The eagle has returned--2524 Eagle Avenue, Alameda, CA
Reader maryjane asked:
What is the story on this house at 2524 Eagle Ave, I saw it today as a new listing on California moves. I'm sure I went to an open house here back in the fall of 2007? Any ideas?I too remember seeing that property last year. I don't know what happened to it then, but there's no transaction past 2003 on Zillow, so it must have come off the market and just been relisted. Here's what I did find, in addition to the original property site (same agent, interestingly):
$599,000, 2 bedrooms, 1 bathroom, 1,276 sqft, approx. 3,049 sqft lot
Previous photo removed pending resolution with EBRD, Inc.Excerpt of a photo of original site positioning itself squarely as a "weblog," not an officially sanctioned MLS listing site.
Googling the address reveals its previous list price ($619,000) and the fact it was listed fairly recently, since Trulia and Google and a lot of other sites still have a record in their indexes (I boxed the relevant bits in red):
Zillow mentions its previous sale in 2003 for $400,000:
and the original property listing site lists a host of recent and expensive improvements (showing only excerpt, not full description):
In case you're wondering about the absence of photographs and considerably truncated excerpts of property descriptions, read about our recent issues with East Bay Regional Data, Inc.
Zillow mentions its previous sale in 2003 for $400,000:Last sale and tax info
- Sold 04/10/2003: $400,000
- 2007 Property Tax: $5,532
and the original property listing site lists a host of recent and expensive improvements (showing only excerpt, not full description):
[...] Kitchen: Remodeled & permitted, December 07 with Craftsman style cabinets, stainless steel appliances, [...] granite counters. [...] Bathroom: Remodeled (permitted) [...] Roof: replaced in 2006 [...] Forced air gas furnace and ductwork installed 2005 [...] Seismic retro-fit completed 2007 [...] Copper plumbing & electrical upgrades [...]This listing has the interesting distinction of being in the "price drop" category on its very first day (back) on the market. I wonder if the sellers stand to make their money back--all that work must have cost a bundle.
In case you're wondering about the absence of photographs and considerably truncated excerpts of property descriptions, read about our recent issues with East Bay Regional Data, Inc.
2524 Eagle: This listing expired in July 24, 2008. So the listing agent reactivated it August 19, 2008. On the MLS, it is showing as a new listing. Generally, a listing has to be off the market at least 30 days before it can re-posted as a "new" listing.
According to the listing agent, Section 1 of the pest report was cleared, and all required permits and repairs were completed.
Welcome aboard, Alameda Realtor! It'll be great having a Realtor contributing to the conversations--I'm glad you're here.
2900 San Jose is a beautiful small house that just sold for $640K
11K OVER ASKING PRICE!
2524 Eagle Avenue first came on the market in Jan 08. The sellers had just completed a beautiful kitchen, bath & deck remodel. An offer was accepted in February, close of escrow delayed because someone reported the work had been done without permits. The city caused excessive & some unnecessary changes and slapped >$30K in fines on the sellers. The delays caused by the city to obtain permits resulted in the buyers cancelling (after hangning in for more than two and a half months...they loved the house)
They've since sold the home to the a relocation company.
The expired listing occured because of a paperwork delay from the relocation company. EBRD would not allow us to continue the previous listing and DOM because it was a new listing agreement.(WE TRIED!!!)
The home is beautiful and was just reduced to $574,850
I'm curious: since the original listing mentions "Kitchen: Remodeled & permitted, December 07," and since the unpermitted work was discovered after the listing first appeared January 2008, does that mean that the original listing falsely advertised the kitchen as permitted?