Same exact story as Portico unit #406 except this unit cost more so the loss is bigger.
As noted in the #406 entry my records show that this and unit #505 are owned by the same couple.
Type: Listed on MLS(#068068385)
Resale Price: $335,000
Cost: $375,000
Loss@6% Sales Expenses: $60,100
Loss%: 16.03%
Purchase Date: 03/28/2005
Holding Period: 17 months and counting...
Bedrooms: 1
Bathrooms: 1
Square Feet: 728
Purchase Details: view
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2 comments:
I got one for you Brightside. This one is a REO foreclosure (so it's the bank losing the money, not the individuals, who might be in bankruptsy now). It was purchased last year for $365,000, and it is being listed right now by the bank for $299,900.
Address is: 5170 Clairemont Mesa Blvd #2
Nice blog, keep up the good work. I check in every few days.
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