The San Carlos Week In Review — 8/24/08

August 30, 2008

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In this week's podcast, you'll hear:

  1. Hot weather, cold real estate market.
  2. 231 Windsor Drive — a great value on paper?
  3. Labor Day Weekend — a couple of quick projects.

Click on the player right below for the podcast

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Here are the homes that sold this week, and the new listings that hit the market in San Carlos.   Click on the addresses for more information and additional photos…

Home Sales

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  • 3110 Brittan Ave:     (Pictured Above)  Sale Price: $1,145,000. Original List Price: $1,245,000. Difference: $100,000 (8.0%) below original list.   DOM: 59 Days.    MLS# 80815545, listed by Jami Arami of Cashin Company.
  • 2527 1/2 Graceland Ave:    Sale Price: $1,200,000. Original List Price: $1,325,000. Difference: $125,000 (9.4%) below original list.   DOM: 32 Days.    MLS# 80818629, listed by David Young of Coldwell Banker.
  • 1356 Rosewood Ave:        Sale Price: $880,000. Original List Price: $899,000. Difference: $19,000 (2.1%) below original list.   DOM: 12 Days.    MLS# 80819710, listed by Justine Ford of RE/MAX Today.
  • 1537 Howard Ave:    Sale Price: $829,000. Original List Price: $829,000. No difference from original list.   DOM: 7 Days.    MLS# 80822186, listed by John Shroyer of RE/MAX Today.
  • 1525 Greenwood Ave:    Sale Price: $775,000. Original List Price: $759,000. Difference: $16,000 (2.1%) above original list.   DOM: 8 Days.    MLS# 80824367, listed by Eddie Azzopardi of Realty World — Homesellers.

New Listings

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  • 65 Maple Way:       (Pictured Above)   $1,225,000 — 3BR/2.5BA, 2,040 sq ft on a 5,060 square foot lot.   MLS# 80830712, listed by Claire Earley of Coldwell Banker.
  • 215 Shelford Ave:     $998,888 — 4BR/2BA, 1,560 sq ft on a 6,624 square foot lot.   MLS# 80830473, listed by George Chopoff of RE/MAX Star Properties.
  • 231 Windsor Dr:    $799,950 — 3BR/2BA, 1,700 sq ft on a 5,000 square foot lot.   MLS# 80830756, listed by Ellen Scardigli of Cashin Company.
  • 1053 Cherry St:     $679,000 — 2BR/2BA, 1,160 sq ft on a 5,000 square foot lot.   MLS# 80830801, listed by Bryan Jacobs of J.V. & Associates.
  • 220 Winding Way:    $598,000 — 1BR/1BA, 760 sq ft on a 5,096 square foot lot.   MLS# 80829772, listed by Rosa Holm of RE/MAX Today.

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2 Comments

  1. Anonymous on September 30, 2008 at 3:21 am

    Hi Chuck,
    Wondering, have you got to see 231 Windsor Drive after all? Was it not a great deal?
    It is still on a market with reduced price now, at the end of Sept. I’m just a first-time buyer studying San Mateo area now, and this one certainly seem to have a great price-per-footage offer.
    Thanks,
    Sherry



  2. chuck on September 30, 2008 at 11:14 pm

    Hi Sherry,

    Thanks for your question. 231 Windsor certainly has potential. It’s in a very nice neighborhood, and the price/sq foot ratio was already pretty good to start off with, and now that the price has dropped to $739,500 I think it’s pretty close to where it will eventually sell for. It has a really nice deck over the garage, and the layout of the home is good although it could use some updating in places. You also get the benefit of being in the San Carlos School District, and there are many nice homes around this one in Devonshire Canyon, so most any upgrade you do this home would be a good investment.

    There are some additional observations I have on this house that I’d be happy to share with you, although it would be more appropriate to do so via email or phone than in a public forum like the blog. (The local Realtor board does not like us discussing property-specific proprietary info, such as property conditions etc…) Feel free to email/call me if you’d like to discuss this further.

    Thanks again for your comments,

    Chuck



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