See for yourself--1206 Buena Vista Avenue, Alameda, CA

By L. Opine on January 19, 2008 1:21 PM |

Today's fun craigslist post;

1206-buena-vista-cl.jpg
It's perfect. Perfect!

Digging around a bit, we find

Last sale and tax info

Sold 04/01/2005: $630,000
2007 Property Tax: $8,003
Let's see:

2.5 years' property tax = $20,000
3% commission (best-case scenario) = $20,370
HELOCed Ford T-bird in garage = $35,000
Sale price (bear with me here) = $679,000
Purchase price = $630,000
Net gain = -$26,370

1206-buena-vista-car.jpg
Did I mention the county records show this house is 886 sqft? That's $766/sqft, on a somewhat less than desirable street. See for yourself!

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This page contains a single entry by L. Opine published on January 19, 2008 1:21 PM.

$6,000 a month sitting around--3240 Sterling Avenue, Alameda, CA was the previous entry in this blog.

Last chance--617 Pacific Avenue, Alameda, CA is the next entry in this blog.

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