1166 VIRGINIA AVE Redwood City, 94061
Current owner bought this place in 2005 -
Sale amount $750,000
Lender # 1 Washington Mutual FSB
Loan amount # 1 $562,500
Rate type # 1 Variable
Mortgage of $562k, but refinanced in 2006 to a fixed rate $700k loan. Wonder what they did with the $138k cash.
Event date 11/29/2006
Lender # 1 World Savings
Loan amount # 1 $700,000
Rate type # 1 Fixed
Now they are trying to sell for $879,500. The home is a 3/2 with 1600sf. Not sure if they'll get $879k.
A block away is another house that's for sale... and these guys look like they are in trouble. This second home isn't a comp for the first though, just another interesting piece of property.
1835 ROOSEVELT AVE, Redwood City, CA 94061
4/2.5 with 1670 sf.
Price Reduced: 01/16/08 -- $820,000 to $799,888
Price Reduced: 03/19/08 -- $799,888 to $699,888
On Market: 175 days
These guys paid $702k back in 2005. Zero down, 80/20 with the 80% as an ARM. Nice job. Description says the sellers need to sell, and you should bring them an offer. Can't wait to see what they get.
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