The sale of 4252 22nd Street closed escrow on 9/25/09 with a reported contract price of $780,000. Previously asking as much as $1,495,000 in September 2008 (don’t ask us).
Purchased for $760,000 in May 2006 with tenants in place and without the approved permits and plans but prior to the owners having started work and ripping out the kitchen (which changes the game with respect to financing).
Unfortunately it’s anything but “Apples to Apples” (fortunately we can likely co-file under “Coming (relatively) Soon“).
∙ Okay, So How About Half? (4252 22nd Street Goes “Pre-Foreclosure”) [SocketSite]