  Really super sure?  Because if there was, it’s still selling for less than they tried to get for it five years ago. (And according to Redfin, they were trying to sell it in 2006 as well.) The November sale price is an eye-opener.  Looks like after five or six years of chasing the market down, the owners finally bailed.  Just a month later it’s back in seven digit range.  All it took was a little pergranisteel and traverstone.

Comments (4) -- Posted by: madhaus @ 5:18 am

November 21, 2012

This Home is Ready for a New Chapter in Home Ownership

Some of our featured properties made it to the front page because the photos are full of curb appeal.  As in a “Peel out from the curb, NOT buying that house.”  Some are here because the price just makes your eyes pop out.  Today’s house has the best features of both, and you know that when we say “best” we mean the exact opposite of “best.”

Many thanks to Burbed reader Tracy Tea House, for finding an abode on an aristocratic avenue.

121120-countess-trulia6107 Countess Drive
San Jose CA 95129
Price:  $1,198,000

Reduced $37,000 on 11/11/12
Est. payment: 
Bedrooms: 4 
Bathrooms: 2 
19 days on Trulia
52 views
Property type: Single-Family Home
Size: Ask agent
Lot: Ask agent
Price/sqft: Ask agent
Year built: Ask agent
MLS/ID: —
Neighborhood: West Valley, 95129
Provided by: Help-U-Sell Corporate
This info was not provided by this listing source.
121120-countess-signAsk an agent for more details about this home.
Listing agent: Adalberto Gonzalez
Broker: Tito Gonzalez

Highly Desirable Location & Part Of The Cupertino Union School District With API Scores 943+ (Muir, Miller & Lynbrook). Great Layout And Extra Permitted 432sq Enclosed Bonus Room. Large Yard With Mature Trees. This Home Is Ready For A New Chapter In Home Ownership. Buyer To Verify Square Footage & Permits. Open House 11/03 & 11/04 from 11:00-3:00pm. Not A Distressed Sale. Come See! ****MLS# 81239614***

121120-countess-livingHere’s why Tracy nominated today’s featured listing:

This house may not be distressed, but these pictures made me depressed. And the PRICE! Campbell schools really driving the price of this house up. The pictures are so gloomy and really, three of one tree? Is it rare? On the plus side, I do love developments with royal names.

Ahem, don’t you go hating on Cupertino schools by confusing them with Campbell.  The listing even 121120-countess-sidemakes a point of naming them (and their test results).

And there’s not just three pictures of one tree, but this interior shot (above) of the living or family room is the only glance you’re going to get inside, and they provided 11 photos.  That means you’ll see plenty of trees.  Or of the same tree.  There are also two pictures of The Right Honorable Countess of Drive, so have a gander at Your Ladyship.

Using Help-U-Sell means the “agent” isn’t going to tell you squat, but a quick glance over at Redfin provides the missing info. (1808 sf, 6099 sf lot, $663/sf, built in 1961.  Was that so hard?)  Guess they have a different understanding of that word “Help” in “Help-U-Sell” as they didn’t even put the MLS number in the Trulia listing (81239614).

121120-countess-street121120-countess-tree

That’s the much-photographed tree at right.  Since it gives us a glimpse at the back of the house we chose that elevation.

Even though this is Not A Distressed Sale, we’re thinking that New Chapter in Home Ownership is Lucky Number 7.

Comments (12) -- Posted by: madhaus @ 5:03 am

November 5, 2012

2x better than a DHO? Belmont house with CHO!

We do enjoy a few inside jokes here at Burbed, and sometimes our new readers may not understand all the mysterious terms.  If you ever wondered what we mean by the acronym DHO (which even has its own tag), today you’re going to find out!

Thanks very much to Burbed reader Divasm for this beautilicious battlement in Belmont!

121104-elder-redfin16 ELDER Dr
Belmont, CA 94002
$1,229,500

4 Beds 
2.5 Baths 
2,490 Sq. Ft.
$494 / Sq. Ft.
Built: 1974 
Lot Size: 0.26 Acres 
On Redfin: 108 days
Status: Active
Property Type: Detached Single Family
Stories: 2
Community: Belmont Woods
MLS#: 81227108
Style: Ranch
View: Bay, Green Belt, Mountains, Canyon, Marina, City Lights
County: San Mateo

Sweeping views of SF skyline, Bridges, East bay. Public rooms on main level:L shaped living/dining rm w/ vaulted ceilings, kitchen w/ granite counters, family rm w/ vaulted ceilings and Fplc. Kitchen/family rm opens to deck. Bedrooms including master suite on lower level open to deck. New in 2006-roof, gutters, decks, driveway, garage door, copper plumbing, carpets, granite counters, water heater. Lot is 11,480 sqft

121104-elder-walkwayHere’s what Divasm had to say when passing this place along:

Bunus! House comes with couple hanging out watching the news!

This house worried me at first – more than half of the photos (13 of 23), including the first 9, are all of the exterior. Three of them feature the family minivan, and pic 6 is of a random stone walkway. So I thought, it must be horrible inside – you know, a contractor’s dream, etc. But it’s not, it seems well taken-care of, actually, It’s just that the current owners seemed to not want to bother with this pesky “staging” thing.

121104-elder-sinkI think the agent probably tried suggesting that maybe they remove some personal things while he took photos – like the dishes in the sink, for example – and they declined. So there they are, sitting in the kitchen at the table, apparently watching the television, which seems to be on some sort of news program from what I can tell.

What’s also weird is the listing history. It appears to have been listed July 19 at 1,295,000, sold on August 17 for 13,000, then Pending Without Release on August 22, now it’s back at $1,229,500. Is the real estate agent as incompetent at MLS history as he is at managing his sellers? He must be, otherwise there would be 8’s in the price.

121104-elder-cho121104-elder-tv121104-elder-cho-zoom121104-elder-tv-zoom

121104-elder-kitchenBut what I really want to know is if that CHO comes with the house…maybe they are the live-in staff. That explains why it says “Public Rooms on main level” in the copy – because your maid and butler stay there (where do they sleep, the minivan?). If so I’m going to need their resumes and references before I buy the house.

If you clicked on the DHO tag, you might have figured out it meant somebody got caught in a listing photo. We have to go back to this house with not one but two Dudes Hanging Out to find the birth of this Burbed meme.

Comments (12) -- Posted by: madhaus @ 5:01 am

October 25, 2012

Coals to Newcastle in Los Altos: Opportunity Abounds

We’ve featured a lot of flips on Burbed.  Today’s front-paged fortress is a flip, but that isn’t what brought it to our attention.  Thanks very much to Burbed reader Swan for this luscious LOLapalooza in Los Altos!

121024-newcastle-redfin-flip1998 NEWCASTLE Dr
Los Altos, CA 94024
$1,498,000

3 Beds
2 Baths
1,700 Sq. Ft.
$881 / Sq. Ft.
Built: 1956
Lot Size: 10,450 Sq. Ft.
On Redfin: 21 days
Status: Active
Property Type: Detached Single Family
Community: South of El Monte
MLS#: 81236495
Stories: 1
County: Santa Clara

Stunning one-of-a-kind home with custom details and top of the line finishes. Sits on huge corner lot, with room to expand in the future. Mahogany doors, windows and cabinets, travertine patios and flooring, hardwood planked flooring, marble bathroom surrounds, luscious backyard with fountain and room for entertaining. Great schools, close to freeways. This will be your dream estate!

“Dream estate” may be overstating things a little, especially when you get a look at the outside of the house.  Okay, overstating it a lot.  The inside of the redone house looks nice, but the outside is kind of meh.

But as far as the before pictures, go, this is a dream Burbed property.  Voilà!

121024-newcastle-redfin-old1998 NEWCASTLE Dr
Los Altos, CA 94024
$1,025,000
Sold 6/22/12 for $1,015,000

3 Beds
2 Baths
1,698 Sq. Ft.
$598 / Sq. Ft.
Built: 1956
Lot Size: 10,450 Sq. Ft.
Sold On: Jun 22, 2012
Status: Sold
Property Type: Detached Single Family
Stories: 1
County: Santa Clara
Style: Ranch
Community: South of El Monte
MLS#: 81217356

Fixer in beautiful neighborhood. Good bones within this 3 bedroom, 2 bath home that sits on a 10,000 + sq ft lot. Built in the ’50’s it has some charming features that just aren’t found in new construction today. Opportunity abounds.

121024-newcastle-wheelchairLet’s listen in as Swan explains further:

Here’s a link to a house in Los Altos which sold last spring.  I meant to send it in as it deserves the Burbed Housekeeping Seal of Approval.  Love the wheelchair.  Love the basketballs on the floor.  Love the peeling paint on the outside of the house.

Of course someone bought the house, flipped it, and wants $1.5 million for it.

Definitely cleaned up and better looking than before.  However, if you look at street view of the old house, and the realtard’s pictures of the new house, don’t you think they re-used the garage door?  Really?  For all that effort, they couldn’t buy a new garage door?

121024-newcastle-streetview121024-newcastle-front-new

The (old) Streetview peek is on the left.  Here’s an extreme close-up of the garage doors… after the break.  Plus more photos!

(more…)

Comments (17) -- Posted by: madhaus @ 5:05 am