There were 2 apparent model matches that sold in this time frame on this street. One property that is 3 doors down and had a pool/spa combo that the Ummmel’s home lacked – it was listed prior to the contract date for the Ummel’s home at $100,000 less and it closed escrow on the same day as the Ummel’s sale for $105,000 less.
The other recent model match closed in 04/2005 for $175,000 less. Except for not having the “area view” (neighboring rooftops), this one looks on paper to be a dead ringer for the Ummel’s home.
There were also a couple other relevant sales in the subdivision during that time frame that appear to indicate to similar trends.