Floweing--447 Lincoln Avenue, Alameda, CA

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This just in--a new "starter" bungalow at 447 Lincoln just appeared. You won't want to miss this one. Sweet, lovely, adorable and cozy. Remember it's a great time to buy--interest rates are at an all-time low, and prices are at historic lows too. You can't time the market. You will find out about the bottom when it is too late.

(excuse me for a moment)

(retching sounds)

A minuscule West End crackerbox on a busy section of Lincoln just showed up on pacunion (no link until EBRD issues are resolved). Known as MLS(r) #40367711, it has the following publicly-available specs:

2 bedrooms, 1 bathroom, 722 sqft, 2,616-sqft lot

Lovely starter [...] renovated interior. [...] parquet flooring. Kitchen is upgraded. Floweing plant in the backyard.
How much for all seven hundred twenty two square feet? A mere $519,000, or $719 / sqft.

(excuse me for a moment)

(maniacal hyena-like laughter)

447-lincoln-craigslist.jpg
The seller massively overpaid back in 2006 and is probably trying to find a greater fool to unload their cozy post-war breadbox on:

Last sale and tax info

Sold 03/17/2006: $530,000
2007 Property Tax: $6,895
They've got some serious competition right down the street (bigger, pretty, one more bedroom, $94,000 less).

This one will be fun to watch.

Update 9/10/08: It didn't take long to appear on Craigslist (typo in the address, but I'm pretty sure this is the one) at a lower price with a "short sale" label.

$499000 Lovely Starter Home - 2 Bedroom 1 bath (alameda)


Reply to: junsayrealestate@yahoo.com [?]
Date: 2008-09-10, 12:30PM PDT


477 Lincoln Avenue
Alameda CA 94501
$499k

• Lovely Starter Home
• 2 Bedroom 1 bath
• Parquet wood flooring
• Wood burning fireplace
• Gas Stove
• 1 Car garage
• Living space is 722 sq ft
• Lot size is 2616 sq ft
• Close to Schools
• Clean and bright
• Lots of upgrades
• Short Sale with Lender's approval


$499k

Associate Broker
Josie Junsay GRI, CRS, SBA

(510) 522-1362 OFFICE
(510) 938-5732 CELL
(888) 857-1621 FAX
junsayrealestate@yahoo.com

All information deemed reliable but not guaranteed




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About this Entry

This page contains a single entry by L. Opine published on September 7, 2008 11:27 AM.

Sold--1541 Paru Street, Alameda, CA was the previous entry in this blog.

78% in 4 years--1833 San Antonio Avenue, Alameda, CA is the next entry in this blog.

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