No specific story of which we’re aware (other than asking almost $1,200 a square foot on Elizabeth), a few of the images simply caught our eyes (not to be confused with cauterize).
∙ Listing: 921 Elizabeth (2/2.5) – $1,495,000 [MLS]
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No specific story of which we’re aware (other than asking almost $1,200 a square foot on Elizabeth), a few of the images simply caught our eyes (not to be confused with cauterize).
∙ Listing: 921 Elizabeth (2/2.5) – $1,495,000 [MLS]
Nice but too much – will go in the 1.3 range.
x2 — agree with above. But I’m honestly continually surprised at the final selling prices of theses places.
The list price for 921 Elizabeth has once again been reduced. Now asking $1,385,000 with 146 days on the market and four small cuts.
Not sure if this sold, and is back on market — but it is 0 DOM at $1.385.
This is listed in the SF Chron sold homes today. Says it sold for $1.155M on 4/07/09; it was last sold for $1.35M in July 2006. So… about a 14% drop if the numbers are correct.
Take out the Realtor fees and we’re talking a loss of $264k in less than three years, ouch!
921 Elizabeth St
I bet $264K of nondeductible personal loss is less of a loss than the 2009 purchaser is going to absorb over the next three years!
Including the capital loss and the after tax carrying costs, the sellers probably spent maybe $15-17K per month to live there. Not too bad – I’m sure they enjoyed it. Except for the 9 months or so (almost 30% of the time they “owned” it) during which they were trying to unload the albatross, dealing with realtors, open houses, keeping the place spotless for showings, etc.