They paid 582k, some idiot at the bank loaned them another 200k probably in a heloc because it was repo’d back for 780k and you can buy it right now for 150k.
I just did more research on redfin, looked at all the sales for three years, looked the sales price history for each of them and for the most part, the homes on that street went new in 05 and 06 for about 500k, they began going down from there, by early 08 they were 400k, by late 08 the were in the low 3’s and now in the 2’s. Other than that house, I didn’t even find one that broke 6ook. I still don’t understand where they get the support to sensationize a story and call it a million dollar home?
I actually like this new math, I’m going to start telling women I have a 22 inch……forget it, even I wouldn’t believe that, but then again, people believed there were million dollar homes in French Valley.
