Hank Miller, SRA, ABR
Associate Broker & Certified Appraiser
Prudential GA Realty
The short answer to your question is that the property value is the $207,250 that someone was willing to pay for it. There was a comprable neighborhood sale in October, 2007 for $333,354 and a current active listing for $328,500. So, I'd guess on a quick glance, that the buyer of the forclosure got a great deal.
What a great time to buy a house!!
That WAS the real value, 4 months ago.
Is it for sale again?
Is it a foreclosure?
What are your reasons for caring one way or the other?