While we caught yesterday’s price reduction for 1177 California #203 (now listed for $283,662 versus its purchase price for $362,000 in January 2008), we completely missed the sale of 1177 California #512 which closed escrow on 12/8/2010 with a reported contract price of $408,000.
And as a plugged-in reader notes, while the sale of the Soma Nob Hill one-bedroom condo was in fact 4.6 percent ($18,100) “over asking,” at the same time it was 41 percent ($290,000) under its sale price of $698,000 in June 2007.
∙ Sure, SoMa Condos Have Taken A Hit, But This Is Nob Hill [SocketSite]
Well, California is a very busy street.
And you can’t expect anything different with only a 3 1/2 year hold (and we’ll just ignore 2004-2007 holds because, you know).
the redfin listing continues the ugly trend of photos with open toilet seats:
http://www.redfin.com/CA/San-Francisco/1177-California-St-94108/unit-512/home/549440
ha ha, “let’s be sure to take pictures including windows only at night”