I think Zillow ends up showing the Repo price. If you look at sales history, would it make sense that the bank took it back for a $1.26M balance in Dec and is just getting it back on the market?
It looks like tax assessment is just over $1M, judging by the other homes near, it’s possible someone refi-ed themselves into foreclosure, or maybe Neg-Am’d the loan and neutroned themselves out of the house.