Monday, April 10, 2006

Very Small Sausalito POS

This may be the smallest one yet. This Sausalito POS is 528 sq ft (the lot is smaller than most houses at 1,045 sq ft!), 1 br 1 ba, built in 1948. Asking $650,000. That's $1,231 per sq ft. LOL! Just enough room for you and your dog and maybe a plant. From what I hear people are being forced to buy smaller houses in Marin than they really want due to rising interest rates so this one must be really, really desirable.

22 Comments:

Anonymous Anonymous said...

Wow. I honestly wouldn't give $25K to own this.

April 10, 2006 7:01 PM  
Anonymous Anonymous said...

My old 1-bedroom apartment in Cotati was bigger than this.

April 11, 2006 2:06 AM  
Anonymous Anonymous said...

It's the red door... it say's, "Someone important lives here".

April 11, 2006 8:41 AM  
Blogger marin_explorer said...

A really short postman must deliver mail in that part of Sausalito--or perhaps that door is for your pet snake. Snakes like small, enclosed spaces; a perfect habitat.

After you drop $650K for an ongoing experiment in cabin fever, you'll gaze longingly at the outside world like a caged animal's fleeting memory of the open wild. Cooking ramen on your hotplate kitchen as the walls of your home constrict under the darkness of night, you'll count the joys of home ownership; why did you ever rent?

For someday, by saving those pennies on ramen, rice cakes and Dinty Moore stew, you may be able to move up in the world. A whole 2 bedrooms and 1000 sqft could someday be yours; you'll no longer sleep in the same room as your snake.

April 11, 2006 9:21 AM  
Anonymous Anonymous said...

I've taken craps bigger than this house.

April 11, 2006 10:01 AM  
Anonymous Anonymous said...

This could be a doll house, a garden shed, or a snake hutch (as previously mentioned) maybe a lawn mover shed, maybe a place for your tools..

Marinite would you kindly post when this house gets sold. You have posted a lot of sh** on this site, but this one to me is the most financially offensive...I would be ashamed to pay that...tell me this house is at the bottom of a shifting hill off Bridgeway...

April 11, 2006 1:01 PM  
Blogger Wickedheart said...

$650,000 is way too much for a playhouse for the kids.

April 11, 2006 3:01 PM  
Anonymous Anonymous said...

This comment has been removed by a blog administrator.

April 11, 2006 4:16 PM  
Blogger sf jack said...

So somebody paid $1100/square foot in 2004 for that tool shed.

Bargain!

After figuring in inflation and transaction costs - will they get $580,000+ for it now?

April 11, 2006 5:07 PM  
Blogger Marinite said...

After you drop $650K for an ongoing experiment in cabin fever, you'll gaze longingly at the outside world like a caged animal's fleeting memory of the open wild. Cooking ramen on your hotplate kitchen as the walls of your home constrict under the darkness of night, you'll count the joys of home ownership; why did you ever rent?

reskeptic, you should be writing the description for these POSs. You're a wordsmith.

April 11, 2006 6:11 PM  
Anonymous Anonymous said...

I just googled it. Frank Howard Allen RE lists it as sold for $615K.

April 11, 2006 9:29 PM  
Blogger marin_explorer said...

reskeptic, you should be writing the description for these POSs. You're a wordsmith.

LOL...thanks, and sure: I'll be happy to humor myself on these PoSs. When you find a few new ones, send the facts my way.

April 12, 2006 12:03 AM  
Blogger Rob Dawg said...

[m-u-s-t r-e-s-i-s-t c-ll-i-c-h-e-s... too late]

I see a red door and I want it painted black
No losses anymore I want them to turn black
I see realtors walk by dressed in their summer clothes
I have to turn my head until my darkness goes
I see a line of investments and they’re all painted black
With flowers and my deposit both never to come back
...

April 12, 2006 2:49 AM  
Blogger sf jack said...

anonymous #451,916 said:

"I just googled it. Frank Howard Allen RE lists it as sold for $615K."

Sold!

My question was answered by yet another greater fool - who continue to appear with some regularity, it seems.

April 12, 2006 9:40 AM  
Anonymous Anonymous said...

You must check out the Hamptons house on this blog: http://overvalued.blogspot.com/

April 12, 2006 12:28 PM  
Anonymous Anonymous said...

Even Fido & the pupppies would WANT an independant APPRAISAL on that one

April 12, 2006 12:34 PM  
Anonymous Anonymous said...

Trully amazing that there are still buyers out there who haven't gotten the memo.

I mean jeez, it's been all over TV , in the papers, on the radio, in the magazines.

It's not like it's some huge secret that housing is crashing!

Why in the heck would somebody pay 615K to squeeze themselves into that place NOW?!??!!!

April 12, 2006 6:55 PM  
Anonymous Anonymous said...

what kinda drugs were the buyers on?? was this under duress?

April 12, 2006 10:59 PM  
Blogger moonvalley said...

Robert Cote...Brillant! I definitely think the Stones need to change those lyrics if they ever play Marin.

April 13, 2006 11:03 AM  
Blogger Marinite said...

Why in the heck would somebody pay 615K to squeeze themselves into that place NOW?!??!!!

Well, they haven't yet. In fact, more than half of the POSs that grace this blog have not sold yet.

April 13, 2006 11:24 AM  
Anonymous Anonymous said...

a few trips to home depot and a credit card limit of about 10,000 and you could make one of these yourself...

April 13, 2006 7:51 PM  
Blogger Mole Man said...

what kinda drugs were the buyers on?? was this under duress?

Maybe it has granite countertops?

April 14, 2006 5:41 PM  

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