Circling the drain--250 Creedon Circle, Alameda, CA
I won't make a habit of writing about the dirt people in 94502, but when I saw this trophy McMansion come up for sale at a price that should make the owner sad, I just couldn't resist. 250 Creedon Circle (MLS #40326249) has been on the market for over 2 months at $1.55M:
As much as I love big huge old Victorians, which presumably were also "the perfect home [...] for great entertainment" and decadent as they come, something about these new gigantic homes with THREE MASTER SUITES rubs me the wrong way. Everything about them screams self-obsessed pamperism, to coin a phrase, and they're not even pretty. And the property tax alone ($22,085) is more than a whole year's rent for the Opine compound.
This particular one is listed at $1,550,000 just 3 years after selling for $1,539,000, and hopefully it'll drop some more and teach someone a lesson.
Update 10/17/08: sold for $1,266,000. Nice round $273,000 loss in just 3 years. Even folks who can ostensibly afford to buy a $1.54M house must notice a $91,000 / year hole in their bank account.
Be the proud owner of this highly upgraded home. Upgraded kitchen with high quality appliances, 2 br, 2 baths + 3 master suites. Custom built pre-wired media room. The perfect home for family, and for great entertainment
As much as I love big huge old Victorians, which presumably were also "the perfect home [...] for great entertainment" and decadent as they come, something about these new gigantic homes with THREE MASTER SUITES rubs me the wrong way. Everything about them screams self-obsessed pamperism, to coin a phrase, and they're not even pretty. And the property tax alone ($22,085) is more than a whole year's rent for the Opine compound. This particular one is listed at $1,550,000 just 3 years after selling for $1,539,000, and hopefully it'll drop some more and teach someone a lesson.
Update 6/8/08: price dropped to $1,490,000.ZESTIMATE®: $1,476,000
- Value Range: $1,298,880 - $1,697,400
- 30-day change: -$2,000
Last sale and tax info
- Sold 03/22/2005: $1,539,000
- 2007 Property Tax: $22,085
Update 10/17/08: sold for $1,266,000. Nice round $273,000 loss in just 3 years. Even folks who can ostensibly afford to buy a $1.54M house must notice a $91,000 / year hole in their bank account.
Miscellaneous