Sparkle--386 Anchor Way, Alameda, CA

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Today's new listing is a good-sized condo on Anchor Way, a short street in the East End near the bay/bird sanctuary (MLS #40360023). The specs are fairly unremarkable:

3 bedrooms, 1 1/2 bathrooms, 1,321 sqft, built in 1972, listed in early August, 2008 for $436,500

[...] at ravenscove. With some tlc it will sparkle. [...]
The location is nice and quiet, although the architecture (or lack thereof) of the surrounding homes doesn't have much to recommend it. But if you buy this non-sparkly condo, you get a nice break off its 2005 price:

Last sale and tax info

Sold 08/18/2005: $560,000
2007 Property Tax: $7,060
A 22% loss in under 3 years? That's pretty epic.

Astute readers pointed out this is the same unit I wrote about again just yesterday.




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This page contains a single entry by L. Opine published on August 1, 2008 10:35 PM.

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