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Cupertino home market

Posted on 03 March 2009 by gracekeng

 

Cupertino Park

There is only one Cupertino bank owned single family home for sale on the market.



10071 Peninsula Ave Cupertino, Calif

95014

. It is was orginally listed on October 7th 2008 of asking price $649,000. It is a small 2 bedrooms and 1 bath in a smaller lot about 3300 sf. The current asking price is $522,500. This home belong to the best Cupertino Schools district that means : Steven Creek Elementary, Kenneday Junior high and Monta Vista

High school. We can compare this single family home with a Cupertino townhouse at 19830 Portal Pz Cupertino. It is a 2 bedrooms, 2.5 baths townhouse asking for $555,000. The last one sold in the same complex is more then $600,000.

 

Nowaday all buyers want to buy good deals. Yes! The buyers only get excited for special deal. There are two rules: the price needs to be low and the home needs good location and condition. Last Friday a buyer saw my blog regarding the Sunnyvale Bank Owned home. He asked me:” Can we negotitate the price of a bank owned home?” My answered is: “ Of course!” Let me tell the history of  one Cupertino reo home at





10208 Sterling Blvd Cupertino, California

95014

It is a  3 bedrooms 2 bath home sized around 1108 sf and lot 8208 sf. The backyard can hear the noise of the Lawrence Expressway. It was listed as a bank owned home from October 15 2008 for $674K and then it was dropped to $654,500 and it was sold on December 15 2008 and closed on 12/19/2008 for $650K. The last owner bought this home on June 30 2004 for $540,000. If you look at this

Cupertino home, the price goes up for 20% from mid 2004 to Dec 2008.

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Prices for CUPERTINO

 

Featured Listings
1456 Ranchita Court
Los Altos, CA
4 BR | 2.50 BA $1,468,000

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