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891 MONICA Ln Campbell, CA 95008


By dougr703   Follow   Wed, 11 Apr 2012, 3:30am PDT   3,250 views   9 comments
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I went to this open house last Saturday and boy was it packed. At least 20 people were in the house at one time. Overall the house showed really well and was in excellent condition. All the rooms were upgraded however were very small. The standalone structure in the back of the house is a storage house, not dry walled out. After close inspection, you can see some minor surface cracks in the crown modeling. With a little touch up I think it will be fine. The house sits on a street with very well maintained homes however it sits behind a school and 2 blocks full of ugly apartments. I did a quick search on crimereports.com and found out the neighbor 3 doors down had been recently robbed and the house across the street as well. Do a search yourself if you don't believe me. This was a serious concern. I wouldn't be surprised if this home went above asking price because its definitely a unique house, well built and designed, but the surrounding areas are questionable.

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karbonator   Thu, 12 Apr 2012, 3:53pm PDT   Share   Quote   Permalink   Like   Dislike     Comment 1

Looks good, but realize the schools there are not great. You need to go further south toward Los Gatos/Cambrian for that (or Saratoga/Cupertino if you can afford it). But if you don't care about that it'll save you about $100K in this price range :)

thomas.wong1986   Thu, 12 Apr 2012, 5:39pm PDT   Share   Quote   Permalink   Like   Dislike     Comment 2

dougr703 says

Do a search yourself if you don't believe me. This was a serious concern.

Serious.. since Indians seem to buy ALOT in gold as BOTH jewelry accessories and investments, it makes sense they would be prime targets in Cupertino... and that is extactly what happened a few years ago.

OK! your DVD, TV, Laptop got pinched.. get another...your not much of at target compared to them getting $30K...50K or more in gold jewelry.

What if you have ALL of your gold jewelry disappear due a burglary which also represents most of your investment and savings... and if you have that much, forced armed entry while your at home is really possible.

http://spotcrime.com/ca/cupertino

http://mytown.mercurynews.com/archives/sunnyvalesun/10.14.98/Burglaries.html

The Sun
Sunnyvale's Newspaper
Rash of burglaries plague southern neighborhoods
By Justin Berton and Steve Enders

Sunnyvale police have rejuvenated their search for a team of burglars they believe is responsible for ransacking at least 30 homes in the southern part of the city after learning the group struck again in neighboring Cupertino last week.

"It's the same group doing it; they just moved cities," Sunnyvale Det. Mark Sole said.

Police believe the group is responsible for approximately 60 home burglaries in Cupertino, Sunnyvale, Saratoga, Santa Clara and San Jose.

"It's a rash that's kind of bugging me," said Sgt. Mike Flood of the Santa Clara County Sheriff's Department.

Flood said that two weeks ago a Cupertino home on Terrace Drive was pillaged for $50,000 in fine jewelry

Raindrops   Thu, 12 Apr 2012, 11:48pm PDT   Share   Quote   Permalink   Like   Dislike     Comment 3

I saw the house, too.
The house is good for the asking price.

Patrick   Fri, 13 Apr 2012, 1:11am PDT   Share   Quote   Permalink   Like   Dislike     Comment 4

@Raindrops: can you give us any more details about the house?

dougr703   Wed, 2 May 2012, 8:48am PDT   Share   Quote   Permalink   Like   Dislike     Comment 5

This house must have sold for all cash to be done in 2 weeks. From redfin, this house sold for 50k over asking price of 769k to 825k. The buyers really loved this house.
http://www.redfin.com/CA/Campbell/891-Monica-Ln-95008/home/609841

CrazyMan   Thu, 3 May 2012, 3:19am PDT   Share   Quote   Permalink   Like   Dislike     Comment 6

$500 a sq/ft

in Campbell

Chumps

New Renter   Mon, 7 May 2012, 1:47pm PDT   Share   Quote   Permalink   Like   Dislike     Comment 7

CrazyMan says

$500 a sq/ft

in Campbell

Chumps

Word!

investor90   Mon, 7 May 2012, 2:02pm PDT   Share   Quote   Permalink   Like   Dislike     Comment 8

Kewl---I was also at an Open House on Saturday. This was a 1300 sq ft two bed one bath for residence number one and a one bed one bath - new for residence number two - on 4 acres of horse property. Both houses on a raised foundation. 200 AMP electric/ 220 VAC It has its own water well and piped in natural gas- no propane---1/4 mile from hwy 99. Guess the asking price? $139,000 in US Dollars. MLS 12028267

And they say that house prices never go down? This baby was three times that 5 years ago. Oh yeah " BUYER must have proof of funds for the down payment of $ 500".. It's a Homepath property so investors must wait one more week if its not sold. Oh yeah---Here comes 1996 prices...and lets go LOWER! But First, the one percent ers have to allow American jobs for American citizens.

investor90   Mon, 7 May 2012, 2:09pm PDT   Share   Quote   Permalink   Like   Dislike     Comment 9

Lets see about 2200 sq feet for $139,000. Do you charge extra for the 4 acres and mineral rights or is that free? I guess its about $ 63/ sq foot thats a little less than the $500/ sq ft. About 12.5% of it...1/8th. AND THIS WAS A FORECLOSURE---the seller probably ran out of their last extension of unemployment. A minimum wage job for one earner could qualify for this one. The PMI might be a hassle, but the guv-ment interest is about 3% even for those who walked away two years ago and are starting over to lose again in THIS BUBBLE.

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