Bank owned--1811 Sherman Street, Alameda

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I vaguely remember this duplex at 1811 Sherman being on the market in the past couple of years (MLS(r) #40365538; no link until EBRD issues are resolved). First the specs:

2 units, each with 2 bedrooms, 2,320 sqft, $524,900

Bank owned. NOT A SHORT SALE. [...] Plenty of off street parking. No financial data available.
At $226 / sqft it is definitely priced to sell and should go really fast, unless there's something truly egregious about the building. The location isn't great, but at $524,900 it might actually cash-flow.

I'm curious about the sale history:

Sales History

Sale History & Tax Info
Sale History
03/25/2008: $465,000 *
09/14/2004: $250,000 *
05/22/2001: $300,000
No other sale data is available
* This transaction was not used in computing the Zestimate for this house due to anomalies we detected with this transaction. These anomalies 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.
That's two in a row. Hrm...





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This page contains a single entry by L. Opine published on August 28, 2008 11:48 AM.

NOT AGAIN--1626 Alameda Avenue, Alameda, CA was the previous entry in this blog.

95% off--221 Carson Street, Hercules, CA is the next entry in this blog.

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