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What steal?
It’s right at the price/sf of all the other home sales in the vicinity of the last six months. In fact, on $/sf, it’s on the high end.
here’s another property up there that sold 2000, 2003, sold 2009 back to 2003 pricing and just resold in 2011 for a slight increase on 2009 prices.
[quote]01/31/2011 $720,000 09/01/2005 $1,275,000 44% lost?? 2005 wasn’t the peak. Something fishy going on.[/quote]
No, just looks like a very frothy bubble flipping neighborhood. There’s plenty of examples of homes that sold ’98, 2000, 2003, 2005-2006 and tripled/quadrupled price.
