Lots of amenities everyone loves--847 Santa Clara Ave, Alameda, CA
The recent bump in home prices has some sellers seeing dollar bills again, as evidenced by a large number of new listings in January and February and some truly silly prices.
Today's inflated asking price belongs to 847 Santa Clara Avenue, a pretty Victorian triplex with the following specs:
I saw this property when it was on the market in late 2006, and can confirm it is very pretty on the outside, but the lot is minuscule, the inside was less than inspiring at the time (it may have been improved), and the property is wedged between its two neighbors, one of which is a church.
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I don't remember there being any deeded parking or garage, either, which is somewhat of a problem for a triplex.
The property last sold for $700,000 in late 2006, and given what's been going on in the real estate market, you wouldn't necessarily expect to see it again for... $850,000. Yet that's exactly what the sellers are asking as of February 28. I'd wish them luck, but that would be disingenuous.
Today's inflated asking price belongs to 847 Santa Clara Avenue, a pretty Victorian triplex with the following specs:
3 units (studio + 1-br + 2-br), 2,230 sqft, MLS(r) #40452574 (Redfin doesn't have the active listing yet)
Queen Anne cottage residence [...] great conditiion with lots of amenities everyone loves. Hardwood floors in lower units. Studio with large kitchen & spacious bath. Upper unit w foyer, high ceilings, quait balcony off bedrm, [...] Close to school, libra. shopping
I saw this property when it was on the market in late 2006, and can confirm it is very pretty on the outside, but the lot is minuscule, the inside was less than inspiring at the time (it may have been improved), and the property is wedged between its two neighbors, one of which is a church.View Larger Map
I don't remember there being any deeded parking or garage, either, which is somewhat of a problem for a triplex.
The property last sold for $700,000 in late 2006, and given what's been going on in the real estate market, you wouldn't necessarily expect to see it again for... $850,000. Yet that's exactly what the sellers are asking as of February 28. I'd wish them luck, but that would be disingenuous.
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