Two Years Late(r) And $245,000 Short

Purchased for $640,000 in early 2007, the one-bedroom 310 Townsend #309 returned to the market a little over two years ago listed for $465,000.
In and out of contract having been reduced to $425,000; relisted for $500,000; reduced to $475,000; relisted at $450,000; reduced to $435,000 and then relisted as a short sale for $399,000 in December 2010, the resale of the 789 square foot condo has finally closed escrow with a reported contract price of $395,000, 38 percent under its 2007 sale price.
∙ 310 Townsend: Available And Selling [SocketSite]
∙ Shorter Still For 310 Townsend From The Beginning To End Of 2010? [SocketSite]