402 friendly--402 Haight Avenue, Alameda, CA

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This cute Mediterranean bungalow (MLS # 40317900) has been sitting on the market, and today the agent is essentially saying "c'mon, people, just buy the damn thing" for the new and improved price of $669,000:

We just did a 20K price drop. 3 bed 2 full bath charmer. This home is ready to move in to. Award winning school within walking distance. Seconds from downtown loaded with restaurants, shopping, cafe's. Must see to appreciate. Don't miss this one.
Note the personal "We just did a 20K price drop." I get the feeling the sellers aren't the only ones who agreed to a price cut--I'd bet the agent also agreed to give them a break on his commission.

It's certainly cute, and it has good specs, except maybe for the itsy-bitsy lot and a less-than-great-but-not-too-bad location: 3 bedrooms, 2 bathrooms, 1,465 sqft, 2,485-sqft lot.

402-haight-avenue-alameda.jpgPer ZipRealty, this "charmer" has been on the market since 01/12/08, and I'm not positive I didn't see it listed prior to that.

Maybe someone just as nice will put the sellers out of their misery and pick it up. They're, what's the word, ah yes, screwed anyway.

ZESTIMATE®: $578,500

Last sale and tax info
Sold 09/02/2005: $670,000
2007 Property Tax: $8,310
Update 6/3/08: This is sad. Now listed at $619,000 with the following description on craigslist:

Great neighborhood. Walking distance from Paden Elementary. 3 bed 2 bath 1465 square foot home. Turney, it's gorgeous. A mix between modern and vintage. Lots of character. This house is now 25K below comps. Will not last at this price. Call today for viewing. Clean pest report. Not a typo, this is a 70K reduction this week.
It might not be a typo, but it's certainly not the truth either, since the last recorded price was $669,000, so this is a $50K reduction.

Update 7/16/08: Apparently sold for $6,000 over asking ($625,000)! Woohoo!

About this Entry

This page contains a single entry by L. Opine published on March 22, 2008 8:06 PM.

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