Archive for April, 2008

The home on 2520 Hayward Drive in Burlingame is worth a visit. Currently it is listedby Sue Walsh/Cashin www.suewalsh.com for $ 2,400,000. This 3550 sqft home with 5 bedrooms and 4.5 baths has been nicely remodeled. The beautiful 12,000 sqft lot sets this home apart from newer constructed homes in town that are offered in the same price range! Besides a swimming pool and sports court, there is plenty of room to play or find a quiet corner to read and enjoy. Located in the upper Ray Park area, this house is close enough to walk to Franklin Elementary School and Burlingame Intermediate School. 

Burlingame Elementary Schools are a big draw for buyers who are looking for a good school district for their children. The 2007 Growth Academic Performance Index(API) Report published by the California Department of Education is now available. Franklin Elementary, Lincoln  Elementary and Washington Elementary School scored above 900. Other Peninsula School Districts like Belmont, Foster City, San Mateo and San Carlos have equally high API scores.Parents or Parents to be are looking to make a move to the Peninsula for good schools and the family atmosphere that you can find in a smaller community. Currently there are two homes available in walking distance to Franklin Elementary School (API 925) and Burlingame Intermediate School (API852) which is right next door. 2409 Valdivia Way is a 3 bedroom/2 bath house listed for $ 1,625,000 and 2520 Hayward Drive is a 3550 sqft home with 5 bedroom/ 4 bath and a pool listed at $ 2,400,000.

For more information on other API Scores go to the California Department of Education website:

www.cde.ca.gov

If you are approaching retirement age and own Real Estate in the Bay Area, you might want to plan a trip to beautiful Southern Oregon which by the way has similar climate patterns as Northern California. The Rogue Valley Manor is located in Medford, Oregon.  This beautiful campus offers retirees from California an affordable option to buy into a Continuing Care community. Located just 27 miles of the California/Oregon border it is easy to visit in a day’s drive from the Bay Area.  Entrance fees for a one bedroom apartment in the main Manor Building start at $ 103,000 with a monthly accommodation fee of approx. $ 1800. Besides three meals a day, the fee includes: weekly linen service, cable, electricity,  water and housekeeping every three weeks and much more. Studios, two and three bedroom apartments and cottages are available as well. When you schedule a visit with their marketing office at 1-800-848-7868 make sure to inquire about their complimentary round of golf at Quail Point Gold Course. Just off Interstate 5 the Rogue Valley Manor is worth a visit!

www.retirement.org/rvm

Don’t Worry About The Headlines

“Daly City is at heart of county’s foreclosure flurry”read the headline in the Examiner on March 31. The same day offers had to be presented for a small house at 43 Garden Grove Drive in Daly City. This two bedroom, one bath home showed lovely. The newer kitchen and inviting back yard were a big plus. Beautiful staging made the house look spacious even-though the square-footage was just over 900 sqft. Buyers who read the Examiner in the morning probably had a conservative approach. But if you had the means to offer more than the asking price, were comfortable with the reports on hand and could close escrow fast, you probably got the house. In the end there were 6 offers presented and we will know the purchase price next week. The moral of the story, know the market in the neighborhood you are purchasing in and don’t worry about newspaper headlines. www.examiner.com

Chris Molnar
Realtor, Coldwell Banker
181 Second Ave #100
San Mateo, CA 94401
Phone:650-504-2693


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