Wednesday, February 21, 2007

Downtown Condo at Cityfront Terrace #409

Cityfront Terrace is a mid-rise development in the Marina District.

This specific unit is listed below its last sales price from the fall of 2004. At this point we are seeing a lot of 2004 properties selling for a loss so it's probably safe to say there has been no appreciation in almost three years.

Type: Listed on MLS(#076014058)

List Price: $549,900

Cost: $585,000
Loss@6% Sales Expenses: $68,094
Loss%: 11.64%

Purchase Date: 09/20/2004
Holding Period: 29 months and counting...

Bedrooms: 2
Bathrooms: 2
Square Feet: 1104

Purchase Details: view

1 comment:

Anonymous said...

$720/mo for HOA?! Too much.. The grande charges less..
Problems with condo is that the older the building the higher the maintenance.