What's up, dock?--2022 High Street #B, Alameda, CA

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Perusing my "reductions" search results on ZIP Realty, I ran into this poor fellow, languishing at $530,000 after almost 7 months on the market (MLS #40305287):

Must sell now! Right on estuary, large living room, beamed ceilings in master, add'l b/p w/private bath. Corner fireplace, boat dock. Must see this special unit.

2022-high-street-b.jpgStill no bites after SEVEN months. They even had an after-Christmas sale, dropping from $745,000 to $680,000 on December 26, 2007.

It's now been dropped $215,000, or 29% off the original price. Maybe the lack of interest has something to do with these less-than-exciting specs?

2 bedrooms, 2 bathrooms, 1,450 sqft, built in 1968

Or this?

ZESTIMATE®: $465,500

Last sale and tax info

Sold 12/18/2003: $448,500
2007 Property Tax: $6,034
What kind of a nincompoop priced this condo at $745,000 in the first place, anyway?


Update 9/4/08: Still for sale, still $530,000, 20 days shy of its first anniversary. I guess the "must sell now" in the description is poetic license.

Update 10/20/08: Hilariously, it's back, for more money.



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This page contains a single entry by L. Opine published on April 19, 2008 1:47 AM.

Opportunity knocks--3221 Encinal Avenue, Alameda, CA was the previous entry in this blog.

Uncommonly ugly--749 Santa Clara Avenue, Alameda, CA is the next entry in this blog.

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