Monday, October 1, 2012

#610 sells for 38% of original 2006 sale price!

On Aug. 15, 2012, Wm S. and Candace M. Powers of South Pittsburg, TN, purchased the 2nd Floor 3/2 foreclosed unit #610 from Bank of NY for $68,500. 

The unit had originally sold 11/21/06 for $178,200 to David R Ellingson. The sale price was $109,700 less than the original purchase price in 06. This sets a record low price at NCC, the previous record low was 40% of OSP.