Monday, September 17, 2007

Downtown Condo at Park Blvd West #1405

This smaller two bedroom unit at Park Boulevard West is listed substantially below its last sale in December 2004 and is very close to the original developer price set by DR Horton probably sometime in early 2003.

Market watches may be interested to know that this project is a bit of a sibling to La Boheme in North Park which is the subject of a lot of promotion for a "quasi-auction" that is taking place soon.

Type: Listed on MLS(#076047580)

List Price: $409,900
Cost: $500,000
Loss@6% Sales Expenses: $114,694
Loss%: 22.94%

Purchase Date: 12/23/2004
Holding Period: 33 months and counting...

Bedrooms: 2
Bathrooms: 2
Square Feet: 910

Purchase Details: view


Anonymous said...

What would it cost to rent a similar unit?

Mr. Brightside said...

I would estimate $1,500 or so.

Anonymous said...

I guess renting is quite the deal, lately...


Anonymous said...

It's more than $1,500 for 2bd/2ba.

Mr. Brightside said...

You're right, I was thinking it was a one bedroom. Even though it's a pretty small two bedroom the rent would be closer to $2,000.

Anonymous said...

this place sold.