Today’s fine featured flop is brought to you by the letter F. And it’s also brought by Burbed reader dollarbin, who sent this in the split second it hit all the MLS redistribution websites. Let’s see what happened when this Pearl of Great Price hit the market. And you have to agree, for Palo Alto, this is a great price. In fact, this price is so low for Palo Alto there has to be a flaw.
240 Whiteclem Drive
Palo Alto, CA 94306
Bathrooms: 1 full, 1 partial
Property type: Single-Family Home
Size: 1,413 sqft
Lot: Ask agent
Year built: 1951
Provided by: Coldwell Banker-The Real Estate People
2 days on Trulia
This home has the potential for a larger home and the area is located in a qui
et neighbor. Great shopping close by and public transportation available. What a Gem. Lowest price in Palo Alto
Here’s what dollarbin said when sending in this home just two days ago:
Less than $500/sq ft in Palo Alto? No pics? Low property taxes? Everything about this listing screams Hoarder House. The house doesn’t look unusually run down on street view, it almost makes me curious to swing by if they ever have an open house. I don’t know for sure, but I would bet that this lot is subject to a single-story
overlay, which might limit its value as a teardown. I’ll keep my eye on it, and report in if I learn anything more.
Both sites say this house is no longer for sale, and there’s no property history whatsoever on either of the sites. The home was definitely listed for sale two days ago on Redfin. Unfortunately, Trulia doesn’t show property history or we’d have the listing date, but this place was only on Trulia for two days.
But it’s not a complete loss for a listing that’s about to be yanked, and maybe brought back at a much better (read: higher) price, if it hasn’t already sold for a couple of suitcases of cash.
Look what we found when we did an extreme close-up of the carport in Streetview. DHO! DHO!
Now here’s something else that should make you smile even more.
Located in a quiet neighbor, and possibly overassessed at $86K. No wonder it’s gone. This listing must have collapsed the space-time-money-potential continuum.