Solid--221 Central Avenue, Alameda, CA 94501
Few interesting new listings means few new posts. The most exciting new property to hit the market this week is this remarkably boring wartime west-ender at 221 Central:
4 bedrooms, 2 bathrooms, 1,323 sqft, 5,280-sqft lot, MLS(r) #40381893, $599,000Zip Realty says it's a short sale, and it sure looks like it:
Charming [...] Bungalow with a porch, hardwood floors, [...] kitchen with solid counter tops. Separate Garage/Workshop. [...] backyard with fruit trees and fenced front yard.
Why anybody would pay $600K ($447 / sqft) for a 1943 bungalow in that location is a mystery. Expecting essentially the same price 3 1/2 years later in this market (with a listing date in late November on top of that) just makes no sense at all, even with solid counter tops and a white picket fence. Drop it $150K and get it over with.Last sale and tax info
- Sold 05/05/2005: $600,000
- 2008 Property Tax: $7,750
I just rode by on my bike and this one has a pending sign now. I bet the buyer was impressed with the ready source of vandals just across the street. I know that always enhances the value of a $600k Jed Clampett shack. I wonder what the final price will end up.