Tiger hurt by real estate downturn, too
Tiger Woods might still be the world’s best-paid golfer, but even he isn’t immune to the pain that the real estate market can dish out.
According to The Los Angeles Times, Woods landed in the rough with his recent sale of a condo in Corona del Mar, Calif., he bought before the housing downturn. Woods bought the place in 2004 for $3 million, but unloaded it for $2,213,875.
The townhouse-style unit contains about 2,000 square feet and boasts an open living room on its second story to take advantage of views of Santa Catalina Island, the paper said. The condo had three bedrooms, three bathrooms, a loft and a balcony.
There was no indication of how much time Woods spent in the unit. His primary residence these days is a mansion on Jupiter Island, Fla., that he bought with a $54.5 million mortgage in 2010.