Condos: May 2009 Archives

Combover--1170 9th Street #13, Alameda, CA 94501

By L. Opine on May 8, 2009 6:41 AM |
Agent Broker Carol Burnett has taken on another listing whose pricing strategy makes one wonder. 1170 9th St #13 has the following itty bitty specs:

1 bedroom, 1 bathroom, 577 sqft, MLS(r) #40408593, $299,000

THE BEACHCOMBER COMPLEX IS ON THE LAGOON, BOAT DOCK AVAILABLE FOR CANOES, PADDLE BOATS. 1 BED , 1 BATH ON LOWER, ONE LEVEL, LARGE BACK YARD ENCLOSED WITH FENCES FOR DOG, AND ENTERTAINING. , NO STAIRS OR HALLWAYS FROM PARKING SPACE TO CONDO. BEAUTIFUL POOL AND DECK AREA.
If Ms. Burnett didn't make a habit of typing all in caps all the time, one might think this listing was trying to make up for its tiny size by shouting at potential buyers.

At $299,000 ($518 / sqft), this condo is priced just right to languish on the market until the geese come home. The sellers overpaid 6 years ago, so it makes sense for them to look for someone else willing to overpay.

Property History for 1170 9TH St #13

Date Event Price
May 06, 2009 Listed $299,000
Aug 25, 2003 Sold $233,000
Good luck.
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