This property sold new from Davidson 7-04 for $999,500.
The owners re-fi’d in May 2005, with a first mortgage of $1,169,000 and a 2nd of $331,000 – the total loan balance was around $1,500,000. So the lender (Countrywide), must have had an appraisal for at least that much.
The transfer 12-06 was indeed a foreclosure, and the house was just listed for sale at $1,349,000.
