Speaking of distressed listings, the list price for the bank-owned 647 Grand View #1 has just been reduced $60,600 to $1,153,200 ($498 per square foot). Once again, the 2,316 square foot Noe Valley condo was refinanced in October 2007 with loans totaling $1,870,000.
647 Grand View #2 and #4 appear to have sold in October of 2007 for $1,100 and $764 a square foot respectively. And the sale of the 1,068 square foot 647 Grand View #3 closed escrow last week with a reported contract price of $610,000 ($571 per square foot).
A New High For Distressed Listings In San Francisco [SocketSite]
A Grand Fall For 647 Grand View Atop Noe Valley [SocketSite]
A (Grand) View To A (Comp) Kill [SocketSite]

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