Monday, August 07, 2006

Single Family House in Pacific Beach - 1713 Diamond Street

Pacific Beach makes the list with this small home near the beach.

Check out the sales history:

08/12/2005: $560,000
01/17/2003: $370,000
05/22/1998: $171,000

How can a property worth $370,000 in 2003 suddenly be worth $560,000 a few years later?

Resale Price: $535,000 (Range priced $510,000 to $560,000)
Cost: $560,000

Loss@6% Sales Expenses: $57,100

Purchase Date: 08/12/2005
Holding Period: 12 months and counting...

MLS: 062067464

Bedrooms: 2
Bathrooms: 1
Square Feet: 568

Purchase Details: view

Thanks to Lickitysplit from the Piggington site for pointing out this property.

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