February 2008 Archives
Number three in the "not even trying" section is a small house on a huge lot:
It just appeared on the market on 2/25/2008, listed at $548,000. Lo and behold, that's just about what it was bought for about 3 years ago. Whee!
It just appeared on the market on 2/25/2008, listed at $548,000. Lo and behold, that's just about what it was bought for about 3 years ago. Whee!Last sale and tax info
- Sold 01/11/2005: $545,000
- 2007 Property Tax: $7,014
Update 8/18/08: I completely forgot to update this one. It's been on the market on and off for a while.
Update 10/26/08: Finally sold for $450,000 on 9/19/08.
$495000 Alameda Short Sale House has been aproved Only $495000 (alameda)
Reply to: yangcaorealty@yahoo.com
Date: 2008-08-19, 1:49PM PDT
Located in 1813 St. Charles Street,Alameda,CA 94501. City approved 2units floor plan to conver both up&downstairs to 4bed/2bath. Great potential! 6,500 sq.Ft.lot. Currently, upstairs 3bedroom is rent $1,865.00, owner living downstairs.
Call Yang Cao at 510-219-7516.
Update 10/26/08: Finally sold for $450,000 on 9/19/08.
This "exquisite" home just showed up on Craigslist. To be fair, it does look great, and you can't beat the location.
STUPEND0US, spacious and bright Colonial Revival Home combines Old World charm with modern lifestyle. Many achictectural details intact.
It's a nice big house that seems to be in great shape, and it comes with a spa, gazebo, built-in speakers, and various other amenities.I hope the "owners" enjoyed their stint in their stupend0us h0m3, because...
Note the striking similarity with today's list price. Scoff, scoff, scoff. Am I that petty? I guess I am.Last sale and tax info
- Sold 08/29/2006: $899,000
- 2007 Property Tax: $2,953
Update: The house is indeed really nice inside, with great hardwood floors and a TON of space in the full basement and attic. The seller was transferred out of town, hence the sale.
Update 3/19/2008: Price dropped to $865,000. Took about a month.
Update 4/1/2008: Price dropped to $849,000.
Update 5/9/2008: Back on the market for a day or two now after disappearing for a few weeks.
Update 5/18/2008: It's now officially a SHORT SALE!
Update 6/2/08: After not showing up on Craigslist for a bit, the listing reappeared.
Update 6/11/2008: Ditto.
Update 7/16/08: Apparently sold for $820,000.
I was excited earlier this week because a big Victorian (a Marcuse and Remmel, no less) came on the market at $993,000. I've been pining for cool Vics, and this looked like just the ticket, which a drive-by confirmed. Nice specs and pretty pictures:
Much to my surprise, it showed up on Craigslist today, just 4 or 5 days after it was first listed, with a $60,000 haircut. Yay! That's $12,000 to $15,000 a day. I suppose it could be a typo, but the Craigslist header does match the postlets price, so I have to assume either it's legit or it's been languishing in the MLS with the wrong price for a week. Whee.
Update: only one or two rooms have hardwood floors (reclaimed from a demolished school); everything else is carpeted (agh). The Marcuse and Remmel pressed wood trim is covered in so much paint you can barely distinguish the relief. Both units are in excellent shape, but they look and feel like a condo, rather than a stately old home. Blech.
Update 5/15/08: Sold for $970,000.
LIGHT & BRIGHT! TERRIFIC Marcuse & Remmel Queen Anne Duplex in the edge of the Gold Coast. UPPER: 3/2 w/Family Rm, laundry & attic storage. LOWER: Large 2/1 single-level w/Laundry. Both have large kitchens. Existing door between units = 5/3 single home w/lots of plus space. Garage w/workshop space.
Much to my surprise, it showed up on Craigslist today, just 4 or 5 days after it was first listed, with a $60,000 haircut. Yay! That's $12,000 to $15,000 a day. I suppose it could be a typo, but the Craigslist header does match the postlets price, so I have to assume either it's legit or it's been languishing in the MLS with the wrong price for a week. Whee.
Update: only one or two rooms have hardwood floors (reclaimed from a demolished school); everything else is carpeted (agh). The Marcuse and Remmel pressed wood trim is covered in so much paint you can barely distinguish the relief. Both units are in excellent shape, but they look and feel like a condo, rather than a stately old home. Blech.
Update 5/15/08: Sold for $970,000.
This listing just showed up on pacunion:
You know the end is near when sellers aren't even trying to break even with the initial listing price.
I like it.
Update 7/10/08: At least this one was quick.
Charming Mediterranean bungalow. Beautiful vaulted wood beam ceilings. Original plank flooring. Updated master bath. Freshly painted throughout. One block to Edision Elementary and close to Park St. shopping district.Asking $699,000.
You know the end is near when sellers aren't even trying to break even with the initial listing price.
Last sale and tax info
- Sold 08/09/2005: $711,500
- 2007 Property Tax: $8,839
I like it.
Update 7/10/08: At least this one was quick.
Sales History
Sale History & Tax Info Sale History 05/23/2008: $634,000 08/09/2005: $711,500 No other sale data is available
Finally a new Vic on the market!
Pretty, historic Victorian listed around 2/1/2008 for $679,000. Pimped-out kitchen and lots of new things (plumbing, granite, Terminerator, etc) they're very proud of.
Location, location! Historic updated Victorian just moments from Park Street shops and restaurants. Granite kitchen counters, energy-efficient stainless appliances. Formal dining room, bay window, soaring ceilings, spacious backyard!
Not clear how they paid for all of it.
Last sale and tax info
- Sold 05/12/2005: $620,000
- 2007 Property Tax: $7,873
But $679,000 - $620,000 - 3 x $7,873 - 6% = (-$5,359), so after a full kitchen redo these gourmets are effectively upside down by 5 digits. Homeownership is so awesome.
Update 3/3/08: Price dropped to $649,000. Whee!
Update 4/11/08: Price dropped to $619,000, and official induction into loss leader category.
Update 6/2/08: Still on the market at $619,000. "OPEN SUNDAY - Ready for Offers!" Teehee.
Update 8/29/08: Quinn Stone says this property finally closed on 7/29/08 for $600,000 after 133 DOM at $619,000. Of course this very post shows this isn't completely accurate--by my reckoning, this home was on the market for close to 6 months and started out at $679,000.
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