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Sunday, April 25, 2010

247 20th -- 90402 Foreclosure *Update 1*

I last featured 247 20th back in February 2010.

It is a 3 bed/3 bath 2,676 sq ft house on a 8,940 sq ft lot.

Previous Purchase: 4/13/03 - $1,500,015

Bank Buyback (US Bancorp): 4/21/09 - $1,570,210

REO Listing: 2/5/10 - $1,739,000

SOLD: 4/6/10 - $1,860,000


I had previously suggested that the asking price was probably about a 2004 rollback. The sale ended up taking place well above the asking price so this is well into 2005 territory.

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