Even more waterfront for sale--3031 Marina Dr, Alameda, CA
This is getting out of control. Not five, not six, not seven, eight nine! houses on the Marina / Fernside waterfront are now on the market or in various states of pendingness. 3031 Marina Drive just appeared, with the following specs:
Redfin and other MLS(r) sites show this as a new listing, but ZipRealty says it was listed on 1/14/09 (2 months ago).
The sale history suggests this little 2+1 is probably almost paid off:
Appropriately, this "fabu" property is listed for a paltry $1,150,000, which not even the inflated price tag of its neighbor at 3045 Marina Drive rivals on a per-sqft basis ($921 / sqft v. $872 / sqft after $400K price drop for 3045 Marina Drive).
The waterfront must be crawling with yard signs.
2 bedrooms, 1 bathroom, 1,249 sqft, 5,016-sqft lot, MLS(r) #40399978(as of this writing, the MLS(r) description is a terse "Fabu").
Fabu
Redfin and other MLS(r) sites show this as a new listing, but ZipRealty says it was listed on 1/14/09 (2 months ago).
The sale history suggests this little 2+1 is probably almost paid off:
A little history shows what happened to nominal prices between 1987 and the late 1990s (not much), so if we generously call this a $400,000 house before the 21st-century price runup, you might think it'd fetch something in the low $600,000s today (around $500 / sqft because of the waterfront premium), which is consistent with the presumed assessment value the $6,283 property tax is based on.Last sale and tax info
- Sold 07/30/1987: $340,000
- 2008 Property Tax: $6,283
Appropriately, this "fabu" property is listed for a paltry $1,150,000, which not even the inflated price tag of its neighbor at 3045 Marina Drive rivals on a per-sqft basis ($921 / sqft v. $872 / sqft after $400K price drop for 3045 Marina Drive).
The waterfront must be crawling with yard signs.
Update 3/20/09: Now on Craigslist.
Miscellaneous