(MLS #: F1760083)
This house has an interesting sales history:
04/30/1999: $ 580k
Yeah, you read that last sale correctly. They paid $1.42M a year ago. And now, after the worst year in SoCal real estate history, they want to sell for $125k more than they paid. I mean, I get it. The commisions on this sale are over $90k. And they need *some* wiggle room in the price, right? But how do you figure that your house held it's value while the rest of SoCal took an 18% nose dive?
I dunno. It could move. It's a nice house, after all. But I can seriously see this house selling in the $900k range in the not-too-distant future.