Short Sale At 2200 Westlake, 45% Reduction From Its 2007 Price

Do you recognize this unit? It’s in the South (ARTE) building at 2200 Westlake on the 10th floor.

It was on the market in 2009 for $395,000, then again just two months ago for $315,000.  As of this morning it is back on the market at $262,000 as a short sale.  It was originally purchased in March of 2007 for $474,950.  Given its price now, that is a 45% reduction from its 2007 purchase price.  If your looking for a short sale in a concrete and steel building, this might be worth your time.  Especially if you consider the fact its right in the heart of South Lake UnionI have been know to share my opinion in the past about SLU.

 

Here is a look at the listing. Click for more information:

  • Anonymous

    610?  That thing looks more like 400… bring your tape measurer!  Glad to see a price somewhere near reality at least.