As we wrote about the apples-to-apples resale of 33 Vandewater #301 which returned to the market over in North Beach a couple of months ago:
Purchased for $550,000 in 2005, the one-bedroom condo #301 at 33 Vandewater Street, a Donald McDonald designed development, was listed for sale for $525,000 in early 2011, reduced to $514,500, and then withdrawn from the market having failed to find a buyer.
With a remodeled kitchen, wood burning fireplace and deeded parking, the 618 square foot condo with five skylights has just returned to the market listed for $489,000 “in a prime North Beach neighborhood.” If you think you know North Beach, it’s time to tell.
The sale of 33 Vandewater Street #301 closed escrow yesterday with a reported contract price of $565,000, three (3) percent above its 2005 price on an apples-to-apples basis.
∙ Listed For Less Than In 2005 In A Prime North Beach Neighborhood [SocketSite]