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SEARCHPleasanton Home – 4040 Jensen Sold by Auction
January 3, 2008
Not too many Pleasanton homes or tri valley homes are sold by auction, but a home in the Jensen Amador Estates of Pleasanton sold for $478,500 by auction. Over 100 people showed up on the day of auction and a starting bid of $299,000 was bid up by about 12 bidders and in the end came down to two people as many auctions do. The Jensen Amador Estates in Pleasanton normally see homes selling or between $550,000 and $650,000 with a few reaching over the $700,000 mark. So who was the winning bidder? Well in this case it was not an investor looking for a fast flip, but someone who plans to stay in the home for some time. Some of the reasons this homeowner chose this location and neighborhood were the proximity to Downtown Pleasanton, great Pleasanton Schools (Alisal Elementary and Amador High School are just minutes away) and ease of commute to both 580 and 680.
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I think 2008 will be a year of property auctions. Was this home Bank Owned or was this sold by an agent creating a market?
Cheers, You got the beat on the neighborhood!