January 28, 2013

Fabulous Foster City Freehold

If you take a look along our right-hand column, you can see a number of useful things to click.  There’s our email contacts, for when you want to send in the perfect example of Housing Win.  There’s some interesting websites we think you’d enjoy.  And there’s a link for every category we’ve ever filed anything under, along with how many articles are in each one.  Most of our categories are location, location, location.

130124-pilgrim-signTake a glance at today’s category, Foster City.  It’s a little on the scant side, and there’s a good reason for that.  Foster City is full of tract housing, and most of it’s in fairly good shape.  Places with good schools don’t tend to get run-down properties.  And besides, there’s so much housing win right next door in the flats of San Mateo.  All this is a fairly long-winded way to welcome today’s featured home, from Burbed reader Pizzawillcome.  Thanks very much for pulling up a rarity: Burbed-worthy in Foster City!

130124-pilgrim-redfin676 PILGRIM Dr
Foster City, CA 94404
$808,000

2 Beds
2.5 Baths
1,340 Sq. Ft.
$603 / Sq. Ft.
Built: 1964
Lot Size: 5,225 Sq. Ft.
On Redfin: 7 days
Status: Active
Property Type: Detached Single Family
View: Neighborhood
County: San Mateo
Stories: 1
Community: Treasure Isle
MLS#: 81301481
Upcoming Open Houses:
Sunday, Jan 27: 2:00-4:00 pm

Great Foster City Eichler style home in excellent neighborhood. Laminate wood floors throughout. Heated pool and spa. Huge master bedroom. Kitchen with granite countertops. Remodeled baths. This house is perfect for entertaining. Home needs a little TLC but is in great shape. This will go quick. Great price!

130124-pilgrim-mirrorHere’s the Pizza on this fab find:

I’ve been visiting Burbed on a daily basis for a few months. It is strangely therapeutic.

This house gave me an urge to send in my first burbed alert.  My favorites are the Cinderella-style bathroom mirror and the vanity.

Our favorite picture is the first one, because we don’t typically find such artistic photos in Foster City.  They’re all strangely identical, but this one is by an agent who says, “No, dammit, this house needs to be backlit! The right buyer wants a house that looms menacingly.

“Also that buyer will appreciate not one but two 8s in the price.”

Bunus: what’s that in the mirror?

Comments (8) -- Posted by: madhaus @ 5:07 am






March 2, 2012

Lots of bedrooms & sqft

If you take a look at the right column, you may have noticed the Category list of all the different kinds of postings covered on Burbed.  Most of them are place names: cities, counties, and San Jose neighborhoods.  With six years of content on the site, there’s still plenty of filing to clean up, and I’m always finding older pieces that weren’t classified correctly.

So while doing a little housekeeping around here, I was rather stunned to find just how little love Burbed had shown to Foster City. Despite the large number of San Mateo County properties featured here, there’s been exactly one house in FC given some proper Burbed attention.  How could that have happened?  Did the Foster City Board of Real Estate Agents make our hosting service an offer that they’re now priced out of forever?

Anyway, it’s time to fix this oversight.  Today we have a find from the City that isn’t just By The Bay, it’s built right over it!

1049 EGRET St
Foster City, CA 94404
$600,000

120229-egret-redfin[4]

BEDS: 5
BATHS: 2
SQ. FT.: 1,930
$/SQ. FT.: $311
LOT SIZE: 5,700 Sq. Ft.
PROPERTY TYPE: Detached Single Family
STORIES: 1
VIEW: Neighborhood
YEAR BUILT: 1965
COMMUNITY: Bay Vista
COUNTY: San Mateo
MLS#: 81144613
SOURCE: MLSListings
STATUS: Pending With Release
ON REDFIN: 133 days

Great family home in nice and quiet location. Lots of bedrooms & sqft. Clean and well maintained. 2 master suites.

Oh, there’s the problem with this home selling.  Too many 4s in the zip code, plus a “bunus” one in the street address.  Somebody must have made an offer based on these wonderful photographs instead.  I especially like the artist’s use of light here.

120229-egret-desk120229-egret-kitchen

And what better way to comment on the anomie of life on soft landfill than these disjoint pieces of furniture in the bedroom?  Why, by contrasting it with this bustling bathroom, complete with symbolic bright red cup as the focal point.  Readers are invited to surmise just what it represents.

120229-egret-corner-chair120229-egret-bath

Plus handy, escape-proof enclosures in both front and back yards, to contain small children and/or vigorous houseplants.  “Bunus”: Never have to yell at neighbor kids to stay off your lawn!

120229-egret-trellis120301-egret-streetview

Comments (6) -- Posted by: madhaus @ 5:12 am

December 4, 2011

OMFG is this THE END of those %$#@ Zip Codes? Rly?

What with all the excitement from our Black Friday and Beyond DEALS, you may not have noticed that our last zip code installment finished out the 301-400 level of Forbes’ Most Expensive Zip codes.  You know what that means!

Yes, this article, the Bottom 100 of the 500 Most Expensive, is The End of the Delivery Route.  Really.  Well, until 2012, when Forbes puts out a brand-new list, but there’s a good chance the world will end before then.  There’s an even better chance that Forbes will only have 5 places on that list instead of 500, with all the mistakes they made this year.  So you’re going to want to pay attention to every single zippy digit in this last entry for 2011!  But first… here’s your chance to catch up if you missed the earlier entries in this exciting, edge-of-your-seat-on-the-mail-truck, most beloved Burbed series of all time!  (Or was that most belittled?)

Previous Entries in the Most Expensive Zip Code Series:

Hold onto your mailbags, folks!  We’re entering an area with all the median prices under $750,000!  Watch out, there may not be any sushi available.

#406: San Anselmo 94960

  • Median Home Price: $749,000
  • Median Price Change: -17.4%
  • Average Days On Market: 200 129
  • Inventory: 129 52
  • 2010 Rank: 267 (-139 spots )
  • Most Expensive Home: $20.5 Million

imageA $20.5 million dollar house in Marin makes sense, but in San Anselmo?  I can’t find anything for eight digits anywhere near San Pablo Bay, and this zip’s most expensive place at 178 W Oak Knoll Drive comes in at only $3.4 million.  That’s very different. This 6000 square foot hotel-like structure on almost 10 acres has been on the market for just about half a year, so you’d better hurry!

Now, we know plenty of high-end places get yanked at the end of warm weather season.  But I find the idea of a $20 million ask going without comment pretty unlikely.  This Marin real estate blog didn’t note it under San Anselmo.  Or anywhere else.  The most expensive sale logged in MLS this year was only $8.75 million, in nearby Ross (#30 last year and mysteriously absent this one).

Zowie!! More zip code inZanity after ze break!

(more…)

Comments (7) -- Posted by: madhaus @ 5:15 am

August 27, 2009

Foster City Elementary School overcrowding and information for parents

Cupertino School District Overflow information | SF Bay Area Home Price and Mortgage Insanity Blog – Burbed.com
Real Alex Says:
August 26th, 2009 at 1:43 pm

Cupertino, heh… If you want to see real disaster, stop by Foster City Elementary at Edgewater. This is a trailer park and war zone at the same time. They over enrolled about 200 kids last year! I don’t know exact stats for this year, but from what I’ve heard it’s not much better. School has about 900 students now and enrollment is going up to 1000 this year, though it was originally designed for 600. In the beginning of last year they had one big class of ~100 kids with 2 temp teachers from other schools and volunteers who were… students from the middle school nearby. It reminded me something… temp schools I’ve seen in Somali… But this was actual school with 900 rating in the middle of Silicon Valley.
This year they had to close all main permanent buildings because of poor condition long overdue maintenance. So, now it’s a set of trailers. Proposition to build another elementary school was rejected by the city. Instead city allocated land for new commercial development. Good job, Foster City. Way to stay in the RBA!

I agree. Let’s face it, children are not the future. Let me say it again. Children are not the future.

Prop 13 made that clear in 1978. Children don’t add to communities, they take away from them. All they want is more more more. Does building a school help bring more $200k jobs to Bay Area? Does building a school make it so you can drive 1 block to go to Best Buy/Bed Bath Beyond/Target instead of 5 miles? Of course not. Investing in children is a net loss.

Good job, Foster City! You certainly did pick the right priorities.

Comments (77) -- Posted by: burbed @ 4:06 am

May 27, 2009

Do you like Halibut? Do you like Carmel? Well you'll love Foster City then!

This week, we celebrate the 5 Bay Area cities featured in Forbes’ “Top 25 Towns To Live Well (and have good access to Venture Capital)”. Coming in at #10:

1338 HALIBUT St, Foster City, CA 94404 | MLS# 80915731
1338 HALIBUT St Foster City, CA 94404
Price: $999,998

1088112807-1338
Beds: 3
Baths: 2
Sq. Ft.: 1,700
$/Sq. Ft.: $588
Lot Size: 6,175 Sq. Ft.
Property Type: Detached Single Family
Style: Traditional
Stories: 1
View: Neighborhood
Year Built: 1968
Community: Carmel Village
County: San Mateo
MLS#: 80915731
Source: MLSListings
Status: Active
On Redfin: 54 days
Every once in a while a property becomes available that offers a rare and extraordinary opportunity! Nestled in the heart of Foster City with a bright Western exposure this totally remodeled ranch style home invites the most discriminating buyer home to perfection. Showcasing a unique combination of charm, detail and today???s design, this home offers it all! Close to schools, parks, shopping & trans

Carmel (Village). Halibut (St). If you love any of those things, you’ll love this Foster City house.

But wait, there’s more – it’s in the heart of Foster City.

This kind of stuff only happens every once in a while so this is an extraordinary opportunity. Are you the discriminating enough of a buyer to own this home?

More importantly, unlike the rest of Foster City, when the Bay rises by a foot, your house won’t immediately be under water. And you know what that means – less supply, more demand. Kabooom! Watch as the value of your house soars!

You’ll thank me… but first, buy a Hummer H2 to help expedite the process!

Comments (17) -- Posted by: burbed @ 5:32 am

May 24, 2009

America’s Top 25 Towns To Live Well – Forbes.com

In Depth: America’s Top 25 Towns To Live Well – Forbes.com
12. Hillsborough, Calif.

Population: 10,553
Location: In San Mateo County, south of San Francisco and north of San Jose.
Median income: $320,715

Strongest categories: Like many of its peninsula neighbors, Hillsborough’s proximity to San Francisco and Silicon Valley means there are plenty of high-paying jobs in emerging fields.

Drawbacks: There aren’t many small businesses or start-ups in Hillsborough itself. It has one of the top five most-educated labor pools based on our analysis, but little in-town business activity.

11. Belmont, Calif.
Population: 24,625
Location: South of Hillsborough, and in between San Francisco and San Jose.
Median income: $102,466

Strongest categories: Belmont residents may not have as much cash on hand as their northern neighbors in Hillsborough, but there are far more businesses emerging there. Local firms have attracted $878 per capita in venture funding, and the city scores in the top quarter for its number of restaurants and bars.

Drawbacks: While its scores for BLS-defined professionals and business start-ups are stronger than most, they simply aren’t high enough to place Belmont in the top 10.

10. Foster City, Calif.
Population: 29,081
Location: South of San Francisco and north of Redwood City
Median income: $119,780

Strongest categories: Home to many top companies, big and small, including Visa International, Sony Computer Entertainment America and Sling Media, Foster City ranks first on our list for its share of highly skilled workers, particularly with a background in tech, and in the top five for its per capita number of patents.

Drawbacks: There isn’t much happening in Foster City. There are plenty of office parks, but it offers few cultural institutions and restaurants.

5. Cupertino, Calif.
Population: 50,572
Location: South of San Francisco and west of San Jose.
Median income: $128,149

Strongest categories: A great start-up environment in the heart of the Silicon Valley and home to a number of semiconductor and technology companies, most notably Apple, Cupertino succeeds as a mix of a place for established businesses and small shops. It ranks in the top 10 for sole proprietors and small businesses per capita.

Drawbacks: While you certainly can’t complain about the warm climate, Cupertino simply didn’t do as well as the top cities on our list even in the categories considered its strengths.

4. Mountain View, Calif.
Population: 70,960
Location: South of Palo Alto on the Bay Area peninsula.
Median income: $88,736

Strongest categories: While there’s plenty more to Mountain View, the average commute time of 20 minutes is a rarely found pleasure of Bay Area living. Credit Mountain View’s standing as our most active venture capital markets, for an abundance of entrepreneurs running their own businesses, which in turn means they don’t have to commute to bigger cities like San Jose and San Francisco.

Drawbacks:There aren’t a lot of restaurants, music venues, museums or cultural attractions in Mountain View, though it isn’t too far for residents to trek 15 miles into San Jose.

Congratulations to all the Bay Area cities that made the cut. Wowsers! Wowsers! Thank you for keeping the Real Bay Area real, and justifying the high housing prices in the area. Who cares that these cities didn’t have the highest incomes of the top 25… it’s the high prices that matter.

Here’s the methodology for those of you who care:

To determine the best towns in which to live well, Forbes teamed with ZoomProspector.com, a San Francisco-based consulting firm specializing in corporate relocation. Because geographical definitions range widely, we used the term “town” to describe every city, town, borough or Census-designated-place under 100,000 people. To rank each town, we looked at median income; average commute; distance to highways and airports; per capita venture capital funding; per capita number of small businesses, sole-proprietorships and start-ups; the percentage of the population with bachelor’s degrees or higher; the share of professional-level workers as defined by the Bureau of Labor Statistics (BLS); the percentage of young and educated people, or those 25-34 with a bachelor’s degree or higher; and the percentage of foreign-born residents with a bachelor’s degree or higher. We also measured the per capita number of restaurants, bars, museums and cultural institutions.

Go figure. Who knew that making “per capita venture capital funding” a criteria would help boost all these Bay Area cities to the top of the list! Go figure!

To celebrate, this week I’m going to feature a house from each of the cities!

And in case you were curious… this is who was number 1:

1. Boulder, Colo.
Population: 90,648
Location: Northwest of Denver, in the mountains.
Median income: $54,243

Strongest categories: Boulder is a consistent high performer in all our measures. The city’s businesses bring in $1,165 in per capita venture capital funding; it ranks fourth for its young and educated population of those 25-34 years old, in the top 5% for its patents per capita, second for its number of sole proprietors, fourth for its number of museums and cultural institutions and has an average commute of 17 minutes.

Drawbacks: If you don’t like snow, this might not be the place for you.

Comments (11) -- Posted by: burbed @ 5:54 am

September 13, 2008

Absolutely Foster City Blog

Blog Roll | Absolutely Foster City Blog
Just in case you didn’t notice I’ve added a list of other blogs on the left hand margin. The top half are blogs from around this area and, obviously, have a very local focus. Of these, I can’t tell you how crazy I am about Burbed , it’s absolutely hilarious and my goal as a real estate agent is to NEVER have one of my listings profiled there! Think of it as “The Onion” of local real estate.

That’s a pretty good goal!

Thanks for the call out!

Comments (19) -- Posted by: burbed @ 5:05 am