Terrific--3247 Sterling Avenue, Alameda, CA
Sterling Avenue is known as "Bungalow Boulevard" (at least that's what a listing on that street said), and a cursory look at a map bears this out. This means two things: one, the street looks all quaint and pretty; two, the comps are right under your nose. And given the difficulty 3240 Sterling had selling earlier this year, it doesn't bode well for today's new listing, just across the street (MLS #40348386, 3247 Sterling).
At 1,437 square feet, and what seems like a larger (or improved) interior space, its neighbor is not exactly a comp, but the lots appear to be identical:
What's more interesting is that unlike its neighbor at 3240, today's listing is starting at $608,000, below its previous purchase price. Perhaps the owners took note of their neighbor's tribulations and price drops and decided to spare themselves the trouble?
Update 6/22/08: Price dropped to $594,000 this week.
Update 8/29/08: Sold for $582,500 in late July, 2008. That's $46,500 (7%) off the 2006 sale price, not counting agent commissions.
FIRST TIME OPEN! SAT&SUN 6/14-15 2-4pm. Amazing wood & beautiful built-in cabinetry in this terrific Craftsman bungalow with 2+ bedrooms & 2 baths (bed/bath on main level; Master Suite on Upper Level). Formal Entry, Living & Dining Rooms w/Hardwood Floors & period details. Fireplace; Detached garage
At 1,437 square feet, and what seems like a larger (or improved) interior space, its neighbor is not exactly a comp, but the lots appear to be identical:| Property Information | |
|---|---|
| Street Number: | 3240 |
| Street: | Sterling Ave |
| City: | Alameda |
| Zip Code: | 94501 |
| Beds: | 2 |
| Baths: | 1 |
| Year built: | 1920 |
| Sqft: | 1,194 |
| Lot Size: | 3,422 |
| Property Information | |
|---|---|
| Street Number: | 3247 |
| Street: | Sterling Ave |
| City: | Alameda |
| Zip Code: | 94501 |
| Beds: | 2 |
| Baths: | 1 |
| Year built: | 1918 |
| Sqft: | 1,437 |
| Lot Size: | 3,422 |
What's more interesting is that unlike its neighbor at 3240, today's listing is starting at $608,000, below its previous purchase price. Perhaps the owners took note of their neighbor's tribulations and price drops and decided to spare themselves the trouble?
| Sales History | |
|---|---|
| Historical home sale price (1): | $629,000 |
| Prior sale date: | Jul 31, 2006 |
| Historical home sale price (2): | $475,000 |
| Prior sale date: | Jun 18, 2003 |
| Change since this sale (2): | +32% |
| Historical home sale price (3): | $104,000 |
| Prior sale date: | Nov 10, 1998 |
| Change since this sale (3): | +505% |
Update 6/22/08: Price dropped to $594,000 this week.
Update 8/29/08: Sold for $582,500 in late July, 2008. That's $46,500 (7%) off the 2006 sale price, not counting agent commissions.
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