If you’ve ever visited San Francisco, there’s a good chance you’ve seen the iconic “Painted Ladies.”
As you may imagine, these houses don’t come up on the real estate market too often. The last one sold was a decade ago.
The green house on the far left – the anchor, if you will – sold recently for $3.1 million, $900k below its original asking price.
Don’t feel too bad about the fire sale pricing. The owner bought the house in 1975 for $65k, so no matter how you do the math, I think he’s coming out ahead.
A story about the sale appears here.