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rate this lovely house on a 12,000 sq ft lot
Poast new message in this thread
Date: February 20th, 2018 3:09 PM Author: Charismatic bbw love of her life https://www.redfin.com/CA/Palo-Alto/460-Washington-Ave-94301/home/1396627 (http://www.autoadmit.com/thread.php?thread_id=3898617&forum_id=2#35446162) |
Date: February 20th, 2018 3:22 PM Author: angry box office I like that look v. what they look like when they've been redone. Whoever buys that is going to gut the kitchen and baths and redo them with modern garbage.
Spending almost $8m for that is absolutely insane and feels like a bubble. The $2-3m houses in Sunnyvale, Mountain View and South Palo Alto that Non sequitur poasts are one thing, because it's much easier to comprehend two people making $200k or one person making $400k buying them. $8m is getting into 0.5% territory even for SV. That used to be Hillsborough- and Atherton-only pricing. |
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Date: February 20th, 2018 3:28 PM Author: Electric idiotic theatre preventive strike i feel like we say this every 5 years (insane, pricing is crazy, etc etc) (http://www.autoadmit.com/thread.php?thread_id=3898617&forum_id=2#35446307) |
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Date: February 20th, 2018 3:32 PM Author: angry box office I know...but $8m for that place that someone is going to dump at least $400k on the roof, kitchen, and bathrooms, and all of the deferred maintenance things we don't know about. Will probably seem like a bargain in 5 years, though.
But jfc: $1.6m in cash down. I guess you can get there through equity in your starter house if you timed things right. A way to make even biglaw partners live hand to mouth. |
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Date: February 20th, 2018 4:20 PM Author: Charismatic bbw love of her life (((Hehe))) even applies to partners who thought they maed it (http://www.autoadmit.com/thread.php?thread_id=3898617&forum_id=2#35446628) |
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Date: February 20th, 2018 3:34 PM Author: up-to-no-good field we do, but he's right that $8M is a high number. you're playing in a different tier at that price point. (http://www.autoadmit.com/thread.php?thread_id=3898617&forum_id=2#35446341) |
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Date: February 20th, 2018 3:24 PM Author: Haunting prole parlour in the future, everyone will spend 100% of their income on housing (http://www.autoadmit.com/thread.php?thread_id=3898617&forum_id=2#35446269) |
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Date: February 20th, 2018 3:27 PM Author: Sable shaky corner lol
only $2862 / Sq. Ft.!! |
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Date: February 20th, 2018 3:28 PM Author: Electric idiotic theatre preventive strike (http://www.autoadmit.com/thread.php?thread_id=3898617&forum_id=2#35446306) |
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Date: February 20th, 2018 3:42 PM Author: glittery dead ticket booth ladyboy Are there any others besides all cash Chinese buying houses in this price range? (http://www.autoadmit.com/thread.php?thread_id=3898617&forum_id=2#35446385) |
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Date: February 20th, 2018 4:03 PM Author: angry box office When I was biglaw the BSD partners were buying $4-5m houses (though they seemed to want to be in Los Altos Hills or Palo Alto on the other side of 280 v. Old Palo Alto) and this was a few years ago, so hehe inflation and you get to this point. If you're making 7-figures and have a bunch of equity from a starter house, it's not unthinkable, it's just crazy to get what would be an $800k house in most other places. (http://www.autoadmit.com/thread.php?thread_id=3898617&forum_id=2#35446533) |
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Date: February 20th, 2018 4:10 PM Author: balding spot dragon more like 200k (http://www.autoadmit.com/thread.php?thread_id=3898617&forum_id=2#35446571) |
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Date: February 20th, 2018 4:39 PM Author: Snowy Violent Round Eye Center (http://www.autoadmit.com/thread.php?thread_id=3898617&forum_id=2#35446754) |
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Date: February 20th, 2018 4:05 PM Author: Coral Bonkers Goyim Unbelievable (http://www.autoadmit.com/thread.php?thread_id=3898617&forum_id=2#35446547) |
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Date: February 20th, 2018 4:09 PM Author: balding spot dragon feels like land value pricing for a developer that’s gonna build a mcmansion and try to sell it for $10m for a $1m profit. (http://www.autoadmit.com/thread.php?thread_id=3898617&forum_id=2#35446566) |
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Date: February 20th, 2018 4:27 PM Author: bat shit crazy gaming laptop location Huge lot. Build a 8000 square foot monstrosity and sell it for $12m. Profit. (http://www.autoadmit.com/thread.php?thread_id=3898617&forum_id=2#35446660) |
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Date: February 20th, 2018 4:36 PM Author: Carnelian senate hominid https://ssl.cdn-redfin.com/photo/8/mbpaddedwide/638/genMid.ML81691638_28_4.jpg
You don't even get a new washer and dryer. |
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Date: February 20th, 2018 4:36 PM Author: Snowy Violent Round Eye Center Purchased in 1972 for $70,000
Current owner's property taxes on it: $3300/year
Your property taxes on it: $90,000/year
LJL |
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Date: February 20th, 2018 4:37 PM Author: Electric idiotic theatre preventive strike gas | all | boomers (http://www.autoadmit.com/thread.php?thread_id=3898617&forum_id=2#35446741) |
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Date: February 20th, 2018 4:39 PM Author: ruby forum (http://www.autoadmit.com/thread.php?thread_id=3898617&forum_id=2#35446759) |
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Date: February 20th, 2018 4:39 PM Author: onyx bisexual police squad hissy fit (http://www.autoadmit.com/thread.php?thread_id=3898617&forum_id=2#35446758) |
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Date: February 20th, 2018 4:48 PM Author: Carnelian senate hominid Appreciation of 10% per year for 48 years. (http://www.autoadmit.com/thread.php?thread_id=3898617&forum_id=2#35446806) |
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Date: February 20th, 2018 4:49 PM Author: Carnelian senate hominid *claws a path to the top of the economic heap*
*lives like a cop and a teacher in Iowa* |
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Date: February 20th, 2018 4:57 PM Author: Spectacular Locale Marketing Idea What the fuck is wrong with people in SV?
Why is that lot so desirable? Seems like comps are in the 3-4M range.
What would the commute be to a decent job? |
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Date: February 20th, 2018 5:06 PM Author: angry box office It's in a walkable neighborhood in the nicest town in the area depending upon what you want.
It's an easy 1 mile walk from Wilson Sonsini. |