December 22, 2011

BLACK FRIDAY DEALS: Cheapest House in San Mateo!

We know, you’re busy holiday shopping!  So we’ll make your shopping really easy with this DEAL in San Mateo!

318 S DELAWARE St, San Mateo, CA 94401
$199,000

image

BEDS: 1
BATHS: 1
SQ. FT.: 740
$/SQ. FT.: $269
LOT SIZE: 5,500 Sq. Ft.
PROPERTY TYPE: Detached Single Family
STORIES: 1
YEAR BUILT: 1912
COMMUNITY: Parkside
COUNTY: San Mateo
MLS#: 81120671
SOURCE: MLSListings
STATUS: Pending With Release
ON REDFIN: 223 days

1bd/1ba land value only. Please do not disturb occupants.

imageThis house has practically everything you want in a listing from Burbed. 

We’ve featured it before!  It has no value as a residence, yet there are people living in it.  Plus the tenants living there mean you can’t look inside the house, and the agent isn’t going to show you any interior pictures.  It’s been pending for more than half a year!  It sold for $401,000… ten years ago.  Talk about instant equity!

imagePlus you get this AWESOME sign that matches the house paint, right in front of the white picket fence, reminding you of the other places you could have chosen to find a DEAL.

If only this house were closer to the freeway or built on a Superfund site.  Then it would be the Absolutely Perfect Burbed Property.

But it isn’t, and that means the $199K is just a starting point for your overbidding.  HURRY, WON’T LAST!

Comments (7) -- Posted by: madhaus @ 4:01 am






August 2, 2011

Is that garage short of a house?

Thanks to Burbed reader MS for another terrific guest post today.  Let’s return to San Mateo and see what just hit the listings!

And remember, Burbed would be nothing but a bunch of links to Redfin without the utter crap fantastic finds our readers send in.  So if you see a hideous teardown dream house opportunity, or always wanted to insult realtards write your own article, please drop us a line.  Why?  Fame, fortune (we can put some 8s next to your handle), plus we’re incredibly lazy.

And now, please give your warmest Real Bay Area welcome to MS!


What could possibly be done to make a 3/2 house in South Shoreview so unappealing that people will bid on it?

2068 KEHOE Ave, San Mateo, CA 94403
$430,000

image

BEDS: 3
BATHS: 2
SQ. FT.: 1,380
$/SQ. FT.: $312
LOT SIZE: 5,000 Sq. Ft.
PROPERTY TYPE: Attached Single Family
STYLE: Ranch
STORIES: 1
VIEW: Neighborhood
YEAR BUILT: 1955
COMMUNITY: Parkside
COUNTY: San Mateo
MLS#: 81133155
SOURCE: MLSListings
STATUS: Active
ON REDFIN: 1 day
NEW LISTING (24 HOURS)

fantastic three bedroom home with large family room, two fireplaces, two car garage 7 great yard with build in BBQ in great neighborhood.

1) Supply one picture of the house at 800 x 600 at so wrong a time of day and angle that it obscures the house almost completely, making it seem like one giant garage. Include the fantastic purple fluorescent sky.

2) Then write this description:

"fantastic three bedroom home with large family room, two fireplaces, two car garage 7 great yard with build in BBQ in great neighborhood."

3) With such marketing, it must be a bargain! Price it 10 percent below realistic to get a bidding war started to cover that ’05 mortgage! 

image

Comments (23) -- Posted by: madhaus @ 5:08 am

May 25, 2011

Something is rotten in the state of… Delaware?

Sale Pending (MLS-listed)
Listed at: $199,000

Beds: 1
Baths: 1
Sq. Ft.: 740
$/Sq. Ft.: $269
Lot Size: 5,500 Sq. Ft.
Property Type: Detached Single Family
Stories: 1
Year Built: 1912
Community: Parkside
County: San Mateo
MLS#: 81120671
Source: MLSListings
Status: Pending With Release

On Redfin: 9 days
1bd/1ba land value only. Please do not disturb occupants.

That looks like a pretty fine house. I wonder what’s wrong with it.

But here’s what Burbed reader Sam wanted to bring to our attention:

I see this kind of thing from time to time- a short sale property that goes pending the same day it is listed.  I have to wonder how the underwriting bank- who is taking a loss on this kind of transaction- can permit this to happen.  Of course, the bank may not agree to the sale, but if they do it sure smacks of some kind of rigged game/insider shenanigans. Since sunlight is said to be the best of disinfectants, I’m hoping that burbed can shine some light on what appears to be something rotten.

Let’s look at the history real quick:

image

Looking at this listing, what I see is that the listing price is $199k. But we’ll have to wait and see what the final selling price is! Will be $500k? $750k? $1M?

Only time will tell…

Comments (12) -- Posted by: burbed @ 5:40 am

March 2, 2011

Free teddy bear with purchase of house

$499,000

 

Beds: 3
Baths: 1
Sq. Ft.: 1,030
$/Sq. Ft.: $484
Lot Size: 5,200 Sq. Ft.
Property Type: Detached Single Family
Style: Contemporary
Stories: 1
View: Neighborhood
Year Built: 1954
Community: Parkside
County: San Mateo
MLS#: 81017612
Source: MLSListings
Status: ActiveThis listing is for sale and the sellers are accepting offers.
On Redfin: 293 days
Lovely home in excellent conditions!!! It has lots of upgrades, Updated kitchen with granite counters, elegant hardwood floors, Renovated Bathroom with marble walls, Lovely backyard with plenty fruit trees, Fresh paint in and out. Double paned windows. . It is in move in conditions. .

Lots of upgrades indeed! Although one upgrade you may want to do is to enlarge the garage since it looks like that SUV will cause it to burst.

Let’s take a look at those upgrades. Like the kitchen!

13011548

I really like the hose back there! It really adds a gritty SoMA feel to this house!

I’m surprised though they didn’t call out the free teddy bear:

13011547

Now that’s a real value add!

Comments (18) -- Posted by: burbed @ 5:45 am