Poway - Sold in 1999 for 287,650 and now listed for 500,000

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Submitted by g2006 on December 21, 2007 - 11:59am

Is this a good deal.The current owner is taking a 90K haircut

http://www.sdlookup.com/Property-BB026AF...

Sold in 1999 for 287,650 and 2004 for 590000 and now listed for 500,000

Taking 1999 price 287,650 and today's 500000 the CAGR is 8.22%.

Submitted by sd_bear on December 21, 2007 - 1:25pm.

$312 per square foot + 135 a month in HOA's? I think this ones gonna sit on the market for a while. Just because its a reduced price doesn't mean its a good deal.