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Obliterated San Jose teardown sells over asking price

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“You cannot see the inside...please do not go past the fencing”

Photo courtesy of Holly Barr

An incinerated tangle of wood, wire, and steel in San Jose’s Willow Glen neighborhood landed on the market in April asking $799,000. Quite a lot of money for quite a lot of nothing.

But seeing as how the Bay Area is in the middle of a housing crisis that, by way of legislation coupled with ignorance, continues with alacrity, this teardown sold over its asking price.

Formerly a two-bed, one-bath house built in 1976, the house fell apart after a 2016 fire. “You cannot see the inside,” read the realtor’s ad. “Please do not go past the fencing.”

All that remained, aside from a major cleanup, was a cozy yet prime 0.13-acre lot, which sold Monday for $938,000.

We should point out that, while the pile of rubble sold over asking, the final sale price fell below Redfin’s estimate of $1,017,712. Not that such a factoid will provide you with any solace, but there you have it.