52Fair price
2101 Shoreline Dr #425
ZIP 94501, Alameda, CA · 94501
$595,000 ~at market (-2%)
2 bd · 1.5 ba · 1,015 sqft · $586/sf
HOA $661/mo · 🏢 HOA report → · Floor 4 · 7 days on market · built 1974
⚖️ Adjusted valueFairly pricedasking is +7% over fair value
Model fair value · 7 sold comps · ±7%$546,100
vs model fair value · size · beds/baths · age · HOA · location+9%
Condition · Avg / verify in person0
Price history · ≈19% below its peak−2%
✅ Positives
- Upper floor (fl 4)
- In-unit W/D
- Garage parking
- Low HOA (1.3%/yr)
⚠️ Cons
- HOA $661/mo
🚩 Red flags
- HOA rising ~9%/yr in this building ($435/mo in 2021 → $673)
- Listed BELOW its 2022 sale ($725k) → value eroding
Photos
Price history (this unit)
Trough $143,000 Apr 9, 1997Now $595,000Peak $739,000 Jun 10, 2022
Current list price is 19% below its peak · +316% above its trough.
- Jul 16, 2026 — Listed $595,000
- Aug 1, 2022 — Sold (MLS) $725,000
- Aug 1, 2022 — Sold (Public Records) $725,000
- Jun 30, 2022 — Price Changed $699,000
- Jun 10, 2022 — Listed $739,000
- Apr 28, 2017 — Sold (MLS) $660,000
Description
No description captured.
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