And so it goes--3321 Central Avenue, Alameda, CA
3321 Central Avenue just reappeared on the MLS (MLS #342953, previously known as MLS #40290048) today for $565,000:
What didn't look familiar was the new price, which seems a little low considering how large the property is (1,489 sqft). This is what I remembered:
Update 6/24/08: This property is now on craigslist with the following copy:
Update 10/5/08: Sold for $576,000, $174,000 less than its previous price in 2005 (23%).
Spacious 3 bedrooms, 2 full baths East-end single level rancher. Rear bedrooms each have decks and access to secluded rear yard. Long driveway, detached garage, and gardening shed. Hardwood floors, upgraded master bath, fireplace, and steps away from San Leandro Bay shoreline.I knew this "new" listing looked familiar: a little digging on Zillow reveals the old MLS ID and the following picture:
What didn't look familiar was the new price, which seems a little low considering how large the property is (1,489 sqft). This is what I remembered:And:
If $185,000 goes up in smoke and no one's there to miss it, does it have a smell?Last sale and tax info
- Sold 09/15/2005: $750,000
- 2007 Property Tax: $9,193
Update 6/24/08: This property is now on craigslist with the following copy:
Sorry, unrepresented principals only (without an agent)!!!If not a fixer and not a short-sale, then what is it? A pump-and-dump in reverse?
Previously sold for $750,000 in 2005!!! This is not a fixer, not a short-sale!
Great location near Fernside, East Shore. Walk one block to the water!
Two back bedrooms (one master) leads out to back porch deck to yard.
Built 1953
Square footage approximately 1489
Detached garage for 2 S/S. Contact agent 510-373-3228
Update 10/5/08: Sold for $576,000, $174,000 less than its previous price in 2005 (23%).
Great to have you back! And just in time, there are another wave of houseboats popping up on craigslist. Can someone please explain the economics of those to me?
Thanks! Those "floating homes" have been a puzzle to me too. Maybe it's not about the economics, it's about "the lifestyle"? E.g. a damp, colder, rocking environment and annoying marina neighbors?