Arn Cenedella

Archive for the 'Cool Listings' Category

Arn’s New listing in Half Moon Bay 122 Jib Ct $619,000

This 3 bedroom 2 bath home plus den is located on a large lot on a cul-de-sac.

Charming detached building with hardwood floors can be used as artist studio or exercise room.

Property will be open:

Saturday June 26 2PM to 4PM and Sunday June 27 130PM to 430PM.

 

 

 

We're sorry, but we couldn't find MLS # 81030659 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

 

Here are all Half Moon Bay listings from newest on market to longest.

Showing properties 1 - 10 of 134. See more Half Moon Bay Homes and Condos.
(all data current as of 9/2/2010)

1. $1,250,000 : 0 Lucy Ln, Half Moon Bay
   
   0 beds, 0 baths

   Size: n/a

   Lot size: 20.10 ac
   
2. $429,000 : 260 Troon Wy, Half Moon Bay
   
   2 beds, 2 full baths

   Size: 1,095 sq ft

   Lot size: n/a
   
3. $495,000 : 715 Grandview Bl, Half Moon Bay
   
   2 beds, 2 full baths

   Size: 1,240 sq ft

   Lot size: 5,000 sq ft
   
4. $485,000 : 351 Chesterfield Av, Half Moon Bay
   
   3 beds, 2 full baths

   Size: 1,280 sq ft

   Lot size: 5,000 sq ft
   
5. $362,000 : 412 Myrtle St, Half Moon Bay
   
   2 beds, 1 full bath

   Size: 1,090 sq ft

   Lot size: 7,353 sq ft
   
6. $250,000 : 4100 Cabrillo Hw #201, Half Moon Bay
   
   0 beds, 1 full bath

   Size: 400 sq ft

   Lot size: n/a
   
7. $65,000 : 0 Pacific Av, Half Moon Bay
   
   0 beds, 0 baths

   Size: n/a

   Lot size: 16,300 sq ft
   
8. $987,000 : 419 Burning Tree Ct, Half Moon Bay
   
   3 beds, 2 full baths

   Size: 2,150 sq ft

   Lot size: 5,000 sq ft
   
9. $990,000 : 212 Correas St, Half Moon Bay
   
   4 beds, 3 full baths

   Size: 3,156 sq ft

   Lot size: 7,500 sq ft
   
10. $519,000 : 2 Erin Ln, Half Moon Bay
    
    3 beds, 3 full baths

    Size: 1,700 sq ft

    Lot size: 1,242 sq ft
    

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Super new listing in White Oaks has 3 offers!

I toured a new listing in White Oaks a few blocks from my home yesterday at 1340 Orange Avenue.

While I was viewing the property, listing agent Sandy Rostad said she already had three offers.

This is a recently expanded and updated home featuring a wonderful “great” room that opens to an inviting peaceful rear yard.

We're sorry, but we couldn't find MLS # 81018075 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

Menlo Park Real Estate Tour March 23, 2010

Here are single family homes in Menlo Park on tour Tuesday March 23, 2010.

Some are new listings and some are older listings with price reductions.

Click on address to get more detail information.

35 Oak Hollow Way 4/3.5 $2,800,000

1105 Trinity Drive 3/2.5 $2,595,000

1015 Monte Rose Drive 3/2 $1,649,000

Read the rest of this entry »

Menlo Park REO foreclosure 1150 Hollyburne $287,500

Another excellent REO opportunity has come on the market in the Belle Haven area of Menlo Park.

1150 Hollyburne Menlo Park is a 2 bedroom 1 bath home listed by New Light Realty at $287,500.

Unlike many REOs, this home is actually in pretty good shape with an update kitchen and bath. Yards and fencing are in good shape. New laminate floors have been installed. Some fresh paint and maybe some new carpet in bedrooms and this home will be in move in condition.

Click here for more info

Here are a few videos of the property.

Call me if you would like to see this property and learn more about these opportunities.

Excellent new listing in White Oaks, San Carlos

I had the pleasure of touring a fantastic new listing in White Oaks about 2 blocks away from my home since 1986.

335 Pearl Avenue is listed by an old family friend, Jean Rigg of Menlo Realty.

This 3 bedroom 2 bath home is listed at $997,000 and contains 1690 sf of living space.

Hardwood floors, open beamed vauled ceilings, very ample room sizes – you should see the bathrooms!

Offers will be presented Friday Feb. 26 at Noon.

I would expect this property will recieve multiple offers like many other San Carlos homes priced under $1,000,000 have recently.

Here are a few pics:

The property is on a corner lot so it does not have a large rear yard.

Other than that, it is n excellent house with good bones and in good condition.

Let me know if you would like to take a look at this home.

To search for other San Carlos homes, click here.

Looking to take advantage of the CA $10,000 tax credit

The $10,000 CA tax credit applies to NEW construction (never lived in properties) purchased as a primary residence.

There are several new condo/townhomes projects right now in Palo Alto and Los Altos and a soon to be released project in San Carlos.

Marrian Bennett Half Moon Bay Coldwell Banker has provided a list of new homes in the San Mateo Coastside area.

Please let me know if you want information on new homes on the Peninsula or have questions about recent tax credits approved by the US and the State of California.

San Carlos real estate tour February 17, 2009

Here are the real estate tour properties for San Carlos, CA on Tuesday February 17, 2009

Condo/Townhouses

3330 Brittan Ave #1                     3/2                     1239sf                      $538,000

19 Buttercup Lane                        3/2.5                  1793sf                      $799,000

15 Violet Lane                                3/2.5                 2330sf                      $875,000

Single Family Homes

1160 Walnut St                            2/1                      1060sf                      $839,000

90 Cedar St.                                 3/2                      1490sf                      $839,000

1521 Cedar St.                             5/3.5                   2528sf                      $1,599,000

6 Madrona St.                              4/2.5                   2940sf                      $1,299,000

Menlo Park real estate tour February 17, 2009

Here are some Menlo Park CA homes on tour for the first time Tuesday February 17, 2009.

1074 Del Norte Ave       3/2       1600sf         $965,000

2055 Gordon Ave          3/2        1900sf         $1,456,000

844 15th Ave                  3/2        1520sf          $869,000

450 Blake St                    3/2        1460sf          $1,195,000

146 Sand Hill Cir             3/2        1600sf          $1,045,000               townhouse

1030 Siskiyou Dr            4/3         2770sf          $2,188,000

12 Zachary Ct                  4/3         3150sf          $2,349,000

west Menlo Park CA tour February 10, 2009

West Menlo Park is a very desirable neighborhood close to downtown Menlo Park and Stanford University. The area within the City limits is considered “prime west menlo”.  Most homes are older ranch style home on 1/4 acre parcels. Many of these older homes are now being replaced by very large 3500sf-4000sf homes. There is also an area in west Menlo Park along the Alameda which is actually county area – near the Dutch Goose and in the outstanding Las Lomitas School District. The Menlo Park City school district is also highly ranked.

Today I will to highlight some new listings priced slightly above $2,000,000.

The first 1300 Hobart is within the City of Menlo Park boundaries and is considered prime west Menlo. This gracious ranch style home sits on a well-landscaped 1/4 acre lot and contains 3 bedrooms 2.5 baths and 2240sf in total. This home has been recently updated and shows very well. Property is listed by Margot Lockwood Coldwell Banker at $2,195,000.

The next two properties in the same price range are in the Couny area off the Alameda.

 2190 Sterling is a 3 year old house of 2,685 sf containing 5 bedrooms and 4.5 baths on a 6000sf lot. This two story home has a gourmet kitchen with center island and cathedral ceilings in many rooms. This property is listed by Kristin Cashin of Cashin Properties at $2,195,000.

The final property is located at 1316 Orange Ave., Menlo Park. This 1 year old home contains 2700sf and 5 bedrooms and 4.5 baths on a 6300sf lot. The elegant chef’s kitchen has 2 ovens and under counter Vinotemp wine storage. Property is listed at $2,199,000 by Carol Bartlett of Cashin Properties. Carol used to work for my father years ago at Cenedella and Co.

 So which do you prefer? All three houses are priced in a similar range.

Hobart has the classic west Menlo location and 1/4 acre but the other homes are larger and newer.

Just a matter of taste – please let me know what your preference is – I will keep track!

Buyers always contact me and say they want to buy a foreclosure.

I get several inquiries or phone calls a week from buyers wanting to buy a foreclosure.

I ask: Why? They say: To get a good deal.

They want a list of foreclosure homes before the lender forecloses on the home – Realty Trac sells this information.

In my opinion, this is the wrong strategy for buyers who want to get a deal!

First of all, buying property on the court house steps at a foreclosure auction is NOT for the non-professional John Q Public who rightfully wants to get started investing in real estate. Investing in real estate is a good thing for the long-term.

Consider the following:

The best buys in the market are REOs – real estate owned by banks and other lenders – who have foreclosed and take title to the property. Several of my clients have recently purchased REOs for about 50% of their previous sale price. Most if not all REOs are listed on mls. Have your agent search specifically for REOs – that is where you will find the best deals.

Let me explain my thinking….

Consider you have an owner that owes $400,000 on his house and for whatever reason he can not make his payments – so the lender starts foreclosure proceedings by filing a notice of default – this process in CA takes 3 months and 21 days minimum.

If the property is worth $500,000, this owner can put his property on the market – sell tomorrow for $450,000 and walk away with $50,000. Why would this owner walk away from $50,000 cash – the answer is: he would not!

If the house is now worth only $350,000, he can not sell the property without lender approval of a short payoff.

Say the property does go to the foreclosure sale, the bank’s minimum bid would be their loan amount or $400,000 plus back payments, unpaid taxes, penalties etc.

If the property was worth only $350,000; why would anyone bid $400,000 at foreclosure auction? Again the answer is – he would not.

Bottom line the only properties that go to foreclosure HAVE LITTLE OR NO EQUITY. If there was equity, owner could sell cheap and get at least some cash out.

So the smarter strategy is to let bank foreclose – take title and put on market as an REO.

Based on my experience in listing and selling REOs, the bank would probably put this property on the market at $250,000 – get 6 offers and sell for $310,000.

Trust me after 31 years in the business, the best buys are NOT foreclosures – it is a myth – the best buys are REOs.

Hope this helps. Let me know if I can be of any help in finding you a DEAL