3 ms·
This was apparently a record sale price for the size in our area just a few weeks ago: https://www.redfin.com/CA/Albany/815-Santa-Fe-Ave-94706/home/2006746 htt
by joshrotenberg 11y ago
This was apparently a record sale price for the size in our area just a few weeks ago:
https://www.redfin.com/CA/Albany/815-Santa-Fe-Ave-94706/home/2006746 https://www.redfin.com/CA/Albany/815-Santa-Fe-Ave-94706/home...
Granted, what was there was nice enough (all 1100 sq/ft of it), but over $1M for a 2/1 ... it's just insane right now. It was listed for $749k. The overbidding situation seems to regularly bring in multiple (as in 10-20) offers for a house.
- dlubarov 11y agoSounds pretty cheap compared to South Bay homes! Like this 776 sqft "opportunity to do a remodel" which went for 1.75M: http://www.zillow.com/homedetails/133-Coleridge-Ave-Palo-Alto-CA-94301/19497074_zpid/ http://www.zillow.com/homedetails/133-Coleridge-Ave-Palo-Alt...
- joshrotenberg 11y agoWow!
- AreaGuy 11y agoWow... and the last time it sold was for $34,000 in 1975. That's a 10.4% annual return per year for 40 years. That's better than the 8.2% returned by the S&P 500 over the same period.