San Carlos

A couple interesting listings in San Carlos...


982 HOLLY St San Carlos, CA 94070
Price: $569,000
Beds: 2
Baths: 2
Sq. Ft.: 1,180

This place sold for $587k in 2004. Buyers put down 5%, finances 80% with an ARM which is probably killing them. Another interesting one to follow.



1027 SPRINGFIELD Dr San Carlos, CA 94070
Price: $583,000
Beds: 2
Baths: 1
Sq. Ft.: 820

Listed for over 200 days. Asking price started at $780k. Last sold for $735k in 2005. This one is a huge short sale as it was bought using 100% financing, 80% of which is an ARM. People just thought these things would go up forever.



1024 INVERNESS Dr San Carlos, CA 94070
Price: $599,000
Beds: 2
Baths: 1
Sq. Ft.: 820

Bought for 690k in 2005. Used 100% financing, 80% was an ARM.