patrick.net

Nah,that bathroom looks ugly.

Yeah, it does look like it needs a little "polishing up" and the bathrooms are an eye sore.

thanks, but i think you've missed the point of this forum.

Yeah he should have posted it in Burbed. ;)

Sorry all... I thought I had put this somewhere under "Lafayette" on these forums. Didn't realize it would end up front-end-center.

Though big houses tumbling in value certainly fits...

gregpfielding says

it looks great.

This is a typical realtor thing. It does not look great at all.

Doesn't look like a good deal to me....

How old is this?

Hey Greg, you owe me one!

http://www.burbed.com/2011/09/09/too-many-features-to-list-like-400-monthly-hoa-fees/

Ugly and it looks like it was inhabited by persian people.

GoranK says

Ugly and it looks like it was inhabited by persian people.

Looks more like a Spanish style home to me. Kind of like the old California missions.

seaside says

How old is this?

Well, redfin says it was built in 1925.
http://www.redfin.com/CA/Lafayette/831-Tanglewood-Dr-94549/home/1970657

leoj707 says

GoranK says

Ugly and it looks like it was inhabited by persian people.

Looks more like a Spanish style home to me.

Bad taste knows no boundaries.

The fact that it is listed by Cirios Real Estate proves this is not a good deal. They have been pocketing good buys all to themselves and flipping it for a profit. As a matter of fact, for most properties, they do nothing to improve the properties. They just buy and relist it instantly and actually let people see the property this time around.

http://www.redfin.com/CA/Daly-City/21-Portola-Ave-94015/home/1065917
4/21/10 - Agent Ryan Taylor of Cirios Real Estate convinces bank to list property for $375k, way below value
- Add a private remark in the MLS listing to say that it's not available for viewing until 4/24/10.
4/23/10 - Goes pending and sold to a buyer represented by Andrew Jeffrey, of the same brokerage.
- Title appears under an LLC controlled by Ryan Taylor and Andrew Jeffrey.
8/6/10 - List property ~3 months later for $533k
9/15/10 - Sold for $533k

http://www.redfin.com/CA/Daly-City/165-Dennis-Dr-94015/home/916649
8/25/10 - Listed for $507k by Ryan Taylor of Cirios Real Estate
- Did not put lock box on
- Put private remark saying do not offer, because the bank is working with a buyer already.
9/15/10 - Get money from previous sale.
10/7/10 - Sold to a buyer represented by Andrew Jeffrey of Cirios Real Estate
- Title appears under an LLC controlled by the 2.
1/14/11 - ~3 months later, lists property for $665k
2/25/11 - Sold for $665k.

I wonder how these guys can get away with defrauding banks?

The 2nd transaction seemed a bit odd since at the time of resale, they hired another agent in another brokerage to list it. She may have had stake in the property as well.

If this property was worth anyone's while, the above 2 agents would have purchased it for themselves.

The resale of this property likely required an unsuspecting buyer, and a buyer agent representing the seller agent (not the buyer).

Greg, forget this old house. This is much more exciting:
http://www.redfin.com/CA/San-Martin/915-W-San-Martin-Ave-95046/home/28896377

REpro says

Greg, forget this old house. This is much more exciting:

http://www.redfin.com/CA/San-Martin/915-W-San-Martin-Ave-95046/home/28896377

Yes, but it's all about the location and lifestyle.

Location is great for SV businessman, as long as s/he can afford maintenance and property taxes (114k/year).LOL

Spanish style, is that the right term for this? My wife always liked those kinds of houses.

That's a pretty high HOA fee, like a highway robbery though.