2009 Arbor Ave is an REO property. Bought in 2006 for $1,015,000. It went back to the bank on 10/12/2007 for $794,750. That means the buyer from 2006 put down $200k, and then got foreclosed on exactly 1 year later. I wonder how many payments the person made. The house has been for sale for over 2 months now, and the bank is hoping to get over $800k.
If you wanted to buy this house for list, you'd need to put down $166k and then pay $4200 per month for the privilege of living there. Wow.
If you wanted to buy this house for list, you'd need to put down $166k and then pay $4200 per month for the privilege of living there. Wow.
1 comment:
looks like someone bought this place for $800k
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