With all of the attention on Novemberâ€™s Presidential election, financial institutions folding over like the house of cards they were made of, and the bitter $7 Billion dollar bail-out pill that no one should have to swallow, itâ€™s amazing any real estate transactions were done at all.
Hereâ€™s how the week went in Belmont:
We now have 55 homes listed for saleâ€”up from 49 last week.
Nine new listings hit the market in Belmont while 12 members of Congress played politics with the bailout. Three homes went pending as two more banks merged into one. And finally threeâ€”only threeâ€”homes closed escrow (at the end of the month nonetheless) and as more banks failed.
Just to put the paltry number of sales for the month of September in Belmont in perspective, in September of 2001, after the United States was attacked by terrorists we still had twelve salesâ€”three more than this September.
2 Arroyo View Circle 3 Bed 2.5 Bath 1,270 Sq. Ft. TOWNHOME LISTED for $799,000. These town homes are 11 years old and are rather nice. OPEN SUNDAY 10/5 1:00-4:00 Listed By Nadr Essabhoy, Alain Pinel Realtors
1935 Hillman 4 Bed 2.5 Bath 2,580 Sq. Ft. home for $1,150,000. We saw this home last time it sold back in 2003 when it closed for $840,000. The outside faÃ§ade is a little dated and thereâ€™s little yard as it is also a cliff clinger. Listed By Ken Ichiki, Alain Pinel Realtors
813 Miramar Terrace 3 Bed 2.5 bath 1,860 Sq. Ft. home for $1,745,000. What a cool pad! Check this one out this weekend Sunday 10/5 from 1:00-4:30. This home makes you feel like youâ€™re a movie star complete with pool guest houseâ€”Cabana boy optional. Listed By Julie Geyer, Carlmont Associates
2430 Coronet Blvd. 3 Bed 1.5 Bath 1,460 Sq. Ft. home for $778,888. Too new to review but at that price this might not be around very long. Put this home on your short list for Belmont. OPEN SUNDAY 2:00-4:00. Listed By Lorelei Keim, Coldwell Banker Sure to be our Belmontâ€™s Best Deal of the week!
809 North Road 3 Bed 1.5 Bath 1,160 Sq. Ft. home LISTED for $629,900. This is a bank sale. It was on the market last year for $900,000. The seller bought it for $670,000 back in 2005. Now you know how far some of the prices have dropped. Decent home in a decent area. Listed By Jan Majeski, Alain Pinel Realtors
1121 Furlong 3 Bed 1 Bath 1,190 Sq. Ft. home LISTED for $654,000. Located in Homeview, this home is a fixer upper. OPEN SUNDAY 10/5 1:00-4:00
By Mark Dunn, Out of Area Office
2812 Wakefield 4 Bed 3 Bath 2.490 Sq. Ft. home LISTED for $1,388,831. Donâ€™t you just love the exact pricing model employed by some agents? Seriously, this home has killer views, is pretty clean and updated inside. The yard is a bungee jump below but heck itâ€™s hard to get everything you want for less than 2 million dollars. Listed By Donna Marie Baldwin, Coldwell Banker-Burlingame
533 Seagate 3 Bed 2 Bath 1,650 Sq. FT home LISTED for $609,000. I have absolutely NO information on this home because 1) there is no tour scheduled for agents, 2) there is no lock box to get in 3) there are no open houses scheduled and 4) there are no pictures. Sorry, but itâ€™s NOT my listing. Listed By Frank Yim, Aquarius Realty
915 Academy 3 Bed 2 Bath 1,100 Sq. Ft. home LISTED for $799,000. OPEN SUNDAY 10/5 1:30-4:30 TOO NEW TO REVIEW.
1224 North Road 2 Bed 1 Bath 980 Sq. Ft. home for $599,000. Re-listed with a new agent, this home has great S.F. Bay views but no yard. Nicely updated inside but we disliked the shared driveway. Listed By Trula B. Floyd, Help-U-Sell Floyd Realty
2207 Cipriani Blvd. 5 Bed 3 Bath 2,410 Sq. Ft home for $1,255,000. This home was listed last November for $1,255,000 and lowered to $1,199,000 where it sat for five months and did not sell. Now itâ€™s back up at $1,255,000â€”hmm Listed By Adele Della-santina, Cashin Company
2406 Coronet Blvd. 4 Bed 3.5 Bath 3,390 Sq. Ft. home for $1,495,000. Well, it will be 3,390 Sq Ft when it gets completed. So far just the framing is up. When itâ€™s done, it will be a cliff clinger with little rear yard unless they terrace something out of the hillside. Sorry No Open House.
SALES (Closed Escrow)
Notice all three homes sold over their asking price.
â†‘1514 Pine Knoll Drive 2 Bed 1 Bath 1,200 Sq. Ft. home LISTED for $799,000 SOLD for $815,000â€”DOM 18
â†‘3410 Hillcrest 3 Bed 2 Bath 1,640 Sq. Ft. home LISTED for $849,000 SOLD for $908,000â€”8 DOM. This was our Belmontâ€™s Best Deal in the week it premiered.
â†‘1941 Hillman 2 Bed 2 Bath 1,120 Sq. Ft. home LISTED for $778,000 SOLD for $803,000â€”2 DOM
If your property is currently listed for sale this is not intended as a solicitation of your listing. Disclaimer: This information is for entertainment purposes only and includes no legal, accounting or real estate advice nor is this intended to be specific to your situation-always consult a specialist who is familiar with the details of your situation.