Minus $681--1017 Holly Street, Alameda, CA

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Today's craigslist post is rather unremarkable. First the publicly available specs:

3 bedrooms, 2 bathrooms, 1,385 sqft, 5,152-sqft lot, $649,500 ($469 / sqft)

$649500 SINGLE LEVEL, EASY LIVING MEDITERRANEAN (alameda) (map)


Reply to: hous-827372508@craigslist.org [?]
Date: 2008-09-04, 1:27PM PDT


Great single level, easy living Mediterranean in Alameda's Bay Farm area. 3 bedrooms, 2 baths, newly painted interior, eat-in kitchen, wood floors, updated light fixtures, 2-car garage, large patio. Close to shops, restaurants, excellent schools, parks, golf, tennis, fitness club. Convenient commute, or use bus, BART, and ferry service to S.F.

1017 HOLLY STREET at Mecartney

1017-holly-street-alameda-craigslist.jpg
Given its sale history, today's list price is just $681 under the previous price. They'll break even if they get the buyer's and the seller's agents to chip in $340.50 each.

I suppose that's what you get when you buy an overpriced home. Turning around and selling it for about what you paid for it doesn't make it any less overpriced.

Last sale and tax info

Sold 12/02/2005: $650,181
2007 Property Tax: $8,184





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This page contains a single entry by L. Opine published on September 4, 2008 2:07 PM.

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