Great buy!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!--2524 Buena Vista Ave, Alameda, CA
Today's listing is mysterious (MLS(r) #40375723). The property description has more exclamation points (10) than letters or spaces (9):
fraudulent jacked-up appraisal for tax purposes, although I'm not sure why I'd participate in some funky scheme for the privilege of paying over $7,000 in property tax. Whatever the case may be, there is no way in hell a small bungalow on a small lot on a mediocre part of a sub-prime avenue was ever worth close to $770,000, so something fishy is going on.
Whatever the case may be, though, this great buy is listed for less than was paid for it not just the last time around, but the time before that as well, which is a first on this blog.
Great buy!!!!!!!!!!The house itself is a hair over 1,000 sqft (on a 2,970-sqft lot), yet it boasts 2 stories, 4 bedrooms and 3 bathrooms. It's currently listed at $545,000. It makes me wonder if it's just a shotgun house that someone stood upright (no good photos available). The public records on Zillow indicate only 2 bedrooms and 1 bathroom, and a bizarrely expensive transaction in 2007:
Maybe the 2007 transaction was some intra-family transfer with a
Sale History 10/04/2007: $770,000 * 12/29/2004: $550,000 01/07/1999: $167,318 05/18/1993: $149,500 * Transaction not included in Zestimate.
Whatever the case may be, though, this great buy is listed for less than was paid for it not just the last time around, but the time before that as well, which is a first on this blog.
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