Wednesday, March 17, 2010

Foreclosure: 501 Westmoreland Court - Carrsbrook - $218,900

As quick as you can snap your fingers, this one will be under contract.  MLS# 474798, a 2,438 sq. ft. 4 bedroom, 3 bath brick lady in desirable Carrsbrook, a leafy subdivision off 29N, across from Walmart, but tucked deeply into woods.  Most recent owners paid $293k in '05, the bank got it back for $241k in Dec. 09, and it's assessed at $264k.

There's essentially no seller-owned house of this size, nor any Short Sales, that can compete with this price right now in Albemarle County.

Poof!  This baby's gone.  But no worries.  There are more foreclosures just waiting to creep out of the Shadow Inventory

Image via/copyright CAAR.

Related Reading
1001 Black Branch Farm
Top 10 Homebuyer FAQ for Cville Albemarle
One in 10 VA Mortgages Delinquent or in Foreclosure

No comments: