That's kind of insane. I wonder what the numbers are for San Francisco...
http://www.zillow.com/homes/for_sale/pmf,pf_pt/house,townhou...
I could never afford it with my Google income but the real estate people who put up the ad believe a Googler in SF should be able to afford it.
As for everybody else... Not so much.
The owner -- possibly not even living there -- is only paying $1245 a year in property tax, or a rate of 0.06%.
If you buy and move in you'll be paying 25x that.
YEAR PROPERTY TAXES CHANGE TAX ASSESSMENT CHANGE
2015 $1,245 -- $52,629 +2.0%
2014 $1,245 +44.8% $51,599 +0.5%
2013 $860 +14.0% $51,367 +2.0%