I know I’m flooding the blog with foreclosure sales over the last 24 hours, but this one is incredible. Unit #2410 at the Cosmopolitan sold for $751,950 in 2007. Now the bank(s) is willing to sell at $396,000 which equates to a $412,610.42 loss!
From a cost per square foot perspective, in 2007 this unit sold for $571psf and now it is selling at $301psf. I believe this will create a new cost per square foot record at the 2007 building. I will need to confirm.
UNIT FEATURES:
- Space Needle view
- 1,315sf
- 2bedroom, 2bath
BUILDING FEATURES:
- 24 hour concierge
- Fitness center
- Business center
- Homeowners lounge
- Sauna
- Hot-tub
- Storage
- Rooftop deck
Jeff Reynolds
Administrator
My name is Jeff Reynolds and I’m a real estate broker with Compass Seattle. I’m the founder of UrbanCondoSpaces and I lead Seattle’s number one condo team. UCS is a blog specializing in Urban Living. Contact me to see homes for sale, to sell your condo or to simply learn more about the Seattle Real Estate market.
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Jeff Reynolds
Administrator
My name is Jeff Reynolds and I’m a real estate broker with Compass Seattle. I’m the founder of UrbanCondoSpaces and I lead Seattle’s number one condo team. UCS is a blog specializing in Urban Living. Contact me to see homes for sale, to sell your condo or to simply learn more about the Seattle Real Estate market.
