May 9, 2013

You will own the house that everyone talks about

Let’s continue looking at some homes untouched by Bay Area Bubble 4.0 fever!  Thanks very much to Burbed reader dollarbin for this fantastic find: over 200 days on the market and wait until you see the price history! Amazing!

130508-83rd-redfin1915 83RD Ave
Oakland, CA 94621
$189,000

3 Beds
2 Baths
1,526 Sq. Ft.
$124 / Sq. Ft.
Built: 1963
Lot Size: 5,400 Sq. Ft.
On Redfin: 210 days
Type: Detached
Stories: 1
County: Alameda
Style: Custom
Community: East Oakland
MLS#: 40592548

Come and see this custom built Eichler in Oakland. You will own the house that everyone talks about. This house is an architectural masterpiece and the additional master bed and bath make it incredible. This is the only Eichler in this part of Oakland. Open House April 6th, 10 AM- 12PM.

130508-83rd-saluteHere’s what dollarbin thought of the place:

I’ve been sitting on this one for quite some time and it’s finally pending but as a short sale, I bet it will have a long luxurious escrow.  Check out the listing price history, more ups and downs than a whack-a-mole game. Bring on the Eichler lovers!

There’s so much to salute about this property, it’s hard to figure out where to start the rollout.  How about we take a look at all the attractive price points it has offered in search of the One True Buyer.

130508-83rd-history

No wonder it’s selling shortly!  Don’t miss the Open House, either! Um, whoops.  Hey, this is the only Eichler in this part of Oakland!

Comments (10) -- Posted by: madhaus @ 5:09 am






April 13, 2013

Location, Location, Location in Los Altos!

BlogAtoZ-LHappy Saturday and weekend! We’re one Letter Less than halfway through the Blogging from A to Z Challenge. Remember blog Life before this Lunacy when a Lousy Los Gatos Lanai would Light up the comment thread? Yeah, we don’t either.

So we’ll play what’s Laid, and that’s this Lulu of a Listing in Los Altos with a Likely Large Lot.

130412-sanantonio-redfin757 N SAN ANTONIO Rd
Los Altos, CA 94022
$1,199,000

3 Beds
2 Baths
1,330 Sq. Ft.
$902 / Sq. Ft.
Built: 1952
Lot Size: 9,270 Sq. Ft.
On Redfin: 23 days
Property Type: Detached Single Family
Stories: 1
County: Santa Clara
Style: Ranch
Community: North Los Altos
MLS#: 81308943

Charming and welcoming Los Altos ranch home. Freshly painted inside and outside. Multiple recent upgrades: kitchen, roof, garage door, double pane windows, floors, etc. Award winning Los Altos Schools. Close to schools, shopping and restaurants.

Upcoming Open Houses

Saturday, Apr 13: 1:00-5:00 pm
Sunday, Apr 14: 1:00-5:00 pm

130412-sanantonio-landscapeLook, Listing Lusciousness is all Location, Location, Location. And this Location says it’s close to schools, shopping, and restaurants. Let’s Learn how Close.  Across the (very busy) street is Bullis Charter School, already Lovingly Lauded on this website! (And you know when we Lovingly Laud something, that means the exact opposite of Lovingly Laud.)

Like the Landscaping? This Low-maintenance approach not only saves time, money, and Liquids, you’ll never have to Lift a Limb watering the front Lawn. (That’s because it Lacks one.)

130412-sanantonio-kitchenLug yourself north and you’ll find the restaurants.  Lots of them. Actually you have Little choice about Leaning north; the Lean-to is on the northbound side of a divided four-Lane thoroughfare.

Other than that, why hasn’t this Locale sold in 23 days, in this Lava-hot market? The Listing agent already Lowered the price at Least 14%!

Let us know if you Look in at the Open House this weekend!

Comments (1) -- Posted by: madhaus @ 5:05 am

March 28, 2013

Space for 7-14 vehicles, dance or artist’s studio, bowling alley, wrestling etc.

Most of our submissions come to us via email (contact info available in the upper right hand column).  Today’s featured fortress, from the wilds of San Jose Country Club near Santa Teresa del Fuego, was passed on to us via the Bat Signal. A Redfin Forums reader started a new thread and suggested that this home ought to join the Real Bay Area Is Awesome article, better known as What Can You Buy In The Bay Area for $3.3 million?  Well, let’s find out, courtesy of Burbed Reader HomeBuyer25!

130327-country-redfin5752 COUNTRY CLUB Pkwy
San Jose, CA 95138
$3,350,000

HOA Dues: $120/mo.
7 Beds
8.5 Baths
13,100 Sq. Ft.
$256 / Sq. Ft.
Built: 2006
Lot Size: 0.53 Acres
On Redfin: 1 day
Status: Active
HOA Dues: $120/month
Style: Mediterranean
View: Bay, Green Belt, Mountains, Canyon, Neighborhood, Valley, City Lights, Golf Course
County: Santa Clara
Property Type: Detached Single Family
Stories: 3
Community: Evergreen
MLS#: 81309594130327-country-xmas

Prestigious Silver Creek Valley Country Club! Premium oversized parcel 23,140 sq. ft. featuring 13,100 s. f. residence w/ separate full guest quarters. Space for 7-14 vehicles, weight room, full basement, extra rooms for storage, dance or artist’s studio, wine cellar, bowling alley, wrestling etc. Amenities include radiant heated marble slab floors, 22 ft foyer, gym & theatre, 600 amp panel etc.

130327-country-kawlums600 amp panel? Sold!  And that’s just for starters!

Because you know what else this place has? Elegance! Prestige! Why it’s boisting wit’ klayuss! Why? Kawlums!  Everything’s better with kawlums!

Although, not so fast. A look at the property history suggests this place has been on the market a lot more than one day. Or one time.  Take a look at the death throes of someone’s dream:

130327-country-history

130327-country-kawlums2Hey, the price has been going back up for almost a year! Even the short sales show that Bay Area Bubble 4.0 is firmly inflated!  Blurry pictures, Christmas at Easter, more than a 50% haircut with amazing price history going back six years, and if you spent this much money in Palo Alto, there wouldn’t be a kawlum in sight!

Is that #winning or what?

Now, everyone submit your best prediction on what will be the winning overbid!

Comments (14) -- Posted by: madhaus @ 5:01 am

March 21, 2013

This is why The Real Bay Area is Awesome

We get some interesting comments from people who don’t agree with our definition of what the Real Bay Area (RBA) is. Many seem to think that if an area is wealthier than its surrounding community, that, in and of itself, is sufficient for RBAhood.  Nothing could be further from the truth.

The whole point of the RBA is that it is not only expensive, it is that you will pay a crapton of money to live there and the sellers can ask over three million yet treat you with complete and utter disdain. You will also end up with a house that isn’t even worth photographing. Today’s property illustrates this perfectly.

130320-waverly-redfin1801 WAVERLEY St
Palo Alto, CA 94301
$3,295,000

5 Beds
3.5 Baths
2,982 Sq. Ft.
$1,105 / Sq. Ft.
Built: 1932
Lot Size: 9,000 Sq. Ft.
On Redfin: 7 days
Property Type: Detached Single Family
Stories: 2
Community: Old Palo Alto
MLS#: 81307920
Style: Colonial
View: Neighborhood
County: Santa Clara

Upcoming Open Houses

Saturday, Mar 23: 1:30-4:30 pm
Sunday, Mar 24: 1:30-4:30 pm

Prime Old Palo Alto!Old world charm meets modern amenities! Lovely 5 bedroom, 3.5 bath home. 2 master suites; one on each floor. Large family room adjacent to spacious kitchen. This home features a huge 9000 +/- sf lot. It is perfect for large gatherings & extended family visits. Updated kitchen and baths with tile counters and newer appliances.

130320-waverly-streetviewYes, this is a vintage home (just slipping in under our definition to earn the “old house” tag) in a desirable part of Palo Alto, but it isn’t being marketed as a teardown. It’s just that the agent obviously has better things to do than pull out the iPhone and snap a dozen listing photos.

Good thing there’s Google Streetview!  Isn’t this place just fabulous?

130320-waverly-streetview2Guess you’ll never know unless you show up at the Open Houses this weekend.  Also, many sections of Streetview around this house have been blurred out. Perhaps this home is owned by a highly-placed Googler.  This view around the corner from Tennyson was the best we could do.

But you’ve seen plenty of properties on Burbed showcasing Palo Alto. (Heck, we’ve visited Waverley Street so often they ought to rename it Burbed Boulevard.)  We were trying to make a point about the difference between RBA and not-so-RBA.  Let’s see what you could get for pretty much the same amount of money over the Bay and through the Caldecott.

130320-oaks-redfin6 GREAT OAKS Cir
Orinda, CA 94563
$3,350,000

3 Beds
3.5 Baths
4,350 Sq. Ft.
$770 / Sq. Ft.
Built: 1949
Lot Size: 2.32 Acres
On Redfin: 541 days
Type: Detached
Stories: 1
Community: Glorietta
MLS#: 40544806
Style: Contemporary
View: Other
County: Contra Costa

Original Frank Lloyd Wright designed home built in 1949. The stunning grounds were landscaped by Henry Matsutani who did the Japanese Tea Gardens in Golden Gate Park. Incredible opportunity to own a bit of history/ a work of art. All showings subject to screening process. Call agents for details.

130320-oaks-diningThat’s right.  If you’re willing to spend the same amount in Orinda, you can own a house actually designed by Frank Lloyd fucking Wright. Not only that, the landscaping is by the same master gardener behind the Japanese I-shit-you-not Tea Garden.  In Golden goddamned Gate Park. Which we think even Silicon Valley software dweebs have heard of. Plus the Orinda house is on more than two acres.

It’s also been for sale for a year and a half and has had two major price reductions.

130320-oaks-statuesBut in Old Palo Alto, you get a house on nine thousand feet, and you will like it.  And if you don’t plenty of others will, because this house has only been on the market for a week, and after the Open House you know the sellers will be receiving all seventy-nine offers the following Tuesday, and decide which of the no-contingencies-extra-cash-please-with-homemade-brownies-and-a-Tesla-Model-S begging letters they will accept.

And THAT, my friends, is the Real difference between the Real Bay Area and the Rest.

Thanks to the fun folks at Redfin Forums for inspiring today’s article.

Comments (22) -- Posted by: madhaus @ 5:02 am

March 6, 2013

Bay Area Bubble 4.0: The Old is New Again

We’re covering the housing bubble 24/7 now that everyone’s paying attention to real estate again.  Today we have a lovely home in Redwood City that you may have seen before.  Take another look, while you still can!  Thanks very much to Burbed reader Petsmart Groomer for an excellent surveillance operation.

130305-esther-redfin715 ESTHER Ln
Redwood City, CA 94062
$450,000

2 Beds
1 Baths
750 Sq. Ft.
$600 / Sq. Ft.
Built: 1929
Lot Size: 4,790 Sq. Ft.
On Redfin: 33 days
Property Type: Detached Single Family
Stories: 1
Community: Cordilleras Heights
MLS#: 81303054

Beautiful view of bay and city lights. Additional 6900sqft lot to be sold with the property. The additional 6900 sq ft parcel of land CANNOT be developed upon per city and county building department. Building square footage 1130sf on public profile is incorrect, actual living area is about 750sf, Fixer-upper Sold "As Is" may not qualify for FHA.

This house’s list of tag may be bigger than it is.  Not only that, it has a history!

130305-esther-reprise-120620

Here’s something it didn’t have last year (besides an extra hundred thou of instant equity you get now!): Redfin Agent Insights!

130305-esther-redfin-agent

“Dead End,” “Completely gutted” and “Killer Views,” three phrases that don’t go well together after watching certain movies.  How about Zero Dark Thirty?

Comments (9) -- Posted by: madhaus @ 5:09 am

February 28, 2013

Who Ya Gonna Call in Los Gatos?

Properties featured on Burbed can be one of several things.  They can be the classic ridiculously high-priced crapbox, which is our bread, butter, and without so much rat in it.  There’s your basic eye-popping completely-overdone-for-the-neighborhood McMansion.  There’s your that’s-not-eclectic-that’s-just-WTF white elephant that doubles as a falling knife.

Today’s property seems to fit into that third category. Thanks very much to longtime Burbed reader sonarrat, back with more Bay Area Real Estate Win!  And speaking of Realty Win, today’s winner is also Movoto because Redfin is on the blink and wouldn’t load this listing up.  (Or maybe they blocked us because they’re sick of our whining about those trackbacks.)

130227-blackberry-movoto15950 Blackberry Hill Rd
Los Gatos, CA 95030
$4,095,888

Loan Payment: $14,260/mo
Bedrooms: 5
Bathrooms: 4&1/2
Size: 5,700 sqft
$/Sqft: $718/sqft
Type: Single Family House
Year Built: 2010
Lot Size: 1
Days on Movoto: 44 days
MLS#: 81301292
Status: Active

CUSTOM GATED ESTATE. NEWER CONSTRUCTION. NEVER LIVED IN. MAIN HOUSE: 4,500 SF. 1,033 GUEST HSE. HIGH-END FINISHES. SMART HOUSE; DIGITAL EVERYTHING. VEGAS STYLE PEBBLE TEC POOL W/LED LIGHTS & H20FALLS! AMAZING UNOBSTRUCTED VIEWS: SF TO SJ FOOTHILLS. CHEF’S KITCHEN, VIKING APLS. HIGH CEILINGS. 3 CAR GARAGE. RESORT PROPERTY. *AMPLE* FLAT; MORE FLAT LAND THAN YOU THINK! 1.5 MILES TO DWNTWN. LG SCHOOLS

And here’s why sonarrat checks in with this property:

130227-blackberry-dhoLos Gatos – $4 million, Ghostbusters pool.  Built in 2010, never lived in. Is it any wonder?

Is the house also infested with ectoplasmic residue, or is all telekinetic activity confined to the pool?  Also for some reason Movoto doesn’t provide the lot size.  Per Zillow, it’s 87,120 sq ft, sufficient to snag an acreage tag.

BUNUS: Dude Hanging Out (DHO) in listing photo #20, admiring *AMPLE* FLAT; MORE FLAT LAND THAN YOU THINK!

Comments (8) -- Posted by: madhaus @ 5:04 am

February 15, 2013

The Return of the Los Altos Hills Mystery House

We love it when listings rise from the dead canceled and return betteh than EVEH.  Today we have a house that already made one appearance on Burbed, so another one makes it so much more full of Win!  Thanks very much to Burbed reader Dibber for unearthing this unabashed ultimate unavailable (yep, PENDING!) um…

130213-eastbrook-zillow11441 Eastbrook Ave
Los Altos, CA 94024
Pending: $2,499,000
Zestimate®: $2,507,171

Bedrooms: 6 beds
Bathrooms:6 baths
Single Family:9,300 sq ft
Lot:23,086 sq ft
Year Built:1992
Heating Type:Forced air

Description

HUGE CUSTOM CONTEMPORARY HOME W/2100SF ATTACHED GUEST HOUSE**PERFECT FOR LARGE EXTENDED FAMILY OR INVESTMENT RENTAL**EXPANSIVE LIST OF AMENITIES INLC LIMESTONE FLRS, CUSTOM FAUX PAINT, LRG MASTER SUITE W/ SITTING ROOM, GOURMET KITCHEN W/ GRANITE, WINE CELLAR/TASTING ROOM, 5-ZONE HVAC, 4FIREPLACES** TWO (2) CAR GARAGES INCL OVERSIZED HEIGHT FOR R/V/WORKSHOP**FRESH LANDSCAPING,ROOFTOP BALCONY!

130213-eastbrook-frontWe’ll leave it as an exercise to the reader to find out why Zillow led with the cabinet picture instead of the front of the house.  Now let’s check in with Dibber:

Or maybe it never left?  Winchester Mystery House, Los Altos Hills campus.   Check out the listing history.  Who says Silicon Valley is expensive.  I can get you into Los Altos Hills baby!  And only $269 per square foot.  I’m thinking listing mistake…Concord? 

 

130213-eastbrook-dungeonPerfect for the large extended family?  Honey, please show aunt Betty to the 2100 square foot guest house, but this time please keep her out of the wine cellar and off the roof deck.  And honey, the kids really shouldn’t be playing pick-up soccer on the 280.

Yes, ridicuously cheap.  Too bad Foothill College doesn’t have fraternities.  This place would would be perfect… traffic noise would drown out the party noise!

Wonder why this never got snapped up last time we featured it… And here it is all the way from 2010!  Remember this one?

130213-eastbrook-1009-reprise

Wow, has the unwitting seller finally dropped the price low enough price to find a buyer?  Or is this just a coincidence that prices are finally going up again?

130213-eastbrook-history

Comments (9) -- Posted by: madhaus @ 12:03 am

February 8, 2013

A very not-RBA listing in an almost-RBA town

Burbed just doesn’t give the East Bay enough love, so we’re always delighted when our readers send us something from Alameda or Contra Costa County.  Today’s featured listing is from one of the more rarified regions of CCC, but you’ll see that there’s nothing Real about this Bay Area bonanza.  Thanks very much to Burbed reader Kim in the East Bay for this Danville domicile!

130207-lagonda-redfin898 La Gonda Way
Danville, CA 94526
$619,500

3 Beds
1 Baths
1,112 Sq. Ft.
$557 / Sq. Ft.
Built: 1953
Lot Size: —
On Redfin: 67 days
Status: Active
Property Type: Single-Family Home
County: Contra Costa
Community: Danville/San Ramon |
MLS#: 403322

Single family home on large level lot with 3 bedrooms, 1 bathroom, living room with fireplace, dining area, large kitchen, huge yard, 2 car garage parking.

 

130207-lagonda-kitchenAre we lost? This looks like something not from Danville, but maybe Connecticut.  Bricks, autumn foliage, and what could pass for aluminum siding; all we need are some shooting ranges in those woods over the back fence.  And that spare prose is pure Yankee, other than the outburst about the huge yard.  So huge the lot size isn’t even provided (9583 sf, even that’s more East Coast than East Bay).

Maybe we’re not lost but this house is. The price has been reduced twice, and the agent couldn’t be bothered to clean up before taking the listing pix.  Even the dog carrier stays.

130207-lagonda-satellite

Did we mention location, location, location?

Comments (38) -- Posted by: madhaus @ 5:05 am

February 1, 2013

Close to Freeway and transportation in San Bruno

Let’s finish out our workweek (not that Real Bay Area denizens ever would take a day off) with a place on the way to almost anywhere you’d like to go this weekend.  That is, if you didn’t have a job and were free to go somewhere besides work.  You never know, you might get a Sunday off when you meet your next milestone! (Just kidding!)

130131-5th-redfin785 5TH Ave
San Bruno, CA 94066
$379,000

2 Beds
1 Baths
780 Sq. Ft.
$486 / Sq. Ft.
Built: 1930
Lot Size: 6,633 Sq. Ft.
On Redfin: 1 day
Status: Active
Property Type: Detached Single Family
Community: Belle Air
MLS#: 81302815
Stories: 1
County: San Mateo

Two Bedrooms One bathroom House on a large lot. Currently occupied by Month to month tenants. Need TLC. Close to Freeway and transportation.

Needs Toilet Lid Crushed?  Unfortunately no crapper shots, but we have some winners anyway.  Can’t quite decide if the kitchen merits a Good Housekeeping Tag of Approval or not.

130131-5th-front130131-5th-kitchen130131-5th-fridge130131-5th-hallway

And when this agent said close to freeway, she meant it.  Dang, this place is close to absolutely EVERYTHING.

130131-5th-close

You could even make extra money taking overflow parking during Thanksgiving!  No wonder the front yard is so durable.

Bunus: Save $10,000 from August, 2011 asking price!

Comments (6) -- Posted by: madhaus @ 5:03 am

January 5, 2013

What could be more awesome than a house in Mountain View?

The median Home Value in Mountain View, according to Zillow, is $877,900.  So what could you get for that amount, if you looked for a house in some other part of the country?  If you were willing to look in Maryland, you could get this nice painting of a house.  Plus HOA fees every month!

130104-what-maryland

LOT 10, STURBRIDGE
Brookville, MD 20833
$852,900

Ownership Type : Fee Simple
Bedrooms : 4
Type : Detached
Full Bathrooms : 3
Status : Active
Half Bathrooms : 1
List Date : 09/25/2011
Square feet : 4500
Days on Market : 468
Price per sq. ft : $189
Status Date : 09/25/2011
Approx Lot Size (Acres) : 1.0
Price : $852,900
Approx Lot Size (Sq.Ft.) : 43560
Location : BROOKEVILLE MD 20833
Year Built : 2012

HOA Fee : $500.00 Annually
Elementary School : BUSHY PARK
ADC map : 8J12
Middle School : GLENWOOD
130104-what-lotsAdvertised Subdivision : RIVERCREST IN HOWARD COUNTY
High School : GLENELG
DESCRIPTION
Short Sale : No

Remarks : ASK ABOUT OUR SPECIAL INCENTIVES! MASTER LISTING – “STURBRIDGE” LOT 10, OTHER LOTS AVAIL FROM $892,900. SCENIC, 1 ACRE WOODED HOMESITES OVERLOOKING CATTAIL CREEK! CUSTOMIZATION & STATE OF THE ART ENERGY EFFICIENCY INCL IN EVERY HOME! OTHER HOME DESIGNS AVAIL OR CUSTOM BUILD. MODEL OPEN DAILY 10AM-5PM @ 2836 MILLERS WAY DRIVE, ELLICOTT CITY, MD 21043.

Internet Remarks : ASK ABOUT OUR SPECIAL INCENTIVES! MASTER LISTING – “STURBRIDGE” LOT 10, OTHER LOTS AVAIL FROM $892,900. SCENIC, 1 ACRE WOODED HOMESITES OVERLOOKING CATTAIL CREEK! CUSTOMIZATION & STATE OF THE ART ENERGY EFFICIENCY INCL IN EVERY HOME! OTHER HOME DESIGNS AVAIL OR CUSTOM BUILD. MODEL OPEN DAILY 10AM-5PM @ 2836 MILLERS WAY DRIVE, ELLICOTT CITY, MD 21043.

Holy crap, that’s a lot of CAPITAL LETTERS for the same price you’d pay in Mountain View.  Plus you get a house that hasn’t even been built yet, so you have no idea of the build quality or the feng shui.  And just think of how much work it’s going to be mowing an entire acre or dusting 4500 sf of house.

For this much money in Mountain View, you’d be looking at a vintage one bedroom from 1948,on a 6969 sf foot lot (we’re just reporting the listing, we’re not making innuendos). It boasts a spacious 914 foot floor plan.  Plus the comparable Maryland place, while near such cosmopolitan confluences like Laytonsville,is 2831 miles from Google (we checked).  In current traffic that’s a whizzy 41 hour commute.  One way.

Also, no HOA fees for vintage homes in Mountain View.

Bunus: The home in Maryland was never featured on Burbed, either.  And homes in Maryland, whether or not they’re built, don’t go up $125K in just five months.  Or down $50K at the exact same time

Comments (2) -- Posted by: madhaus @ 5:07 am
 
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