Short Sale on Justison Road Closes in Good Time
November 12th, 2009 categories: What is selling in Coconut Grove?
As far as short sales are concerned this listing on Justison Road closed quickly – about 3.5 months. I had the listing back in 2008 priced at $799,000, and it closed last week for $700,000.
The house was a little choppy on the interior and needed updating, but was located on a beautiful lot and had great bones.
Considering the average for short sales so far this year is $256 per square foot, (the average for non-distressed sales of Coconut Grove is $260 per square foot) the buyers got a great deal on this home.
Details:
- 4 bedrooms, 4 baths
- 2,937 square feet of living space
- 9,514 square foot lot
- Sold at $238 PSF
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