Friday, May 6, 2011

High-Priced Deep Creek Foreclosures 2011

342 LAKEFRONT LINKS Dr: foreclosed March 15, 2011; current list price $825,000. Original 2008 list price $1,199,900. If it has "great rental income" as the listing suggests why is it in foreclosure?!

126 HIGH ROCK Ln: listed as a foreclosed property as of May 5, 2011; current list price $474,900. 2007 sold price $600,000.

3285 SHINGLE CAMP Rd: foreclosed October 27, 2010; sold March 31, 2011 for $1.1 million. At one time, this property was listed for as much as $1.8 million.

625 PONDS Rd: foreclosed October 13, 2010; current list price $950,000.

190 MORNING GLORY Dr: bank-owned; current list price $324,500.

Based on what has happened with 199 UPPER HIGHLINE Dr (short sale) and 342 LAKEFRONT LINKS Dr (foreclosure), I would have expected 335 WATERFRONT GREENS Dr to join the list soon, but apparently a buyer stepped in and saved this one from foreclosure. In case you don't recall, all three properties were at one time owned by the same Morgantown-based LLC.

Don't forget to check back to Dan's Deep Creek Blog for your future updates on Deep Creek real estate statistics.

1 comment:

Dan said...

126 High Rock Ln is now listed as a pending sale.