Upon further investigation of the title report of the property in question, I have discovered that a notice of rescission was filed about a week after the notice of default was filed. This basically means the bank screwed up in some way and had to cancel the notice of default. This makes sense given that the home recently sold (a day before the notice of default was filed) for 1.55 million dollars. The down payment indicates that there is substantially more than 150K still owed, which would also make sense unless the buyer was able to submit more than 1.4 million dollars as a down payment (not likely). Long story short, the owners of this property are likely not yet in a position that would require them to sell. I'll let you know if there is an update in the property's status that is not reflected in any of the consumer-accessible foreclosure lists that you might subscribe to or that may be sent to you for free from a realtor. Talk soon. Let me know if you have any questions.
Also, while Trulia has a lot of good information, it is not the best place to go to see available properties for sale.
By the way, you don't need a Realtor to get more information on the property. You can sign up for a free Realtytrac trial account (lasts 30 days) and find out what the address is. This information is available to the public. Hope this helps. Let me know if you need me to help you with anything you can't just get yourself on the internet.