As we wrote in April:
Closing escrow in January 2007 with a recorded contract price of $6,300,000, the home is back on the market asking $6,750,000 with a few changes in-between. For example, plugged-in people might recall that the kitchen wasn’t open to the dining room in 2006.
Yesterday, the re-sale of 2525 Webster closed escrow with a reported contract price of $5,600,000, 17% under asking and 11% under its January 2007 value not accounting for the cost of renovations in-between.
∙ A Completely Renovated And Then Remodeled 2525 Webster Returns [SocketSite]
∙ Coming Soon: 2525 Webster [SocketSite 8/06]
∙ Inside 2525 Webster [SocketSite 8/06]