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Mad max plunger alert:
Here we have the latest tract home McMansion taking a major price pounding. On the MLS as of 14 hours ago. This baby sports a rather impressive 4200 sq ft.
MLS: M1379795 asking $395K
Purchased: 5/2007 for $793K
http://www.bcpa.net/RecInfo.asp?URL_Folio=514031020970
That is a $398K (50%) loss.
Hows does the $395K asking price affect the adjacent.
Purchased: 12/2006 for $696K
Purchased: 4/2009 for $415K
(this was also a foreclosure original price new in 2007 was $795K)
2500 sq ft Max.
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this blog is strictly for entertainment purposes only. We are not real estate professionals, only casual observers. Any information within should not be construed or relied upon as true fact or advice . The owners/bloggers /contributors of this website specifically disclaim all warranties, express, implied or statutory, regarding the accuracy, timeliness, and/or completeness of the information contained herein.
Not for profit:
All ad fees wll be donated to http://www.cheetahexperience.com. In less than 10 years they will be gone. Cheetahs are the only big cat that purr's and the only big cat that can be trusted in a professional setting. We are their biggest fan. And yes, I am just another crazy cat lady. !!
Not for profit:
All ad fees wll be donated to http://www.cheetahexperience.com. In less than 10 years they will be gone. Cheetahs are the only big cat that purr's and the only big cat that can be trusted in a professional setting. We are their biggest fan. And yes, I am just another crazy cat lady. !!
Fla Assoc of Rltrs / MLS search
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1 comment:
Massive tract home McMansion foreclosure that the bank took back 3/22/2010. This baby sports a rather impressive 4600 sq ft.
Are you ready for this...purchased 5/2006 for $1.2 million. Thats is correct, over $1 mil for a tract home. Assessor says market is $655K. Could this be a strategic default or a failed short sale?
http://www.bcpa.net/RecInfo.asp?URL_Folio=513925053580
How does this massive foreclosure affect the adjacent.
Purchased: 4/2007 for $725K
Purchased: 10/2008 for $475K (this was also a foreclosure, origianl price 11/2004 for $950K)
The price on these tract home McMansions are falling straight down.
Oh my!
2500 sq ft Max.
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