362 Edgewater 3172 sqft sold for $710k back in 2/2007
now we have
617 Edgewater also at 3172 sqft asking for $599k as a reo.
693 Saddleback is a 3072 sqft model asking for $565 also as a reo.
but remember, the $710k was in all likelihood fake (as in cash back at closing and 100% financing). back in ’04 617 Edgewater was purchased for $540k.
because of the train issue as well as the quality of the neighbors, I would stay away from this neighborhood. maybe when it hits $400k I might consider getting it as an investment property.
