It did sell for $1.1 and I kick my self because we bid $1050 for it and had our offer in first... should of gone up by $50K it is a beautiful home!

John,

Right now, the only other bank-owned property I see is 1863 Grand View that was foreclosed in Sept 2009 for the winning bid of $536,250.

The published bid was $759,335. The loan amount of the foreclosing bank, Downey Savings, was $650K. It was sold to the bank.

It may take 1-2 months before you see this listed for sale. If you are interested, the bank is Downey Savings and Loan, 8180 E. Kaiser Blvd in Anaheim, CA 92808. The trustee sale number is 59502.

There's a pre-foreclosure where the owner has received a notice of default. However, I don't want to give you the address because the owner may want to keep this information private while he tries to resolve his situation via reintatement, forebearance, loan modification, or even short sale. The current loan in default is $1.5M

thanks for the info pacita. I'm surprised the final price was so low.

There seem to be quite a few foreclosures on grand view. Is it just a coincidence?

The final sales price was not disclosed on the MLS, but Zillow, of all places, shows the sales price at $1,100,000 in Aug 2009.And Zillow zestimates it at $1,775,000, while Cyberhomes values is at $1,238,391. interesting disparity in estimated value.

Perhaps you'd be interested to know that:

The bank foreclosed on the amound of $1,214,400 in February 2009
And that this property's most recent assessed value is $1,800,000

Call Debra Dryden at (510) 339-6460 selling agent
or
JAMES W. GRAYDON - (925) 516-3333 listing agent
Both the MLS and public record states $0