Potrero’s 509 Vermont Street is back in the game, after spending many months in 2008 on the market unsuccessfully. Along the way, the sellers have had a baby, worn out their first listing agent, and also seem to be coming to terms with the reality of the current market.
The 3BR/3BA, garage-free property located near the 101 off ramp between Mariposa and 18th Street started off in March ’08 at $1,795,000, eventually dropping the price to $1,695,000 before its last reduction in August. Now, the sellers have tapped a new agent, and a new price–$1,595,000.
My initial instinct on price after seeing the property last year was that it was worth somewhere in the neighborhood of $1.2M. We’ll see.














