High-end designer Victorian kitchen--1230 College Avenue, Alameda, CA
A cute little Victorian cottage built in 1885 just came on the market this week. 1230 College Avenue has the following specs:
At any rate, the owners are probably already losing money even if the house sells at full price, having paid close to $700,000 five years ago:
If the 16.5% yearly appreciation rate between 1998 and 2004 doesn't convince you we were in a bubble of immense proportions (compare to the normal 4.5% y/y appreciation between the previous two sales in 1988 and 1998), I can get you an incredible deal on a gross of tulip bulbs.
3 bedrooms, 2 bathrooms, 1,641 sqft, 6,348-sqft lot, MLS(r) #40431531, $745,000At $454 / sqft it's largely overpriced, although its East End location will probably have someone go ga-ga and pay full price. The lot is large and the house looks beautiful from the outside, although the Terminator kitchen is a disgrace and completely incongruous in a 124-year-old house.
completley restored historic victorian. [...] plank floors and high end designer kitchen. Period detail throughout with a wonderful formal dining room. High ceilings built-ins and a family room off the kitchen. [...] There is an over sized usable landscaped yard
At any rate, the owners are probably already losing money even if the house sells at full price, having paid close to $700,000 five years ago:
Property History for 1230 COLLEGE Ave
| Date | Event | Price |
|---|---|---|
| Sep 29, 2009 | Listed | $745,000 |
| Nov 23, 2004 | Sold | $697,000 |
| Aug 04, 1998 | Sold | $278,500 |
| Mar 03, 1988 | Sold | $178,500 |
If the 16.5% yearly appreciation rate between 1998 and 2004 doesn't convince you we were in a bubble of immense proportions (compare to the normal 4.5% y/y appreciation between the previous two sales in 1988 and 1998), I can get you an incredible deal on a gross of tulip bulbs.
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