Believe it or not, it sold for $42K, and it closed escrow on Oct. 28, 2008.
The lender foreclosed on this property for $279K in 2006. How much this property will appreciate is a matter of time and how the area develops. But at $42K, this appears to be a good deal for the buyer. How much can one spend building a house like this?
Good luck with your search and may you find a good deal, too!