As we reported in June with respect to 1499 Masonic:
Purchased for $2,275,000 in 2005, on the market for $2,095,000 in 2010, and asking $1,999,000 for the past two months, the list price for the tightly cropped remodeled Ashbury Heights Victorian at 1499 Masonic has been reduced to $1,895,000.
As a plugged-in reader noted yesterday, the sale of 1499 Masonic has closed escrow with a reported contract price of $1,750,000, twenty-three percent ($525,000) below its 2005 purchase price on an apples-to-apples basis.
And once again, as the house appears from the street in a little less cropped state:
∙ Another Cut For The Apple Crop At 1499 Masonic [SocketSite]
∙ (A) 1499 Masonic Set Back [SocketSite]
∙ Take Two For An Orange On Oak And Bumper Apple Crop On Masonic [SocketSite]