One of Our Favorite Lofts: Sold – at 531 S. Plymouth
Remember this spectacular timber and brick one bedroom loft at 531 S. Plymouth in Printers Row?
It had a lot of price reductions.
But it finally sold.
Unit #502: 1 bedroom, 1 bath, 1300 square feet, corner unit
- Sold in April 2003 for $279,000
- Was listed in February 2008 for $364,900 (parking included)
- Reduced
- Was listed in March 2008 for $349,000 (parking included)
- Reduced
- Was listed in May 2008 for $299,000 (parking included)
- Sold for $290,000 (parking included)
I loved this unit and I’m not even really a loft guy. This is one lucky owner who got an awesome place at a great price.
That’s a very fair price for this textbook loft.
Hey, look, it another place that’s going up in price. Real estate is still going up!
Of course, it’s gone down in real dollar terms and probably was also a nominal dollar loss for the seller (after realtor fees and closing expenses).
Good square footage for the price (which is also decent) but what are the monthly costs? IIRC the assessments are pretty high due to the heating/cooling costs.
so this takes it back to 2003 pricing and sets the comps at that level. Would have been cheaper to rent…
I absolutely LOVE this building. I’m glad this unit finally sold.