MANY CUSTOM FEATURES--628 Glenwood Isle, Alameda, CA
Maybe agent Alice Garvin has been on vacation for the past two years and just gotten back into the real estate game. Or maybe she's not paying attention. What else would account for her pricing strategies, which appear to assume mid-2000s appreciation rates still apply and a price per square foot well north of $500 is actually a good idea?
628 Glenwood Isle has the following specs:
The property is located at the end of one of those silly fingers on the landfill side of the lagoon and boasts a great view of the hospital parking lot.
At $529 / sqft and a price tag well above $1M, it will likely take a goodly amount of time to sell, as it should, unless the sellers take advantage of what should be substantial equity (if not a fully paid-off house) to drop the price by, say, $400,000 or so.
Even notoriously over-enthusiastic Zillow values this house around $800,000, which given its size and location is much closer to a realistic value in today's market (not that $800,000 for a boring rancher on landfill is reasonable, mind you, but it beats $1.15M with a stick).
628 Glenwood Isle has the following specs:
3 bedrooms, 2 1/2 bathrooms, 2,174 sqft, 6,298-sqft lot, MLS(r) #40429196, $1,150,000 ($529 / sqft)
LARGE HOME ON LARGE [...] MANY CUSTOM FEATURES.PAVERS IN DRIVEWAY & WALK.SIDE YARD & BACK PATIO ON WATER.EXTRA ROOM COULD BE OFFICE [...]
The property is located at the end of one of those silly fingers on the landfill side of the lagoon and boasts a great view of the hospital parking lot. At $529 / sqft and a price tag well above $1M, it will likely take a goodly amount of time to sell, as it should, unless the sellers take advantage of what should be substantial equity (if not a fully paid-off house) to drop the price by, say, $400,000 or so.
Property History for 628 Glenwood Isle
| Date | Event | Price |
|---|---|---|
| Sep 14, 2009 | Listed | $1,150,000 |
| Dec 01, 1975 | Sold | $82,000 |
Even notoriously over-enthusiastic Zillow values this house around $800,000, which given its size and location is much closer to a realistic value in today's market (not that $800,000 for a boring rancher on landfill is reasonable, mind you, but it beats $1.15M with a stick).
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