EZ 4clozhur--2253 Clinton Avenue, Alameda, CA
WTF is up w/ those abbrev. posts on MLS(r) sites? Today's listing has "ez acces to parks."
I remember seeing this mini Vic on the market not that long ago, and indeed it has sold twice over the past 3 1/2 years, not counting its latest run-in with the bank (data courtesy of the excellent Bay Area Sold Homes site):
The earlier transaction made the agent proud:
We sold it for way over asking! Yay us! Of course that was the responsible thing to do, since $475,000 for 888 sqft (a mere $535 / sqft) is such an incredible deal. Things had turned sour a couple of years later, as the property sold for $525,000 (a steal at $591 / sqft) after being listed for $549,000 in late 2006; it didn't sell until August, 2007 (my emphasis):
And now, guess what, we're in foreclosure (screenshot edited for size; removed one panel). It sure didn't take long.
Darwin: 1, dumb homebuyers: 0.
Now we're down to $311 / sqft, which is still on the high side, but considerably more reasonable. Expect a bidding war and a quick sale over asking for this widdle guy.
Oh, and those other handkerchiefs on Lincoln struggling in the $400k-$500k range? They're toast with a new comp like this.
This is an excellent development. Watch for more of these in the scary upcoming holiday season.
Update 12/11/08: Sold for $400,000.
Excellent Home buying opportunity [...] Adorable 1 bed and 1 bath fully detach victorian nestled on a traquil tree line st with ez acces to parks, [...] one of the LOWEST priced homes is Alameda and a great condo alternative on a Huge lot.This abbreviated listing is for an abbreviated home with the following abbreviated specs:
1 bedroom, 1 bathroom, 888 sqft, 3,750-sqft lot, $276,500, MLS(r) #40368605 and #346373
(map)
I remember seeing this mini Vic on the market not that long ago, and indeed it has sold twice over the past 3 1/2 years, not counting its latest run-in with the bank (data courtesy of the excellent Bay Area Sold Homes site):
08/12/2007 | 2253 Clinton Avenue | $525,000 | 1 | 888 | 1895 | Alameda | 94501 |
05/29/2005 | 2253 Clinton Avenue | $475,000 | 1 | 888 | 1995 | Alameda | 94501 |
We sold it for way over asking! Yay us! Of course that was the responsible thing to do, since $475,000 for 888 sqft (a mere $535 / sqft) is such an incredible deal. Things had turned sour a couple of years later, as the property sold for $525,000 (a steal at $591 / sqft) after being listed for $549,000 in late 2006; it didn't sell until August, 2007 (my emphasis):Open Homes for the Weekend of Oct. 7 and 8, 2006
Information on open homes listed below was gathered by the Alameda Sun for the purposes of providing prospective real estate buyers a place to start their search. The Sun does not guarantee the accuracy, timeliness or completeness of the information. To list your property on this page or www.alamedasun.com, call 263-1472.
1437 Morton St. $259,000 Sunday 2-4 1433 Morton St. “B” $315,000 Sunday 2-4 955 Shore Point Court #212 $325,000 Sunday 2-4 2133 Santa Clara Ave. #212 $398,000 Sunday 2-4 1533 Pacific Ave. $450,000 Sunday 2-4 2137 Otis Drive #209 $475,000 Sunday 2-4 1816 Chestnut St. $495,000 Sunday 2-4 1033 Verdemar Drive $520,000 Sunday 1:30-4:30 1033 Verdemar Drive $520,000 Saturday 1:30-4:30 2253 Clinton Ave. $549,000 Sunday 2-4
And now, guess what, we're in foreclosure (screenshot edited for size; removed one panel). It sure didn't take long.
Darwin: 1, dumb homebuyers: 0.Now we're down to $311 / sqft, which is still on the high side, but considerably more reasonable. Expect a bidding war and a quick sale over asking for this widdle guy.
Oh, and those other handkerchiefs on Lincoln struggling in the $400k-$500k range? They're toast with a new comp like this.
This is an excellent development. Watch for more of these in the scary upcoming holiday season.
Update 12/11/08: Sold for $400,000.
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