by pkowen follow (0)
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This is a zip code I am pretty familiar with, having lived there about 2 years. Specifically, I rented one similar to this:
http://www.redfin.com/CA/San-Jose/972-Nattinger-Way-95125/home/1698438
This is a smaller unit but they are all close in size. Had a 3 bdrm and the bdrms were so small I couldn't fit my furniture in them - bdrm 2 was consumed by a dresser and bdrm 3 by a desk/computer. Unless they were child's rooms I don't see how you could use them. Not a bad area though, edge of Cambrian/Willow Glen.
In 2005-2007 these were selling for $629,000+. I saw a 3 bdrm listed at $729,000. No brainer for me NOT to buy then. I couldn't believe it. Now $450,000 and not selling. I'd be curious if it ever sells, and I'd bet it won't at $450,000. In 1999 it went for $262,500.
... and near the townhouses are these which I call 'patio homes', i.e. fairly large but with tiny, tiny lots. Plenty of these in San Jose. I remember being astonished these were selling in the $800s+, some in the $900s. Now NOT selling in the $600s.
http://www.redfin.com/CA/San-Jose/951-Sunbonnet-Loop-95125/home/1347682
'Willow Glen area'? It ain't Willow Glen, but ok, it's the 'area'.
Now $450,000 and not selling. I’d be curious if it ever sells, and I’d bet it won’t at $450,000. In 1999 it went for $262,500.
How can we get notified when it sells, if ever? Or get a notification that it didn't sell by a certain date? Is there some service for that, or should I try to start it myself?
Redin shows recent sales but not sure how quickly they get them. I noticed a place near me that sold about a month ago, and now it shows up in redfin recent sales. Sales records get recorded at the Counties, but often aren't accessible for a while. Then there's title companies. I think PropertyShark (and possibly Redfin) scrapes the title companies for sales info. That might be the fastest way to see recent sales. 'Not selling', I don't know - sometimes I save links from Redfin and go back to them, the property is found and shows up as no longer listed or sold (sometimes).
So, the info is out there but maybe not focused and convenient. Perhaps your entreprenurial spirit has found a new business here.
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