Tuesday, May 29, 2007

705 South Jersey Street, Denver Instant Equity!

This flip WAS a winner once. Check this out;
Listed 06/27/2003 $247,900
Sold 11/03/2003 $230,000
Listed 10/31/2005 $253,500
Sold 02/12/2006 $250,000
Sold 03/08/2006 $390,000, $370,000 9.25% balloon, this sale was never listed in the MLS
and the home was never moved into. The neighborhood supports the mid $200's alot of trickery and hocus pocus was done for this last sale.
If you Zillow this home and Zillow any other comparable homes in the hood it shows just how accurate Zillow is NOT.
This was sent to us by a reader, Thanks!

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