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Taking a Cut on Frederick & Clayton

What's up with 290 Frederick, the big creamy white Victorian on the corner of Clayton Street? Back on the market, but with the potential for the owners to take a loss after a brief occupancy. Last year (or late '05) Payton Stiewe was the listing agent and sold the house for $2.1M. Currently asking $2.149M, which will net a loss after the agent's five percent. Positioning themselves for multiple overbids?

A renovation of two flats into one house with a reverse floor plan with living rooms and kitchen upstairs to take advantage of the views, Current owners have added a lockable wine cellar, better to keep the au pair out of the 1992 Pleiades, and seem to have knocked together two bedrooms into a media room. Two-dishwasher kitchen (brilliant) two-car garage, no yard but has decks looking north up Clayton. After the jump, floor plan porn from Payton's site.
· 290 Frederick Street [Bruno D. Abbott/Hill & Co via MLS]
· Payton's List [Payton Stiewe/Sothebys]

290 Frederick Street Floor Plan, via Payton's List