Like a brand new house--992 Post Street, Alameda, CA
The 900 block of Post Street is one of the main island's more desolate spaces, dotted with some of the ugliest, most depressing post-war construction you're likely to see in this area. After what was evidently a failed attempt a year ago, 992 Post is back on the market as MLS(r) #40403453, with the following description:
The full-blown remodel probably cost a pretty penny. It's not as if this house was cheap the last time around:
Don't let the square footage fool you this ranch style home in Alamedas east end is compact but very livable. Completely remodeled in 2007 with upgraded custom granite counter tops in the kitchen and stainless steel appliances. [...] new plumbing, electrical, furnace, continous flow hot water heater and dual paned windows. [...] quiet no-outlet tree lined street within walking distance to top tier schools and great parks. It's like a brand new house
The full-blown remodel probably cost a pretty penny. It's not as if this house was cheap the last time around:It's now listed at $535,000, down a full $150,000 from last year's initial list price. If this is a flip gone bad, it is spectacular. We need a few more of those to make sure specuvestors stay out of the market for a few years. If not, why did the owners spend so much on a tiny house that evidently needed so much work, if they were likely to move so quickly, when all signs pointed to an impending market crash?Last sale and tax info
- Sold 10/03/2006: $550,000
- 2008 Property Tax: $6,921
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