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Early Advisory: Los Olivos REO Not Yet Listed

Published by: Doris Banchik
Published on January 27th, 2012
Categorized under: Buyer Advisory

I have been told that a .33 acre parcel at 2716 Stow Street, Los Olivos, will be coming to market as a bank-owned property (REO) shortly. The preliminary price indications were the $500,000 range. This property had sold in 2005 for $895,000 (click HERE for prior listing/sale information). Assuming that the price indication is accurate, this property could be listed for as much as 44% below the prior sale. The home has an unusual two-story design, with a large master suite. The grounds, while undoubtedly in need of sprucing up, were lovely with a gazebo and central water feature.

I can show this property. Please contact me for additional information or to set-up a showing. Cheers!

said by Doris Banchik

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