12590 Miraloma Way, Los Altos Hills, CA 94024 Hide Map Show Map
By Patrick on Thu, Nov 5th, 2009 at 3:11 pm | 380 views | rss | email this | add commentGoogle this address
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5 comments on “12590 Miraloma Way, Los Altos Hills, CA 94024”
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Joined: April 3rd, 2005
Posts: 365
Comments: 824
Wants 3/2 for $500K in 94025
Conversation copied from http://patrick.net/property/honesty.php?p=18352
javco
Joined: August 27th, 2009
Posts: 0
Comments: 26
Nuke
November 4th, 2009 at 8:03 pm | top | quote | email this | impolite | show map
Patrick, Boy, we taxpayers took it in the seat on this one -eh?
“The buyer pool with those resources isn’t really that big these days.” BTW: I disagree with you. There are plenty of wealthy people around that would snap it up if it were a great piece of property. It’s been on the redfin for 79+ days. Must NOT be that bitchin. Something I suspectis real wrong. There are tract 4/3 .25 acre tract houses in my old neighborhood selling for that and more 94024 - Los Altos. Some I know of do not even get listed and they are sold for full asking - seriously.
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OptimizedPrime
Joined: June 9th, 2009
Posts: 1
Comments: 2
Nuke
November 4th, 2009 at 10:04 pm | top | quote | email this | impolite | show map
Here’s another one:
http://www.redfin.com/CA/Los-Altos/12590-Miraloma-Way-94024/home/1662816
2007 price: $6.3m
2009 price: $3.0m
pkowen
Joined: August 26th, 2007
Posts: 10
Comments: 111
Nuke
November 5th, 2009 at 9:23 am | top | quote | email this | impolite | show map
It is owned by JP MORGAN CHASE BANK. Net assessed tax assessor’s value is $2,800,000. Sold at a trustee’s sale $3,583,755.68 in 2008, that may be what was owed.
Joined: April 3rd, 2005
Posts: 365
Comments: 824
Wants 3/2 for $500K in 94025
BTW, the satellite photo shows that is a ridiculously large house and pool.
Joined: September 19th, 2009
Posts: 0
Comments: 208
Patrick says
Perhaps this too is a ridiculously large house build in 1998… sold for $600,000 now listed at $3M.
Listed and delisted for the past 9 years.
http://www.redfin.com/CA/Los-Altos/919-Stagi-Ct-94024/home/777621
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Joined: September 19th, 2009
Posts: 0
Comments: 208
In this case.. the land was sold back in 1997 for a dinky $173K..why so low?
http://www.redfin.com/CA/Los-Altos/12125-Oak-Park-Ct-94022/home/1265265
Joined: June 9th, 2009
Posts: 1
Comments: 3
Clearly they bought the land back in 1998 for 600k… Then built the monster you see here and sold it for $6m… Back in 1997 land could be had in Los Altos Hills for that, apparently…