733 Front #407 Kitchen

As a plugged-in reader noted, on Friday the list price for the short sale of 733 Front Street #407 was reduced to $480,000 and “Approved Short Sale!!!” was added to the listing.
Once again, the one-bedroom was purchased for $730,000 in September 2007, listed for $760,000 this past January, reduced to $730,000 in February, reduced to $629,000 in April, and listed as a short sale at $549,000 and $499,000 over the past five months.

A sale at the newly reduced list price would represent a 34 percent drop in value for the Jackson Square condo at 733 Front Street over the past three years.

8 thoughts on “Not New But Now “Approved” And Shorter Still For 733 Front #407”
  1. i’m actually a little bit interested in this at 480k. does anybody know any pro’s and con’s to the building? it looks like the decks wrap around the whole perimeter of the sides, does it mean one can roam around to other people’s patio doors?

  2. Redfin says this unit is 781 sf, so they’re asking around $615/sf. There’s less inventory due north of the Financial District than due south (South Beach/SOMA) so it will be interesting to see how $/sf compare.

  3. While the sale of 733 Front Street #407 closed escrow with a reported contract price of $450,000 in January (38 percent below its 2007 sale), 733 Front Street #413 as referenced above by a plugged-in reader has been withdrawn from the market after 183 days without a reported sale.

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