Priced to sell--330 Hollister Ave, Alameda, CA
It might be the end of the selling season upon us forcing people to rush to list their homes, or a full moon, but it seems as though every third house in the Bayport development is for sale for less than it was purchased when it was build just three or four years ago.
Today's listing at 330 Hollister Avenue has the following specs:
At $638,000 ($288 / sqft) it's certainly priced aggressively and should be a nice comp resetter. This new price comes out to a $155,500 (20%) price drop compared to its initial sale price of $793,500 less than 4 years ago.
Add in the 6% agent commission and you're down to a yearly loss that equals what a lot of people earn in the same amount of time.
Well done.
Today's listing at 330 Hollister Avenue has the following specs:
4 bedrooms, 2 1/2 bathrooms, 2,219 sqft, ~3,500-sqft lot, MLS(r) #40428585, $638,000Close to BART should most definitely be qualified with "by Alameda standards"; if you're unfamiliar with our little town and expect BART accessibility on a par with Temescal in Oakland or the Mission in San Francisco, better look elsewhere.
Beautiful home built in 2005 [...] priced to sell! [...] highly desireable Harbor Collection Plan 4 [...] Charming master bedroom suite has walk-in closet and private upper deck with french doors. Close to BART, freeway, shopping, and more.
At $638,000 ($288 / sqft) it's certainly priced aggressively and should be a nice comp resetter. This new price comes out to a $155,500 (20%) price drop compared to its initial sale price of $793,500 less than 4 years ago.
Property History
| Date | Event | Price |
|---|---|---|
| Sep 29, 2005 | Sold | $793,500 |
Add in the 6% agent commission and you're down to a yearly loss that equals what a lot of people earn in the same amount of time.
Well done.
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