Results tagged “Broadway” from Knife Catchers
912 Broadway has the following specs and delicious first-person description:
4 bedrooms, 2 bathrooms, ~1,760 sqft, 5,120-sqft lot, MLS(r) #40301101, listed at $875,000An alternative listing has a slightly less cute wording:
LOVE TO ENTERTAIN PEOPLE? I am a perfect house for you. I have a beautiful backyard with a gorgeous lagoon, hardwood floor throughout, and a livng room with fireplace to cozy up on those cold winter nights.
Buried in Redfin's data, you might also notice very reasonable annual HOA dues ($475, or ~$40 / month).
Gorgeous lagoon home. Open floor plan, updated kitchen with granite counter tops/marble floors/stainless steel appl. Beautiful garden for entertaining. Excellent location, walking distance to beach, shopping center and transportation.
Recent screen captures indicate this house was still on the market until recently, and remained for sale for close to two whole years (look at the list date):
The sale history on Zillow shows one recent transaction in 2002, for $609,000.
According to multiple sources, this property finally sold for $600,000. That's $9,000 + probably $30,000 or so in commissions below the previous transaction price, and a whole 31% off the last list price.
The moral of the story? If an agent tries to talk you out of lowball offers, or says she doesn't want to insult the seller, fire her at once.
2 bedrooms, 1 bathroom, 1,353 sqft, 3,204-sqft lot, MLS(r) #40432306, $525,000 ($388 / sqft)
Charming craftsman home with two spacious bedrooms, fireplace, hardwood floors. [...] Bonus room in basement, perfect for relaxation, office or storage. [...]
There isn't much room to exercise in the yard, but with a couple of tennis courts a couple hundred feet away, who needs a yard?
The property sold for $590,000 in 2006, and again for $370,000 in August, 2009, the latter transaction being a trustee sale. This suggests whoever owns this property has some latitude to drop the price to a more reasonable level, because $388 / sqft for a yardless house on a busy street in October 2009 isn't going to cut it.
Property History for 1528 BROADWAY
|Oct 03, 2009||Listed||$525,000|
|Aug 14, 2009||Sold||$370,000|
|Nov 01, 2006||Sold||$590,000|
|Jun 07, 1993||Sold||$160,181|
5* bedrooms, 3 bathrooms, 3,500-sqft lot, MLS(r) #40405054, $579,900
* or 4, depending on where you look
Bank owned Victorian with lots of upgrades. Property [...] including a large master suite on a main level. Full basement [...] 3 bedrooms and 1 bath. A must see!
Ah, the fabled MLS rules, as truthful as Правда, as transparent as Гла́сность, as friendly as a Стул ведьмы. But thankfully we have them internets to help us out. It's not perfect, but it's something:
Property History for 2117 Encinal
Date Event Price Apr 15, 2009 Listed $579,900 Aug 30, 2008 Off Redfin * Jul 22, 2008 Price Changed * Jun 14, 2008 Listed * Jun 14, 2008 Off Redfin * Mar 14, 2008 Listed * Jan 12, 2004 Sold $648,000 Jun 12, 2002 Sold $340,000
*Per MLS rules, we cannot display prices from inactive listings.
So we know this house was on the market at some point in 2008 for $1,000 over its previous sale price in 2004. If the basement is fully built-out, I'd guess it's on the order of 2,200-2,500 sqft based on many similar high-basement Victorians I've seen, and so at just under $580,000 this property is now priced around $230-$265 / sqft, which means it'll likely sell quickly, especially if the inside is in good shape. Looks like the banks are finally getting it.
Update: After a little more checking, I found this house is 2,400 sqft (not bad for an armchair guesstimate) and the inside was "completely renovated," including a foundation job. This one won't last long, in spite of its small lot and its location on a busy (but not awful) stretch of Encinal.
2 bedrooms, 1 bathroom, 1,300 sqft, 2,590-sqft lot, MLS(r) #40404977, $402,000
Lovely Home in ALameda, Move in Ready w/ Bright ,light and Airy open plan.Hardwood floors, tile in Bonus rm.
Mr. Stephens might be the only person in the English-speaking world who can't spell "Broadway" properly.
That medium-sized house on a little lot is priced to sell, assuming the inside isn't wrecked, and its open house(s) will probably be "mobbed", to use the vernacular. It's still way too much money for such a boring house in a high-traffic location with practically no lot, but there's a fool born every minute willing to catch the knives thrown by even greater fools:
You read right, some bright bulb got themselves a Christmas present 3 1/2 years ago for $675,500 ($520 / sqft) and promptly proceeded to lose it, to nobody's surprise. They apparently tried to get rid of the house in March 2007 and had the gall to ask $699,500. It'll probably sell this time around, since the asking price is 43% off and flirting with reasonableness, but lower Broadway sure feels a bit crowded these days.
Sale History & Tax Info Sale History 11/12/2008: $577,494 * 12/23/2005: $675,500 10/24/1997: $210,000 No other sale data is available * Transaction not included in Zestimate. More info
2 bedrooms, 2 bathrooms. 955 sqft, MLS(r) #40403295, $325,000, $289 / month HOA dues
Resort and leisure lifestyle in the Laguna Hacienda condominium complex —mere steps from the beach and a short walk to Alameda Town Centre shopping center with easy access to public transportation. This condo has a wide balcony, and overlooks the courtyard, the pool and the lagoon. Amenities include six community laundry rooms for free use by residents. Covered parking with storage.
Condo features hardwood floors in the entry and kitchen. Some upgrades include newer appliances, mirrored closet doors, ceiling fans. Wood-burning fireplace. Security system.
This is a short sale. Seller’s loss, buyer’s gain.
Actually, it's the bank's loss, not the seller's, unless you're being persnicketily accurate and admit that the bank owns your house until it's paid off. The forgiven debt isn't taxable as income anymore these days, another brilliant idea pushed through Congress by the real estate lobby. The seller is only losing sleep and their FICO score.
The Craigslist post photos suggest the unit is already vacant, or occupied by the tidiest person in the world:
Which reminds me of...
This widdle condo sold for far too much just three years ago:
Last sale and tax info
- Sold 04/28/2006: $448,500
- 2008 Property Tax: $5,909
A low-interest, fully-amortizing mortgage is probably in the $2,000-$2,500 / month range for that purchase price depending on down payment and PMI. Add in $289 / month in HOA dues and $500 / month in property tax, and you're looking at a monthly outlay in the $2,800-$3,300 range. For 955 square feet. Meanwhile, you could rent bigger units up and down the waterfront in the same area for about $1,500 a month.
I suppose this helps answer the question I posed a little while back--what will happen to all those condos?
2 bedrooms, 1 bathroom, 1,010 sqft, 4,900-sqft lot, MLS(r) #40402677, $585,000 ($579 / sqft)
Striking Neo-classic Row House with full finished basement [...] Foyer,formal dining room, office off spacious eat in kitchen.Fresh interior paint throughout. [...] many fruit trees incl,fig,orange,apple,apricot and two plum.
Maybe there's just a car-sized crack in the common wall between these two "row houses". I'm also not sure about the "striking" part, unless the house is holding a giant mallet behind its back that you can't see in the picture.
The sale history suggests the owners have plenty of room to drop the price by the $200,000 it needs to drop by:
What makes anyone think their ugly, completely unremarkable post-Victorian house can command that kind of price in this market?
Last sale and tax info
- Sold 06/05/1998: $115,000
- 2008 Property Tax: $1,134
On to the specs.
2 units, 3 bedrooms, 2 bathrooms, 1,381 sqft, ~7,000-sqft lot, MLS(r) #40390078, $600,000(here's the "Neighboring 1885 fixer").
Classic Americana [...] Farmhouse. Legal duplex - convert back to single family? Excellent Otis Elementary (880 API) [...] Huge lot, park-like back yard, [...] sep office bldg + detached garage. [...] Neighboring 1885 fixer now transformed for inspiration.
You can see this property's slow price descent here:
I dug up my notes from my 2007 tour of the place. I haven't seen it since, so for all I know it's fabulous and all new inside now, but this is where it started from:
- Some hardwood floors, in bad shape
- Horrible old stinky carpet elsewhere
- Floors have noticeable tilt
- Downstairs bath: no sink, only a tub
- Upstairs kitchen looks like converted sun porch
- Tiny bedrooms
- Pronounced traffic noise
in front living room
- Foundation is old, brick-cement mix
- Legal little building in yard has 2 big rooms, but no bathroom or kitchen
- Huge detached garage for 2 normal cars (probably)
- Listed at $699,500 as of 12/16/2007.
The sale history certainly doesn't show anything that justifies a price above $250,000, which is about as much I'd be willing to pay:
Sale History 06/12/1998: $102,000 * No other sale data is available * Transaction not included in Zestimate. More info
$600,000 is obscene.
2 bedrooms, 1 bathroom, 1,260 sqft, 4,000-sqft lot, MLS(r) #40382108, $419,900First of all, it's not really an east end location--it's on the west side of Broadway. Second, I fail to see how a n ugly 1940s-era bungalow in
Great east end location. Needs TLC, but huge potential. [...]
and quickly proceed to do very little to fix it up and unleash its huge potential? Might it be because you paid way too much and ran out of money?
Last sale and tax info
- Sold 10/07/2005: $560,000
- 2008 Property Tax: $7,236
There appears to be an infinite supply of idiots running around loose and buying houses in Alameda. Be careful out there.
I find it interesting the agent devoted so much of the listing to the disclaimer--is there something more to this property than its "Original Charm"? Is that code for "Not updated since before the world knew Nixon was a crook"? It's also unclear why the RV appeal has such a prominent spot in the listing; what percentage of the buyer pool is RV access a selling point for?
$460000 2 Bed 1 Bath Aprox. 1392 SqFt / Large Lot Aprox. 6000 SqFt (alameda) (map)
Reply to: email@example.com [?]
Date: 2008-10-25, 9:15PM PDT
Open House Sunday 2-4PM. Original Charm! The large lot gives a long driveway, with possible class C RV access behind gate. The enclosed front porch waits for those relaxing afternoons. The living room and dining room have hardwood floors, built-in cabinets and seating. Through out the home is original architectural detail. Information deemed reliable, but not guaranteed. It is the responsibility of those who are interested to verify all information. Home being offered by Stagg Realty (510) 773-6160 Susan Stagg/Broker
1185 Broadway at San Jose
The house itself is somewhat decently sized, at 1,392 sqft on a 6,000-sqft lot, but it only has 2 bedrooms and 1 bathrooms. I suppose overnight guests can always sleep in the driveway and shower somewhere private on the 6,000 sqft at their disposal.
There's no sale history on Zillow, which likely accounts for the low list price ($460,000, or $330 / sqft). That said, the price wasn't always this low:
The property has been on the market as MLS(r) #40367294 since the first week of September and already dropped its price twice. RV owners must be a tough crowd.
Update 2/8/09: Sold for $350,000 (24% off).
2 bedrooms, 1 1/2 baths, 1,071 sqft, MLS(r) #40374497, $279,950
(try to ignore the non-sequitur-laden sentence structure of "With only 4 units, it’s well located to shopping and restaurants and its low HOA dues ($125 mo.) complete the package").
$279950 Open House Sat 10/11 1-4pm Townhouse Style Condo in 4-Unit Bldg. (alameda) (map)
Reply to: firstname.lastname@example.org [?]
Date: 2008-10-10, 5:35PM PDT
Open House Saturday, 1-4 pm. With townhouse privacy, this two-bedroom, bath and a half condo offers spacious bedrooms and a quiet location at the rear of a small, friendly community. With only 4 units, it’s well located to shopping and restaurants and its low HOA dues ($125 mo.) complete the package. At this price, with a little TLC, it’s a perfect first-time homebuyer opportunity.
Of course, Beelzebub only knows how much
Don't break out the streamers and silly hats just yet, though--the asking price still reflects fairly aggressive year-over-year appreciation expectations by the seller:
That works out to an average 7.5% y-o-y appreciation rate, which given the "TLC" requirements (code for "the owners did minimum maintenance in 10 years of ownership", I suspect) and the nosedive the market has taken in recent months is pretty high. Maybe they
Last sale and tax info
- Sold 05/29/1998: $135,000
- 2007 Property Tax: $2,567
Update 12/13/08: Sold in less than a week for $305,000.
3 bedrooms, 1 bathroom, 1,327 sqft, tiny approx. 2,600-sqft lot, MLS(r) #40374902, $598,000
(no description at all)
There isn't much to see on the Google Street View map, and aerially the only notable geographical information about this property is that it sits on a tiny corner lot at the busy intersection of Broadway and Encinal.
The last two sales are so recent they're easy to find on various sites (agent Joe LoParo; SFGate and again in 2006). Interestingly, only the 2005 transaction seems to have left a trace on agent sites.
Back in 2005, the property was described as:
Sale History 09/01/2006: $645,000 05/17/2005: $520,000 04/22/1997: $135,000
This 3/1 Needs Some TLC But Can Be A Great Family Home Partial Basement.[...]Based on the fire that caused an estimated $75,000 worth of damage in 2006, one imagines it might still need some TLC if it's anything like the other property that suffered $75,000 worth of fire damage around the same time:
Structure Fire on BroadwayDecember, 2006
On December 25, 2006 at 5:31 a.m., the Alameda Fire Department responded to a reported house fire at 1256 Broadway. Upon arrival fire crews found fire in a second floor bedroom extending into the attic. The department initially responded with three engines, two aerial ladder trucks, one ambulance and the Duty Chief. Fire crews made an interior attack on the second floor and in the attic area. A second alarm was requested and arrived on the scene. Fire cause is presently under investigation by Fire Investigator Captain Ken Rankin. Structural loss estimated at $75,000 and contents at $10,000.
It can't be fun to have a fire on your first Christmas in your brand new house, especially if you paid too much for it ($486 / sqft) just three months before. Equally fun is putting it back on the market two years later for $47,000 less (plus commissions and fire damage repairs).
Update 11/14/08: Price dropped to $575,000 this week, and this interesting graphic on ZipRealty:
Update 12/04/08: Price dropped to $535,000 this week.
Update 1/22/09: Price dropped to $499,000 on 1/12/09.
Update 9/28/09: Sold for $440,000. Jolly well done.