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!

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