patrick.net

Berkeley....Insane....Need I say more.

APOCALYPSEFUCK is Shostakovich says

Who told you that number?

A Realtor® perhaps?

It's on Redfin as the sale price. Could be a mistake or a lie, but I handled paperwork for a friend when she had to move out of the country and sell her B-Hills home. A couple with apparently more money than sense paid $860K in 2008 for her fixer, so I know what people would pay. I was just thinking they wouldn't STILL be way overpaying.

Couple thoughts:

1.) X above "asking price" means nothing. X above "market value" based on comparables in the area starts to mean something. Asking prices under market value are common realtor tactics today. Don't be fooled.

2.) Notice that this property has a 17,000 sq-ft lot, the biggest on the entire block by far! Land is not easy to come by in Berkeley and I'm not surprised by this.

I agree with BA; this was probably bought for the land. And talk about threading the needle -- it looks like the property just skirts "potentially active slides".

As always do your research and like the one below.. ask the seller and their realtor why he thinks he deserves $250K instant appreciation.

Property History for 909 Route Blvd Key Route
Date Event Price Appreciation Source
Jun 21, 2012 Listed (New) $595,000 -- EBRD #40578752
Jan 06, 2012 Sold (Public Records) $337,000 -- Public Records

http://www.redfin.com/CA/Albany/909-Key-Route-Blvd-94706/home/1044913

Hmm, interesting, property shark has no record of the sale yet.

I have yet to fine ONE verification of these multi hundred thousand dollar sales over list.

http://www.propertyshark.com/mason/ca_alameda/Reports2/showsection.html?propkey=38764034