I hate to admit it, but it is "theoretically" possible. According to public records, available on the web, the home was last sold in 1989 (presumably to the Paw's) for $260K. Homes on this street (one block from the Pacific Ocean) are now selling in the range of $672K - $788K. Here's the data I just looked up:
Home Value Estimate:
$672,016 - $788,889*
Street Address: 41 Shelbourne Ave
ZIP or City, State: DALY CITY, CA 94015
Property Type:
Single Family
Square Footage:
1280
Beds/Bath:
4/2.0
Built:
1959
Last Sold:
9/1/1989 for $260,000
URL for the above data:
http://www.homegain.com/cma/get_hv?entryid=9162&mod=1&addr=41+Shelbourne+Ave&csz=Daly+City%2C+CA&r=1
They have made a small fortune (on paper at least) on this little bungalo.
Ok, last date of sale of that house was 1989? How did Mr. Hsu get connected to that address, and when?
It isn’t just the house, I understand about real estate prices (all too well). But a mailman, a nurse, a homemaker, a truant officer...etc. And they all spontaneously started making political donations in 2004, hefty ones, including out-of-state campaigns; yet they vote sporadically.
To most of us, the report raises antennae and fairly screams “Not their own money.”
County tax info .. I’m stunned at how low the taxes are for California.
http://www.sanmateocountytaxcollector.org/SMCWPS/pages/parcelDetail.jsp?list=AD
I doubt it on both accounts.
How does a boy named Hsu who pulls down 49K make that house payment and launder that money donate so generously to the DNC?