August 13, 2013

Custom kitchen backslash, must see!

Mountain View is the city that keeps on giving… Burbed win.  Today we’ve got an awesome townhouse that not only has some amazingly creative listing copy, it also transcends space and time. Perhaps this is an early test of Google Residence.  Thanks very much to Burbed reader Michael Boltonestater for this awesome attached area!

130812-middlefield-redfin2615 W Middlefield Rd
Mountain View, CA 94043
$850,888

HOA Dues: $255/mo.
2 Beds
2.5 Baths
855,888 Sq. Ft.
$1 / Sq. Ft.
Built: 2013
Lot Size: 1,234 Sq. Ft.
On Redfin: 4 days
Status: Active

HOA Dues: $255/month
Style: Traditional
View: Mountains
County: Santa Clara
Property Type: Attached Single Family
Stories: 3
Community: Thompson
MLS#: 81329022

130812-middlefield-livingStunning 2 bedroom 2.5 bath new Townhome. A corner unit home with views of the mountains and surrounding tree lines . This home was used as a Model Home from June 15th to todays date . Upgraded carpets, finished two car garage with a custom kitchen backslash, make this home a must see ! Los Altos High School. ( lot #11) on Builders site map.

Upcoming Open Houses

Saturday, Aug 24: Open House – 1:00-4:00 pm
Sunday, Aug 25: Open House – 1:00-4:00 pm
Saturday, Sep 7: Open House – 1:00-4:00 pm

130812-middlefield-stairsThis delightful abode, new construction yet, has been listed for an entire four days (five by the time you read this), and nobody’s plopped down a suitcase full of cash? How can this be when it’s only a dollar a square foot? More importantly, how can they fit 855,888 square feet onto that tiny lot? We’re not sure of the latest rulings out of the Mountain View Planning Department, but we suspect a Floor Area Ration (FAR) of 693.6 might be an eensie bit over the limit for this neighborhood.

The listing copy doesn’t admit it, but the last photo does; this townhouse is part of Classics at Fairview Park. And we’ve found the place on their site map.

130812-middlefield-fairview

We were hoping it would be Unit 1, because that block of buildings spells ASSSSSS. Unfortunately, #1’s a 3 BR/3.5 BA, so this townhouse is instead Unit 11, in SMMMA block. This is a terrific location, because nobody will be able to enter or exit this complex without driving right by your home.  Be sure to remind each and every one of them that this place was used as a Model Home from June 15th to todays date .

You’ll get all the benefits of end unit (traffic noise on two sides!), plus you’ll still have two different neighbors through your walls! Win-Win!

Comments (6) -- Posted by: madhaus @ 7:07 am






July 3, 2013

Peak Pricing: Not Just for RBA Homes

We’ve been talking about the Bay Area Real Estate Bubble 4,0 for half a year now. One way to tell things are getting bubblicious and frothy is when areas we don’t think of as expensive start acting like Real Bay Area markets.  Today’s featured home is from the East Bay, and it joins the peak parade,  Thanks much to Burbed reader Brittney for alerting us to this disturbance in the Force.

130702-westbury-redfin5670 OLD WESTBURY Way
Dublin, CA 94568
Sold for $825,000

4 Beds
2.5 Baths
1,972 Sq. Ft.
$418 / Sq. Ft.
Built: 2003
Lot Size: 3,117 Sq. Ft.
Sold On: May 31, 2013

HOA Dues: $126/month
Style: Mediterranean
Community: Tassajara Creek
MLS#: 40615019
Type: Detached
Stories: 2
County: Alameda

Corner location! Features include two tone paint, plantation shutters and crown molding throughout. Kitchen with stainless appliances, honey maple cabinets and granite counters with backsplash. Upgraded fireplace in family room with custom tile work. Backyard w/ grassy area and custom patio!

130702-westbury-livingYes! Corner location! Twice as much traffic who can all appreciate your two-tone paint job! Now let’s hear from Brittney.

Just saw this listing go sold recently. It was listed at $724,900 and sold for $825,000 which is incidentally the exact amount paid for it by the owners back in Oct 2005 – peak of the peak during that bubble. Nothing new was done to the house and it’s not anything special in that area….

130702-westbury-patioThat’s one diference between the RBA and the East No Way, namely when the market peaked. RBA homes peaked in 2008, except You Are Priced Out Forever AGAIN this year. What’s great is you can choose whether you can’t afford Palo Alto or whether you can’t afford Dublin.

Just remember what you can’t afford for $825K in Palo Alto.

Bunus: Holy Planned Unit Development, Batman, this place has a FAR of 0.63.  That’s what your HOA fees bring: the bribes development fees to make that even legal.

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

December 3, 2012

Let’s Return to our Holiday Shopping — in Sonoma County!

121122-blackfridaySo here’s the DEAL, the DEALS, yes we still have DEALS for you. Black Friday Deals are back!

We’re scouring the Bay Area for the cheapest houses out there! Today we’re taking a good look at Sonoma County, to find the absolutely, positively cheapest, least expensive, smallest asking price house for sale.

 

121202-first-redfin71 1st St
Camp Meeker, CA 95419
$100,000

2 Beds
2 Baths
1,040 Sq. Ft.
$96 / Sq. Ft.
Built: 1920
Lot Size: 1,307 Sq. Ft.
On Redfin: 13 days
Status: Active
Property Type: Residential, Detached, Single Family
Community: Sebastopol
MLS#: 21226308
Stories: 1
County: Sonoma

2 bed 2 bath house

The good news: This house is barely sporting a six-digit pricetag!  Plus the agent took more than one photo!

121202-first-kitchenThe bad news: Is that moss growing on the roof?

The interior photography is intriguing.  It appears this agent is doing whatever is possible to not include a single square inch of the floor in any shot, which means most of them tend to show ceiling.

Lots and lots of ceiling.  This view of the kitchen only shows a little, but for this vintage stove, plus the solo wall-mount cabinet unit, along with the distressed treatment of the door, we could not resist.

And you could not resist this price. Sure, the house has a FAR of 0.796, but what do you want for just one homeowner spending unit?

Comments (3) -- Posted by: madhaus @ 5:09 am

April 17, 2012

UPDATED: Two Million Dollars for a Sunnyvale House. Good Luck with That.

Recently, we took a look at a house in Midtown Palo Alto that a number of commenters thought was overbuilt for the neighborhood.  That reminded me of a similarly situated structure in Sunnyvale, so I pulled it up for nostalgia’s sake.  What a delightful surprise to discover that it’s once again for sale!  It was relisted just in time for April Fool’s Day, and at the same attractive price as it was three years ago.

1474 VALCARTIER St
Sunnyvale, CA 94087
$1,999,000

120406-valcartier-redfin

BEDS: 6
BATHS: 4.5
SQ. FT.: 4,790
$/SQ. FT.: $417
LOT SIZE: 8,000 Sq. Ft.
PROPERTY TYPE: Detached Single Family
STYLE: French
STORIES: Tri-Level
VIEW: Neighborhood
YEAR BUILT: 1991
COMMUNITY: Sunnyvale
COUNTY: Santa Clara
MLS#: 81211851
SOURCE: MLSListings
STATUS: Active
ON REDFIN: 7 days

Extraordinary six-bedroom, four and one half-bath custom estate perfect for executive lifestyle of luxury and unmatched class. Within this showcase home you will find a remodeled ONE-OF-KIND gourmet kitchen featuring best-in-class appliances with close access to the formal dining room, casual family room and truly alluring outdoor venue that is perfect for entertainment.

120406-valcartier-kitchenThis time around, they’re not letting us see the inside.  And it would need a lot of pictures, because this property has a FAR of 0.60.  That can’t even be LEGAL in Sunnyvale. 

But, this is a Custom Bahl Home!  And if you haven’t heard of Bahl Homes, they built a few tracts around Silicon Valley, including some zero lot line curiosities and the snout-house “patio homes” just around the corner from this place. Now that they’re done with building tracts, they remain as a real estate company. Fortunately for us, today’s house has its own webpage on Bahl’s site, with pictures even!  We don’t know when these were taken, though, as it’s been listed and sold many times since its construction.  Have a look at those pictures and more, after the break.

(more…)

Comments (65) -- Posted by: madhaus @ 5:03 am

April 5, 2012

Updated: 3 level executive estate in midtown Palo Alto in a cul-de-sac

It’s been far too long since we’ve heard from Burbed reader dollarbin.  Let’s check in with this palace in Palo Alto!

2783 RANDERS Ct
Palo Alto, CA 94303
$3,248,000

120403-randers-redfin

BEDS: 5
BATHS: 5
SQ. FT.: 5,255
$/SQ. FT.: $618
LOT SIZE: 8,712 Sq. Ft.
PROPERTY TYPE: Detached Single Family
STYLE: Contemporary
STORIES: 3
VIEW: Neighborhood
YEAR BUILT: 2010
COMMUNITY: Midtown
COUNTY: Santa Clara
MLS#: 81146955
SOURCE: MLSListings
STATUS: Active
ON REDFIN: 147 days

Elegant newly constructed (2010)3 level executive estate in midtown Palo Alto in a cul-de-sac * One of a kind quality & workmanship with mahogany paneling & hand carved custom doors * Gourmet kitchen with S/S appliances, granite counters, custom cherry cabinets & a breakfast bar * Brazilian teak flooring & imported marble floors throughout * Includes library, exercise & media rooms.

120403-randers-crapperHere’s what dollarbin had to say, when passing this parcel along:

Anybody send you this one yet?

Who says Palo Alto is free of McMansions? I had given up the dream of spending less than $700/sq ft in Palo Alto, but this Spec House PA-lightup-signmisadventure proves it saves to buy in bulk. Plus it has a totally classy fountain burbling in the front yard.

This listing caught my eye because I noticed they have a flyer sign out on Colorado Ave that actually lights up at night, so I looked up the Redfin knowing it would be full of win.

Wait… spec house misadventure?  How can anyone have a misadventure when they’ve lit your way there?  Although the price history may tell us a thing or two.

120403-randers-history

120405-randers-columns-addedAnd here we thought the misadventure was the .60 FAR or the 11 HDR.  So let’s help this poor spec house.  What is keeping it from generating dozens of overbids?

Bunus: Mawbul kawlums are rectangular!  Break out the red arrows!

Update 10:41 am: Two more kawlums lurking on the right of this picture, noted by Burbed reader SEA.  Mawr red arrows, please!

Comments (44) -- Posted by: madhaus @ 5:11 am

November 20, 2011

Moo-ha-ha-ha! Burbed’s Most Loved Series EVER!

Yes, we’re back with Northern California places on the Forbes most expensive zip code list.  As you get ready for Thanksgiving, one thing you can give thanks for this Thursday is that this all-time favorite series (if by “favorite” I actually mean “causes excited readers to fling household appliances”) only runs on Sundays.  That means it’s at least another seven days until the next installment!  If you missed the last ones, you’ll want to catch up RIGHT AWAY so you are completely up on every aspect:

Also, beginning Friday will be Burbed’s Black Friday Sales!  That’s where we scour the Real Bay Area in search of the best bargains out there for you.  While you may not be able to afford the most expensive house in the most expensive zip codes, maybe you can afford one on the other extreme!

And now, the Top 100 of the Bottom 300 Most Expensive Zip Codes in the Country: This is Fourth Tier: Under a Million Median Means Middleclass Metroplex.  Or the shorter version: Forbes screwed up again.

#212: Redwood City 94062

  • Median Home Price: $998,975
  • Median Price Change: -11.9%
  • Average Days On Market: 200 118
  • Inventory: 118 76
  • Rank in 2010: #185 (-27 spots )
  • Most Expensive Home: $3.6 Million $3.45 Million (610 Edgewood Road)

imageOne of the few shared zips to survive Forbes and Altos Research’s data parsing, the most expensive zip in Redwood City is shared with tony Woodside, California.  But you won’t find movers and shakers like Larry Ellison in Redwood City.

What you will find is this house, complete with Mawbul Kawlums, at a Woodside Price on a busy arterial that feeds I-280!  The owners have been trying to sell it since 2009, no doubt because its neighborhood of “High School Acres” fails to evoke wealth, exclusivity, or prestige.  Maybe they should rename it “Prep School Prospects” and see if that does the trick.

More exciting Zip Code ZAwesomeness after the break!  More! More! More!

(more…)

Comments (9) -- Posted by: madhaus @ 5:15 am

April 6, 2011

Substandard but buildable lot! no value/no foundation no reports AS IS-WHERE IS (not guaranteed) No no no with restrictions

Thanks to Burbed reader Real Estater who shared this house in comments, and calls this “Unbeatable value in 94301.”  I think he misspelled “Uninhabitable.”

434 FULTON St, Palo Alto, CA 94301
$599,950

image

BEDS: 1
BATHS: 1
SQ. FT.: 1,224
$/SQ. FT.: $490
LOT SIZE: 3,936 Sq. Ft.
PROPERTY TYPE: Detached Single Family
STORIES: 1
YEAR BUILT: 1912
COMMUNITY: Crescent Park
COUNTY: Santa Clara
MLS#: 81113725
SOURCE: MLSListings
STATUS: Active
ON REDFIN: 1 day
NEW LISTING (24 HOURS)

Strictly Land Value! Substandard but buildable lot! Existing structure no value/no foundation. No reports. AS IS-WHERE IS for house, systems, any pers. prop. Buyers to do all due diligence in advance. Per City PA (not guaranteed. Buyer to independently investigate/confirm) No 2nd story or basement allowed. New Requires 1 covered + 1 uncovered parking. .45% FAR with restrictions.

imageAnother refreshing entry!  How many homes for sale in Palo Alto have the word “substandard” in the listing or say the house has no value or foundation?  Too few!  And no reports.  And no 2nd story or basement.  Remember, you may deserve a Yes in San Jose, but all you’re getting in Palo Alto is a bunch of No no no no no (buyer to independently investigate/confirm).

As to the .45% FAR;  It does say POINT four five percent above, right?  Decimal point and a percentage. Math class is tough! 

That means 0.0045 of the land can be built on.  So, .0045 times 3936, carry the three, um… you can build a 17.712 square foot structure on this lot.  Yes, under eighteen square feet.  Here is something that is 18 square feet, the kitchen on the right.

imageOh, wait, the rotating kitchen uses up 18 square feet.  We need something that shows how much room you have if your living space is 18 square feet. How about this half-bath plan!

So, the realtard can’t do math and clearly slept through fifth grade when decimals and percentages were covered. Just the trained professional you want representing you in a $600,000 transaction involving lots and lots of minutiae like building codes and escrow balance sheets.  He really meant 45% or .45 FAR.  Palo Alto would never restrict you to an eighteen square foot house when tearing down a 99 year old scraper.  (Piedmont would.)

That means you can build up to a 1771.2 sf house on the substandard lot, whoops, you need a covered parking space plus an uncovered one, guess you better take 200 feet off for the mandatory one-car garage.  Still, a 1571 sf house is bigger than what’s there now.  Plus it will have the added advantage of having luxurious extras such as a foundation. And value.

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