Pay your taxes and keep your contact information up-to-date

[WOT?*]

www.sfchronicle.com/bayarea/matier-ross/article/Rich-SF-residents-get-a-shock-Someone-bought-11738236.php

Whoops.
Did nobody audit the books when they got a new accountant? For thirty some-odd years?

[lolo]

Whoa, that is a heck of a story. And I wonder if the residents' subsequent accounting firm is about to be sued...

[cville]

I love this. This probably makes me an evil lawyer, but the part about the former restrictive covenant at the end sealed my amusement.

[bugandbibs]

This is hysterical. As an aside, I live on a private road. I hope I'm paying all the right taxes, lol.

[pixy0stix]

I mean, it could be smart, but what happens when the road starts falling apart?

[shortstax]

Aug 7, 2017 19:01:37 GMT -5 pixy0stix said:

I mean, it could be smart, but what happens when the road starts falling apart?

I picture it going like this--hey, rent your parking spaces.  No?  Ok, let's build some tiny houses on this liiiiitle median here.  Oh, you don't like that?  You can buy the road back for $2M.

[raangoli]

Just when I didn't think this could get better I saw this at the end:

"There’s a bit of irony in the couple’s purchase. Until a 1948 U.S. Supreme Court ruling banning the enforcement of racial covenants, homes in Presidio Terrace could be purchased only by whites."

I'm dying.

[sonrisa]

WTF are they going to do with little lumps of grass in the middle of Presidio Terrace? That is such an absurd thing to buy. If Feinstein were still there, I could see a conservative group buying it to harass her, but she left.

(As a kid, we trick-or-treated on presidio terrace one year. Feinstein had a fruit bowl instead of candy.)

[josieposy]

Oh wow!

[AAM2012]

Interesting....I'm not sure how I feel about this.

[mrspez07]

I saw that today.
It made me think of our family's drama a few years back. My grandma and grandpa built a house on about 1/4 of an acre in 1957. It happened to be right next to the county line. Always lived there, original owners, driveway, mailbox, workshop/shed, garage and house in original location etc.
Fast forward 60ish years and the house was now on a busy road and things are more suburban than rural. Grandma (who has dementia and is remarried after gpa died 25 years ago) and my uncle, who has been in charge of her estate, are contacted by the owner of the property on the other side of the county line (a bit of a developer of senior housing) that he purchased their driveway parcel in a tax sale! We still aren't sure what happened. I don't think anyone knew for sure even if there had always been two parcels (the driveway parcel aligned with a major road on the metro area grid that didn't connect anywhere close on either side). Did they even get the tax bills? Did it get taken out of the system and then put back in by the county? Missed during a refi? Created as a leftover parcel during the development of the GIS system since it was a more accurate mapping system? I still don't understand how the county didn't look at their own mapping/GIS data before selling the parcel, it was the driveway, (mailbox) and only access for the house!

We were able to get something taken back as a perpetual use or something, but the county really f'd it up. You would hope that county's would do a bit more legwork on land property they are about to sell.

[calico]

San Fran doesn't get a snow or ice, do they? Because in any other part of the country that gets this kind of weather, they would really have the other property owners over a barrel.