As we wrote this past September:
Listed for $2,100,000 in April 2008, the two-bedroom Green Hill Tower (1070 Green) condo #902 sold with a “confidential” sale price reported on the MLS that June. As such, the list price of $2,100,000 would have been used when compiling MLS based median and average sale price reports.
Public records, however, suggest the sale price for the Russian Hill home was actually $1,910,000. And two weeks ago, the two-bedroom view condo returned to the market listed for $1,695,000. Currently in contract, but it would appear that not all contingencies have yet been waived.
The sale of 1070 Green Street #902 closed escrow today with a reported contract price of $1,675,000, 12 percent ($235,000) under its recorded sale price in 2008.
∙ A Green (And No Longer Confidential) Apple To Be On Russian Hill [SocketSite]
∙ An End To Confidential MLS Sales* (*Unless You’re Willing To Pay) [SocketSite]