This was a bank-owned listing that sold for $700,000 on August 6th. It was on the market for about 3 weeks before it went under contract. The sold price per square foot was $168, which is low, even in this market.
There are several short sale and bank owned (REO) opportunities in Wildridge at the moment. I toured many properties last week for a buyer. One in particular stands out for just under a million with incredible views and finish level.
Hope this helps. If you'd like more information on bank-owned properties or short sales in the area, I can help.
Sondra Slappey - Keller Williams Mountain Properties 970-376-8000