October 19, 2009
Looking Back And Out Over South Park Via 10 South Park #1 (And #3)
Purchased for $760,100 in November of 2004 but then taken back by the bank in July, the sale of 10 South Park #1 closed escrow on 10/16/09 with a reported contract price of $611,300 ($511 per square foot). That’s 3% "over asking" but 20% under its '04 value.
As a couple of plugged-in readers noted previously, 10 South Park #3 which is 267 square feet smaller but likely offered better views, and perhaps even a better layout, sold for $925,000 ($996 per square foot) in July of 2007.
∙ A Bank Owned 10 South Park #1 (Insert Underpants Quotes Here) [SocketSite]
First Published: October 19, 2009 10:30 AM
Comments from "Plugged In" Readers
Wow, kudos to the realtor for pricing it perfectly. 3% under the final sale price has to be a sweet spot in this market.
Posted by: tipster at October 19, 2009 10:55 AM
Hmmmm, $511 per square foot in South Park... Now we're talking...
And Zestimate is $829k! Thanks for the help Zillow!
Posted by: J at October 19, 2009 11:05 AM
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