It's only fitting that the 100th post to feature a specific losing property also turn out to be the biggest dollar loss so far. This property was built in 2005 and changed hands only once so we can assume that the price data below was the price paid to the developer of the home.
Currently listed at a price range that when taking the average leads to a huge loss of $288,000+ when assuming 6% sales expense.
Type: Listed on MLS(#068084420)
Resale Price: $1,242,900
(Range priced $1,199,900 to $1,285,900)
Loss@6% Sales Expenses: $288,598
Purchase Date: 01/06/2006
Holding Period: 9 months and counting...
Square Feet: 5060
Purchase Details: view
Thanks to John for the lead on the property. Send examples of losses to me directly at email@example.com!