As we wrote last August:
Asking $1,875,000 [in early 2007], or a little over $800 a square foot, 647 Grand View Avenue #1 appears to have been refinanced [by the developer] in October of 2007 for $1,870,000 with nothing down and two variable rate loans, one for $1,500,000 and the other for $370,000.
Unit #3 appears to have been refinanced around the same time as well, but 647 Grand View #2 and #4 appear to have sold in October of 2007 for $1,100 and $764 a square foot respectively.
And a plugged-in and on the foreclosure ball “EBGuy” notes on our update on 601 Grand View down the block, 647 Grand View #1 now has (or perhaps had) a date with the courthouse steps. Seeking an opening bid of $1,500,000.
647 Grand View #1 ended up going back to the bank this past April. And yesterday the 2,316 square foot Noe Valley three-bedroom condo returned to the MLS asking $1,213,800 ($524 per square foot).
∙ Listing: 647 Grand View #1 (3/3.5) 2,316 sqft – $1,213,800 [MLS]
∙ From The Top Of Noe To The Courthouse Steps: 647 Grand View #1 [SocketSite]