Nicholas Court Short Sale at 15th and Union

After not selling for $700,000 when it was on the market a year ago (read our write-up then), unit #1 at Nicholas Court is back on the market but this time as a short sale listed at $425,000. Talk about a decade of lost appreciation, this unit originally sold for $471,580 in February 2001.

105682 0 Nicholas Court Short Sale at 15th and Union

105682 5 0 Nicholas Court Short Sale at 15th and Union

appraisals2650 19 Nicholas Court Short Sale at 15th and Union

Current average appraisal:

$416,952

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About Matt

Matt , Urbnlivn's publisher, has a love for lofts with industrial features and new construction condos that is only eclipsed by his passion for outdoor sports and urban living. Phrases such as “polished concrete” and “exposed brick” are music to his ears. You can also find Matt on Twitter or skiing.

  • Jamespatt

    Interestingly according to the tax record, this unit still belongs to Gordon Walker and what appears to be his now ex-wife. Sadly they refinanced it to the tune of $620,000 in 2006. It's not a bank approved short-sale, so chances of the bank letting it go for $425K is slim to….well you get the drift.

    Sad.