July 30, 2012

Hooray for Crapshacks!

It’s been so long since we’ve featured a house like today’s property, and this site used to run almost nothing else.  Blame it on all the flippers out there trying to install granite in absolutely every building.

Today’s home hails from amazing Alum Rock, and was discovered by Burbed reader Tracy Tea House, who is our guest blogger this fine day.  We’re headed for Zillow, (Redfin link here) so hold on!  And before we go, be sure to give Tracy a big, warm Real Bay Area welcome for this guest post!


1761 E San Antonio St
San Jose, CA 95116
For Sale: $285,000

120729-sanantonio-zillow

120729-sanantonio-frontZestimate®: $271,085
Est. Mortgage: $1,020/mo
See current rates on Zillow
Beds: 2
Baths: 1
Sqft: 937
Lot: 9,583 sq ft / 0.22 acres
Type: Single Family
Year built: 1920
Parking: –
Cooling: –
Heating: –
Fireplace: –
On Zillow: 30 days
MLS #: 81224183

Brokered And Advertised By: Altas Realty Listing Agent: Clem Garcia

120729-sanantonio-backThere’s something about a North  East San José crap shack from 1920 that just gets my juices flowing. I start imagining the history, who lived there, what this part of California was like back then, so much closer to the time of  original settlement.

Then, I start thinking of the toxics, asbestos, old leaky containers and old buried tanks in the 9000 sf yard. Suddenly, the idea of tearing it down and building a flip doesn’t sound too bad… But, people are living there, in all  937 sf of it and they want almost 300K for it????

120729-sanantonio-yard

Still the pictures are intriguing. There is dirt, trash, chain link, Plywood fences, artful shadows, and so much more  in the mystery RV.  Then there are the “normal” houses nearby… How has this one remained all these years, and who will come on the scene to change it. Ok, I’m hooked I’ll add it to my many saved shacks, and send it to madhaus and burbed who I know will appreciate the art of this sale.

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






July 27, 2012

Zoned Industrial; City will not allow change

Success breeds success at Burbed, and our coverage of Google Central just keeps leading to more submissions as close-in as possible. Today’s property is a real treat because it’s so close to everything.  Thanks very much to Burbed reader Michael Boltonestater for this mixed-use manse in Mountain View.

1941 COLONY St
Mountain View, CA 94043
$828,000

120725-colony-redfin

120725-colony-shedBEDS:  3
BATHS:  1.5
SQ. FT.:  1,105
$/SQ. FT.:  $749
LOT SIZE:  0.27 Acres
PROPERTY TYPE: Detached Single Family
STORIES: 1
YEAR BUILT:  1950
COMMUNITY:  Rengstorff
COUNTY:  Santa Clara
MLS#:  81227723
SOURCE:  MLSListings
STATUS: Active
ON REDFIN:  1 day
 NEW LISTING (24 HOURS)

Zoned industrial, currently used as a single family house, not allowed to increase the living sqft. Can be used also as mixed residential/industrial. Currently considered non-conforming use and can be kept this way. City will not allow to change the industrial zoning to residential zoning.

120725-colony-drivewayThis agent is such a defeatist! Of course the city will allow to change the industrial zoning to residential zoning.  The only question is, how much will it cost to encourage them to do it?  When you see what this house is near, the answer to whether it’s worth it isn’t just yes, but FOUKING HELL YES.

We’ve seen mixed residential/commercial zoning before, but this house enters a new paradigm for the Silicon Valley engineer/inventor who doesn’t want to be limited to just the garage.  Take a look at all you get just on your block!  Places to build things or store things or blow them up to the left, other is-this-a-house-or-a-wrecking-yard mysteries to the right.  It’s a win either direction you go.  

120725-colony-satellite

Plus, look at the  neighborhood we’re talking about!  It’s not often that the vehicles go so perfectly with the front yard decor.

120725-colony-streetview

And across the street, it gets even better!  No less than Burbed’s favorite townhouse community EVER!

120725-colony-gables

If Burbed were a business that actually made any money, this house would be the place we’d be headquartered. So run out and buy the place, and start your Web 3.1 empire today!

Comments (12) -- Posted by: madhaus @ 5:10 am

July 6, 2012

Seller will finance w/ NO qual.

Here’s a little something to consider while another weekend is coming!  Thanks very much to Burbed reader nomadic for this luscious listing in Los Altos Hills.

11195 HOOPER Ln
Los Altos Hills, CA 94024
$4,099,000

120705-hooper-redfin

120705-hooper-frontBEDS:  4
BATHS:  4
SQ. FT.:  4,700
$/SQ. FT.:  $872
LOT SIZE:  1.86 Acres
PROPERTY TYPE: Detached Single Family
STYLE: Contemporary
STORIES: 2
YEAR BUILT:  1957
COMMUNITY:  Los Altos Hills
COUNTY:  Santa Clara
MLS#:  81217362
SOURCE:  MLSListings
STATUS: Active
ON REDFIN:  57 days

Seller will finance w/ NO qual. LOCATION, LOCATION, LOCATION: Private, Secure, Quiet, Serene, with City and Bay Views, and proximity to town are UNIQUE and RARE in this wooded ~2 Acres property. Update or rebuild the existing Comtemp. Style home in this Executive Estate. Detached cottage w/ Full Kitchen is ideal for backyard living/entertain w/ no direct visuals to any neighbors.

120705-hooper-kitchenAnd you thought the market was hot, hot, HOT?  Then what’s with this seller financing deal, w/ NO qual.  That’s probably short for “quality.”  Plus you can “update or rebuild” which means the “existing Contemp. Style home” isn’t exactly turnkey.  More like turkey.

There’s a virtual tour, if you really want to see how a 1957 house can be Contemp. Style.  Maybe that stands for the “contempt” the sellers must have, as they’ve been trying to get out from under this place since 2007.  Here’s the listing history, courtesy of Zillow.

Price History

Date Description Price Change $/sqft Source  
05/11/2012 Listed for sale $4,099,000 -14.6% $872 Coldwell Banker Residential Brokerage – Los Altos
08/07/2011 Listing removed $4,798,000 $1,020 Keller Williams Realty
05/06/2011 Listed for sale $4,798,000 -8.6% $1,020 Keller Williams Realty
08/14/2009 Listing removed $5,250,000 $1,117 NRT California
02/25/2009 Listed for sale $5,250,000 $1,117 NRT California
11/15/2008 Listing removed $5,250,000 $1,117 TourFactory
09/20/2008 Listed for sale $5,250,000 $1,117 TourFactory
06/13/2008 Listing removed $5,250,000 $1,117 TourFactory
06/01/2008 Listed for sale $5,250,000 -0.8% $1,117 TourFactory
01/04/2008 Listing removed $5,294,000 $1,126
08/26/2007 Listed for sale $5,294,000 521% $1,126 Agent
10/08/1996 Sold $852,000 1.4% $181 Public Record   
08/19/1994 Sold $840,000 $178 Public Record

Wrap that up with a ZEstimate range of $2.68 to $4.09 M and maybe some Facebook millionaire will take it off their hands by 2015.

 

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

July 5, 2012

This Property is not Buildable

Hope everyone had a very happy 4th  of July.  Now that we’ve declared our Independence, let’s get back to looking at some housing win.  Today’s entry is from Burbed reader Tom Paine, to which we say, thank you very much for this superb structure in Sebastopol.

Sebastopol, in case you’re checking, was not, is not, and never will be part of the Real Bay Area.  However, the market is so hot, hot, HOT… even this place is pending.

8680 Bodega Hwy
Sebastopol, CA 95472
$62,200

120704-bodega-redfin

120704-bodega-windowBEDS:  1
BATHS:  1
SQ. FT.:  625
$/SQ. FT.:  $100
LOT SIZE:  5,663 Sq. Ft.
PROPERTY TYPE: Residential, Detached, Single Family
STYLE: Bungalow
STORIES: 1
YEAR BUILT:  1953
COMMUNITY:  Sebastopol
COUNTY:  Sonoma
MLS#:  21211920
SOURCE:  BAREIS
STATUS: Contingent (Show)
ON REDFIN:  51 days

This property is not buildable. The septic system needs to be replaced and the property is too small for the County of Sonoma to allow that. There is no well. County will NOT allow this property to be refurbished. Land only.

120704-bodega-roofHere’s what Tom had to say about this lucky listing:

You can’t build on it and you can’t get a permit to fix it because there’s no room for a septic system. Soooo $65k for .130 acres with a structure that needs to be demolished because it is an attractive nuisance. On floodplain. Who could pass this one up!

The real question is, which one of the neighboring property owners snapped this up?  Because there isn’t a good reason to buy this if you don’t own the lot adjoining it, is there?  Maybe our readers can solve this mystery!

 

 

Comments (18) -- Posted by: madhaus @ 5:08 am

June 28, 2012

Alameda Gold Coast: Pay lots of gold while your agent coasts

Get out your FasTrak box, we’re crossing over to the East Bay today!  Thanks very much to Burbed reader J from Alameda, who reminds us that anyplace, no matter how unlike the RBA, can be Burbed-worthy.  Remember, if a property is in the Bay Area, it can be Burbed too!

J sent us a Zillow link, so that’s what we’re using. And that’s because we’re still really annoyed that Redfin stopped linking to us without explanation, but still emblazons “Bloggers, have you written about this property?” on every listing. So what are we, Redfin, chopped liver?

1629 San Antonio
Alameda, CA 94501
$649,000

120627-sanantonio-zillow

120627-sanantonio-frontBeds: 4
Baths: 2
Sqft: 2,371
Lot: 6,000 sq ft / 0.14 acres
Type: Single Family
Year built: 1970
Last sold: Oct 1998 for $375,000 –
Parking: –
Cooling: –
Heating: –
Fireplace: –
On Zillow: 42 days
Other facts
Construction quality: 6.0
County: Alameda
Last remodel year: 1971
120627-sanantonio-tableLegal description: MAP 58 PG 99 LOT 1
Parcel #: 072 031400502
Per floor sqft: 2,371 2,
Total rooms: 8
# Stories: 2
Structure type: Other
Unit cnt: 1
Zillow Home ID: 24861486

Affordable, Contemporary, Gold Coast Home

 

 

120627-sanantonio-steps

Here’s why J sent in this Alameda amazement.

Not RBA but perhaps Burbed worthy. So, it’s a partially finished remodel – not new news that someone ran out of money.

However, the photos. It’s sort of ‘staged’ – table in dining room, cabinet in living room, bed in bedroom (did not have time to get the comforter on right). The stair photo – written on the top stair is ‘keep out’. Finally, the lovely wall mounted fire extinguisher near the window in the other bedroom. Fascinating what an agent does, or does not bother to do.

You know what that lonely table in the dining room reminds us of?  Those abandoned real estate as art photos by Edgar Martins.  The bedroom photos are suggestive of his work as well.  Here are the two J mentioned above.

120627-sanantonio-comforter120627-sanantonio-extinguisher

Plus this was an awesome opportunity to break out the RED ARROW toolkit.

 

Comments (28) -- Posted by: madhaus @ 5:04 am

June 14, 2012

Diamond in a Rough part of East San Jose

Here’s a find in the East Hills of San Jose, in Almost-But-Not-Quite-Evergreen.  Thanks very much to Burbed reader Tracy Tea House for this disappearing domicile.  Yes, disappearing, the listing went Pending-Do Not Show the day we wrote this and we had to search for it on literally SEVEN different real estate sites until we found one that hadn’t pulled the pix fast enough.  Today’s Thank-goodness-somebody-out-there-is-lazy real estate website is SAWBUCK.

3157 Markwood Court
San Jose, CA 95148
$586,000

120612-markwood-sawbuck

120612-markwood-stairwayBedrooms : 5
Bathrooms : 3
Lot Size : 0.29 ac
Finished Sq Ft : 2,253 sq. ft.
Type : Detached Single Family
Style : Traditional
Year Built : 1976
Subdivision : Evergreen
Stories : 2
MLS# : 81220317
WalkScore™ : 38 (Car-Dependent)

Diamond in a rough. Good location, near schools, EastRidge Mall. No warranty on Swimming pool/spa. Big lot. Two separate storages with no permit at rear. A lot of potential for this property. As-is sale.

120612-markwood-sidewaysHere’s why Tracy sent this Evergreen edifice in:

Not only does it have the favorite phrase Diamond in the rough.” The pictures are “works of art.” From the sideways one, the stairway cage or the coiled hose… Classic… especially the non-warrantied swimming pool.  120612-markwood-hose

Humm I wonder what is wrong right with it??

That’s “Diamond in A rough” not “diamond in THE rough.”  Perhaps they left a word or two out after rough.

Tracy also notes that the listing copy used to end with “Price reflect deferred maintenance on property.” instead of the current “As-is sale.”  We’ve added both the as-is and needs work tags. 

The pictures, all of them. are indeed works of art, if by “art” we actually mean “seriously, WTF?”  We’ve got every one of them for you (in case Sawbuck feels the need to abide by MLS rules) after the break.

(more…)

Comments (33) -- Posted by: madhaus @ 5:02 am

June 8, 2012

Live-in, remodel to suit, or build anew

Let’s finish up the week with a visit to the wonderful world of Woodside.  Thanks very much to Burbed reader nomadic for this rococo residence that may have you ralphing.

110 KENMORE Way
Woodside, CA 94062
$1,699,000

120607-kenmore-redfin

120607-kenmore-doorknobBEDS: 3
BATHS: 3.5
SQ. FT.: 3,460
$/SQ. FT.: $491
LOT SIZE: 1.04 Acres
PROPERTY TYPE: Detached Single Family
STYLE: Ranch
STORIES: 1
VIEW: Mountains
YEAR BUILT: 1955
COMMUNITY: Woodside Hills
120607-kenmore-libraryCOUNTY: San Mateo
MLS#: 81218775
SOURCE: MLSListings
STATUS: Active
ON REDFIN: 21 days

Enjoy this spacious, single-level, View Contemporary features 3 Bedrooms, 3.5 Bath plus formal Library/Study, on a quiet, private cul-du-sac in the highly sought-after Woodside Hills community. Live-in, remodel to suit, or build anew to take advantage of this huge 1.04 * acre lot with sweeping western hill views. The home at its prime was featured in Architectural Digest and Gentry Magazine.

120607-kenmore-too-much-furnitureThat first sentence doesn’t scan at all.  It starts off telling you to enjoy the house but gets lost in panting over the features.  Just because you’re spending over a million on a house doesn’t mean you should expect a realtard capable of proofing his own copy.  Anyway, here’s why nomadic sent this property in:

This house isn’t that bad, but a phrase in the 120607-kenmore-laundrycopy is amusing: “the home at its prime was featured in Architectural Digest and Gentry Magazine.  When?  I’d guess around 1960.  Hmm, according to their website, Gentry Magazine (apparently a pretentious publication) was established in 1993.  That hardly seems possible!

120607-kenmore-gentry

120607-kenmore-kawlums1993?  Then what’s with the mermaid on the website?  Splash came out in 1984, and even The Little Mermaid beat the 90s by a month and a half.  But if you read the current issue online, page 5 has a much pricier place in Woodside with the same high-falutin’ terms as eBay.  Yup, a minimum bid and a Buy it Now price.

120607-kenmore-mantleOkay, back to this house.  “The house isn’t that bad”?  How could it be bad?  It has mawbul kawlums!  Some of the other photos, though, suggest someone with too much money and no understanding of the term “less is more.”  Because when it comes to the photos of this house, more is definitely not more.  Maybe someone should tell the agent that plastering his name prominently across every single listing photo only adds to that “gilding the gold-plated fixtures” feeling.

120607-kenmore-little-gentryAnd that doesn’t include the utterly pedestrian street name.  Look, if you have enough wealth to buy in Woodside, you do not want to live on a street that reminds you of your mother’s crappy dishwasher.  Maybe you could make a donation to the Mayor’s favorite charity in return for a declaration renaming the street Miele Manor or Bosch Boulevard.  If you need inspiration, start leafing through Gentry Magazine.

Coming soon!  We can’t wait!

Comments (9) -- Posted by: madhaus @ 5:04 am

May 30, 2012

Could be a builder/investor’s dream place with bountiful of good restaurants

Burbed continues to look at the kind of houses that made this site what it is: crapboxes!  Today we have a Guest Post from Burbed reader mabel du of a memorable manor in Mountain View!  Please welcome mabel to the front page as today’s Guest Blogger!

Want to see your name in lights too?  Submit your housing finds for us to dissect, or your full write-ups, to the email addresses in the top right corner.


330 MOFFETT Blvd
Mountain View, CA 94043
$875,000

120527-moffett-redfin

BEDS: 4
BATHS: 2
SQ. FT.: 1,176
$/SQ. FT.: $744
LOT SIZE: 5,700 Sq. Ft.
PROPERTY TYPE: Detached Single Family
STYLE: Ranch
STORIES: 1
VIEW: City Lights
YEAR BUILT: 1960
COMMUNITY: North Shoreline
COUNTY: Santa Clara
MLS#: 81215495
SOURCE: MLSListings
STATUS: Active
ON REDFIN: 32 days

Highly desirable Mountain View area within a couple of blocks of downtown with bountiful of good restaurants. Commerical residential zone. This site can be either one. Fixer upper. Could be a builder/investor’s dream place. Property to be sold in “as is condition”. Lots of potential!!! Easy access to highway 85 and freeway 101.

Don’t let this gem slip away into pending status before you can post it.  This is the hot new/old recycled listing from our past – twice – see the olde but goode listings on Burbed.

120529-moffett-burbed-2008

This crapshack wouldn’t take “no” for an answer a few years ago, so they raised the price $10k trying to win the housing (Facebook) lottery again.  I guess they think the kids with new Facebook money will jump all over this place as a diamond in the rough (note to realtor:  don’t hold yer breath).

120529-moffett-burbed-2006

This time, instead of sharing multi photos of Moffett Blvd, they’re just showing us the outside of the lil’ darling in a multi-use neighborhood. (Check out the satellite photo)

120529-moffett-satellite

120529-moffett-frontyardThis entry must be Burbed-worthy, especially the 3rd time around.  It looks like they’ve really spiffied-up the yard in the years since entry #1 graced yer lovely website;  they must have raked the leaves at least once in the last 6 yrs. 

Based on these front yard pix, i assume there’s a good sized corn mash still tucked away in the backyard.  It’s like re-visiting my childhood trips thru Appalachia; and it’s right here in mountain view, but without the nauseating drive through the mountains in the back end suicide seats of a station wagon! 

120529-moffett-garageAnd I didn’t even include the actual trauma of being IN Appalachia for summers w/my dad’s family! That the old station wagon was probably circa 1965 with those back end suicide seats – no seat belts, who needs ‘em!?!   One good bump and all the kids would have been projectiles out the back window, which was already rolled down and sucking in additional exhaust fumes (no AC back in the dark ages).  If you’re not old enough to remember ‘em, you missed an era.

Comments (21) -- Posted by: madhaus @ 5:03 am

May 29, 2012

Wow! What a price!

Last week we looked at a series of very expensive houses.  Let’s return to our Burbed roots and examine some less stratospheric home options.  Today’s featured façade is a Milpitas mansion, thanks to Burbed reader PKamp3.

436 COELHO St
Milpitas, CA 95035
$340,800

120527-coelho-redfin

BEDS: 6
BATHS: 3
SQ. FT.: 1,962
$/SQ. FT.: $174
LOT SIZE: 7,975 Sq. Ft.
PROPERTY TYPE: Detached Single Family
STYLE: Contemporary
STORIES: 2
YEAR BUILT: 1964
COMMUNITY: Milpitas
COUNTY: Santa Clara
MLS#: 81215571
SOURCE: MLSListings
STATUS: Active
ON REDFIN: 30 days

Wow! What a price! This beautiful 5 bedroom 3 bath home has enough square footage for a large family. Grand entry with pillar columns opens into a large living area with fireplace. Some bedrooms downstairs and the rest upstairs. 1 full bathroom downstairs as well!

120527-coelho-backyardHere’s why PK thought we should check this one out:

How about revisiting a house which has been featured on Burbed before?

So… if it was featured on Burbed on June 17, 2011 for $674,950 and it costs $340,800 today… is a 54% annualized loss the new 7.2% gain?

Yes, indeed, this house was featured before.  Bet you didn’t recognize its new look above, either.

120527-coelho-reprise

120527-coelho-bath[5]According to Zillow, the price was only lowered one other time from the original $674,950 “WON’T LAST!!” listing, to $660,000.  And if the place didn’t sell at $674,950 between May and October, slashing $14,950 off (a whopping 2.2%) should have commenced the overbidding immediately.

The new asking price has been sitting for a month, despite the amazing features of the house (Some bedrooms downstairs and the rest upstairs).  I know that when I buy a six bedroom house, I’m always 120527-coelho-kawlumsreally cheesed off when discovering some of the bedrooms under the septic tank.

Also, the price cut also reflects another cut: this new listing no longer features a view.  But the kawlums are still included.  Do check out the pictures on this new listing, though, as there are surprisingly few of the inside of the house compared to last time.  There are four different shots of the back yard, and every single one of them features the portable grill.

Meanwhile, three different Redfin agents have left comments on the house.  Let’s share in their expert opinion.

120527-coelho-agents

Question: Does the master bedroom have a Jacuzzi tub in it?  Second question: How come two out of three realtards can’t spell Jacuzzi?  J’accuse!

Comments (17) -- Posted by: madhaus @ 5:07 am

May 9, 2012

Going, going, GONE in San Mateo

120508-not4saleIt’s becoming more challenging to provide a good variety of listings on Burbed.  Readers from all over send in their nominations for housing fail.  We work our way through the inbox looking to produce a good mix of home types, locations, submitters, and price range.  Lately, by the time we’re ready to write up a reader-suggested domestic disaster, all traces of the listing have been removed from the MLS. 

Back in the post-bubble doldrums when sellers had to promise a years’ worth of weekly car waxes and grocery delivery, an accepted offer wouldn’t lead to the agent yanking photos and description.  So what’s happening now?  Listings are evaporating faster than a YouTube video with a DMCA takedown notice.  Is this just another sign that there’s so little inventory, the selling agents feel besieged?

Today’s featured property is a San Mateo teardown that didn’t collect any dust, courtesy of Burbed reader SMParkster.  And since Redfin’s removed the info, time to play eenie-meenie-miney-mo with the other real estate websites.  Today’s “winner” is Trulia, which we thank very much for taking their time.

249 West Poplar Avenue
San Mateo CA 94402
$2,250,000

120508-poplar-trulia

Status: Pending
Bedrooms: 5
Bathrooms: 3
Property type: Single-Family Home
Size: 3,121 sqft
Lot: —
Price/sqft: $721/sqft
Year built: 1906
Added on Trulia: 18 days ago
Neighborhood: San Mateo Park
Zip: 94402

Absolutely spectacular estate in San Mateo Park. Sprawling lot size of 24,000 square feet. High-reaching palm trees and mature redwoods welcome guests as they approach the main house down a gently winding driveway. This truly unique offering has been carefully maintained by the same family for the last fifty years.

120507-poplar-facadeHere’s why SMParkster passed this carefully maintained winner along:

I walk past that property all the time and the lot is truly really nice, but the house is set back much much further than any other house in the neighborhood and I’ve always kind of wondered about the owners.

120508-poplar-fireplaceThe MLS listing says the current owners have been there 50 years which doesn’t really surprise me.  I was just surprised that the asking price is about in line with what a decent house on that size lot would currently go for (I think) around here, but the house clearly needs either tearing down (what the real estate agent seems to be implying) or major updating at the very least.

More photos inside, so click on in!

(more…)

Comments (12) -- Posted by: madhaus @ 5:02 am