Bank Owned Gold Coast 3-Bedroom Finally Sells for 45% Under 2005 Price: 190 E. Walton
We’ve chattered about this 3-bedroom bank owned unit in The Regent at 190 E. Walton in the Gold Coast several times.

See our July 2011 chatter here.
In July, when it was still listed for $1.149 million, some of you thought it would sell from anywhere between $825 to $900k.
After another reduction to $999,900 in early August, the unit just sold for $862,000.
That is about 45% under the 2005 purchase price.
If you recall, the 3000 square foot unit had hardwood floors throughout and custom built-ins.
The kitchen had granite counter tops and a stainless steel breakfast bar.
There were marble baths and a 8×22 terrace.
Parking was included.
This building is a mid-rise which doesn’t have a doorman or any other amenities.
Did someone get a deal for this block?
Tina Culver at Sergio & Banks had the listing. You can still see the pictures here.
Unit #501: 3 bedrooms, 3 baths, 3000 square feet, 1 car parking
- Sold in October 1998 for $765,000
- Sold in September 2005 for $1.575 million
- Lis pendens foreclosure filed in September 2009
- Bank owned in October 2010
- Originally listed in October 2010 for $1.395 million
- Reduced
- Was listed in February 2011 at $1.25 million
- Reduced
- Was listed in July 2011 at $1.149 million
- Reduced
- Was listed in August 2011 at $999,900
- Sold in late August 2011 for $862,000
- Assessments of $919 a month (includes water, building maintenance)
- Taxes of $17,162
- Central Air
- Bedroom #1: 14×13
- Bedroom #2: 10×12
- Bedroom #3: 11×13
- Family room: 14×20





















