She doesn't sell--409 Shell Gate Road, Alameda, CA

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This listing just came on the market 3 days ago, around April 10th, but I could swear I'd seen it before. At any rate, there's no photo yet, but here are the specs:

3 bedrooms, 2 bathrooms, 1,503 sqft, 5,000-sqft lot, MLS(r) #40335733, $599,000

Hawaii in alameda? This lovely home is a strolling distance to the shore, schools, shops and rest-aurants. It's a spacious 3bd/2baths/2cgarage cozy home. Features central heating, romantic fireplace in livingrm, move in condition. Hurry this won't last.

408-shell-gate-road-alameda-street-view.pngI didn't realize an agent would allow a house to be both "cozy" and "spacious." But there's going to be a spacious gap in the seller's bank account considering the following:

Last sale and tax info

Sold 10/02/2006: $693,000
2007 Property Tax: $4,381
$94,000 under + $35,940 commission = $129,940 lost in 18 months. Whoaaaaaaaa.

Update 10/9/08: It's back on the market as MLS(r) #40374485, with the same inane "Hurry this won't last" description, and the same silly $599,000 price.

Update 10/26/08: Price dropped almost $5,000 to $594,300 on 10/22. I scoff.

Update 11/10/08: Now officially a short sale.

Update 3/12/09: Back on the market for $525,000.

About this Entry

This page contains a single entry by L. Opine published on April 13, 2008 8:04 PM.

Misc stat of the day: 37% of active listings have dropped their prices was the previous entry in this blog.

6th circle of hell--1618 6th Street, Alameda, CA is the next entry in this blog.

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