One of the largest prices--2118 Mosley Avenue, Alameda, CA
Alameda's West side, right by the college and the lovely infected superfund area by the naval base, has seen a rash of expensive McMansion developments over the past few years. Some were in full swing right around the time the market crashed, and now we're seeing gigantic luxury eyesores flooding the market and competing directly with the unsold inventory (and each other):
I've been ignoring them mostly because they're such hateful monstrosities, but there are too many of them now for me to miss out on a snarky opportunity. So here goes lovely 2118 Mosley Avenue (MLS(r) #40340226).
Here are the specs: 4 bedrooms, 3 1/2 bathrooms, 3,423 sqft, 5,173 sqft lot, listed April Fool's Day, 2007
I've been ignoring them mostly because they're such hateful monstrosities, but there are too many of them now for me to miss out on a snarky opportunity. So here goes lovely 2118 Mosley Avenue (MLS(r) #40340226).
Here are the specs: 4 bedrooms, 3 1/2 bathrooms, 3,423 sqft, 5,173 sqft lot, listed April Fool's Day, 2007
I suppose it's nice enough if you're into that sort of thing, and it's priced to sell at $283 / sqft:
[...] Beautiful. Over $100k in upgrades. One of the largest plans [...] Intercom [...] Stainless steel appliances, granite counters, island.[...] Surround sound blt in. [...] Jetted tub in master, loft. 3 car garage. [...]
And what a deal! A 3-year-new house for only $2,880 more $47,120 less $67,120 less than the original price! Here's the price history:
Update 8/23/2008: Relisted as MLS(r) #40364968 with a massive price drop to $849,900. That's Wowza. I guess all those 8s in the old prices didn't help you sell, so maybe a $188,980 total price drop will.
Update 12/22/08: Sold for $860,000.
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Dropped from $1,038,880 to $988,880 in early May, 2008
Dropped from $988,880 to 968,880 in early June, 2008
Amusingly enough, the property tax alone is almost the cost of my yearly rent.Last sale and tax info
- Sold 07/28/2005: $1,036,000
- 2007 Property Tax: $13,819
Update 8/23/2008: Relisted as MLS(r) #40364968 with a massive price drop to $849,900. That's Wowza. I guess all those 8s in the old prices didn't help you sell, so maybe a $188,980 total price drop will.
Update 12/22/08: Sold for $860,000.
Announcement: read about EBRD, Inc.'s DMCA content removal complaint against this blog
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