Wednesday, July 26, 2006

526 Via De La Valle #A, Solana Beach, CA 92075

Thanks to an Anonymous poster for this example of a Solana Beach property. Note this has been on the market for 260+ days.

Resale Price: $645,000
Cost: $635,000

Loss@6% Sales Expenses: $28,700
(Note that it's very unlikely this unit will sell for list price so this loss estimate is conservative.)

Purchase Date: 03/01/2005
Purchase Details: view

1 comment:

Anonymous said...

Somebody just posted these on the craigslist housing forum:

MLS 061061297
325 S. SIERRA #25, Solana Beach, CA 92075
Purchased 09/08/2005 for $800,000
Listed 07/17/06 for $730,000
Loss, including 6%, ~$113,800

MLS 066047881
325 S Sierra Ave #38, Solana Beach, CA 92075
Purchased 09/08/2005 for $800,000
Listed 06/05/06 $725,100
Loss, including 6%, ~$118,400

MLS 061043796
675 SOUTH SIERRA AVE. #33, Solana Beach, CA 92075
Purchased 07/15/2005 $725,000
Listed 05/24/06 $739,000
Loss, including 6%, ~$30,340

MLS 061056383
526 VIA DE LA VALLE #L, Solana Beach, CA 92075
Purchased 06/02/2005 $690,000
Listed 07/01/06 $675,000
Loss, including 6%, ~$5500