3550 CARTER Dr #00078 South San Francisco, CA 94080 – New Price
I first posted about this property 8 months ago. Now it is back on the market and it is listed for $399k. In the last post some people wondered how this condo could have sold for more than $900k in 2004. Apparently, the owner sold the home to himself according to county records:
| Document Details | |||
|---|---|---|---|
| Sale amount | $928,000 | ||
| Lender # 1 | Empire Capital Mortgage Corp | ||
| Loan amount # 1 | $408,000 | ||
He bought it for $375k back in 2002, and it’s pretty weird that it could just be sold back to himself like this.
January 15, 2009 | Filed Under Dollar Loss: > $500000, Last Sale in 2004, Listing in 11/2007, Loss: > 40%, Price: < 400000, Sqft: 1500 to 2000
Comments
Leave a Reply
Offers
Subscribe to San Mateo Home Sellers in Trouble
