Referenced by a reader at the time we noted the listing of 229 Brannan Street #9J for $919,000 (the price at which it closed escrow this past October having sold for $1,230,000 in 2006 and $980,000 in 2004), the sale of 229 Brannan Street #3A closed escrow last week with a reported contract price of $863,000.
Taken back by the bank in May with no bidders at $933,620 in cash versus $954,000 in debt having been purchased for $1,065,000 in 2004 (19 percent more than its sale price last week), the 1,486 square foot corner unit #3A at the Brannan had been remodeled prior to being listed by the bank.
∙ Is It Time To Believe At The Brannan? [SocketSite]
∙ Believe It (At The Brannan) [SocketSite]
Unlike the Beacon or the Ritz, the Brannan is considered to be one of the best condo buildings in San Francisco.
Banked owned to rental. Do the numbers work? 9J available for rent $4,975/mo. http://sfbay.craigslist.org/sfc/apa/2710871570.html