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Home CA Bank Hug Club (2): 95% off Zestmiate.

CA Bank Hug Club (2): 95% off Zestmiate.

Even this single residential family house was foreclosed and took back by a banker 8 months ago for $145K, the listing agent would appreciate you to make an offer of $8,500. Did I miss a "0" at the ending? Quadruply checked. The answer is "NOPE." Mind you it is not considered as a low ball offer so that you don't have to feel bashful.

Just join the "bank robber club" where bankers greet you with hug and kisses. Jump on the wagon before it is too late.

Zestimate says it has a market value of $131,000 as of today. Almost 95% off, that's a steal, right? Compared to its foreclosed price 14 years ago, it is still 70% off; and 85% off its normal sale price 13 years ago. What do you think this price for a house in a California big city?

My comment: due to its location in the city of 200K, it is NOT a good buy.

5** ****** Ave, M*****, CA 95***

Residence: Single family --
Bedrooms:2 --
Bathrooms: 1.0 --
Sq ft: 864 --
Lot size: 7,840 sq ft / 0.18 acres -- sq ft / -- acres
Year built: 1940

ZESTIMATE®: $131,000

Value Range: $94,320 - $180,780

  • 30-day change: -$8,000
  • Zestimate updated: 12/15/2008

Last sale and tax info

Sold 04/09/2008:
$145,424 *
2008 Property Tax:
$871

Sale History
04/09/2008: $145,424 *
09/28/1995: $53,000
09/07/1994: $27,000 *
No other sale data is available

Posted Tuesday Dec 16