Details: 2 bed/1.5 bath 1,000 sq ft condo, 1974 building, $400/month HOA
Description: Two bedroom condo in a highly desirable complex North of Montana Avenue. Bright top floor home with excellent flow, large bedrooms, tasteful finishes, fireplace, and plenty of closet space. Two-car gated and secure parking space. Choice location, near "the Steps" on Adelaide, Montana Shops, Promenade and the Beach. Short Sale.
Previous Purchase: 1/31/06 - $656,500
Listing History: 12/4/09 - $619,000
Reduced to - $549,000
SOLD: 7/30/10 - $550,000
This is a 16% decline from the early 2006 price. I would say that roughly equates to a late 2004 rollback or so.
I haven't really been following condos and townhouses for a while now and I'm working off the backlog of those which I've been tracking since going "looking for backup" or "pending". I'm not sure that I will do very much tracking of condos and townhouses in the future as there seem to be enough SFRs to occupy my time.
We looked at a condo in this same building a few years ago. It was in terrible condition, the lady was a hoarder with dogs who ruined everything. It would have to be totally redone. I think it might have been a little larger but they wanted $760 firm. How times have changed!
ReplyDeleteSeems like the buyer got a pretty good deal on this one.
ReplyDelete