The price you see is what the bank took it back at. It came on the market as an REO, sold in 1 week, is currently inescrow and will likely close around $1.3M.
Anx, kinda funny how we both went in and edited our not so kind responses to each other.
Follow up- I just looked at the house and location. It probably sold above asking with multiple offers. $1.4 would not surprise me.
