How can this home have sold for $350,000 in August 2005 in Lancaster, CA: http://www.zillow.com/advice-thread/Your-Expert-Opinion-On-Valuation-and-Ana

Asked by Avenue S, Lancaster, CA Mon May 31, 2010

http://www.zillow.com/advice-thread/Your-Expert-Opinion-On-V…

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Tamara Stoebe, Agent, Lancaster, CA
Mon May 31, 2010
Hello Avenue S -

In 2003 this home was sold out of a family group to an individual for $199,000 with a loan for $188,670

In June of 2005 the individual owner then refinanced the property for $271,800

In Sept 2005 the individual then sold the property to a married couple for $350,000 on a Contract of Sale with an All Inclusive Trust Deed for $325,000 - which means $25,000 downpayment and the new loan of $271,800 is being paid under the new loan for $325,000. Interesting ?

I do not have the ability to e-mail you through this site the Comparable Market Analysis - but I'd be happy to e-mail it to you, just send me an e-mail at Tamara@TamaraStoebe.com

Now having said that, based upon the timeframe from March 1, 2005 thru Oct 1, 2005 - the average sales price for a similar home are:

High 350,000 Low284,000 Median 315,000


I hope you find this information helpful.

Tamara Stoebe, REALTOR, GRI, QSC, e-PRO, Notary
DRE License #01827461
Prudential Troth REALTORS
1801 W. Ave. K
Lancaster, CA 93534
Cell: (661) 466-6849
Fax: (661) 422-3006
E-mail: Tamara@TamaraStoebe.com
Website: http://www.TamaraStoebe.com
0 votes
Don Tepper, Agent, Burke, VA
Mon May 31, 2010
I don't see where it says that it sold for $350,000. It's showing a 2005 sales price of $53,500.
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