It’s a new month, Spring Bounce is just around the corner, and the Real Bay Area continues to be awesome sauce. But what about those outside the Zone of Ever-Climbing Real Estate Values? Let’s check in with Burbed reader J from Alameda, who found something in the treat bag for us.
1315 Court St
Alameda, CA 94501
Loan Payment: $3,377/mo
Size: 3,193 sqft
Type: Single Family House
Year Built: 1905
Lot Size: 4,000
Days on Movoto: 14 days
Beautiful Remodel. New Kitchen with Granite and SS appliance. Shining New Bathrooms remodeled w/ Marble. Elegant Dark Engineered wood floors. New Plush Carpet. New Paint Inside & Out. New Roof. All make this property shine. Open House Sat 1-4
Good news! We’d hoped a house that’s 107 years old would have at least one appliance eligible for Social Security. Better buy it quick before Congress decides to implement Dishwasher Death Panels. We hope the paneling will match the engineered floors.
Here’s what J thought about this property:
Here is a question to ponder: investor buys house. Puts some money into it. Then ups the price – was it $400,000? No, more. Be that as it may, for that huge profit, do you think they could hire a real photographer? One with a clean lens (photo 9)? Who can take a bathroom photo without appearing in it (photo 10)? This is in a lovely neighborhood but I predict it will sit. Something about that 3,000+ sf house on a 4,000 sf lot does not bode well.
It looks like its raining in photo 9.
It’s raining instant equity! Bunus: Buy this house for almost a million dollars and you get to choose whatever washer and dryer you want! That’s right, hookups only. Super Bunus: Zillow sez: “This home is done! Just move in your belongings!” Laundry appliances are belongings, too.