Welcome back, again--1611 San Antonio Ave, Alameda, CA

Sorry for the low post volume this week; not very many interesting listings coming on the market. Mostly relists like...

• 1527 Willow St (MLS(r) #40398697, $724,500), covered a month ago;
  
• 1626 Alameda Ave (MLS(r) #40398582, $1,145,000) with a new agent. The listing is always in ALL CAPS regardless of the agent representing the house, so I'm guessing the owner might have some control issues evidenced by their lack of sale in something like 10 years or more of trying to unload their "mansion";
  
• 538 Palace Ct (MLS(r) #40398372, $435,000), a sad, unrecognizably Victorian "duplex" I didn't have the heart to cover last year because it's so sad looking;
  
• 1612 Minturn St (MLS(r) #40398229, $545,000), covered a couple of months ago.
  

One relist I didn't cover is 1611 San Antonio, at the same idiotic high price at which it failed to sell last year:

$1059000 / 4br - Fabulous Gold Coast Property ~OPEN SUN~. 2PM-4:00PM (alameda) (map)

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Reply to: daveparkrealtor@gmail.com
Date: 2009-03-07, 7:32AM PST


Don't miss this fabulous 4bedroom 2bath turn of the century brown shingle home on a large deep lot in Alameda's exclusive Gold Coast neighborhood.

For more information visit www.1611SanAntonio.com

The listing history is sad (what little you can get from the MLS(r) anyway):

Property History for 1611 SAN ANTONIO Ave

Date	Event	Price
Jan 01, 2009	Listed	$1,059,000
Jan 01, 2009	Off Redfin	*
Sep 18, 2008	Listed	*
Sep 18, 2008	Off Redfin	*
Sep 13, 2008	Price Changed	*
Sep 08, 2008	Relisted	*
Jul 12, 2008	Relisted	*
Jul 10, 2008	Off Redfin	*
Jun 21, 2008	Price Changed	*
Jun 03, 2008	Relisted	*
May 27, 2008	Off Redfin	*
Apr 30, 2008	Listed	*

If I remember correctly, one of the price changes last year was from $1,095,000 to $1,059,000. The Google search results aren't conclusive, but I do remember thinking the price drop was silly:

I couldn't find a sale history for this property, so there should be room to drop significantly. Zillow's mostly useless Zestimates, which are usually much too high, have this house valued at $725,000 as of today, which is about right for...

4 beds, 2.0 baths, 2,148 sq ft, MLS(r) #40387468

I've only seen the outside, but trusted acquaintances tell me the house isn't in good enough condition to warrant a seven-digit price; supposedly lots of little annoyances and signs of age all over. I might just drop by an open house to confirm.

The Spite House's neighbor at 1343 Broadway (MLS(r) #40397569 and #40397471) came on the market this week, and I'll post on it when I have a chance to research it a little more. Also watch for a post on strategically-priced, sub-$1M 735 Palmera Court (MLS(r) #40398286), which is listed for considerably less than a neighbor a little while back, and a pointy, overpriced East-Ender at 1616 Cornell Drive (MLS(r) #40398284).