Historic Alameda Home Plays Key Role in Real Estate Market
A two-story house, constructed in 1895, changed hands on April 11. The Alameda property, located in the 1500 block of Court Street, sold for $1.8 million. the price breaks down to $698 per square foot for the 2,578-square-foot home, which sits on a 3,800-square-foot lot.
Recent sales of nearby homes provide context for the market. A 1,502-square-foot home on the 3000 block of Lincoln Avenue sold in October 2023 for $1.46 million, or $972 per square foot. In June 2024, another Lincoln Avenue property, this one 1,881 square feet, fetched $1.875 million ($997 per square foot). in August 2024, a 2,131-square-foot house on Court Street sold for $1.705 million, equating to $800 per square foot. These sales demonstrate the active role of real estate in the area.
What’s next
The sale of this historic home signals continued interest in alameda’s real estate market,particularly for properties with unique character and established locations. market watchers will be keen to see if this trend continues.
