This is sdr’s backyard so he has more insights then me. The MLS states that this home went through to cycles of attempted sales. Both listings expired. First time through was back in 5/06. He started at 1.179M and by the time the listing expired he was at 899k to 949k. Then he tried again in 11/06 and tried at 949k to 1.199M. The home was listed by Chris Lin.
Now when I looked at the tax roll, there is some definite peculiarities. Note that the tax roll we view on the MLS is woefully incomplete.
On 5/18/06 there is a quit claim deed signed where the sellers were noted as Russell Clark and Chris L and the buyer is noted as Russell Clark. Then another quit claim deed on 6/9/06 where both the buyer and seller are noted as Chris Lin. Then on 4/20/07 the date of the sale there is a grant deed where the seller is the Meishia Trust and the buyer is Russell Clark. Then that same day there is another quit claim deed where the seller is Russell Clark and the buyer is Russell and Sharon Clark.
Oh and on 4/20/07 there is a mortgage recorded for the amount of 702k from Shea Mtg.
So what can we deduce? That this was definitely not a “sale” in terms of what we all consider a property changing hands. This was most likely some partners that owned the house together and one bought the other out or something of that nature.
That is at least my guess which could be very wrong.
