177 VELASCO Ave & 165 Velasco Ave Daly City, CA 94014 – Fishy Sales Histories
177 VELASCO Ave Daly City, CA 94014
Price: $564,900
| Beds: | 3 |
| Baths: | 3 |
| Sq. Ft.: | 2,370 |
| $/Sq. Ft.: | $238 |
| Lot Size: | 2,500 Sq. Ft. |
| Property Type: | Attached Single Family |
| Style: | Contemporary |
| Year Built: | 2004 |
| Stories: | 2 |
| View: | Neighborhood |
| Neighborhood: | Southern Hills |
| County: | San Mateo |
Last sale:
| Jan 31, 2006 | Sold | $865,000 |
This home at 177 Velasco was first listed in April 2007. Now it’s once again on the market at an even lower price. What’s interesting to note is the sales history of this home. First it was sold for $670k in 2004 to an Allen, Tina N with two Countrywide loans that added up to 100% of the home. And then in 2005 the home was sold between Nguyen, Trang K and Nguyen, Hung for $750k. Again this was done with a 100% Countrywide loan. Then finally Allen, Nhi T sold the home to Abiva, Jeremy and Allen, Tina Nhi in 2006 for $865k. It seems like Allen, Nhi T and Allen, Tina Nhi are the same person. Additionally, if you look at the sales history for another foreclosed property at 165 Velasco you’ll see the same sale prices of $670k to $865k and the same repeating names of Allen, Nhi T, Nguyen, Hung, and Nguyen, Trang K where Allen, Nhi T sells 165 Velasco to the Nguyens for $865k. I’m not quite sure what’s going on, but the bottom line is that Countrywide definitely lost money on these.
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