Quiet by the pool--965 Shorepoint Ct #211, Alameda, CA

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Earlier today I blogged about a condo on Shorepoint Court that's down 33% in real dollars since its last sale. As it turns out, there's competition right across the street, at 965 Shorepoint Court.

1 bedroom, 1 1/2 bathrooms, 773 square feet, $279,000, MLS(r) #40349068

[...] View of pool from both living and bedroom. [...] Very quiet complex. Clean and fresh unit.
The price has been dropped by a measly $10,000 already, and the unit has been on the market for a little over 3 months. It's smaller than its cousin at 960, but offers an extra half bath, for $39,000 more. The view of the pool is pitched as a bonus, but I'm not sure I want to see my HOA meeting cohorts in their Speedos (or hear the shrieks of their divorced spouses' children around the pool every other weekend) from both my living room and bedroom.

This unit was purchased for $239,000 in 2004, and I'll be surprised if they break even after commissions and the next inevitable round of price drops (because $361 / sqft is silly).

Last sale and tax info

Sold 04/27/2004: $239,000
2007 Property Tax: $3,509

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This page contains a single entry by L. Opine published on September 13, 2008 11:51 PM.

Must see to appreciate--960 Shorepoint Ct #208, Alameda, CA was the previous entry in this blog.

It's raining condos--2033 Otis Drive #B, Alameda, CA is the next entry in this blog.

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