5% Under Asking (18% Under Expectations?)

A tipster notes that the infamous 57 Marina Boulevard in San Rafael has closed escrow after 269 days on the market. The selling price…$855,000. It’s being recorded as selling for 5% under asking ($899,000), but if you’ve been “plugging in,” you might recall that it was originally priced at $1,045,000 (and reduced multiple times).
∙ The Scarlet ‘R’ Of 57 Marina Boulevard [SocketSite]
∙ New York Times Not Fact Checking? [SocketSite]