TMZ.com: Michael Phelps DUMPS Baltimore Condo at $400,000 Loss

TMZ.com Celebrity Gossip and Entertainment News, Covering Celebrity News and Hollywood Rumors. Get All The Latest Gossip at TMZ - Thirty Mile Zone.

Michael Phelps DUMPS Baltimore Condo at $400,000 Loss Aug 2nd 2012, 07:50 Michael Phelps didn't just take a beating in the 200m butterfly recently ... he also got his ASS kicked by the real estate market -- letting go of his swank Baltimore condo for $400,000 less than what he bought it for.Phelps purchased the 4,080 sq.…

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