The bank owned sale of 250 King Street #266 closed escrow yesterday with a reported contract price of $620,000. And yes, that’s 3.3% “over asking!” in industry speak. And likely with “multiple offers!”
At the same time that’s 17.3% under its recent tax assessed value ($750,000), 1.5% less than what the bank bought it back for in December ($629,142), and $524 per square foot for this two-bedroom condominium in The Beacon.
Flash Back Forward To Beacon Two-Bedrooms Asking Under $600,000 [SocketSite]

4 thoughts on “A Freshly Picked Apple In Our Basket For The Beacon (250 King #266)”
  1. Shutting off utilities to residences is not done except in the most extreme circumstances. Having lawyers argue about bills is more efficient and has far less liability.

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