Sunday, November 16, 2008
Bank Owned Property in San Martin
New on the Market in San Martin!
This ranchette has good square footage of 2605 with 5 Bedrooms and 2 1/2 Baths and is located on close to an acre in San Martin at 13985 Sycamore Avenue. It has hardwood floors and a newer roof, shared well and recently passed their septic inspection (according to their agent). As with most bank owned property, they are looking for an as-is sale. Has a bunch of out buildings and is near to 101 but priced at $744,900.
There were 2 recent sales of San Martin homes on about an acre selling. 14005 Harding had less square feet (1802) but better location and sold for $642,000. 1965 Gwinn Avenue also had less square feet but closer (2224) but did not show great and sold for $700,000.
My 2 cents - Could be there is some wiggle room in the price for this ranchette but still it is priced in its range.