Wednesday, February 16, 2011

So, You Think You May Be Interested In Buying The Chez?

Okay, so you might be interested in buying the Chez? You've found your way to this blog..take a minute to read this post to acquaint yourself with the super fabulous Chez Neumansky 2.0

The Chez is a 1896 Victorian Triplex 4-3 of 2858 sq ft. on a 3500sq ft lot for $485k. Many Original Details intact. The house is legally a tri-plex but its not set up that way. You, as the new owner could set it up as a tri-plex, a duplex or a single family home with an in-law apartment for the grandparents.
Nice custom laid antique brick driveway and path and carriage style automatic garage door visible in this shot.



Walk up the stairs and come in the front door which appears original with original glass and the original working stained glass transom window and you have this entryway.
Yes its a little rough, ready for some new owner to put their stamp on the place.



Turn left from the entry and you have what was originally the formal parlour.
The giant fish and tank are not part of the deal.



Next to the formal parlour is this room that would of been the formal dinning room. That's the original mantle there, still in pretty good shape.
This room has a nice three window bay to the left here.



View down the hallway from the other end.



Here's the 'kitchen' from the doorway. Its a really good sized room for a eat in kitchen. A blank slate waiting for the next owner to finish it.
Those windows are large and get great morning light.



Kitchen from the other angle.



There is a good sized bedroom off the kitchen. Again, a blank slate. This room still has the original picture rail.



Bedroom from the other angle. A good sized double decker closet was added at some time.



Off the bedroom and kitchen is this room that we just called the sun porch. It became the nursery when baby MadScientist was born.



Off the kitchen-sunroom is this decent sized deck.



If you go up the stairs to the top floor you have this large space that would make an excellent master bedroom. On the back what was once a covered porch was converted into a bathroom at some time and would make a good sized master bath.
Original claw-foot tub on the left there...that goes with the place.



Master Bedroom from the bathroom looking back the other way.
This entire top floor is gutted and cleaned out and ready to become the master bedroom retreat of your dreams!
Going through that doorway and down the little hall you have.



The second bedroom on the top floor. This is also a good sized room with a decent sized closet for a Victorian.



Second Bedroom from the other angle.
On the floor to the right of this picture you see all the original trim from this level that was carefully pried off for reusal. We were planning to have it stripped and then we were going to re-install it.



Now, heading all the way down stairs and out to the bottom level you have this big room. Again this area is gutted and cleaned and ready to be finished.
This pic shows the great room area for the bottom floor apartment.
This also shows the super fab radiant heating system on the wall to the left. It heats this floor and the next floor up and is designed to heat the top floor also-but no heat is installed up there yet.
Through the doorway you have this.



Hallway leading to the rest of the bottom unit and the back door. The doorway on the left is,



The bedroom.



Bedroom from the other angle.
Good sized room with built in storage shelves.


On the other side of the hallway is this bathroom. Most of the supplies to finish the bathroom are included in the sale. Here you see the super cool wall hung toilet, the vanity with a fancy mirror and the shower system. Also included is most of the fixtures. The rough DWV and elec have been signed off for the bath.


Here is the laundry area- extra room for the bottom unit. Behind those fancy stain grade doug fir doors (which come with the sale) is rough DWV and a gas line for the laundry.



Through the doorway at the end of the hallway is this fabulous stamped concrete outdoor entertaining area with built in fire pit.
Crazy Burning Man fire art does not come with the house but is negotiable...ever want an 8' tall metal tulip that can shoot 30' fireballs??




That's the pictorial tour of the place. As you can see its not exactly in move-in condition. The majority of the dirty, hard expensive work has been done for you now its just waiting for the right adventurous people to take over and make the house 'their' dream home.

With The 203k Program You Don't Do ANY Work!
Remember that with the 203k loan program you, as the new owner don't do any work, the loan covers the cost to buy the house and to finish fixing it up by a pro contractor. To be clear if someone agrees to buy the house for $485k thats not going to be the loan amount you have to qualify for. For discussions sake lets say that it will cost $115k (a number that I think is well within reality for a not fancy-schmancy level of finish)to have the house finished by a professional then your loan amount would be for $600k and you'd need to qualify and come up with the down payment for that amount.

If you REALLY want to know about the house go back to here and read forward. This blog is a pictorial chronicle of just about everything right or wrong with the house and all the work we did on it. This Blog is the worlds most in-depth disclosure statement.

The foundation redo starts here. You'll get the full saga of redoing the foundation, slab and the sunken living room.

The radiant heat install starts here.


If interested please contact our Realtor. You can email him here MarioMarianiRealtor@hotmail.com

Monday, February 14, 2011

Moving Is SOooooooo Much Fun!!!

So Febuary 14th was moving day...I set it on V-day cause well.... I frigen hate that day and what better way to spend it than moving?

Man, moving sucks...the movers showed up over an hour late and we were moving until after 9pm! Why do they always try to blame you for that kind of stuff? Well...you told us you only had this much stuff....How the hell am I supposed to know how many boxes I'm going to have before they are even packed!?!?!

Trying to learn our lesson from when we moved into this place...I took 3 full truck loads of 'stuff' to the new place even before the movers showed up!





This is the kind of scary stuff you see when you don't clean behind your washer and dryer that double as kitchen counters....ick...





The purple couch ready to go...





Of course is was raining...man that sucked...it actually rained pretty hard that day...





The lone little pumpkin left in that window...how sad...





Skip hours and hours of moving as the movers slowed waaaaaaaay down...

The new place has lady bugs!!! Lots and lots and lots of lady bugs. It kinda freaked baby madscientist out a bit...





Trying to figure out how to fit 20 lbs of poop in a 10 lb sack....
On a side note, this kitchen is really, poorly laid out.. with lots of wasted dead space in the cabinets....
Crappiest thing, no way we can fit our fancy 36" wide Wolf stove in here...not without a MAJOR remodel which is not going to happen unless we hit the lotto or something...





Trying to unpack the bathroom. Which was made much harder by the utter lack of storage space!





Baby MadScientist whipping her daddy into shape.




I seriously friggen hate moving...we did all we could to make this move go easier and it still took two days of 'professional' movers to get most of our stuff over to the new house....most, not all....

All I'm saying is that I really, truely, hope this is our last move ever....until we take that final move....

Sunday, February 6, 2011

We Had A Cocktail Party!!!

Not wanting to make the same mistake the previous owner (PO) did with the house we wanted to get off on the right foot with our new neighbors. Soooo we invited all of our new neighbors and old neighbors and some friends over for a cocktail party a couple of days after we closed escrow.

Costco Tequila plus Trader Joe's Margarita mix equals new friends and good times.

The new neighbor turn out was pretty good. I think a lot of them were really curious about what exactly the house looked like on the inside.....we spent a lot of time explaining what the city was going to make us do and how yes WE had to pay the 26k in fines not the PO...
Here's the snack, and booze spread. I guess that goofy breakfast bar will be good for something.





Lots of kids... having a great time as there was no furniture and they could run around up and down the stairs and have a good time.





kids, friends, family.





Here was the general response from our friends and old neighbors... 'Holy Crap this place is friggen huge!'





Old neighbors doing the 'Holy Crap' thing.





Grandpa madscientist was able to make it out. He even climbed all the stairs!





Our Realtor and wife and on of the nanny share families enjoying the booze..
We ran out that morning and bought an antique table and chairs from Craigs list but we knew we were not going to have enough... Our tenant to the rescue...from her <500sqft>




Grandpa and Baby Madscientist sharing a moment.





Friends and neighbors enjoying the soon to be library.





Momma and baby.






Baby Madscientist chilling under the table with some blocks.





Cousins! Baby madscientist has a lot of built-in baby sitters with all her female cousins.





View out the top window looking towards the bay that night...right down there in the middle next to those three palm trees you can just barely see water. On a clearer day you can see all the way across the bay to South San Francisco.





The camera has a sunset setting...so I took a pic of the setting sun from the top floor.







The party was a success with lots of old and new friends coming together. We met a lot of the neighbors and they all seem like nice people. They just want to make sure we're not going to do anything 'funny' to the house....I think we convinced them that we are legit...


Saturday, February 5, 2011

For Sale Ad #3 Multi-Gen Households.

Grandparents, do you want to be closer to your grandkids but not too close?
Can your kids not afford a nice house in a nice neighborhood in a good school district on their own?
Have we got the house for you! With this duplex you can live all on a single level and your kids and grandkids can live in the 2-story main house. The house is 4 houses down from a nice park for quick and easy trips to the playground with the grandkids and has an amazing outdoor entertaining area in the back yard we refer to as the 'sunken living room'


For Sale In Central Alameda 1896 Victorian Triplex 4-3 of 2858 sq ft. on a 3500sq ft lot for $495k. Many Original Details intact.




House is legal Triplex currently set up as duplex. House is mid project. All the expensive work has been done just needs to be finished. Will not qualify for standard loan, only all-cash or 203k buyers.



Why You Should Want the Chez!

1. It’s a legal triplex of ~2858 sq ft with no parking requirements.
2. New foundation-slab where we dug down to give 9’ ceilings on the bottom floor.
3. An extensive under slab drainage system means bottom floor stays bone dry.
4. Earthquake retro-fitting done.
5. Electrical service upgraded to 200amps with 100amp sub-panels on each floor.
6. Natural gas service was upgraded and all the gas lines where re-piped.
7. Warm water radiant heating installed on first two floors. System is set up to also heat 3rd floor. Luxurious, energy efficient heating!
8. Stamped concrete outdoor sunken living room with natural gas plumbed fire pit.
9. New fancy ‘carriage door’ automatic garage door.
10. Custom antique brick driveway and path.
11. All work done with permits.
12. In Franklin School District.
13. 4 Houses down from Little John park.
14. Has tankless water heater installed-Endless eco-friendly hot water.
15. Have complete computer model of house (as-builts) in Chief Architect x1 and model for our 'dream house'. The full set of plans for our 'dream house' remodel is included.

Perfect opportunity for a multi-generational household with aspirations of raising their children in a nice neighborhood in a good school district.


Like to BBQ? Like to entertain outdoors? Then this stamped concrete outdoor entertaining area with built in lighting and fire pit is just the thing! This sunken living room is plumbed for natural gas to the fire pit and bbq.



For more information on the house than you could possibly imagine go here http://chezneumansky.blogspot.com/ and kill a few hours.

The house is not on the MLS yet, will be next week, so now is your chance to make an offer before the entire Realtor Universe knows about it.

Showings to pre-qualified buyers only right now.

Seller paying $5k bonus to buyers agent if house is in a successful contract within 30 days of listing on the MLS.

If interested please contact our Realtor. You can email him here MarioMarianiRealtor@hotmail.com







Everything You Need To Know About The 203K Loan
I just learned about it but it seems to be just the ticket for our situation.
Its a government backed loan where you get to roll the cost of the house, the cost to fix up the house AND the first six months of the mortgage payments into the loan and being an FHA loan they only require a 3.5% down payment.

Here's a good article from sfgate that explains it better than I can.
Here's a link to the HUD website that also explains the 203k program.
Here's a link to the HUD website where you can search for a local lender experienced with the 203k loan process.

The 203k is an FHA loan so there is some additional hoops the buyer has to jump through of course.

I spoke to several different local 203k loan experts and I got the best vibe from this guy.

Luis C. Munoz
Renovation Loan Specialist
Mason-McDuffie Mortgage Corp
6472 Moraga Ave
Oakland, CA 94611
1 510 825-0300 Cell
1 866 958-1869 E-Fax
http://www.luiscmunoz.com/

This is not an endorsement exactly, but Luis offered to make a house call to help me figure out how to best sell this place through the 203k program and I thought that was going above and beyond. If after reading the info above you are seriously interested in the 203k program I suggest you call Luis as he's local, knows the market, and seemed very knowledgeable on the subject. Tell Luis, Chez Neumansky sent you.

Why the 203k Program Seems So Great
Its a program for moderate income folks, to give them a chance to move to a house/neighborhood that they couldn't afford otherwise.
With this loan, you only have to come up with the 3.5% down payment and then when the first mortgage payment is due after the first six months, you rent out the bottom 1000sq ft apartment. That's gotta take a decent bite outta the mortgage no?
You get a 1858sq ft 3bed 2 bath house to live in and a 1000sq ft apartment to help pay your expenses.

Friday, February 4, 2011

For Sale Ad #2 For The Investors



For Sale In Central Alameda 1896 Victorian Triplex 4-3 of 2858 sq ft. on a 3500sq ft lot for $495k. Many Original Details intact.
House is legal Triplex currently set up as duplex. House is mid project. All the expensive work has been done just needs to be finished. Will not qualify for standard loan, only all-cash or 203k buyers.

Why You Should Want the Chez!

1. It’s a legal triplex of ~2858 sq ft with no parking requirements.
2. New foundation-slab where we dug down to give 9’ ceilings on the bottom floor.
3. An extensive under slab drainage system means bottom floor stays bone dry.
4. Earthquake retro-fitting done.
5. Electrical service upgraded to 200amps with 100amp sub-panels on each floor.
6. Natural gas service was upgraded and all the gas lines where re-piped.
7. Warm water radiant heating installed on first two floors. System is set up to also heat 3rd floor. Luxurious, energy efficient heating!
8. Stamped concrete outdoor sunken living room with natural gas plumbed fire pit.
9. New fancy ‘carriage door’ automatic garage door.
10. Custom antique brick driveway and path.
11. All work done with permits.
12. In Franklin School District.
13. 4 Houses down from Little John park.
14. Has tankless water heater installed-Endless eco-friendly hot water.
15. Have complete computer model of house (as-builts) in Chief Architect x1 and model for our 'dream house'. The full set of plans for our 'dream house' remodel is included.

Let's be honest investor types, you probably don't really care that we've poured our hearts and souls into the house making many, many improvements....Here's why you should care. For what we're asking for the house you should be able to finish the house and then sell it for much more than you have into it.


For more information on the house than you could possibly imagine go here http://chezneumansky.blogspot.com/ and kill a few hours.


The house is not on the MLS yet, will be next week, so now is your chance to make an offer before the entire Realtor Universe knows about it.

Showings to pre-qualified buyers only right now.

Sellers to pay $5k bonus to buyers agent if house is in a succesful contract within 30days of listing on MLS.

If interested please contact our Realtor. You can email him here MarioMarianiRealtor@hotmail.com


For Sale Ad #1 -For the Young Couple Who Wants to Raise Their Kid In A Nice Neighborhood

For Sale In Central Alameda 1896 Victorian Triplex 4-3 of 2858 sq ft. on a 3500sq ft lot for $495k. Many Original Details intact.

House is legal Triplex currently set up as duplex. House is mid project. All the expensive work has been done just needs to be finished. Will not qualify for standard loan, only all-cash or 203k buyers.



Why You Should Want the Chez!

1. It’s a legal triplex of ~2858 sq ft with no parking requirements.
2. New foundation-slab where we dug down to give 9’ ceilings on the bottom floor.
3. An extensive under slab drainage system means bottom floor stays bone dry.
4. Earthquake retro-fitting done.
5. Electrical service upgraded to 200amps with 100amp sub-panels on each floor.
6. Natural gas service was upgraded and all the gas lines where re-piped.
7. Warm water radiant heating installed on first two floors. System is set up to also heat 3rd floor. Luxurious, energy efficient heating!
8. Stamped concrete outdoor sunken living room with natural gas plumbed fire pit.
9. New fancy ‘carriage door’ automatic garage door.
10. Custom antique brick driveway and path.
11. All work done with permits.
12. In Franklin School District.
13. 4 Houses down from Little John park.
14. Has tankless water heater installed-Endless eco-friendly hot water.
15. Have complete computer model of house (as-builts) in Chief Architect x1 and model for our 'dream house'. The full set of plans for our 'dream house' remodel is included.

Perfect opportunity or the young couple with aspirations of raising their child in a nice neighborhood in a good school district.

You can keep it as a triplex, or, do what we were going to do and turn the top 2 floors into a single family home and rent out the bottom floor apartment, or, turn the entire place into a giant 2858sq ft single family residence.

The super fab radiant heating system installed on the bottom two floors.



The stamped concrete outdoor entertaining area with built in lighting and fire pit!






Readers
If you know of anyone who wants to do the 'move to Alameda and restore an old Victorian and raise their kids in a safe environment with good schools' thing, please, please forward this post to them. They have to qualify for the FHA loan remember.

Realtors
I know a bunch of Alameda based Realtors read this blog.
C'mon, I bet you have a couple of clients who might be interested in the Chez. Forward em this post. Its a win-win, we get to sell the house AND if we buy a new place I don't have any need to keep doing my real estate reviews that you love so much, I'm talking about you Alain Pinel Realty.

The house is not on the MLS yet, will be next week, so nows your chance to make an offer before the entire Realtor Universe knows about it.

Showings to pre-qualified buyers only right now.

Seller paying $5k bonus to buyers agent if house is in a successful contract within 30days of listing on the MLS.

If interested please contact our Realtor. You can email him here MarioMarianiRealtor@hotmail.com




The 203K Loan
I just learned about it but it seems to be just the ticket for our situation.
Its a government backed loan where you get to roll the cost of the house, the cost to fix up the house AND the first six months of the mortgage payments into the loan and being an FHA loan they only require a 3.5% down payment.

Here's a good article from sfgate that explains it better than I can.
Here's a link to the HUD website that also explains the 203k program.
Here's a link to the HUD website where you can search for a local lender experienced with the 203k loan process.

The 203k is an FHA loan so there is some additional hoops the buyer has to jump through of course.

I spoke to several different local 203k loan experts and I got the best vibe from this guy.

Luis C. Munoz
Renovation Loan Specialist
Mason-McDuffie Mortgage Corp
6472 Moraga Ave
Oakland, CA 94611
1 510 825-0300 Cell
1 866 958-1869 E-Fax
http://www.luiscmunoz.com/

This is not an endorsement exactly, but Luis offered to make a house call to help me figure out how to best sell this place through the 203k program and I thought that was going above and beyond. If after reading the info above you are seriously interested in the 203k program I suggest you call Luis as he's local, knows the market, and seemed very knowledgeable on the subject. Tell Luis, Chez Neumansky sent you.

Why the 203k Program Seems So Great
Its a program for moderate income folks, to give them a chance to move to a house/neighborhood that they couldn't afford otherwise.
With this loan, you only have to come up with the 3.5% down payment and then when the first mortgage payment is due after the first six months, you rent out the bottom 1000sq ft apartment. That's gotta take a decent bite outta the mortgage no?
You get a 1858sq ft 3bed 2 bath house to live in and a 1000sq ft apartment to help pay your expenses.

Annnnnnnnnnd Finally A Price

Okay Folks Here It Is......

The Long Awaited Price For The Chez.....


Is........


$495k


After reviewing the results of the twelve Realtors that toured the place and considering what it should be worth when its finished as a tri-plex or a duplex we think that $495k is a fair price.


But, To Make It More Attractive

We've decided to offer a $5k bonus to the buyers agent.

The house is not on the MLS yet, will be next week, so nows your chance to make an offer before the entire Realtor Universe knows about it.

Showings to pre-qualified buyers only right now.

If interested please contact our Realtor. You can email him here MarioMarianiRealtor@hotmail.com







I'm going to do up some goofy for sale ads and post them to the blog shortly.

I'm sure this post will provide much amusement at our expense from the Reptile Realtors but please keep your comments civil or I will delete them.