Eleven months ago 1487 McKinnon Avenue, a single-family home in Bayview, hit the market for $579,000. After two weeks the price was reduced to $559,000 (with the listing advertising “below market value!!” and “wont last!”). And seven months later it was owned by the bank and back on the market for $369,900.
Today? $269,900 and still seeking a buyer (other than said bank).
∙ Listing: 1487 McKinnon Avenue (2/1) – $269,900 [MLS]
∙ Reductions On Two Two-Bedrooms Approaching Two Months [SocketSite]
∙ Back On The Market And Below “Below Market Value!” In Bayview [SocketSite]