4102 ADMIRALTY Ln Foster City, CA 94404 – Lower than 2001 real price

4102 ADMIRALTY Ln Foster City, CA 94404

Price: $315,000

Beds: 1
Baths: 1
Sq. Ft.: 748
$/Sq. Ft.: $421
Lot Size: -
Age (Years): 43
Year Built: 1965
Type: Condominium

Last sales:

   
Apr 27, 2001 $302,500

Jun 19, 2008 $262,500

-2.0%/yr

Listing states that it is a REO.  It is a pretty small and old condo in Foster City with a high HOA, but the price is only 13k above its 2001 sale price.  If you consider inflation, $302k in 2001 is supposed to be worth $373k today.  (See inflation calculator from BLS)  This might be a good deal for a single person who really wants to live in Foster City.

Comments

2 Responses to “4102 ADMIRALTY Ln Foster City, CA 94404 – Lower than 2001 real price”

  1. cardinal2007 on August 13th, 2008 7:20 pm

    I have thought about this place, but I don’t really like Foster City that much, but a lot of people apparently do. So maybe someone will buy it.

  2. Nick on October 12th, 2008 7:48 pm

    Anyone know why there are so many units for sale on Admiralty Lane? It’s a sizable complex, but nonetheless, there appear to be at least 6 units on the market!
    4102, 5208, 7205, 7206, 7209, 7214

    Was there some change instituted by the board? Or perhaps a commercial area being built nearby? Something is driving folks away, and I, as an interested potential buyer, don’t want to be the last to know :)

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