The $800K bargain--140 Justin Circle, Alameda, CA

| | Comments (0)
Real estate agents must use a special dictionary. In mine, a "bargain" is a good deal, a product that can be obtained for less money than other comparable products, or for less than you would normally expect to pay for it in general. A house priced around $800,000 rarely qualifies. Especially with the following specs:

3 bedrooms, 2 1/2 bathrooms, 1,736 sqft, 4,050-sqft lot, MLS(r) #40355249, $799,000, listed 7/10/08

$799000 Bargain 4 Bedroom home in Harbor Bay (alameda)


Reply to: rliu@hbrinfo.com [?]
Date: 2008-09-19, 2:27PM PDT


Sunny southern special floorplan w/High ceiling. Large private backyard. Newer designer paint. Good Size driveway. Close to Shoreline, park, & school. Wider st. attractive move-in condition.

Must See!!

Open House Sun 9/21 2-4 pm
Harbor Bay Realty
Ringo Liu
510.814.4848

140-justin-circle-craigslist.jpg
Ringo: $460 / sqft is not a bargain. In fact it's arguably too expensive by a factor of 2. And "designer paint" doesn't really cost any more than the odd bucket of Behr.

The sale history is littered with non-arms-length transactions:

Sales History

Sale History & Tax Info
Sale History
06/30/2005: $150,000 *
04/07/1987: $204,000 *
No other sale data is available
* Transaction not included in Zestimate
I suspect the listing history will also be littered with price drops.

Update 10/31/08: Indeed. Down to $775,000.


Leave a comment

Recent Comments

About this Entry

This page contains a single entry by L. Opine published on September 19, 2008 3:28 PM.

Peachy--1201 Peach Street, Alameda, CA was the previous entry in this blog.

No way, Jose is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.