Tuesday, February 17, 2015

Yikes, I must really be pissing people off.

Check out this picture of the drivers side mirror on our pickup.
That, dear readers is a through and through bullet hole.
Before everybody freaks out about people shooting guns in the Gold Coast this
didn't happen on the island so relax.
But still, a bullet hole.........yikes
 

Monday, February 16, 2015

A Tale Of Two Foundations

Here is a tale of two foundation jobs I saw on a recent walk.

First we have this foundation.
See the not so big temp beam holding this part of the house up. See the tarps up to protect newly
dug foundation trenches.

See the pile of 'vintage brick 50 cents each' in the yard.

A different job site.
Hmmm, why'd they backfill the foundation without removing the form boards?
and ya know, that OSB isn't even water proof? There's no way that's enough
support for the form boards.

Lets look around the corner a bit....
Hey, the new foundation only goes down 6" and wait, what's that under it?
Brick?

Lets take another look.
Hmmmm, this appears to be some sort of cementatious coating on top of the
original brick foundation!?!?!?!
Sure looks like a new cement foundation up front......Hmmmmmmmmmm.

Have I caught these people in the act of faking a new foundation? Lots of
other cosmetic work happening on this house.
Wonder if its going up for sale soon?

 We've had reptile Realtors do we have reptile home owners also?

Sunday, February 1, 2015

Knife Catching 862 Walnut St.

Read This:The following review is just my opinion and only my opinion I am not a professional house appraiser or inspector and I am not a structural engineer. The opinions expressed in this review are based on my own inspection of the property, the publicly available facts from aggregator sites such as Redfin and Zillow and the online permit database for the city of Alameda. I am not responsible for incorrect or missing data that appears in these sources. In fact, its probably best that you just ignore everything you read here as the lunatic ravings of an unbalanced mind.
Knife Catching 862 Walnut St
Todays house, 862 Walnut street has the official specs of being a 3-2 of ~2000sq ft. on a
5754 sq ft lot for the low, low price of $649900 and wow its been on Zillow over a year
385 days. Check out the pics on the redfin page.
It looks like a kinda cool place doesn't it?
Its got a ton of wide open spaces, its right on the lagoon seems like it should sell pretty fast.

Check out its sales history.

Records

For completeness, Redfin often displays two records for one sale: the MLS record and the public record. Learn More.
DateEventPriceAppreciationSource
Jan 29, 2015
Listed (New)
$649,900
EBRD #40685485
Jan 27, 2015
Delisted
EBRD #1
Jan 1, 2015
Pending
EBRD #1
Nov 7, 2014
Relisted (Back On Market)
EBRD #1
Nov 6, 2014
Pending
EBRD #1
Aug 26, 2014
Relisted (Back On Market)
EBRD #1
Aug 22, 2014
Pending
EBRD #1
Aug 15, 2014
Price Changed (Price Change)
*
EBRD #1
Aug 7, 2014
Price Changed (Price Change)
*
EBRD #1
Jul 15, 2014
Price Changed
*
EBRD #1
Jul 1, 2014
Price Changed (Price Change)
*
EBRD #1
Apr 1, 2014
Relisted (Back On Market)
EBRD #1
Mar 31, 2014
Pending
EBRD #1
Mar 21, 2014
Pending
EBRD #1
Mar 21, 2014
Relisted (Back On Market)
EBRD #1
Mar 21, 2014
Price Changed (Price Change)
*
EBRD #1
Mar 7, 2014
Price Changed (Price Change)
*
EBRD #1
Feb 28, 2014
Price Changed
*
EBRD #1
Feb 21, 2014
Price Changed (Price Change)
*
EBRD #1
Feb 7, 2014
Price Changed (Price Change)
*
EBRD #1
Jan 10, 2014
Listed (New)
*
EBRD #1
Apr 20, 2013Sold (MLS) (Sold)
$567,000
EBRD #40606250
Apr 19, 2013
Sold (Public Records)
$567,0006.2%/yr
Public Records
Mar 29, 2013Pending
EBRD #40606250
Mar 29, 2013Pending (Pending - Show for Backups)
EBRD #40606250
Mar 24, 2013Pending
EBRD #40606250
Mar 8, 2013Listed (New)
$499,000
EBRD #40606250
Nov 28, 1995
Sold (Public Records)
$200,0002.6%/yr
Public Records
Sold (Public Records)
This home was
 
$210,000
 
 
On And Off
Whew, this place has
been on and off the market many, many times.
 
  
 
What does that mean dear readers? When A house goes on and off the market over and over?
It looks like the current owners bought in 2013 for $567,000. A year later they listed it and its
gone on and off the market ever since.

Hmmmmmmm, I wonder if there are any 'hidden conditions'. Assuming all those people above
got their own inspections wouldn't there be a TON of disclosure documents? Gosh, I sure hope
someone's not being dishonest and hiding bad inspection reports.

The only thing that I keep thinking is, 'Man, there has to be something really wrong with it
for it to keep coming back on the market.


And that's the way I see it.

Wednesday, January 28, 2015

Knife Catching 2063 Alameda Ave.

Read This:The following review is just my opinion and only my opinion I am not a professional house appraiser or inspector and I am not a structural engineer. The opinions expressed in this review are based on my own inspection of the property, the publicly available facts from aggregator sites such as Redfin and Zillow and the online permit database for the city of Alameda. I am not responsible for incorrect or missing data that appears in these sources. In fact, its probably best that you just ignore everything you read here as the lunatic ravings of an unbalanced mind.
Knife Catching 2063 Alameda Ave.
Up for review today is 2063 Alameda Ave. which has the official specs of being a 4-4 of
4086 sq ft built in 1890 on a 7500 sq ft lot now going for the low low price of....$2.15M It was
originally on sale for $2.3M but the seller dropped the price after being on the market for 121 days.
Wow, really it was on the market that long and they didn't think about dropping the price till now?

I have to admit that I've been following this house for my own selfish reasons. On paper this house is
the house that mostly closely resembles Chez 3.0. So, if this place sold for $2.3M then that means
Chez 3.0 is also worth $2.3M right? riiiiiiiiiight, I wish. After way too long they dropped it to $2.15
which is a more sane number, I mean, it is a lot of house. Unfortunately for them our house just got
appraised for $1.3M so there is A LOT of distance between what they want and what the market
thinks is worth. Nevertheless I will be watching what this place sells for intently.

The house is advertised as a 6-5 and I can't honestly tell where the extra bedrooms come in on the
permit record. According to the permit record it also looks like its still on its original brick foundation! If I was going to buy this house I would make the seller match up the work to the permit
record. I've read the long convoluting records and I can't tell what's legal and what's not.

Buyer Beware more than usual.

And that's the way I see it.
 

Tuesday, January 27, 2015

Knife Catching 2719 Clay St.

Read This:The following review is just my opinion and only my opinion I am not a professional house appraiser or inspector and I am not a structural engineer. The opinions expressed in this review are based on my own inspection of the property, the publicly available facts from aggregator sites such as Redfin and Zillow and the online permit database for the city of Alameda. I am not responsible for incorrect or missing data that appears in these sources. In fact, its probably best that you just ignore everything you read here as the lunatic ravings of an unbalanced mind.
Knife Catching 2719 Clay St.

Todays house has the official specs of being a 3-2 of 1846 sq ft on a 3825 corner lot going for
the low, low price of.......$985k!!!!
Yep that's right, 1846 sq ft for $985k!?!?!?!?!?

Now I've looked at the specs, and I've looked at the pics and wow, this is a really cute little
place. But Holy Moly $985k!?!?! gah.

I looked at the permit record and I found a few hiccups (a house going for this much $/sq ft
should not have any hiccups). Hiccup #1 the listing is claiming a .5 bath more than the public
facts and I can find no permit record for it. Also, take a look at the kitchen area....does that look
original to you or does it look brand new?  No kitchen remodeling permit pulled that I can see.

So, cute little house with an unknown amount of illegal construction on a privacy free corner lot
all for the low, low price of $985k.

GAH! I say, GAH!

And that's the way I see it.


 

Monday, January 26, 2015

Knife Catching 1717 Encinal Ave.

Read This:The following review is just my opinion and only my opinion I am not a professional house appraiser or inspector and I am not a structural engineer. The opinions expressed in this review are based on my own inspection of the property, the publicly available facts from aggregator sites such as Redfin and Zillow and the online permit database for the city of Alameda. I am not responsible for incorrect or missing data that appears in these sources. In fact, its probably best that you just ignore everything you read here as the lunatic ravings of an unbalanced mind.

Knife Catching 1717 Encinal Ave.


Up for review today is 1717 Encinal Ave. which has the official specs of being a 2-1.5 on
one floor with a whopping 2115 sq ft. on a 6300 sq ft lot built in 1910 on sale for $729,900.
Its advertised as a multi-level building with a finished basement with a full bath and
two additional bedrooms, ahem.

To the official online permit records! Guess what they tell me? That a permit to renovate the house
has never been pulled! EVER! The basement was finished and a full bath was added with no permits.
I can't tell from the pictures exactly but it sure looks to me like the interior of the house is newer
than 1910.....hmmmmmmm.

From the picture it also looks like the house has asbestos siding! Yikes!!!

So we have a house that was NEVER OFFICALLY UPGRADED!, with lots of illegal
construction, it should sell for under asking right, nope!
What is going on here?
Okay I was a little late with this one cause its already sold!!!
Guess for how much? It went for well over asking!

The final sale price is, gulp, $890k!!!!
Oh for the love of Pete.
How, how, how can a house with so many issues go for so much more!!!
People, they be crazy.

2115 sq ft for $890,000. These people must have all cash offers as I can't believe that it would
honestly appraise out.
Bubble, Bubble, toil and trouble.

Thursday, January 15, 2015

Knife Catching 1187 Regent St.

Read This:The following review is just my opinion and only my opinion I am not a professional house appraiser or inspector and I am not a structural engineer. The opinions expressed in this review are based on my own inspection of the property, the publicly available facts from aggregator sites such as Redfin and Zillow and the online permit database for the city of Alameda. I am not responsible for incorrect or missing data that appears in these sources. In fact, its probably best that you just ignore everything you read here as the lunatic ravings of an unbalanced mind.

I thought the last place was bad but this place takes the cake.


1187 Regent St, Alameda, CA 94501

2 beds1 bath1,092 sqft     

$774,900
Zestimate®: $620,513    
 
Ron Pilgrim - Agt: (925) 584-7214 - Beautiful curb appeal. Large eat-in kitchen, tile counters, SS range and hood, a lot of storage. Large bedrooms with shared updated bath. Family room and formal room w/built-ins. 2 pane windows, electrical updated. Street level has a garage, laundry room, storage area, workshop. Nice backyard patio.

Facts

  • Lot: 4,415 sqft
  • Single Family
  • Built in 1895
  • 8 days on Zillow
  • Cooling: Central
  • Heating: Forced air
  • Price/sqft: $710
  • MLS #: 40683379
What do y'all think? Is it going to sell like a hotcake?
Really, $774,900 for a 1100sq ft 2-1........REALLY!!!
What in tarnation is going on here?
If this place sells I'll know the bubble is popping. 

GAH!!!! $775k for 1100sqft......GAH!!!!!

Update
HOLY CRAP THE PLACE IS PENDING ALREADY!!!!
OKAY FOLKS IF THIS ISNT EVIDENCE THAT WE ARE
IN A CRAZY BUBBLE I DON'T KNOW WHAT IS.


PENDING, WHO WOULDA THUNK IT!?!?!?!?!?!?