Very motivated--1821 Broadway, Alameda, CA
This little matchbox of a house at Broadway and Tilden has been on the market for a while (listed 2/11/08; MLS #40323301; 2+1, 702 sqft on 2,380-sqft lot):
Now the seller is "very motivated":
Now the seller is "very motivated":Move-in condition!Great home! Adorable Bungalow in east end of Alameda.Very charming front porch, built in book shelves, wood burning fireplace and hardwood floors. Very spacious kitchen and dont forget the additional detached BONUS ROOM! Very low Pest Report!Seller Very Motivated.
ZIP Realty's price history is a little sad--when a house is so small, you don't have much latitude for big price drops:
Seems the owner is trying to get as much of their money back as possible:
Update 4/18/2008: Seller is now VERY motivated (note the caps). Price down to $449,000.
Update 5/15/2008: Down we go to $435,000. "Won't last at this price." Hah.
ZipRealty Price Track:
Price Reduced: 03/10/08 -- $532,000 to $515,000
Price Reduced: 03/11/08 -- $515,000 to $499,000
Price Reduced: 03/20/08 -- $499,000 to $469,000
Seems the owner is trying to get as much of their money back as possible:
Last sale and tax info
Assuming a 6% commission and not counting any improvements or property tax they wouldn't have had to pay had they rented, they'll need $415,000 or so. Probably doable, as long as they don't hold out for too long--there's some competition on the market, and this little 964-sqft fixer blew the comps away when it sold for $410,000, down from an original asking price in the mid-$500K.
- Sold 12/05/2002: $389,000
- 2007 Property Tax: $5,401
Update 4/18/2008: Seller is now VERY motivated (note the caps). Price down to $449,000.Update 5/15/2008: Down we go to $435,000. "Won't last at this price." Hah.
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