Curious CV Property

[zk]

I don’t remember seeing this house on the MLS. It closed for 855k (according to Redfin), which is somewhat less than it’s worth.

Does anybody know what the deal was there?

http://www.redfin.com/CA/San-Diego/10433-Abalone-Landing-Ter-92130/home/6484964

[HomeSD]

Auctioned at courthouse steps on 12/10/09
Opening bid: $855,471
No taker and back to the bank (REO)

[HomeSD]

Auctioned at courthouse steps on 12/10/09
Opening bid: $855,471
No taker and back to the bank (REO)

[HomeSD]

Auctioned at courthouse steps on 12/10/09
Opening bid: $855,471
No taker and back to the bank (REO)

[HomeSD]

Auctioned at courthouse steps on 12/10/09
Opening bid: $855,471
No taker and back to the bank (REO)

[HomeSD]

Auctioned at courthouse steps on 12/10/09
Opening bid: $855,471
No taker and back to the bank (REO)

[Author]

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