Sale at Nevada Towers #23H

Bezos is in town

Pier, Could be auction type sale with buyer paying broker fee and or other add-one.

I saw earlier this year a property that sat for 2 years with the drip by drip down. Then they got a new broker, took new photos, rewrote the broker babble, cut the price again, and sold in 10 days... over ask.

If we are going to speculate it's possible they purposely inflated the sales price and gave a rebate for reasons like satisfying the Coop's "floor price" issues or baking renovation costs into financing (among others).

Interesting to note that it was a foreclosure.

The seller is a bank. So broker commission add-on is a high probability.

That would check out given the amount. Thanks. Interesting the broker did not note this in the description.

I didn't realize it was a foreclosure so I will change my answer: when you have a foreclosure you are supposed to pay transfer taxes based on the lien amount even if it is substantially less than your purchase price. When banks foreclose on Coops most of the time they don't have the unit transfered to them, but leave the shares in the debtor's name and have them transfered directly to the eventual buyer to save the expense of 2 closings. So no matter what the actual sales price is it can show up as what the foreclosed debt was. OTOH it's odd that it was a round number, because in the cases I mentioned above it is down to cents.