Purchased fully remodeled for $950,000 in August 2007, the modern single-family home at 801 Teresita Boulevard first returned to the market in 2010 asking $899,000 before being relisted this past February for $815,000.
On Friday, the resale of 801 Teresita Boulevard closed escrow with a reported contract price of $790,000, 16.8 percent ($160,000) under its 2007 sale price.
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Guess they should have bought in the Outer Mission.
This is down less than 17% down from its last sale, with the seller only losing around 200k. It could have been a lot worse. It’s not like 200k is alot of money anyway.
That comes to about $687 per square foot. How does that stack up for this nabe?