Pacific Terrace is located at the edge of the Marina District near the Gaslamp Quarter. It's a relatively small project.
This unit is range priced just below the orginal developer price and the first resale price from 2003 which is quite notable.
Type: Listed on MLS(#076033488)
List Price: $275,000
(Range priced $260,000 to $290,000)
Cost: $347,000
Loss@6% Sales Expenses: $88,500
Loss%: 25.50%
Purchase Date: 08/14/2003
Holding Period: 44 months and counting...
Bedrooms: 1
Bathrooms: 1
Square Feet: 606
Purchase Details: view
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1 comment:
A reassessment
Sagging market begins to affect property taxes
http://www.signonsan
diego.com/uniontrib
/20070429/news_lz
1h29reasses.html
"Acqua Vista, a downtown condo tower, is one of several developments where assessor valuations on lower-floor units may be reduced."
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