Adorable--1438 5th St, Alameda, CA
Ms. Bobbi Vogel is a very personable, hard-working agent who seems to get a lot of overpriced listings. Today's Craigslist post isn't even on the market yet, but you can already tell it's doomed to drop at least once it it wants to sell.
Of course the owners may not have the luxury of being able to take a loss:
Update 5/12/09: Bobbi Vogel has a sense of humor and updated the Craigslist post. That made me laugh out loud, so thanks for the chuckle:
2 bedrooms, 1 bathroom, 834 sqft, 2,700-sqft lot, $499,000Oops, sorry:
Adorable little bungalow, completely renovated from the foundation up to the roof! Although it is only 834 square feet, it's a spacious little place with an open floor plan. Both bedrooms are a nice size, open and bright kitchen with all new appliances and tile flooring. This little place even has a formal dining room with ample room for a good size table. Cute yard just waiting for your green thumb! Look for an open house soon!
Of course the owners may not have the luxury of being able to take a loss:
But I'd guess that's already happening. Buying a tiny house in an ok neighborhood at the top of the market and proceeding to sink a bunch of money into it to renovate it from top to bottom is rarely a winning proposition. What possesses anybody to spend $534 / sqft on a sub-900-sqft fixer, I have no idea. The same faulty brain that makes them believe the same dollhouse is now worth $598 / sqft, I suppose.Last sale and tax info
- Sold 09/08/2006: $445,000
- 2008 Property Tax: $5,828
Update 5/12/09: Bobbi Vogel has a sense of humor and updated the Craigslist post. That made me laugh out loud, so thanks for the chuckle:
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