October 3, 2013

“Work done with permits” with the most lucky price ever!

1350 PEGGY Ave
Campbell, CA 95008

20131002a

First, let’s take a moment to observe that this house has the luckiest price ever. Whoever buys this house will be showered with years of good fortune and good SAT scores. There is no doubt.

Next, let’s just look at all the benefits this house has to offer! Long time readers of this blog know that permits are often just ignored. After all, this is the most disruptive place in the world – Silicon Valley doesn’t need stinkin’ permits. Ask for forgiveness, not permission! So the fact that this house has work done with permits – that’s definitely a unique feature.

But most importantly, once you plunk down this $888,888, you will have enormous flexibility to spend the rest of the $1M you have sitting around to grow this house. Just think of all the possibilities! After all, there’s a 200 amp panel and so much flat land. Will you be building the ultimate brogramming cave? A massive Singapore Math™ study zone?

Let’s hear your best ideas!

Comments (4) -- Posted by: burbed @ 5:04 am






April 3, 2013

Contemporary Condo in Campbell!

BlogAtoZ-CWelcome to day #3 of the Blogging from A to Z Challenge! That means we’ve Crept up to letter C for Challenge.  C is also for County, as in Check County records (Cuz they’re Cocked up).  C is for California, where most all the real estate we look it Comes from.  C is for Committed, which you must be to purchase any kind of property in a bubble market. (Yes, C is also for Crazy.) And C is for suit Cases full of Cash!  Which you will need, as C is for what happens after B for Bubble: C is for housing Crash.

Let’s take a look at today’s Castle of Can-do, because it’s a Certain Cinch in the Celebrated Community of Campbell!

130402-2nd-redfin311 N 2ND St #2
Campbell, CA 95008
$325,000

HOA Dues: $215/mo.
2 Beds
1 Baths
903 Sq. Ft.
$360 / Sq. Ft.
Built: 1971
Lot Size: 2,000 Sq. Ft.
On Redfin: 6 days
HOA Dues $215/month
Stories 1-3 (Low Rise)
Community: Campbell
MLS#: 81309631
Property Type: Condominium
View: Neighborhood
County: Santa Clara

Popular McKeon #2 unit condo in great location in a private cul-de-sac and only a couple of blocks from downtown Campbell. Situated near the swimming pool and a park-like green belt. New paint and carpet. Southern exposure provides lots of natural light all day long. Low HOA dues that covers water and garbage.

We Can’t Cut the Cumulative Cuteness out of this Condo. Could you? Just feast your eyes on this Collection!

130402-2nd-entry130402-2nd-living130402-2nd-stairway130402-2nd-kitchen130402-2nd-space130402-2nd-garage130402-2nd-window

These Kodak moments so Cut to the Chase in Certainty: you Could afford to Close on this Crapbox!  Check your Checkbook, your Credit Cards, and the Comps!  Oh, and that “natural light all day long” Comedown Can be Cured Cum Curtains.

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

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 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

January 17, 2013

50 Shades of Brown in Campbell

Decor is an important part of getting a house ready for sale.  Decor isn’t just furnishings, but wall treatments, art, floor materials, paint, and of course, tchotchkes.  Today’s featured find is furnished fully with an eye for consistency.  Thanks very much to Burbed reader wahnny for this crib in Campbell!

130116-audrey-redfin1105 AUDREY Ave
Campbell, CA 95008
$1,699,000

4 Beds 
3.5 Baths 
4,137 Sq. Ft.
$411 / Sq. Ft.
Built: 2005 
Lot Size: 0.25 Acres 
On Redfin: 7 days
Status: Active
Property Type: Detached Single Family
Stories: 2
County: Santa Clara
Style: Mediterranean
Community: Campbell
MLS#: 81300771

Regular Sale! An entertainer’s Spanish style dream home! This house has it all and you must see to appreciate the attention to detail in this custom beauty by Jay Andre Construction. This home has been totally rebuilt in 2005 with countless amenities. 2 spa/saunas, luxurious office, a gourmet kitchen w/ granite counter tops, tile, and hardwood floors. Too many to list! Open House 1/12 & 1/13 1-3PM

Over 4,000 square feet and the photographer remembered to water the driveway before taking pictures!  Either that or that moody sky had plenty of rain.  Now let’s hear from wahnny on why this house is so Special.

130116-audrey-officeRecently came across this lavishly adorned villa in the middla Campbell.

Almost every photo shows the house in various shades of brown (in keeping with the spanish colonial/western/desert theme, no doubt).  And talk about sophistication … in addition to the obligatory “kawlumns”, a variety of plumbing fixtures are included (see tour website for photos)!  Very elegans/earthy!

Location/neighbors aside, it’s probably worth at least the asking price!

130116-audrey-kawlums

At least worth the asking price?  Oh no, in the time since wahnny sent this listing in, we are sure that this property has probably increased at least 15% over the asking price.

After all, this is a Regular Sale!  And nothing says “dream home” like having to reassure buyers that the house isn’t an REO or short sale!

But what about the location and the neighbors?  With a quarter acre lot, why would you worry about neighbors?  You’ve got enough room to dig a moat and put in Rottweilers.

Although the next-door neighbor does seem to have more cars than driveway.  For $1.7 million one would expect the neighbors to collect something less intrusive yet more expensive, such as Facebook put options.

130116-audrey-streetview

Must see to appreciate!

Comments (9) -- Posted by: madhaus @ 5:05 am

December 11, 2011

BLACK FRIDAY DEALS: Cheapest House in Campbell!

The DEALS continue, and we’re back in Santa Clara County, too!  So if we’re going to go bargain hunting, let’s head to one of the best places to find underappreciated houses: Campbell!

Because nothing says poorly maintained old house that isn’t in East San Jose like Campbell does.

And nothing says poorly maintained old house for HOW MUCH???? like Burbed.  So we at Burbed love us some Campbell very much.  Mmm – mmm – good!

176 W ROSEMARY Ln, Campbell, CA 95008
$350,000

image

BEDS: 2
BATHS: 2
SQ. FT.: 1,118
$/SQ. FT.: $313
LOT SIZE: 9,170 Sq. Ft.
PROPERTY TYPE: Detached Single Family
STYLE: Cottage/Bungalow
STORIES: 1
VIEW: Neighborhood
YEAR BUILT: 1942
COMMUNITY: Campbell
COUNTY: Santa Clara
MLS#: 81149398
SOURCE: MLSListings
STATUS: Active
ON REDFIN: 3 days

Nice and quite location, 2 bed rooms, 2 baths. original 3 br, one bed room open up to make living room biger.

Alright, we’ve got the picnic in the back yard that wasn’t cleaned up, we got the toys in the living room not cleaned up, and there are a lot of items on the kitchen counters as well.  Maybe you’re going to have to do some serious overbidding to get their attention because these sellers really can’t be bothered with this “staging” business and they figure the bank will get back to you in about a year and a half.

imageimageimage

Comments (5) -- Posted by: madhaus @ 4:05 am

August 22, 2011

Don’t miss the opportunity… to be annexed to Campbell!

Here’s an on-the-ground report from Burbed reader Sam Adu, direct from comments.  In case you were wondering if they were making any more land, it looks like they are.  Unfortunately, this county land is going to end up in Campbell.  Hurry, offers are due Wednesday! Thanks very much for the Open House report, Sam!


The best ‘burbed-esque house I visited yesterday was, of course, in Campbell…or should I say a soon-to-be annexed part of Campbell.

 

1125 SHAMROCK Dr, Campbell, CA 95008
$380,000

image

BEDS: 2
BATHS: 1
SQ. FT.: 791
$/SQ. FT.: $480
LOT SIZE: 9,558 Sq. Ft.
PROPERTY TYPE: Detached Single Family
STYLE: Ranch
STORIES: 1
VIEW: Neighborhood
YEAR BUILT: 1954
COMMUNITY: Cambrian
COUNTY: Santa Clara
MLS#: 81135861
SOURCE: MLSListings
STATUS: Active
ON REDFIN: 5 days

Ready for expansion or to bring out the city gardener in you! Adorable home on an almost 10,000 sf lot. Updated – Kitchen, bathroom, dual paned windows, hardwood floors, electrical panel, foam insulation. Schools, Farnham, Price, Branham. This county area to be annexed to Campbell. HAFA approved short sale-can close in 45 days! Open Sat 8/20 1-4pm. Don’t miss this opportunity. Offers 8/23.

imageI’m always captivated by homes with huge walls surrounding them (i.e. 183 Dillon, Campbell). It must be how they remind me of my very short stay in a Ghanaian prison during some unrest we had in the late 90s. I wasn’t mistreated in there but all the guys on my street were definitely fearful and we were surrounded by these humongous walls in prison.

Anyways, we visited 1125 Shamrock yesterday. There is a zero lot line in the rear of the house with a giant rear hotel wall (easily seen in pics) abutting the property.

The real estate agent recommended that we paint a mural (or graffiti?) on the hotel wall to pretty it up. I liked to imagine myself throwing a tennis ball against that wall all day long for my lab and waking up all the hotel guests. Who the hell would be getting a hotel room in that part of Campbell though?

image

imageRedfin picture #3 of the place has a ‘cat on a dresser’, which is almost as good as ‘dudes on a couch’. It was funny visiting the place because that dang cat was sitting in the exact same spot when we were there.

Right next to that cat (and cropped out of the picture) is a bookshelf full of scientology dvds+books. Black cat + Scientology material + foreboding wall = Mr. and Mrs. Adu high-tailing it out of there.

Too much bad ju-ju at that house for us…not to mention that the house is smaller than the Adus’ current apartment.

Comments (10) -- Posted by: madhaus @ 5:07 am

August 19, 2011

Lots of upside, if you’re down with that

We really have been neglecting Campbell for too long.  So, do you want to be a slumlord?  This place even has an address that sounds trashy!

300 DUNSTER Dr, Campbell, CA 95008
$1,950,000

image

BEDS: –
BATHS: –
SQ. FT.: 8,656
$/SQ. FT.: $225
LOT SIZE: 0.41 Acres
STORIES: 2
YEAR BUILT: 1957
COMMUNITY: Campbell
COUNTY: Santa Clara
MLS#: 81019760
SOURCE: MLSListings
STATUS: Active
ON REDFIN: 448 days

Great Campbell location. No rent controll. Lots of upside. Please do not disturb the tenants.

Here’s some more information you may need before making up your mind on this beauty tucked into the quiet, bucolic Hamilton and Winchester area:

imageMulti-Family Information
  • 1 Bedroom Unit(s)
  • 2 Bedroom Unit(s)
  • # of 1 Bed 1 Bath Units: 9
  • Min Rent for a 1 Bed 1 Bath Unit: $925
  • Max Rent for a 1 Bed 1 Bath Unit: $1,175
  • # of 2 Bed 1 Bath Units: 5
  • Min Rent for a 2 Bed 1 Bath Unit: $1,150
  • Max Rent for a 2 Bed 1 Bath Unit: $1,400
  • Vacancy Factor: 5
  • Vacancy Amount: 9526
  • Existing Rental Terms: Month-to-Month Rental(s)
Financial Information
  • City Transfer Tax: No
  • Tax Amount: $23,693.32
  • Gross Rent Multiplier: 10.24
  • Laundry Income: $4,200
  • Rental Income: $186,312
  • Net Income: $132,813
  • Gross Scheduled Income: $190,512
  • Gross Annual Income: $180,986
  • Gross Annual Income Includes: Laundry
  • Gross Annual Income Includes: Rents
  • Capitalization Rate: 6.8110000000
  • All Cash or Conventional
  • Financial Information Source: Tax Return

You see?  You can make money every time your serfs tenants do their laundry!  Could anything be more awesome than that?  Now all you have to do is figure out how to make them pay you when they surf the internet or use the kitchen appliances.  I think coin-operated routers, stoves, refrigerators, and microwaves are the wave of the future!

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

August 4, 2011

Fenced in in Campbell

I feel we’ve been neglecting Campbell for a while, so here’s another listing from the City Without a Nickname (please feel free to make one up in the comments) or how about More City for a Million.  However, according to Wikipedia, Campbell was where the fruit cocktail was first invented.  I don’t know how they poached that feat from Sunnyvale, where the Fruit Cocktail Tower is still standing.

Thanks very much to Burbed reader THN for bringing this great deal to our attention.  Burbed reader Sam Adu also recently mentioned it in comments.

183 DILLON Ave, Campbell, CA 95008
$424,900

image

BEDS: 3
BATHS: 2
SQ. FT.: 1,565
$/SQ. FT.: $272
LOT SIZE: 4,599 Sq. Ft.
PROPERTY TYPE: Detached Single Family
STYLE: Traditional
STORIES: 1
VIEW: Neighborhood
YEAR BUILT: 1934
COMMUNITY: Campbell
COUNTY: Santa Clara
MLS#: 81056007
SOURCE: MLSListings
STATUS: Active
ON REDFIN: 244 days

Great home for the growing family. Close to sought after Downtown Campbell and Rapid Transit line. Kitchen has been remodeled with granit counter tops and tile flooring. Home comes with gas stove, microwave, and refrigerater. Back yard has built in BBQ with separate guest cottage (permit unknown)

imageWell, this listing copy’s a bit of a head-scratcher; the agent misspelled “granit” and “refrigerater” but nailed “separate guest cottage.”  I like how the “granit” goes with the single-pane windows and that seafoam green paint job from 1956.

That first picture’s a puzzlement, too.  Do they expect you to park your car in the garage?  Most people park on the driveway and use the garage as a storage shed, but the white picket fence makes that option impossible!  Where the heck are you going to store your back issues of National Geographic?

While your jaw drops lower and lower as you read the listing history below, we’ve highlighted the most important parts for you.  This house has not only been foreclosed, it’s been pending five times, and changed hands for $693,000.  In 2005.

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And if you think that’s a lot of money, wait until you see the Zillow record.

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Talk about freefall!  This house is doing the limbo, because nobody’s figured out how low can it go.  Meanwhile, four different Redfin agents have toured the place, and the reviews are in!

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The location isn’t that bad, is it?

image

No, it’s not as close to the freeway as Monday’s house!  Whew!

UPDATE: Thanks to Burbed reader AstroWallaby’s on-target comments, I have this neighborhood photo for your consideration:

image

Comments (34) -- Posted by: madhaus @ 5:05 am