There are four interesting condos headed to tomorrow’s auction:
None more interesting then a 2 bedroom at Washington Square. It was purchased at $1,037,000 in January of 2008. Bank of America put a minimum bid price of $172,800 for tomorrows auction. To me it is a clear ploy to drive an incredible amount of traffic to the auction. I expect Bank of America to be at the auction bidding the price up. Either way, it will be interesting to see what the final amount may be.
The other condos include:
- Washington Square (1 bedroom, 808sf) Last purchase price of $609,000 (Minimum bid of $264,300)
- Plaza Del Sol (2 bedroom, 2bath) Last purchase price of $407,450 (Minimum bid of $202,273)
- Portal (Studio) Last purchase price of $362,000 (Minimum bid of $169,969)
Sorry for the brief post, but I’m off to spend time with family tonight!