Lots of cabinets--310 Bryant Avenue, Alameda, CA

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A side effect of completing a sold-out housing development at the top of a housing bubble is that, when the market turns sour, an entire subdivision is underwater all at once. This week's McMansionette at 310 Bryant Ave has the following specs:

4 bedrooms, 2 1/2 bathrooms, 2,925 sqft, 4,013-sqft lot, MLS(r) #40400068, $799,000

Master developmnt [...] W/ Newer elementary Sch. Spacious Private sunny courtyard & backyard w/ morning & afternoon sun. [...] Extra large master suite. [...] Formal dining rm w/ spacious kitchen & lots of cabinets. Big family Rm. Anderson window.

310-bryant-street-view.jpg
The sale history might be a lesson for future buyers:

Property History for 310 BRYANT Ave

Date Event Price
Mar 14, 2009 Listed $799,000
Aug 19, 2005 Sold $861,000
But we know all too well home buyers aren't exactly the most prudent type, so somebody will probably think this is a great bargain at $273 / sqft and buy it near list price in the worst down market in US history. Oh well.
 

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This page contains a single entry by L. Opine published on March 14, 2009 11:53 AM.

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