May 10, 2013

Bay Area Bubble 4.0 Lands in… Walnut Creek!

All week we’ve been looking at examples of No Bubble Here, all over the San Francisco Bay Area. But today’s house shows otherwise.  Thanks very much to the Burbed reader who sent this in but wouldn’t make up a dorky nickname. (Warning: next time we make one up for you.)

130509-meadow-redfinUndisclosed Address
Walnut Creek, CA 94595
$550,000

4 Beds
2.5 Baths
2,213 Sq. Ft.
$249 / Sq. Ft.
Built: 1947
Lot Size: 0.30 Acres
On Redfin: 14 days
Type: Detached
Stories: 1
County: Contra Costa
Style: Ranch
Community: Walnut Creek
MLS#: 40612224

Great area of Walnut Creek, large level yard, needs lots of work bring your contractor NOT handyman!!

Here’s what Burbed reader Too Lazy To Even Try To Make Up My Own Nickname had to say about this listing:

I know inventory is tight where I’m looking but $550K????? For what?

Naming rights? Ahahahahaha!  Actually for $550K you also get the street name, which we will kindly provide to all our readers for absolutely nothing.  What better proof of a bubble is there than sellers who won’t tell you where the danged house is?

130509-meadow-movotoMeadow Rd,
Walnut Creek, CA 94595
$550,000

Loan Payment: $1,885/mo
Bedrooms: 4
Bathrooms: 2&1/2
Size: 2,213 sqft
$/sqft: $248/sqft
Type: Single Family House
Year Built: 1947
Lot Size: 12,900
Days on Movoto: 14 days
MLS#: 40612224
Status: Pending

Great area of Walnut Creek, large level yard, needs lots of work bring your contractor NOT handyman!!

Oh, what’s this, you want a street number as well? Picky, picky. Some people are just so demanding.

130509-meadow-google-where

Estately’s listing doesn’t have the address anymore, so let’s hear it for latency in search engines!  Let’s also hear it for the great job Zillow did hiding that this place is for sale.

130509-meadow-zillow

Bring your contractor and CIA agent not handyman and GPS!

Comments (4) -- Posted by: madhaus @ 5:02 am






April 12, 2013

Today we celebrate Henry the K

BlogAtoZ-KOur typical pattern for daily articles is to feature a house on weekdays, and anything real-estate related runs on weekends. One of our most well-received weekend articles was a long-form post about Orchard Park. Orchard Park was a 700-home development built after World War II on the San Jose-Santa Clara border. One of our regulars (thanks, Burbed reader Swan!) sent in an original brochure for Orchard Park 130411-heatherdale-henryhomes, and it was Kaptivating.  (Terms as low as $59.50 a month!)

Today, as we continue the Blogging from A to Z Challenge, K is for Kaiser.  As in Henry J. Kaiser (1882-1967), the shipbuilder, founder of the HMO originally created for his employees, and, oh yeah, real estate developer.  The Kaiser as in Kaiser Community Homes, in Los Angeles, Portland Oregon, and San Jose/Santa Clara, who brought you Orchard Park.  Here’s a photo from 1947 of the development.

130411-heatherdale-king

Today we have a Kaiser Kastle for your Kuriosity.

130411-heatherdale-redfin1994 HEATHERDALE Ave
San Jose, CA 95126
$598,000

2 Beds
1 Baths
924 Sq. Ft.
$647 / Sq. Ft.
Built: 1946
Lot Size: 5,184 Sq. Ft.
On Redfin: 13 days
Property Type: Detached Single Family
Community: Central San Jose
MLS#: 81309942
Stories: 1
County: Santa Clara

BEAUTIFUL HOME IN A GREAT LOCATION. BIG DRIVEWAY WITH LOTS OF PARKING AREA. VERY WELL KEPT UP. DOUBLE PANE WINDOWS. DRIVEWAY, GARAGE FLOOR, PAINT, ROOF AND JUTTERS, AND SPRINKLERS ARE LESS THAN 8 YEARS OLD. CLOSE TO SCU. POSSIBLY COULD BE USED AS A BUSINESS/OFFICE BUYERS TO CHECK AND VERAFIY WITH CITY FOR USAGE PERMIT. CALL LISTING AGENT RUSS VIERRA FOR SHOWINGS. PLEASE DO NOT DISTURB RENTER.

Yes, do NOT disturb the renter who probably has no idea that the Seller is Licensed Real Estate Agent, Agent Related to Seller, and oh yes is about to sell his or her home Kallously out from underneath.  That’s because you could POSSIBLY use this as a BUSINESS/OFFICE BUYERS. 

And here’s another view of the Keep with BIG DRIVEWAY WITH LOTS OF PARKING AREA.

130411-heatherdale-streetview

Lots of street area to play Keep Away in as well.  Remember those JUTTERS are less than 8 YEARS OLD.  CHECK AND VERAFIY WITH CITY.

Comments (2) -- Posted by: madhaus @ 5:06 am

April 10, 2013

I scream, you scream, we all scream for Inverness!

BlogAtoZ-IAs we move Into the second week of the Blogging from A to Z Challenge, we note that some letters are Indeed more Inconsiderable than others. We Imagined X to Induce Irritation. But what’s a good I for a Bay Area place name? There’s the Irvington district of Fremont, but we’ve been showing Fremont waaaaaay too much Burbed love lately.

Fortunately, an Inch further north Inducts more I’s without Invading Sonoma County. Yes, I is for Inverness.  And a few other Items. 

130409-sirfrancis-redfin12641 Sir Francis Drake Blvd
Inverness, CA 94937
$519,750

4 Beds
3 Baths
1,939 Sq. Ft.
$268 / Sq. Ft.
Built: 1977
Lot Size: 3.13 Acres
On Redfin: 1 day
Property Type: Residential, Detached, Single Family
Stories: 2
Community: Inverness
MLS#: 21307625
Style: Contemporary
View: Bay, Hills
County: Marin

Bank Owned Bargain! Classic views of Tomales Bay and the countryside beyond from this two level home with three beds and two baths upstairs, and one bed, bath and living room downstairs with separate entrance. Don’t miss the loft storage areas too! Nestled on over three acres, this home needs a little TLC to be a perfect retreat, ideally located near the Point Reyes National Seashore. Don’t miss out on this wonderful opportunity!

130409-sirfrancis-frontIdeally located! But when the front Image Is of anything other than the Indicated Inhabitance, there’s a reason for the Inhibition. And speaking of the Impossible to Itemize letter X, just look what’s In the sky In both these Images.

Do you need more Impetus to buy this house Immediately? The Zestimate is $962K, while eppraisal comes In at an Illustrious $1.15 million!

Inquire now and Indulge In the Instant equity for Infinity!

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

March 18, 2013

Gem nestled in the Quaint town of Campbell

Still not convinced that we’ve entered Bay Area Bubble 4.0?  Burbed reader wahnny has another entry trying to support our hypothesis.  Let’s take a good look at this cavernous castle in Campbell!

130317-everett-redfin255 EVERETT Ave
Campbell, CA 95008
$579,900

2 Beds
1 Baths
784 Sq. Ft.
$740 / Sq. Ft.
Built: 1980
Lot Size: 2,640 Sq. Ft.
On Redfin: 5 days
Property Type: Detached Single Family
Stories: 1
Community: Campbell
MLS#: 81307702
Style: Cottage/Bungalow
View: Neighborhood
County: Santa Clara

Another Gem by Gaurdian Home Brokers, nestled in the Quaint town of Campbell. Located a short walk from starbucks and the Famous Pruneyard Shopping Center. This Bugalow features all new kitchen with granite counters, stainless appliances, paint int/ext, landscape, new windows and more. Top-rated schools.

130317-everett-viewAnd heeeeeeeeeeeeeeeeeere’s wahnny!

Another [example of bubble pricing] is a flipped 1900s bungalow in (non-RBA) Campbell,

Not quite as cozy, and on a much smaller lot, but near top-rated schools / starbucks /shopping centers, and currently selling for "not a lot of money".

130117-everett-preflipThis is much better, wahnny, this is a flipped 1900s “bugalow.”  Another Gem by Gaurdian Home Brokers. (If the realtard meant this agency in Folsom, then we must admit this is the first time we’ve caught one who couldn’t properly spell the name of their own broker.)

If you’re interested, the before pictures and listing are available here (photo right).  Here’s the older listing copy:

Amazing potential! Southern-facing FIiXER UPPER w/ sunny fenced yard! In a sweet architecturally eclectic neighborhood a block to the heart of Campbell & restaurants, cafes, boutiques, & Sun. Farmer’s Market. Master br w/ walk-in closet & access to private patio. Eat-in kitchen w/ breakfast nook/laundry closet has French doors to the large yard. Fully fenced & low maint. yard.

Look at that!  For $180K less than the current asking price, you could have done business with an agent who could not only spell, but also use words like “eclectic.”

Comments (6) -- Posted by: madhaus @ 5:05 am

March 13, 2013

perfect place to park a lot of cars

burbed_guest_bloggerToday’s house shows the importance of architectural design rules, such as balancing all the elements on each wall.  In this case, perhaps they were followed a bit too literally.  Our thanks to Burbed reader holyzoo for this superlative structure in South San Francisco!  Pending?  But of course!

Please enjoy this Guest Post, and give holyzoo a big, warm, Real Bay Area welcome as today’s Guest Blogger!


130312-b-redfin114 B St
South San Francisco, CA 94080
$575,000

3 Beds
2 Baths
1,270 Sq. Ft.
$453 / Sq. Ft.
Built: 1953
Lot Size: 6,144 Sq. Ft.
On Redfin: 29 days
Property Type: Detached Single Family
Stories: Bi/Split Level
County: San Mateo
Style: Contemporary
Community: South San Francisco (Industrial)
MLS#: 81304306

A great home in lovely South San Francisco. This lovely home is located on a large corner lot. 3 large bedrooms, 2 full baths. including a mastersuite, Large spacious kitchen, dining area off the kitchen, nice size living room, 4 car attached garage, lots of light thru out the home. very private location, perfect place to park a lot of cars.

130312-b-garageWell I have lenders jumping through hoops to see how much of a shovel I can have them hand me.  So far it looks pretty sweet.

So the search continues to see if something can persuade us. 

Which leads to this bizarre anomaly. 

20130312-b-aerialIt’s a bargain at $595k for a 3/2 1270sq/ft. SFH that looks like an apartment, no?

There’s an open house this weekend and we are there.  The listing agent gets crafty – "very private location, perfect place to park a lot of cars", or dead bodies?

Let’s see if we can even figure out how you get to the house?

Here’s the bird’s dropping, er, I mean, bird’s eye view.   Say you need a new roof?  Mr. Roofing is a turd throw away. 

130312-b-streetviewNow from the street named end, looks like a dead end to me.

Then from the 1st street past someone else’s teardown, I think we have solved the mystery?  Just *sneak* past the neighbors with my entourage of cars daily and nightly and see if they dare screw with ME!

These guys had no clue how to get there either. 

130312-b-dudes

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

February 26, 2013

UPDATED: AOL tries being Burbed for a day: Let your imagination run wild

130225-aol-wg-front

Updated 11:30 AMSecond house found; see end for details and plenty of pix!

AOL has been doing a real estate area for a while, including a series of videos and articles beyond the listings and search tools. Someone over there must have been reading us, because they did a piece discovering that (gasp!) there are very expensive yet definitely crappy houses for sale in the Real Bay Area.  Worse, they had the gall to call this an “AOL original.”

Have they been living under a rock? This has been our signature claim for more than seven years! Let’s listen in as self-important talking heads who don’t bother introducing themselves tell us what we already know.  (Warning: dude with beard is extra smug.)

 

M’kay.  There’s some really useless accompanying text, so our mission is to do a slightly better job.  Remember, it’s fairly easy to succeed when you set your standards this low.

Decrepit Homes in San Francisco Bay Area Fetch Top Dollar for Mountain Views

130225-aol-rwcBy AOL Real Estate Editors | Posted Feb 21st 2013 5:14PM

A sorry-looking shack, with deep cracks in the cinder-block walls and busted windows, that looks like it’s ready to collapse: You wouldn’t pay a dime for that, would you? OK, say it’s nestled in the gorgeous hilltops of the San Francisco Peninsula with no shortage of pristine mountain views. Now how much would you pay? More than $1 million? Well, that’s how much it’s going for.

130225-aol-wgWe’ve probably violated Fair Use by quoting an entire graf, because there’s only one more.  There’s also only two homes in the video, and only the more than $1 million OMFG Emerald Hills (Redwood City) place (shown above in a clip from the video) has mountain views.  The other (at left, also clipped from the video) is in Willow Glen, and didn’t seem to have any views beyond the neighborhood street.

We were able to find the place in Emerald Lake in about 3 minutes, and it definitely could use a big ol’ Burbed sloppy kiss, Of course it’s already pending.  This is the Real Bay Area we’re talking about!

130225-lakeview-redfin209 LAKEVIEW Way
Redwood City, CA 94062
$1,275,000

3 Beds
2 Baths
1,490 Sq. Ft.
$856 / Sq. Ft.
Built: 1948
Lot Size: 0.38 Acres
On Redfin: 207 days
Property Type: Detached Single Family
View: Mountains
County: San Mateo
Stories: 1
Community: Cordilleras Heights
MLS#: 81228879

Incredible opportunity in Emerald Hills. Originally three lots under two APN#’s (APN #057-031-480 and APN #057-031-049) which have been combined into one lot at approximately 25,150 SF. The value is in the land and the views of the surrounding hills with easy access to 280. Walk the site and let your imagination run wild. Dream big and build new or renovate. Plans are available for viewing.

130225-aol-wg-kitchenWe didn’t have the same success in finding the Willow Glen weedery.  This one is similar to it (Craftsman style bungalow, over 12,000 square foot lot, to be sold as-is) but we don’t think it’s the right house.  Can any enterprising Burbed readers find the house in the video? 

Update: House in video found by Burbed reader Chris. See end of this article for details and photos. We’ll also throw in a break as this is starting to get long, so click on through!

(more…)

Comments (10) -- Posted by: madhaus @ 5:01 am

February 11, 2013

Stayin’ Alive in Alameda: Not just a good idea, it’s the law!

Today’s delicious domicile comes to you from Alameda, the island garden of the Bay.  Or should we say Oakland Afloat? Estuary Estates? Maybe you have an even better name for Alameda than those! Thanks very much to Burbed reader JL for finding a house with a creative command to the buyer.

130210-mcdonnel-redfin492 MCDONNEL Rd
Alameda, CA 94502
$599,000

3 Beds
2.5 Baths
1,625 Sq. Ft.
$369 / Sq. Ft.
Built: 1992
Lot Size: 3,895 Sq. Ft.
On Redfin: 19 days
Status: Pending
HOA Dues: $365/month
Style: Contemporary
Community: Bay Colony
MLS#: 40601391
Type: Duet
Stories: 2
County: Alameda

Very sunny duet home W/ big lot, great size open backyd, spacious driveway, cul-de-sac. Extra high ceiling grand entrance. Gorgeous new kitchen. double pane window. HOA cover exterior, roof, front yd & insurance. close to ferry terminal. One of a kind. Must see. Nobody pass away inside the house.

130210-mcdonnel-kitchenHere’s what JL had to say about the house:

Burbed is the best! I had to pass along an Alameda listing that has generous and inexplicable amounts of fail.

First, there’s only outside pictures. Never a good sign. But the best thing is the description. Granted, I think we may have a non-native speaker as the writer, but the last line is hilarious no matter what.

130210-mcdonnel-streetviewThe strange thing is, this looks like a nice house. The redfin Streetview link takes you to a street over a block, but if you go to Google street view directly, it shows a decent-looking place. So the Redfin listing could have been nice, but instead was awesomely bad.

Awesomely bad? It’s not every house that’s not just part of a cookie-cutter tract but a gol-durn “duet home” in a cookie cutter tract that can call itself “one of a kind”! Now that’s awesomely something!  Plus there’s insurance in the front yard! The $365 a month HOA fees are just the cherry on this Win Sundae!

We tried to find the collection of “only outside pictures” without success.  Other listing sites either had the photos removed (with the listing marked as off market) or a slightly different set of photos, inside as well as out.  Here are a couple more, just in case Redfin yanks these bright and early Monday morning. 

130210-mcdonnel-hdromg130210-mcdonnel-hdromg2

And we mean it about the bright, as the Cherenkov radiation is strong in this one.  Just for grins, check out the outdoor pix on Zillow!  Must see.

130210-mcdonnel-yard130210-mcdonnel-wtf

Serious WHOA.  Of course if we had a yard like that, we wouldn’t pass away inside the house either.

Comments (5) -- Posted by: madhaus @ 5:02 am

January 29, 2013

Living at its best… in Downtown Campbell

130128-rincon-soupMmmm Good!  That’s what Campbell’s Soup is… but how about Campbell’s Real Estate?  Campbell doesn’t tend to get a lot of respect when people talk about where they want to buy, but let’s look at its positive qualities.  It’s equally inconvenient to most freeways, so no location fail on that score! It’s definitely got varied housing stock, which means there should be something for everyone (provided by “everyone” we do not mean people looking in the Real Bay Area). And it’s got so many crapboxen, we find ourselves dipping into the Campbell well again and again for featured homes! 

Let’s look at today’s proud property listing, sent in by Burbed reader Lefty Lucy.

130128-rincon-redfin89 E RINCON Ave
Campbell, CA 95008
$565,000

2 Beds 
1 Baths 
588 Sq. Ft.
$961 / Sq. Ft.
Built: 1912 
Lot Size: 3,850 Sq. Ft. 
On Redfin: 8 days
Status: Active
Property Type: Detached Single Family
Stories: 1
Community: Campbell
MLS#: 81301835
Style: Cottage/Bungalow
View: Neighborhood
County: Santa Clara

Don’t miss this charmer in Downtown Campbell! This 2 bedroom & 1 Bath bungalow is living at its best. Located on a corner lot, features include cherry hardwood floors, updated bath, wrap around rear deck, indoor laundry, living / dining room combo and so much more! Cozy yard with fruit trees. A must see!

130128-rincon-entryOkay, Double L, tell us about this house you’ve picked.

Irregular but frequent reader, first time sender (though you must have gotten this from others as well!). 

I guess the bubble really is back. $961/square foot bungalow in oh-so-desirable Campbell: Ouch!  First time buyers like me are priced out forever, I guess (not that I’m shopping in Campbell, but it’s beyond crazy in my Santa Clara neighborhood as well).

$961? Who do they think they are, Mountain View?

130128-rincon-kitchen130128-rincon-living

Also note that this half a million dollar house is a pre-war bungalow.  That’s pre-World War I.

Comments (8) -- Posted by: madhaus @ 5:03 am

December 13, 2012

Exciting home in San Jose! With sliding glass door!

Having trouble getting going this morning? Today’s featured home, brought to you by Burbed reader Tracy Tea House, will get you going.  You’ll really be excited when you see you can’t have it anymore.

121212-genevieve-movoto1015 S Genevieve Ln
San Jose, CA 95128
Sold: $650,000
Listed:  $579,000

Loan Payment:  $1,953/mo
Bedrooms:  3
Bathrooms:  2
Size:  1,357 sqft
$/Sqft:  $426/sqft
Type:  Single Family House
Year Built:  1955
Lot Size:  8,400
Days on Movoto:  34 days
Sold Date:  11/19/12
121212-genevieve-kitchenMLS#:  81240587
Status:  Sold for $650,000

Custom Home in a very desirable neighborhood! Nice floor plan with eat-in kitchen & living room/dining room combination. Living room with wood-burning fireplace, large windows & sliding glass door! Gleaming hardwood floors! New interior paint! Some plantation shutters! Ceiling fan! Indoor laundry! Original kitchen & baths. Large covered patio! Large lot with a very spacious back yard! Fruit trees!

Here’s why Tracy sent this one in:

121212-genevieve-bathI liked that house it was so WTF!

This one might not be worthy… But I wonder if the amount of !!!! will be enough to push it over the edge… This actually is my type of flipper potential. I like the house and location… and there are , some, plantation shutters!

What’s worthy is that it sold for more than 10% over asking! So WTF, is the 28 the Next Mountain View?

Not just hardwood floors, but gleaming hardwood floors. No, not just gleaming hardwood floors, but gleaming hardwood floors! Also, original vintage kitchen from 1955.  Why that doesn’t have an exclamation point (like almost everything else in the listing) is a real surprise. We mean a real surprise! Fruit trees! Ceiling fan! Some plantation shutters!

Comments (9) -- Posted by: madhaus @ 5:02 am

November 22, 2012

It’s Thanksgiving, and Here’s Your Turkey!

Happy Thanksgiving!  Sorry today’s house is late, as we were up all night prepping for a Burbed Feast.  Did you know how difficult it is to cut up the Real Bay Area into Census districts of half inch cubes without crossing any zip codes?

Now on to our entree. Today’s house was sent in by one of its former owners, a Burbed reader who wishes to remain anonymous.  Can’t imagine why!

121122-ardis-movoto361 Ardis Ave
San Jose, CA 95117 
Price:  $555,000

Loan Payment:  $1,902/mo
Bedrooms:  4
Bathrooms:  3
Size:  2,943 sqft
$/Sqft:  $188/sqft
Type:  Single Family House
Year Built:  1951
Lot Size:  9,424
Days on Movoto:  547 days
Sold Date:  05/31/11
MLS#:  81123441
Status:  Sold for $535,000

Contractors special-Huge Lot w/ Unlimited Potential. Build your Dream Home near Santana Row/Valley Fair.

121122-ardis-kitchenHere’s what our unnamed fan has to say about today’s main course:

The house that keeps on giving.. Yes I was one of the people who lost money on this West Valley Brigadoon. The person who bought it from me, never did one thing he said, just held it and turned it for my profit… This wreck has been untouched through 4 sales…

Will the next buyer be able to rehab this behemoth???

121122-ardis-tile-roomBad houses happen to good people :-0

This house was sent in just a week and a half ago, but the usually suspect real estate sites have it marked as sold already.  Either our correspondent just noticed his/her old place changed hands after almost two years on the market, or there’s a more recent listing we’re not finding.

Hey, Redfin, pass the white meat!  Click on through if you’re joining us from the front page.  The table is groaning.

(more…)

Comments (3) -- Posted by: madhaus @ 11:56 am
 
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