As we wrote this past January:
Purchased for $1,075,000 in January 2007, the single-family 435 Vermont returned to the market last July seeking $1,165,000. In October the asking price was reduced to $1,095,000. And in December the listing was withdrawn from the MLS without a sale.
The remodeled Potrero home is back on the market today at $1,010,000 noting, “Refreshed, restaged & priced to sell!” Refreshing the list price on the million dollar home’s namesake website might be a nice touch as well.
In early March the list price was was reduced to $998,000 (on both the MLS and namesake website). And yesterday the sale of the single-family Potrero home closed escrow with a reported contract price of $980,000 (9 percent under its 2007 value).
UPDATE:. Apparently we missed a bit of work between sales, so into our orange (and comp) crate this sale goes.
∙ 435 Vermont Now “Priced To Sell!” (Previously Priced To Sit?) [SocketSite]