Frankenbungalow--562 Lincoln Ave, Alameda, CA
Today's bungalow at 562 Lincoln is quite something, judging by its description on craigslist. First, the specs:
$450,000 for 803 sqft is $560 / sqft, which is about $200 / sqft too high (i.e. the house should be priced around $290,000).
It seems the owners realize the house is way too small for normal human beings to live in, as evidenced by their hijacking of miscellaneous spaces: the dining room is really a bedroom, complete with a super-classy mirrored closet, which is really handy to store your giant napkin, place mat and tablecloth collection:
2 bedrooms, 1 bathroom, 803 sqft (!), 3,280-sqft lot, MLS(r) #40394216, $450,000
Built in 1924, this simple bungalow was adapted to its owners needs through the years. They enclosed the front porch. They turned the dining room into a bedroom that can be easily restored into a dining room by opening the door separating it from the kitchen.
The detached garage was converted into one large room with its own private bath thus providing private quarters for a member of the household. The total square footage does not reflect this expansion.
The hardwood floors were recently refinished. and new double pane windows were installed.
The fenced yard has several fruit trees and rose bushes. And the carport is covered.
$450,000 for 803 sqft is $560 / sqft, which is about $200 / sqft too high (i.e. the house should be priced around $290,000).
It seems the owners realize the house is way too small for normal human beings to live in, as evidenced by their hijacking of miscellaneous spaces: the dining room is really a bedroom, complete with a super-classy mirrored closet, which is really handy to store your giant napkin, place mat and tablecloth collection:
The front porch is enclosed in case you might want to read without disturbing your partner in the bedroom; and you can't actually park your car in the garage--that's actually a bedroom. Non-permitted, apparently, as "The
total square footage does not reflect this expansion." Permitted, just not filed (thanks to the agent for the correction).
In fairness, the newly refinished floors look really pretty in the pictures, but that's really all this tiny Tupperware container has to recommend it. The 500 block of Lincoln isn't exactly a prime location, location, location.
The owners have evidently owned this property for a long time and should have plenty of wiggle room on price, but I wouldn't hold my breath for a significant drop given their moronic starting price:
And, Ms. Dimacali, a carport is covered by definition; an uncovered carport is called a driveway.
Update 3/11/09: This property is now in the "vibrant West End."
I can think of a lot of words to describe the 500 block of Lincoln, and "vibrant" isn't on the list.
Update 9/28/09: Sold for $410,000.
In fairness, the newly refinished floors look really pretty in the pictures, but that's really all this tiny Tupperware container has to recommend it. The 500 block of Lincoln isn't exactly a prime location, location, location.
The owners have evidently owned this property for a long time and should have plenty of wiggle room on price, but I wouldn't hold my breath for a significant drop given their moronic starting price:
Zillow's Zestimate is $367,000 today, which is also too high, but much closer to what this property should be listed at. Anyone paying more than $300K for this bungalow deserves scorn and ridicule. Especially considering it's not hard to find properties (Craigslist post) at the same price point that are considerably larger.
Sale History 06/13/1980: $72,000 * No other sale data is available * Transaction not included in Zestimate
And, Ms. Dimacali, a carport is covered by definition; an uncovered carport is called a driveway.
Update 3/11/09: This property is now in the "vibrant West End."
$450000 Sunny Bungalow in Vibrant West End (alameda)
Reply to: hous-na9wq-1069991398@craigslist.org [Errors when replying to ads?]
Date: 2009-03-11, 7:21AM PDT
I can think of a lot of words to describe the 500 block of Lincoln, and "vibrant" isn't on the list.
Update 9/28/09: Sold for $410,000.
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