Off market sales can skew local home value estimates. It may have been reported to the MLS so that the agent would get more recognition for her efforts to sell the home.
Grant neighborhood of Mountain View home values http://julianalee.com/mountain-view/grant-statistics.htm
Mountain View just sold information http://julianalee.com/mountain-view/mountain-view-home-sales.htm
Top 2 agent nationwide at Keller Williams Realty, the nations largest
Over 20 years experience
Over 1,000 homes sold in Santa Clara County and San Mateo County
There is something fishy about 509 Levin Ave.
I went to see the home this weekend and I happen to be there when the former owner (a very elderly woman) as looking at it to see what was done.
I found out that it sold in one day and the realtor "claimed" it was listed on the market. I wonder how the realtors involved in this transaction can live with themselves.
As it turns out, the new owner, Minxue Qian, Intero Real Estate Services, happens to be a realtor and she bought the house below market and the older lady's realtor is friends with the new owner. I don't see how the original realtor could have represented the older lady to get the most amount of money for elder client. Usually when properties are sold quickly, they are sold above market.
I guess this is a perfect example of greed and how the world works on the dark side.
Got wondering...what has been the most impressive house flip that folks have seen -- taking into account turnaround time and $$ gain?
So I sold several without putting it on the MLS. Then the MLS wrote me a nasty letter saying I had to put it on the MLS even though I had already sold it.
So from then on that is what I did, I think they just want to have the data in their data base or something. But yes they fine the daylights out of you if you don't do that.
Keller Williams Realty Palo Alto
517 Preston (sold in February) is right around the corner and has the identical floor plan. Sold for $1.612M.
So $1.375M for 509 Levin seems like a friends/family discount!
The Agent should be thanked for taking the trouble to do this.