August 16, 2012

Poultry in Motion in Mountain View

120815-leghorn-warnerNo, there are no chickens to see at this Mountain View marvel, but the street name lives up to the title billing above.  It sure puts us in mind of one of our favorite Warner Brothers characters.  I say, I say, I say, son, that is QUITE a price.  Thanks very much to Burbed reader mabel du for taking on this turkey.

2012 LEGHORN St
Mountain View, CA 94043
$749,000

120815-leghorn-redfin

120815-leghorn-yard-chairs2 Beds 
1 Baths 
914 Sq. Ft.
$819 / Sq. Ft.
Built: 1948 
Lot Size: 6,800 Sq. Ft. 
On Redfin: 9 days
Property Type: Detached Single Family
Stories: 2
Community: Rengstorff
MLS#: 81229400
Style: Cabin
View: Neighborhood
County: Santa Clara

Currently used a residential rental. Great opportunity to build prime location office space or light industrial, storage/warehouse, or wholesale business. Take advantage of this unique opportunity in the heart of Mountain View!

120815-leghorn-dhoWhy the possibilities for this property are truly endless.  Let’s hear from mabel du as to why:

uh…  i’m sorta speechless on this one.  what a crazy shite-load of weird pictures.  and who’s the mystery woman who pops up randomly, waldo’s mom? 

$819/sq ft for this?  really???  interesting satellite shot from zillow  (i.e.  yikes!)  nothing too helpful on propertyshark.  looks like it’s been held in the family for years – would love to know what they paid for it back in the dark ages.

120815-leghorn-satellite-zillow

We assure you the pictures inside are just as Special as the yard views.

120815-leghorn-bathroom120815-leghorn-office

But why check Property Shark?  Both Redfin and Zillow clearly state this amazing place last sold in the dark ages of 2007 for $600,000.  And worth every bit of that chicken feed.

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






August 10, 2012

BRAND NEW CONSTRUCTION “Estate Quality” home somewhere in San Jose

And we’re done with another exciting week of properties, finishing off in the “Capital of Silicon Valley”!  Today’s featured home was sent in by Burbed reader Tracy Tea House.  Sit back and relax as we bring you yet another San Jose Special, after we let Zillow and Redfin duke it out over what neighborhood it’s in.  Is it in West San Jose?  Is it in the Campbell area?  You decide!

456 Ardis Ave
San Jose, CA 95117
Sold for $1,285,000 on 7/27/2012
Sold for $437,000 on 2/3/2012

120809-ardis-zillow

120809-ardis-kitchenBeds: 4
Baths: 4.5
Sqft: 3,700
Lot: 9,300 sq ft / 0.21 acres
Type: Single Family
Year built: 2012
Last sold: Jul 2012 for $1,285,000

Public Facts:
Beds: 3
Baths: 1
Sqft: 1,032
Lot: 9.300 sq ft / 0.21 acres
Type: Single Family
Year built: 1951

BRAND NEW CONSTRUCTION, this “Estate Quality” home features a wonderful open floorplan and so many designer features that include a “Chef’s Kitchen w/all stainless appl incl. refrigerator, wine chiller, wet bar, walk-in pantry and more! Fully landscaped! 10′-11′ coffered ceilings, crown/baseboards, 1,200+/- sft attic w/engineered flooring and so much more! A must see! Open Sa/Su 1-4!

120809-ardis-cabinetsHere’s why Tracy sent us this house:

Look quick cause this one shows the pictures from pre-flip. They bought the house in Feb. I think tore it down, built a new house  in six months and are trying to sell it for double the purchase.

Guess we didn’t have to look that quick, because Tracy sent this in 3 weeks ago, the day after it was listed.  The house went pending 2 days later.  It must have been a cash deal, because the sale was recorded just one week after that.

120809-ardis-carpetNow we could be party-poopers and show you the fancy pictures on Redfin, or we could be Burbed and revel in the cognitive dissonance between the listing copy above and these lovely photos still available on Zillow from the February listing.  We are talking “Estate Quality” in every room.

Also fortunately for us, Redfin saved the pre-flip listing so we can share that description with you too!

New listing! Large 9,300 +/- SF lot. Perfect starter home or for investment! Attached 1-car garage with washer/dryer hookups. Close to Santana Row, Westfield Shopping Center, and entertainment. Close to highways 280 and 880.

Yeah.  Definitely close to 280.

120809-ardis-satellite

Bunus: Even closer to Winchester Ranch Mobile Home Park.

Comments (8) -- Posted by: madhaus @ 5:10 am

August 6, 2012

Our Peacock laid an Egg. On his face.

Here’s the denouement of a Burbed perennial, and best of all, it’s even in Mountain View!  Thanks very much to Burbed reader mabel du for giving this turkey one more roast with this fine guest post.

And speaking of birds, soon we’re going to have to talk Mountain View and Chik-Fil-A, but we did enough politics yesterday next door in Los Altos.  So please give mabel du a real, warm, RBA welcome as today’s Guest Blogger!


1755 PEACOCK Ave
Mountain View, CA 94043
Sold for $475,000 on 4/13/2012

120806-peacock-redfin

BEDS:  –
BATHS:  –
SQ. FT.:  –
LOT SIZE:  6,200 Sq. Ft.
PROPERTY TYPE: Residential Land (Single Family)
VIEW: Neighborhood
COMMUNITY:  North Shoreline
COUNTY:  Santa Clara
MLS#:  81138265
SOURCE:  MLSListings
STATUS: Sold

Sale price includes building plans for 4 bedroom 3 bath home

Do you prefer a bath or a shower?

This flipper-to-be sure took a bath in his bubblicious real estate gamble.  A fun bubble bath?    Not so much.

Plans to feather his nest ran afowl when he ate more than $200k to unload this rotten egg, and that ain’t chicken scratch.   Buyers didn’t flock in as hoped, so after hovering for years on a wing and a prayer he finally ended the drag and landed a buyer.

Purchased for in 2007 for $674K, dropped more cash to remove the previous crapshack, finally sold for $475 in 2012.  I don’t think that’s how RE investments are supposed to work, certainly not in the RBA.

To wax nostalgic on this oldie but goodie, let’s revisit previous Burbed entries for this 4H fowl failure:

Sept 8, 2011: This Peacock is looking a little less proud

120806-peacock-reprise-110908

 Click to see the other entries:  (more…)

Comments (3) -- Posted by: madhaus @ 5:05 am

July 10, 2012

ENJOY IT ON THE LARGE DECK

Here’s another San Jose Special from one of our frequent correspondents, Burbed reader Tracy Tea House!  Thanks very much for this Berryessa beauty, which has been snapped up by some lucky buyer. 

11260 CANYON Dr
San Jose, CA 95127
Listed for $699,000; Sold for $640,000 on 6/16/2012

120708-canyon-redfin

120708-canyon-wood-panelsBEDS:  3
BATHS:  3
SQ. FT.:  2,952
$/SQ. FT.:  $217
LOT SIZE:  0.48 Acres
PROPERTY TYPE: Detached Single Family
STYLE: Ranch
STORIES: 1
VIEW: Neighborhood
YEAR BUILT:  1964
COMMUNITY:  Berryessa
COUNTY:  Santa Clara
MLS#:  81213632
SOURCE:  MLSListings
STATUS: Sold

WOW!WHAT A GREAT VALUE * GORGEOUS SWEEPING VIEW OF THE GOLF COURSE AND CITY LIGHT * ENJOY IT ON THE LARGE DECK * PRIVATE POOL AREA * IN DOOR SAUNA ROOM * HUGE BED ROOMS * HUGE LIBRIRY AND OFFICE * SUPER PRIVATE AND SERENE LOCATION * SURROUNDED BY MULTI MILLION DOLLAR HOMES * 3 MUNITES DRIVING TO 680

Here’s what Tracy had to say when submitting this property to our attention:

120708-canyon-saunaSomething is probably truly wrong with this house! But what? We fell in love with the massive decks, tiki torches, groovy pool, amazingly large rooms, with indoor sauna and all over swag. The tee is directly out the back door and people are literally hitting golf balls feet from the deck. I think my dogs would have gone crazy!

Now the down sides. Shorty short sale, the price is very, very low, considering, and there are water problems. Some obvious, but I suppose, some hidden much deeper, with the big hill 120708-canyon-stainedglassabove. The house was pending shortly after we looked at it, and fell out, so its back on the market. A true treasure? Or a California size boondoggle?

All this, and only 3 MUNITES DRIVING TO SAN JOSE.  Are MUNITES more or less time than MINTUES?  We know, the unit of time used on the WORLD RENOWN SAN FRANCISCO PENINSULA are MINTUES.  But if you know the way to San Jose, you can conquer both time and space.

Don’t believe us?  Look at all 25 pictures of this listing and figure out what’s missing.  Go ahead, we’ll wait.

Did you figure it out?  Here’s a hint, courtesy of teh Google.

120708-canyon-streetview

Yes, 25 pictures (several of the same exact tree), and not one of what the house itself looks like.  No wonder you have to ENJOY IT ON THE DECK instead.  At least you would be SURROUNDED BY MULTI MILLION DOLLAR HOMES.

120708-canyon-zillow

Um.  Thank you, Zillow.  Opportunities to play with the Red Arrows are always appreciated.

Too bad the realtard didn’t find a dictionary in the HUGE LIBRIRY.

Comments (21) -- Posted by: madhaus @ 5:02 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

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 17, 2012

Who says nothing ever happens in Novato?

Bet you’ll never think about the northern Marin city of Novato in the same way after you read this.  Thanks very much to Burbed reader nomadic for this noteworthy news item from the North Bay!

Picasso lithograph stolen from Novato mansion recovered

KTVU.com and Wires, Monday June 11th, 2012

120616-obertz-satelliteNOVATO, Calif. — A Pablo Picasso lithograph worth $30,000 that was stolen from a Novato mansion owned by former Ukrainian Prime Minister Pavlo Lazarenko was recovered Sunday morning, a Novato police sergeant said.

The framed lithograph, titled "Femme au Chignon," was found around 8:20 a.m. propped against a fence along a curb on Burning Tree Drive by neighbors who were driving to a hiking trail, Sgt. Jennifer Welch said.

"It was placed there to be found," Welch said.

The lithograph is believed to have been taken from the furnished but unoccupied residence at 100 Obertz Lane that is owned by Lazarenko, who was serving time in a federal prison in Los Angeles for conspiracy and money laundering.

What a great story!  Stolen art, a foreigner with suitcases full of cash, and he’s in jail for not doing a better job hiding the suitcases.  Out of control teenfest!  But most important: Show-off mansion!

120616-obertz-redfin

120616-obertz-satellite[4]Holy crap, this HOUSE has almost a half acre of living space!  The tag “ginormous” we use for homes over five thousand square feet simply doesn’t do this one justice.  And while Redfin thinks you want the lot size in square feet, Zillow has the sense to translate it into acres: 11.21 of them.

ZEstimate: $5,052,500.  Rent ZEstimate: $7,045 a month.  That’s a little more house than you can get for that amount in Palo Alto.

Just how many suitcases did the former prime minister have with him?  It better have been worth the nine years in prison.

Comments (9) -- Posted by: madhaus @ 5:15 am

May 31, 2012

Fantastic 2 year old townhome end unit in a prime location

And just wait until you hear where this prime location, location, location is!  Thanks very much to Burbed reader dollarbin for this terrific townhouse!  And of course, it went pending in one week!

1901 Newbury Dr (Unable to map)
Mountain View, CA 94043
$659,000

120529-newbury-redfin

BEDS: 3
BATHS: 3.5
SQ. FT.: 1,879
$/SQ. FT.: $351
HOA DUES: $197/month
LOT SIZE: –
PROPERTY TYPE: Townhouse
STORIES: 1-3 (Low Rise)
YEAR BUILT: 2010
COMMUNITY: Rengstorff
COUNTY: Santa Clara
MLS#: 81218499
SOURCE: MLSListings
STATUS: Pending Without Release
ON REDFIN: 13 days

Fantastic 2 year old townhome end unit in a prime location. Formal tile entry, 1st floor jr. bdrm suite, hardwood floors, large & open kitchen w/ granite counter, gas stove, stainless appliances & island, inviting living rm w/ office nook, generous size bedrms, grand master suite w/ high ceiling & walk-in closet. Custom shutters thru-out, skylight, central AC, 2 car garage & great natural lighting.

Here’s why dollarbin sent in the townhouse:

120529-newbury-gymThis one came on the market last week, I’m pretty sure it’s in Gable’s End: the address is Newbury but the entrance is on Colony St.

Are the photos re-used from a previous listing? It’s supposed to be an end unit, but the exterior shot seems to centered on the middle units. No idea what the interior actually looks like. Seems like a pretty half-assed listing, no mention of Google? No mention of Facebook? I’m going to need some more ALL CAPS HYPERBOLE before I warm up my overbids.

From looking at the original Gables End ads, this photo sure looks like one of their offerings. And there’s some interesting history on this property as well.  Zillow says it sold in November, 2010 for… $208,500!  That’s quite a price, given that they were advertised as starting in the low $600s.

120529-newbury-zillow-map

Zillow also gives this place of ZEstimate of $735,800, which means instant equity galore for the lucky buyer!  Or some serious overbidding.  That is, if anyone could find the place, since Redfin couldn’t.

But it’s in a prime location.  Or did they mean a super location?

Comments (74) -- Posted by: madhaus @ 5:09 am

April 27, 2012

It’s a floor wax! It’s a dessert topping! It’s Mountain View!

Burbed began its life as a housing price and mortgage insanity site back in 2006.  And if home prices keep going up, up, up like they are now in some Very Special Places, we could be back to our glory days soon, when every article had over 100 comments no matter how meh the listing was.

Not only are listing prices up Where It’s Special.  So are lease costs.  Have a look at this well-situated rental, courtesy of Burbed reader Adennris.

229 Polaris Ave
Mountain View, CA 94043
For Rent: $1,195,000/mo

120424-polaris-zillow

Beds: —
Baths: —
Sqft: —
Lot: 15,246 sq ft / 0.35 acres
Type: Single Family
Year built: 1973
Parking: —
Availability: now
Lease term: ContactForDetails
Cooling: —
Heating: —
Fireplace: —
On Zillow: 21 days
MLS #: 81211034
Other facts

This may be a bigger entry error than simply putting in a sales price in the monthly rental field.  Here’s this same property on a realty site (photo right) and here’s the listing copy.  It’s a little different than what Zillow had.

120424-polaris-alanhuweGreat income opportunity for the right buyer. 1031 exchange is possible. 2 buildings on one lot. Many possible uses in the ML disdrict of Mountain View. Near the worlds greatest companies and close to many of Mountain View’s wonderful services and delights. Easy commuting access to El Camino, Central Expressway, 85, and 101.

Last updated on  4/25/2012

More Details for 229 POLARIS AVE

Property Class:Commercial Industrial
Listing Status:Active
City:Mountain View
Area:203 North Shoreline
County:SANTA CLARA COUNTY
State:CA
Lot Size:15164.00 SF
Stories:2
Year Built:1973
MLS#:81211034
List Date:3/24/2012

So it’s not a single-family home, then?  But the upside is you definitely can bring your arc welder.

Trulia calls it an income/investment.  But Zillow wasn’t the only one to assume this place was a residence.  Check it out!

120424-polaris-sfbrealty

This is a 380 square foot, single family home, which can rent for only $608 a month.  No beds or baths, but it has assigned schools, and more importantly, places doing business.

Redfin never heard of this location or either MLS listing number above.  That’s because this site is a 6019 sf office building for sale.  And this description might explain all the confusion.

Check this out!!
Real close to downtown Mountain View.
16 unit office building in ML district of Mountain View.
2 buildings on one lot.
Recent Zoning changes have allowed for additional uses.
ML zoning.
Buyer to check with City of Mountain View for precise zoning uses allowed for this location.

Near down town Mountain View.
Blocks from El Camino.
Easy access to highway 101, Central Expressway and highway 85.

If you read all these conflicting real estate offers for the same location, you will also notice that it’s been described as being in three different neighborhoods.  That’s because Mountain View is so cutting edge, it transcends space, time, and money.  No wonder it’s so hot, hot, hot!

Comments (15) -- Posted by: madhaus @ 5:04 am

April 25, 2012

Living not quite so large in Los Gatos

Let’s have another look at Los Gatos, as it’s one of those Real Bay Area cities.  You can tell it is when you see a property listed for twice as much as it sold for in the bubblicious days of 2005.  Thanks very much to Burbed reader nomadic for this peerless property.

138 SMITH RANCH Ct
Los Gatos, CA 95032
$888,000

120424-smithranch-redfin

BEDS: 3
BATHS: 2.5120424-red-arrow-hoa
SQ. FT.: 1,582
$/SQ. FT.: $561
HOA DUES: $85/month 
LOT SIZE: 3,484 Sq. Ft.
PROPERTY TYPE: Detached Single Family
STORIES: 2
YEAR BUILT: 2005
COMMUNITY: Los Gatos/Monte Sereno
COUNTY: Santa Clara
MLS#: 81211027
SOURCE: MLSListings
STATUS: Active
ON REDFIN: 31 days

Beautiful 7 yr new home walking distance to Courtside, Netflix, LG trails, restaurants and shopping within Los Gatos school district. Regular sale, shows like a model, with high ceilings, recessed lights, granite kitchen & stainless appliances, hardwood floors in the family room/kitchen areas. Large, bright master with over sized tub and walk in closet. Private back yard and large 2 car garage.

120424-smithranch-insideNote the HOA fees prominently listed next to key features such as size of the house, size of the lot, and how many beds and baths.  When did Redfin start doing that?

Now here’s what nomadic had to say about the house.

Purchased two weeks ago at foreclosure (auction?) for $730k and now listed for a lucky $888k to cash in on $158k of instant 120424-smithranch-backyardequity!  It’s on a postage stamp lot that backs up to the 85 off ramp at Winchester.  The most recent sales on the street were in June 2010 for $460/sf, but those were about 1/3 larger – maybe the price isn’t as ridiculous as it seems…

Let’s see if Zillow agrees with “ridiculous.”

120424-smithranch-zillow

Um…whoa.  Those ZEstimates are all OVER the place.  And the “bunus” is the railroad tracks (shown as the dashed line) that run behind the homes across the street, the cherry on top of the awesome sauce that is Winchester plus the freeway ramp.

What do you think this home should sell for?  What do you think this home should sell now that you know it has “corporate ownership” plus “agent has financial interest”?  Usually corporate ownership means you’re looking at an REO, but in this case the place is owned by “Petwun LLC,” and the agent is the “manager” of said entity.

Comments (11) -- Posted by: madhaus @ 5:01 am