Wednesday, February 14, 2007

Bankers Hill Condo at Century Plaza Towers #6A

This large condominium last changed hands in early 2004 for substantially less than today's list price.

Based on the MLS pictures there appears to be a recent upgrade as well. Finally the sales history at sdlookup.com is especially interesting. I think this illustrates very well the market value fluctuation of this particular property over the last several years.

Type: Listed on MLS(#076012363)

List Price: $502,000
(Range priced $475,000 to $529,000)
Cost: $610,000
Loss@6% Sales Expenses: $138,120
Loss%: 22.64%

Purchase Date: 05/14/2004
Holding Period: 33 months and counting...

Bedrooms: 2
Bathrooms: 2
Square Feet: 1470

Purchase Details: view

2 comments:

Anonymous said...

I'd very interested in find out the sales history between 1973 and 2000. Or is this a condo conversion?

Mr. Brightside said...

The building was built in 1973, most sales data out there starts in the early 80s.

You can see other units in the building by putting in just the address, no unit number, "3535 1ST AVE" on sdlookup.com.

By doing this you can see the other unit sold for the high 100s back in the middle to late 90s.