SAN JOSE (CBS SF) – A fire-damaged San Jose that made national headlines for its astonishing list price of nearly $800,000 has sold well above asking, the latest sign of the Bay Area’s red-hot housing market.
According to the listing on Redfin, the home on 1375 Bird Avenue in the city’s Willow Glen neighborhood officially sold on Monday for $938,000.
Despite a listing that read, “You cannot see the inside. Please do not go past the fencing,” the home fetched nearly 20 percent above the $799,000 asking price.
The agent told KPIX 5 last month that she received six offers, all cash and all over asking.
The two bedroom, one bath home was badly damaged in a fire two years ago and the site has been billed as an opportunity to build a new home.
In late March, a home in Fremont that was condemned and described as “Beyond FIXER” sold for $1.23 million. The East Bay property was originally listed for $1 million.
Last month, KPIX 5 reported on a burned out home in a Mountain View neighborhood that was on the market for $1.48 million.
On April 30th, the home in Mountain View sold above asking for $1.62 million.