Anchor what?--386 Anchor Way, Alameda, CA

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Today's Craigslist post is mostly interesting for the click-through experience once you land on the agent's site.

It's not obvious to me what is gained from posting videos rather than seachable, scannable, indexable, Google-findable plain text content, but that's only tangentially relevant.

The property listed in the post appears to be a fairly nondescript 1970s townhouse:

3 bedrooms, 1 1/2 bathrooms, 1,321 sqft, listed at $436,500
386-anchor-way.jpgNon-round numbers like $436,500 always raise the Red Flag of Repossession for me, and sure enough this townhouse was bought for way too much money (~$424 / sqft) near the peak of the bubble in 2005, and appears to have been subsequently repossessed and put back on the market for a whole $123,500 less (~$330/sqft), an impressive 22% drop in market value in just 3 years.

Sales History

Sale History & Tax Info
Sale History
07/24/2008: $468,453 *
08/18/2005: $560,000
09/20/2001: $325,000
No other sale data is available
* Transaction not included in Zestimate. This transaction was not used in computing the Zestimate [...] due to anomalies [... which] can include unusual document or transaction types, sales between possibly related parties, unusually high or low transaction prices, or other data irregularities that might indicate the transaction is not a full-value, arms-length transaction.
And on we go.

Thanks to astute readers who pointed out I already covered this property. It didn't have the video, though...



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This page contains a single entry by L. Opine published on August 22, 2008 11:50 AM.

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