Must be in Loma Prieta School District
Wanted: 4BR SFH in Los Gatos, CA 95033 for $400,000
By anonymous Fri, 16 Sep 2011, 8:49pm 904 views 3 comments
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46 male
Menlo Park, CA
The user enters the zip code. I derive the city from the zip code.
See http://patrick.net/bid.php
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It's no mistake, we are looking in the Santa Cruz Mountains.
There have been a few REOs in this school district that have sold for less than $400,000 in the past couple of months, but they were either too small or needed way too much work. We're happy to hold off purchasing until typical asking prices decline here by another 25%, which this blog and others have convinced me will happen by 2013, and approach $400,000.
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Yes, I saw the listing (and drove past but didn't visit the house). The lot size is miniscule and that's a big minus for us.
Anyway the timing was wrong for us last spring. I don't mind a fixer-upper but not a complete dump.
I did visit this place: http://www.redfin.com/CA/Los-Gatos/25080-Soquel-San-Jose-Rd-95033/home/2405881
which sold recently for $380,000. It was too small for us and on a busy road, which was a turn-off since we have four young kids and they need a safe place to play. It also has an unpermitted, separate house on the same parcel that would take considerable cash to finish and make legal.